According to a new report pertaining to the global digital transformation of maritime freight market published by Transparency Market Research, the global digital transformation of maritime freight market is projected to reach a value of ~ US$ 38.4 Bn by 2027. The market is projected to expand at a CAGR of ~ 10% from 2019 to 2027. Growth of the market can be attributed to increased importance and dependency on IT & digitization within the shipping industry. Over the forecast period, Asia Pacific is anticipated to grow rapidly in the digital transformation of maritime freight market, at a ~ 11% CAGR. In terms of share, the digital transformation of maritime freight market is dominated by North America, followed by Europe. In the digital transformation of maritime freight market, the software solution segment was valued at ~ US$ 15.3 Bn in 2017. Increased Importance and Dependency on IT & Digitization within the Shipping Industry IT an...