1. What is the projected Compound Annual Growth Rate (CAGR) of the On-Demand Trucking?
The projected CAGR is approximately 18.8%.
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On-Demand Trucking by Type (Full Truck Load (FTL), Less Than Truck Load (LTL), Intermodal), by Application (Manufacturing, Retail and E-commerce, Healthcare, Food and Beverage, Automotive, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The on-demand trucking market is poised to experience substantial growth, valued at $698.48 million in 2025 and projected to reach $3.56 billion by 2033, exhibiting a CAGR of 18.8%. This growth is attributed to the increasing adoption of e-commerce, globalization, and the need for efficient and flexible transportation solutions. The market is segmented by type (FTL, LTL, Intermodal) and application (manufacturing, retail, healthcare, food and beverage). North America holds the largest market share, followed by Europe and Asia Pacific.
Key factors driving the market include the rise of e-commerce and retail, which has led to a surge in the demand for last-mile delivery services. Additionally, the growing need for efficient and cost-effective transportation solutions, along with advancements in technology such as GPS tracking and real-time monitoring, are contributing to the market's growth. However, factors such as driver shortages, fluctuating fuel prices, and regulations can pose challenges to the industry. The competitive landscape consists of major players such as Cargomatic, Dropoff, Flexport, Freightos, J.B. Hunt Transport, and Transfix. These companies are investing in technology, expanding their networks, and forging partnerships to gain a competitive edge in the market.
The on-demand trucking market is rapidly evolving, driven by the increasing adoption of e-commerce and the need for more efficient and flexible transportation solutions. In 2023, the global on-demand trucking market is expected to reach USD 25 billion, growing at a CAGR of 15.2% during the forecast period. Key market insights include:
Several key factors are driving the growth of the on-demand trucking market, including:
While the on-demand trucking market is growing rapidly, there are also some challenges and restraints that need to be addressed:
In terms of segments, the full truck load (FTL) segment is expected to dominate the market over the forecast period. FTL services are typically used for transporting large or heavy loads, and the growth of e-commerce is driving demand for these services.
Several factors are expected to drive the growth of the on-demand trucking market in the coming years, including:
This report provides a comprehensive overview of the on-demand trucking market, including key trends, drivers, challenges, and opportunities. The report also includes detailed analysis of the market by region, segment, and leading players.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 18.8% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 18.8%.
Key companies in the market include Cargomatic Inc., Dropoff, Inc., Flexport Freight Tech LLC, Freightos, J.B. Hunt Transport, Inc., Loadsmart Inc., NEXT Trucking, Ninjatruck, S.L. (Ontruck), Transfix, Uber Freight, uShip, Inc., Zinka Logistics Solutions Ltd..
The market segments include Type, Application.
The market size is estimated to be USD 698480 million as of 2022.
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The market size is provided in terms of value, measured in million.
Yes, the market keyword associated with the report is "On-Demand Trucking," which aids in identifying and referencing the specific market segment covered.
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