According to the report, Increased Adoption of Technological Solutions by Service Providers to Provide Value-added Service and Modernize Service Offering is one of the primary growth factors for the market. Growing Preference of Online Shopping and Increasing Globalization Will Drive the Market
is also expected to contribute significantly to the Freight Audit and Payment Service market. Overall, Ocean Transport
applications of Freight Audit and Payment Service, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMA’s Analyst on the Global Freight Audit and Payment Service Market identified that the demand is rising in many different parts of the world due to "High Growth of Retail & E-commerce Sector Across the Globe". One of the challenges that industry facing is "The Deployment of Technological Solutions Instead of Outsourcing Services Due to High Cost"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Freight Audit and Payment Service market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders’ insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Freight Audit and Payment Service market and other related sub-markets covered in the study.
o Key & emerging players in the Freight Audit and Payment Service market have been observed through secondary research. o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Freight Audit and Payment Service market size is calculated using market estimation process, the Freight Audit and Payment Service market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Freight Audit and Payment Service market size has been validated using both top-down and bottom-up approaches.