The electronic data interchange (EDI) market in Asia-Pacificis expected to grow from US$ 5363.1Million in 2019 to US$ 12,815.1Million by 2027; it is estimated to grow at a CAGR of 12.0% from 2020 to 2027.
EDI offerings allow organizations to enhance the overall workflow performance, which is one of the significant factors driving the market in Asia-Pacific. The fast and accurate processing of EDI documents results in reduces the need of repeating work, minimizes the chances of orderscancelling, and lowers the number of stock-out incidences. These solutions require constant maintenance as the overall workflow of the organization's business depends on it. Several organizations consider implementing EDI solutions to ensure adherence to numerous compliances and standards.
EDI solution providers are offering various solutions with benefits such as compliance features to tackle the complex country regulations as well as to protect them from any risk associated with the regulatory compliances that affect “procure to pay” and “order to cash” business processes. The EDI standard formats on which the data interchange depends is managed and efficiently interpreted by computers, so that it can be easily understood by senders and recipients.
Theimplementation of EDI outsourcing allows usersto have access to the latest technology and connect to the external systems; the service providers enable the community enablement process, and they also provide value-added services to allow users tocarry out trade in Asia-Pacific. The EDI enhances the business agility by allowing business to quickly enter new Asia Pacific Electronic Data Interchange (EDI) market and boosting business productivity by supplying further and advanced information related to performance, supply chain, and business partners. Therefore, EDI outsourcing allows organizations to sustain in their respective marketplaces.
Asia-PacificElectronic Data InterchangeMarket Revenue and Forecast to 2027 (US$ Mn)
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Asia-PacificElectronic Data InterchangeMarketSegmentation
Asia-Pacific Electronic Data Interchange (EDI) Market – by Component
- Solutions
- Services
Asia-Pacific Electronic Data Interchange (EDI) Market – by Type
- Direct EDI
- EDI via AS2
- EDI via VAN
- Mobile EDI
- Web EDI
- EDI Outsourcing
- Others
Asia-Pacific Electronic Data Interchange (EDI) Market – by Industry
- BFSI
- Retail and Consumer Goods
- Healthcare
- IT and Telecommunications
- Transportation and Logistics
- Others
Asia-Pacific Electronic Data Interchange (EDI) Market – by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific Electronic Data Interchange Market-Companies Mentioned
- SPS Commerce, Inc.
- TrueCommerce Inc.
- IBM Corporation
- The Descartes Systems Group Inc.
- Data Masons Software LLC
- Comarch SA
Asia Pacific Electronic Data Interchange (EDI) Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 5363.1 Million |
Market Size by 2027 | US$ 12,815.1 Million |
Global CAGR (2020 - 2027) | 12.0% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
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- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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