Electronic Data Interchange (EDI) Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Solution, Services); Type (Direct EDI, EDI via AS2, EDI via VAN, Mobile EDI, Web EDI, EDI outsourcing, Others); Industry (BFSI, Retail and Consumer Goods, Healthcare, IT and Telecommunication, Transportation and Logistics, Others)
The Electronic Data Interchange (EDI) Market was valued US$ 24,640.3 million in 2019 and is expected to reach US$ 49,213.1million by 2027; it is estimated to grow at a CAGR of 9.5% during 2020-2027.
North America accounted for the largest market share in 2019. The North America is one of the most advanced regions in terms of adoption and implementation of EDI solutions. In 2019, the region contributed ~40% of the overall Electronic Data Interchange (EDI) Market share. The US has clearly past the phase of early adoption EDI solutions. With continuous increase in data transactions in B2C, B2B, and more, a number of organizations and their partners are projected to grow in the future. Asia Pacific is expected to be the fastest-growing market for EDI during the forecast period. The adoption of high-end automation solutions among various industries in China and Japan is a key parameter identified for the growing demand for EDI solutions and services. Several industries, such as BFSI, retail, logistics, and IT industry, are booming in APAC countries and is also anticipated to continue to grow at a substantial rate during the forecast period. Europe is another crucial market expected to witness the growth of EDI during the forecast period. Europe is the region where the adoption of electronic and digital processes/solutions is quite high among businesses, and EDI in this region is being driven by governments in various countries. Furthermore, the constant digitalization across the world and growing adoption of EDI transaction as well as associated compliance would fuel the market growth in the next few years. Further, Asia Pacific is followed by the Middle East and Africa, and South America.
Impact of COVID-19 Pandemic on EDI Market
The US is a major market for EDI, considering high internet penetration and retail & ecommerce sectors. The focus on the adoption of paperless hospital by the US healthcare system for providing more efficient process is boosting the growth of the EDI market. The EDI solution addresses the rising issue of healthcare costs and develops the quality as well as efficiency of care. The factory and business shutdowns across the US, Canada, and Mexico is negatively impacting the adoption of EDI solutions and services. North America is home to a large number of manufacturing and technology companies, and thus, the country is likely to witness severe impact of the COVID-19 outbreak in 2020, which is estimated to last in 2021 as well. Moreover, the critical situation in the US is expected to hamper the Electronic Data Interchange (EDI) Market growth in North America in the next few quarters.
Lucrative Regional EDI Market
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Market Insights- Electronic Data Interchange (EDI) Market
Rising Digital Transformation Across Industries
As digital technologies are constantly transforming across the globe and revolutionizing the business processes by improving operational efficiency at reduced costs. Large and small scale enterprises are continuously investing in cloud computing, EDI solutions, web apps, artificial intelligence, predictive analytics, the internet of things, big data, and among others. The growing adoption of cloud computing is one of the significant factors for the deployment of EDI technology and service consumption models. Organizations are diverting their focus on applications, data, connections, and integration with the cloud, which includes EDI. Although, cloud computing has grown exponentially, there is dearth for well-trained employees within the IT department. The potential of digital transformation and process automation is to create unparalleled opportunities for businesses in order to create more value and increase revenue. Thus, booming retail and consumer goods sector is massively propelling the market for EDI worldwide.
Component-Based Insights- EDI Market
Based on component, the Electronic Data Interchange (EDI) Market is segmented into solution and services. The solution segment led the market in 2019, these solutions are capable of meeting the growing needs of its client, exceptional borders and technical specifications, streamlining the receiving and sending of commercial transactions for all types of businesses.
EDI Market, by Component- 2019 and 2027
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Note: Inner circle represent market shares for 2019 and outer circle represent market shares for 2027.
Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources
Type-Based Insights- EDI Market
Based on type, the Electronic Data Interchange (EDI) Market is segmented into Direct EDI, EDI via AS2, EDI via VAN, Mobile EDI, Web EDI, EDI outsourcing, and Others. In 2019, EDI via AS2 segment led the EDI market, and the segment would continue to grow, as AS2 is the most widely used method for transferring data, precisely EDI data, through the internet securely and reliably.
Industry-Based Insights-EDI Market
Based on industry, the Electronic Data Interchange (EDI) Market is segmented into BFSI, Retail and consumer goods, healthcare, IT and telecommunication, transportation and logistics, and others. The retail and consumer goods segment led the Electronic Data Interchange (EDI) Market in 2019. The adoption of EDI in the retail sector is boosting as it streamlines the Direct Store Delivery (DSD) procedures and drives the global data synchronization.
Strategic Insights
The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2020, Cleo and C&A partnered to develop digital ecosystems. The businesses through this partnership which depend on SAP, ERP, and JD Edwards will be entitled to extend their reach to those applications via cloud-based B2B/EDI integration technology.
- In 2019, the TrueCommerceecUtopia EDI Solution was selected by Cavender's, which is a supplier community and enhance the supply chain efficiency.
Electronic Data Interchange (EDI) Market - By Component
- Solution
- Services
Electronic Data Interchange (EDI) Market - By Type
- Direct EDI
- EDI via AS2
- EDI via VAN
- Mobile EDI
- Web EDI
- EDI Outsourcing
- Others
Electronic Data Interchange (EDI) Market - By Industry
- Retail and Consumer Goods
- BFSI
- Healthcare
- IT and Telecommunication
- Transportation and Logistics
- Others
EDI Market- Companies Profiles
- Mulesoft, LLC
- SPS Commerce, Inc.
- TrueCommerce Inc.
- IBM Corporation
- Cleo
- The Descartes Systems Group Inc.
- Data Masons Software LLC
- crossinx GmbH
- EDICOM
- Comarch SA
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 EDI Market – By Component
1.3.2 EDI Market – By Type
1.3.3 EDI Market – By Industry
1.3.4 EDI Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. EDI Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. EDI Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Adoption of EDI Transactions and Standards help in Seamless Workflow
5.1.2 Rising Digital Transformation Across Industries
5.2 Market Restraints
5.2.1 Emergence of Security Threats and Attacks
5.3 Market Opportunities
5.3.1 Growing Adoption EDI Outsourcing Services
5.4 Future Trends
5.4.1 Rising Adoption of EDI Solution with Blockchain Technology
5.5 Impact Analysis of Drivers and Restraints
6. EDI Market – Global Analysis
6.1 EDI Market Global Overview
6.2 EDI Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Key Players
7. EDI Market Analysis – By Component
7.1 Overview
7.2 EDI Market Breakdown, by Component, 2019 & 2027
7.3 Solutions
7.3.1 Overview
7.3.2 Solutions: EDI Market –Revenue and Forecast to 2027 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: EDI Market – Revenue and Forecast to 2027 (US$ Million)
8. EDI Market Analysis – By Type
8.1 Overview
8.2 EDI Market Breakdown, by Type, 2019 & 2027
8.3 Direct EDI
8.3.1 Overview
8.3.2 Direct EDI : EDI Market –Revenue and Forecast to 2027 (US$ Million)
8.4 EDI Via AS2
8.4.1 Overview
8.4.2 EDI Via AS2: EDI Market –Revenue and Forecast to 2027 (US$ Million)
8.5 EDI Via VAN (EDI Network)
8.5.1 Overview
8.5.2 EDI Via VAN: EDI Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Mobile EDI
8.6.1 Overview
8.6.2 Mobile EDI : EDI Market – Revenue and Forecast to 2027 (US$ Million)
8.7 Web EDI
8.7.1 Overview
8.7.2 Web EDI : EDI Market –Revenue and Forecast to 2027 (US$ Million)
8.8 EDI Outsourcing
8.8.1 Overview
8.8.2 EDI Outsourcing: EDI Market –Revenue and Forecast to 2027 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: EDI Market –Revenue and Forecast to 2027 (US$ Million)
9. EDI Market Analysis – By Industry
9.1 Overview
9.2 EDI Market Breakdown, by Industry, 2019 & 2027
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: EDI Market –Revenue and Forecast to 2027 (US$ Million)
9.4 Retail and Consumer Goods
9.4.1 Overview
9.4.2 Retail and Consumer Goods : EDI Market –Revenue and Forecast to 2027 (US$ Million)
9.5 Healthcare
9.5.1 Overview
9.5.2 Healthcare: EDI Market –Revenue and Forecast to 2027 (US$ Million)
9.6 IT & Telecommunication
9.6.1 Overview
9.6.2 IT & Telecommunication: EDI Market –Revenue and Forecast to 2027 (US$ Million)
9.7 Transportation & Logistics
9.7.1 Overview
9.7.2 Transportation & Logistics: EDI Market –Revenue and Forecast to 2027 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others : EDI Market – Revenue and Forecast to 2027 (US$ Million)
10. EDI Market – Geographic Analysis
10.1 Overview
10.2 North America: EDI Market
10.2.1 North America: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: EDI Market, by Component
10.2.3 North America: EDI Market, by Type
10.2.4 North America: EDI Market, by Industry
10.2.5 North America: EDI Market, by Key Country
10.2.5.1 US: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: EDI Market, by Component
10.2.5.1.2 US: EDI Market, by Type
10.2.5.1.3 US: EDI Market, by Industry
10.2.5.2 Canada: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: EDI Market, by Component
10.2.5.2.2 Canada: EDI Market, by Type
10.2.5.2.3 Canada: EDI Market, by Industry
10.2.5.3 Mexico: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: EDI Market, by Component
10.2.5.3.2 Mexico: EDI Market, by Type
10.2.5.3.3 Mexico: EDI Market, by Industry
10.3 Europe: EDI Market
10.3.1 Europe: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: EDI Market, By Component
10.3.3 Europe: EDI Market, By Type
10.3.4 Europe: EDI Market, By Industry
10.3.5 Europe: EDI Market, By Country
10.3.5.1 Germany: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: EDI Market, by Component
10.3.5.1.2 Germany: EDI Market, by Type
10.3.5.1.3 Germany: EDI Market, by Industry
10.3.5.2 France: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: EDI Market, by Component
10.3.5.2.2 France: EDI Market, by Type
10.3.5.2.3 France: EDI Market, by Industry
10.3.5.3 Italy: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: EDI Market, by Component
10.3.5.3.2 Italy: EDI Market, by Type
10.3.5.3.3 Italy: EDI Market, by Industry
10.3.5.4 UK: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: EDI Market, by Component
10.3.5.4.2 UK: EDI Market, by Type
10.3.5.4.3 UK: EDI Market, by Industry
10.3.5.5 Russia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: EDI Market, by Component
10.3.5.5.2 Russia: EDI Market, by Type
10.3.5.5.3 Russia: EDI Market, by Industry
10.3.5.6 The Netherlands: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 The Netherlands: EDI Market, by Component
10.3.5.6.2 The Netherlands : EDI Market, by Type
10.3.5.6.3 The Netherlands: EDI Market, by Industry
10.3.5.7 Rest of Europe: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.7.1 Rest of Europe: EDI Market, by Component
10.3.5.7.2 Rest of Europe: EDI Market, by Type
10.3.5.7.3 Rest of Europe: EDI Market, by Industry
10.4 APAC: EDI Market
10.4.1 APAC: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: EDI Market, By Component
10.4.3 APAC: EDI Market, By Type
10.4.4 APAC: EDI Market, By Industry
10.4.5 APAC: EDI Market, By Country
10.4.5.1 Australia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: EDI Market, by Component
10.4.5.1.2 Australia: EDI Market, by Type
10.4.5.1.3 Australia: EDI Market, by Industry
10.4.5.2 China: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: EDI Market, by Component
10.4.5.2.2 China: EDI Market, by Type
10.4.5.2.3 China: EDI Market, by Industry
10.4.5.3 India: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: EDI Market, by Component
10.4.5.3.2 India: EDI Market, by Type
10.4.5.3.3 India: EDI Market, by Industry
10.4.5.4 Japan: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: EDI Market, by Component
10.4.5.4.2 Japan: EDI Market, by Type
10.4.5.4.3 Japan: EDI Market, by Industry
10.4.5.5 South Korea: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: EDI Market, by Component
10.4.5.5.2 South Korea: EDI Market, by Type
10.4.5.5.3 South Korea: EDI Market, by Industry
10.4.5.6 Rest of APAC: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: EDI Market, by Component
10.4.5.6.2 Rest of APAC: EDI Market, by Type
10.4.5.6.3 Rest of APAC: EDI Market, by Industry
10.5 MEA: EDI Market
10.5.1 MEA: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: EDI Market, by Component
10.5.3 MEA:EDI Market, by Type
10.5.4 MEA: EDI Market, by Industry
10.5.5 MEA: EDI Market, by Key Country
10.5.5.1 South Africa: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: EDI Market, by Component
10.5.5.1.2 South Africa:EDI Market, by Type
10.5.5.1.3 South Africa: EDI Market, by Industry
10.5.5.2 Saudi Arabia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: EDI Market, by Component
10.5.5.2.2 Saudi Arabia:EDI Market, by Type
10.5.5.2.3 Saudi Arabia: EDI Market, by Industry
10.5.5.3 UAE: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: EDI Market, by Component
10.5.5.3.2 UAE:EDI Market, by Type
10.5.5.3.3 UAE: EDI Market, by Industry
10.5.5.4 Rest of MEA: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: EDI Market, by Component
10.5.5.4.2 Rest of MEA:EDI Market, by Type
10.5.5.4.3 Rest of MEA: EDI Market, by Industry
10.6 SAM: EDI Market
10.6.1 SAM: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: EDI Market, by Component
10.6.3 SAM: EDI Market, by Type
10.6.4 SAM: EDI Market, by Industry
10.6.5 SAM: EDI Market, by Key Country
10.6.5.1 Brazil: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: EDI Market, by Component
10.6.5.1.2 Brazil: EDI Market, by Type
10.6.5.1.3 Brazil: EDI Market, by Industry
10.6.5.2 Argentina: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: EDI Market, by Component
10.6.5.2.2 Argentina: EDI Market, by Type
10.6.5.2.3 Argentina: EDI Market, by Industry
10.6.5.3 Rest of SAM: EDI Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: EDI Market, by Component
10.6.5.3.2 Rest of SAM: EDI Market, by Type
10.6.5.3.3 Rest of SAM: EDI Market, by Industry
11. Impact of COVID-19 Pandemic on EDI Market
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Global EDI Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Mulesoft, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 SPS Commerce, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 TrueCommerce Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IBM Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Cleo
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 The Descartes Systems Group Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Data Masons Software LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Crossinx GmbH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 EDICOM
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Comarch SA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 InterTrade Systems, Inc
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. EDI Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: EDI Market, byType – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: EDI Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: EDI Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: EDI Market, by Industry –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe EDI Market, By Type– Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe EDI Market, By Industry– Revenue and Forecast to 2027 (US$ Million)
Table 17. Germany EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 18. Germany EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Germany EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 20. France EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 21. France EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. France EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 23. Italy EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 24. Italy EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. Italy EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 26. UK EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 27. UK EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 28. UK EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 32. The Netherlands EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 33. The Netherlands EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 34. The Netherlands EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of Europe EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 38. APAC: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 39. APAC: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 40. APAC: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 41. Australia: EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 42. Australia: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 43. Australia: EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 44. China: EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 45. China: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 46. China: EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 47. India: EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 48. India: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. India: EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 50. Japan: EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 51. Japan: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 52. Japan: EDI Market, By Industry– Revenue and Forecast to 2027 (US$ Million)
Table 53. South Korea: EDI Market, By Component– Revenue and Forecast to 2027 (US$ Million)
Table 54. South Korea: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 55. South Korea: EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 56. Rest of APAC: EDI Market, By Component – Revenue and Forecast to 2027 (US$ Million)
Table 57. Rest of APAC: EDI Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 58. Rest of APAC: EDI Market, By Industry – Revenue and Forecast to 2027 (US$ Million)
Table 59. MEA: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 60. MEA: EDI Market Revenue Share, by Type (2019 and 2027)
Table 61. MEA: EDI Market, by Industry– Revenue and Forecast to 2027 (US$ Million)
Table 62. South Africa: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 63. South Africa:EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 64. South Africa: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 65. Saudi Arabia: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 66. Saudi Arabia: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 67. Saudi Arabia: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 68. UAE: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 69. UAE: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 70. UAE: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of MEA: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of MEA: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest of MEA: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 74. SAM: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 75. SAM: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 76. SAM: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 77. Brazil: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 78. Brazil: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 79. Brazil: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 80. Argentina: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 81. Argentina: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 82. Argentina: EDI Market, by Industry– Revenue and Forecast to 2027 (US$ Million)
Table 83. Rest of SAM: EDI Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 84. Rest of SAM: EDI Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 85. Rest of SAM: EDI Market, by Industry – Revenue and Forecast to 2027 (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. EDI Market Segmentation
Figure 2. EDI Market Segmentation – By Geography
Figure 3. Global EDI Market Overview
Figure 4. Solution Segment Holds the Largest Market Share
Figure 5. Retail and Consumer Goods Segment Holds the Largest Market Share
Figure 6. APAC to Show Great Traction During Forecast Period
Figure 7. North America: PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. EDI Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of EDI Market
Figure 16. Electronic Data Interchange (EDI) Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. EDI Market Breakdown, by Component (2019 and 2027)
Figure 18. Solutions: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Services: EDI Market –Revenue and Forecast to 2027 (US$ Million)
Figure 20. EDI Market Breakdown, by Type (2019 and 2027)
Figure 21. Direct EDI : EDI Market –Revenue and Forecast to 2027 (US$ Million)
Figure 22. EDI Via AS2 Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. EDI Via VAN: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Mobile EDI : EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Web EDI : EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. EDI Outsourcing: EDI Market –Revenue and Forecast to 2027 (US$ Million)
Figure 27. Others: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. EDI Market Breakdown, by Industry (2019 and 2027)
Figure 29. BFSI : EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. Retail and Consumer Goods : EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Healthcare: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. IT & Telecommunication: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Transportation & Logistics: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Others : EDI Market –Revenue and Forecast to 2027 (US$ Million)
Figure 35. EDI Market Revenue Share, By Region (2019 and 2027)
Figure 36. North America: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. North America: EDI Market Revenue Share, by Component(2019 and 2027)
Figure 38. North America: EDI Market Revenue Share, byType (2019 and 2027)
Figure 39. North America: EDI Market Revenue Share, by Industry (2019 and 2027)
Figure 40. North America: EDI Market Revenue Share, by Key Country (2019 and 2027)
Figure 41. US: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Canada: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. Mexico: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. Europe: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. Europe: EDI Market Revenue Share, By Component (2019 and 2027)
Figure 46. Europe: EDI Market Revenue Share, By Type (2019 and 2027)
Figure 47. Europe: EDI Market Revenue Share, By Application (2019 and 2027)
Figure 48. Europe: EDI Market Revenue Share, By Country (2019 and 2027)
Figure 49. Germany: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. France: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Italy: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. UK: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Russia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. The Netherlands: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. Rest of Europe: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. APAC: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. APAC: EDI Market Revenue Share, By Component (2019 and 2027)
Figure 58. APAC: EDI Market Revenue Share, By Type (2019 and 2027)
Figure 59. APAC: EDI Market Revenue Share, By Industry (2019 and 2027)
Figure 60. APAC: EDI Market Revenue Share, By Country (2019 and 2027)
Figure 61. Australia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. China: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. India: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. Japan: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. South Korea: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. Rest of APAC: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. MEA: EDI Market – Revenue And Forecast To 2027 (US$ Million)
Figure 68. MEA: EDI Market Revenue Share, by Component (2019 and 2027)
Figure 69. MEA: EDI Market Revenue Share, by Type (2019 and 2027)
Figure 70. MEA: EDI Market Revenue Share, by Industry (2019 and 2027)
Figure 71. MEA: EDI Market Revenue Share, by Key Country (2019 and 2027)
Figure 72. South Africa: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. Saudi Arabia: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. UAE: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 75. Rest of MEA: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 76. SAM: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 77. SAM: EDI Market Revenue Share, by Component (2019 and 2027)
Figure 78. SAM: EDI Market Revenue Share, by Type (2019 and 2027)
Figure 79. SAM: EDI Market Revenue Share, by Industry (2019 and 2027)
Figure 80. SAM: EDI Market Revenue Share, by Key Country (2019 and 2027)
Figure 81. Brazil: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 82. Argentina: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 83. Rest of SAM: EDI Market – Revenue and Forecast to 2027 (US$ Million)
Figure 84. Impact of COVID-19 Pandemic in North American Country Markets
Figure 85. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 86. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 87. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 88. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Electronic Data Interchange (EDI) Market
- Mulesoft, LLC
- SPS Commerce, Inc
- TrueCommerce Inc.
- IBM Corporation
- Cleo
- The Descartes Systems Group Inc
- Data Masons Software LLC
- Crossinx GmbH
- EDICOM
- Comarch SA
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the electronic data interchange (EDI) market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect technology and solution type.
Frequently Asked Questions
The retail and consumer goods segment led the EDI market. EDI products are broadly used in the retail sector and allow users to replace the paper-based process and use electronic documents to offer better customer service. The adoption of EDI in the retail sector is boosting as it streamlines the Direct Store Delivery (DSD) procedures and drives the global data synchronization. Thus, the usage of VAN doubled in retail, which was driven by point-to-point technologies such as AS2 and browser-to-portal (or Web EDI). Furthermore, a growing number of retailers are adopting mobile devices such as iPads for online ordering and easy access to inventory searches. Thus, the growing retail sector, high spending on consumer electronics products, and increasing adoption of touch-based technologies are driving the growth of the market.
Invoicing is a significant function in all business segments, including B2B and B2C, which needs a substantial amount of resources in terms of workforce, cost, and time. With the rising adoption of e-invoicing, businesses can save substantial costs related to invoicing generation and transmission to end customers. The automation of the invoicing process through e-invoicing will result in various strategic and operational benefits for buyers, suppliers, and managers. A few of these advantages of using EDI solutions include reduced costs, increased accuracy, faster payments, and enhanced productivity, improved cash management, environmental benefits, and improved compliance. Thus, the acceptance of innovative and digitalized solutions, such as EDI solutions, drives the growth of the market globally.
The electronic data interchange market was dominated by North America due to developed economies such as the US, Canada, and Mexico. The US is a developed country in terms of modern technology and developed IT infrastructure. Technological advancements have led to highly competitive markets across North America. EDI implementation is rising in the region at a sustainable pace due to emerging technologies and investment in on-the-cloud systems by organizations. The growing spending on the adoption of cloud services in the region as well as the presence of potential opportunities across next-generation IT technology in healthcare and BFSI sectors, the EDI market is also growing in this region.