Press release
Electronic Data Interchange (EDI) Market is expected to reach USD 64.37 Bn by 2029, during the forecast period Development Scenario and Business Statistics
Pune 24 Feb 2023: As per Maximize Market research, a global business research and consultancy firm, the total global market for "Electronic Data Interchange (EDI) Market" was USD 26 Bn in 2021 and is expected to grow at a CAGR of 12 percent over the forecast period to reach USD 64.37 Bn by 2029.Electronic Data Interchange (EDI) Market Report Scope and Research Methodology
The report involves the factors affecting the industry, including the competitive landscape, market environment historical data, present trends in the market, upcoming technologies, and the market risks, opportunities, market barriers, and challenges. For the competitive analysis of the Electronic Data Interchange (EDI) market, the major industry players are listed by region, along with their price, financial standing, product, product portfolio, mergers and acquisitions, joint ventures, technical advancements, mergers and strategic alliances.
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To estimate the Electronic Data Interchange (EDI) market size by various segments, the bottom-up approach was used. The report includes the extensive usage of both primary and secondary data sources. Component, Type and End Users are the segments used to analyze Electronic Data Interchange (EDI) to determine the aspects that both favor favorable and unfavorable affect market growth. The analysis also provides information on the emerging regions that are expected to be major markets Electronic Data Interchange (EDI) SWOT analysis was conducted to provide the strengths and weaknesses of the Electronic Data Interchange (EDI) Market while PESTLE was employed to understand the potential impact of the micro-economic factors affecting the Electronic Data Interchange (EDI)Market.
Increasing Adoption of the EDI for Seamless Workflow drives the growth of the market
The electronic data interchange (EDI) document involves the minimum amount of vital data for ensuring the EDI transaction. The effective EDI Transaction helps to improve the data exchange process with a seamless automation of the B2B workflows, cloud ecosystem and various applications. The seamless workflow is majorly useful in the banking market sector.
During the forecast period, the Electronic Data Interchange (EDI) Market growth is expected to be driven by increasing government regulations for increasing the adoption of the EDI, growth in the E-Commerce industries, increasing demand for the cloud-based solution and rising acceptance of the small as well as medium business. The Electronic Data Interchange (EDI) Market growth is expected to be restrained by high costs and the time-consuming adoption of EDI software.
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The transportation and logistics industry held the largest market share in 2021 and is expected to grow at a fast CAGR over the forecast period.
North America is expected to dominate the global Electronic Data Interchange (EDI) Market during the forecast period
In 2021, the North American region dominated the Electronic Data Interchange (EDI) market and is expected to continue its dominance with the at a significant growth rate over the forecast period. The regional Electronic Data Interchange (EDI) Market growth is expected to be driven by technological advancements and expansion of the manufacturing, healthcare, retail and automobiles industries. The United States and Canada both are the major two contributors to the regional growth of the Electronic Data Interchange (EDI) Market.
During the forecast period, the Asia Pacific region is expected to grow significantly due to an increase in the E-commerce industry, rising government initiatives and increasing in supply chain efficiencies between suppliers and retailers. The demand for the Electronic Data Interchange (EDI) market is expected to drive by the increasing manufacturing facilities in developing countries such as India and China.
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Electronic Data Interchange (EDI) Market Segmentation
By Component
Solution
Services
By Type
Direct EDI
EDI via AS2
EDI via VAN
Mobile EDI
Web EDI
EDI Outsourcing
Others
By End-users
Retail and Consumer Goods
BFSI
Healthcare
IT and Telecommunication
Transportation and Logistics
Others
Electronic Data Interchange (EDI) Market Key Players include:
Mulesoft, LLC
SPS Commerce, Inc.
TrueCommerce Inc.
IBM Corporation
Cleo
The Descartes Systems Group Inc.
Data Masons Software LLC
crossinx GmbH
EDICOM
Comarch SA
Capario Inc.
Optum Inc.
Dell Boomi
Cerner Corporation
Table of for Global Electronic Data Interchange (EDI) Market:
Global Electronic Data Interchange (EDI) Market: Research Methodology
Global Electronic Data Interchange (EDI) Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Electronic Data Interchange (EDI) Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Electronic Data Interchange (EDI) Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Type (2021-2029)
Global Market, by End-users (2021-2029)
Regional Global Electronic Data Interchange (EDI) Market(2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by End-users (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of the Component, Type, End-users and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Maximize Market Research Information Technology & Telecommunication research firm, has also published the following reports:
Cloud Applications Market - Global Industry Analysis and Forecast (2022-2029): know more
https://www.maximizemarketresearch.com/market-report/global-cloud-applications-market/116735/
Multi-channel Apps Market: Global Industry Analysis and Forecast (2022-2029): know more
https://www.maximizemarketresearch.com/market-report/global-multi-channel-apps-market/98530/
Healthcare EDI Market: Size, Dynamics, Regional Insights, and Market Segment Analysis (by Component, Delivery Mode, End-Use, and Region): know more
https://www.maximizemarketresearch.com/market-report/global-healthcare-edi-market/6589/
Track and Trace Solutions Market is expected to experience significant growth due to the increasing deployment of track and trace systems by pharmaceutical & medical device businesses: know more
https://www.maximizemarketresearch.com/market-report/global-track-and-trace-solutions-market/3238/
Digital Logistics Market: Global Overview and Forecast (2022-2029) by System, Service, Application, Industry Vertical, and Region: know more
https://www.maximizemarketresearch.com/market-report/global-digital-logistics-market/63961/
Logistics Automation Market: Global Industry Analysis and Forecast (2021-2029): know more
https://www.maximizemarketresearch.com/market-report/global-logistics-automation-market/7182/
Data Privacy Software Market: Global Industry Analysis and Forecast (2022-2029): know more
https://www.maximizemarketresearch.com/market-report/data-privacy-software-market/145730/
Scientific Data Management System Market - Global Industry Analysis and Forecast (2022-2029): know more
https://www.maximizemarketresearch.com/market-report/global-scientific-data-management-system-market/117352/
Alternative Data Market: Industry Analysis and Forecast (2022-2029) : know more
https://www.maximizemarketresearch.com/market-report/alternative-data-market/121998/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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