Press release
Electronic Data Interchange (EDI) Market Revenue, Future Growth, Top Key Players, Trend Insights and Investment Opportunities Forecast to 2027, The Insight Partners
According to our latest market study on "Electronic Data Interchange (EDI) Market to 2027 - COVID-19 Impact and Global Analysis and Forecast 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); and Geography," the market was valued at US$ 24,640.3million in 2019 and is projected to reach US$ 49,213.1million by 2027; it is expected to grow at a CAGR of 9.5 % from 2019 to 2027.Electronic data interchange (EDI) is a process of transaction of business documents basically standard electronic format between the organization and trade partners. For instance, some of the common materials that are interchanged with the help of EDI are invoices, purchase orders, and advance ship notices. But, there are numerous other documents, namely: customs documents, bill of lading, inventory documents, payment documents, and shipping status documents, among others. EDI allows organizations to regulate the exchange of data between supply chain applications. EDI helps the organization and guarantees about the business-critical data to be sent on time. The EDI replaced traditional business communication with mail preparation and handling automatically.
To get sample Copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/sample/TIPRE00006160/?utm_source=OpenPR&utm_medium=10212
Electronic data interchange (EDI) is a process of transaction of business documents basically standard electronic format between the organization and trade partners. For instance, some of the common materials that are interchanged with the help of EDI are invoices, purchase orders, and advance ship notices. But there are numerous other documents, such as customs documents, bill of lading, inventory documents, payment documents, and shipping status documents. EDI allows organizations to regulate the exchange of data between supply chain applications. EDI ensures the organization that the business-critical data are sent on time. The EDI replaces traditional business communication with mail preparation and handles automatically. Several organizations consider EDI to have adherence to numerous compliances and standards. This hampers smaller businesses from dealing with larger organizations to deploy an updated version of document standards. The organizations are either interchanging EDI documents directly with their customers or use third-party service providers.
The mounting trend of digitalizing the business documents for efficient processing, several compliances are implemented, which boosts the transition from paper-based invoices to electronic invoices worldwide. The successful integration of EDI solutions globally and its benefits are driving other countries such as Bolivia, France, Guatemala, Columbia, China, India, Uzbekistan, Kyrgyzstan, Vietnam, Estonia, Croatia, Portugal, and Serbia.
The Prominent Players are:
•Cleo
•Comarch SA
•Crossinx GmbH
•Data Masons Software LLC
•EDICOM
•IBM Corporation
•InterTrade Systems, Inc
•Mulesoft, LLC
•SPS Commerce, Inc.
•The Descartes Systems Group Inc.
•TrueCommerce Inc.
COVID-19 Impact on electronic data interchange (EDI) Market
According to World Health Organization (WHO) report, the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are some of the worst affected countries due to COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide and the global economy is anticipated to take a worst hit in the year 2020 and likely in 2021 as well. The outbreak has created significant disruptions in primary industries such as consumer electronics, semiconductor, automotive, and IT infrastructure. All these industries are crucial for the growth of electronic data interchange (EDI) market as they are of major demand generation industries for electronic data interchange (EDI The global electronics and semiconductor industry are one of the major industries that is facing serious disruptions due to supply chain issues and manufacturing shutdowns.
The research provides answers to the following key questions:
1.What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
2.What are the key driving forces responsible for shaping the fate of the AI in Auto Insurance market during the forecast period?
3.Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the AI in Auto Insurance market?
4.What are the prominent market trends influencing the development of the AI in Auto Insurance market across different regions?
5.What are the major threats and challenges likely to act as a barrier in the growth of the AI in Auto Insurance market?
6.What are the major opportunities the market leaders can rely on to gain success and profitability?
Inquiry Before Buying At @ https://www.theinsightpartners.com/inquiry/TIPRE00006160/?utm_source=OpenPR&utm_medium=10212
An electronic data interchange (EDI) document comprises a minimum amount of vital data to ensure smooth EDI transaction. The organizations have to adhere to stringent EDI formatting rules as these help in retrieving the relevant information from the document. The EDI document comprises dozens of transaction numbers from the EDI public format. For instance, the purchase order (PO) is assigned to the invoice transaction number is 810, and the EDI transaction number 850. Thus, the EDI translator obtains an EDI 850 PO document that easily recognizes the order number, items in the order, the company name of the buyer, and the price per item. An efficient EDI transaction enhances the overall data exchange process with seamless automation of B2B workflows, as well as effective integration of the external and internal systems, cloud ecosystems, and applications.
Our reports will help clients solve the following issues: -
Insecurity about the future:
Our research and insights help our clients anticipate upcoming revenue compartments and growth ranges. This will help our clients invest or divest their assets.
Understanding market opinions:
It is extremely vital to have an impartial understanding of market opinions for a strategy. Our insights provide a keen view on the market sentiment. We keep this reconnaissance by engaging with Key Opinion Leaders of a value chain of each industry we track.
Understanding the most reliable investment centers:
Our research ranks investment centers of market by considering their future demands, returns, and profit margins. Our clients can focus on most prominent investment centers by procuring our market research.
Evaluating potential business partners:
Our research and insights help our clients identify compatible business partners.
AI in Auto Insurance Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Buy Now At @ https://www.theinsightpartners.com/buy/TIPRE00006160/?utm_source=OpenPR&utm_medium=10212
Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Data Interchange (EDI) Market Revenue, Future Growth, Top Key Players, Trend Insights and Investment Opportunities Forecast to 2027, The Insight Partners here
News-ID: 3067891 • Views: …
More Releases from The Insight Partners
Confectionery coatings - A Complete PDF Guide
Confectionery coating is also known as a compound coating, candy wafers, and melting wafers. The wafers are made with trans-fat-free, so they do not require tempering. Confectionery coatings perform many functions in confectionery products such as flavoring agent, glazing agent, color enhancer, and fortifying agent.
Get Sample Copy of Report at: https://www.theinsightpartners.com/sample/TIPRE00012692/?utm_source=OpenPR&utm_medium=10188
Top Key Players :
· Blommer Chocolate Company
· …
Quantum Cryptography - Top Companies Regional and Data Analysis to 2031
Quantum Cryptography is a method of securing communication by using the principles of quantum mechanics. It relies on quantum particles, such as photons, to transmit data securely. The most well-known application is Quantum Key Distribution (QKD), which allows two parties to share a secret key that cannot be intercepted without detection. Its security is based on the laws of physics rather than mathematical complexity. Any attempt to eavesdrop disturbs the…
Rising Hygiene Standards Propel Medical Scrub Market Growth at a 6.3% CAGR
New York, US - October 24, 2025 - The Medical Scrub Market is undergoing a transformative phase, shaped by the increasing focus on healthcare hygiene, professional aesthetics, and sustainable apparel solutions. With hospitals, clinics, and healthcare institutions prioritizing infection control and comfort, medical scrubs have evolved from simple uniforms into advanced garments that blend technology, protection, and style.
According to recent insights, the market is projected to grow at a CAGR…
Beauty Devices Market: Demand Analysis, Key Players, Trends, Sales, Supply, Depl …
Global Beauty Devices Market Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market.
Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00008260?utm_source=OpenPR&utm_medium=10881
Key Players Analysis:
NuFACE
The Procter & Gamble Co.
Koninklijke Philips NV
Panasonic Holdings Corp.
Tria Beauty
Foreo
Ya-Man LTD
ZIIP
Silk?n,
MTG Co., Ltd
The report covers key developments in the Beauty Devices Market as organic and inorganic growth strategies. Various companies are focusing…
More Releases for EDI
Healthcare Edi Market Size Analysis by Application, Type, and Region: Forecast t …
USA, New Jersey- According to Market Research Intellect, the global Healthcare Edi market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The demand for safe and effective data exchange in the healthcare industry is driving consistent expansion in the Electronic Data Interchange (EDI) market. Healthcare…
Global Healthcare EDI Market
New Jersey, United States: In the recently published financial credit Healthcare EDI Market by Stratagem Markets Insights, market buildup will continue throughout the predicted time of 2021-2028. The report contains data in this area and the latest trends in the proclamation. An overview of key song aspects is summarized, subsequent to inflection as regards the leading markets, the highest demands, and applications of top key players. The append contains push…
Healthcare EDI Market: Opportunities and Challenges
The Global Healthcare EDI Market is valued at USD 2.56 billion in 2017 and is expected to reach to USD 3.77 billion by 2022 growing at a CAGR of 8.1% during the forecast period (2017 to 2022), as per a report by MarketsandMarkets.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130571438
Why increase in outsourcing of EDI services presents an opportunity?
EDI outsourcing is the process of having a third party manage a part or the…
Electronic Data Interchange (EDI) Market - Increase In Requirement of EDI In Sma …
Electronic data interchange (EDI) refers to transaction of business documents in a standard electronic format between business partners. For instance, common documents that are exchanged with the help of EDI are invoices, advance ship notices, and purchase orders. However, there are several other documents such as inventory documents, bill of lading, customs documents, payment documents, and shipping status documents. Electronic data interchange helps organizations to standardize the interchange of data…
Healthcare EDI Market - Size, Share, Outlook
Increasing digitization and paperless office is enhancing the growth of healthcare EDI market. Conventionally, data transfer was subjected to paper-based communication, increasing the chance of human error and making the workflow cumbersome. Henceforth, EDI is an essential component for creating administrative efficiencies by reducing time and significant cost saving.
The healthcare industry explored EDI to address the challenges of reducing healthcare cost and replacing paper-based transaction with standard electronic transaction. Moreover,…
POOL4TOOL Founds Subsidiary Focused on EDI
Vienna | Haid, October 15, 2013 – POOL4TOOL responds to the increasing demand for EDI connections to the supply base portal. The solution provider has founded the subsidiary “POOL4TOOL EDI powered by GDP”, in order to efficiently connect as many suppliers as possible in the future. Together with Global Digital Post (GDP), POOL4TOOL is planning additional support measures for businesses.
POOL4TOOL, a solutions provider for purchasing optimization, is working together with…
