Press release
Electronic Data Interchange (EDI) Market to reach USD 64.37 Bn by 2029, emerging at a CAGR of 12 percent and forecast 2023-2029
Electronic Data Interchange (EDI) Market Report Scope:The Electronic Data Interchange (EDI) Market Report 2023-2029 offers a comprehensive analysis of the market, focusing on its dynamics, drivers, restraints, regional insights, and market segmentation. The report provides valuable insights into the EDI industry and its potential impact on various sectors.
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Electronic Data Interchange (EDI) Market Research Methodology:
The report employs a robust research methodology, including data collection, analysis, and evaluation of both external and internal factors affecting the market. It also incorporates a landscape analysis, competitive benchmarking, and an assessment of technology trends to provide a holistic view of the EDI market.
What are Electronic Data Interchange (EDI) Market Dynamics:
One of the key drivers of the global EDI market is its ability to enhance business performance. Fast and accurate processing of EDI documents reduces order cancellations, repetitive tasks, and stock-outs. Furthermore, streamlining order processing and delivery times helps businesses optimize their inventory levels. The globalization of the financial supply chain has also created a need for EDI solutions to manage interdependencies in international commerce.
Electronic Data Interchange (EDI) Market Regional Insights:
North America: The adoption of modern technologies and widespread EDI deployment is expected to drive North America's dominance in the global EDI market, with a projected CAGR of percent during the forecast period. The region's growth is fueled by technical advancements and the increased use of EDI in various industries, including healthcare, retail, and industrial sectors.
Asia Pacific: This region is poised to become a lucrative market for electronic data interchange (EDI) due to rising demand across small, medium, and large businesses. The adoption of EDI is expected to grow steadily throughout the forecast period.
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What is 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
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Electronic Data Interchange (EDI) Market Key Players:
1. Mulesoft, LLC
2. SPS Commerce, Inc.
3. TrueCommerce Inc.
4. IBM Corporation
5. Cleo
6. The Descartes Systems Group Inc.
7. Data Masons Software LLC
8. crossinx GmbH
9. EDICOM
10. Comarch SA
11. Capario Inc.
12. Optum Inc.
13. Dell Boomi
14. Cerner Corporation
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Table of content for the Electronic Data Interchange (EDI) Market includes:
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
Global Electronic Data Interchange (EDI) Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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
Lucrative business opportunities with SWOT analysis
Recommendations
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