According to a new report by Expert Market Research titled, “Global Electronic Data Interchange Market Share, Size, Report and Forecast 2024-2032″, the global electronic data interchange (EDI) market size is projected to grow at a CAGR of 12% between 2024 and 2032. Aided by the accelerating digital transformation and the increasing demand for streamlined business processes across various industries, the market is expected to grow significantly by 2032.
EDI is a structured way to transmit business data electronically between organisations. It replaces traditional paper-based methods, enabling faster, more efficient, and error-free exchanges of documents such as purchase orders, invoices, and shipping notices. As businesses continually seek to optimise operational efficiencies, EDI has become a critical component for seamless transactions and communication.
The surge in the adoption of EDI is primarily fuelled by its ability to enhance operational efficiency, reduce costs, and minimise errors associated with manual processing. In an increasingly competitive business landscape, organisations are leveraging EDI to streamline their supply chain and improve their overall business communication strategies.
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One of the key drivers of the electronic data interchange (EDI) market is the rising demand for automation and efficient supply chain solutions across various industries, including retail, healthcare, logistics, and manufacturing. The integration of EDI with other enterprise systems, such as ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management), further bolsters its appeal, offering improved data synchronisation and workflow management.
Moreover, the growing focus on sustainability and the need to reduce paper usage aligns with the adoption of EDI solutions, propelling the electronic data interchange (EDI) market demand. EDI’s role in supporting regulatory compliance and enhancing data security also makes it an attractive option for organisations navigating complex regulatory environments.
North America holds a significant share of the global EDI market, primarily driven by the presence of a robust technological infrastructure, early adoption of digital solutions, and the concentration of major players in the region. The United States leads the market in North America, with its large and diverse business sector.
Europe follows closely, with substantial contributions from countries like Germany, the United Kingdom, and France. The region’s strong focus on digital transformation and the presence of stringent regulatory standards for data exchange and privacy support the adoption of EDI.
The Asia-Pacific region also accounts for a considerable portion of the electronic data interchange (EDI) market share, attributed to the expanding digitalisation of businesses and the growing e-commerce sector in countries such as China, India, and Japan. The region’s emphasis on enhancing supply chain efficiency and embracing digital technologies is driving the market forward.
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Market Segmentation
The market can be divided based on type, enterprise size, and region.
Market Breakup by Type
• EDI VAN (Value Added Network)
• EDI Software
o On-Premise
o Cloud Based
• EDI-as-a-Service (Outsourcing/Managed Services)
Market Breakup by Enterprise Size
• Large Enterprise
• Small and Medium Enterprise
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global electronic data interchange (EDI) market. Some of the major players explored in the report by Expert Market Research are as follows:
• BTC AG
• IBM Corporation
• Cleo Integration Cloud (CIC)
• SPS Commerce, Inc.
• Dell Inc.
• General Electric Company
• Others
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