PUBLISHER: The Insight Partners | PRODUCT CODE: 1780308
PUBLISHER: The Insight Partners | PRODUCT CODE: 1780308
The electronic data interchange market size was valued at US$ 34.02 billion in 2024 and is expected to reach US$ 74.36 billion by 2031; it is estimated to register a CAGR of 11.9% during 2025-2031.
The electronic data interchange market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the electronic data interchange market in 2024. Europe is the second-largest contributor to the global electronic data interchange market, followed by Asia Pacific.
The electronic data interchange market in APAC is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The electronic data interchange market in Asia Pacific (APAC) is segmented into China, Japan, India, South Korea, Australia, and Rest of APAC. The EDI market players in the region are experiencing significant demand for their solutions and services as the need for EDI is comparatively high across various industries which includes retail, IT & telecom, logistics, BFSI, and others. Most of the countries in the region are economically developing, and thus, the investment in advanced technologies has increased, facilitating several growth opportunities for the electronic data interchange market players.
China and Japan are the leading countries in the APAC Electronic data interchange market due to the steep industrialization rise. The rising adoption of high-end automation solutions among various industries in China and Japan has surged the demand for EDI solutions and services. Several industries, such as Retail, BFSI, retail, logistics, and IT, are booming in APAC and are also anticipated to continue to climb substantially during the forecast period, resulting in a rise in the procurement of EDI solutions and services, thereby catalyzing the electronic data interchange (EDI) market. The EDI solution helps the organization to exchange data accurately and securely with their trading partners. They also enable the organization to reduce operational costs and enhance quality.
On the basis of component, the market is segmented into solution and services. The solution segment held the largest electronic data interchange market share. There are diversified EDI solutions available in the market; a few are as follows: Web EDI, Integrated EDI, Outsourcing EDI, EDI B2B Portal, EDI B2C Portal, EDI Managed Services, and EDI Documents Storage. These solutions are capable of meeting the growing needs of customers and supporting them in streamlining commercial transactions. It also helps businesses automate data exchange processes via electronically transferring documents, including purchase orders, shipping notices, invoices, and other business-critical information. These solutions, especially direct EDI, are deployed in a broad range of large and small to mid-sized enterprises for interchanging high volumes of commercial documents between businesses in a multitude of sectors across the globe. Thus, the expanding industry has prompted the adoption of EDI solutions for managing a high volume of transactions, speeding and securing EDI transactions, and reducing overall operational costs.
Salesforce, Inc. (MuleSoft); SPS Commerce, Inc.; TrueCommerce Inc.; IBM Corporation; Cleo; Generix Group; Comarch SA; THE DESCARTES SYSTEMS GROUP INC; EDICOM; Unifiedpost Group; Epicor Software Corp; eZCom Software Inc.; Amazon Web Services (AWS); OpenText; and Lobster Data GmbH are among the key electronic data interchange market players that are profiled in this market study.
The overall electronic data interchange market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the electronic data interchange market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the electronic data interchange market.