The size of the global market for Electronic Data Interchange (EDI) software was estimated at USD 1.78 billion in 2022 and is expected to increase by USD 1.98 billion in 2023 to USD 4.52 billion by 2030, exhibiting a CAGR of 12.5% over the forecast period.
Software used for Electronic Data Interchange (EDI) is included in the scope, and examples include Boomi B2B EDI, TrueCommerce EDI, Epicor EDI, and others. The market is expanding primarily as a result of large organizations' growing preference for internal processing, digital transformation, and process automation. Additionally, the growing acceptance of electronic data transactions across a range of industries is anticipated to fuel market expansion over the course of the forecast period. The main software vendors are concentrating on implementing different marketing strategies, such as mergers and acquisitions, joint ventures, and others, to strengthen their position in the Electronic Data Interchange software market.
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DEMANDING INDUSTRY PLAYERS
Major players like Dell Boomi, SPS Commerce, Inc., MuleSoft LLC, and others are actively enhancing their product lines to support a variety of end-use applications in order to strengthen their market positions. These major players are currently fusing EDI systems with cutting-edge technologies like the Internet of Things (IoT), machine learning (ML), blockchain, cloud computing, and others to improve their product offerings and provide better solutions. Additionally, the major market players are concentrating on the development and expansion of current solutions in terms of technology integration and upgrade.
The companies that follow are a few of the major businesses profiled:
- Boomi Inc. (Dell Boomi) (U.S.)
- SPS Commerce, Inc. (U.S.)
- Software AG (Germany)
- MuleSoft LLC (U.S.)
- Epicor Software Corporation (U.S.)
- TrueCommerce Inc. (U.S.)
- Rocket Software, Inc. (U.S.)
- Open Text Corporation (Canada)
- Babelway (Belgium)
- Comarch SA (Poland)
The "Electronic Data Interchange (EDI) Software Market Report 2030" from Fortune Business Insights is an in-depth overview of the market that covers over 60 geographies and provides high-level market segmentation for each one. The market in each geography is examined, along with market size by region and country, in the section on regional and national breakdowns. Additionally, it assesses the market's past and anticipated growth and highlights important trends and corporate expansion tactics.
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SCOPE AND SEGMENTATION ASSOCIATED WITH THE REPORT
By Deployment:
- Cloud
- On-premises
By Industry:
- Healthcare
- Automotive
- Financial Services
- Manufacturing
- Retail
- Logistics
- Others (Telecom)
By Region
- (The United States and Canada)
- Europe (the United Kingdom, Germany, France, Italy, and the rest of the continent)
- Asia-Pacific (including Southeast Asia, China, India, Japan, and the rest of the region)
- Latin America (including Brazil, Mexico, and the remainder of the region)
- South Africa, the Gulf Cooperation Council, and the rest of the Middle East and Africa
The study examines several crucial elements to comprehend the market, such as the most recent market dynamics, growth potential, and development trends, as well as market challenges, development threats, and risk factors. The information is easy to understand thanks to this comprehensive market overview. In addition to offering both short- and long-term market forecasts, the study also provides an analytical stance on the pertinent global market sector.
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What insights does the Electronic Data Interchange (EDI) Software Market report provide to readers?
- Electronic Data Interchange (EDI) Software Market Fragmentation Based on Product Type, End User, and Region
- Comprehensive assessment of upstream starting materials, downstream demand, and the present market landscape.
- Collaborations, RD projects, acquisitions, and product launches of each Electronic Data Interchange (EDI) Software Market player
- The various rules governments have placed on using the Electronic Data Interchange (EDI) Software Market are described in detail.
The inspirations for investing in this report
- The research provides a detailed market overview by defining, describing, and classifying it.
- The study includes the SWOT analysis and business plans of each vendor in the industry.
- The report provides in-depth analyses of current market trends, trend forecasts, and growth drivers.
- The study thoroughly analyzes the business's competitive landscape and significant market strategies.
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