Europe Electronic Data Interchange (EDI) Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Solution and Services), Type [Electronic Data Interchange (EDI) VAN, Web Electronic Data Interchange (EDI), Electronic Data Interchange (EDI) Outsourcing, Electronic Data Interchange (EDI) Software, Direct Electronic Data Interchange (EDI), and Others], and Industry (BFSI, Retail and Consumer Goods, Healthcare, IT and Telecommunication, Transportation and Logistics, and Others)

The Europe Electronic Data Interchange (EDI) market is expected to grow from US$ 7,054.8 million in 2021 to US$ 15,209.3 million by 2028; it is estimated to grow at a CAGR of 11.6% during 2021–2028.

Notably, there is a fast-paced adoption of digital technologies as more retail and consumer goods companies in Europe are opening new revenue channels with online stores, digital payments, and other innovative products in the retail industry. The electronic data interchange software plays a crucial role in exchanging invoices and other transactional documents in a digital platform. Supporting the adoption of these solutions, on September 24, 2020, the European Commission announced the adoption of a package of steps on digital finance, also consisting of the communication on a newly developed strategy for modern and safe retail payments. The retail payments strategy for the EU has an objective to further develop the European payments market, which will reduce Europe's dependency on big international players in the industry through the benefits derived from innovation and the opportunities created by digitization. Along with instant payments and affordable and accessible EU-wide payment solutions, there is a rising demand for consumer protection and safe payment solutions. Electronic Data Interchange (EDI) software provides a safe and convenient digital platform for data interchange, which is driving the Electronic Data Interchange (EDI) market in Europe.

Europe Electronic Data Interchange (EDI) MarketReport Scope

Europe Electronic Data Interchange (EDI) Market Report Scope

The List of Companies - Europe Electronic Data Interchange (EDI) Market

1. Mulesoft, LLC
2. SPS Commerce, Inc.
3. TrueCommerce Inc.
4. IBM Corporation
5. Cleo
6. The Descartes Systems Group Inc.
7. EDICOM
8. Comarch SA
9. Unifiedpost Group
10. Generix Group

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