The North America electronic data interchange (EDI) market size is expected to reach US$ 29.20 billion by 2031 from US$ 13.57 billion in 2024. The market is estimated to record a CAGR of 11.6% from 2025 to 2031. The rising demand for AI-driven personalization will likely bring in new market trends.
EDI solutions require constant maintenance as the overall workflow of the organization's business depends on it. Several organizations consider EDI to have adherence to numerous compliances and standards. This hampers smaller businesses from dealing with larger organizations to deploy an updated version of document standards. The organizations are interchanging EDI documents directly with their customers or using third-party service providers. With the growing trend of digitalizing business documents for efficient processing, several compliances are implemented, which boosts the transition from paper-based invoices to electronic invoices worldwide.
The rising digital transformation and acceptance of EDI solutions for data transaction trends across BFSI, retail, and manufacturing industries, along with the rising EDI-related compliance requirements and favorable government initiatives to boost EDI solution adoption, are a few of the critical factors driving the demand for EDI solutions in North America. However, the high implementation cost along with the time-consuming placement of the solutions is hampering its market growth. Despite such limitations, the increasing adoption of EDI transactions and standards and rising digital transformation across industries are anticipated to fuel the market growth during the forecast period.
A few common materials that are interchanged between the organization and trade partners with the help of an EDI are invoices, purchase orders, advance ship notices, customs, payment, inventory, bills of lading, and shipping status documents. EDI allows organizations to regulate the exchange of data between supply chain applications. EDI helps the organization and guarantees the business-critical data to be sent on time. The EDI replaced traditional business communication with mail preparation and handling automatically. It helps the organizations to standardize the information interchanged via business documents, which makes it a paperless exchange. The EDI solutions permit organizations to enhance the overall workflow performance. The fast and accurate processing of EDI documents leads to less repeated work, along with fewer canceled orders and stock-outs.
Companies are continuously investing in digital technologies to revolutionize business processes by improving operational efficiency at reduced costs. The rising adoption of cloud computing is one of the substantial factors for deploying EDI technology and service consumption models. Organizations are focusing on applications, data, connections, and cloud integration, including EDI. For instance, as per the PublicFirst survey, in 2022, 51% of businesses stated that they currently use some form of cloud services (including IaaS, PaaS, and SaaS), and 21% confirmed that they use IaaS or PaaS as a replacement or complement for their IT infrastructure. Although cloud computing has grown exponentially, there is a shortage of well-trained IT professionals. Process automation and digital transformation can create numerous opportunities for businesses to create more value and increase revenue. Invoicing is a considerable function in all business segments, including B2B and B2C, which require a substantial cost, time, and workforce. Along with paper-based invoices, a large number of e-invoices are generated daily, thereby reducing the overall productivity cost of the business. The rising adoption of e-invoicing helps businesses save substantial costs associated with invoicing generation and transmission to end customers. Automating the invoicing process through e-invoicing offers several strategic and operational benefits to buyers, suppliers, and managers. A few advantages of EDI solutions are reduced costs, increased accuracy, faster payments, improved cash management, enhanced productivity, environmental benefits, and improved compliance. Thus, the rising digital transformation drives the North America EDI market.
Rising Deployment of Cloud-Based EDI
Businesses are gradually adopting cloud-based EDI solutions. Cloud EDI software provides a combination of technological and business process improvement design. From streamlined automation to data transformation capabilities, cloud EDI tools help overcome potential integration challenges without having to deploy and manage the software and hardware. Further, a few benefits of implementing cloud-based EDI are mentioned below:
Cloud-based EDI providers deliver their services via cutting-edge technology, recording ~100% uptime. Further, in January 2024, AWS introduced B2B Data Interchange, a platform enabling organizations to automate and monitor the transformation of EDI cloud-based business transactions. The service offers a low-code interface for managing trading partners and translating EDI documents into JSON and XML formats. Thus, the rising deployment of cloud-based EDI can drive significant improvements in cost-efficiency, scalability, security, and operational effectiveness, which is expected to create substantial opportunities for the North America EDI market during the forecast period.
Key segments that contributed to the derivation of the North America electronic data interchange (EDI) market analysis are offering, deployment mode, and enterprise size.
The regional trends and factors influencing the North America Electronic Data Interchange (EDI) Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses North America Electronic Data Interchange (EDI) Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 13.57 Billion |
Market Size by 2031 | US$ 29.20 Billion |
Global CAGR (2025 - 2031) | 11.6% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The North America Electronic Data Interchange (EDI) Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the North America Electronic Data Interchange (EDI) Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The North America electronic data interchange (EDI) market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the North America electronic data interchange (EDI) market are listed below:
(Source: OpenText Corp, Press Release, March 2024)
(Source: Comarch SA, Press Release, February 2024)
The "North America Electronic Data Interchange (EDI) Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
The List of Companies - North America Electronic Data Interchange (EDI) Market
The North America electronic data interchange (EDI) market is expected to reach US$ 29.19 billion by 2031.
The EDI via VAN segment led the electronic data interchange (EDI) market with a significant share in 2024 and it is also expected to grow with the highest CAGR.
US is anticipated to grow with the highest CAGR over the forecast period.
The rising adoption of EDI solution with blockchain technology are the major future trends for the North America electronic data interchange (EDI) market.
The North America electronic data interchange (EDI) market was estimated to be USD 13.56 billion in 2024 and is expected to grow at a CAGR of 11.6 %, during the forecast period 2024 - 2031.
The increasing adoption of EDI transactions and standards and the rising digital transformation across industries are the factors driving the EDI market growth.
The key players, holding majority shares, in electronic data interchange (EDI) market includes SPS Commerce Inc, Truecommerce, Boomi Inc, Cleo, and Mulesoft LLC.