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.
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Europe Electronic Data Interchange (EDI) Market: Strategic Insights
Europe Electronic Data Interchange (EDI) Market
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Market Size 2021
US$ 7,054.8 Million
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Market Size 2028
US$ 15,209.3 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Regional Overview
- Europe
Market Segmentation
Component
- Solution
- Services
Type
- Electronic Data Interchange VAN
- Web Electronic Data Interchange
- Electronic Data Interchange Outsourcing
- Electronic Data Interchange Software
- Direct Electronic Data Interchange
Industry
- BFSI
- Retail and Consumer Goods
- Healthcare
- IT and Telecommunication
- Transportation and Logistics
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Europe Electronic Data Interchange (EDI) MarketReport ScopeEurope Electronic Data Interchange (EDI) Market Report Scope
Report Attribute
Details
Market size in 2021
US$ 7,054.8 Million
Market Size by 2028
US$ 15,209.3 Million
Global CAGR (2021 - 2028)
11.6%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Component - Solution
- Services
By Type - Electronic Data Interchange VAN
- Web Electronic Data Interchange
- Electronic Data Interchange Outsourcing
- Electronic Data Interchange Software
- Direct Electronic Data Interchange
By Industry - BFSI
- Retail and Consumer Goods
- Healthcare
- IT and Telecommunication
- Transportation and Logistics
Regions and Countries Covered
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Market leaders and key company profiles
Mulesoft, LLC
SPS Commerce, Inc.
TrueCommerce Inc.
IBM Corporation
Cleo
The Descartes Systems Group Inc.
EDICOM
Comarch SA
Unifiedpost Group
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Europe Electronic Data Interchange (EDI) Market: Strategic Insights
-
Market Size 2021
US$ 7,054.8 Million -
Market Size 2028
US$ 15,209.3 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Regional Overview
- Europe
Market Segmentation
Component - Solution
- Services
Type - Electronic Data Interchange VAN
- Web Electronic Data Interchange
- Electronic Data Interchange Outsourcing
- Electronic Data Interchange Software
- Direct Electronic Data Interchange
Industry - BFSI
- Retail and Consumer Goods
- Healthcare
- IT and Telecommunication
- Transportation and Logistics
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Electronic Data Interchange (EDI) Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 7,054.8 Million |
| Market Size by 2028 | US$ 15,209.3 Million |
| Global CAGR (2021 - 2028) | 11.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Component
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| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Type, Industry, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Benelux, DACH, France, Italy, Nordics, Portugal, Spain, United Kingdom
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The List of Companies - Europe Electronic Data Interchange (EDI) Market
- Mulesoft, LLC
- SPS Commerce, Inc.
- TrueCommerce Inc.
- IBM Corporation
- Cleo
- The Descartes Systems Group Inc.
- EDICOM
- Comarch SA
- Unifiedpost Group
- Generix Group
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