Europe Electronic Data Interchange (EDI) Market Forecast to 2030 – Regional Analysis – by Component (Solution, Services), Type (Direct EDI, EDI via AS2, EDI via VAN, Mobile EDI, Web EDI, EDI Outsourcing, Others), and Industry (BFSI, Retail and Consumer Goods, Healthcare, IT and Telecommunication, Transportation and Logistics, Others)
The Europe electronic data interchange (EDI) market was valued at US$ 7,921.20 million in 2022 and is expected to reach US$ 17,271.06 million by 2030; it is estimated to grow at a CAGR of 10.2% from 2022 to 2030.
Rising Digital Transformation Across Industries Fuels the Europe Electronic Data Interchange (EDI) Market.
Large and small enterprises are continuously investing in cloud computing, EDI solutions, web apps, artificial intelligence, predictive analytics, the Internet of Things, and big data, as digital technologies are constantly transforming industries across the globe and revolutionizing 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 diverting their focus on applications, data, connections, and cloud integration, including EDI. Although cloud computing has grown exponentially, there is a shortage of well-trained IT professionals. Process automation and digital transformation can create unparalleled 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 include reduced costs, increased accuracy, faster payments, improved cash management, enhanced productivity, environmental benefits, and improved compliance. Thus, the rising adoption of innovative and digitalized solutions, such as EDI, drives Europe market growth.
Shippers communicate with ship carriers and other transportation-related stakeholders through EDI technology. Instead of physically inputting information onto paper forms, shipping businesses may transfer information electronically through EDI. EDI also benefits organizations in terms of time and money savings. By utilizing EDI, shippers may automate billing, tracking shipments, and payment collection. EDI can also maintain inventories and handle client orders in the shipping sector. By removing mistakes and decreasing human data entry, EDI helps processes run more smoothly. Since there is less need for human interaction, processing paperwork takes less time. Various countries are deploying the EDI in their shipping port.
Europe Electronic Data Interchange (EDI) Market Overview
The European electronic data interchange (EDI) market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe includes countries such as Spain, the Netherlands, Turkey, Switzerland, Poland, Sweden, Belgium, and Norway. Europe has a growing EDI market, with Germany and the UK leading the market growth. France, Estonia, Portugal, and Croatia are among the countries working aggressively to bring B2G e-invoicing mandate. Furthermore, B2B e-invoicing mandates are planned in France and Serbia from 2023 and 2022, respectively. In Europe, adoption of electronic and digital processes/solutions is high among businesses, and governments in various countries use EDI solutions. The wide market fragmentation and high cross-border trade between European countries drive the demand for efficient invoicing solutions.
The financial services industry across Europe is transforming its traditional way of offering banking and financial services to its customers. The rising adoption of digital finance is impacting the industry across Europe. Digital finance comprises a wide-range of products, processes, applications, and business models. Investments in new and advanced technologies are increasing substantially at a greater pace, which permits financial institutes to adopt EDI solutions. With these solutions and new tools, it becomes easier to make payments, investments, and money transfer. The integration of artificial intelligence, machine learning, social networks, mobile applications, cloud computing, distributed ledger technology, and big data analytics is boosting the innovation of new business and service models across financial institutions in the region. This aspect will boost the business of EDI.
Key industry associations, public administrations, tax authorities, and regulatory bodies in various European countries are complementing the growth of the EDI market by supporting the development of various standards and format interoperability.
Europe Electronic Data Interchange (EDI) Market Revenue and Forecast to 2030 (US$ Million)
Europe Electronic Data Interchange (EDI) Market Segmentation
The Europe electronic data interchange (EDI) market is segmented based on component, type, industry, and country.
Based on component, the Europe electronic data interchange (EDI) market is bifurcated into solution and services. The solution segment held a larger Europe electronic data interchange (EDI) market share in 2022.
In terms of type, the Europe electronic data interchange (EDI) market is categorized into direct EDI, EDI via AS2, EDI via VAN, mobile EDI, web EDI, EDI outsourcing, and others. The EDI via AS2 segment held the largest Europe electronic data interchange (EDI) market share in 2022.
By industry, the Europe electronic data interchange (EDI) market is segmented into BFSI, retail and consumer goods, healthcare, IT and telecommunication, transportation and logistics, and others. The retail and consumer goods segment held the largest Europe electronic data interchange (EDI) market share in 2022.
Based on country, the Europe electronic data interchange (EDI) market is categorized into the Germany, France, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe electronic data interchange (EDI) market in 2022.
Boomi Inc, Cerner Corp, Cleo, Comarch SA, Crossinx GmbH, EDICOM, GoAnywhere MFT, International Business Machines Corp, Mulesoft LLC, Optum Inc, SPS Commerce Inc, The Descartes Systems Group Inc, and TrueCommerce Inc are some of the leading companies operating in the Europe electronic data interchange (EDI) market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electronic Data Interchange (EDI) Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain:
5. Europe Electronic Data Interchange (EDI) Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Adoption of EDI Transactions and Standards
5.1.2 Rising Digital Transformation Across Industries
5.2 Market Restraints
5.2.1 Emergence of Security Threats and Attacks
5.3 Market Opportunities
5.3.1 Growing Adoption of EDI Outsourcing Services
5.4 Future Trends
5.4.1 Rising Adoption of EDI Solution with Blockchain Technology
5.5 Impact of Drivers and Restraints:
6. Electronic Data Interchange (EDI) Market - Europe Market Analysis
6.1 Europe Electronic Data Interchange (EDI) Market Revenue (US$ Million), 2022 – 2030
6.2 Europe Electronic Data Interchange (EDI) Market Forecast and Analysis
7. Europe Electronic Data Interchange (EDI) Market Analysis - Component
7.1 Solution
7.1.1 Overview
7.1.2 Solution: Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8. Europe Electronic Data Interchange (EDI) Market Analysis - Type
8.1 Direct EDI
8.1.1 Overview
8.1.2 Direct EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.2 EDI via AS2
8.2.1 Overview
8.2.2 EDI via AS2 : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.3 EDI via VAN
8.3.1 Overview
8.3.2 EDI via VAN : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.4 Mobile EDI
8.4.1 Overview
8.4.2 Mobile EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.5 Web EDI
8.5.1 Overview
8.5.2 Web EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.6 EDI Outsourcing
8.6.1 Overview
8.6.2 EDI Outsourcing : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9. Europe Electronic Data Interchange (EDI) Market Analysis – Industry
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.2 Retail and Consumer Goods
9.2.1 Overview
9.2.2 Retail and Consumer Goods : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.4 IT and Telecommunication
9.4.1 Overview
9.4.2 IT and Telecommunication : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.5 Transportation and Logistics
9.5.1 Overview
9.5.2 Transportation and Logistics : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
10. Europe Electronic Data Interchange (EDI) Market - Country Analysis
10.1 Europe
10.1.1 Europe Electronic Data Interchange (EDI) Market Overview
10.1.2 Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts and Analysis - By Countries
10.1.2.1 France Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 France Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.1.2 France Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.1.3 France Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.2 Germany Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.2.2 Germany Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.2.3 Germany Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.3 UK Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 UK Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.3.2 UK Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.3.3 UK Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.4 Italy Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.4.2 Italy Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.4.3 Italy Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.5 Russia Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 Russia Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.5.2 Russia Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.5.3 Russia Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.6 Rest of Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Rest of Europe Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.6.2 Rest of Europe Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.6.3 Rest of Europe Electronic Data Interchange (EDI) Market Breakdown by Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Mulesoft, LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Optum Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SPS Commerce, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 TrueCommerce Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Cerner Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 International Business Machines Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Boomi, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 GoAnywhere MFT
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Cleo
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 The Descartes Systems Group Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Crossinx GmbH
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 EDICOM
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 Comarch SA
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
13. Appendix
13.1 Word Index
List of Tables
Table 1. Europe Electronic Data Interchange (EDI) Market Segmentation
Table 2. Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Electronic Data Interchange (EDI) Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 4. France Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 5. France Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 6. France Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 7. Germany Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. Germany Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 9. Germany Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 10. UK Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 11. UK Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 12. UK Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 13. Italy Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. Italy Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 15. Italy Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 16. Russia Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 17. Russia Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 18. Russia Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 19. Rest of Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 20. Rest of Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 21. Rest of Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 22. List of Abbreviation
List of Figures
Figure 1. Europe Electronic Data Interchange (EDI) Market Segmentation, By Country
Figure 2. Ecosystem: Europe Electronic Data Interchange (EDI) Market
Figure 3. Europe Electronic Data Interchange (EDI) Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Electronic Data Interchange (EDI) Market Revenue (US$ Million), 2022 & 2030
Figure 6. Europe Electronic Data Interchange (EDI) Market Share (%) – Component, 2022 and 2030
Figure 7. Solution: Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Services: Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Electronic Data Interchange (EDI) : Europe Electronic Data Interchange (EDI) Market Share (%) – Type, 2022 and 2030
Figure 10. Direct EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. EDI via AS2 : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. EDI via VAN : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Mobile EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Web EDI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. EDI Outsourcing : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Electronic Data Interchange (EDI) : Europe Electronic Data Interchange (EDI) Market Share (%) – Industry, 2022 and 2030
Figure 18. BFSI : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Retail and Consumer Goods : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Healthcare : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. IT and Telecommunication : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Transportation and Logistics : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Others : Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Europe Electronic Data Interchange (EDI) Market Revenue, by Key Countries (2022) (US$ Million)
Figure 25. Europe Electronic Data Interchange (EDI) Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 26. France Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Germany Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. UK Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Italy Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Russia Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Rest of Europe Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
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