Asia Pacific Electronic Data Interchange Market Forecast to 2031 - Regional Analysis - by Component (Solutions and Services), Type (Direct EDI, EDI via AS2, EDI via VAN, Mobile EDI, Web EDI, EDI Outsourcing, and Others), and Industry (BFSI, Retail & Consu
Description
The Asia Pacific electronic data interchange market was valued at US$ 8,052.07 million in 2023 and is expected to reach US$ 19,769.28 million by 2031; it is estimated to register a CAGR of 11.9% from 2023 to 2031.
Growing Adoption of EDI Outsourcing Services Boosts Asia Pacific Electronic Data Interchange Market
The outsourcing of the EDI program is done via managed services by managing and implementing an EDI platform for a third-party provider. Outsourcing necessitates the organizations to access a wide range of abilities and capital investment of the hardware and software. Several companies are actively focusing on integrating EDI with their back-office systems, including an ERP system that helps achieve the demand for internal resources. Furthermore, the adoption of the managed services approach to EDI has become popular among organizations. The implementation of EDI outsourcing is more engaging than outsourcing across other areas of the IT industry. The significant aim of EDI outsourcing is to reduce the cost of investing in infrastructure by ensuring access to the right level of skills for delivering services to the customer. The implementation of EDI outsourcing offers various benefits such as providing access to the latest technology, getting connected with the external systems, and providing access to the value-added services to permit the user to trade globally. EDI enhances business agility by allowing users to quickly enter new markets and boost business productivity by supplying further and advanced information related to performance, the supply chain, and the business partners. Therefore, the growing demand for EDI outsourcing services is expected to create an opportunity for the growth of the electronic data interchange (EDI) market.
Asia Pacific Electronic Data Interchange Market Overview
The electronic data interchange (EDI) market in Asia Pacific (APAC) has been analyzed based on historical, current, and future trends in countries across the region. The EDI market players in the region are experiencing significant demand for their solutions and services as the need for EDI is comparatively high across various industries which include retail, IT & telecom, logistics, BFSI, and others. Most of the countries in the region are economically developing, and thus, investment in advanced technologies has increased, facilitating several growth opportunities for the EDI market players. China and Japan are the leading countries in the APAC EDI market due to the steep industrialization rise. The rising adoption of high-end automation solutions among various industries in China and Japan has surged the demand for EDI solutions and services. Several industries, such as BFSI, retail, logistics, and IT, are booming in APAC and are also anticipated to continue to climb substantially during the forecast period, resulting in a rise in the procurement of EDI solutions and services, thereby catalyzing the EDI market. The EDI solution helps the organization to exchange data accurately and securely with their trading partners. They also enable the organization to reduce operational costs and enhance quality. The electronic invoicing scope in the APAC market is increasing gradually. The lack of government initiatives, standards, tax impediments, regulatory framework, and proper understanding of the system within the users are among a few aspects hindering the adoption of EDI solutions. However, the volume of e-invoices exchanged across APAC is increasing from B2C organizations. Thus, it encourages organizations to invest more in paperless trade, which further boosts the EDI market growth in APAC.
Asia Pacific Electronic Data Interchange Market Revenue and Forecast to 2031 (US$ Million)
Asia Pacific Electronic Data Interchange Market Segmentation
The Asia Pacific electronic data interchange market is categorized into component, type, industry, and country.
Based on component, the Asia Pacific electronic data interchange market is bifurcated into solutions and services. The solutions segment held a larger market share in 2023.
In terms of type, the Asia Pacific electronic data interchange 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 market share in 2023.
By industry, the Asia Pacific electronic data interchange market is segmented into BFSI, retail & consumer goods, healthcare, IT & telecommunication, transportation & logistics, and others. The retail & consumer goods segment held the largest market share in 2023.
By country, the Asia Pacific electronic data interchange market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific electronic data interchange market share in 2023.
MuleSoft, LLC; Optum Inc; Pacific Commerce Pty Ltd; SPS Commerce Inc; TrueCommerce Inc; Cerner Corp; International Business Machines Corp; Boomi, Inc; GoAnywhere MFT; Cleo; The Descartes Systems Group Inc; Crossinx GmbH; EDICOM; Comarch SA; and InterTrade Systems, Inc. are some of the leading companies operating in the Asia Pacific electronic data interchange market.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific electronic data interchange market.
Highlights key business priorities to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific electronic data interchange market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific electronic data interchange market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Growing Adoption of EDI Outsourcing Services Boosts Asia Pacific Electronic Data Interchange Market
The outsourcing of the EDI program is done via managed services by managing and implementing an EDI platform for a third-party provider. Outsourcing necessitates the organizations to access a wide range of abilities and capital investment of the hardware and software. Several companies are actively focusing on integrating EDI with their back-office systems, including an ERP system that helps achieve the demand for internal resources. Furthermore, the adoption of the managed services approach to EDI has become popular among organizations. The implementation of EDI outsourcing is more engaging than outsourcing across other areas of the IT industry. The significant aim of EDI outsourcing is to reduce the cost of investing in infrastructure by ensuring access to the right level of skills for delivering services to the customer. The implementation of EDI outsourcing offers various benefits such as providing access to the latest technology, getting connected with the external systems, and providing access to the value-added services to permit the user to trade globally. EDI enhances business agility by allowing users to quickly enter new markets and boost business productivity by supplying further and advanced information related to performance, the supply chain, and the business partners. Therefore, the growing demand for EDI outsourcing services is expected to create an opportunity for the growth of the electronic data interchange (EDI) market.
Asia Pacific Electronic Data Interchange Market Overview
The electronic data interchange (EDI) market in Asia Pacific (APAC) has been analyzed based on historical, current, and future trends in countries across the region. The EDI market players in the region are experiencing significant demand for their solutions and services as the need for EDI is comparatively high across various industries which include retail, IT & telecom, logistics, BFSI, and others. Most of the countries in the region are economically developing, and thus, investment in advanced technologies has increased, facilitating several growth opportunities for the EDI market players. China and Japan are the leading countries in the APAC EDI market due to the steep industrialization rise. The rising adoption of high-end automation solutions among various industries in China and Japan has surged the demand for EDI solutions and services. Several industries, such as BFSI, retail, logistics, and IT, are booming in APAC and are also anticipated to continue to climb substantially during the forecast period, resulting in a rise in the procurement of EDI solutions and services, thereby catalyzing the EDI market. The EDI solution helps the organization to exchange data accurately and securely with their trading partners. They also enable the organization to reduce operational costs and enhance quality. The electronic invoicing scope in the APAC market is increasing gradually. The lack of government initiatives, standards, tax impediments, regulatory framework, and proper understanding of the system within the users are among a few aspects hindering the adoption of EDI solutions. However, the volume of e-invoices exchanged across APAC is increasing from B2C organizations. Thus, it encourages organizations to invest more in paperless trade, which further boosts the EDI market growth in APAC.
Asia Pacific Electronic Data Interchange Market Revenue and Forecast to 2031 (US$ Million)
Asia Pacific Electronic Data Interchange Market Segmentation
The Asia Pacific electronic data interchange market is categorized into component, type, industry, and country.
Based on component, the Asia Pacific electronic data interchange market is bifurcated into solutions and services. The solutions segment held a larger market share in 2023.
In terms of type, the Asia Pacific electronic data interchange 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 market share in 2023.
By industry, the Asia Pacific electronic data interchange market is segmented into BFSI, retail & consumer goods, healthcare, IT & telecommunication, transportation & logistics, and others. The retail & consumer goods segment held the largest market share in 2023.
By country, the Asia Pacific electronic data interchange market is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific electronic data interchange market share in 2023.
MuleSoft, LLC; Optum Inc; Pacific Commerce Pty Ltd; SPS Commerce Inc; TrueCommerce Inc; Cerner Corp; International Business Machines Corp; Boomi, Inc; GoAnywhere MFT; Cleo; The Descartes Systems Group Inc; Crossinx GmbH; EDICOM; Comarch SA; and InterTrade Systems, Inc. are some of the leading companies operating in the Asia Pacific electronic data interchange market.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific electronic data interchange market.
Highlights key business priorities to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific electronic data interchange market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific electronic data interchange market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
162 Pages
- 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 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 4. Asia Pacific Electronic Data Interchange Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in Value Chain:
- 5. Asia Pacific Electronic Data Interchange Market – Key Market Dynamics
- 5.1 Drivers
- 5.1.1 Increasing Adoption of EDI Transactions and Standards
- 5.1.2 Rising Digital Transformation Across Industries
- 5.1.3 Growing Adoption of EDI in SMEs
- 5.2 Market Restraints
- 5.2.1 Emergence of Security Threats and Attacks
- 5.2.2 High Initial Cost
- 5.3 Market Opportunities
- 5.3.1 Growing Adoption of EDI Outsourcing Services
- 5.3.2 Deployment of Cloud-based EDI
- 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 Market – Global Analysis
- 6.1 Electronic Data Interchange Market Revenue (US$ Million), 2021–2031
- 6.2 Electronic Data Interchange Market Forecast Analysis
- 7. Asia Pacific Electronic Data Interchange Market Analysis – by Component
- 7.1 Solution
- 7.1.1 Overview
- 7.1.2 Solution: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8. Asia Pacific Electronic Data Interchange Market Analysis – by Type
- 8.1 Direct EDI
- 8.1.1 Overview
- 8.1.2 Direct EDI: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.2 EDI via AS2
- 8.2.1 Overview
- 8.2.2 EDI via AS2: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.3 EDI via VAN
- 8.3.1 Overview
- 8.3.2 EDI via VAN: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.4 Mobile EDI
- 8.4.1 Overview
- 8.4.2 Mobile EDI: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.5 Web EDI
- 8.5.1 Overview
- 8.5.2 Web EDI: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.6 EDI Outsourcing
- 8.6.1 Overview
- 8.6.2 EDI Outsourcing: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9. Asia Pacific Electronic Data Interchange Market Analysis – by Industry
- 9.1 BFSI
- 9.1.1 Overview
- 9.1.2 BFSI: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2 Retail & Consumer Goods
- 9.2.1 Overview
- 9.2.2 Retail & Consumer Goods: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9.3 Healthcare
- 9.3.1 Overview
- 9.3.2 Healthcare: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9.4 IT & Telecommunication
- 9.4.1 Overview
- 9.4.2 IT & Telecommunication: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9.5 Transportation & Logistics
- 9.5.1 Overview
- 9.5.2 Transportation & Logistics: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10. Asia Pacific Electronic Data Interchange Market – Country Analysis
- 10.1 Asia Pacific Electronic Data Interchange Market Overview
- 10.1.1 Asia Pacific: Electronic Data Interchange Market Breakdown, by Key Countries, 2023 and 2031 (%)
- 10.1.1.1 Asia Pacific: Electronic Data Interchange Market – Revenue and Forecast Analysis – by Country
- 10.1.1.2 Australia: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.2.1 Australia: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.2.2 Australia: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.2.3 Australia: Electronic Data Interchange Market Breakdown, by Industry
- 10.1.1.3 China: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.3.1 China: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.3.2 China: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.3.3 China: Electronic Data Interchange Market Breakdown, by Industry
- 10.1.1.4 India: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.4.1 India: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.4.2 India: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.4.3 India: Electronic Data Interchange Market Breakdown, by Industry
- 10.1.1.5 Japan: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.5.1 Japan: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.5.2 Japan: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.5.3 Japan: Electronic Data Interchange Market Breakdown, by Industry
- 10.1.1.6 South Korea: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.6.1 South Korea: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.6.2 South Korea: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.6.3 South Korea: Electronic Data Interchange Market Breakdown, by Industry
- 10.1.1.7 Rest of APAC: Electronic Data Interchange Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.7.1 Rest of APAC: Electronic Data Interchange Market Breakdown, by Component
- 10.1.1.7.2 Rest of APAC: Electronic Data Interchange Market Breakdown, by Type
- 10.1.1.7.3 Rest of APAC: Electronic Data Interchange Market Breakdown, by Industry
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Positioning & Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 New Product Development
- 13. Company Profiles
- 13.1 Mulesoft, LLC
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Optum Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Pacific Commerce Pty Ltd
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 SPS Commerce Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 TrueCommerce Inc.
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Cerner Corp
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 International Business Machines Corp
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Boomi, Inc.
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 GoAnywhere MFT
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Cleo
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 13.11 The Descartes Systems Group Inc.0
- 13.11.1 Key Facts0
- 13.11.2 Business Description0
- 13.11.3 Products and Services0
- 13.11.4 Financial Overview1
- 13.11.5 SWOT Analysis2
- 13.11.6 Key Developments2
- 13.12 Crossinx GmbH3
- 13.12.1 Key Facts3
- 13.12.2 Business Description3
- 13.12.3 Products and Services3
- 13.12.4 Financial Overview3
- 13.12.5 SWOT Analysis3
- 13.12.6 Key Developments4
- 13.13 EDICOM5
- 13.13.1 Key Facts5
- 13.13.2 Business Description5
- 13.13.3 Products and Services5
- 13.13.4 Financial Overview5
- 13.13.5 SWOT Analysis6
- 13.13.6 Key Developments6
- 13.14 Comarch SA7
- 13.14.1 Key Facts7
- 13.14.2 Business Description7
- 13.14.3 Products and Services7
- 13.14.4 Financial Overview8
- 13.14.5 SWOT Analysis9
- 13.14.6 Key Developments0
- 13.15 InterTrade Systems, Inc1
- 13.15.1 Key Facts1
- 13.15.2 Business Description1
- 13.15.3 Products and Services1
- 13.15.4 Financial Overview1
- 13.15.5 SWOT Analysis2
- 13.15.6 Key Developments3
- 14. Appendix4
- 14.1 About The Insight Partners4
- 14.2 Word Index5
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
