North America Electronic Data Interchange (EDI) Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-Premises) By Industry, By Type (Outsourcing, In-house, and Hybrid), By Country and Growth Forecast, 2024 - 2031
North America Electronic Data Interchange (EDI) Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-Premises) By Industry, By Type (Outsourcing, In-house, and Hybrid), By Country and Growth Forecast, 2024 - 2031
The North America Electronic Data Interchange (EDI) Software Market would witness market growth of 11.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Electronic Data Interchange (EDI) Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,251.5 million by 2031. The Canada market is experiencing a CAGR of 14% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13.1% during (2024 - 2031).
The rise of cloud computing has facilitated easier access to EDI systems, enabling smaller organizations to adopt EDI without significant upfront investments in infrastructure. EDI solutions that integrate seamlessly with APIs allow businesses to connect EDI with their existing software ecosystems, driving adoption among tech-savvy organizations.
Moreover, organizations adopting EDI can significantly reduce operational costs by minimizing paperwork, improving order accuracy, and enhancing process efficiencies. EDI systems are often scalable, allowing companies to expand their EDI capabilities as they grow, making it an attractive investment for businesses looking to streamline operations.
The complexity of automotive manufacturing and the extensive network of suppliers and distributors necessitate using EDI software to facilitate seamless data exchange. EDI enables the automated sharing of critical business documents, such as purchase orders, invoices, and shipping notices, thereby reducing the reliance on paper-based processes. This automation is essential in an industry where timely and accurate information flow is crucial for maintaining production schedules and meeting export demands. As the Mexican automotive sector grows, companies will increasingly seek EDI solutions to enhance operational efficiency, reduce errors, and improve collaboration with partners.
Based on Deployment, the market is segmented into Cloud and On-Premises. Based on Industry, the market is segmented into Retail, Healthcare, Automotive, High-Tech/Manufacturing, Financial Services, Logistics, and Other Industry. Based on Type, the market is segmented into Outsourcing, In-house, and Hybrid. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
IBM Corporation
Epicor Software Corporation
Salesforce, Inc.
Open Text Corporation
Software AG
SPS Commerce, Inc.
Cleo Communications
True Commerce, Inc.
Rocket Software, Inc. (Bain Capital Private Equity)
Boomi, LP.
North America Electronic Data Interchange (EDI) Software Market Report Segmentation
By Deployment
Cloud
On-Premises
By Industry
Retail
Healthcare
Automotive
High-Tech/Manufacturing
Financial Services
Logistics
Other Industry
By Type
Outsourcing
In-house
Hybrid
By Country
US
Canada
Mexico
Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Electronic Data Interchange (EDI) Software Market, by Deployment
1.4.2 North America Electronic Data Interchange (EDI) Software Market, by Industry
1.4.3 North America Electronic Data Interchange (EDI) Software Market, by Type
1.4.4 North America Electronic Data Interchange (EDI) Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. North America Electronic Data Interchange (EDI) Software Market by Deployment
5.1 North America Cloud Market by Region
5.2 North America On-Premises Market by Region
Chapter 6. North America Electronic Data Interchange (EDI) Software Market by Industry
6.1 North America Retail Market by Country
6.2 North America Healthcare Market by Country
6.3 North America Automotive Market by Country
6.4 North America High-Tech/Manufacturing Market by Country
6.5 North America Financial Services Market by Country
6.6 North America Logistics Market by Country
6.7 North America Other Industry Market by Country
Chapter 7. North America Electronic Data Interchange (EDI) Software Market by Type
7.1 North America Outsourcing Market by Country
7.2 North America In-house Market by Country
7.3 North America Hybrid Market by Country
Chapter 8. North America Electronic Data Interchange (EDI) Software Market by Country
8.1 US Electronic Data Interchange (EDI) Software Market
8.1.1 US Electronic Data Interchange (EDI) Software Market by Deployment
8.1.2 US Electronic Data Interchange (EDI) Software Market by Industry
8.1.3 US Electronic Data Interchange (EDI) Software Market by Type
8.2 Canada Electronic Data Interchange (EDI) Software Market
8.2.1 Canada Electronic Data Interchange (EDI) Software Market by Deployment
8.2.2 Canada Electronic Data Interchange (EDI) Software Market by Industry
8.2.3 Canada Electronic Data Interchange (EDI) Software Market by Type
8.3 Mexico Electronic Data Interchange (EDI) Software Market
8.3.1 Mexico Electronic Data Interchange (EDI) Software Market by Deployment
8.3.2 Mexico Electronic Data Interchange (EDI) Software Market by Industry
8.3.3 Mexico Electronic Data Interchange (EDI) Software Market by Type
8.4 Rest of North America Electronic Data Interchange (EDI) Software Market
8.4.1 Rest of North America Electronic Data Interchange (EDI) Software Market by Deployment
8.4.2 Rest of North America Electronic Data Interchange (EDI) Software Market by Industry
8.4.3 Rest of North America Electronic Data Interchange (EDI) Software Market by Type
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Salesforce, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Epicor Software Corporation
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Acquisition and Mergers:
9.4 Open Text Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Research Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Software AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.6 SPS Commerce, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Research & Development Expenses
9.6.4 Recent strategies and developments:
9.6.4.1 Acquisition and Mergers:
9.7 Cleo Communications
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.7.2.3 Acquisition and Mergers:
9.8 TrueCommerce, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Acquisition and Mergers:
9.9 Rocket Software, Inc. (Bain Capital Private Equity)