South & Central America Electronic Data Interchange (EDI) Market Forecast to 2030

South & Central America Electronic Data Interchange (EDI) Market Forecast to 2030

South & Central America 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)

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Description

The South & Central America electronic data interchange (EDI) market was valued at US$ 684.31 million in 2022 and is expected to reach US$ 1,123.31 million by 2030; it is estimated to grow at a CAGR of 6.4% from 2022 to 20 30.

Growing Adoption of EDI Outsourcing Services Fuels the South & Central America Electronic Data Interchange (EDI) 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 provide access to the latest technology, gets connected with the external systems, and provide access to the value-added services to permit the user to trade globally. The 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.

South & Central America Electronic Data Interchange (EDI) Market Overview

The EDI market in SAM is segmented into Brazil, Argentina, and the Rest of SAM. As per GSMA, it is estimated that 75% of the region’s population would subscribe to mobile services by 2025. Pertaining to the growing IT industry, retail, and logistics industries in countries such as Brazil, Argentina, and Chile, the integration of EDI is projected to grow significantly. Factors such as better internet access facilities will likely boost EDI solutions and services adoption in the countries above. The national and state tax authorities increasingly use consolidated models, technology integration, and favorable legislation to enhance their fiscal models. These models are increasingly adopted in countries such as Colombia and Costa Rica. In addition, the advantages offered by EDI solutions, such as reduced costs, improved business management, prevention of tax fraud/evasion, and efficient monitoring of financial transactions, are further driving the adoption of EDI software in B2B, B2C, and B2G transactions in various SAM countries. Hence, the growth of e-invoicing in SAM is driven by public sector initiatives.

South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Electronic Data Interchange (EDI) Market Segmentation

The South & Central America electronic data interchange (EDI) market is segmented based on component, type, industry, and country.

Based on component, the South & Central America electronic data interchange (EDI) market is bifurcated into solution and services. The solution segment held a larger South & Central America electronic data interchange (EDI) market share in 2022.

In terms of type, the South & Central America 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 South & Central America electronic data interchange (EDI) market share in 2022.

By industry, the South & Central America 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 South & Central America electronic data interchange (EDI) market share in 2022.

Based on country, the South & Central America electronic data interchange (EDI) market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America electronic data interchange (EDI) market in 2022.

Comarch SA, EDICOM, International Business Machines Corp, Optum Inc, and The Descartes Systems Group Inc are some of the leading companies operating in the South & Central America electronic data interchange (EDI) market .

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At 6.4% CAGR, the South & Central America Electronic Data Interchange (EDI) Market is Speculated to be Worth US$ 1,123.31 Million by 2030, says The Research Team

According to The Research Team’ research, the South & Central America electronic data interchange (EDI) market was valued at US$ 684.31 million in 2022 and is expected to reach US$ 1,123.31 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Increasing adoption of EDI transactions and standards and rising adoption of EDI solution with blockchain technology are among the critical factors attributed to the South & Central America electronic data interchange (EDI) market expansion.

Blockchain is a revolutionary technology transforming business processes across many industries, from retail to logistics. It is deployed to transform the payment and invoicing industry globally by offering easy access and highly secure solutions for end customers. The growing integration of blockchain technology due to successful proof of concepts across various industries such as IT & telecom, BFSI, transportation, and logistics demands EDI solutions for efficient data interchange. A few blockchain applications consist of high-security applications, data of multiple parties, and tracking of goods from origin to end user. However, according to a few industry experts, blockchain technology cannot replace the B2B transactional methodology; it is suggested to be used as an add-on to EDI for producing a better business outcome instead of replacing the overall EDI solution with blockchain technology. Therefore, with the mounting digitalization of payment as well as invoice processes across diversified businesses, the adoption of blockchain technology is expected to lead to the future growth of the EDI market.

On the contrary, emergence of security threats and attacks hampers the growth South & Central America electronic data interchange (EDI) market.

Based on component, the South & Central America electronic data interchange (EDI) market is bifurcated into solution and services. The solution segment held 66.7% share of the South & Central America electronic data interchange (EDI) market in 2022, amassing US$ 456.27 million. It is projected to garner US$ 783.02 million by 2030 to expand at 7.0% CAGR during 2022–2030.

In terms of type, the South & Central America 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 30.4% share of the South & Central America electronic data interchange (EDI) market in 2022, amassing US$ 207.94 million. It is projected to garner US$ 368.17 million by 2030 to expand at 7.4% CAGR during 2022–2030.

By industry, the South & Central America 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 31.6% share of South & Central America electronic data interchange (EDI) market in 2022, amassing US$ 216.49 million. It is projected to garner US$ 313.96 million by 2030 to expand at 4.8% CAGR during 2022–2030.

Based on country, the South & Central America electronic data interchange (EDI) market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil held 68.4% share of South & Central America electronic data interchange (EDI) market in 2022, amassing US$ 468.27 million. It is projected to garner US$ 792.19 million by 2030 to expand at 6.8% CAGR during 2022–2030.

Key players operating in the South & Central America electronic data interchange (EDI) market are Comarch SA, EDICOM, International Business Machines Corp, Optum Inc, and The Descartes Systems Group Inc, among others.

In 2021, With its EDI platform, Comarch allowed the customer to embark on its digital transformation path and thus become more competitive in other markets.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America electronic data interchange (EDI) market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America electronic data interchange (EDI) market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the electronic data interchange (EDI) market, as well as those hindering it
o 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

1. Introduction
1.1 The Research Team 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. South & Central America Electronic Data Interchange (EDI) Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain:
5. South & Central America 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 – South & Central America Market Analysis
6.1 South & Central America Electronic Data Interchange (EDI) Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Electronic Data Interchange (EDI) Market Forecast and Analysis
7. South & Central America Electronic Data Interchange (EDI) Market Analysis – Component
7.1 Solution
7.1.1 Overview
7.1.2 Solution: South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8. South & Central America Electronic Data Interchange (EDI) Market Analysis – By Type
8.1 Direct EDI
8.1.1 Overview
8.1.2 Direct EDI : South & Central America 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 : South & Central America 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 : South & Central America 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 : South & Central America 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 : South & Central America 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 : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9. South & Central America Electronic Data Interchange (EDI) Market Analysis – By Industry
9.1 BFSI
9.1.1 Overview
9.1.2 BFSI : South & Central America 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 : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare : South & Central America 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 : South & Central America 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 : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
10. South & Central America Electronic Data Interchange (EDI) Market – Country Analysis
10.1 South & Central America
10.1.1 South & Central America Electronic Data Interchange (EDI) Market Overview
10.1.2 South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts and Analysis – By Countries
10.1.2.1 Brazil Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.1.1 Brazil Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.1.2 Brazil Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.1.3 Brazil Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.2 Argentina Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Argentina Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.2.2 Argentina Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.2.3 Argentina Electronic Data Interchange (EDI) Market Breakdown by Industry
10.1.2.3 Rest of South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 Rest of South & Central America Electronic Data Interchange (EDI) Market Breakdown by Component
10.1.2.3.2 Rest of South & Central America Electronic Data Interchange (EDI) Market Breakdown by Type
10.1.2.3.3 Rest of South & Central America 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 Optum Inc
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
12.1.6 Key Developments
12.2 International Business Machines Corp
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
12.3 The Descartes Systems Group 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 EDICOM
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 Comarch SA
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
13. Appendix
13.1 Word Index

LIST OF TABLES

Table 1. South & Central America Electronic Data Interchange (EDI) Market Segmentation
Table 2. South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. South and Central America Electronic Data Interchange (EDI) Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 4. Brazil Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 5. Brazil Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 6. Brazil Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 7. Argentina Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. Argentina Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 9. Argentina Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 10. Rest of South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 11. Rest of South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 12. Rest of South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America Electronic Data Interchange (EDI) Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Electronic Data Interchange (EDI) Market
Figure 3. South & Central America Electronic Data Interchange (EDI) Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Electronic Data Interchange (EDI) Market Revenue (US$ Million), 2022 & 2030
Figure 6. South & Central America Electronic Data Interchange (EDI) Market Share (%) – Component, 2022 and 2030
Figure 7. Solution: South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Services: South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Electronic Data Interchange (EDI): South & Central America Electronic Data Interchange (EDI) Market Share (%) – Type, 2022 and 2030
Figure 10. Direct EDI : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. EDI via AS2 : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. EDI via VAN : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Mobile EDI : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Web EDI : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. EDI Outsourcing : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Electronic Data Interchange (EDI) : South & Central America Electronic Data Interchange (EDI) Market Share (%) – Industry, 2022 and 2030
Figure 18. BFSI : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Retail and Consumer Goods : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Healthcare : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. IT and Telecommunication : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Transportation and Logistics : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Others : South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. South & Central America Electronic Data Interchange (EDI) Market Revenue, by Key Countries, (2022) (US$ Million)
Figure 25. Electronic Data Interchange (EDI) Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. Brazil Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Argentina Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Rest of South & Central America Electronic Data Interchange (EDI) Market Revenue and Forecasts To 2030 (US$ Mn)

The List of Companies – South & Central America Electronic Data Interchange (EDI) Market

o Comarch SA
o EDICOM
o International Business Machines Corp
o Optum Inc
o The Descartes Systems Group Inc

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