The E-Invoicing Market size was valued at USD 12.15 Billion in 2023 and the total E-Invoicing Market revenue is expected to grow at a CAGR of 18.90% from 2024 to 2030, reaching nearly USD 40.82 Billion.
E-Invoicing Market Overview
The E-Invoicing Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the E-Invoicing Market, as well as the causes for variances in the industry’s growth in various places
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E-Invoicing Market Report Scope and Research Methodology
This study offers a thorough analysis of the E-Invoicing # market with a particular emphasis on the key players’ tactics, geographic locations, and market segments. In addition to offering insights on import/export consumption, supply and demand, price, cost, and gross margins, it analyses opportunities, challenges, drivers, and restraints at the regional and segment-specific levels. To guarantee accuracy, information from primary and secondary research methods such as questionnaires, phone interviews, and surveys was employed. To assess the benefits and drawbacks of the market, a SWOT analysis was done.
Segment-wise analysis of the market is divided into E-Invoicing Market . Regional analysis of the E-Invoicing market conducted at local, regional and global levels. The report also provides information on the emerging regions that are expected to be major markets for the E-Invoicing market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the E-Invoicing market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the E-Invoicing Market.
E-Invoicing Market Dynamics:-
For new entrants in the Global E-Invoicing Market, there are various promising opportunities to explore. As governments across the world enforce stricter regulations for tax compliance and transparency, there is an expanding demand for e-invoicing solutions that adhere to these standards. New enterprises can capitalize on this need by utilizing innovative, compliant platforms that cater to diverse regulatory environments. Furthermore, the integration of cutting-edge technologies such as AI, and blockchain into e-invoicing systems presents a considerable opportunity. These technologies increase automation, accuracy, and security, and new entrants can differentiate themselves by proposing advanced, tech-driven solutions. The shift towards cloud-based services also provides a valuable opportunity for newcomers. Cloud-based e-invoicing platforms offer scalability, flexibility, and cost-efficiency, making them attractive to businesses of all sizes. Moreover, the rapid growth of the e-commerce sector has led to an increased volume of transactions and a need for efficient invoicing solutions.
Increasing into emerging E-Invoicing Markets represents another promising opportunity. Many developing regions are experiencing rapid digital transformation, and there is an extensive demand for accessible and affordable e-invoicing solutions. By affecting these regions, new entrants can tap into available markets. Furthermore, the growing need for effective cross-border transaction management and multi-currency invoicing presents an opportunity for newcomers to provides solutions that support global trade and compliance.
E-Invoicing Market Regional Insights
Regional analysis is conducted to assess the status of the E-Invoicing market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The E-Invoicing market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
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E-Invoicing Market Segmentation
by Product
Cloud-based
On-Premises
by Type
Finance
FMCG
Energy
Others
by Application
B2B
B2C
Others
E-Invoicing Market Key Players
1. Avalara - USA
2. Basware - Finland
3. Comarch SA - Poland
4. Corcentric Inc. - USA
5. Coupa Software - USA
6. DocuPhase - USA
7. Edicom - Spain
8. Esker - France
9. FreshBooks - Canada
10. IBM - USA
11. KashFlow Software Ltd - UK
12. OpenText Corporation - Canada
13. PaySimple - USA
14. Pragero - Not specified (Possibly USA-based)
15. Sage Group - UK
16. SAP - Germany
17. Seres (Docaposte) - France
18. Storecove - Netherlands
19. Tipalti Inc. - USA
20. Transcepta - USA
21. Tungsten Network - UK
22. Zycus - USA
Key questions answered in the E-Invoicing Market are:
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What is E-Invoicing ?
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What was the E-Invoicing market size?
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What is the growth rate of the E-Invoicing Market?
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Which are the factors expected to drive the E-Invoicing market growth?
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What are the different segments of the E-Invoicing Market?
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What growth strategies are the players considering to increase their presence in E-Invoicing ?
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What are the upcoming industry applications and trends for the E-Invoicing Market?
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What segments are covered in the E-Invoicing Market?
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Who are the leading companies and what are their portfolios in E-Invoicing Market?
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What segments are covered in the E-Invoicing Market?
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Who are the key players in the E-Invoicing market?
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Key Offerings:
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Past Market Size and Competitive Landscape
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Past Pricing and price curve by region
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Market Size, Share, Size & Forecast by Different Segment |
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Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
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Market Segmentation – A detailed analysis by segment with their sub-segments and Region
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Competitive Landscape – Profiles of selected key players by region from a strategic perspective
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Competitive landscape – Market Leaders, Market Followers, Regional player
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Competitive benchmarking of key players by region
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PESTLE Analysis
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PORTER’s analysis
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Value chain and supply chain analysis
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Legal Aspects of Business by Region
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Lucrative business opportunities with SWOT analysis
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Recommendations
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