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E-Invoicing Market is expected to grow at a CAGR of 18.90% from 2024 to 2030, as per Maximize Market Research

E-Invoicing Market, E-Invoicing Market Size, E-Invoicing Market Share,

E-Invoicing Market, E-Invoicing Market Size, E-Invoicing Market Share,

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

Technology helping E-Invoicing industry grow

The e-invoicing market is being fundamentally reshaped by rapid technological advancements and a growing focus on automation. Automation technologies like AI and ML are being integrated to enhance the e-invoicing process, making tasks such as information extraction, data validation, and discrepancy prediction more efficient. Additionally, blockchain technology is gaining significance in the e-invoicing industry due to its capability to offer secure, unchangeable transaction records, ensuring data integrity and minimizing the risk of fraud. The risk of cyber-attacks and data privacy issues are primary restraining factors.

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Asia Pacific dominated the E-Invoicing Market

In 2023, the Asia Pacific region dominated the global market, accounting for a significant 34.05% of the total revenue share. E-invoicing is particularly prominent in China, which is a crucial market within APAC. The market expansion in this area is expected to outpace that of other regions in the E-Invoicing Market. The implementation of government initiatives mandating e-invoicing practices in B2B and B2C services will drive the growth of the e-invoicing market in APAC throughout the forecast period.

Recent News

27 sept 2024, September 2024 Embracing the future: HMRC announce consultation on mandatory e-Invoicing The UK government has recently announced an exciting development that could revolutionize the way

27 sept 2024, Poland: VAT E-Invoicing Implementation Extended to February 2026

5 july 2024, e-Invoicing mandates and updates: Malaysia

12 sept 2024, Democratic Republic of Congo e-invoicing Sept 2024

22 july 2024, Oman B2B e-invoicing launch slips to 2025

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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

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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:

What are the driving factors impacting the global e-invoicing market?

What will be the market size of the global e-invoicing market by 2031?

What is the estimated market size for the global e-invoicing market in 2023?

Which are the key players holding the major market share of the global e- invoicing market?

What are the future trends of the global e-invoicing market?

What is the incremental growth of the global e-invoicing market during the forecast period?

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-e-invoicing-market/31243/

Key Offerings:

Past E-Invoicing Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
E-Invoicing Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
E-Invoicing Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - E-Invoicing Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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Contact Maximize Market Research:
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About Maximize Market Research:

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

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