The Asia-Pacific e-Invoicing market was valued at US$ 1,019.1 million in 2019 and is projected to reach US$ 4,075.8 million by 2027; it is expected to grow at a CAGR of 19.4% from 2020 to 2027.
The growth of the market is this region is mainly attributed to the rising adoption of e-in Invoicing solutions in business-to-business (B2B), business-to-customer (B2C), and business-to-government operations, among others. The rising demand for digital solutions among government organizations and tax authorities to combat tax evasion and financial fraud is also leading to increase in implementation of e-in Invoicing mandates in various countries.
Surge in the use of e-involving is driven by advancements in automation technologies to make the entire in Invoicing process easier and faster. The execution level on B2B transactions in China and India has reached 62.8% and 79.3%, respectively, which is among the major trends prevailing in these countries. In addition, the e-in Invoicing process operates differently in Pacific countries.
The detailed reports include inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. These factors are likely to drive the E-Invoicing market. The Asia-Pacific E-Invoicing market is expected to grow at a good CAGR during the forecast period from 2020 to 2027.
Rest of Asia-Pacific E-Invoicing Market Revenue and Forecasts to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia-Pacific E-Invoicing Market–Segmentation
Asia-Pacific E-Invoicing Market, by Type
- Cloud
- On-Premise
Asia-Pacific E-Invoicing Market, by End-User
- B2B
- B2C
- Others
Asia-Pacific E-Invoicing Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific E-Invoicing Market-Companies Mentioned
- Basware Corporation
- Cegedim SA
- Comarch SA
- Coupa Software Inc.
- IBM Corporation
- SAP SE
- The Sage Group plc
- Tradeshift
Asia Pacific E-Invoicing Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,019.1 Million |
| Market Size by 2027 | US$ 4,075.8 Million |
| Global CAGR (2020 - 2027) | 19.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
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