E Invoicing Market Scope And Analysis

Report Code : TIPRE00009392
Category : Technology, Media and Telecommunications

Status : Published
No. of Pages : 179

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E-Invoicing Market Analysis, Scope, and Growth by 2031

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E-Invoicing Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 12.47 Billion
Market Size by 2031	US$ 62.68 Billion
Global CAGR (2023 - 2031)	22.4%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Deployment On-Premise Cloud-Based By End-user Retail and E-Commerce Government IT and Telecom BFSI By Application B2B B2C B2G By Type Non-PO Invoices PO Invoices
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Cegedim SA Sage Group Plc Comarch SA Nipendo Ltd Tradeshift Transcepta LLC Basware Corporation Coupa Software Inc International Business Machines Corp SAP SE

E-Invoicing Market News and Recent Developments

The e-invoicing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for e-invoicing:

In 2021, Coupa Software, one of the leaders in business spend management (BSM), announced that it had become an official member of the E-Invoice Promotion Association (EIPA), an organization that develops, demonstrates, and promotes standard specifications of electronic invoices. (Source: Coupa Software, Press Release)
In 2024, Basware, a global leader in AP automation and invoice processing, announced major global expansion plans as bookings rose by 52% and recurring revenue growth accelerated year-over-year (YoY) in 2023. (Source: Sweco AB, Press Release)
In 2023, Toyota Boshoku Asia signed a contract with Comarch for the implementation of e-invoicing in Thailand. Comarch will support Toyota Boshoku Asia in setting up an e-invoicing solution for preparing, delivering, and storing digital documents, with digital signatures for tax invoices and receipts complying with Thailand's Revenue Department conditions and requirements. (Source: Toyota Boshoku, Press Release)

E-Invoicing Market Report Coverage and Deliverables

The "E-Invoicing Market Size and Forecast (2022–2030)" provides a detailed analysis of the market covering the areas mentioned below:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter's Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles