E-Invoicing Market Size, Share, and Forecast by 2031
E-Invoicing Market: Size and Share
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CAGR (2023 - 2031)22.4% -
Market Size 2023
US$ 12.47 Billion -
Market Size 2031
US$ 62.68 Billion
Market Dynamics
- Digital Transformation Across Industries
- Rise in E-Invoicing Related Compliance Requirements
- Growth of E-Commerce Industry
- Integration of Blockchain in E-Invoicing
- Rise in Demand for Cloud-Based Solutions
- Increased Support for Expansion of Small and Medium-Sized Enterprises
Market Segmentation
Deployment - On-Premise
- Cloud-Based
End-user - Retail and E-Commerce
- Government
- IT and Telecom
- BFSI
Application - B2B
- B2C
- B2G
Type - Non-PO Invoices
- PO Invoices
E-Invoicing Market Players Density: Understanding Its Impact on Business Dynamics
The E-Invoicing Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the E-Invoicing Market are:
- Cegedim SA
- Sage Group Plc
- Comarch SA
- Nipendo Ltd
- Tradeshift
- Transcepta LLC
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the E-Invoicing Market top key players overview
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