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“According to SNS Insider, The E-Invoicing Market size was valued at USD 13.52 billion in 2023 and is expected to reach USD 49.46 billion by 2031 and grow at a CAGR of 17.6% over the forecast period 2024-2031.”
Market Scope & Overview
The analysis covered in the research report provides precise information on the industry's market size, share, production capabilities, demand, and growth during the forecast period. The study also includes segment information for each category, such as market volume and value, as well as segment characteristics such as type, industry, channel, and others. The global E-Invoicing market research report provides a comprehensive analysis of the market's current and projected state.
The market research report contains all market data gathered through extensive primary and secondary research. The coronavirus outbreak is having an effect on the global economy. According to the study report, the market is rapidly changing, and the implications are being studied today and in the future. The research also examines distributors, the full industrial supply chain, and the important E-Invoicing market participants.
Market Segmentation Analysis
Market research needs a complete examination of the core industry, including classification and definition, as well as the supply and demand chain structure. The E-Invoicing research examines market segmentation by product type, application, end-user, and geography. Global marketing statistics, competitive climate surveys, growth rates, and growth rates are among the data from the global research.
Sample Report https://www.snsinsider.com/sample-request/1959
KEY MARKET SEGMENTS:
-By Channel
B2B
B2C
-By Deployment Type
Cloud-based
On-premises
-By Application
Energy and Utilities
FMCG
E-Commerce
BFSI
Government
Others
COVID-19 Impact Analysis
The research covers the impact analysis of COVID-19 on the E-Invoicing market on a national and worldwide scale. Market participants will benefit from the COVID-19 impact study as they implement pandemic mitigation plans. This research report takes into account the demand and supply side effects on the target market.
KEY PLAYERS
The major key players are Basware Corporation, Cegedim SA, Comarch SA, Coupa Software Inc., IBM Corporation, Nipendo Ltd., SAP SE, The Sage Group plc, Tradeshift., Transcepta LLC and other key players.
Regional Outlook
North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa are the geographical regions of the E-Invoicing market. The research takes into account production and consumption ratios, market size and share, import and export ratios, supply and demand, consumer demand ratios, technological advancements, R&D, infrastructure development, economic growth, and a strong market presence in each region.
Key Driver
A key driver for the E-Invoicing market is the increasing adoption of digital transformation initiatives by businesses aiming to streamline their financial processes, reduce costs, and enhance efficiency. E-invoicing solutions automate invoice generation, submission, and processing, significantly reducing errors and speeding up payment cycles. Regulatory mandates in various countries requiring electronic invoicing for tax compliance further propel market growth. Additionally, the benefits of improved cash flow management, better tracking of financial transactions, and enhanced supplier relationships drive organizations to adopt e-invoicing systems. The integration capabilities with existing enterprise resource planning (ERP) and accounting software also facilitate seamless implementation and use of e-invoicing solutions.
Competitive Analysis
E-Invoicing market research examines the most significant industry collaborations, product launches, and acquisitions. The research report integrates cutting-edge research methodologies such as SWOT and Porter's Five Forces analysis to provide a more in-depth understanding of significant players. The study report includes important information about the economy, global positioning, product portfolios, sales, gross profit margins, and scientific and technology advances.
Key Reasons to Purchase E-Invoicing Market Report
· COVID-19 market scenario study for the pre-pandemic and post-pandemic eras is included in the market research report.
· The research examines the industry's growth goals and objectives, as well as cost awareness and manufacturing processes.
Conclusion
The E-Invoicing market research report provides a comprehensive overview of the global competitive environment, as well as important new information on the main competitors and their growth strategies.
Akash Anand – Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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