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E-Invoicing Market Size, Share Global Analysis Report, 2018 – 2027

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E-Invoicing Market By Type (Cloud-Based and On-Premise) and By End-Users (Energy, FMCG, E-Commerce, Finance, Express Service, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the E-Invoicing market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the E-Invoicing market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the E-Invoicing market on a global level.

Global E-Invoicing Market Size

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In order to give the users of this report a comprehensive view of the E-Invoicing market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new products & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 4,633 Million

Projected Market Size in 2027

USD 24,726 Million

CAGR Growth Rate

20.4% CAGR

Base Year

2018

Forecast Years

2019-2027

Key Market Players

YAT Software, Araize Inc., Tipalti Solutions Ltd., Freshbooks, KashFlow Software, Zervant, Mercury Systems Inc., Coupa Software Inc., Zoho, Intuit, IPayables, Xero, FinancialForce, SAP, Acclivity Group LLC, Norming Software, Brightpearl, Sage, PaySimple., and Others

Key Segment

By Type, End-Users, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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The study provides a decisive view of the E-Invoicing market by segmenting the market based on type, end-users, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Large-scale utilization of web in small, medium, and large-sized firms to create web invoicing as well as online forms for the purpose of entering the invoice data online will proliferate the market demand. Apparently, the rise in the acceptance of e-invoicing across countries like Mexico, Chile, and Brazil due to supportive government initiatives will impel the market growth over the forecast timeline.

Based on the type, the market is sectored into Cloud-Based and On-Premise. In terms of end-users, the industry is divided into Energy, FMCG, E-Commerce, Finance, Express Service, and Others.

logoSome of the major players in the business include

  • YAT Software
  • Araize Inc.
  • Tipalti Solutions Ltd.
  • Freshbooks
  • KashFlow Software
  • Zervant
  • Mercury Systems Inc.
  • Coupa Software Inc.
  • Zoho
  • Intuit
  • IPayables
  • Xero
  • FinancialForce
  • SAP
  • Acclivity Group LLC
  • Norming Software
  • Brightpearl
  • Sage
  • PaySimple.

This report segments the E-Invoicing market as follows:

logo By Type Analysis

  • Cloud-Based
  • On-Premise

logoE-InvoicingMarket: By End-Users Analysis

  • Energy
  • FMCG
  • E-Commerce
  • Finance
  • Express Service
  • Others

logo Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Industry Major Market Players

  • YAT Software
  •  Araize Inc.
  •  Tipalti Solutions Ltd.
  •  Freshbooks
  •  KashFlow Software

Frequently Asked Questions

Electronic invoicing or e-invoicing is the exchange of the invoice document between a supplier and buyer in an integrated automated format.  In other words, electronic invoicing is a kind of electronic billing. Moreover, invoicing resembles any heavily paper-based method that is manually tiresome or monotonous and can cause human error resulting in enhanced costs and elongation of the processing lifecycle for the firms.
One of the major causes for the growth of the global E-Invoicing market is Strict enforcement of laws by government authorities mandating E-Invoicing Market.
According to the report, the global E-Invoicing market is predicted to be valued at approximately USD 4,633 million in 2018 and is expected to reach a value of around USD 24, 726 million by 2027.
The CAGR value of E-Invoicing market is expected to be around 20.4% during 2018-2027.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new E-Invoicing Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for E-Invoicing Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of E-Invoicing Market in North America over coming decade.
The global E-Invoicing market is led by players like YAT Software, Araize, Inc., Tipalti Solutions Ltd., Freshbooks, KashFlow Software, Zervant, Mercury Systems, Inc., Coupa Software Inc., Zoho, Intuit, IPayables, Xero, FinancialForce, SAP, Acclivity Group LLC, Norming Software, Brightpearl, Sage, and PaySimple and others.