Global Accounts Receivable (AR) Automation Market 2022 - Industry Briefing

Global Accounts Receivable (AR) Automation Market 2022 - Industry Briefing

The global accounts receivable (AR) automation market was valued at USD 2,368 million in 2021 to USD 4,621 million by 2028, progressing at a CAGR of 9.9% from 2022 to 2028, according to Gen Consulting Company.

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, deployment mode, organization size, end user, and region. The global market data on accounts receivable (AR) automation can be segmented by component: solution, services. The solution segment is estimated to account for the largest share of the global accounts receivable (AR) automation market. Accounts receivable (AR) automation market is further segmented by deployment mode: on-premise, cloud-based. The cloud-based segment held the largest revenue share in 2021. Based on organization size, the accounts receivable (AR) automation market is segmented into: large enterprises, small and medium enterprises (SMEs). Globally, the SMEs segment made up the largest share of the accounts receivable (AR) automation market. On the basis of end user, the accounts receivable (AR) automation market also can be divided into: BFSI, healthcare, industrial, IT and telecom, transportation, others. The BFSI segment was the largest contributor to the global accounts receivable (AR) automation market in 2021. Accounts receivable (AR) automation market by region is categorized into: North America, Europe, Asia-Pacific, Rest of the World (RoW).

The global accounts receivable (AR) automation market is highly competitive. The report also includes the profiles of leading companies such as Bill.com Holdings Inc., BlackLine Inc. (Rimilia), Comarch S.A., Corcentric LLC, Emagia Corporation, Esker Inc., HighRadius Corporation, Kofax Inc. (Thoma Bravo LP), MHC Software Holdings Inc., Oracle Corporation, Qvalia AB, Sage Group plc, SAP SE, SK Global Software, Workday Inc., Yaypay Inc. (Quadient).

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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