E-Invoicing Market In Europe 2024-2028
The e-invoicing market in Europe is forecasted to grow by USD 6.13 bn during 2023-2028, accelerating at a CAGR of 18.59% during the forecast period. The report on the e-invoicing market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by convenience and easy accessibility of mobile payment systems, stringent regulatory requirements and government initiatives promoting adoption of e-invoicing, and shift from capital expenditure model to operational expenditure model.
Technavio's e-invoicing market in Europe is segmented as below:By End-userB2B
B2C
By DeploymentCloud-based
On-premises
This study identifies the increased security of documents using blockchain technology as one of the prime reasons driving the e-invoicing market in Europe growth during the next few years. Also, elimination of human intervention and rising trend toward real-time invoicing will lead to sizable demand in the market.
The report on the e-invoicing market in Europe covers the following areas:E-invoicing market in Europe sizing
E-invoicing market in Europe forecast
E-invoicing market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading e-invoicing market in Europe vendors that include American Express Co., Aruba Spa, Avalara Inc, Basware Corp., Billit BVBA, Cegedim SA., Comarch SA, Coupa Software Inc., Dooap Inc., EDICOM CAPITAL S.L., Esker SA., International Business Machines Corp., Kofax Inc., Sage Group Plc, SAP SE, Sovos Compliance LLC, Syngenta Crop Protection AG, TradeShift Holdings Inc., Unimaze ehf, and PAGERO AB. Also, the e-invoicing market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.