E-Invoicing Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Global E-Invoicing 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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compet i tors,  and opt imiz ing procurement  s t rategies.
Acco r d ing  t o  t he  l a t es t  r e po r t  by  I M ARC  G r oup ,  t i t l ed  " E - I nvo i c i ng  M arke t :  G l o ba l  
I ndu st ry  T r ends ,  Sh are ,  S i z e ,  G row t h ,  O pp or t un i t y  and  For ecas t  20 24 -
2032 , "  t he  g loba l  e - i n vo i c in g  m a r ke t  s i ze  r eac hed  US$  1 3 . 5  B i l l i on  i n  202 3 .
E-Invoic ing Industry :
Summary:
Report • The  g loba l  e - i n vo i c ing  m a r ke t  s i ze  r eac hed  USD 1 3 . 5  B i l l i on  i n  202 3 .
• The  m a r ke t  i s  exp ec t ed  t o  r e ach  USD 60 . 9  B i l l i o n  b y  20 32 ,  exh ib i t i ng  a  g r o w t h  
r a t e  ( CA G R)  o f  17 . 7%  du r ing  2 024 - 2 032 .
Summary • Eu r o pe  l eads  t he  m ar k e t ,  a ccoun t i ng  f o r  t he  l a r ge s t  e - in vo i c i ng  m ar ke t  sha r e .
• B2C  a ccoun t s  f o r  t h e  m a jo r i t y  o f  t h e  m ar k e t  s ha r e  i n  t he  chan ne l  s egm en t  due  t o  
t he  g r ow ing  p opu la r i t y  o f  on l i n e  shopp ing  and  t he  n eed  f o r  e f f i c i en t  i nvo i c ing  
so lu t i ons  t o  m anag e  a  h ighe r  vo lu m e  o f  c onsum er  t r ans ac t i on s .
• C lou d - ba sed  ho lds  t he  la r ges t  sh a r e  i n  t he  e - i nv o i c ing  i ndus t r y .
• E - co m m er ce  r ep r esen t s  t he  l ea d ing  a pp l i ca t i on  segm en t  d ue  t o  t he  r ap id  g r ow t h  
o f  o n l i ne  s hopp in g ,  wh ic h  nece ss i t a t es  e f f i c i en t  i nvo i c in g  so lu t i ons  t o  f ac i l i t a t e  
t r an sac t i ons .
• The r is ing demand for  improved cash f low management  is  a pr imary 
dr iver  of  the e- invoic ing market .
• The e- invoic ing market  growth and forecast  h ighl ight  a s igni f icant  
r ise due to technological  advancements  and the increas ing 
consumer demand for  quick  t ransact ions.
Request  for  a  PDF sample of  th is  report :  
Report ht tps : / /www. imarcgroup.com/e- invo ic ing-market / requestsample
Summary
Global  E- Invoic ing Market  Trends:
Growing Demand for  Improved Cash F low Management :
E- inv o i c ing  s ig n i f i ca n t l y  enha nces  ca sh  f l ow  m a nagem en t  by  s t r eam l in ing  i nv o i ce  
p r oc ess in g  a nd  a cce le r a t i n g  paym en t  cyc le s .  Add i t i ona l l y ,  e - i nv o i c ing  enab les  
i ns t a n t  de l i ve r y  t o  c l i e n t s ,  wh ich  r e duces  t he  ga p  be t we en  i nvo i ce  i ssu ance  a nd  
pay m en t  r ece i p t ,  a l l o w ing  bu s ines ses  t o  m anag e  t he i r  accou n t s  r ece i va b le  be t t e r  
and  m a in t a in  a  s t eady  c ash  f l ow .  M or eove r ,  r ea l - t im e  t r ack in g  t oo l s  in  e - i nvo i c ing  
Report Trends sys t em s  g i ve  com pan ies  v i s i b i l i t y  i n t o  e ach  i nvo i c e ' s  s t a t us ,  m ak ing  i t  eas ie r  t o  
i den t i f y  de la ys ,  send  r em ind e r s ,  and  a n t i c i p a t e  ca sh  i n f l ows ,  t hus  e sca la t i ng  t he  e -
i nvo i c ing  dem and .  T h i s  cap ab i l i t y  i s  espe c ia l l y  va lu ab le  f o r  sm a l l  a nd  m ed iu m - s iz ed  
en t e r p r i s es ,  wh e r e  cas h  f l ow  i s  o f t en  c r i t i ca l  t o  s us t a in ing  ope r a t i on s  a nd  g r ow t h .  E -
i nvo i c ing ' s  e f f i c i ency  r educ es  t he  a dm in i s t r a t i v e  bu r d en  o f  m an ua l  i nvo i c ing  a nd  
he lps  co m pa n ies  r ed uce  l a t e  pa ym en t s  and  as soc ia t ed  co l l ec t i on  cos t s .  As  a  r esu l t ,  
bus in esses  can  a l l oc a t e  r esou r c es  m or e  e f f e c t i ve l y ,  f o cus ing  on  g r ow t h  and  
s t r a t eg i c  i n i t i a t i ves  i ns t e ad  o f  m an ag in g  cas h  f l o w  cha l l enges .
Technologica l  Advancements:
The  e - i nvo i c in g  m ar k e t  t r e nds  i nd i ca t e  t h a t  t he  r i s i ng  adva ncem en t s  i n  c l oud - bas ed  
so lu t i ons  and  a cco un t i ng  so f t wa r e  i n t eg r a t i on s  hav e  m ade  e - i nvo i c ing  s im p le r  t o  
adop t  an d  use ,  t r a ns f o r m in g  ho w bus inesse s  ha nd le  t he i r  i nvo i c in g  p r oces ses .  
Add i t i ona l l y ,  c l oud  techno logy  a l lows  compan ies  to  m anage  invo i ces  d ig i t a l l y  f r om 
any  l oca t ion ,  suppor t i ng  remot e  work  and enhanc ing  access ib i l i t y  f o r  t eams 
hand l i ng  f i nanc ia l  ope ra t ions .  Moreover ,  t he  seamless  in t egra t i on  o f  e - invo ic ing  
p la t fo rms  w i t h  ex is t i ng  account ing  so f t ware  enab les  rea l - t ime  da ta  
synch ron iza t i on ,  reduc ing  e r ro rs  and  ensu r ing  a l l  r eco rds  a re  accura te  and  up- to -
da te .  Bes ides ,  au tomat ion  f ea tu res  s t r eaml ine  tasks  l i ke  i nvo ice  genera t i on ,  
de l i ve ry ,  and  paymen t  t r ack ing ,  m in im iz ing  m anua l  in te rven t ion  and  reduc ing  the  
r i sk  o f  human e r ro r .  These  techno log i ca l  improvemen ts  make e- invo ic ing  
Report Trends so lu t ions  sca lab le  and  cos t -e f fec t i ve ,  su i t ab le  f o r  bus inesses  o f  a l l  s i zes .  As  techno logy  con t inues  t o  evo lve ,  e - invo ic ing  i s  l i ke ly  t o  become even  more  user -
f r i end ly  and  power f u l ,  d r i v i ng  b roader  adop t ion  ac ross  i ndus t r ies .
Ris ing Consumer Demand for Faster  Transact ions:
I n  t oday ' s  f as t -paced marke t ,  consumers  i nc reas ing ly  expec t  qu icke r ,  more  
e f f i c ien t  serv ice ,  and  e- invo ic ing  addresses  th is  demand by  enab l ing  immedia te  
invo ice  de l i ver y  and rap id  payment  p rocess ing .  Add i t i ona l l y ,  w i th  e - i nvo i c i ng ,  
i nvo ices  can  be  sen t  t o  cus t omers  ins t an t l y  a f te r  a  t r ansac t ion  i s  comple t ed ,  
e l im ina t ing  t he  de lays  o f t en  assoc ia ted  w i t h  pos ta l  i nvo ic ing .  Th i s  speed  
enhances  cus tomer  exper i ence ,  as  c l i en ts  app rec ia te  t he  ease  and  p rompt ness  o f  
d ig i t a l  t ransac t i ons .  Moreover ,  e - invo ic ing  suppor t s  va r i ous  d ig i t a l  paym en t  
met hods ,  a l low ing  cus tomers  to  pay  invo ices  immedia t e ly ,  wh ich  i s  f u r t he r  d r i v ing  
the  e - invo ic ing  marke t  s i ze .  
For  bus inesses,  meet ing  customer expectat ions  for  fas t  serv ice  is  
essent ia l  fo r  ma inta in ing sat is fac t ion and loya l ty ,  and e- invo ic ing of fers  
a  c lear  advantage in  th is  regard.  The sh i f t  toward  d ig i ta l ,  immediate  
t ransact ions  is  a lso  a l igned wi th  the broader  t rend o f  increas ing  d ig i ta l  
payment  adopt ion,  mak ing e- invo ic ing  a va luab le  too l  for  compan ies  
a iming  to  s tay  compet i t i ve  and respons ive in  a  consumer-dr iven market .
Report Trends View Report  TOC,  F igures and Tables :  
ht tps: / /www.imarcgroup.com/e- invoic ing-market
Breakup by Channel:
• B2B
• B2C
• Others
 
Breakup by Deployment Type:
Report • Cloud-based
• On-premises
Segmentation
Breakup by Application:
• Energy and Uti l i t ies
• FMCG
• E-Commerce
• BFSI
• Government
• Others
Breakup by Region:
• North America
• Asia-Pacifi c
Report 
• Europe
Segmentation • Latin America
• Middle East and Afr ica
• Araize Inc.
• Basware Oyj
• Brightpearl
• Cegedim (FCB SAS)
Competitive 
• Comarch SA
Landscape • Coupa Software Incorporated
with Key • International  Business Machines 
Corporation
Players • Nipendo Ltd.
• Paysimple Inc.  (EverCommerce)
• SAP Ariba (SAP SE)
• The Sage Group Plc
What was the size of the global e-invoicing market in 
2023?
What is the expected growth rate of the global e-
invoicing market during 2024-2032?
What are the key factors driving the global e-invoicing 
market?
Key 
What has been the impact of COVID-19 on the global e-
invoicing market?
Questions 
What is the breakup of the global e-invoicing market 
Answered in based on the channel?
the Report What is the breakup of the global e-invoicing market based on the deployment type?
What is the breakup of the global e-invoicing market 
based on the application?
What are the key regions in the global e-invoicing 
market?
Who are the key players/companies in the global e-
invoicing market?
1     P r e f a c e
2    S c o p e  a n d  M e t h o d o l o g y  
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y3    E x e c u t i v e  S u m m a r y
4    I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5    G l o b a l  E - I n v o i c i n g  M a r k e t    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6    M a r k e t  B r e a k u p  b y  C h a n n e l
    6 . 1     B 2 B
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     B 2 C
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     O t h e r s
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  D e p l o y m e n t  T y p e
       
    7 . 1     C l o u d - b a s e d
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     O n - p r e m i s e s
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     E n e r g y  a n d  U t i l i t i e s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     F M C G
        8 . 2 . 1  M a r k e t  T r e n d s
Table of         8 . 2 . 2  M a r k e t  F o r e c a s t    8 . 3     E - C o m m e r c e
        8 . 3 . 1  M a r k e t  T r e n d s
Contents         8 . 3 . 2  M a r k e t  F o r e c a s t    8 . 4     B F S I
        8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t
    8 . 5     G o v e r n m e n t
        8 . 5 . 1  M a r k e t  T r e n d s
        8 . 5 . 2  M a r k e t  F o r e c a s t
    8 . 6     O t h e r s
        8 . 6 . 1  M a r k e t  T r e n d s
        8 . 6 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  R e g i o n
    9 . 1     N o r t h  A m e r i c a
        9 . 1 . 1  U n i t e d  S t a t e s
           9 . 1 . 1 . 1  M a r k e t  T r e n d s
           9 . 1 . 1 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / e - i n v o i c i n g - m a r ke t / t o c
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