United States E-Invoicing Market by Product Type, Distribution Channel, End User 2024-2032
                     United States E-
Invoicing Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t he  l a t e s t  r epo r t  b y  I M ARC  G r oup ,  t i t l ed  " Un i t ed  S t a t es  E - I n vo i c i ng  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 4 -
2032 , "  t he  Un i t e d  S t a t es  e - i n vo i c in g  m ar k e t  s i ze  r each ed  US$  3 , 356 . 0  M i l l i on  i n  
2023 .
E - inv o i c ing ,  sho r t  f o r  e lec t r on i c  i nvo i c ing ,  i s  a  d ig i t a l  m e t h od  o f  c r ea t i ng ,  
Report t r an sm i t t i ng ,  and  r ec e i v ing  i nv o i ces  be t ween  bus inesse s  a nd  t h e i r  c l i en t s  o r  
sup p l i e r s .  I t  s t r e am l ine s  t he  i nv o i c ing  p r oc es s  by  e l im ina t i ng  pap e r - ba sed  
Highlight and doc um en t s  a nd  m anu a l  da t a  en t r y ,  a l l ow ing  f o r  f a s t e r ,  m or e  ac cu r a t e ,  an d  m or e  e f f i c i en t  t r ans ac t i o ns .  
I n  an  e - i nvo i c in g  sys t e m ,  i nv o i ces  a r e  gen er a t e d  e lec t r on i ca l l y  i n  a  s t and a r d i z ed  
Description f o r m a t ,  wh i ch  can  be  ea s i l y  i n t eg r a t ed  i n t o  acc oun t i n g  so f t wa r e  o r  en t e r p r i se  
r eso u r ce  p lann ing  ( ERP)  sys t e m s .  Th i s  s t anda r d i za t i on  ens u r es  cons i s t en cy  i n  
i nvo i c ing  p r ac t i ces  ac r oss  d i f f e r en t  bu s ines ses  and  i ndus t r i es ,  r e duc ing  e r r o r s  a nd  
f ac i l i t a t i ng  sea m less  com m un ica t i on  be t ween  t r ad ing  p a r t n e r s .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / un i t ed - s t a t es - e - i n vo i c in g - m a r ke t / r equ es t sa m p l e
Report Description
U n i t e d  S t a t e s  E - I n v o i c i n g  M a r k e t  T r e n d s :
B u s i n e s s e s  a r e  i n c r e a s i n g l y  t u r n i n g  t o  e - i n v o i c i n g  t o  s t r e a m l i n e  t h e i r  i n v o i c i n g  p r o c e s s e s ,  r e d u c e  o p e r a t i o n a l  c o s t s ,  a n d  i m p r o v e  e f f i c i e n c y .  B y  
e l i m i n a t i n g  m a n u a l  p r o c e s s e s  a s s o c i a t e d  w i t h  p a p e r - b a s e d  i n v o i c i n g ,  e - i n v o i c i n g  e n a b l e s  a u t o m a t i o n ,  f a s t e r  p r o c e s s i n g  t i m e s ,  a n d  r e d u c e d  
e r r o r s ,  r e s u l t i n g  i n  c o s t  s a v i n g s  a n d  p r o d u c t i v i t y  g a i n s  f o r  o r g a n i z a t i o n s .  A d d i t i o n a l l y ,  t h e  d i g i t a l  t r a n s f o r m a t i o n  o f  b u s i n e s s e s  a c r o s s  v a r i o u s  
i n d u s t r i e s  i s  f u e l i n g  t h e  a d o p t i o n  o f  e - i n v o i c i n g  s o l u t i o n s .  A d v a n c e s  i n  t e c h n o l o g y ,  s u c h  a s  c l o u d  c o m p u t i n g ,  a r t i f i c i a l  i n t e l l i g e n c e  ( A I ) ,  a n d  
b l o c k c h a i n ,  a r e  m a k i n g  e - i n v o i c i n g  m o r e  a c c e s s i b l e ,  s c a l a b l e ,  a n d  s e c u r e ,  d r i v i n g  i t s  a d o p t i o n  a m o n g  b u s i n e s s e s  o f  a l l  s i z e s .  O t h e r  t h a n  t h i s ,  
t h e  g l o b a l i z a t i o n  o f  s u p p l y  c h a i n s  a n d  t h e  i n c r e a s i n g  c o m p l e x i t y  o f  b u s i n e s s  t r a n s a c t i o n s  a r e  d r i v i n g  t h e  n e e d  f o r  s e a m l e s s  i n t e g r a t i o n  a n d  
i n t e r o p e r a b i l i t y  b e t w e e n  t r a d i n g  p a r t n e r s .  E - i n v o i c i n g  f a c i l i t a t e s  e l e c t r o n i c  c o m m u n i c a t i o n  a n d  c o l l a b o r a t i o n  b e t w e e n  b u y e r s  a n d  s u p p l i e r s ,  
e n a b l i n g  f a s t e r  i n v o i c e  p r o c e s s i n g ,  b e t t e r  v i s i b i l i t y  i n t o  f i n a n c i a l  t r a n s a c t i o n s ,  a n d  i m p r o v e d  s u p p l y  c h a i n  e f f i c i e n c y .  B e s i d e s  t h i s ,  g r o w i n g  
a w a r e n e s s  a b o u t  e n v i r o n m e n t a l  i s s u e s  a n d  t h e  n e e d  f o r  s u s t a i n a b l e  b u s i n e s s  p r a c t i c e s  a r e  d r i v i n g  b u s i n e s s e s  t o  a d o p t  e - i n v o i c i n g  a s  a  m e a n s  
o f  r e d u c i n g  p a p e r  c o n s u m p t i o n  a n d  c a r b o n  e m i s s i o n s  a s s o c i a t e d  w i t h  t r a d i t i o n a l  p a p e r - b a s e d  i n v o i c i n g .  E - i n v o i c i n g  s u p p o r t s  c o r p o r a t e  
s u s t a i n a b i l i t y  g o a l s  b y  p r o m o t i n g  d i g i t a l i z a t i o n  a n d  r e d u c i n g  t h e  e n v i r o n m e n t a l  i m p a c t  o f  i n v o i c i n g  p r o c e s s e s .  I n  l i n e  w i t h  t h i s ,  w i t h  t h e  
i n c r e a s i n g  p r e v a l e n c e  o f  c y b e r  t h r e a t s  a n d  f r a u d  i n  f i n a n c i a l  t r a n s a c t i o n s ,  b u s i n e s s e s  a r e  p r i o r i t i z i n g  s e c u r i t y  a n d  c o m p l i a n c e  i n  t h e i r  i n v o i c i n g  
p r o c e s s e s .  E - i n v o i c i n g  s o l u t i o n s  o f f e r  a d v a n c e d  s e c u r i t y  f e a t u r e s  s u c h  a s  e n c r y p t i o n ,  d i g i t a l  s i g n a t u r e s ,  a n d  s e c u r e  t r a n s m i s s i o n  p r o t o c o l s ,  
h e l p i n g  b u s i n e s s e s  p r o t e c t  s e n s i t i v e  f i n a n c i a l  d a t a  a n d  m i t i g a t e  t h e  r i s k  o f  f r a u d  a n d  c y b e r - a t t a c k s .  T h e  r e p o r t  s e g m e n t e d  t h e  m a r k e t  o n  t h e  
b a s i s  o f  c h a n n e l ,  d e p l o y m e n t  t y p e  a n d  a p p l i c a t i o n .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / u n i t e d - s t a t e s - e - i n v o i c i n g - m a r k e t
Breakup by Channel:
• B2B
• B2C
• Others
 
Breakup by Deployment Type:
Report • Cloud-based
Segmentation • On-premises
Breakup by Application:
• Energy and Ut i l i t ies
• FMCG
• E-Commerce
• BFSI
• Government
• Others
Breakup by Region:
• Northeast
Report • Midwest
• South
Segmentation
• West 
How big is the United States e-invoicing market?
What is the expected growth rate of the United 
States e-invoicing market during 2024-2032?
What are the key factors driving the United States 
Key e-invoicing market?
Questions What has been the impact of COVID-19 on the 
United States e-invoicing market?
Answered in 
What is the breakup of the United States e-
the Report invoicing market based on the channel?
What is the breakup of the United States e-
invoicing market based on the deployment type?
What is the breakup of the United States e-
invoicing market based on the application?
What are the key regions in the United States 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 y
3     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     U n i t e d  S t a t e s  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
Table of     8 . 2     F M C G        8 . 2 . 1  M a r k e t  T r e n d s
        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
Contents         8 . 3 . 1  M a r k e t  T r e n d s        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 e a s t
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 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 / u n i t e d - s t a t e s - e - i n v o i c i n g - m a r ke t / t
o c
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