Published by IMARC Services Private Limited
Posted on October 7, 2021
According to IMARC Group’s latest report, titled “E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e-invoicing market reached a value of US$ 6.6 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Electronic invoicing, or e-invoicing, refers to the generation of electronic bills through a digital platform. It primarily involves purchase orders, debit and credit notes, and remittance vouchers, which can be directed through several smart devices, such as smartphones, tablets and laptops. E-invoicing can also be deployed using cloud and on-premises solutions for better accuracy, reduced delays in payments, faster invoice-processing time and transparency. It aids in tracking business transactions and minimizing overhead costs pertaining to system designing, customization, training, implementation, and maintenance.
Request Free Sample Report: https://www.imarcgroup.com/e-invoicing-market/requestsample
Market Trends
The thriving e-commerce sector, along with the widespread adoption of advanced information technology (IT) solutions across various industries, is primarily driving the market for e-invoicing. Furthermore, several key players are offering flexible e-invoicing solutions in accordance with the frequently changing operational patterns, thereby augmenting the market growth. Apart from this, the emergence of the web- and software-based invoicing solutions that can be integrated with the cloud, Internet of Things (IoT), artificial intelligence (AI) and predictive analytics tools is further bolstering the global market. Additionally, the advent of blockchain technology that provides document digitalization for efficient processing and compliance requirements is expected to propel the market for e-invoicing in the coming years.
List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of channel, deployment type, application and geography.
Breakup by Channel:
Breakup by Deployment Type:
Breakup by Application:
Breakup by Geography:
Ask Analyst for Customization and Download full Report with TOC & List of Figure: https://www.imarcgroup.com/e-invoicing-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Payroll Outsourcing Market Report
Project Portfolio Management Market Report
BPO Business Analytics Market Report
Business Analytics Market Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
According to IMARC Group’s latest report, titled “E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e-invoicing market reached a value of US$ 6.6 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Electronic invoicing, or e-invoicing, refers to the generation of electronic bills through a digital platform. It primarily involves purchase orders, debit and credit notes, and remittance vouchers, which can be directed through several smart devices, such as smartphones, tablets and laptops. E-invoicing can also be deployed using cloud and on-premises solutions for better accuracy, reduced delays in payments, faster invoice-processing time and transparency. It aids in tracking business transactions and minimizing overhead costs pertaining to system designing, customization, training, implementation, and maintenance.
Request Free Sample Report: https://www.imarcgroup.com/e-invoicing-market/requestsample
Market Trends
The thriving e-commerce sector, along with the widespread adoption of advanced information technology (IT) solutions across various industries, is primarily driving the market for e-invoicing. Furthermore, several key players are offering flexible e-invoicing solutions in accordance with the frequently changing operational patterns, thereby augmenting the market growth. Apart from this, the emergence of the web- and software-based invoicing solutions that can be integrated with the cloud, Internet of Things (IoT), artificial intelligence (AI) and predictive analytics tools is further bolstering the global market. Additionally, the advent of blockchain technology that provides document digitalization for efficient processing and compliance requirements is expected to propel the market for e-invoicing in the coming years.
List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of channel, deployment type, application and geography.
Breakup by Channel:
Breakup by Deployment Type:
Breakup by Application:
Breakup by Geography:
Ask Analyst for Customization and Download full Report with TOC & List of Figure: https://www.imarcgroup.com/e-invoicing-market
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Report by IMARC Group:
Payroll Outsourcing Market Report
Project Portfolio Management Market Report
BPO Business Analytics Market Report
Business Analytics Market Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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