- Cloud-Based
- On-Premises
e-Invoicing Market size was valued at USD 8,205.9 million in 2021 and is expected to reach USD 26,766.4 million by 2028, at a CAGR of 18.4% during the forecast period 2022 to 2028. Rising enforcement criteria relevant to E-Invoicing and initiatives by government to improve e-invoicing adoption are the key drivers boosting the global e-invoicing market. There are restrains which hung the global market growth issues hindering e-Invoicing mass adoption and unawareness. Cloud-based Solutions open up multiple opportunities as 90% of companies are on the cloud which boost the global e-invoicing market. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global e-invoicing market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities)..
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
It is noticed that the global market has a significant market growth rate on the perspective of digital transformation trend across industries. Effective digital transformation includes investments that drive business value in technology, people and processes. This includes funding, including cloud, cybersecurity and customer service, for vital programmes that support the digital enterprise. Success also needs efficient cloud-based asset governance and consistent insight into the cost of cloud services. Digital Around the World. Roughly 4.66 billion people around the world now use the internet that’s close to 60 percent of the world’s total population
The e-invoicing market is projected to expand at a CAGR of 18.4% during the forecast period
Herzog, Cobra Braids, NIEHOFF Schwabach, Spirka Schnellflechter, Mayer Industries
North America is the fastest-growing region in the e-invoicing market
1. Executive Summary |
2. Global e-Invoicing Market Introduction |
2.1. Global e-Invoicing Market – Taxonomy |
2.2. Global e-Invoicing Market –Definitions |
2.2.1. Type |
2.2.2. End-User |
3. Global e-Invoicing Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global e-Invoicing Market Dynamic Factors - Impact Analysis |
3.6. Global e-Invoicing Market – Competition Landscape |
4. Global e-Invoicing Market Analysis,2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis,2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global e-Invoicing Market, By Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1. Cloud-Based |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. On-Premises |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global e-Invoicing Market, By End-User, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1. Oil & Gas |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Energy |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. FMCG |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Finance |
6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. E-Commerce |
6.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Express Services |
6.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Others |
6.7.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
7. Global e-Invoicing Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global e-Invoicing Market - Opportunity Analysis Index, By Type, End-User and Region, 2022 - 2028 |
8. North America e-Invoicing MarketAnalysis,2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
8.1. Type Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Cloud-Based |
8.1.2. On-Premises |
8.2. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Oil & Gas |
8.2.2. Energy |
8.2.3. FMCG |
8.2.4. Finance |
8.2.5. E-Commerce |
8.2.6. Express Services |
8.2.7. Others |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America e-Invoicing Market - Opportunity Analysis Index, By Type, End-User, and Country, 2022 - 2028 |
8.5. North America e-Invoicing Market Dynamics – Trends |
9. Europe e-Invoicing Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
9.1. By Type Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Cloud-Based |
9.1.2. On-Premises |
9.2. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Oil & Gas |
9.2.2. Energy |
9.2.3. FMCG |
9.2.4. Finance |
9.2.5. E-Commerce |
9.2.6. Express Services |
9.2.7. Others |
9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Russia |
9.3.7. Poland |
9.3.8. Rest of Europe |
9.4. Europe e-Invoicing Market - Opportunity Analysis Index, By Type, End-User, and Country, 2022 - 2028 |
9.5. Europe e-Invoicing Market Dynamics – Trends |
10. Asia-Pacific e-Invoicing Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
10.1. By Type Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Cloud-Based |
10.1.2. On-Premises |
10.2. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Oil & Gas |
10.2.2. Energy |
10.2.3. FMCG |
10.2.4. Finance |
10.2.5. E-Commerce |
10.2.6. Express Services |
10.2.7. Others |
10.3. Country Analysis2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific e-Invoicing Market - Opportunity Analysis Index, By Type, End-User, and Country, 2022 - 2028 |
10.5. Asia-Pacific e-Invoicing Market Dynamics – Trends |
11. Latin America e-Invoicing Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
11.1. By Type Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Cloud-Based |
11.1.2. On-Premises |
11.2. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Oil & Gas |
11.2.2. Energy |
11.2.3. FMCG |
11.2.4. Finance |
11.2.5. E-Commerce |
11.2.6. Express Services |
11.2.7. Others |
11.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America e-Invoicing Market - Opportunity Analysis Index, By Type, End-User, and Country, 2022 - 2028 |
11.5. Latin America e-Invoicing Market Dynamics – Trends |
12. Middle East and Africa e-Invoicing Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
12.1. By Type Analysis 2017 - 2021 and Forecast 2022 - 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Cloud-Based |
12.1.2. On-Premises |
12.2. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3. End-User Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Oil & Gas |
12.3.2. Energy |
12.3.3. FMCG |
12.3.4. Finance |
12.3.5. E-Commerce |
12.3.6. Express Services |
12.3.7. Others |
12.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Gulf Cooperation Council (GCC) Countries |
12.4.2. Israel |
12.4.3. South Africa |
12.4.4. Rest of MEA |
12.5. MEA e-Invoicing Market - Opportunity Analysis Index, By Type, End-User, and Country, 2022 - 2028 |
12.6. MEA e-Invoicing Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Technology & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Basware |
13.2.2. Enerpact, LLC |
13.2.3. SY by Cegedim |
13.2.4. Comarch SA. |
13.2.5. Coupa Software Inc. |
13.2.6. IBM Corporation |
13.2.7. Nipendo Ltd |
13.2.8. SAP SE |
13.2.9. Sage Group plc |
13.2.10. Tradeshift Holdings, Inc. |
13.2.11. Transcepta LLC. |
14. Research Methodology |
15. Key Assumptions and Acronyms |