e-Invoicing Market: By Type (Cloud-Based, On-Premises) By End-User (Energy, FMCG, Finance, E-Commerce, Express Services, Others), and Geography  

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e-Invoicing Market size was valued at USD 8,205.9 million in 2022 and is expected to reach USD 26,766.4 million by 2029, at a CAGR of 18.4% from 2023 - 2029.  Rising enforcement criteria relevant to E-Invoicing and initiatives by the government to improve e-invoicing adoption are the key drivers boosting the global e-invoicing market. There are restrains that 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 boosts 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, the global e-invoicing market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. 

E Invoicing Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

18.4%

Largest Market

North-America

Fastest Growing Market

North-America
e-Invoicing Market Dynamics

It is noticed that the global market has a significant market growth rate on the perspective of digital transformation trends 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

E Invoicing Market Segmentation

By Type
  • Cloud-Based
  • On-Premises
By End User
  • Energy
  • FMCG
  • Finance
  • E-Commerce
  • Express Services
  • Others
By Geography
  • North America
  • Asia Pacific
  • Europe
  • Latin America

Frequently Asked Questions

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

The e-invoicing market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
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,2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1. Cloud-Based
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1. Oil & Gas
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2023 - 2029
8. North America e-Invoicing MarketAnalysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029by 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, 2023 - 2029
8.5. North America e-Invoicing Market Dynamics Trends
9. Europe e-Invoicing Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. By Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029
9.5. Europe e-Invoicing Market Dynamics Trends
10. Asia-Pacific e-Invoicing Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. By Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 Analysis2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029
10.5. Asia-Pacific e-Invoicing Market Dynamics Trends
11. Latin America e-Invoicing Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. By Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029
11.5. Latin America e-Invoicing Market Dynamics Trends
12. Middle East and Africa e-Invoicing Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
12.1. By Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3. End-User Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029
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
  • Basware Corporation
  • Cegedim SA
  • Comarch SA
  • Coupa Software Inc.
  • IBM Corporation
  • Nipendo Ltd.
  • SAP SE
  • The Sage Group plc
  • Trade shift
  • Transcepta LLC

Adjacent Markets