Press release
E-Invoicing Market Worth US$ 35.9 Billion by 2028 at CAGR of 20.26% | IMARC Group
E-invoicing, alternatively known as electronic invoicing, refers to the system of electronic bill generation through a digital platform in a standardized format during an exchange of goods and services. In terms of deployment type, it can be categorized into cloud-based and on-premises solutions. E-invoicing processes are usually conducted through several smart devices, such as laptops, desktops, mobile phones, tablets, etc., and include purchase orders, credit and debit notes, and remittance vouchers specifying the terms and conditions of the payment. They offer faster invoice processing time, improved accuracy and data quality, reduced instances of delayed payments, convenient tracking of business transactions, etc. Consequently, e-invoicing methods are extensively utilized across numerous sectors, including energy and utilities, fast-moving consumer goods (FMCG), e-commerce, banking, financial services and insurance (BFSI), etc.
Request Free Sample Report: https://www.imarcgroup.com/e-invoicing-market/requestsample
Market Trends
The expanding e-commerce industry and the growing adoption of advanced information technology (IT) solutions among the energy, telecommunications, and retail industries are primarily driving the e-invoicing market. Additionally, the development of software and web-based invoicing applications that can be integrated with artificial intelligence (AI), internet of things (IoT), and predictive analytics tools is further stimulating the global market. Moreover, the elevating requirement for automating the electronic invoicing procedures to lower the overall operational costs is acting as another significant growth-inducing factor. Besides this, the increasing usage of blockchain technology to ensure the security of billing records and the emerging trend of document digitalization for efficient processing and compliance needs are anticipated to catalyze the e-invoicing market over the forecasted period.
Ask Analyst for Customization and Download full Report with TOC & List of Figure: https://www.imarcgroup.com/e-invoicing-market
List of Key Companies Covered in this Market Report:
Araize Inc.
Basware Oyj
Brightpearl
Cegedim (FCB SAS)
Comarch SA
Coupa Software Incorporated
International Business Machines Corporation
Nipendo Ltd.
Paysimple Inc. (EverCommerce)
SAP Ariba (SAP SE)
The Sage Group Plc.
The report has segmented the market on the basis of channel, deployment type, application and geography.
Breakup by Channel:
B2B
B2C
Others
Breakup by Deployment Type:
Cloud-based
On-premises
Breakup by Application:
Energy and Utilities
FMCG
E-Commerce
BFSI
Government
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-Invoicing Market Worth US$ 35.9 Billion by 2028 at CAGR of 20.26% | IMARC Group here
News-ID: 2973321 • Views: …
More Releases from IMARC Group
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Billion
Freight Trucking Market worth $2,732 billion to USD 4,457.4 Billion by 2031
Rise in use of telematics in automotive sector, expansion of the e-commerce industry, and surge in urbanization have boosted the growth of the global freight trucking market. The market across Asia-Pacific dominated in 2021, holding more than two-fifths of the market. The Covid-19 pandemic resulted in flight cancellation, implementation of quarantine measures, and trave bans, which disrupted the supply chain.
According to a new report published by Allied Market Research, titled,…
From $59.7 Billion to $153.9 Billion : Automotive Semiconductor Market Accelerat …
According to a new report published by Allied Market Research, titled, "Automotive Semiconductor Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by Vehicle Type, by Propulsion Type, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032."
The automotive semiconductor market was valued at $59.7 billion in 2022, and is estimated to reach $153.9 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032.
Asia-Pacific currently…
Ecotourism Market Forecast: $210.4 Billion in 2023 to $829.8 Billion by 2035
According to a new report published by Allied Market Research, titled, "Ecotourism Market Size, Share, Competitive Landscape and Trend Analysis Report, by Age group, by Traveler type, by Sales channel : Global Opportunity Analysis and Industry Forecast, 2024-2035". The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both…
Scleroderma Market Forecast: $2.38 Billion in 2024 to $4.1 Billion by 2033
The global scleroderma market reached US$ 2,384.73 million in 2024 and is expected to reach US$ 4,103.07 million by 2033, growing at a CAGR of 6.4% during the forecast period 2025-2033.
Scleroderma Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the…
From $105.52 Billion to $233.51 Billion : Motorcycle Market Expansion (2022-2031 …
According to a new report published by Allied Market Research, titled, "Motorcycle Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Propulsion Type, by Price Range : Global Opportunity Analysis and Industry Forecast, 2021-2031." The global motorcycle market size was valued at $105.52 billion in 2021, and is projected to reach $233.51 billion by 2031, registering a CAGR of 8.6% from 2022 to 2031.
𝐆𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞…
Proteomics Market Soars: From $23.7 Billion to $98 Billion by 2031
According to a new report published by Allied Market Research, titled, "Proteomics Market," The Proteomics Market Size was valued at $23,654.34 million in 2021, and is projected to reach $98,051.83 million by 2031, growing at a CAGR of 15.2% from 2022 to 2031.
Proteomics studies the interactions, functions, compositions, and structures of proteins and their cellular activities. Proteomics provides a better understanding of the structure and function of the organism than…
