E-invoicing Market Share - Statistics and Analysis 2023-2027
The market growth of e-invoicing is directly proportional to various aspects such as adherence to the regulatory guidelines for compliance and growing popularity of easier accessibility of mobile payment systems. Among various market segments, B2B segment will grow significantly during 2023-2027.
The e-invoicing market has potential to grow at a CAGR of 21.43% during the forecast period 2023-2027 according to the Technavio market report analysis. The e-invoicing market research statistic predicts market size growth by USD 15,330.37 million. This expected incremental growth momentum brings in a positive outlook for the market and the respective investors and they will further strengthen vendors’ position in the medical transcription market.
Our research analysts via the report provide some key market predictions via thorough data analysis. These predictions explain some major market drivers that are responsible for e-invoicing market share growth. One of these market drivers is the easy accessibility and convenience of mobile payment systems. In addition, there are some market challenges that may affect the market growth negatively. Abundance of cyber-attacks threats and the compromised data privacy might be the one among various challenges.
There are various market vendors working in the e-invoicing industry, some major ones are following:
- Basware Corp.
- Nipendo Ltd.
- Cegedim SA.
- Coupa Software Inc.
- PaySimple Inc.
- Esker SA.
- iPayables Inc.
- Kofax Inc.
- Comarch SA.
- International Business Machines Corp.
The given statistical data explains it all about market share growth precisely to cater your business needs. However, Technavio enables lifetime access to thousands of reports and market intelligence services along with the subscription having flexible and affordable plan rates.
