E-Invoicing Market Overview:

This  E-Invoicing Market study looks at current and emerging industry trends and dynamics in the global  E-Invoicing market.  E-Invoicing Extensive market forecasting for the major market segments is carried out between 2023 and 2029. Extensive  E-Invoicing market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide  E-Invoicing market, key players are profiled and their strategies are thoroughly evaluated.

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E-Invoicing Market Scope:

Significant growth in the e-commerce industry is one of the key factors creating a positive outlook for the market. In addition, widespread adoption of advanced information technology (IT) solutions across the banking, financial services and insurance (BFSI), energy, telecommunications, and retail enterprises, is likewise driving the market development. In accordance with this, item sellers are likewise offering adaptable e-invoicing solutions to support the frequently changing operational patterns.

Different mechanical headways, for example, the improvement of web and programming-based invoicing applications that can be incorporated with the cloud, artificial intelligence (AI), Internet of Things (IoT), and predictive analytics tools, are contributing to the market growth. However, the threat of cyber-attacks, as well as data privacy, are the major challenges faced by this market.

E-Invoicing Market Segmentation:

by Type

• Cloud-based
• On-Premises

by End User

• Finance
• FMCG
• Energy
• Others

by Channel

• B2B
• B2C
• Others

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E-Invoicing Market Key Players:

The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market

potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of

• Comarch
• IBM
• Zoho Corporation Pvt. Ltd.
• Xero
• Intuit
• Brightpearl
• Sage Group
• FinancialForce
• Tipalti Solutions Ltd.
• PaySimple
• Acclivity Group LLC
• KashFlow Software
• Araize, Inc.
• Mercury Systems, Inc.
• Norming Software
• YAT Software
• SAP
• FreshBooks
• Ipayables
• Coupa Software Inc.,
• Zervant
• Basware

COVID-19 Impact Analysis on  E-Invoicing Market:

The COVID-19 epidemic has had a significant impact on the global  E-Invoicing industry.  E-Invoicing Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the  E-Invoicing market to decelerate in 2020. The negative impact of COVID-19 on the  E-Invoicing market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for  E-Invoicing .

Key Questions Answered in the  E-Invoicing Market Report are:

• Which segment was responsible for the largest share in the  E-Invoicing market?
• How was the competitive scenario of the  E-Invoicing market in 2020?
• Which are the key factors responsible for the  E-Invoicing market growth?
• Which region held the maximum share in the  E-Invoicing market in 2020?

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