The global e-Invoicing market is growing with the rising adoption of these solutions in segments such as business-to-business (B2B), business-to-customer (B2C), and business-to-government. E-Invoicing refers to the electronic generation of invoice as well as exchange of this e-invoice between buyers and suppliers. Various countries define e-Invoicing differently as per the regulations and nature of businesses prevalent in these countries. The e-Invoicing market is segmented on the basis of type and end user. Based on type, the market is segmented into cloud and on-premises. Further, the market based on end user is segmented into B2B, B2C, and others.
The Europe E-Invoicing Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The Business Market Insights subscription helps clients understand the ongoing market trends, identify opportunities, and make informed decisions through the reports in the Subscription Platform. The Industry reports available in the subscription provide an in-depth analysis on various market topics and enable clients to line up remunerative opportunities. The reports provide the market size & forecast, drivers, challenges, trends, and more.
Request a FREE Sample Copy of this report @
Market Overview and Dynamics
The Europe e-Invoicing market is expected to reach US$ 4,217.6 Mn by 2027 from US$ 1,241.7 Mn in 2019; it is estimated to grow at a CAGR of 17.1% from 2020 to 2027. Factors driving the market growth in this region include the with adoption of e-invoicing, businesses can save substantial costs related to in Invoicing generation and transmission to end customers. The automation of Invoicing process through e-Invoicing strategically and operationally benefits the buyers, suppliers, and managers. A few of their benefits include reduced costs, increased accuracy, faster payments, enhanced productivity, eco-friendliness, improved cash management, and improved compliance.
Key Market Segments
In terms of deployment model, the cloud segment accounted for a larger share of the Europe e-Invoicing market in 2019. Further, the B2C segment held the largest share of the market, based on end user, in 2019.
These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Europe E-Invoicing Market in the market.
Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.
Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.
EUROPE E-INVOICINGMARKET SEGMENTATION
By End User
- Rest of Europe
- Basware Corporation
- Cegedim SA
- Comarch SA
- Coupa Software Inc.
- IBM Corporation
- SAP SE
- The Sage Group plc
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the e-Invoicing market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Basware Corporation, Cegedim SA, Comarch SA, and Coupa Software Inc.
Business Market Insights provides affordable subscription with pay as per requirement @
(30-day subscription plans prove to be very cost-effective with no compromise on the quality of reports)
Benefits with Business Market Insights
- One Stop Platform to All the Market Insight Needs
- Avoid Long Purchase Procedures
- Fast and Easy Access
- Cloud-Based Platform
- News Updates
- Ask the Analyst Support
- Pay Monthly Subscription and Access All You Want
- No Compulsion for Yearly Subscription
- Reports Read or Download Access
- Monthly New Reports Added
- Affordable Product, Pay as Per Requirement
About Business Market Insights
Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.
For Subscription contact
Business Market Insights