According to our latest market study on “E-invoicing Market to 2027-COVID-19 Impact and Global Analysis by Type (Cloud and On-Premise); End-User (B2B, B2C, and Others); and Geography,” the market was valued at US$ 4.84 billion in 2019 and is projected to reach US$ 15.50 billion by 2027; it is expected to grow at a CAGR of 16.2% from 2020 to 2027.
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Impact of COVID-19 on E-Invoicing market
According to latest situation report (26th April 2020) from World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are among the worst-affected countries due to COVID-19 outbreak. The outbreak began in China in December 2019, and since then, it has spread at a fast pace around the globe. As per the latest WHO figures, there are ~2.8 million confirmed COVID-19 cases globally with ~194,000 total deaths. The global factory shutdowns, travel bans, and border lockdowns to combat and contain the outbreak have impacted every industry and economy worldwide. The technology, media, and communications sector is one of the major sectors sufferin
g serious disruptions due to this pandemic. Technology events and industry meet cancellations, factory and office shutdowns, and reduced business activities are among the major effects faced by the sector. The global travel bans imposed by countries in Europe, Asia Pacific, North America, and others are affecting the business collaborations and partnerships opportunities across industries. All these factors are anticipated to negatively impact the growth of the global e-invoicing market, especially in 2020 and 2021, depending on the duration of the outbreak.
Firstly, the E-invoicing Market Report provides a basic overview of the industry including definitions, classifications, applications and chain structure. The Global E-invoicing Market report focuses on successful leading players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream demand analysis is also carried out in this research.
The Major Players Reported in the Market Include:
1. Adobe Inc.,
2. Cegedim SA
3. Comarch SA
4. Coupa Software Inc.
5. IBM Corporation
6. Nipendo Ltd.
7. SAP SE
8. The Sage Group Plc
9. Tradeshift
10. Transcepta LLC
Key Questions responded in the report:
1. What will be the growth rate of E-invoicing market in the year 2027?
2. What are the major drivers responsible for the growth of the market?
3. Which companies are the leading manufacturers of E-invoicing market?
4. What are the opportunities that can affect the growth of the market?
5. Which type of segment has the highest market share?
6. Which geographical region is growing at a higher CAGR in the near future?
THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
• The report provides qualitative and quantitative trends of global E-invoicing across type, deployment, organization size, end-user, and geography.
• The report starts with the key takeaways (chapter two), highlighting the key trends and outlook of the global E-invoicing .
• Chapter three provides the research methodology of the study.
• Chapter four further provides ecosystem analysis along with PEST analysis for each region.
• Chapter five highlights the key industry dynamics in the E-invoicing, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
• Chapter six discusses the global E-invoicing scenario, in terms of historical market revenues, and forecast till the year 2027.
• Chapter seven to eleven discuss E-invoicing segments by type, deployment, organization size, end-user, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth.
• Chapter twelve describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape.
• Chapter thirteen provides the detailed profiles of the key companies operating in the global E-invoicing . The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments.
• Chapter fourteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.
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This release was published on openPR.
