Europe E-Invoicing Market is Anticipated to Record the Rapid Growth and Prominent Players Analysis | Cegedim SA, Comarch SA, Coupa Software Inc., IBM Corporation, SAP SE and More
iCrowd Newswire
29 Jun 2021, 07:09 GMT+10
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.
The
Europe 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 bas
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