The comprehensive Electronic-invoicing (e-invoicing) Market research report provides insight into a broad variety of things that impact the business. It helps to know where the target audience and current customers conduct their product/ service research. Also, the competitor your target audience looks to for information, more options, or to make a purchase. Trends in the industry, influencer who makes up the market and their challenges can also be studied via the report. Moreover, it gives idea about what influences purchases and conversions among the target audience. Market segmentation research of the winning Electronic-invoicing (e-invoicing) report allows to categorize target audience into different groups (or segments) based on specific and defining characteristics.
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Data Bridge Market Research analyses that the electronic-invoicing (e-invoicing) market will exhibit a CAGR of 25.40% for the forecast period of 2022-2029 and is expected to reach the market value of USD 6,014.71 million by 2029.
Significant growth in the e-commerce industry and increasing personal disposable income are some of the major factors accelerating the growth of the electronic-invoicing (e-invoicing) market in the forecast period of 2022-2029. Furthermore, widespread adoption of advanced information technology (IT) solutions across the banking, financial services and insurance (BFSI), energy, telecommunications and retail industries is propelling the market growth. Various technological advancements, such as the development of web and software-based invoicing applications that can be integrated with the cloud, artificial intelligence (AI), internet of things (IoT) and predictive analytics tools, and product vendors offering flexible e-invoicing solutions to support the frequently changing operational patterns are also expected to drive the growth of the electronic-invoicing (e-invoicing) market in the forecast period of 2022-2029. However, the need of substantial amount of resources in terms of manpower restrains the growth of electronic-invoicing (e-invoicing) market. Also, requirement of time and equipment will challenge market growth in the above mentioned forecast period.
The market was studied using several marketing methodologies such as Porter’s Five Forces Analysis, player positioning analysis, SWOT analysis, market share analysis, and value chain analysis in the Electronic-invoicing (e-invoicing) market study. The market dynamics and factors such as the threat of a Electronic-invoicing (e-invoicing) substitute, the threat of new entrants into the Electronic-invoicing (e-invoicing) market, buyer bargaining power, supplier bargaining power to Electronic-invoicing (e-invoicing) providing companies, and internal rivalry among Electronic-invoicing (e-invoicing) providers are analysed in Porter’s Five Forces analysis to provide the report’s readers with a detailed view of the current market dynamics.
This analysis assists report users in evaluating the Electronic-invoicing (e-invoicing) market based on various parameters such as economies of scale, switching costs, brand loyalty, existing distribution channels, capital investments, manufacturing rights & patents, government regulations, advertising impact, and consumer preference impact. This simplified data is expected to aid the industry’s key decision-makers in their decision-making process. Furthermore, this study answers the crucial question of whether or not new entrants should enter the Electronic-invoicing (e-invoicing) industry.
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Some of the features of Electronic-invoicing (e-invoicing) Market Report: Trends, Forecast, and Opportunity Analysis include:
- Market size estimates: Electronic-invoicing (e-invoicing) market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market Trends and Forecast by application.
- Segmentation analysis: Market size by various segments such as by Electronic-invoicing (e-invoicing) type, installation, range, component, service, application, and region.
- Regional analysis: Electronic-invoicing (e-invoicing) market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
- Growth opportunities: Analysis on growth opportunities in different applications and regions for Electronic-invoicing (e-invoicing) in the Electronic-invoicing (e-invoicing) market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for, Electronic-invoicing (e-invoicing) in the Electronic-invoicing (e-invoicing) market.
- Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
Leading Key Players Operating in the Electronic-invoicing (e-invoicing) Market Includes:
Some of the major players operating in the electronic-invoicing (e-invoicing) market are Cognizant, Dell Inc., Microsoft, Adobe, Marlabs Inc., Accenture, Capgemini, IBM, KELLTON TECH, Oracle, Google LLC, Hewlett Packard Enterprise Development LP, Apple Inc., Broadcom, PwC, Equinix, Inc., Deloitte, Cognex Corporation, SAP SE, and Siemens among others.
Key Market Segments:
- On the basis of type, the electronic-invoicing (e-invoicing) market is segmented into cloud and on premise.
- On the basis of end user, the electronic-invoicing (e-invoicing) market is segmented into business-to-business, business-to-consumer, and others.
- On the basis of application, the electronic-invoicing (e-invoicing) market is segmented into energy and utilities, fast-moving consumer goods, e-commerce, banking, financial services and insurance, government, others.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-electronic-invoicing-e-invoicing-market
Electronic-invoicing (e-invoicing) Market, By Region:
The countries covered in the Electronic-invoicing (e-invoicing) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the Electronic-invoicing (e-invoicing) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The report answers questions such as:
- How much revenue will the Electronic-invoicing (e-invoicing) market generate by the end of the forecast period?
- Which market segment is expected to have the maximum market share?
- What are the influencing factors and their impact on the Electronic-invoicing (e-invoicing) market?
- Which regions are currently contributing the maximum share of the overall Electronic-invoicing (e-invoicing) market?
- What indicators are likely to stimulate the Electronic-invoicing (e-invoicing) market?
- What are the main strategies of the major players in the Electronic-invoicing (e-invoicing) market to expand their geographic presence?
- What are the main advances in the Electronic-invoicing (e-invoicing) market?
- How do regulatory standards affect the Electronic-invoicing (e-invoicing) market?
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