Due to the COVID-19 pandemic, the global Accounts Payable Automation market size is estimated to be worth USD 2006.4 million in 2022 and is forecast to a readjusted size of USD 3079.3 million by 2028 with a CAGR of 7.4 during the review period. PRE & POST COVID-19 Impact Covered in this research report.
“Final Report will add the analysis of the impact of COVID-19 on this Accounts Payable Automation industry.”
Global “Accounts Payable Automation Market” (2022-2028) Insight report covers the present situation and the development possibilities of the Accounts Payable Automation market. The examination report incorporates key market data identified with the present market size, share, key performing regions, driving brands present in the Accounts Payable Automation market space. The investigation done in this report is done both for area level just as worldwide level. In this way, the report is useful for peruses who are hoping to tap the territorial market or worldwide Accounts Payable Automation market.
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List Of TOP KEY PLAYERS in Accounts Payable Automation Market Report are –
- SAP Ariba
- Sage Software
- Tipalti
- FreshBooks
- Zycus
- FIS
- Bottomline Technologies
- Coupa Software
- Comarch
- FinancialForce
- AvidXchange
- Vanguard Systems
- Bill.Com
- Procurify
- Nvoicepay
COVID-19 Impact on Market:
The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market break down due to COVID-19 is also affecting the growth of thebaconmarket due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
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Competitive Landscape and Accounts Payable Automation Market Share Analysis:
Accounts Payable Automation market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2021. Details included are company description, major business, company total revenue and the sales, revenue generated in Accounts Payable Automation business, the date to enter into the Accounts Payable Automation market, Accounts Payable Automation product introduction, recent developments, etc.
About Accounts Payable Automation Market Insights:
Accounts Payable automation (AP Automation) refers to technology that is used to streamline and automate accounts payable processes, removing manual tasks and providing better visibility and control over important financial data.
Market Analysis and Insights: Global and United States Accounts Payable Automation Market
This report focuses on global and United States Accounts Payable Automation market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Accounts Payable Automation market size is estimated to be worth USD 2006.4 million in 2022 and is forecast to a readjusted size of USD 3079.3 million by 2028 with a CAGR of 7.4% during the review period. Fully considering the economic change by this health crisis, by Type, On-premises accounting for % of the Accounts Payable Automation global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Consumer Goods and Retail was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Accounts Payable Automation market size is expected to grow from USD million in 2021 to USD million by 2028, at a CAGR of % during the forecast period.
Global Accounts Payable Automation Scope and Market Size
Accounts Payable Automation market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Accounts Payable Automation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Accounts Payable Automation market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Global Accounts Payable Automation Market Segmentation By Types, By Applications and By Region:
Global Accounts Payable Automation market is analyses and market size information is provided by regions (countries). Segment by Application, the Accounts Payable Automation market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise market size for the period 2017-2028. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2017-2028.
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Accounts Payable Automation Market Segment by Type:
- On-premises
- Cloud
Accounts Payable Automation Market Segment by Applications:
- Consumer Goods and Retail
- Banking, Financial Services, and Insurance (BFSI)
- Information Technology (IT) and Telecom
- Manufacturing
- Healthcare
- Energy and Utilities
- Others
Accounts Payable Automation Market Segment by Region:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- ….Rest of World
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Key Questions Answered in The Report:
- What will the Accounts Payable Automation market growth rate?
- What are the key factors driving the global Accounts Payable Automation market?
- Who are the key manufacturers in Accounts Payable Automation market space?
- What are the market opportunities, market risk and market overview of the Accounts Payable Automation market?
- What are sales, revenue, and price analysis of top manufacturers of Accounts Payable Automation market?
- Who are the distributors, traders and dealers of Accounts Payable Automation market?
- What are the Accounts Payable Automation market opportunities and threats faced by the vendors in the global Accounts Payable Automation Industry?
- What are sales, revenue, and price analysis by types and applications of Accounts Payable Automation Industry?
- What are sales, revenue, and price analysis by regions of Accounts Payable Automation industry?
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Major Points from Table of Contents:
1 Study Coverage
1.1 Accounts Payable Automation Revenue in Accounts Payable Automation Business (2017-2022) and (USD Million) Introduction
1.2 Global Accounts Payable Automation Outlook 2017 VS 2022 VS 2028
1.2.1 Global Accounts Payable Automation Market Size for the Year 2017-2028
1.2.2 Global Accounts Payable Automation Market Size for the Year 2017-2028
1.3 Accounts Payable Automation Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.3.1 The Market Share of United States Accounts Payable Automation in Global, 2017 VS 2022 VS 2028
1.3.2 The Growth Rate of Accounts Payable Automation Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4 Accounts Payable Automation Market Dynamics
1.4.1 Accounts Payable Automation Industry Trends
1.4.2 Accounts Payable Automation Market Drivers
1.4.3 Accounts Payable Automation Market Challenges
1.4.4 Accounts Payable Automation Market Restraints
1.5 Study Objectives
1.6 Years Considered
2 Accounts Payable Automation by Type
2.1 Accounts Payable Automation Market Segment by Type
2.1.1 On-premises
2.1.2 Cloud
2.2 Global Accounts Payable Automation Market Size by Type (2017, 2022 and 2028)
2.3 Global Accounts Payable Automation Market Size by Type (2017-2028)
2.4 United States Accounts Payable Automation Market Size by Type (2017, 2022 and 2028)
2.5 United States Accounts Payable Automation Market Size by Type (2017-2028)
3 Accounts Payable Automation by Application
3.1 Accounts Payable Automation Market Segment by Application
3.1.1 Consumer Goods and Retail
3.1.2 Banking, Financial Services, and Insurance (BFSI)
3.1.3 Information Technology (IT) and Telecom
3.1.4 Manufacturing
3.1.5 Healthcare
3.1.6 Energy and Utilities
3.1.7 Others
3.2 Global Accounts Payable Automation Market Size by Application (2017, 2022 and 2028)
3.3 Global Accounts Payable Automation Market Size by Application (2017-2028)
3.4 United States Accounts Payable Automation Market Size by Application (2017, 2022 and 2028)
3.5 United States Accounts Payable Automation Market Size by Application (2017-2028)
4 Global Accounts Payable Automation Competitor Landscape by Company
4.1 Global Accounts Payable Automation Market Size by Company
4.1.1 Top Global Accounts Payable Automation Companies Ranked by Revenue (2021)
4.1.2 Global Accounts Payable Automation Revenue by Player (2017-2022)
4.2 Global Accounts Payable Automation Concentration Ratio (CR)
4.2.1 Accounts Payable Automation Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Companies of Accounts Payable Automation in 2021
4.2.3 Global Accounts Payable Automation Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Accounts Payable Automation Headquarters, Revenue in Accounts Payable Automation Business (2017-2022) and (USD Million) Type
4.3.1 Global Accounts Payable Automation Headquarters and Area Served
4.3.2 Global Accounts Payable Automation Companies Revenue in Accounts Payable Automation Business (2017-2022) and (USD Million) Type
4.3.3 Date of International Companies Enter into Accounts Payable Automation Market
4.4 Companies Mergers and Acquisitions, Expansion Plans
4.5 United States Accounts Payable Automation Market Size by Company
4.5.1 Top Accounts Payable Automation Players in United States, Ranked by Revenue (2021)
4.5.2 United States Accounts Payable Automation Revenue by Players (2020, 2021 and 2022)
5 Global Accounts Payable Automation Market Size by Region
5.1 Global Accounts Payable Automation Market Size by Region: 2017 VS 2022 VS 2028
5.2 Global Accounts Payable Automation Market Size by Region (2017-2028)
5.2.1 Global Accounts Payable Automation Market Size by Region: 2017-2022
5.2.2 Global Accounts Payable Automation Market Size by Region (2023-2028)
6 Segment in Region Level and Country Level
6.1 North America
6.1.1 North America Accounts Payable Automation Market Size Growth 2017-2028
6.1.2 North America Accounts Payable Automation Market Facts and Figures by Country (2017, 2022 and 2028)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia-Pacific
6.2.1 Asia-Pacific Accounts Payable Automation Market Size Growth 2017-2028
6.2.2 Asia-Pacific Accounts Payable Automation Market Facts and Figures by Region (2017, 2022 and 2028)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Taiwan
6.2.9 Indonesia
6.2.10 Thailand
6.2.11 Malaysia
6.2.12 Philippines
6.3 Europe
6.3.1 Europe Accounts Payable Automation Market Size Growth 2017-2028
6.3.2 Europe Accounts Payable Automation Market Facts and Figures by Country (2017, 2022 and 2028)
6.3.3 Germany
6.3.4 France
6.3.5 U.K.
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Accounts Payable Automation Market Size Growth 2017-2028
6.4.2 Latin America Accounts Payable Automation Market Facts and Figures by Country (2017, 2022 and 2028)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Accounts Payable Automation Market Size Growth 2017-2028
6.5.2 Middle East and Africa Accounts Payable Automation Market Facts and Figures by Country (2017, 2022 and 2028)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 U.A.E
7 Company Profiles
7.1 SAP Ariba
7.1.1 SAP Ariba Company Details
7.1.2 SAP Ariba Business Overview
7.1.3 SAP Ariba Accounts Payable Automation Introduction
7.1.4 SAP Ariba Revenue in Accounts Payable Automation Business (2017-2022)
7.1.5 SAP Ariba Recent Development
Continued. . .
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