Europe E-Invoicing Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Europe E-Invoicing Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The Europe E-invoicing market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2032, exhibiting a growth rate (CAGR) of 15.39% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Europe E-Invoicing Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Europe E-Invoicing Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Europe E-Invoicing Market Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2024-2032," the Europe E-invoicing
    market size reached US 1.6 Billion in 2023.
  • E-Invoicing or electronic invoicing is a digital
    solution designed to streamline the invoicing
    process between suppliers and buyers using a
    consolidated electronic format. This technology
    enables the exchange of invoice data in a
    structured and standardized format, making it
    easier for businesses to automate processing and
    payment reconciliation. It eliminates the need
    for manual paper-based procedures, reducing the
    potential for human errors.
  • E-invoicing systems can be integrated with
    accounting and enterprise resource planning (ERP)
    software, facilitating seamless financial
    transactions between trading partners. The key
    feature of e-invoices is the presence of
    structured invoice data, typically issued in
    electronic data interchange (EDI) or XML formats.
    This standard internet-based web application
    facilitates the smooth transmission of e-invoices
    between parties, making them more efficient and
    reliable.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/europe-e-invoicing-mark
    et/requestsample

4
Report Description
  • Europe E-Invoicing Market Trends
  • The increasing need for process optimization and
    cost reduction in businesses due to the growing
    international trade and cross-border transactions
    is one of the major factors creating a positive
    outlook for the market. Additionally, the rising
    popularity of e-invoicing to enable real-time
    exchange of electronic invoices, expediting
    payment cycles, and improving cash flow
    management for businesses of all sizes is
    providing a thrust to the market growth.
    Moreover, the increasing government's stringent
    regulatory initiatives in the region to promote
    the digitization of financial processes, enhance
    transparency and combat tax fraud, is positively
    impacting the market growth. Furthermore, the
    growing focus on sustainability and environmental
    responsibility as businesses seek to reduce their
    ecological footprint and embrace eco-friendly
    practices is propelling the market growth. In
    addition to this, the rapid advancement of
    technology, particularly in the fields of
    artificial intelligence (AI) and machine learning
    (ML), has revolutionized the capabilities of
    e-invoicing solutions to extract relevant data
    from invoices intelligently, automatically
    categorize expenses, and match invoices with
    purchase orders, reducing the need for manual
    intervention and enhancing accuracy, which in
    turn is contributing to the market growth.
    Besides this, the emergence of cloud-based
    e-invoicing solutions that offer scalability,
    flexibility, and accessibility, is supporting the
    market growth. Moreover, the development of
    interoperable and cross-border e-invoicing
    frameworks, fostering efficient cross-border
    trade and e-commerce between businesses operating
    in different European countries, is presenting
    remunerative growth opportunities for the market.
  • Looking forward, the market value is projected to
    reach US 6.0 Billion by 2032, expanding at a
    CAGR of 15.39 during 2024-2032.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/europe-e-invoicing-mark
    et

5
Report Segmentation
  • Breakup by Channel
  • B2B
  • B2C
  • Others
  •  
  • Breakup by Deployment Type
  • Cloud-based
  • On-premises
  • Breakup by Application
  • Energy and Utilities
  • FMCG
  • E-Commerce
  • BFSI

6
Report Segmentation
  • Government
  • Others
  • Breakup by Country
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

7
Key Questions Answered in the Report
8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Europe E-Invoicing Market 
      5.1    Market Overview    5.2    Market
    Performance    5.3    Impact of COVID-19  5.4
       Market Forecast
  • 6     Market Breakup by Channel    6.1    B2B 
          6.1.1 Market Trends        6.1.2 Market
    Forecast    6.2    B2C        6.2.1 Market
    Trends        6.2.2 Market Forecast    6.3  
     Others        6.3.1 Market Trends        6.3.2
    Market Forecast7   Market Breakup by Deployment
    Type       

10
Table of Contents
  •     7.1    Cloud-based        7.1.1 Market
    Trends        7.1.2 Market Forecast    7.2  
     On-premises        7.2.1 Market Trends       
    7.2.2 Market Forecast8   Market Breakup by
    Application    8.1    Energy and Utilities     
      8.1.1 Market Trends        8.1.2 Market
    Forecast    8.2    FMCG        8.2.1 Market
    Trends        8.2.2 Market Forecast    8.3  
     E-Commerce        8.3.1 Market Trends       
    8.3.2 Market Forecast    8.4    BFSI       
    8.4.1 Market Trends        8.4.2 Market
    Forecast    8.5    Government        8.5.1
    Market Trends        8.5.2 Market Forecast   
    8.6    Others        8.6.1 Market Trends       
    8.6.2 Market Forecast 9   Market Breakup by
    Country    9.1    Germany        9.1.1 Market
    Trends        9.1.2 Market Breakup by Channel
  • For more information, visit https//www.imarcgrou
    p.com/europe-e-invoicing-market/toc

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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