Press release
E-invoicing Market in Europe To Hit a CAGR of 17.1% during 2023-2028 | IMARC Group
E-invoicing Market Europe 2023
The Europe E-invoicing market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2028, exhibiting a growth rate (CAGR) of 17.1% during 2023-2028.
What is Electronic-invoicing (E-invoicing)?
Electronic invoicing, often referred to as e-invoicing, represents a modern and digital method for businesses to create, transmit, receive, and manage invoices. This technology replaces the conventional paper-based invoicing system with a more efficient and automated electronic approach. It entails the generation of invoices in digital formats, which are subsequently transmitted electronically to the recipient's systems. Companies can leverage e-invoicing to streamline their invoicing processes, reducing the need for manual data entry, minimizing errors, and expediting payment cycles. This method plays a crucial role in enhancing invoicing efficiency, shortening processing times, and optimizing financial operations.
Request a free sample brochure: https://www.imarcgroup.com/europe-e-invoicing-market/requestsample
Europe E-Invoicing Market Trends and Drivers:
The Europe market for e-invoicing is experiencing significant growth, driven by several key factors. Retailers and e-businesses are increasingly embracing e-invoicing to automate their sales transaction invoicing. This shift aims to enhance billing efficiency, improve customer satisfaction, and accelerate revenue collection. Furthermore, healthcare providers in the region are turning to e-invoicing to effectively manage billing and reimbursement processes, aiding in precise medical billing and expediting insurance claim processing. Additionally, the logistics and transportation sector is witnessing a growing adoption of e-invoicing. This trend is primarily aimed at streamlining freight billing and payment procedures, eliminating paper-related delays, and enabling real-time transaction tracking. These developments are creating a favorable outlook for the e-invoicing market in Europe.
Europe E-Invoicing Market Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Channel:
• B2B
• B2C
• Others
Breakup by Deployment Type:
• Cloud-based
• On-premises
Breakup by Application:
• Energy and Utilities
• FMCG
• E-Commerce
• BFSI
• Government
• Others
Breakup by Country:
• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Contact Us:
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's 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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-invoicing Market in Europe To Hit a CAGR of 17.1% during 2023-2028 | IMARC Group here
News-ID: 3254900 • Views: …
More Releases from IMARC Group
Cost Requirement For Perfume Manufacturing Plant Setup in 2025: Business Plan an …
Perfume is a fragrant liquid mixture produced through blending essential oils, aroma compounds, fixatives, and solvents. It is widely used across industries due to its aromatic properties, versatility, and consumer appeal. Common applications include personal care products, cosmetics, luxury goods, home fragrances, and therapeutic aromatherapy. Its sensory and emotional impact make it essential in both consumer and commercial applications.
Setting up a perfume manufacturing plant requires careful planning, investment in distillation…
Adult Diaper Manufacturing Plant Setup Report 2025: Cost Analysis, Machinery and …
An adult diaper is an absorbent garment designed for individuals who experience incontinence or mobility limitations that prevent regular toilet use. These products are worn like underwear and feature multiple layers including an absorbent core, waterproof backing, and soft inner lining to manage urinary or fecal incontinence while maintaining skin health and user dignity. They come in various styles such as pull-ups, tab-style, and fitted briefs, catering to different levels…
Soybean Oil Processing Plant Setup Cost 2025 | Raw Materials, Machinery, and Inv …
Setting up a soybean oil processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Soybean Oil Processing Plant Setup Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a soybean oil processing plant, covering everything from product overview and…
Cost for Setting a Onion Powder Manufacturing Unit in 2025: Detailed Process and …
Onion powder is a fine granular form of dehydrated onions produced through drying and grinding processes. It is widely used across industries due to its high flavor concentration, long shelf life, and excellent solubility. Common applications include food processing, seasonings, sauces, ready-to-eat meals, instant soups, and as a flavoring agent in culinary preparations. Its aromatic and taste-enhancing properties make it essential in both commercial food production and household cooking applications.
Setting…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…
