DUBLIN, July 2, 2020 /PRNewswire/ -- The "Europe E-Invoicing Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type; End-User" report has been added to ResearchAndMarkets.com's offering.
The e-Invoicing market in Europe was valued at US$ 1,241.7 million in 2019 and is projected to reach US$ 4,217.6 million by 2027; it is expected to grow at a CAGR of 17.1% from 2020 to 2027.
In Europe, the adoption of electronic and digital processes/solutions is quite high among businesses, and the e-Invoicing practices in this region are being driven by governments in various countries. The wide market fragmentation and high cross-border trade between European countries is driving the demand for efficient Invoicing solutions. Countries are also increasingly working to formulate a common e-Invoicing standard to boost the digital agenda of the European Union.
Presently, the EU directives 2014/24/EU and 2014/55/EU are encouraging the adoption of e-Invoicing in various European countries. Key industry associations, public administrations, tax authorities, and regulatory bodies in the countries are also complementing the growth of e-Invoicing market by supporting the development of various standards and interoperability between various document formats.
The cloud segment led the e-Invoicing market, based on deployment model, in forecast period from 2020 to 2027. Various service providers are now offering cloud-based e-Invoicing solutions, and customers are increasingly adopting these solutions. These firms develop, maintain, and manage the solutions for their customers, while the customers pay the prescribed fees for their services.
The overall Europe e-Invoicing market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the e-Invoicing market with respects to all the segments pertaining to the region.
Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in The European E-Invoicing market. Basware Corporation, Cegedim SA, Coupa Software Inc, IBM Corporation, and SAP SE are among the major players in the market in this region.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in The European E-Invoicing market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in The European E-Invoicing market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. E-Invoicing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. E-Invoicing -Market Dynamics
5.1 Market Drivers
5.1.1 Investment in Digital Technologies
5.1.2 Adoption of E-Voicing to Prevent Fraud
5.1.3 Government Initiatives to Boost E-Invoicing Adoption
5.2 Market Restraints
5.2.1 Lack of IT Resources
5.3 Market Opportunities
5.3.1 Adoption of Cloud Based Solutions
5.4 Future Trends
5.4.1 Implementation of Advanced Technologies like Blockchain
5.5 Impact Analysis of Drivers and Restraints
6. E-Invoicing Market - Europe Analysis
6.1 E-Invoicing Market Europe Overview
6.2 E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
7. E-Invoicing Market Analysis - By Deployment Model
7.2 E-Invoicing Market, By Deployment Model (2019 and 2027)
7.3.2 On-Premise: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
7.4.2 Cloud: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
8. E-Invoicing Market Analysis - By End-User
8.2 E-Invoicing Market Breakdown, by End-User, 2019 & 20
8.3.2 B2B Market Revenue and Forecast to 2027 (US$ Million)
8.4.2 B2C Market Revenue and Forecast to 2027 (US$ Million)
8.5.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
9. Europe E-Invoicing Market - Country Analysis
9.2 Europe: E-Invoicing Market
9.2.1 Europe: E-Invoicing Market, by Key Country
22.214.171.124 Germany: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
126.96.36.199 France: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
188.8.131.52 Italy: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
184.108.40.206 UK: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
220.127.116.11 Russia: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
18.104.22.168 Rest of Europe: E-Invoicing Market - Revenue and Forecast to 2027 (US$ Million)
10. E-Invoicing Market- COVID-19 Impact Analysis
11. Industry Landscape
11.1 Market Initiative
11.2 New Product Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 Basware Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cegedim SA
12.3 Comarch SA
12.4 Coupa Software Inc.
12.5 IBM Corporation
12.6 SAP SE
12.7 The Sage Group plc
13.1 About the Publisher
13.2 Word Index
For more information about this report visit https://www.researchandmarkets.com/r/qscb2m
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