United States E-Invoicing Market Research 2022-2027 | Outlook, Growth, Share, Size And Forecast Analysis

The latest report published by IMARC Group, titled “United States E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Market Overview:

The United States e-invoicing market is expected to exhibit a CAGR of 21.76% during 2022-2027. E-invoicing, or electronic invoicing, generates electronic bills while exchanging services and goods through a digital platform. It purchases orders, encloses debit and credit notes, and remittance vouchers specifying the terms and conditions of the payment. Usually conducted through smart devices, such as laptops, smartphones, computers, and tablets, e-invoicing can also be deployed via the cloud and on-premises solutions. Cloud-based resolutions offer several benefits, including faster invoice-processing time and transparency, enhanced accuracy and data quality, and reduced instances of delayed payments and human errors. This solution tracks business transactions while reducing costs for implementation, training, system design, customization, and maintenance. 


United States E-Invoicing Market

Market Trends:

The expanding e-commerce industry is primarily fueling the United States e-invoicing market. Besides this, the escalating utilization of traditional alternatives in advanced information technology (IT) solutions across the retail, energy, telecommunications, and banking, financial services and insurance (BFSI) sectors is further augmenting the market growth. Moreover, the rising improvements in the cloud-integrated web and software-based e-invoicing applications and the growing popularity of artificial intelligence (AI), internet of things (IoT), and analytics tools are also catalyzing the market across the United States. Apart from this, the increasing need for this solution to support the frequently changing operational patterns of the vendors is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for blockchain technology to ensure document security and the emerging trend of digitization for compliance necessities are anticipated to propel the United States e-invoicing market over the forecasted period. 

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United States E-Invoicing Market Report Scope

Report Coverage

Details

Growth Rate

CAGR of 21.76% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Channel, Deployment Type, Application and Region

Regional scope

Northeast, Midwest, South and West

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Market Segmentation: 

The report has segmented the United States e-invoicing market based on channel, deployment type, application and region.

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 Region:

• Northeast

• Midwest

• South

• West

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Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/

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