Electronic Invoicing (E-Invoicing) Market in Europe 2023: Size, Growth (17.1%), Top Companies and Future Forecast by 2028
How Big is The Europe E-Invoicing Market? IMARC Group, a leading market research company, has recently releases report titled “Europe E-Invoicing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” 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)? E-invoicing, also known as electronic invoicing, is a digital solution that revolutionizes traditional paper-based invoicing processes. It involves the exchange of invoices in electronic format, enabling businesses to create, send, receive, and process invoices electronically. It streamlines the entire invoicing cycle, eliminating manual tasks, reducing errors, and enhancing operational efficiency. As it assists in enabling businesses to optimize their financial processes, enhance cash flow management, and stre