Global e-Invoicing Market 2018-2022 | 19% CAGR Projection Over the Next Four Years | Technavio

Technavio has announced the release of their Global e-Invoicing Market 2018-2022 report (Graphic: Business Wire)

LONDON--()--The global e-invoicing market is expected to post a CAGR of close to 19% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor driving the growth of the market is the convenience and easy accessibility of mobile payment systems. Mobile commerce simplifies banking, commercial transactions, and bill payments through mobile applications. However, mobile commerce payments require e-billing/e-invoicing in banking, telecommunications, and e-commerce sectors. Mobile commerce vendors are partnering with telecommunication service providers to offer payment services as a built-in function which is further driving the market.

This market research report on the global e-invoicing market 2018-2022 provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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In this report, Technavio highlights increased security of documents using blockchain as one of the key emerging trends in the global e-invoicing market:

Global e-invoicing market: Increased security of documents using blockchain

E-billing allows storage of all e-invoices which can be assessed when required. Blockchain is technology which helps to keep the data intact and only authorized personnel can access these data, thereby increasing the security for confidential data. Blockchain is also a cost-effective database management solution for e-invoices. Every transaction in a blockchain is linked with the relevant database and secured with the help of cryptography.

“The blockchain technology market is estimated to grow significantly during the forecast period and this growth can be attributed to the combination of blockchain components with technologies like tracking of shipments, which has several applications in e-invoicing. Also, this technology will be adopted in regions like North America, parts of Europe, and APAC,” says a senior analyst at Technavio for research on enterprise application.

Global e-invoicing market: Segmentation analysis

This market research report segments the global e-invoicing market by end-user (B2B and B2C) and geographical regions (APAC, EMEA, and the Americas).

In 2017, the B2B segment dominated the e-invoicing market with a market share of 63%. Most of the large enterprises practice e-billing/e-invoicing. Although e-invoicing requires high initial investments, it ensures a secure billing process.

EMEA led the market in 2017 with over 58% of the market share, followed by the Americas and APAC respectively. Although APAC held the smallest share of the market, the region is expected to witness a significant increase in its market share over the forecast period while EMEA and the Americas will see a decline in their market shares.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

The global e-invoicing market is expected to post a CAGR of almost 19% during 2018-2022, according to the latest market research report by Technavio.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200