The e-Invoicing market in Asia-Pacific was valued at US$ 1,019.8 million in 2019 and is projected to reach US$ 4,075.8 million by 2027; it is expected to grow at a CAGR of 19.4% from 2020 to 2027. The adoption of electronic and digital processes/solutions among the businesses in Asia-Pacific is high, and e-in Invoicing in this region is being driven by governments in various countries. The broad market fragmentation and high cross-border trade between Asia-Pacific countries is boosting the demand for efficient in Invoicing solutions. Countries are also increasingly working to formulate common e-in Invoicing standards to boost their digital agenda. Key industry associations, public administrations, tax authorities, and regulatory bodies in various Asia-Pacific countries are also complementing the growth of e-Invoicing market in this region by supporting the development of various standards and interoperability between various document formats.
The scope of e-Invoicing in Asian countries is increasing gradually. The lack of government initiatives, established standards, regulatory framework, and tax impediments, and proper understanding of the system are a few aspects hindering the implementation of e-Invoicing in the countries in this region.
The overall Asia-Pacific 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 in 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 Asia-Pacific E-Invoicing market. Basware Corporation, Cegedim SA, Coupa Software Inc, IBM Corporation, and SAP SE are among the key players serving the e-Invoicing market in Asia-Pacific.
Reasons to Buy:
The scope of e-Invoicing in Asian countries is increasing gradually. The lack of government initiatives, established standards, regulatory framework, and tax impediments, and proper understanding of the system are a few aspects hindering the implementation of e-Invoicing in the countries in this region.
The overall Asia-Pacific 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 in 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 Asia-Pacific E-Invoicing market. Basware Corporation, Cegedim SA, Coupa Software Inc, IBM Corporation, and SAP SE are among the key players serving the e-Invoicing market in Asia-Pacific.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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
Table of Contents
1. Introduction
3. Research Methodology
4. E-Invoicing Market Landscape
5. E-Invoicing -Market Dynamics
6. E-Invoicing Market - Asia-Pacific Analysis
7. E-Invoicing Market Analysis - By Deployment Model
8. E-Invoicing Market Analysis - By End-User
9. E-Invoicing Market - Country Analysis
10. E-Invoicing Market- COVID-19 Impact Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Basware Corporation
- Cegedim SA
- Comarch SA
- Coupa Software Inc.
- IBM Corporation
- SAP SE
- The Sage Group plc
- Tradeshift