E-Invoicing - Global Strategic Business Report

The global market for E-Invoicing was estimated at US$13.5 Billion in 2024 and is projected to reach US$47.0 Billion by 2030, growing at a CAGR of 23.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the E-Invoicing market.

Global E-Invoicing Market: Key Trends & Drivers Summarized

What Is Accelerating the Adoption of E-Invoicing Solutions?

The global e-invoicing market is witnessing rapid expansion, propelled by the digital transformation initiatives across various industries. This growth is largely driven by the increasing adoption of cloud-based solutions, which offer scalability and flexibility for businesses aiming to streamline their invoicing processes. The shift from traditional paper-based systems to electronic invoicing has enabled organizations to enhance operational efficiency, reduce costs, and minimize errors associated with manual processing.

How Are Regulatory Mandates Shaping the E-Invoicing Landscape?

Government regulations mandating the implementation of e-invoicing systems have significantly influenced market dynamics. Many countries have introduced policies requiring businesses to adopt electronic invoicing to improve tax compliance and reduce fraud. For instance, the European Union has implemented directives to standardize e-invoicing across member states, facilitating smoother cross-border transactions. Such regulatory frameworks not only ensure transparency but also drive the widespread adoption of e-invoicing solutions among enterprises of all sizes.

Why Are Businesses Embracing E-Invoicing Amidst E-Commerce Growth?

The surge in e-commerce activities has necessitated efficient invoicing systems capable of handling high transaction volumes. E-invoicing solutions provide the agility required to manage large-scale invoicing seamlessly, catering to the needs of online retailers and consumers alike. The integration of e-invoicing with existing enterprise resource planning (ERP) systems enables real-time tracking and management of invoices, thereby enhancing cash flow management and financial planning. This alignment with the fast-paced nature of e-commerce has made e-invoicing an indispensable tool for modern businesses.

What Drives the Growth in the E-Invoicing Market?

The growth in the e-invoicing market is driven by several factors reflecting the evolving business environment. The increasing emphasis on data security and compliance has led organizations to adopt secure e-invoicing platforms that ensure the integrity and confidentiality of financial information. The rising demand for automated invoice processing solutions has enabled businesses to reduce processing times and operational costs. Additionally, the global push towards sustainability has encouraged companies to minimize paper usage, further propelling the adoption of electronic invoicing systems. Collectively, these drivers highlight a robust market trajectory poised for continued expansion.

SCOPE OF STUDY:

The report analyzes the E-Invoicing market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Deployment (On-Premise Deployment, Cloud Deployment); End-Use (B2B End-Use, B2C End-Use)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the On-Premise Deployment segment, which is expected to reach US$24.7 Billion by 2030 with a CAGR of a 22.5%. The Cloud Deployment segment is also set to grow at 23.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $3.6 Billion in 2024, and China, forecasted to grow at an impressive 31.4% CAGR to reach $12.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global E-Invoicing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global E-Invoicing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global E-Invoicing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Basware, BlackLine, Comarch SA, Coupa Software Inc., Esker S.A. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 41 companies featured in this E-Invoicing market report include:

• Basware
• BlackLine
• Comarch SA
• Coupa Software Inc.
• Esker S.A.
• iPayables, Inc.
• Pagero Group
• PaySimple
• Sage Group plc
• Taulia

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.