The global market for E-invoicing Software was valued at US$ 2706 million in the year 2024 and is projected to reach a revised size of US$ 4526 million by 2031, growing at a CAGR of 7.9% during the forecast period.
Electronic invoices refer to legal receipts and payment vouchers generated, stored and transmitted electronically, and their legal effect, basic uses and usage regulations are consistent with paper invoices. Electronic invoice software is a digital tool designed specifically for generating, managing, sending and storing electronic invoices. It replaces traditional paper invoices through automated processes, supports enterprises to efficiently process sales transaction records, ensures compliance with tax regulations, and simplifies financial management and accounting operations. Such software usually has the ability to integrate with existing financial systems (such as ERP, accounting software), provides secure data encryption and compliance checks to ensure the authenticity and legality of invoices, and allows users to conveniently send and receive invoices through multiple channels (such as email, mobile applications). Electronic invoice software not only improves work efficiency, but also helps companies reduce paper use and promotes green environmental protection.
Market Trends
Intelligence and Standardization
The deep integration of blockchain, cloud computing, artificial intelligence and other technologies has promoted the development of electronic invoices in a more efficient and secure direction. Blockchain technology ensures the immutability and traceability of invoices, cloud computing provides support for massive data processing, and intelligent identification and automated classification technologies significantly improve the efficiency of financial and tax management. At the same time, the policies of various countries continue to increase the standardization process. For example, China, France, and the United Arab Emirates have clarified the legal effect of electronic invoices through legislation, and enforced the unified format (such as XML and OFD), laying the foundation for the interconnection and interoperability of global electronic invoices.
International collaboration
With the rapid growth of cross-border e-commerce, the demand for cross-border interaction of electronic invoices has surged. Countries are exploring the compatibility of rules through international cooperation, such as the EU's promotion of PEPPOL network standardization and the OECD's coordination of multi-country electronic invoice data mapping rules to reduce compliance costs in cross-border transactions. France, Poland, Latvia and other countries have clarified the mandatory implementation timetable for business-to-business (B2B) and government-to-business (B2G) electronic invoices (such as France's full implementation in 2026), reflecting the transition of the global electronic invoice system from regional pilot to large-scale implementation.
Ecological and sustainable development
The promotion of electronic invoices is no longer limited to a single function, but extends to the integration of industry, finance and taxation, and green and low-carbon directions. On the one hand, enterprises use electronic invoices to achieve supply chain collaboration, intelligent reimbursement and tax automation, forming a data-driven decision-making closed loop; on the other hand, its environmental attributes (reducing paper consumption) are highly consistent with low-carbon goals, becoming an important starting point for the "green economy" policies of various countries. In addition, the ecological co-construction of multiple cooperation platforms (such as tax departments, third-party service providers, and blockchain alliances) has further enhanced the application depth and industry penetration of electronic invoices.
This report aims to provide a comprehensive presentation of the global market for E-invoicing Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding E-invoicing Software.
The E-invoicing Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global E-invoicing Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the E-invoicing Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sage
Rossum
Xero
Tipalti
Pagero
Edicom
Tradeshift
Comarch
Dynatos
SAP Ariba
Medius
Zycus
Ivalua
OpenText
Basware
Tungsten
Sovos
Esker
Vertex
Segment by Type
Cloud-Based
On-premises
Segment by Application
BFSI
Retail and CPG
Logistics
Manufacturing and Construction
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of E-invoicing Software company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global E-invoicing Software Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Cloud-Based
1.2.3 On-premises
1.3 Market by Application
1.3.1 Global E-invoicing Software Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 BFSI
1.3.3 Retail and CPG
1.3.4 Logistics
1.3.5 Manufacturing and Construction
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global E-invoicing Software Market Perspective (2020-2031)
2.2 Global E-invoicing Software Growth Trends by Region
2.2.1 Global E-invoicing Software Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 E-invoicing Software Historic Market Size by Region (2020-2025)
2.2.3 E-invoicing Software Forecasted Market Size by Region (2026-2031)
2.3 E-invoicing Software Market Dynamics
2.3.1 E-invoicing Software Industry Trends
2.3.2 E-invoicing Software Market Drivers
2.3.3 E-invoicing Software Market Challenges
2.3.4 E-invoicing Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top E-invoicing Software Players by Revenue
3.1.1 Global Top E-invoicing Software Players by Revenue (2020-2025)
3.1.2 Global E-invoicing Software Revenue Market Share by Players (2020-2025)
3.2 Global Top E-invoicing Software Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by E-invoicing Software Revenue
3.4 Global E-invoicing Software Market Concentration Ratio
3.4.1 Global E-invoicing Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by E-invoicing Software Revenue in 2024
3.5 Global Key Players of E-invoicing Software Head office and Area Served
3.6 Global Key Players of E-invoicing Software, Product and Application
3.7 Global Key Players of E-invoicing Software, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 E-invoicing Software Breakdown Data by Type
4.1 Global E-invoicing Software Historic Market Size by Type (2020-2025)
4.2 Global E-invoicing Software Forecasted Market Size by Type (2026-2031)
5 E-invoicing Software Breakdown Data by Application
5.1 Global E-invoicing Software Historic Market Size by Application (2020-2025)
5.2 Global E-invoicing Software Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America E-invoicing Software Market Size (2020-2031)
6.2 North America E-invoicing Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America E-invoicing Software Market Size by Country (2020-2025)
6.4 North America E-invoicing Software Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe E-invoicing Software Market Size (2020-2031)
7.2 Europe E-invoicing Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe E-invoicing Software Market Size by Country (2020-2025)
7.4 Europe E-invoicing Software Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific E-invoicing Software Market Size (2020-2031)
8.2 Asia-Pacific E-invoicing Software Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific E-invoicing Software Market Size by Region (2020-2025)
8.4 Asia-Pacific E-invoicing Software Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America E-invoicing Software Market Size (2020-2031)
9.2 Latin America E-invoicing Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America E-invoicing Software Market Size by Country (2020-2025)
9.4 Latin America E-invoicing Software Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa E-invoicing Software Market Size (2020-2031)
10.2 Middle East & Africa E-invoicing Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa E-invoicing Software Market Size by Country (2020-2025)
10.4 Middle East & Africa E-invoicing Software Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Sage
11.1.1 Sage Company Details
11.1.2 Sage Business Overview
11.1.3 Sage E-invoicing Software Introduction
11.1.4 Sage Revenue in E-invoicing Software Business (2020-2025)
11.1.5 Sage Recent Development
11.2 Rossum
11.2.1 Rossum Company Details
11.2.2 Rossum Business Overview
11.2.3 Rossum E-invoicing Software Introduction
11.2.4 Rossum Revenue in E-invoicing Software Business (2020-2025)
11.2.5 Rossum Recent Development
11.3 Xero
11.3.1 Xero Company Details
11.3.2 Xero Business Overview
11.3.3 Xero E-invoicing Software Introduction
11.3.4 Xero Revenue in E-invoicing Software Business (2020-2025)
11.3.5 Xero Recent Development
11.4 Tipalti
11.4.1 Tipalti Company Details
11.4.2 Tipalti Business Overview
11.4.3 Tipalti E-invoicing Software Introduction
11.4.4 Tipalti Revenue in E-invoicing Software Business (2020-2025)
11.4.5 Tipalti Recent Development
11.5 Pagero
11.5.1 Pagero Company Details
11.5.2 Pagero Business Overview
11.5.3 Pagero E-invoicing Software Introduction
11.5.4 Pagero Revenue in E-invoicing Software Business (2020-2025)
11.5.5 Pagero Recent Development
11.6 Edicom
11.6.1 Edicom Company Details
11.6.2 Edicom Business Overview
11.6.3 Edicom E-invoicing Software Introduction
11.6.4 Edicom Revenue in E-invoicing Software Business (2020-2025)
11.6.5 Edicom Recent Development
11.7 Tradeshift
11.7.1 Tradeshift Company Details
11.7.2 Tradeshift Business Overview
11.7.3 Tradeshift E-invoicing Software Introduction
11.7.4 Tradeshift Revenue in E-invoicing Software Business (2020-2025)
11.7.5 Tradeshift Recent Development
11.8 Comarch
11.8.1 Comarch Company Details
11.8.2 Comarch Business Overview
11.8.3 Comarch E-invoicing Software Introduction
11.8.4 Comarch Revenue in E-invoicing Software Business (2020-2025)
11.8.5 Comarch Recent Development
11.9 Dynatos
11.9.1 Dynatos Company Details
11.9.2 Dynatos Business Overview
11.9.3 Dynatos E-invoicing Software Introduction
11.9.4 Dynatos Revenue in E-invoicing Software Business (2020-2025)
11.9.5 Dynatos Recent Development
11.10 SAP Ariba
11.10.1 SAP Ariba Company Details
11.10.2 SAP Ariba Business Overview
11.10.3 SAP Ariba E-invoicing Software Introduction
11.10.4 SAP Ariba Revenue in E-invoicing Software Business (2020-2025)
11.10.5 SAP Ariba Recent Development
11.11 Medius
11.11.1 Medius Company Details
11.11.2 Medius Business Overview
11.11.3 Medius E-invoicing Software Introduction
11.11.4 Medius Revenue in E-invoicing Software Business (2020-2025)
11.11.5 Medius Recent Development
11.12 Zycus
11.12.1 Zycus Company Details
11.12.2 Zycus Business Overview
11.12.3 Zycus E-invoicing Software Introduction
11.12.4 Zycus Revenue in E-invoicing Software Business (2020-2025)
11.12.5 Zycus Recent Development
11.13 Ivalua
11.13.1 Ivalua Company Details
11.13.2 Ivalua Business Overview
11.13.3 Ivalua E-invoicing Software Introduction
11.13.4 Ivalua Revenue in E-invoicing Software Business (2020-2025)
11.13.5 Ivalua Recent Development
11.14 OpenText
11.14.1 OpenText Company Details
11.14.2 OpenText Business Overview
11.14.3 OpenText E-invoicing Software Introduction
11.14.4 OpenText Revenue in E-invoicing Software Business (2020-2025)
11.14.5 OpenText Recent Development
11.15 Basware
11.15.1 Basware Company Details
11.15.2 Basware Business Overview
11.15.3 Basware E-invoicing Software Introduction
11.15.4 Basware Revenue in E-invoicing Software Business (2020-2025)
11.15.5 Basware Recent Development
11.16 Tungsten
11.16.1 Tungsten Company Details
11.16.2 Tungsten Business Overview
11.16.3 Tungsten E-invoicing Software Introduction
11.16.4 Tungsten Revenue in E-invoicing Software Business (2020-2025)
11.16.5 Tungsten Recent Development
11.17 Sovos
11.17.1 Sovos Company Details
11.17.2 Sovos Business Overview
11.17.3 Sovos E-invoicing Software Introduction
11.17.4 Sovos Revenue in E-invoicing Software Business (2020-2025)
11.17.5 Sovos Recent Development
11.18 Esker
11.18.1 Esker Company Details
11.18.2 Esker Business Overview
11.18.3 Esker E-invoicing Software Introduction
11.18.4 Esker Revenue in E-invoicing Software Business (2020-2025)
11.18.5 Esker Recent Development
11.19 Vertex
11.19.1 Vertex Company Details
11.19.2 Vertex Business Overview
11.19.3 Vertex E-invoicing Software Introduction
11.19.4 Vertex Revenue in E-invoicing Software Business (2020-2025)
11.19.5 Vertex Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Sage
Rossum
Xero
Tipalti
Pagero
Edicom
Tradeshift
Comarch
Dynatos
SAP Ariba
Medius
Zycus
Ivalua
OpenText
Basware
Tungsten
Sovos
Esker
Vertex
听
听
*If Applicable.
