The e-invoice market size is poised to grow by USD 6.93 billion during 2020-2024, progressing at a CAGR of over 19% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global E-invoicing Market 2020-2024 (Graphic: Business Wire)
The convenience and easy accessibility of mobile payment systems are driving the adoption of e-invoicing solutions. Mobile-based platforms and applications have simplified banking, commercial transactions, and billing payments. Physical transactions such as closing and opening an account, fund transfers, deposits, and withdrawals are