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E-Invoicing Market Report Scope & Overview:

The E-Invoicing Market size was valued at USD 13.52 billion in 2023 and is expected to reach USD 49.46 billion by 2031 and grow at a CAGR of 17.6% over the forecast period 2024-2031.

E-invoicing is the digital alternative to traditional paper invoices, allowing businesses to create, send, receive and process invoices electronically.  This streamlines operations and cuts costs by automating tasks and integrating seamlessly with accounting and financial systems.  The global shift towards digitalization and automation is a major driver, as businesses seek faster and more efficient invoicing methods.  Government regulations requiring e-invoicing for tax and transparency purposes further propel the market. The environmental benefits of reduced paper use and waste associated with e-invoicing are driving its adoption as businesses become more environmentally conscious.  With the growth of global trade, the demand for e-invoicing solutions that can handle cross-border transactions is also on the rise.

E-Invoicing-Marke Revenue Analysis

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MARKET DYNAMICS:

KEY DRIVERS:

  • Globalization and digital transformation propel e-invoicing adoption for seamless international transactions and alignment with digital business models.

Globalization and digital transformation are fueling the rise of e-invoicing. Paper invoices slow down cross-border transactions, but e-invoicing bridges the gap with instant, digital exchange.  Businesses are embracing e-invoicing as part of their digital shift, aligning with trends towards cloud solutions, mobile work, and interconnected systems.  In this increasingly digital world, e-invoicing streamlines financial transactions, making them faster and more efficient.

  • AI, Machine Learning and Blockchain Tech Are Revolutionizing E-Invoicing

RESTRAINTS:

  • High initial investment costs for businesses to implement e-invoicing systems can be a barrier.

  • Concerns about data security and privacy in electronic invoicing processes can cause hesitation.

OPPORTUNITIES:

  • E-invoicing can enable faster cross-border transactions and instant payments.

  • AI and machine learning can streamline e-invoicing with data extraction, validation, and discrepancy prediction.

CHALLENGES:

  • High Initial Investment Costs Hinder E-Invoicing Adoption

E-invoicing adoption faces a problem in the form of upfront costs.  Developing and installing e-invoicing solutions, particularly for large-scale implementations, requires a substantial initial investment. This can be a burden for businesses, especially smaller ones, and act as a barrier to wider market growth. Thus, the long-term cost savings and efficiency gains associated with e-invoicing can outweigh the initial investment, making it a worthwhile consideration despite the upfront financial hurdle.

IMPACT OF RUSSIA-UKRAINE WAR

The war in Russia-Ukraine is causing disruptions across multiple industries, and the e-invoicing market is not immune. The economic sanctions imposed on Russia have restricted access to critical materials like neon gas, a key element in chip production. This can lead to chip shortages and potentially impact the production of electronic devices used in e-invoicing infrastructure, like scanners and servers and also there is 10-20% potential increase in hardware costs. The war has exacerbated global supply chain issues, causing delays in the shipment of hardware and software needed for e-invoicing implementation. Businesses planning e-invoicing rollouts might face extended wait times or be forced to source components from alternative vendors.  The broader economic uncertainty caused by the war can lead to decreased business investment, potentially causing delays in e-invoicing adoption plans as companies prioritize essential expenditures.

IMPACT OF ECONOMIC SLOWDOWN

An economic slowdown can cause the disruptions for the e-invoicing market. Businesses, particularly in sectors like retail and manufacturing, might tighten budgets and delay investments in new technologies, including e-invoicing solutions. This could lead to a 5-10% decline in the adoption rate of e-invoicing, especially among small and medium enterprises (SMEs). With reduced consumer spending, the demand for goods and services might fall, leading to a decrease in the overall volume of invoices being processed electronically. This translates to a potential 10-15% reduction in transaction fees for e-invoicing service providers. Thus, during economic downturns, companies tend to prioritize core operations and might postpone upgrades to existing e-invoicing systems. This could lead to a stagnation or even a slight decline in demand for advanced features and functionalities offered by e-invoicing vendors.

KEY MARKET SEGMENTS:

By Channel

  • B2B

  • B2C

B2B (Business-to-Business) is the dominating sub-segment in the E-Invoicing Market by channel holding around 70-80% of market share due to the high volume of transactions between businesses. E-invoicing streamlines complex B2B transactions, improves efficiency, and reduces errors compared to traditional paper-based invoicing. Additionally, government regulations mandating e-invoicing for B2B transactions in many countries further drive adoption in this segment.

E-Invoicing-Market-Segmentation-By-Channel

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By Deployment Type

  • Cloud-based

  • On-premises

Cloud-based is the dominating sub-segment in the E-Invoicing Market by deployment type holding around 60-70% of market share. Cloud-based e-invoicing solutions offer several advantages, making them the preferred choice for businesses. These advantages include scalability, accessibility from anywhere, lower upfront costs, and automatic software updates. Cloud-based solutions are particularly attractive for small and medium enterprises (SMEs) as they require minimal IT infrastructure investment.

By Application

  • Energy and Utilities

  • FMCG

  • E-Commerce

  • BFSI

  • Government

  • Others

E-Commerce is the dominating sub-segment in the E-Invoicing Market by application holding around 30-35% of market share. E-commerce is a rapidly growing sector with a high volume of B2C transactions. E-invoicing can simplify invoice delivery and improve the customer experience in this space.

REGIONAL ANALYSES

The North America is the dominating region in the e-invoicing market holding around 40-45% of market share due to its robust IT infrastructure, large corporations with complex invoicing needs, and government support.

The Asia Pacific is the second highest region in the e-invoicing market, fueled by rapid economic growth, a booming e-commerce sector, and government regulations mandating e-invoicing.

Latin America is the fastest growing region with 15-20% of CAGR. This region is a maturing e-invoicing market driven by similar government regulations to Asia Pacific, increasing internet access, and a growing focus on digital transformation within businesses.

E-Invoicing-Market-By-Region​​​​​​​

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

The major key players are Basware Corporation, Cegedim SA, Comarch SA, Coupa Software Inc., IBM Corporation, Nipendo Ltd., SAP SE, The Sage Group plc, Tradeshift., Transcepta LLC and other key players.

Comarch SA - Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

  • In Sept. 2023: Toyota Boshoku Asia (Thailand) partners with Comarch to implement e-invoicing. The solution will handle digital documents, including tax invoices and receipts, ensuring compliance with Thai revenue regulations.

  • In Feb. 2024: Basware, a top provider of accounts payable automation, saw significant growth in 2023. Bookings surged by 52% year-over-year, and recurring revenue accelerated. This strong performance fuels their plans for major global expansion.

E-Invoicing Market Report Scope:

Report Attributes Details
 Market Size in 2023  US$ 13.52 Bn
 Market Size by 2031  US$ 49.46 Bn
 CAGR   CAGR of 17.6% From 2024 to 2031
 Base Year  2023
 Forecast Period  2024-2031
 Historical Data  2020-2022
 Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
 Key Segments • By Channel (B2B, B2C, Others)
• By Deployment Type (Cloud-based and On-premises)
• By Application (Energy and Utilities, FMCG, E-Commerce, BFSI, Government, Others)
 Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
 Company Profiles Basware Corporation, Cegedim SA, Comarch SA, Coupa Software Inc., IBM Corporation, Nipendo Ltd., SAP SE, The Sage Group plc, Tradeshift., Transcepta LLC
 Key Drivers • Globalization and digital transformation propel e-invoicing adoption for seamless international transactions and alignment with digital business models.
• AI, Machine Learning and Blockchain Tech Are Revolutionizing E-Invoicing
 Market Challenges • High Initial Investment Costs Hinder E-Invoicing Adoption

Frequently Asked Questions

Ans: The expected CAGR of the global E-Invoicing Market during the forecast period is 17.6%.

Ans: The E-Invoicing Market was valued at USD 13.52 billion in 2023.

Ans: Globalization, digital transformation, government regulations, and environmental benefits are key drivers.

Ans: High initial investment costs and data security concerns are the main restraints.

Ans: North America is the dominating region in the e-invoicing market.

TABLE OF CONTENTS

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges

5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8. Pest Analysis

9. E-Invoicing Market Segmentation, By Channel
9.1 Introduction
9.2 Trend Analysis
9.3 B2B
9.4 B2C

10. E-Invoicing Market Segmentation, By Deployment Type
10.1 Introduction
10.2 Trend Analysis
10.3 Cloud-based
10.4 On-premises

11. E-Invoicing Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Energy and Utilities
11.4 FMCG
11.5 E-Commerce
11.6 BFSI
11.7 Government
11.8 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America E-Invoicing Market Segmentation, By Country
12.2.3 North America E-Invoicing Market Segmentation, By Channel
12.2.4 North America E-Invoicing Market Segmentation, By Deployment Type
12.2.5 North America E-Invoicing Market Segmentation, By Application
12.2.6 USA
12.2.6.1 USA E-Invoicing Market Segmentation, By Channel
12.2.6.2 USA E-Invoicing Market Segmentation, By Deployment Type
12.2.6.3 USA E-Invoicing Market Segmentation, By Application
12.2.7 Canada
12.2.7.1 Canada E-Invoicing Market Segmentation, By Channel
12.2.7.2 Canada E-Invoicing Market Segmentation, By Deployment Type
12.2.7.3 Canada E-Invoicing Market Segmentation, By Application
12.2.8 Mexico
12.2.8.1 Mexico E-Invoicing Market Segmentation, By Channel
12.2.8.2 Mexico E-Invoicing Market Segmentation, By Deployment Type
12.2.8.3 Mexico E-Invoicing Market Segmentation, By Application
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe E-Invoicing Market Segmentation, by Country
12.3.2.2 Eastern Europe E-Invoicing Market Segmentation, By Channel
12.3.2.3 Eastern Europe E-Invoicing Market Segmentation, By Deployment Type
12.3.2.4 Eastern Europe E-Invoicing Market Segmentation, By Application
12.3.2.5 Poland
12.3.2.5.1 Poland E-Invoicing Market Segmentation, By Channel
12.3.2.5.2 Poland E-Invoicing Market Segmentation, By Deployment Type
12.3.2.5.3 Poland E-Invoicing Market Segmentation, By Application
12.3.2.6 Romania
12.3.2.6.1 Romania E-Invoicing Market Segmentation, By Channel
12.3.2.6.2 Romania E-Invoicing Market Segmentation, By Deployment Type
12.3.2.6.4 Romania E-Invoicing Market Segmentation, By Application
12.3.2.7 Hungary
12.3.2.7.1 Hungary E-Invoicing Market Segmentation, By Channel
12.3.2.7.2 Hungary E-Invoicing Market Segmentation, By Deployment Type
12.3.2.7.3 Hungary E-Invoicing Market Segmentation, By Application
12.3.2.8 Turkey
12.3.2.8.1 Turkey E-Invoicing Market Segmentation, By Channel
12.3.2.8.2 Turkey E-Invoicing Market Segmentation, By Deployment Type
12.3.2.8.3 Turkey E-Invoicing Market Segmentation, By Application
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe E-Invoicing Market Segmentation, By Channel
12.3.2.9.2 Rest of Eastern Europe E-Invoicing Market Segmentation, By Deployment Type
12.3.2.9.3 Rest of Eastern Europe E-Invoicing Market Segmentation, By Application
12.3.3 Western Europe
12.3.3.1 Western Europe E-Invoicing Market Segmentation, by Country
12.3.3.2 Western Europe E-Invoicing Market Segmentation, By Channel
12.3.3.3 Western Europe E-Invoicing Market Segmentation, By Deployment Type
12.3.3.4 Western Europe E-Invoicing Market Segmentation, By Application
12.3.3.5 Germany
12.3.3.5.1 Germany E-Invoicing Market Segmentation, By Channel
12.3.3.5.2 Germany E-Invoicing Market Segmentation, By Deployment Type
12.3.3.5.3 Germany E-Invoicing Market Segmentation, By Application
12.3.3.6 France
12.3.3.6.1 France E-Invoicing Market Segmentation, By Channel
12.3.3.6.2 France E-Invoicing Market Segmentation, By Deployment Type
12.3.3.6.3 France E-Invoicing Market Segmentation, By Application
12.3.3.7 UK
12.3.3.7.1 UK E-Invoicing Market Segmentation, By Channel
12.3.3.7.2 UK E-Invoicing Market Segmentation, By Deployment Type
12.3.3.7.3 UK E-Invoicing Market Segmentation, By Application
12.3.3.8 Italy
12.3.3.8.1 Italy E-Invoicing Market Segmentation, By Channel
12.3.3.8.2 Italy E-Invoicing Market Segmentation, By Deployment Type
12.3.3.8.3 Italy E-Invoicing Market Segmentation, By Application
12.3.3.9 Spain
12.3.3.9.1 Spain E-Invoicing Market Segmentation, By Channel
12.3.3.9.2 Spain E-Invoicing Market Segmentation, By Deployment Type
12.3.3.9.3 Spain E-Invoicing Market Segmentation, By Application
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands E-Invoicing Market Segmentation, By Channel
12.3.3.10.2 Netherlands E-Invoicing Market Segmentation, By Deployment Type
12.3.3.10.3 Netherlands E-Invoicing Market Segmentation, By Application
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland E-Invoicing Market Segmentation, By Channel
12.3.3.11.2 Switzerland E-Invoicing Market Segmentation, By Deployment Type
12.3.3.11.3 Switzerland E-Invoicing Market Segmentation, By Application
12.3.3.1.12 Austria
12.3.3.12.1 Austria E-Invoicing Market Segmentation, By Channel
12.3.3.12.2 Austria E-Invoicing Market Segmentation, By Deployment Type
12.3.3.12.3 Austria E-Invoicing Market Segmentation, By Application
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe E-Invoicing Market Segmentation, By Channel
12.3.3.13.2 Rest of Western Europe E-Invoicing Market Segmentation, By Deployment Type
12.3.3.13.3 Rest of Western Europe E-Invoicing Market Segmentation, By Application
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific E-Invoicing Market Segmentation, by Country
12.4.3 Asia-Pacific E-Invoicing Market Segmentation, By Channel
12.4.4 Asia-Pacific E-Invoicing Market Segmentation, By Deployment Type
12.4.5 Asia-Pacific E-Invoicing Market Segmentation, By Application
12.4.6 China
12.4.6.1 China E-Invoicing Market Segmentation, By Channel
12.4.6.2 China E-Invoicing Market Segmentation, By Deployment Type
12.4.6.3 China E-Invoicing Market Segmentation, By Application
12.4.7 India
12.4.7.1 India E-Invoicing Market Segmentation, By Channel
12.4.7.2 India E-Invoicing Market Segmentation, By Deployment Type
12.4.7.3 India E-Invoicing Market Segmentation, By Application
12.4.8 Japan
12.4.8.1 Japan E-Invoicing Market Segmentation, By Channel
12.4.8.2 Japan E-Invoicing Market Segmentation, By Deployment Type
12.4.8.3 Japan E-Invoicing Market Segmentation, By Application
12.4.9 South Korea
12.4.9.1 South Korea E-Invoicing Market Segmentation, By Channel
12.4.9.2 South Korea E-Invoicing Market Segmentation, By Deployment Type
12.4.9.3 South Korea E-Invoicing Market Segmentation, By Application
12.4.10 Vietnam
12.4.10.1 Vietnam E-Invoicing Market Segmentation, By Channel
12.4.10.2 Vietnam E-Invoicing Market Segmentation, By Deployment Type
12.4.10.3 Vietnam E-Invoicing Market Segmentation, By Application
12.4.11 Singapore
12.4.11.1 Singapore E-Invoicing Market Segmentation, By Channel
12.4.11.2 Singapore E-Invoicing Market Segmentation, By Deployment Type
12.4.11.3 Singapore E-Invoicing Market Segmentation, By Application
12.4.12 Australia
12.4.12.1 Australia E-Invoicing Market Segmentation, By Channel
12.4.12.2 Australia E-Invoicing Market Segmentation, By Deployment Type
12.4.12.3 Australia E-Invoicing Market Segmentation, By Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific E-Invoicing Market Segmentation, By Channel
12.4.13.2 Rest of Asia-Pacific E-Invoicing Market Segmentation, By Deployment Type
12.4.13.3 Rest of Asia-Pacific E-Invoicing Market Segmentation, By Application
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East E-Invoicing Market Segmentation, by Country
12.5.2.2 Middle East E-Invoicing Market Segmentation, By Channel
12.5.2.3 Middle East E-Invoicing Market Segmentation, By Deployment Type
12.5.2.4 Middle East E-Invoicing Market Segmentation, By Application
12.5.2.5 UAE
12.5.2.5.1 UAE E-Invoicing Market Segmentation, By Channel
12.5.2.5.2 UAE E-Invoicing Market Segmentation, By Deployment Type
12.5.2.5.3 UAE E-Invoicing Market Segmentation, By Application
12.5.2.6 Egypt
12.5.2.6.1 Egypt E-Invoicing Market Segmentation, By Channel
12.5.2.6.2 Egypt E-Invoicing Market Segmentation, By Deployment Type
12.5.2.6.3 Egypt E-Invoicing Market Segmentation, By Application
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia E-Invoicing Market Segmentation, By Channel
12.5.2.7.2 Saudi Arabia E-Invoicing Market Segmentation, By Deployment Type
12.5.2.7.3 Saudi Arabia E-Invoicing Market Segmentation, By Application
12.5.2.8 Qatar
12.5.2.8.1 Qatar E-Invoicing Market Segmentation, By Channel
12.5.2.8.2 Qatar E-Invoicing Market Segmentation, By Deployment Type
12.5.2.8.3 Qatar E-Invoicing Market Segmentation, By Application
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East E-Invoicing Market Segmentation, By Channel
12.5.2.9.2 Rest of Middle East E-Invoicing Market Segmentation, By Deployment Type
12.5.2.9.3 Rest of Middle East E-Invoicing Market Segmentation, By Application
12.5.3 Africa
12.5.3.1 Africa E-Invoicing Market Segmentation, by Country
12.5.3.2 Africa E-Invoicing Market Segmentation, By Channel
12.5.3.3 Africa E-Invoicing Market Segmentation, By Deployment Type
12.5.3.4 Africa E-Invoicing Market Segmentation, By Application
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria E-Invoicing Market Segmentation, By Channel
12.5.3.5.2 Nigeria E-Invoicing Market Segmentation, By Deployment Type
12.5.3.5.3 Nigeria E-Invoicing Market Segmentation, By Application
12.5.3.6 South Africa
12.5.3.6.1 South Africa E-Invoicing Market Segmentation, By Channel
12.5.3.6.2 South Africa E-Invoicing Market Segmentation, By Deployment Type
12.5.3.6.3 South Africa E-Invoicing Market Segmentation, By Application
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa E-Invoicing Market Segmentation, By Channel
12.5.3.7.2 Rest of Africa E-Invoicing Market Segmentation, By Deployment Type
12.5.3.7.3 Rest of Africa E-Invoicing Market Segmentation, By Application
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America E-Invoicing Market Segmentation, by country
12.6.3 Latin America E-Invoicing Market Segmentation, By Channel
12.6.4 Latin America E-Invoicing Market Segmentation, By Deployment Type
12.6.5 Latin America E-Invoicing Market Segmentation, By Application
12.6.6 Brazil
12.6.6.1 Brazil E-Invoicing Market Segmentation, By Channel
12.6.6.2 Brazil E-Invoicing Market Segmentation, By Deployment Type
12.6.6.3 Brazil E-Invoicing Market Segmentation, By Application
12.6.7 Argentina
12.6.7.1 Argentina E-Invoicing Market Segmentation, By Channel
12.6.7.2 Argentina E-Invoicing Market Segmentation, By Deployment Type
12.6.7.3 Argentina E-Invoicing Market Segmentation, By Application
12.6.8 Colombia
12.6.8.1 Colombia E-Invoicing Market Segmentation, By Channel
12.6.8.2 Colombia E-Invoicing Market Segmentation, By Deployment Type
12.6.8.3 Colombia E-Invoicing Market Segmentation, By Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America E-Invoicing Market Segmentation, By Channel
12.6.9.2 Rest of Latin America E-Invoicing Market Segmentation, By Deployment Type
12.6.9.3 Rest of Latin America E-Invoicing Market Segmentation, By Application

13. Company Profiles
13.1 Basware Corporation
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Cegedim SA
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Comarch SA
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Coupa Software Inc.
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 IBM Corporation
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Nipendo Ltd.
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 SAP SE
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 The Sage Group plc
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Tradeshift.
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Transcepta LLC
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. Use Case and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


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