As the global economy mends, the 2021 growth of Accounts Receivable & Accounts Payable Automation will have significant change from previous year. According to our (LP Information) latest study, the global Accounts Receivable & Accounts Payable Automation market size is USD million in 2022 from USD 2492.6 million in 2021, with a change of % between 2021 and 2022. The global Accounts Receivable & Accounts Payable Automation market size will reach USD 4908.9 million in 2028, growing at a CAGR of 10.2% over the analysis period.
The United States Accounts Receivable & Accounts Payable Automation market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Accounts Receivable & Accounts Payable Automation market, reaching US$ million by the year 2028. As for the Europe Accounts Receivable & Accounts Payable Automation landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Accounts Receivable & Accounts Payable Automation players cover SAP Ariba, Beanworks, Sage, and Xero, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Accounts Receivable & Accounts Payable Automation market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Cloud-based
On-premises
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
SMEs
Large Enterprises
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
SAP Ariba
Beanworks
Sage
Xero
Tipalti
Freshbooks
Stampli
MineralTree
AvidXchange
FinancialForce
Bill.com
PaySimple
BlueSnap (Armatic)
Oracle
Nvoicepay
Esker
SutiSoft
Emburse (Chrome River)
Zycus
FIS
Bottomline Technologies
Coupa Software
Comarch
Vanguard Systems
Procurify