Global Accounts Payable Automation Market Size & Outlook
Global accounts payable automation market, 2018-2030 (US$M)
Global accounts payable automation market highlights
- The global accounts payable automation market generated a revenue of USD 3,078.8 million in 2023 and is expected to reach USD 7,009.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.5% by 2030.
- In terms of segment, solution accounted for a revenue of USD 3,078.8 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,078.8 million |
| Market revenue in 2030 | USD 7,009.3 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 33.2% of the global accounts payable automation market in 2023.
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Accounts Payable Automation Market Scope
Accounts Payable Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global accounts payable automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to accounts payable automation market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global accounts payable automation market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Accounts Payable Automation Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Service
- Global Accounts Payable Automation Deployment Mode Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud
- Global Accounts Payable Automation Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises
- Large Enterprises
- Global Accounts Payable Automation Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Consumer Goods & Retail
- IT and Telecom
- Healthcare
- Government
- Others
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Our clientele includes a mix of accounts payable automation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global accounts payable automation market , including forecasts for subscribers. This global databook contains high-level insights into Global accounts payable automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global accounts payable automation market size, by regions, 2018-2030 (US$M)
Related regional statistics
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