Australia Accounts Receivable Automation Market Size & Outlook

The accounts receivable automation market in Australia is expected to reach a projected revenue of US$ 320.1 million by 2030. A compound annual growth rate of 15.2% is expected of Australia accounts receivable automation market from 2024 to 2030.
Revenue, 2023 (US$M)
$118.9
Forecast, 2030 (US$M)
$320.1
CAGR, 2024 - 2030
15.2%
Report Coverage
Australia

Australia accounts receivable automation market highlights

  • The Australia accounts receivable automation market generated a revenue of USD 118.9 million in 2023 and is expected to reach USD 320.1 million by 2030.
  • The Australia market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Accounts receivable automation market data book summary

Market revenue in 2023USD 118.9 million
Market revenue in 2030USD 320.1 million
Growth rate15.2% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services


Other key industry trends

  • In terms of revenue, Australia accounted for 3.1% of the global accounts receivable automation market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China accounts receivable automation market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 269.4 million by 2030.

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Accounts Receivable Automation Market Companies

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Australia accounts receivable automation market size, by component, 2018-2030 (US$M)

Australia Accounts Receivable Automation Market Outlook Share, 2023 & 2030 (US$M)

Australia accounts receivable automation market size, by component, 2018-2030 (US$M)

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