Accounts Receivable Automation Market by Component, Deployment Model, Enterprise Size & Industry – Global Market Analysis and Forecast (2020 – 2025).
Accounts Receivable Automation Market by Component, Deployment Model, Enterprise Size & Industry – Global Market Analysis and Forecast (2020 – 2025).
The Accounts Receivable Automation study provides a comprehensive overview of safety standards, market penetration, and innovation pipelines across major economies.
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The global accounts receivable automation market generated revenue of US$ 1.7 billion in 2020 and is expected to reach US$ 2.9 billion by 2025 with a CAGR of 11.1% in the forecast period. The accounts receivable automation market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global accounts receivable automation market. In qualitative terms, the accounts receivable automation market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of accounts receivable automation in various segments such as by component, deployment model, enterprise size, and industry at global, regional, and country-level. Also, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
Segment Analysis
The solution segment accounts for the dominating position in the market.
• Based on components, the accounts receivable automation market is segmented into solutions and services. The solution segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The service segment is further segmented into professional and managed services. The professional service segment accounts for the dominant position in the market in 2020 whereas the managed service segment is expected to grow with the highest CAGR in the forecast period.
The manufacturing industry accounts for the dominating position in the market.
• Based on application, the market for accounts receivable automation is segmented into consumer goods and retail, manufacturing, BFSI, IT and telecom, healthcare, energy and utilities, and others. Over the projection period, the manufacturing industry is expected to lead the accounts receivable automation market with the highest share. The healthcare is expected to grow with the highest CAGR during the forecast period.
The cloud-based deployment model is expected to grow with the highest CAGR in the forecast period.
• Based on the deployment model, the accounts receivable automation market is segmented into on-premises and cloud-based. The cloud-based deployment model is expected to grow with the highest CAGR during the forecast period. Also, on-premises hold a dominant market position in 2020 and are expected to remain dominant over the forecast period.
The large Enterprises segment accounts for the dominating position in the market.
• Based on enterprise size, the accounts receivable automation market is segmented into small & medium enterprises and large enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period.
North America accounts for the dominating position in the market.
• Based on the region, the accounts receivable automation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to contribute to the larger market share in 2020. The United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries in the world.
Accounts Receivable Automation Market Players:
• Some of the major players of the accounts receivable automation market are Bottomline Technologies, Inc., ComArch SA, Emagia Corporation, Esker, Inc., FinancialForce, HighRadius Corporation, Invoiced, Inc., Kofax Inc., Oracle Corporation, Rimilia Holdings Ltd, SAP SE, VersaPay Corp., Workday, Inc., YayPay Inc., Zoho Corporation Pvt. Ltd. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances, and mergers and acquisitions to create disruptive technologies and consumer networks.
The accounts receivable automation market report provides a detailed study on the following segments:
Accounts Receivable Automation Market, by Component
Solution
Services
• Professional Services
• Managed Services
Accounts Receivable Automation Market, by Deployment Model
On- Premises
Cloud Based
Accounts Receivable Automation Market, by Enterprise Size
Small & Medium Enterprises
Large Enterprises
Accounts Receivable Automation Market, by Industry
Consumer goods and retail
Manufacturing
BFSI
IT and Telecom
Healthcare
Energy and Utilities
Others (Government, transportation and logistics, and education)
Accounts Receivable Automation Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Key questions the report answers
• What are the major driving factors that accelerate the growth of the market
• What are the restraints which hinders the growth of the market
• What segment offers the most development opportunities
• Which region provides the key growth opportunity to the market
• Who are the major industry players
• What are the key strategies adopted by the market players
1. Introduction
2. Market Overview
2.1. Global Accounts Receivable Automation Market Introduction
2.2. Macro- Economic Factor
2.3. Market Determinants
2.3.1. Market Driver
2.3.2. Market Restraints
2.3.3. Market Opportunities
2.3.4. Market Challenges
2.4. Value Chain Analysis
2.5. Technology/Product Roadmap
2.6. Porters 5 Force Model
2.7. Market Growth Opportunity Analysis
3. Market Segmentation
3.1. Global Accounts Receivable Automation Market Analysis (US$ Mn), By Component, 2019 - 2025
3.1.1. Solution
3.1.2. Services
3.1.2.1. Professional Services
3.1.2.2. Managed Services
3.2. Global Accounts Receivable Automation Market Analysis (US$ Mn), By Deployment Model, 2019 – 2025
3.2.1. Cloud Based
3.2.2. On-Premises
3.3. Global Accounts Receivable Automation Market Analysis (US$ Mn), By Enterprise Size, 2019 – 2025
3.3.1. Large Enterprises
3.3.2. Small & Medium Enterprises
3.4. Global Accounts Receivable Automation Market Analysis (US$ Mn), By Industry, 2019 – 2025
3.4.1. Consumer goods and retail
3.4.2. Manufacturing
3.4.3. BFSI
3.4.4. IT and Telecom
3.4.5. Healthcare
3.4.6. Energy and Utilities
3.4.7. Others
4. Regional Analysis
4.1. North America Accounts Receivable Automation Market Analysis (US$ Mn), 2019 - 2025
4.1.1. By Country
4.1.1.1. U.S.
4.1.1.2. Canada
4.1.2. By Component
4.1.2.1. Solution
4.1.2.2. Services
4.1.2.2.1. Professional Services
4.1.2.2.2. Managed Services
4.1.3. By Deployment Model
4.1.3.1. Cloud Based
4.1.3.2. On-Premises
4.1.4. By Enterprise Size
4.1.4.1. Large Enterprises
4.1.4.2. Small & Medium Enterprises
4.1.5. By Industry
4.1.5.1. Consumer goods and retail
4.1.5.2. Manufacturing
4.1.5.3. BFSI
4.1.5.4. IT and Telecom
4.1.5.5. Healthcare
4.1.5.6. Energy and Utilities
4.1.5.7. Others
4.2. Europe Accounts Receivable Automation Market Analysis (US$ Mn), 2019 - 2025
4.2.1. By Country, 2019 – 2025
4.2.1.1. Germany
4.2.1.2. U.K.
4.2.1.3. France
4.2.1.4. Italy
4.2.1.5. Spain
4.2.1.6. Rest of Europe
4.2.2. By Component
4.2.2.1. Solution
4.2.2.2. Services
4.2.2.2.1. Professional Services
4.2.2.2.2. Managed Services
4.2.3. By Deployment Model
4.2.3.1. Cloud Based
4.2.3.2. On-Premises
4.2.4. By Enterprise Size
4.2.4.1. Large Enterprises
4.2.4.2. Small & Medium Enterprises
4.2.5. By Industry
4.2.5.1. Consumer goods and retail
4.2.5.2. Manufacturing
4.2.5.3. BFSI
4.2.5.4. IT and Telecom
4.2.5.5. Healthcare
4.2.5.6. Energy and Utilities
4.2.5.7. Others
4.3. Asia Pacific Accounts Receivable Automation Market Analysis (US$ Mn), 2019 - 2025
4.3.1. By Country, 2019 – 2025
4.3.1.1. China
4.3.1.2. Japan
4.3.1.3. India
4.3.1.4. Rest of Asia Pacific
4.3.2. By Component
4.3.2.1. Solution
4.3.2.2. Services
4.3.2.2.1. Professional Services
4.3.2.2.2. Managed Services
4.3.3. By Deployment Model
4.3.3.1. Cloud Based
4.3.3.2. On-Premises
4.3.4. By Enterprise Size
4.3.4.1. Large Enterprises
4.3.4.2. Small & Medium Enterprises
4.3.5. By Industry
4.3.5.1. Consumer goods and retail
4.3.5.2. Manufacturing
4.3.5.3. BFSI
4.3.5.4. IT and Telecom
4.3.5.5. Healthcare
4.3.5.6. Energy and Utilities
4.3.5.7. Others
4.4. Middle East & Africa Accounts Receivable Automation Market Analysis (US$ Mn), 2019 - 2025
4.4.1. By Region, 2019 – 2025
4.4.1.1. Middle East
4.4.1.2. Africa
4.4.2. By Component
4.4.2.1. Solution
4.4.2.2. Services
4.4.2.2.1. Professional Services
4.4.2.2.2. Managed Services
4.4.3. By Deployment Model
4.4.3.1. Cloud Based
4.4.3.2. On-Premises
4.4.4. By Enterprise Size
4.4.4.1. Large Enterprises
4.4.4.2. Small & Medium Enterprises
4.4.5. By Industry
4.4.5.1. Consumer goods and retail
4.4.5.2. Manufacturing
4.4.5.3. BFSI
4.4.5.4. IT and Telecom
4.4.5.5. Healthcare
4.4.5.6. Energy and Utilities
4.4.5.7. Others
4.5. Latin America Accounts Receivable Automation Market Analysis (US$ Mn), 2019 - 2025
4.5.1. By Country, 2019 – 2025
4.5.1.1. Brazil
4.5.1.2. Mexico
4.5.1.3. Rest of Latin America
4.5.2. By Component
4.5.2.1. Solution
4.5.2.2. Services
4.5.2.2.1. Professional Services
4.5.2.2.2. Managed Services
4.5.3. By Deployment Model
4.5.3.1. Cloud Based
4.5.3.2. On-Premises
4.5.4. By Enterprise Size
4.5.4.1. Large Enterprises
4.5.4.2. Small & Medium Enterprises
4.5.5. By Industry
4.5.5.1. Consumer goods and retail
4.5.5.2. Manufacturing
4.5.5.3. BFSI
4.5.5.4. IT and Telecom
4.5.5.5. Healthcare
4.5.5.6. Energy and Utilities
4.5.5.7. Others
5. Competitive Analysis
5.1. Company Share Analysis (%) 2019
5.2. List of Acquisition, Merger, Collaboration & New Product Launch
6. Company Profiles
6.1. Bottomline Technologies
6.2. Comarch
6.3. Emagia
6.4. Esker
6.5. Financialforce
6.6. Highradius
6.7. Invoiced
6.8. Kofax
6.9. Oracle
6.10. Rimilia
6.11. SAP
6.12. Versapay
6.13. Workday
6.14. Yaypay
6.15. Zoho
Research Methodology:
Accounts Receivable Automation Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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