GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Size, Share, Trends, Current and Future Analysis

admin by admin
June 23, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, June 23, 2022 ) According to a research report “Accounts Receivable Automation Market with COVID-19 Impact Analysis, by Component (Solutions (Credit Evaluation & Management and Collections Management) and Services), Organization Size, Deployment Mode, Vertical and Region – Global Forecast to 2027″ published by MarketsandMarkets, the global Accounts Receivable Automation Market size is estimated to grow from USD 3.3 billion in 2022 to USD 6.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The Accounts Receivable Automation Market is fuelled by the need to improve efficiency and productivity of workforce and demand for quick invoicing to reduce delay in payments. Moreover, the rising adoption of accounts receivable automation post-pandemic plays a key role in driving the growth of the Accounts Receivable Automation Market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186013726

By Deployment Mode, on-premises segment to hold the larger market size during the forecast period

The on-premises segment is estimated to account for a larger market share in the accounts receivable automation market. Enterprises prefer the on-premises deployment of accounts receivable solutions to gain complete control over their business accounts and transaction records. Organizations operating in BFSI, and healthcare verticals are expected to prefer the on-premises deploy
ment of the accounts receivable automation solution because these verticals deal with critical and sensitive data related to national income and healthcare.

By Vertical, consumer goods & retail segment to grow at the highest CAGR during the forecast period

The consumer goods & retail segment is expected to have the highest CAGR growth during the forecast period. The accounts receivables in the retail & consumer goods vertical refer to the entire payment collection process from customers in exchange for goods purchased. Retail companies are adopting accounts receivable automation solutions for various benefits including reduced transaction time, increased revenue, improved operational efficiency, and minimized operating costs.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=186013726

By Region, North America to account for the largest market size during the forecast period

North America is expected to hold the largest share in the accounts receivable automation market. North America is the most mature market in terms of accounts receivable automation solution adoption due to various factors such as the well-developed economy, penetration and adoption of innovative technologies, and increased competitiveness. The market in this region is already at a mature stage, and therefore, it is expected to witness slower growth compared to other regions. The presence of most of the top market vendors such as Oracle, Workday, Bottomline Technologies, BlackLine, HighRadius, and Kofax also plays a vital role in the growth of the North American accounts receivable automation market.

Market Players:

Major vendors in the accounts receivable automation market include Sage (UK), SAP (Germany), Oracle (US), Workday (US), Bottomline Technologies (US), Comarch (Poland), Esker (France), Zoho (India), BlackLine (US), and HighRadius (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com



Source link

Previous Post

Walnut Consumption Might Slow Down Cancer Progression

Next Post

Air Tickets to UAE, Qatar, Kuwait Become Costlier From Tamil Nadu. Here’s Why

RelatedPosts

Press Releases

UHT Processing Market Statistics, Growth, Trends & Forecasts

(EMAILWIRE.COM, February 03, 2023 ) According to a research report "UHT Processing Market by Mode of Operation (Direct,...

by admin
February 3, 2023
Press Releases

Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

(EMAILWIRE.COM, February 03, 2023 ) The Industrial PC Market is projected to grow from USD 5.0 billion in...

by admin
February 3, 2023
Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026
Press Releases

Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

 (EMAILWIRE.COM, February 03, 2023 ) The global Automotive Adhesive Tapes Market size was USD 8.5 billion in 2020 and is...

by admin
February 3, 2023
Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024
Press Releases

Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

 (EMAILWIRE.COM, February 03, 2023 ) The global Fatty Amines Market is projected to grow from USD 2.9 billion in...

by admin
February 3, 2023
Load More

POPULAR POSTS

  • MarketsandMarkets™

    Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • Oman cable unveils the Global Sustainability Academy

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • Russia's Novatek, India's GAIL poised to seal gas sales deal – Yahoo Finance UK
  • Company executives confident in China’s economy – Hellenic Shipping News Worldwide
  • OTM Mumbai, the gateway to Indian travel markets commences from 2-4 February at Jio World Convention Centre – Free Press Journal
  • UK markets watchdog blocks 'fin-fluencer'-led surge in misleading ads – Yahoo Finance UK

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC