Japan E-Invoicing Market Overview
Market Size and Growth
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 303.5 Million
Market Forecast in 2033: USD 1,700.0 Million
Market Growth Rate: 19.3% (2025-2033)
According to the latest report by IMARC Group, the Japan e-invoicing market size reached USD 303.5 million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,700.0 million by 2033, exhibiting a CAGR of 19.3% from 2025 to 2033.
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Japan E-Invoicing Industry Trends and Drivers
Japan's e-invoicing market is evolving quickly, driven by the country's focus on digital transformation and a shifting regulatory landscape. The e-invoicing has steadily picked up pace across industries as organizations look to eliminate paper invoicing for efficiency, compliance, and cost savings. With government mandates and incentives, implementation now has a steady velocity of voluntary adoption across more than one industry with new exemptions and standardized invoices to support more thorough transactions and taxation. The shift of all invoicing to cloud-based solutions is an emerging trend, driven by continuing improvements and requests for scalability and security, plus the ability to connect with an organization's enterprise resource planning (ERP) system in a seamless/effective manner. The boom in e-commerce and the digital procurement and payment lifecycle in banking, finance, FMCG, and utilities have expanded the marketplace for various B2B, B2C and hybrid transactional models.
Organizations are taking advantage of automation across many supply chain activities so they can reduce labour-intensive manual work in invoicing (e.g. manual errors), capture accurate and real-time visibility, as well as develop stronger relationships with suppliers and customers, without barriers of paperwork. Additionally, as businesses embrace environmental sustainability, digital invoicing practices are anticipated to quickly transform towards more sustainable business strategies. Considering that ongoing collaborative advances will take place in addressing interoperability gaps and improving data protection and security, we recommend a rapid increase in e-invoicing adoption aligned with Japan's ambitions for greater operational transparency and economic digitization.
Japan E-Invoicing Market Segmentation
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan e-invoicing market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:
Channel Insights:
B2B
B2C
Others
Deployment Type Insights:
Cloud-based
On-premises
Application Insights:
Energy and Utilities
FMCG
E-Commerce
BFSI
Government
Others
Regional Insights:
Kanto Region
Kinki Region
Central/Chubu Region
Kyushu-Okinawa Region
Tohoku Region
Chugoku Region
Hokkaido Region
Shikoku Region
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Competitive Landscape
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of major companies in the Japan e-invoicing industry.
Key Highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current, and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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