China Accounts Payable Automation Market to 2032
Overview
The China Accounts Payable Automation Market is expected to reach a 429.51 USD Million by 2032 and is projected to grow at a CAGR of 19.50% from 2025 to 2032.
Revenue, 2024 (USD Million)
170.06
Forecast, 2032 (USD Million)
429.51
CAGR, 2024 - 2032
19.50%
Report Coverage
China
China Accounts Payable Automation Market 2018-2032 USD Million
China Accounts Payable Automation Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 170.06 USD Million
- Projected Market Size (2032): 429.51 USD Million
- CAGR (2025-2032): 19.50%
Key Findings of China Accounts Payable Automation Market
- The China Accounts Payable Automation Market was valued at 170.06 USD Million in 2024.
- The China Accounts Payable Automation Market is likely to grow at a CAGR of 19.50% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Large Enterprise in Organization Size Segment accounted for the largest share of the market with a revenue of 112.31 USD Million
- The fastest growing segment Manufacturing in Vertical Segment grew Fastest with a CAGR of 21.34% during the forecast period from 2024 to 2032.
China Accounts Payable Automation Market Scope
China Accounts Payable Automation Market Segmentation & Scope
Component
- Services
- Solutions
Organization Size
- Small and Medium Enterprise
- Large Enterprise
Process
- Export
- Payment Execution
- Payment Authorization
- Invoice Approval
- Invoice Capture
Deployment Type
- Cloud
- On Premise
Vertical
- Others
- Automotive
- Government
- IT and Telecom
- Banking, Financial Services, and Insurance
- Healthcare
- Energy and Utilities
- Consumer Goods And Retail
- Manufacturing
China Accounts Payable Automation Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 170.06 USD Million |
| Market Value in 2032 | 429.51 USD Million |
| CAGR (2025-2032) | 19.50% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Organization Size,Process,Deployment Type,Vertical |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 170.06 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 170.06 USD Million in 2024.
Segments and Scope
-
China Accounts Payable Automation Market to 2032, By Component
- Solutions is the largest segment in China Accounts Payable Automation Market to 2032 with a revenue of 109.77 USD Million in the year 2024.
- Solutions is the Fastest growing segment in China Accounts Payable Automation Market to 2032 with a Growth rate of 20.32 % in forecast period 2025-2032.
-
China Accounts Payable Automation Market to 2032, By Organization Size
- Large Enterprise is the largest segment in China Accounts Payable Automation Market to 2032 with a revenue of 112.31 USD Million in the year 2024.
- Large Enterprise is the Fastest growing segment in China Accounts Payable Automation Market to 2032 with a Growth rate of 20.17 % in forecast period 2025-2032.
-
China Accounts Payable Automation Market to 2032, By Process
- Invoice Capture is the largest segment in China Accounts Payable Automation Market to 2032 with a revenue of 61.45 USD Million in the year 2024.
- Invoice Capture is the Fastest growing segment in China Accounts Payable Automation Market to 2032 with a Growth rate of 20.86 % in forecast period 2025-2032.
-
China Accounts Payable Automation Market to 2032, By Deployment Type
- On Premise is the largest segment in China Accounts Payable Automation Market to 2032 with a revenue of 106.61 USD Million in the year 2024.
- Cloud is the Fastest growing segment in China Accounts Payable Automation Market to 2032 with a Growth rate of 18.71 % in forecast period 2025-2032.
-
China Accounts Payable Automation Market to 2032, By Vertical
- Manufacturing is the largest segment in China Accounts Payable Automation Market to 2032 with a revenue of 39.59 USD Million in the year 2024.
- Manufacturing is the Fastest growing segment in China Accounts Payable Automation Market to 2032 with a Growth rate of 21.34 % in forecast period 2025-2032.
China Accounts Payable Automation Market Company Share Analysis
| Company Name |
|
||
| Oracle | |||
| SAP SE or an SAP affiliate company | |||
| FIS | |||
| AvidXchange, Inc. | |||
| BILL Operations, LLC. | |||
China Accounts Payable Automation Market Geographical Sales Distribution, 2018-2032 USD Million
China Accounts Payable Automation Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Accounts Payable Automation Market is segmented based on Segmentation Component,Organization Size,Process,Deployment Type,Vertical.
China Accounts Payable Automation Market was valued at USD 170.06(Revenue in USD Million) in 2020.
China Accounts Payable Automation Market is projected to grow at a CAGR of 19.50% during the forecast period of 2024 to 2032.
The Large Enterprise segment is expected to dominate the China Accounts Payable Automation Market, holding a largest market share of 112.31 USD Million in 2024
China Accounts Payable Automation Market Scope
China Accounts Payable Automation Market Segmentation & Scope
Component
- Services
- Solutions
Organization Size
- Small and Medium Enterprise
- Large Enterprise
Process
- Export
- Payment Execution
- Payment Authorization
- Invoice Approval
- Invoice Capture
Deployment Type
- Cloud
- On Premise
Vertical
- Others
- Automotive
- Government
- IT and Telecom
- Banking, Financial Services, and Insurance
- Healthcare
- Energy and Utilities
- Consumer Goods And Retail
- Manufacturing
Frequently Asked Questions
The China Accounts Payable Automation Market is segmented based on Segmentation Component,Organization Size,Process,Deployment Type,Vertical.
China Accounts Payable Automation Market was valued at USD 170.06(Revenue in USD Million) in 2020.
China Accounts Payable Automation Market is projected to grow at a CAGR of 19.50% during the forecast period of 2024 to 2032.
The estimated market value of the China Accounts Payable Automation Market for final year is USD 429.51 (USD Million).
China Accounts Payable Automation Market Company Profiling
Frequently Asked Questions
The China Accounts Payable Automation Market is segmented based on Segmentation Component,Organization Size,Process,Deployment Type,Vertical.
China Accounts Payable Automation Market was valued at USD 170.06(Revenue in USD Million) in 2020.
China Accounts Payable Automation Market is projected to grow at a CAGR of 19.50% during the forecast period of 2024 to 2032.
The estimated market value of the China Accounts Payable Automation Market for final year is USD 429.51 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.