The AI-Powered Receipt Automation Market is expected to be worth around USD 86.4 Bn by 2034, from USD 3.5 Bn in 2024, growing at a CAGR of 37.80% during the forecast period from 2025 to 2034. The market for AI-powered receipt automation is expanding as more businesses recognize the benefits of this technology to improve accuracy and efficiency in financial documentation processing. North America led the market with over 35.4% share and USD 1.2 bn in revenues, while the U.S. market was valued at $1.05 bn. The Large Enterprises segment dominated the market in 2024 with over 77.6% of market share. Current trends in the market include the integration of machine learning algorithms that improve the system’s accuracy over time by learning from corrections and adjustments made by users.
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