- Home
- Industries
Aerospace And Defence
Agriculture
Automotive And Transportation
Banking And Finance
Business
Chemicals And Materials
Consumer And Retail
Electronics And Semiconductors
Food And Beverages
Machinery & Equipments
Manufacturing And Construction
Medical Devices
Others
Pharmaceuticals And Healthcare
Power And Energy
Sports
Technology
- Services
- News Room
- About us
- Contact Us
-
Global Accounting Software Industry Industry Market Dynamics & Strategic Insights 2021-2030
Accounting software is a type of application records and processes transactions of accounting within a functional module such as accounts receivable, accounts payable, journal, payroll, general ledger, and trial balance. Also, its purposes as an accounting information system. This software is developed in-house by the companies using it, bought from a third-party, or a combination of a third-party software application package with modification. This software is on-line based, accessed anywhere with any device which is desktop-based or internet-enabled. This software greatly in its complexity and cost. This software is used by accounting professionals, and business owners to manage accounts and process accounting transactions.
Global Accounting Software Market іѕ ѕеgmеntеd on the bаѕіѕ оf Component (Software, Services), Enterprise Size (Large Enterprises, Small And Medium Enterprises), Type (Spreadsheets, ERP, Custom Accounting Software, Tax Management), End-Use Industry (BFSI, IT And Telecommunication, Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Accounting Software Market wаѕ vаluеd аt UЅD 14,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.6% frоm 2021 tо 2030.
The report on Global Accounting Software Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Accounting Software Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Accounting Software Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Accounting Software Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Accounting Software Market.
Market Dynamics:
Increasing use of accounting software in the organization, due to it is used to keep track of accounting transactions, or to manage the money flowing in and out of business is one of the factors expected to drive the growth of the global market. The rising use of accounting software gives a better solution for managing the accounts of a business, easily manage account payables, account receivables, business payroll, general ledger, and other business modules is expected to fuel the growth of the global market. Moreover, the rising adoption of accounting software in the companies due to time-saving, cost-effective operation, and higher overall productivity features is expected to drive the growth of the global market during the forecast period.
However, rising concerns about data security is a factor expected to restrain market growth of the global market over the forecast period.
Segmental Analysis:
Among component segments, the software segment is expected to dominate the global market in terms of revenue over the forecast period. Increasing demand for services and up-gradation are factors expected to support the growth of this segment in the global market.
Among the enterprise size segments, the large enterprise segment is expected to maintain its dominance in the global accounting software market. The small and medium enterprises segment is anticipated to register moderate revenue growth in the global accounting software market.
Among the type segments, the ERP segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to the rising demand for accounting software from small and medium enterprises.
Among the end-use industry segments, the BFSI segment is expected to account for a major share in terms of revenue in the global market, due to the rising adoption of the accounting software application from banks and financial services.
Regional Analysis:
Asia Pacific accounting software market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global market. This is attributed to the rising penetration of business accounting mobile applications and the increasing adoption of modern technologies in the countries in the region. Furthermore, growing investment in the business sector is expected to bolster the growth of the global accounting software market. The growing deployment of cloud technology and increasing demand for accounting software in the region is further expected to drive the global accounting software market during the forecast period.
Global Accounting Software Market Segmentation:
Segmentation by Component:
• Software
• Services
Segmentation by Enterprise Size:
• Large Enterprises
• Small And Medium Enterprises
Segmentation by Type:
• Spreadsheets
• ERP
• Custom Accounting Software
• Tax Management
Segmentation by End-Use Industry:
• BFSI
• IT And Telecommunication
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Oracle
Sage Group Plc.
Workday
Zeta Software LLC
Infor
Microsoft Corporation
SAP SE
Intuit Inc.
Epicor Software Corporation
Xero Ltd.
Red Wing Software Inc.
Zoho Corporation
Global Accounting Software Market іѕ ѕеgmеntеd on the bаѕіѕ оf Component (Software, Services), Enterprise Size (Large Enterprises, Small And Medium Enterprises), Type (Spreadsheets, ERP, Custom Accounting Software, Tax Management), End-Use Industry (BFSI, IT And Telecommunication, Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Accounting Software Market wаѕ vаluеd аt UЅD 14,256.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 8.6% frоm 2021 tо 2030.
The report on Global Accounting Software Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Accounting Software Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Accounting Software Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Accounting Software Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Accounting Software Market.
Market Dynamics:
Increasing use of accounting software in the organization, due to it is used to keep track of accounting transactions, or to manage the money flowing in and out of business is one of the factors expected to drive the growth of the global market. The rising use of accounting software gives a better solution for managing the accounts of a business, easily manage account payables, account receivables, business payroll, general ledger, and other business modules is expected to fuel the growth of the global market. Moreover, the rising adoption of accounting software in the companies due to time-saving, cost-effective operation, and higher overall productivity features is expected to drive the growth of the global market during the forecast period.
However, rising concerns about data security is a factor expected to restrain market growth of the global market over the forecast period.
Segmental Analysis:
Among component segments, the software segment is expected to dominate the global market in terms of revenue over the forecast period. Increasing demand for services and up-gradation are factors expected to support the growth of this segment in the global market.
Among the enterprise size segments, the large enterprise segment is expected to maintain its dominance in the global accounting software market. The small and medium enterprises segment is anticipated to register moderate revenue growth in the global accounting software market.
Among the type segments, the ERP segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to the rising demand for accounting software from small and medium enterprises.
Among the end-use industry segments, the BFSI segment is expected to account for a major share in terms of revenue in the global market, due to the rising adoption of the accounting software application from banks and financial services.
Regional Analysis:
Asia Pacific accounting software market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global market. This is attributed to the rising penetration of business accounting mobile applications and the increasing adoption of modern technologies in the countries in the region. Furthermore, growing investment in the business sector is expected to bolster the growth of the global accounting software market. The growing deployment of cloud technology and increasing demand for accounting software in the region is further expected to drive the global accounting software market during the forecast period.
Global Accounting Software Market Segmentation:
Segmentation by Component:
• Software
• Services
Segmentation by Enterprise Size:
• Large Enterprises
• Small And Medium Enterprises
Segmentation by Type:
• Spreadsheets
• ERP
• Custom Accounting Software
• Tax Management
Segmentation by End-Use Industry:
• BFSI
• IT And Telecommunication
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Oracle
Sage Group Plc.
Workday
Zeta Software LLC
Infor
Microsoft Corporation
SAP SE
Intuit Inc.
Epicor Software Corporation
Xero Ltd.
Red Wing Software Inc.
Zoho Corporation
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
Select Licence Type
Connect with our sales team
Why Future Market Outlook
100%
Customer
Satisfaction
24x7+
Availability - we are always
there when you need us
200+
Fortune 50 Companies trust
Future Market Outlook
80%
of our reports are exclusive
and first in the industry
100%
more data
and analysis
1000+
reports published
till date
