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Accounting Software Market
Accounting Software Market
Accounting Software Market Share, Size, Trends, Industry Analysis Report, By Component, By Deployment Mode, By Enterprise Size, By Type, By Industry Vertical, By Application, By Region 2022-2030
Global Accounting Software Market, By Component (Solution, Services), By Deployment Mode (On Premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Type (Spreadsheets, Commercial Accounting Software, Enterprise Accounting Software, Custom Accounting Software), By Industry Vertical (BFSI, Retail & Ecommerce, Manufacturing, IT and Telecom, Healthcare, Government and Public Sector, Energy and Utilities, Media and Entertainment, Others) and Region - COVID-19 Impact Analysis and Forecast to 2028
Industry Overview:
Today, a significant trend is observed in the accounting software industry majorly as enterprises are proactively focusing to modernize finance operations to speed up data management, process & analyse data, and improve the efficiency of financial processes. As a result, the market for global accounting software is likely to fuel the market. Further, accelerated advent technologies such as AI-powered solution, automation accounting, big data, and analytics has further boosted organisation to transform unstructured and semi-structured data into structured and relevant data. This is further boosting the global accounting software market. For instance, on April 2021, Marg Erp launched the digital accounting software "Marg Books." Its customization features allow users to create descriptive categories according to their business profiles. In addition, its bank-to-bank payment system, which connects consumers with across 140 banks where payments can be accepted or sent without any hassle of logging into the bank portal.
Key Market Drivers:
Increasing demand for cloud-based accounting software is likely to drive the market.
Rising small & medium enterprises globally is further penetrating the accounting software market.
Key Market Restraint:
Data security & privacy concerns is likely to hinder market growth.
Key Players Covered:
Some of the key competitors in the Accounting Software market include Infor Inc., Intuit, Inc., Microsoft Corporation, Oracle Corporation, Sage Group Plc, SAP SE, Thomson Reuters, Xero Ltd, Zeta Software LLC, Zoho Corporation others
Regional Analysis:
North America dominate the global accounting software market owing to presence of major software providers operating in this region. Further, high investment spending by solution providers to introduce advanced technologies in its existing software solutions is further boosting the market.
Accounting Software Market Report Scope
Segmentation of the Global Accounting Software Market,2022 – 2030 |
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By Component |
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By Deployment Mode |
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By Enterprise Size |
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By Type |
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By Industry Vertical |
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By Region |
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Key Market Segmentation
Global Accounting Software Market- By Component
o Solution
o Services
Global Account Software Market- By Deployment Mode
o On Premise
o Cloud
Global Accounting Software Market- By Enterprise Size
o Large Enterprises
o SMEs
Global Account Software Market- By Type
o Spreadsheets
o Commercial Accounting Software
o Enterprise Accounting Software
o Custom Accounting Software
Global Accounting Software Market- By Industry Vertical
o BFSI
o Retail and Ecommerce
o Manufacturing
o IT and Telecom
o Healthcare
o Government and Public Sector
o Energy and Utilities
o Media and Entertainment
o Others
Global Accounting Software Market- By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Benelux
o Nordics
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
1. Methodology & Scope
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
1.5. List of abbreviations
2. Assumptions
3. Research Methodology
3.1. Data Mining
3.2. Secondary Research
3.3. Primary Research
3.4. Data Sources
3.5. Data Triangulation
3.6. Bottom-up Approach
3.7. Top Down Approach
4. Executive Summary
4.1. Market Overview
4.2. Global Accounting Software Market Geographical Analysis (CAGR %)
4.3. Global Accounting Software Market, By Component (US$ Million)
4.4. Global Accounting Software Market, By Deployment Mode (US$ Million)
4.5. Global Accounting Software Market, By Enterprise Size (US$ Million)
4.6. Global Accounting Software Market, By Type (US$ Million)
4.7. Global Accounting Software Market, By Industry Vertical (US$ Million)
4.8. Future Market Opportunities
4.9. Global Market Split
5. Market Dynamics
5.1. Market Drivers
5.2. Market Restraints
5.3. Opportunities Analysis
5.4. Emerging Trends Analysis
5.4.1. Demand Side Analysis
5.4.2. Supply Side Analysis
6. Key Insights
6.1. Macro and Micro Economic Indicators
6.2. Consolidated SWOT Analysis of Key Players.
6.3. Porter’s Five Forces Analysis
6.3.1. Bargaining power of buyers
6.3.2. Bargaining power of suppliers
6.3.3. Threat of new entrants
6.3.4. Threat of substitutes
6.3.5. Threat of rivalry
6.3.6. Market condition
6.4. PESTEL Analysis
6.5. Key Product Developments
6.6. Value Chain Analysis
6.7. Cost Structure Analysis
6.8. Price Trend Analysis
6.8.1. Weighted Average Price
6.8.2. Price Impact-COVID-19
7. Impact Analysis of COVID-19 on Global Accounting Software Market
7.1. Short Term Impact of COVID-19 on the Global Accounting Software Market
7.2. Long Term Impact of COVID-19 Global Accounting Software Market
7.3. Impact of COVID-19 on the Parent Market
7.4. Sales and Financial Analysis of Accounting Software Market
8. Global Accounting Software Market Analysis, Insights and Forecast, 2017-2028
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecasts
8.2.1. By Component (Value)
8.2.1.1. Solution
8.2.1.2. Services
8.2.2. By Deployment Mode (Value)
8.2.2.1. On premise
8.2.2.2. Cloud
8.2.3. By Enterprise Size (Value)
8.2.3.1. Large Enterprises
8.2.3.2. SMEs
8.2.4. By Type (Value)
8.2.4.1. Spreadsheets
8.2.4.2. Commercial Accounting Software
8.2.4.3. Enterprise Accounting Software
8.2.4.4. Custom Accounting Software
8.2.5. By Industry Vertical (Value)
8.2.5.1. BFSI
8.2.5.2. Retail and Ecommerce
8.2.5.3. Manufacturing
8.2.5.4. IT & Telecom
8.2.5.5. Healthcare
8.2.5.6. Government and Public Sector
8.2.5.7. Energy & Utilities
8.2.5.8. Media & Entertainment
8.2.5.9. Others
8.2.6. By Region (Value)
8.2.6.1. North America
8.2.6.2. Europe
8.2.6.3. Asia Pacific
8.2.6.4. Middle East and Africa
8.2.6.5. South America
9. North America Accounting Software Market Analysis, Insights and Forecast, 2017-2028
9.1. Market Size Estimates and Forecasts
9.1.1. By Component (Value)
9.1.1.1. Solution
9.1.1.2. Services
9.1.2. By Deployment Mode (Value)
9.1.2.1. On premise
9.1.2.2. Cloud
9.1.3. By Enterprise Size (Value)
9.1.3.1. Large Enterprises
9.1.3.2. SMEs
9.1.4. By Type (Value)
9.1.4.1. Spreadsheets
9.1.4.2. Commercial Accounting Software
9.1.4.3. Enterprise Accounting Software
9.1.4.4. Custom Accounting Software
9.1.5. By Industry Vertical (Value)
9.1.5.1. BFSI
9.1.5.2. Retail and Ecommerce
9.1.5.3. Manufacturing
9.1.5.4. IT & Telecom
9.1.5.5. Healthcare
9.1.5.6. Government and Public Sector
9.1.5.7. Energy & Utilities
9.1.5.8. Media & Entertainment
9.1.5.9. Others
9.1.6. By Country (Value)
9.1.6.1. U.S.
9.1.6.2. Canada
9.1.6.3. Mexico
10. Europe Accounting Software Market Analysis, Insights and Forecast, 2017-2028
10.1. Market Size Estimates and Forecasts
10.1.1. By Component (Value)
10.1.1.1. Solution
10.1.1.2. Services
10.1.2. By Deployment Mode (Value)
10.1.2.1. On premise
10.1.2.2. Cloud
10.1.3. By Enterprise Size (Value)
10.1.3.1. Large Enterprises
10.1.3.2. SMEs
10.1.4. By Type (Value)
10.1.4.1. Spreadsheets
10.1.4.2. Commercial Accounting Software
10.1.4.3. Enterprise Accounting Software
10.1.4.4. Custom Accounting Software
10.1.5. By Industry Vertical (Value)
10.1.5.1. BFSI
10.1.5.2. Retail and Ecommerce
10.1.5.3. Manufacturing
10.1.5.4. IT & Telecom
10.1.5.5. Healthcare
10.1.5.6. Government and Public Sector
10.1.5.7. Energy & Utilities
10.1.5.8. Media & Entertainment
10.1.5.9. Others
10.1.6. By Country (Value)
10.1.6.1. Germany
10.1.6.2. United Kingdom
10.1.6.3. France
10.1.6.4. Italy
10.1.6.5. Spain
10.1.6.6. Russia
10.1.6.7. Benelux
10.1.6.8. Nordics
10.1.6.9. Rest of Europe
11. Asia Pacific Accounting Software Market Analysis, Insights and Forecast, 2017-2028
11.1. Market Size Estimates and Forecasts
11.1.1. By Component (Value)
11.1.1.1. Solution
11.1.1.2. Services
11.1.2. By Deployment Mode (Value)
11.1.2.1. On premise
11.1.2.2. Cloud
11.1.3. By Enterprise Size (Value)
11.1.3.1. Large Enterprises
11.1.3.2. SMEs
11.1.4. By Type (Value)
11.1.4.1. Spreadsheets
11.1.4.2. Commercial Accounting Software
11.1.4.3. Enterprise Accounting Software
11.1.4.4. Custom Accounting Software
11.1.5. By Industry Vertical (Value)
11.1.5.1. BFSI
11.1.5.2. Retail and Ecommerce
11.1.5.3. Manufacturing
11.1.5.4. IT & Telecom
11.1.5.5. Healthcare
11.1.5.6. Government and Public Sector
11.1.5.7. Energy & Utilities
11.1.5.8. Media & Entertainment
11.1.5.9. Others
11.1.6. By Country (Value)
11.1.6.1. China
11.1.6.2. Japan
11.1.6.3. India
11.1.6.4. Southeast Asia
11.1.6.5. Oceania
11.1.6.6. Rest of Asia Pacific
12. Middle East and Africa Accounting Software Market Analysis, Insights and Forecast, 2017-2028
12.1. Market Size Estimates and Forecasts
12.1.1. By Component (Value)
12.1.1.1. Solution
12.1.1.2. Services
12.1.2. By Deployment Mode (Value)
12.1.2.1. On premise
12.1.2.2. Cloud
12.1.3. By Enterprise Size (Value)
12.1.3.1. Large Enterprises
12.1.3.2. SMEs
12.1.4. By Type (Value)
12.1.4.1. Spreadsheets
12.1.4.2. Commercial Accounting Software
12.1.4.3. Enterprise Accounting Software
12.1.4.4. Custom Accounting Software
12.1.5. By Industry Vertical (Value)
12.1.5.1. BFSI
12.1.5.2. Retail and Ecommerce
12.1.5.3. Manufacturing
12.1.5.4. IT & Telecom
12.1.5.5. Healthcare
12.1.5.6. Government and Public Sector
12.1.5.7. Energy & Utilities
12.1.5.8. Media & Entertainment
12.1.5.9. Others
12.1.6. By Country (Value)
12.1.6.1. South Africa
12.1.6.2. GCC
12.1.6.3. Rest of Middle East and Africa
13. South America Accounting Software Market Analysis, Insights and Forecast, 2017-2028
13.1. Market Size Estimates and Forecasts
13.1.1. By Component (Value)
13.1.1.1. Solution
13.1.1.2. Services
13.1.2. By Deployment Mode (Value)
13.1.2.1. On premise
13.1.2.2. Cloud
13.1.3. By Enterprise Size (Value)
13.1.3.1. Large Enterprises
13.1.3.2. SMEs
13.1.4. By Type (Value)
13.1.4.1. Spreadsheets
13.1.4.2. Commercial Accounting Software
13.1.4.3. Enterprise Accounting Software
13.1.4.4. Custom Accounting Software
13.1.5. By Industry Vertical (Value)
13.1.5.1. BFSI
13.1.5.2. Retail and Ecommerce
13.1.5.3. Manufacturing
13.1.5.4. IT & Telecom
13.1.5.5. Healthcare
13.1.5.6. Government and Public Sector
13.1.5.7. Energy & Utilities
13.1.5.8. Media & Entertainment
13.1.5.9. Others
13.1.6. By Country (Value)
13.1.6.1. Brazil
13.1.6.2. Argentina
13.1.6.3. Chile
13.1.6.4. Peru
13.1.6.5. Rest of South America
14. Competition Matrix
14.1. Business Strategies & Insights Adopted by Leading Players
15. Global Accounting Software Market Revenue Share Analysis, By Key Market Participants, 2021
16. Company Profiles
16.1. Infor Inc.
16.1.1. Company Overview
16.1.2. Description
16.1.3. Product Benchmarking
16.1.4. Financials Performance (Data as available in public domain and/or on paid databases)
16.1.5. Recent Developments
16.1.6. COVID – 19 Response
16.1.7. Strategy & Business Overview
Similar information shall be provided for all the below companies
17. Key Takeaways
18. Transcripts of the Primary Interview Respondents
Key Market Segmentation
Global Accounting Software Market- By Component
o Solution
o Services
Global Account Software Market- By Deployment Mode
o On Premise
o Cloud
Global Accounting Software Market- By Enterprise Size
o Large Enterprises
o SMEs
Global Account Software Market- By Type
o Spreadsheets
o Commercial Accounting Software
o Enterprise Accounting Software
o Custom Accounting Software
Global Accounting Software Market- By Industry Vertical
o BFSI
o Retail and Ecommerce
o Manufacturing
o IT and Telecom
o Healthcare
o Government and Public Sector
o Energy and Utilities
o Media and Entertainment
o Others
Global Accounting Software Market- By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Benelux
o Nordics
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
Report ID: VBI53
----------------- Feb-2023
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Format: PDF/Excel
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