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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

By Component 

 

  1. Solution
  2. Services

By Deployment Mode

 

  1. On premise
  2. Cloud

By Enterprise Size

 

  1. Large Enterprises
  2. SMEs

By Type

 

  1. Spreadsheets
  2. Commercial Accounting Software
  3. Enterprise Accounting Software
  4. Custom Accounting Software

By Industry Vertical

 

  1. BFSI
  2. Retail and Ecommerce
  3. Manufacturing
  4. IT and Telecom
  5. Healthcare
  6. Government and Public Sector
  7. Energy and Utilities
  8. Media and Entertainment
  9. Others

By Region

 

  1. North America (U.S., Canada and Mexico)
  2. Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Nordics, Benelux and Rest of Europe)
  3. Asia Pacific (China, India, Japan, South Korea, Oceania, and Rest of Asia Pacific)
  4. Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)
  5. South America (Brazil, Argentina, Chile, Peru, and Rest of South America)

 

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

Frequently Asked Questions (FAQ):