Accounting Software Industry Research Report 2024

Accounting Software Industry Research Report 2024


Summary

Accounting software is a foundational technology for many companies, and as a business grows having a powerful, effective accounting solution becomes increasingly critical. Most accounting software packages offer the same basic features necessary for managing finances: accounts receivable, accounts payable, general ledger, billing and invoicing, purchase and sales orders, and reporting. Beyond basic functionality, the top accounting solutions offer additional features to give users more power, flexibility and customization. Oftentimes accounting solutions are closely integrated with other key software solutions. Most ERP solutions include an extensive accounting module, but buyers should also consider best-of-breed, standalone accounting software.
Accounting solutions target four segments. Entry Level software is the least expensive and with the least number of features and functionality. This segment is now split into Embedded Accounting Software packages, Online Solutions Accounting Software and Desktop Non-embedded Solutions Accounting Software. The Market is separated into Small to Medium Business (SMB) and Small to Medium Enterprise (SME.) Finally, there are the major Enterprise Resource Planning (ERP) solutions that are typically deployed in Fortune 500-size companies. In this report, the focus of this article is small to medium sized businesses, so in this report there is not involving the ERP solutions with large companies.
According to APO Research, The global Accounting Software market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Accounting Software is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Accounting Software is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Accounting Software is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Accounting Software include Intuit, Sage, SAP, Oracle (NetSuite), Microsoft, Infor, Epicor, Workday and Unit4, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Accounting Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Accounting Software.
The Accounting Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Accounting Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Intuit
Sage
SAP
Oracle (NetSuite)
Microsoft
Infor
Epicor
Workday
Unit4
Xero
Yonyou
Kingdee
Acclivity
FreshBooks
Intacct
Assit cornerstone
Aplicor
Red wing
Tally Solutions Pvt. Ltd.
Accounting Software segment by Type

Embedded Accounting Software Packages
Online Solutions Accounting Software
Desktop Non-Embedded Solutions Accounting Software
Accounting Software Segment by Application

Manufacturing
Services
Retail
Accounting Software Segment by Region

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Accounting Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Accounting Software and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Accounting Software.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Accounting Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Accounting Software by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 Embedded Accounting Software Packages
2.2.3 Online Solutions Accounting Software
2.2.4 Desktop Non-Embedded Solutions Accounting Software
2.3 Accounting Software by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Manufacturing
2.3.3 Services
2.3.4 Retail
2.4 Assumptions and Limitations
3 Accounting Software Breakdown Data by Type
3.1 Global Accounting Software Historic Market Size by Type (2019-2024)
3.2 Global Accounting Software Forecasted Market Size by Type (2025-2030)
4 Accounting Software Breakdown Data by Application
4.1 Global Accounting Software Historic Market Size by Application (2019-2024)
4.2 Global Accounting Software Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Accounting Software Market Perspective (2019-2030)
5.2 Global Accounting Software Growth Trends by Region
5.2.1 Global Accounting Software Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Accounting Software Historic Market Size by Region (2019-2024)
5.2.3 Accounting Software Forecasted Market Size by Region (2025-2030)
5.3 Accounting Software Market Dynamics
5.3.1 Accounting Software Industry Trends
5.3.2 Accounting Software Market Drivers
5.3.3 Accounting Software Market Challenges
5.3.4 Accounting Software Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Accounting Software Players by Revenue
6.1.1 Global Top Accounting Software Players by Revenue (2019-2024)
6.1.2 Global Accounting Software Revenue Market Share by Players (2019-2024)
6.2 Global Accounting Software Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Accounting Software Head office and Area Served
6.4 Global Accounting Software Players, Product Type & Application
6.5 Global Accounting Software Players, Date of Enter into This Industry
6.6 Global Accounting Software Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Accounting Software Market Size (2019-2030)
7.2 North America Accounting Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Accounting Software Market Size by Country (2019-2024)
7.4 North America Accounting Software Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Accounting Software Market Size (2019-2030)
8.2 Europe Accounting Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Accounting Software Market Size by Country (2019-2024)
8.4 Europe Accounting Software Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Accounting Software Market Size (2019-2030)
9.2 Asia-Pacific Accounting Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Accounting Software Market Size by Country (2019-2024)
9.4 Asia-Pacific Accounting Software Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Accounting Software Market Size (2019-2030)
10.2 Latin America Accounting Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Accounting Software Market Size by Country (2019-2024)
10.4 Latin America Accounting Software Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Accounting Software Market Size (2019-2030)
11.2 Middle East & Africa Accounting Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Accounting Software Market Size by Country (2019-2024)
11.4 Middle East & Africa Accounting Software Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 Intuit
12.1.1 Intuit Company Information
12.1.2 Intuit Business Overview
12.1.3 Intuit Revenue in Accounting Software Business (2019-2024)
12.1.4 Intuit Accounting Software Product Portfolio
12.1.5 Intuit Recent Developments
12.2 Sage
12.2.1 Sage Company Information
12.2.2 Sage Business Overview
12.2.3 Sage Revenue in Accounting Software Business (2019-2024)
12.2.4 Sage Accounting Software Product Portfolio
12.2.5 Sage Recent Developments
12.3 SAP
12.3.1 SAP Company Information
12.3.2 SAP Business Overview
12.3.3 SAP Revenue in Accounting Software Business (2019-2024)
12.3.4 SAP Accounting Software Product Portfolio
12.3.5 SAP Recent Developments
12.4 Oracle (NetSuite)
12.4.1 Oracle (NetSuite) Company Information
12.4.2 Oracle (NetSuite) Business Overview
12.4.3 Oracle (NetSuite) Revenue in Accounting Software Business (2019-2024)
12.4.4 Oracle (NetSuite) Accounting Software Product Portfolio
12.4.5 Oracle (NetSuite) Recent Developments
12.5 Microsoft
12.5.1 Microsoft Company Information
12.5.2 Microsoft Business Overview
12.5.3 Microsoft Revenue in Accounting Software Business (2019-2024)
12.5.4 Microsoft Accounting Software Product Portfolio
12.5.5 Microsoft Recent Developments
12.6 Infor
12.6.1 Infor Company Information
12.6.2 Infor Business Overview
12.6.3 Infor Revenue in Accounting Software Business (2019-2024)
12.6.4 Infor Accounting Software Product Portfolio
12.6.5 Infor Recent Developments
12.7 Epicor
12.7.1 Epicor Company Information
12.7.2 Epicor Business Overview
12.7.3 Epicor Revenue in Accounting Software Business (2019-2024)
12.7.4 Epicor Accounting Software Product Portfolio
12.7.5 Epicor Recent Developments
12.8 Workday
12.8.1 Workday Company Information
12.8.2 Workday Business Overview
12.8.3 Workday Revenue in Accounting Software Business (2019-2024)
12.8.4 Workday Accounting Software Product Portfolio
12.8.5 Workday Recent Developments
12.9 Unit4
12.9.1 Unit4 Company Information
12.9.2 Unit4 Business Overview
12.9.3 Unit4 Revenue in Accounting Software Business (2019-2024)
12.9.4 Unit4 Accounting Software Product Portfolio
12.9.5 Unit4 Recent Developments
12.10 Xero
12.10.1 Xero Company Information
12.10.2 Xero Business Overview
12.10.3 Xero Revenue in Accounting Software Business (2019-2024)
12.10.4 Xero Accounting Software Product Portfolio
12.10.5 Xero Recent Developments
12.11 Yonyou
12.11.1 Yonyou Company Information
12.11.2 Yonyou Business Overview
12.11.3 Yonyou Revenue in Accounting Software Business (2019-2024)
12.11.4 Yonyou Accounting Software Product Portfolio
12.11.5 Yonyou Recent Developments
12.12 Kingdee
12.12.1 Kingdee Company Information
12.12.2 Kingdee Business Overview
12.12.3 Kingdee Revenue in Accounting Software Business (2019-2024)
12.12.4 Kingdee Accounting Software Product Portfolio
12.12.5 Kingdee Recent Developments
12.13 Acclivity
12.13.1 Acclivity Company Information
12.13.2 Acclivity Business Overview
12.13.3 Acclivity Revenue in Accounting Software Business (2019-2024)
12.13.4 Acclivity Accounting Software Product Portfolio
12.13.5 Acclivity Recent Developments
12.14 FreshBooks
12.14.1 FreshBooks Company Information
12.14.2 FreshBooks Business Overview
12.14.3 FreshBooks Revenue in Accounting Software Business (2019-2024)
12.14.4 FreshBooks Accounting Software Product Portfolio
12.14.5 FreshBooks Recent Developments
12.15 Intacct
12.15.1 Intacct Company Information
12.15.2 Intacct Business Overview
12.15.3 Intacct Revenue in Accounting Software Business (2019-2024)
12.15.4 Intacct Accounting Software Product Portfolio
12.15.5 Intacct Recent Developments
12.16 Assit cornerstone
12.16.1 Assit cornerstone Company Information
12.16.2 Assit cornerstone Business Overview
12.16.3 Assit cornerstone Revenue in Accounting Software Business (2019-2024)
12.16.4 Assit cornerstone Accounting Software Product Portfolio
12.16.5 Assit cornerstone Recent Developments
12.17 Aplicor
12.17.1 Aplicor Company Information
12.17.2 Aplicor Business Overview
12.17.3 Aplicor Revenue in Accounting Software Business (2019-2024)
12.17.4 Aplicor Accounting Software Product Portfolio
12.17.5 Aplicor Recent Developments
12.18 Red wing
12.18.1 Red wing Company Information
12.18.2 Red wing Business Overview
12.18.3 Red wing Revenue in Accounting Software Business (2019-2024)
12.18.4 Red wing Accounting Software Product Portfolio
12.18.5 Red wing Recent Developments
12.19 Tally Solutions Pvt. Ltd.
12.19.1 Tally Solutions Pvt. Ltd. Company Information
12.19.2 Tally Solutions Pvt. Ltd. Business Overview
12.19.3 Tally Solutions Pvt. Ltd. Revenue in Accounting Software Business (2019-2024)
12.19.4 Tally Solutions Pvt. Ltd. Accounting Software Product Portfolio
12.19.5 Tally Solutions Pvt. Ltd. Recent Developments
13 Report Conclusion
14 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings