Global Accounting Software Market Research Report 2023(Status and Outlook)

Global Accounting Software Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Accounting Software Market Size was estimated at USD 15180 million in 2022 and is projected to reach USD 24535.68 million by 2029, exhibiting a CAGR of 7.10% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Accounting Software market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Accounting Software Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Accounting Software market in any manner.

Global Accounting Software Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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.

Market Segmentation (by Type)

Embedded Accounting Software Packages

Online Solutions Accounting Software

Desktop Non-Embedded Solutions Accounting Software

Market Segmentation (by Application)

Mining Industry

Construction Industry

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Accounting Software Market

Overview of the regional outlook of the Accounting Software Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Accounting Software
1.2 Key Market Segments
1.2.1 Accounting Software Segment by Type
1.2.2 Accounting Software Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Accounting Software Market Overview
2.1 Global Accounting Software Market Size (M USD) Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Accounting Software Market Competitive Landscape
3.1 Global Accounting Software Revenue Market Share by Manufacturers (2018-2023)
3.2 Accounting Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturers Accounting Software Sales Sites, Area Served, Service Type
3.4 Accounting Software Market Competitive Situation and Trends
3.4.1 Accounting Software Market Concentration Rate
3.4.2 Global 5 and 10 Largest Accounting Software Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Accounting Software Value Chain Analysis
4.1 Accounting Software Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Accounting Software Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Accounting Software Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Accounting Software Market Size Market Share by Type (2018-2023)
6.3 Global Accounting Software Sales Growth Rate by Type (2019-2023)
7 Accounting Software Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Accounting Software Market Size (M USD) by Application (2018-2023)
7.3 Global Accounting Software Sales Growth Rate by Application (2019-2023)
8 Accounting Software Market Segmentation by Region
8.1 Global Accounting Software Market Size by Region
8.1.1 Global Accounting Software Market Size by Region
8.1.2 Global Accounting Software Market Share by Region
8.2 North America
8.2.1 North America Accounting Software Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Accounting Software Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Accounting Software Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Accounting Software Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Accounting Software Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Intuit
9.1.1 Intuit Accounting Software Basic Information
9.1.2 Intuit Accounting Software Product Overview
9.1.3 Intuit Accounting Software Product Market Performance
9.1.4 Intuit Business Overview
9.1.5 Intuit Accounting Software SWOT Analysis
9.1.6 Intuit Recent Developments
9.2 Sage
9.2.1 Sage Accounting Software Basic Information
9.2.2 Sage Accounting Software Product Overview
9.2.3 Sage Accounting Software Product Market Performance
9.2.4 Sage Business Overview
9.2.5 Sage Accounting Software SWOT Analysis
9.2.6 Sage Recent Developments
9.3 SAP
9.3.1 SAP Accounting Software Basic Information
9.3.2 SAP Accounting Software Product Overview
9.3.3 SAP Accounting Software Product Market Performance
9.3.4 SAP Business Overview
9.3.5 SAP Accounting Software SWOT Analysis
9.3.6 SAP Recent Developments
9.4 Oracle (NetSuite)
9.4.1 Oracle (NetSuite) Accounting Software Basic Information
9.4.2 Oracle (NetSuite) Accounting Software Product Overview
9.4.3 Oracle (NetSuite) Accounting Software Product Market Performance
9.4.4 Oracle (NetSuite) Business Overview
9.4.5 Oracle (NetSuite) Recent Developments
9.5 Microsoft
9.5.1 Microsoft Accounting Software Basic Information
9.5.2 Microsoft Accounting Software Product Overview
9.5.3 Microsoft Accounting Software Product Market Performance
9.5.4 Microsoft Business Overview
9.5.5 Microsoft Recent Developments
9.6 Infor
9.6.1 Infor Accounting Software Basic Information
9.6.2 Infor Accounting Software Product Overview
9.6.3 Infor Accounting Software Product Market Performance
9.6.4 Infor Business Overview
9.6.5 Infor Recent Developments
9.7 Epicor
9.7.1 Epicor Accounting Software Basic Information
9.7.2 Epicor Accounting Software Product Overview
9.7.3 Epicor Accounting Software Product Market Performance
9.7.4 Epicor Business Overview
9.7.5 Epicor Recent Developments
9.8 Workday
9.8.1 Workday Accounting Software Basic Information
9.8.2 Workday Accounting Software Product Overview
9.8.3 Workday Accounting Software Product Market Performance
9.8.4 Workday Business Overview
9.8.5 Workday Recent Developments
9.9 Unit4
9.9.1 Unit4 Accounting Software Basic Information
9.9.2 Unit4 Accounting Software Product Overview
9.9.3 Unit4 Accounting Software Product Market Performance
9.9.4 Unit4 Business Overview
9.9.5 Unit4 Recent Developments
9.10 Xero
9.10.1 Xero Accounting Software Basic Information
9.10.2 Xero Accounting Software Product Overview
9.10.3 Xero Accounting Software Product Market Performance
9.10.4 Xero Business Overview
9.10.5 Xero Recent Developments
9.11 Yonyou
9.11.1 Yonyou Accounting Software Basic Information
9.11.2 Yonyou Accounting Software Product Overview
9.11.3 Yonyou Accounting Software Product Market Performance
9.11.4 Yonyou Business Overview
9.11.5 Yonyou Recent Developments
9.12 Kingdee
9.12.1 Kingdee Accounting Software Basic Information
9.12.2 Kingdee Accounting Software Product Overview
9.12.3 Kingdee Accounting Software Product Market Performance
9.12.4 Kingdee Business Overview
9.12.5 Kingdee Recent Developments
9.13 Acclivity
9.13.1 Acclivity Accounting Software Basic Information
9.13.2 Acclivity Accounting Software Product Overview
9.13.3 Acclivity Accounting Software Product Market Performance
9.13.4 Acclivity Business Overview
9.13.5 Acclivity Recent Developments
9.14 FreshBooks
9.14.1 FreshBooks Accounting Software Basic Information
9.14.2 FreshBooks Accounting Software Product Overview
9.14.3 FreshBooks Accounting Software Product Market Performance
9.14.4 FreshBooks Business Overview
9.14.5 FreshBooks Recent Developments
9.15 Intacct
9.15.1 Intacct Accounting Software Basic Information
9.15.2 Intacct Accounting Software Product Overview
9.15.3 Intacct Accounting Software Product Market Performance
9.15.4 Intacct Business Overview
9.15.5 Intacct Recent Developments
9.16 Assit cornerstone
9.16.1 Assit cornerstone Accounting Software Basic Information
9.16.2 Assit cornerstone Accounting Software Product Overview
9.16.3 Assit cornerstone Accounting Software Product Market Performance
9.16.4 Assit cornerstone Business Overview
9.16.5 Assit cornerstone Recent Developments
9.17 Aplicor
9.17.1 Aplicor Accounting Software Basic Information
9.17.2 Aplicor Accounting Software Product Overview
9.17.3 Aplicor Accounting Software Product Market Performance
9.17.4 Aplicor Business Overview
9.17.5 Aplicor Recent Developments
9.18 Red wing
9.18.1 Red wing Accounting Software Basic Information
9.18.2 Red wing Accounting Software Product Overview
9.18.3 Red wing Accounting Software Product Market Performance
9.18.4 Red wing Business Overview
9.18.5 Red wing Recent Developments
9.19 Tally Solutions Pvt. Ltd.
9.19.1 Tally Solutions Pvt. Ltd. Accounting Software Basic Information
9.19.2 Tally Solutions Pvt. Ltd. Accounting Software Product Overview
9.19.3 Tally Solutions Pvt. Ltd. Accounting Software Product Market Performance
9.19.4 Tally Solutions Pvt. Ltd. Business Overview
9.19.5 Tally Solutions Pvt. Ltd. Recent Developments
10 Accounting Software Regional Market Forecast
10.1 Global Accounting Software Market Size Forecast
10.2 Global Accounting Software Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Accounting Software Market Size Forecast by Country
10.2.3 Asia Pacific Accounting Software Market Size Forecast by Region
10.2.4 South America Accounting Software Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Accounting Software by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Accounting Software Market Forecast by Type (2024-2029)
11.2 Global Accounting Software Market Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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