Global Accounting Software Market 2024-2028
Accounting Software Market 2024-2028
The accounting software market is forecasted to grow by USD 6289.4 mn during 2023-2028, accelerating at a CAGR of 8.8% during the forecast period. The report on the accounting software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cloud-based accounting software, growing demand for automated accounting solutions, and increase in volume of enterprise data.
Technavio's accounting software market is segmented as below:
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the rising penetration of e-commerce platforms as one of the prime reasons driving the accounting software market growth during the next few years. Also, integration of ai with accounting and rise in adoption of mobile application accounting software will lead to sizable demand in the market.
The report on the accounting software market covers the following areas:
- Accounting Software Market sizing
- Accounting Software Market forecast
- Accounting Software Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading accounting software market vendors that include Acumatica Inc., Assist Cornerstone, Epicor Software Corp., Infor Inc., Intuit Inc., Kingdee International Software Group Co. Ltd., Microsoft Corp., MYOB Group, Oracle Corp., Reckon Ltd., Red Wing Software Inc, Saasu Pty Ltd., Sage Group Plc, SAP SE, Tally Solutions Pvt. Ltd., Unit4 Group Holding B.V., Xero Ltd., YonYou Network Technology Co. Ltd., Zeta Softwares Pvt. Ltd., and Zoho Corp. Pvt. Ltd.. Also, the accounting software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.