Global Business Accounting Software Market 2025-2029

Business Accounting Software Market 2025-2029

The business accounting software market is forecasted to grow by USD 4473.8 mn during 2024-2029, accelerating at a CAGR of 8.8% during the forecast period. The report on the business 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 increased regulatory compliance to protect customer data from breach, high focus on sustainability using green it, and increased need to improve agility of accounting.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's business accounting software market is segmented as below:

By Deployment

• Cloud-based
• On-premises

By End-user

• Large enterprises
• SMEs

By Component

• Software
• Services

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the emergence of business accounting mobile applications as one of the prime reasons driving the business accounting software market growth during the next few years. Also, introduction of optical character recognition (OCR) and increasing integration of business accounting software with big data will lead to sizable demand in the market.

The report on the business accounting software market covers the following areas:

• Business Accounting Software Market sizing
• Business Accounting Software Market forecast
• Business 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 business accounting software market vendors that include Epicor Software Corp., Expensify Inc., FreshBooks, Gridlex Inc., H and R Block Inc., Intuit Inc., Kashoo, Microsoft Corp., NatWest Group plc, Oracle Corp., Priority Software Ltd., Red Wing Software Inc, Roper Technologies Inc., Rydoo NV, Sage Group Plc, Salesforce Inc., SAP SE, Xero Ltd., ZipBooks, and Zoho Corp. Pvt. Ltd.. Also, the business 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 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. Show more