China Accountancy Market Summary, Competitive Analysis and Forecast to 2028
Summary
Accountancy in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The accountancy market size includes revenues generated by firms involved in designing, preparing, and auditing accounting records. The market is categorized into three segments such as audit, tax, and advisory. Audit services include financial statement and due diligence audits. Tax services include corporate tax preparations, tax planning, and compliance with tax laws and regulations. Advisory services cover mergers and acquisitions (M&A), transaction services, valuation, risk management, sustainability consulting, and regulatory compliance.
- The Chinese accountancy market recorded total revenues of $17.4 billion in 2023, representing a compound annual growth rate (CAGR) of 7.8% between 2018 and 2023.
- The advisory segment accounted for the market's largest proportion in 2023, with total revenues of $8.7 billion, equivalent to 50.1% of the market's overall value.
- As per GlobalData, China accounted for a share of 7.5% of the global accountancy market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the accountancy market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the accountancy market in China
- Leading company profiles reveal details of key accountancy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China accountancy market with five year forecasts
- What was the size of the China accountancy market by value in 2023?
- What will be the size of the China accountancy market in 2028?
- What factors are affecting the strength of competition in the China accountancy market?
- How has the market performed over the last five years?
- What are the main segments that make up China's accountancy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What new products, services, and innovations have been launched in recent years?
- 7.4. What are the recent M&A deals by the leading players?
- 8 Company Profiles
- 8.1. Ruihua Certified Public Accountants
- 8.2. PricewaterhouseCoopers International Ltd
- 8.3. BDO International Limited
- 8.4. Deloitte Touche Tohmatsu Limited
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China accountancy market value: $ billion, 2018-23
- Table 2: China accountancy market category segmentation: % share, by value, 2018-2023
- Table 3: China accountancy market category segmentation: $ billion, 2018-2023
- Table 4: China accountancy market geography segmentation: $ billion, 2023
- Table 5: China accountancy market value forecast: $ billion, 2023-28
- Table 6: Ruihua Certified Public Accountants: key facts
- Table 7: Ruihua Certified Public Accountants: Key Employees
- Table 8: PricewaterhouseCoopers International Ltd: key facts
- Table 9: PricewaterhouseCoopers International Ltd: Key Employees
- Table 10: BDO International Limited: key facts
- Table 11: BDO International Limited: Key Employees
- Table 12: Deloitte Touche Tohmatsu Limited: key facts
- Table 13: Deloitte Touche Tohmatsu Limited: Key Employees
- Table 14: China size of population (million), 2019-23
- Table 15: China gdp (constant 2005 prices, $ billion), 2019-23
- Table 16: China gdp (current prices, $ billion), 2019-23
- Table 17: China inflation, 2019-23
- Table 18: China consumer price index (absolute), 2019-23
- Table 19: China exchange rate, 2019-23
- List of Figures
- Figure 1: China accountancy market value: $ billion, 2018-23
- Figure 2: China accountancy market category segmentation: $ billion, 2018-2023
- Figure 3: China accountancy market geography segmentation: % share, by value, 2023
- Figure 4: China accountancy market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the accountancy market in China, 2023
- Figure 6: Drivers of buyer power in the accountancy market in China, 2023
- Figure 7: Drivers of supplier power in the accountancy market in China, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the accountancy market in China, 2023
- Figure 9: Factors influencing the threat of substitutes in the accountancy market in China, 2023
- Figure 10: Drivers of degree of rivalry in the accountancy market in China, 2023
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