Global Accounting Software Market Research Report by Forecast to 2024
Global Accounting Software Market Research Report by Forecast to 2024
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Global Accounting Software Market Research Report by Forecast to 2024
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Copyright © 2017 Market Research Future.
Global Accounting Software Market Research Report by Forecast to 2024
Summary Market Research Future (MRFR) in its latest report projects that the global accounting software market will post a strong CAGR of 8.92% from 2018 to 2024 and surpass a valuation of USD 26,600 million by 2024. Growing demand for advanced, automated, and efficient accounting solutions coupled with increased adoption of cloud-based accounting software are some of the key factors driving the market growth.
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Copyright Š 2017 Market Research Future.
Global Accounting Software Market Research Report by Forecast to 2024
Major Key Players: •
Intuit Inc.,
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Sage,
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SAP,
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Oracle,
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Microsoft,
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Xero Limited,
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Kingdee Internation Software Group (HK) Ltd.
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Priority Software
Segmentation: •
Intuit recently launched a new QuickBooks ProAdvisor Program in the US, Canada, and Australia. This new program is built into QuickBooks Online Accountant to support global accounting trends.
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In October 2018, Oracle launched new core-to-edge cloud security technologies that help to secure customer data and combat sophisticated cyber threats with layers of defense.
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Global Accounting Software Market Research Report by Forecast to 2024 •
Xero Limited recently announced its first full-featured API for bank feeds that enables banks, financial technology companies and financial institutions of all sizes to give their small business customers faster access to financial data directly from the platform.
Regional Analysis: On the basis of region, the market has been segmented into Europe, Asia Pacific (APAC), North America, South America, the Middle East, and Africa. Of these, North America commanded a 35.7% market share in 2018 and is likely to retain its top position over 2024. Technologically advanced countries such as the U.S. and Canada put North America at a desirable position in the global accounting software market. These countries are also the early adopters of new-age accounting solutions. There is a massive subscriber-base for accounting software in North America, which is expected to grow further in the forthcoming years. In addition, growth of end-use sectors such as healthcare, information technology, ecommerce, retail, manufacturing among others is an important growth enabler of the market. Asia Pacific and Europe are the other two important market for accounting software. The number self-owned businesses and SMEs have grown tremendously in region, which boosting investor confidence in these regions.
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Copyright Š 2017 Market Research Future.
Global Accounting Software Market Research Report by Forecast to 2024
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Copyright © 2017 Market Research Future.