New Jersey, USA -- (SBWIRE) -- 10/06/2022 -- Latest business intelligence report released on Global Accounting Software Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Accounting Software market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Intuit Inc. (United States), Sage Software Inc. (United States), SAP SE (Germany), Oracle Corporation (United States), Microsoft Corporation (United States), Infor Inc. (United States) , Horizon Technology Solutions (India), Zoho Corp (India), FreshBooks (Canada), NetSuite (United States), Deltek (United States),
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Brief Overview on Accounting Software:
Accounting software is a fundamental application that enables an organization to record the flow of money for internal and external review and auditing. It is the primary tool for assessing the financial health of an organization and for meeting legal compliance through tools like general ledgers, purchase orders, account payables & receivables, stock management, and billing.
Key Market Trends:
Users Prefer Cloud-Based Systems to On-Premise
The Adoption of Automation
The Era of Millennial Clients
Opportunities:
The Rising Demand for Accounting Software from the Micro & Small Scale Enterprises
Market Growth Drivers:
Increased Efficiency with the use of Accounting Software
Increasing Adoption of Cloud-based Applications
Ease of Integration with Existing Software Platforms
Challenges:
Competition is increasing due to Corporate Bookkeeping Firms
Scalability and customization
Lack of integrations
Segmentation of the Global Accounting Software Market:
by Type (Billing and invoicing systems, Payroll management systems, Enterprise resource planning systems, Time and expense management systems), Deployment Mode (Cloud-based, On-Premises), Organization Size (Small & Medium Size Enterprise, Large Enterprises), Platform (Windows, Mac, Android, Others), Industry Verticals (BFSI, IT & Telecommunications, Public & Government Sector, Automotive Sector, Retail & Consumer Goods, Oil & Gas, Manufacturing, Healthcare, Construction & Real Estate, Education, Media & Entertainment, Others), Pricing (Monthly Subscription, Annual Subscription, One-Time License)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2021
The base year for estimation – 2021
Estimated Year – 2022
Forecast period** – 2022 to 2027 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Accounting Software Market Study
Chapter 1: Exclusive Summary of the Accounting Software market
Chapter 2: Objective of Study and Research Scope the Accounting Software market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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