The Business Accounting Software Market report is equipped with market data from 2013 to 2023. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2018 to 2023. The detailed sales channel is also covered in the study.
Business accounting software is a type of either online or offline application software which is used to keep tracks of accounting transactions or to manage money flowing in and out of a business. Business accounting software is a better solution for managing account of a business and it can easily manage accounts payables, account receivables, general ledger, business’s payroll and other business modules. Business accounting software has a number of advantages such as it ensures accurate financials of the business, time-saver, convincing, cheaper operation and higher overall productivity. Such benefits of business accounting software make this software more acceptable in small businesses. Some popular business accounting software includes zoho books, quick books, ava tax and dynamics are available in market.
Scope of the Report:
This report studies the Business Accounting Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Business Accounting Software market by product type and applications/end industries.
Growing demand for advanced automated finance processes is one of the major reasons propelling the growth of the business accounting software market. Enormous amount of data from sources such as online bank transactions, loan applications, social media, in-stores, and online sales need to be collected and analyzed to gain meaningful operational insights.
One of the major drivers for this market is high focus on sustainability using green IT. The adoption of cloud, virtualization, software automation, and multi-tenancy helps organizations achieve energy efficiency and sustainability. The adoption of cloud is increasing as all organizations seek sustainability to remain competitive in the market.
The global Business Accounting Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Business Accounting Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Acclivity Group
- FreshBooks
- Intacct
- Intuit
- Microsoft
- Red Wing Software
- Sage Group
- SAP
- Xero
- Zoho
- Deltek
- FinancialForce.com
- Wave Accounting
- Xpenditure
- Yendo
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Commercial Accounting Software
- Enterprise Accounting Software
- Custom Accounting Software
Market Segment by Applications, can be divided into
- Manufacturing
- Service
- Retail