Global Accounting Software Market: By Industry (BFSI, IT & Telecommunication, Manufacturing, Retail & E-commerce, Healthcare, and Others), By Deployment (On-premise and Cloud-Based), By Organization Size (SME and Large) and Region - Forecast Till 2024
Market analysis

Factors, for example, expanded interest for computerized arrangement, interest for cutting edge bookkeeping arrangement and quick selection of cloud-based bookkeeping programming are guiding business sector development. Moreover, worthwhile open doors are rising up out of combination of computerized reasoning with bookkeeping and portable/application based bookkeeping programming. In any case, extra expense related with bookkeeping programming and concerns in regards to information security are factors to some degree impeding the development of the accounting software market. The global accounting software market business sector is set to observe a CAGR of 8.92% during the projection time frame (2018-2024) and achieve a valuation of more than USD 26,600 million.

Market segmentation

The global accounting software market is segmented on the basis of its industry, organization size, deployment and regional demand. Based on its Industry, the global accounting software market is bifurcated into IT & Telecommunication, BFSI, Manufacturing, Healthcare, Retail & E-commerce, and Others. On the basis of its Organization Size, the global accounting software market is segmented into Large and SME. Based on its Deployment, the global accounting software market is bifurcated into cloud-based and on-premise.

Regional analysis

Based on its regional demand, the global accounting software market is classified into global regions including Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Assist Cornerstone, Epicor, Unit4, Tally Solutions Private Limited, yonyou (Hong Kong) co., Ltd., Infor, and Workday, Intuit Inc., Sage, SAP, Oracle, Microsoft, Xero Limited, Kingdee Internation Software Group (HK) Ltd. Priority Software, FreshBooks, among others are some of the major players in the global accounting software market.