Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

As per the analysis by Market
Research Future Reports (MRFR), the Global
Accounting Software Market is estimated to record a CAGR of 8.92% and
value USD 26,600 million during the forecast period from 2018 to 2024. The
increased demand for real time computing of applications is one of the most
important factors driving the global accounting software market 2020. Besides,
there has been an increasing adoption of database management systems, which
plays a vital role in expanding the market. Also, there has been a rise in
demand for business intelligence and analytics, which has propelled the global
market. Another major factor that elevates the demand the increasing trend of big
data analytics, analytics, and cloud computing.
Moreover, the rise in demand for
an advanced accounting solution, automated solution, and the fast adoption of
cloud-based accounting software are augmenting the presence of a market. On the
other hand, the established key players like Oracle Corporation, IBM
Corporation, and Microsoft Corporation are making significant investments into
the software market owing to the increasing demand from several verticals like
manufacturing, BFSI, healthcare, IT & Telecommunication among others. This
is another factor which is intensifying the market. Furthermore, several
opportunities are emerging from the amalgamation of artificial intelligence
with accounting and mobile-based accounting software. However, the concerns
regarding data security, expenses related to accounting software are the
factors that impede the growth of the accounting software market.
Request
a Free Sample @ https://www.marketresearchfuture.com/sample_request/7749
The forefront players of the global accounting software market are
SAP, Intuit Inc., Sage, Oracle, Xero Limited, Microsoft, Kingdee
Internation Software Group (HK) Ltd. Priority Software, Assist Cornerstone,
FreshBooks, Epicor, Tally Solutions Private Limited, yonyou (Hong Kong)
co., Ltd., Infor, Unit4, Workday, and few others. Intuit Inc., Sage, SAP, Oracle,
Microsoft, and Xero Ltd. is the top best-established companies in the
global accounting software market.
Segmentation:
The global accounting software
market can be segregated based on deployment, organization size, industry, and
region.
Based on deployment, the global
accounting software market can be classified into cloud-based
and On-premise.
Based on organization size, the
global accounting software market can be classified into small and medium
enterprises and large enterprises.
Based on industry, the global
accounting software market can be classified into Retail
& E-commerce, IT &
Telecommunication, BFSI, Manufacturing, Healthcare, and Others.
Based on region, the global
accounting software market can be classified into Europe, North America, and
Asia-Pacific.
Regional
Analysis:
The regional analysis of Europe, North America, and Asia-Pacific
has been conducted. As per the analysis by MRFR, the North American region
acquires the largest market share for the accounting software market. The
region consists of the established key players who are technically developed.
Besides, the presence of high-growth industry sectors such as healthcare, information technology, manufacturing, and
e-commerce and retail plays an important role in propelling the market.
The growth in the North American region is primarily dominated by the US and
Canada. The expansion of the market can be attributed to the rising demand for
cloud computing applications in the region. On the other hand, the Asia-Pacific
region is likely to grow at the fastest rate during the review period. The APAC
region consists of the fastest developing economies like India and China, who
are adopting the latest technologies at a swift pace.
Browse
Full Report Details @ https://www.marketresearchfuture.com/reports/accounting-software-market-7749
Table of Contents:
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope of the
Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
About
Market Research Future:
At Market Research Future
(MRFR), we enable our customers to unravel the complexity of various industries
through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR),
Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact:
Market Research Future
Office No. 524/528,
Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email:
sales@marketresearchfuture.com
Comments
Post a Comment