LONDON–(BUSINESS WIRE)–Jan 4, 2021–
The business accounting software market is poised to grow by USD 1.64 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period.
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Technavio has announced its latest market research report titled Global Business Accounting Software Market 2020-2024 (Graphic: Business Wire)
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The report on the business accounting software market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the modernization of finance operations.
The business accounting software market analysis includes Deployment segment and Geography Landscape. This study identifies the emergence of business accounting mobile applications as one of the prime reasons driving the business accounting software market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The business accounting software market covers the following areas:
Business Accounting Software Market Sizing
Business Accounting Software Market Forecast
Business Accounting Software Market Analysis
Companies Mentioned
- 2NDSITE Inc. (FreshBooks)
- Intuit Inc.
- Microsoft Corp.
- Oracle Corp.
- Priority Software Ltd.
- Red Wing Software Inc.
- SAP SE
- The Sage Group Plc
- Xero Ltd.
- Zoho Corp. Pvt. Ltd.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment placement
- Cloud-based – Market size and forecast 2019-2024
- On-premises – Market size and forecast 2019-2024
- Market opportunity by Deployment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 2NDSITE Inc. (FreshBooks)
- Intuit Inc.
- Microsoft Corp.
- Oracle Corp.
- Priority Software Ltd.
- Red Wing Software Inc.
- SAP SE
- The Sage Group Plc
- Xero Ltd.
- Zoho Corp. Pvt. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20210104005814/en/
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KEYWORD:
INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ACCOUNTING PROFESSIONAL SERVICES
SOURCE: Technavio Research
Copyright Business Wire 2021.
PUB: 01/04/2021 04:45 PM/DISC: 01/04/2021 04:45 PM
Copyright Business Wire 2021.
