Accounting application Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by DEPLOYMENT-TYPE, by INDUSTRY VERTICALS and, by Type : Global Opportunity Analysis and Industry Forecast, 2023-2032

Accounting application is a software program that captures and records all accounting transactions. It includes various functions such as account receivable, account payable, inventory, and others. SAP SE, Infor, Oracle Corporation, IBM Corporation, and Epicor Software Corporation are some of the key players that operate in the accounting application market.

The growing need to streamline the accounting process to reduce manual efforts required for accounting data is expected to fuel the market during the forecast period. However, data security and privacy concerns are expected to restrict the market growth. Moreover, rise in the adoption of cloud-based subscription programs is one of the major opportunities for the accounting application market.

The report segments the accounting application market on the basis of component, deployment-type, industry verticals, and geography. On the basis of component, it is divided into software and services. On the basis of deployment type, it is segmented into on-premises and cloud. On the basis of industry-verticals, it is classified into banking financial services & insurance (BFSI), healthcare, manufacturing, government, IT & telecom, retail, and others. On the basis of geography, it covers North America, Europe, Asia-Pacific, and LAMEA.

The key players of the accounting application market are SAP SE, Infor, Oracle Corporation, IBM Corporation, Zoho Corporation Pvt. Ltd., Epicor Software Corporation, Workday, Inc., Sage Intacct, Inc., FreshBooks, and Kingdee.

Key Benefits

• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global accounting application market.
• In-depth analysis has been carried out in this report by constructing market estimations for key market segments.
• This report entails a detailed quantitative analysis of the current market and estimations which helps identify prevailing market opportunities.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Comprehensive analysis of all regions has been provided that determines prevailing opportunities in these geographies.

  Accounting application Market Report Highlights

Aspects	Details
By Component	SOFTWARE SERVICES
By Type	Spreadsheets ERP Custom Accounting Software Tax Management
By DEPLOYMENT-TYPE	ON-PREMISES CLOUD
By INDUSTRY VERTICALS	BANKING FINANCIAL SERVICES AND INSURANCE HEALTHCARE MANUFACTURING GOVERNMENT IT & TELECOM RETAIL OTHERS
By GEOGRAPHY	NORTH AMERICA U.S. Canada EUROPE UK Germany France Italy Spain Rest of Europe ASIA-PACIFIC China India Japan Australia South Korea Rest of Asia-Pacific LAMEA Latin America Middle East Africa
Key Market Players	IBM CORPORATION, FRESHBOOKS, SAGA INTACCT, INC., SAP SE, INFOR, KINGDEE, WORKDAY, INC., ORACLE CORPORATION, EPICOR SOFTWARE CORPORATION, ZOHO CORPORATION PVT.LTD.