Accounting Software Market to Grow in Demand | Size, Share and Revenue Forecast 2025 | Fortune Business Insights

The global Accounting Software market is showing a high growth due to increased IT coverage worldwide. As stated in a report by IDC, the total worldwide IT spending is estimated to be US$ 3.76 Tn by 2019

Increasing shift towards online platform to fuel demand in the global Accounting Software market. The market has been witnessing development of new technology. Fortune Business Insights has announced publishing of a report, titled “Accounting Software Market Size, Share and Global Trend by Deployment (Software as a Service (SaaS), On-Premise, Hybrid), Software Type (Commercial Accounting Software, Enterprise Accounting Software, Custom Accounting Software) and Geography Forecast till 2025”.

“Key players are expected to emphasize on integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global Accounting Software market,” said a lead analyst at Fortune Business Insights.

Top Players List:
• Oracle (NetSuite)
• Sage Group Plc.
• Workday Inc.
• Zeta Software LLC
• Infor Inc.
• Microsoft Corporation
• Intuit Inc.
• Epicor Software Corporation
• Xero Ltd.
• Red Wing Software Inc.
• Zoho Corporation
• MRI Software
• AccountMate Software Corporation
• Acumatica Inc.

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Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, rising adoption of e-financial services is expected to boost the global market.

Major Segments Mentioned:
• By Deployment
• By Software Type
• By Application
• By Industry Vertical
• By Geography

On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Accounting Software market.

Regional Analysis:
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to rising adoption of sedentary lifestyle in nations such as India and China.

The report also offers insights on the key players operating in the global Accounting Software market. Some of the organizations operating in the market are Accounting Software.

Major Table of Content for Accounting Software Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Accounting Software Market Analysis, Insights and Forecast, 2014-2025
6. North America Accounting Software Market Analysis, Insights and Forecast, 2014-2025
7. Europe Accounting Software Market Analysis, Insights and Forecast, 2014-2025
8. Asia Pacific Accounting Software Market Analysis, Insights and Forecast, 2014-2025
9. Middle East and Africa Accounting Software Market Analysis, Insights and Forecast, 2014-2025
10. Latin America Accounting Software Market Analysis, Insights and Forecast, 2014-2025
11. Competitive Landscape
12. Company Profile
13. Conclusion

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Release ID: 514540