October 6, 2022

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Insights on the Business Accounting Software Market 2020-2024: COVID-19 Industry Analysis, Market Drivers, Restraints, Opportunities, and Threats – Technavio

LONDON–(BUSINESS WIRE)–The business accounting software market is expected to grow by USD 1.64 bn, progressing at a CAGR of over 6{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} during the forecast period. Download Free Sample Report

The modernization of finance operations is one of the major factors propelling market growth.

More details: https://www.technavio.com/report/business-accounting-software-market-industry-analysis

Business Accounting Software Market: Deployment Landscape

Based on the deployment, the cloud-based segment is expected to witness lucrative growth during the forecast period.

Business Accounting Software Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 29{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} of the market’s overall growth is expected to originate from North America. The US is the key market for business accounting software in North America.

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Companies Covered:

  • 2NDSITE Inc. (FreshBooks)
  • Intuit Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • Priority Software Ltd.
  • Red Wing Software Inc.
  • SAP SE
  • The Sage Group Plc
  • Xero Ltd.
  • and Zoho Corp. Pvt. Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

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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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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.