Accounting Software Market Share

Statistics for the 2023 & 2024 Accounting Software market share, created by Mordor Intelligenceā„¢ Industry Reports. Accounting Software share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Team License

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Corporate License

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Market Share of Accounting Software Industry

The accounting software market is moderately consolidated. The top players occupy a significant share of the market. Moreover, existing players already have their client base, which doesn't want to switch to new players, and new players cannot sustain the market for a more extended period as they get acquired by the top players in the long run. Some key players include Oracle Corporation, Microsoft Corporation, Intuit Inc., SAP SE, Sage Software Inc., Infor Inc., Epicor Software Corporation, Xero Ltd., and Unit4 Business Software Limited.

  • March 2023 - Focus Softnet announced the launch of its new accounting software i.e FocusLyte which is a cloud-based system that assists in handling company's invoices and payments. The software is mainly designed for medium and small enterprises.
  • January 2023 - ezAccounting software from Halfpricesoft.com has been updated. The company has updated its software and made it available for the customers at no additional cost. The software will allow customers to process payroll and business tasks all in one easy and affordable software application. 

Accounting Software Market Leaders

  1. Oracle Corporation

  2. Microsoft Corporation

  3. SAP SE

  4. Xero Ltd

  5. Intuit Inc.

*Disclaimer: Major Players sorted in no particular order

Accounting Software Market Concentration

Accounting Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)