How big is the Accounting Software Market?

The Accounting Software Market size is expected to reach USD 19.74 billion in 2024 and grow at a CAGR of 9.20% to reach USD 30.66 billion by 2029. Read More

What is the current Accounting Software Market size?

In 2024, the Accounting Software Market size is expected to reach USD 19.74 billion. Read More

Who are the key players in Accounting Software Market?

Oracle Corporation, Microsoft Corporation, SAP SE, Xero Ltd and Intuit Inc. are the major companies operating in the Accounting Software Market. Read More

Which is the fastest growing region in Accounting Software Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Accounting Software Market?

In 2024, the North America accounts for the largest market share in Accounting Software Market. Read More

What years does this Accounting Software Market cover, and what was the market size in 2023?

In 2023, the Accounting Software Market size was estimated at USD 17.92 billion. The report covers the Accounting Software Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Accounting Software Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Accounting Software Market Analysis | Industry Growth, Size & Forecast Report

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

The Report Covers Global Accounting Software Market Companies & Industry Trends and It is Segmented by Deployment Type (On-Premises, Cloud-Based), Organization Size (Small and Medium Enterprises, Large Enterprises), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

Accounting Software Industry Overview

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.