Product Code: A17180
An accounting software program is a type of computer software that helps bookkeepers and accountants record and report a company's financial transactions. It is a computer application that aids in the creation, management, monitoring, and adjustment of the budget of a person or company. The storage and usage of budgeting data are centralized by accounting and budgeting software. This program provides all users with a uniform user experience and maintains a centralized database of all provided data. The modeling program uses the data in this database to create the budget model.
The adoption of accounting and budgeting software has expanded as a result of a growing trend among small and medium-sized enterprises to collaborate with e-commerce players and integrate with other web-based programs, such as automated bank feeds and automated billing capabilities. In addition, the rise in demand for automated accounting software and increase in acceptance of internet of things (IoT) & cloud-based services have driven the expansion of the worldwide accounting & budgeting software market. However, high implementation and integration costs required to incorporate this software with the existing systems are some of the factors that hamper the market growth. On the contrary, integration of advanced technologies such as artificial intelligence (AI), machine learning (ML), robotic process automation (RPA) and others in the software, is expected to boost the growth of the market in upcoming years. In addition, constant improvement in the system UI of accounting & budgeting software is expected to create lucrative opportunities for the market in future.
The accounting & budgeting software market is segmented into offering, type, application, enterprise size, industry vertical, and region. By offering, the market is differentiated into solution and services. Depending on type, it is fragmented into accounting software and budgeting software. The accounting software is further segmented into spreadsheets, commercial accounting software, enterprise accounting software, custom accounting software and others. The enterprise accounting software is further segregated into on-premise and cloud. The applications covered in the study include personal money management and business money management. The enterprise size segment is segregated into large enterprises and small and medium sized enterprises. Depending on industry vertical, it is segmented into BFSI, retail and e-commerce, manufacturing, IT and telecom, healthcare, government and public sector, energy and utilities and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The accounting & budgeting software market analysis includes top companies operating in the market such as Coupa Software, Inc., FreshBooks, Intuit Inc., Microsoft, MIP Fund Accounting, Oracle, Planful, Prophix, QuickBooks, Quicken, The Sage Group plc, SAP SE, Scoro Software, Vena Solutions, Wave Financial Inc., Xero Limited and Zoho Corporation Pvt. Ltd. These players have adopted various strategies to increase their market penetration and strengthen their position in the accounting and budgeting software industry.
Key Benefits For Stakeholders
- The study provides in-depth analysis of the global accounting & budgeting software market along with current trends and future estimations to illustrate the imminent investment pockets.
- Information about key drivers, restrains, & opportunities and their impact analysis on the global accounting & budgeting software market size are provided in the report.
- The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global accounting & budgeting software market from 2021 to 2031 is provided to determine the market potential.
Key Market Segments
By Offering
By Type
- Accounting Software
- Budgeting Software
By Application
- Personal Money Management
- Business Money Management
By Enterprise Size
- Large Enterprises
- Small and Medium Sized Enterprises
By Industry Vertical
- IT and Telecom
- Healthcare
- Government and Public Sector
- Energy and Utilities
- Others
- BFSI
- Retail and Ecommerce
- Manufacturing
By Region
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Coupa Software, Inc.
- FreshBooks
- Intuit Inc.
- Microsoft
- MIP Fund Accounting
- Oracle
- Planful
- Prophix
- QuickBooks
- Quicken
- The Sage Group plc
- SAP SE
- Scoro Software
- Vena Solutions
- Wave Financial Inc.
- Xero Limited
- Zoho Corporation Pvt. Ltd
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY OFFERING
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Solution
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Services
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
CHAPTER 5: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY TYPE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Accounting Software
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Budgeting Software
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY APPLICATION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Personal Money Management
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Business Money Management
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY ENTERPRISE SIZE
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Large Enterprises
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Small and Medium Sized Enterprises
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
CHAPTER 8: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY INDUSTRY VERTICAL
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 BFSI
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market analysis by country
- 8.3 Retail and Ecommerce
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market analysis by country
- 8.4 Manufacturing
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market analysis by country
- 8.5 IT and Telecom
- 8.5.1 Key market trends, growth factors and opportunities
- 8.5.2 Market size and forecast, by region
- 8.5.3 Market analysis by country
- 8.6 Healthcare
- 8.6.1 Key market trends, growth factors and opportunities
- 8.6.2 Market size and forecast, by region
- 8.6.3 Market analysis by country
- 8.7 Government and Public Sector
- 8.7.1 Key market trends, growth factors and opportunities
- 8.7.2 Market size and forecast, by region
- 8.7.3 Market analysis by country
- 8.8 Energy and Utilities
- 8.8.1 Key market trends, growth factors and opportunities
- 8.8.2 Market size and forecast, by region
- 8.8.3 Market analysis by country
- 8.9 Others
- 8.9.1 Key market trends, growth factors and opportunities
- 8.9.2 Market size and forecast, by region
- 8.9.3 Market analysis by country
CHAPTER 9: ACCOUNTING & BUDGETING SOFTWARE MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Offering
- 9.2.3 North America Market size and forecast, by Type
- 9.2.4 North America Market size and forecast, by Application
- 9.2.5 North America Market size and forecast, by Enterprise Size
- 9.2.6 North America Market size and forecast, by Industry Vertical
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Market size and forecast, by Offering
- 9.2.7.1.2 Market size and forecast, by Type
- 9.2.7.1.3 Market size and forecast, by Application
- 9.2.7.1.4 Market size and forecast, by Enterprise Size
- 9.2.7.1.5 Market size and forecast, by Industry Vertical
- 9.2.7.2 Canada
- 9.2.7.2.1 Market size and forecast, by Offering
- 9.2.7.2.2 Market size and forecast, by Type
- 9.2.7.2.3 Market size and forecast, by Application
- 9.2.7.2.4 Market size and forecast, by Enterprise Size
- 9.2.7.2.5 Market size and forecast, by Industry Vertical
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Offering
- 9.3.3 Europe Market size and forecast, by Type
- 9.3.4 Europe Market size and forecast, by Application
- 9.3.5 Europe Market size and forecast, by Enterprise Size
- 9.3.6 Europe Market size and forecast, by Industry Vertical
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 United Kingdom
- 9.3.7.1.1 Market size and forecast, by Offering
- 9.3.7.1.2 Market size and forecast, by Type
- 9.3.7.1.3 Market size and forecast, by Application
- 9.3.7.1.4 Market size and forecast, by Enterprise Size
- 9.3.7.1.5 Market size and forecast, by Industry Vertical
- 9.3.7.2 Germany
- 9.3.7.2.1 Market size and forecast, by Offering
- 9.3.7.2.2 Market size and forecast, by Type
- 9.3.7.2.3 Market size and forecast, by Application
- 9.3.7.2.4 Market size and forecast, by Enterprise Size
- 9.3.7.2.5 Market size and forecast, by Industry Vertical
- 9.3.7.3 France
- 9.3.7.3.1 Market size and forecast, by Offering
- 9.3.7.3.2 Market size and forecast, by Type
- 9.3.7.3.3 Market size and forecast, by Application
- 9.3.7.3.4 Market size and forecast, by Enterprise Size
- 9.3.7.3.5 Market size and forecast, by Industry Vertical
- 9.3.7.4 Italy
- 9.3.7.4.1 Market size and forecast, by Offering
- 9.3.7.4.2 Market size and forecast, by Type
- 9.3.7.4.3 Market size and forecast, by Application
- 9.3.7.4.4 Market size and forecast, by Enterprise Size
- 9.3.7.4.5 Market size and forecast, by Industry Vertical
- 9.3.7.5 Spain
- 9.3.7.5.1 Market size and forecast, by Offering
- 9.3.7.5.2 Market size and forecast, by Type
- 9.3.7.5.3 Market size and forecast, by Application
- 9.3.7.5.4 Market size and forecast, by Enterprise Size
- 9.3.7.5.5 Market size and forecast, by Industry Vertical
- 9.3.7.6 Russia
- 9.3.7.6.1 Market size and forecast, by Offering
- 9.3.7.6.2 Market size and forecast, by Type
- 9.3.7.6.3 Market size and forecast, by Application
- 9.3.7.6.4 Market size and forecast, by Enterprise Size
- 9.3.7.6.5 Market size and forecast, by Industry Vertical
- 9.3.7.7 Rest of Europe
- 9.3.7.7.1 Market size and forecast, by Offering
- 9.3.7.7.2 Market size and forecast, by Type
- 9.3.7.7.3 Market size and forecast, by Application
- 9.3.7.7.4 Market size and forecast, by Enterprise Size
- 9.3.7.7.5 Market size and forecast, by Industry Vertical
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Offering
- 9.4.3 Asia-Pacific Market size and forecast, by Type
- 9.4.4 Asia-Pacific Market size and forecast, by Application
- 9.4.5 Asia-Pacific Market size and forecast, by Enterprise Size
- 9.4.6 Asia-Pacific Market size and forecast, by Industry Vertical
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Market size and forecast, by Offering
- 9.4.7.1.2 Market size and forecast, by Type
- 9.4.7.1.3 Market size and forecast, by Application
- 9.4.7.1.4 Market size and forecast, by Enterprise Size
- 9.4.7.1.5 Market size and forecast, by Industry Vertical
- 9.4.7.2 Japan
- 9.4.7.2.1 Market size and forecast, by Offering
- 9.4.7.2.2 Market size and forecast, by Type
- 9.4.7.2.3 Market size and forecast, by Application
- 9.4.7.2.4 Market size and forecast, by Enterprise Size
- 9.4.7.2.5 Market size and forecast, by Industry Vertical
- 9.4.7.3 India
- 9.4.7.3.1 Market size and forecast, by Offering
- 9.4.7.3.2 Market size and forecast, by Type
- 9.4.7.3.3 Market size and forecast, by Application
- 9.4.7.3.4 Market size and forecast, by Enterprise Size
- 9.4.7.3.5 Market size and forecast, by Industry Vertical
- 9.4.7.4 Australia
- 9.4.7.4.1 Market size and forecast, by Offering
- 9.4.7.4.2 Market size and forecast, by Type
- 9.4.7.4.3 Market size and forecast, by Application
- 9.4.7.4.4 Market size and forecast, by Enterprise Size
- 9.4.7.4.5 Market size and forecast, by Industry Vertical
- 9.4.7.5 South Korea
- 9.4.7.5.1 Market size and forecast, by Offering
- 9.4.7.5.2 Market size and forecast, by Type
- 9.4.7.5.3 Market size and forecast, by Application
- 9.4.7.5.4 Market size and forecast, by Enterprise Size
- 9.4.7.5.5 Market size and forecast, by Industry Vertical
- 9.4.7.6 Singapore
- 9.4.7.6.1 Market size and forecast, by Offering
- 9.4.7.6.2 Market size and forecast, by Type
- 9.4.7.6.3 Market size and forecast, by Application
- 9.4.7.6.4 Market size and forecast, by Enterprise Size
- 9.4.7.6.5 Market size and forecast, by Industry Vertical
- 9.4.7.7 Rest of Asia-Pacific
- 9.4.7.7.1 Market size and forecast, by Offering
- 9.4.7.7.2 Market size and forecast, by Type
- 9.4.7.7.3 Market size and forecast, by Application
- 9.4.7.7.4 Market size and forecast, by Enterprise Size
- 9.4.7.7.5 Market size and forecast, by Industry Vertical
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Offering
- 9.5.3 LAMEA Market size and forecast, by Type
- 9.5.4 LAMEA Market size and forecast, by Application
- 9.5.5 LAMEA Market size and forecast, by Enterprise Size
- 9.5.6 LAMEA Market size and forecast, by Industry Vertical
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Market size and forecast, by Offering
- 9.5.7.1.2 Market size and forecast, by Type
- 9.5.7.1.3 Market size and forecast, by Application
- 9.5.7.1.4 Market size and forecast, by Enterprise Size
- 9.5.7.1.5 Market size and forecast, by Industry Vertical
- 9.5.7.2 Middle East
- 9.5.7.2.1 Market size and forecast, by Offering
- 9.5.7.2.2 Market size and forecast, by Type
- 9.5.7.2.3 Market size and forecast, by Application
- 9.5.7.2.4 Market size and forecast, by Enterprise Size
- 9.5.7.2.5 Market size and forecast, by Industry Vertical
- 9.5.7.3 Africa
- 9.5.7.3.1 Market size and forecast, by Offering
- 9.5.7.3.2 Market size and forecast, by Type
- 9.5.7.3.3 Market size and forecast, by Application
- 9.5.7.3.4 Market size and forecast, by Enterprise Size
- 9.5.7.3.5 Market size and forecast, by Industry Vertical
CHAPTER 10: COMPANY LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Key developments
CHAPTER 11: COMPANY PROFILES
- 11.1 Coupa Software, Inc.
- 11.1.1 Company overview
- 11.1.2 Company snapshot
- 11.1.3 Operating business segments
- 11.1.4 Product portfolio
- 11.1.5 Business performance
- 11.1.6 Key strategic moves and developments
- 11.2 FreshBooks
- 11.2.1 Company overview
- 11.2.2 Company snapshot
- 11.2.3 Operating business segments
- 11.2.4 Product portfolio
- 11.2.5 Business performance
- 11.2.6 Key strategic moves and developments
- 11.3 Intuit Inc.
- 11.3.1 Company overview
- 11.3.2 Company snapshot
- 11.3.3 Operating business segments
- 11.3.4 Product portfolio
- 11.3.5 Business performance
- 11.3.6 Key strategic moves and developments
- 11.4 Microsoft
- 11.4.1 Company overview
- 11.4.2 Company snapshot
- 11.4.3 Operating business segments
- 11.4.4 Product portfolio
- 11.4.5 Business performance
- 11.4.6 Key strategic moves and developments
- 11.5 MIP Fund Accounting
- 11.5.1 Company overview
- 11.5.2 Company snapshot
- 11.5.3 Operating business segments
- 11.5.4 Product portfolio
- 11.5.5 Business performance
- 11.5.6 Key strategic moves and developments
- 11.6 Oracle
- 11.6.1 Company overview
- 11.6.2 Company snapshot
- 11.6.3 Operating business segments
- 11.6.4 Product portfolio
- 11.6.5 Business performance
- 11.6.6 Key strategic moves and developments
- 11.7 Planful
- 11.7.1 Company overview
- 11.7.2 Company snapshot
- 11.7.3 Operating business segments
- 11.7.4 Product portfolio
- 11.7.5 Business performance
- 11.7.6 Key strategic moves and developments
- 11.8 Prophix
- 11.8.1 Company overview
- 11.8.2 Company snapshot
- 11.8.3 Operating business segments
- 11.8.4 Product portfolio
- 11.8.5 Business performance
- 11.8.6 Key strategic moves and developments
- 11.9 QuickBooks
- 11.9.1 Company overview
- 11.9.2 Company snapshot
- 11.9.3 Operating business segments
- 11.9.4 Product portfolio
- 11.9.5 Business performance
- 11.9.6 Key strategic moves and developments
- 11.10 Quicken
- 11.10.1 Company overview
- 11.10.2 Company snapshot
- 11.10.3 Operating business segments
- 11.10.4 Product portfolio
- 11.10.5 Business performance
- 11.10.6 Key strategic moves and developments
- 11.11 The Sage Group plc
- 11.11.1 Company overview
- 11.11.2 Company snapshot
- 11.11.3 Operating business segments
- 11.11.4 Product portfolio
- 11.11.5 Business performance
- 11.11.6 Key strategic moves and developments
- 11.12 SAP SE
- 11.12.1 Company overview
- 11.12.2 Company snapshot
- 11.12.3 Operating business segments
- 11.12.4 Product portfolio
- 11.12.5 Business performance
- 11.12.6 Key strategic moves and developments
- 11.13 Scoro Software
- 11.13.1 Company overview
- 11.13.2 Company snapshot
- 11.13.3 Operating business segments
- 11.13.4 Product portfolio
- 11.13.5 Business performance
- 11.13.6 Key strategic moves and developments
- 11.14 Vena Solutions
- 11.14.1 Company overview
- 11.14.2 Company snapshot
- 11.14.3 Operating business segments
- 11.14.4 Product portfolio
- 11.14.5 Business performance
- 11.14.6 Key strategic moves and developments
- 11.15 Wave Financial Inc.
- 11.15.1 Company overview
- 11.15.2 Company snapshot
- 11.15.3 Operating business segments
- 11.15.4 Product portfolio
- 11.15.5 Business performance
- 11.15.6 Key strategic moves and developments
- 11.16 Xero Limited
- 11.16.1 Company overview
- 11.16.2 Company snapshot
- 11.16.3 Operating business segments
- 11.16.4 Product portfolio
- 11.16.5 Business performance
- 11.16.6 Key strategic moves and developments
- 11.17 Zoho Corporation Pvt. Ltd
- 11.17.1 Company overview
- 11.17.2 Company snapshot
- 11.17.3 Operating business segments
- 11.17.4 Product portfolio
- 11.17.5 Business performance
- 11.17.6 Key strategic moves and developments