DUBLIN – (COMMERCIAL THREAD)–The âGlobal Accounting Services Market Opportunities and Strategies to 2023â report was added to ResearchAndMarkets.com offer.
This publisher’s report equips strategists, marketers, and senior management with the essential information they need to assess the global accounting services market.
The global accounting services market reached a value of nearly $ 574.4 billion in 2019, growing at a compound annual growth rate (CAGR) of 5.7% since 2015.
Growth over the historical period has resulted from globalization, from outsourcing back end operations to low cost economies. The factors that negatively affected growth during the historical period were accounting scandals, regulatory challenges and unstable political and social situations.
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The accounting services market is segmented by type of services into payroll services, tax preparation services, bookkeeping, financial auditing, and other accounting services. Bookkeeping, financial auditing and other accounting services was the largest segment of the accounting market, accounting for $ 424.18 billion or 73.8% of the total market in 2019. It is also expected to be the largest segment of the accounting market. fastest growing segment with a CAGR of 6.6. %.
North America was the largest region in the accounting services market, accounting for 42.6% of the global market in 2019. It was followed by Western Europe, Asia-Pacific, and other regions. Going forward, the fastest growing regions in the accounting services market will be South America and Eastern Europe, where the growth will be 8.4% and 7.7% respectively. between 2019 and 2023.
Market trend-based strategies for the accounting services market include investing in cloud-based accounting software, blockchain technology, communication technology, and artificial intelligence and companies should try to automate them. redundant processes that involve manual work. The business strategies adopted by large companies in the accounting services market include investing in technology to digitize the business, expanding into other geographies, integrating and gaining a competitive advantage and in acquisitions and mergers to strengthen their service offerings.
Main topics covered:
1. Executive Summary of Accounting Services Market
2. Table of contents
3. List of figures
4. List of tables
5. Structure of the report
6.1.1. Segmentation by geography
6.1.2. Segmentation by type
7. Characteristics of the accounting services market
7.1. Market definition
7.2. Segmentation by type of service
8. Accounting services market, supply chain analysis
8.1.2. Accounting service providers
8.1.3. End users
9. Accounting services market, product analysis – Examples of products / services
10. Information on clients in the accounting services market
10.1. Outsourced accounting increases customer satisfaction
10.2. Revenues from accounts receivable services increase
10.3. Accounting services are often outsourced by small businesses
11. Trends and strategies in the accounting services market
11.1. Cloud-based accounting software to improve efficiency
11.2. Blockchain technology for accounting practices to improve accuracy and compliance
11.3. Increase in outsourcing in accounting firms
11.4. Accounting services using new communication technologies
11.5. Artificial intelligence fully automates accounting tasks
12. Global Accounting Services Market Size and Growth
12.1. Market size
12.2. Historical market growth, value (in billions of dollars)
12.2.1. Market drivers 2015-2019
12.2.2. Constraints on the 2015-2019 market
12.3. Market growth forecast, value (in billions of dollars)
12.3.1. Market drivers 2019-2023
12.3.2. Market restrictions 2019-2023
13. Accounting services market, regional analysis
13.1. Global Accounting Services Market, 2019, by Region, Value (USD Billion)
13.2. Global Accounting Services Market, 2015-2023, Historical and Forecast, by Region
13.3. Global Accounting Services Market, 2019-2023, Growth and Market Share Comparison, by Region
14. Segmentation of the global accounting services market
14.1. Global Accounting Services Market, Segmentation by Service Type, 2015-2023, Value (USD Billion)
15. Comparison of the global accounting services market with macroeconomic factors
15.1. Accounting Services Market Size, Percent of GDP, Global
15.2. Average Accounting Services Market Spending Per Capita, Global
ADP (Automatic Data Processing, Inc.)
Alvarez and Marsal
BDO (Binder Dijker Otte) International Limited
Accounting Charles Ghadban
DSG Chartered Accountants
Ernst and Young
Italian Accountants Studio Del Gaizo Picchioni
KML Bookkeeping Services
Moore Stephens United Kingdom
Spira Twist & Associates
Studio International Tornamb
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