DUBLIN – (COMMERCIAL THREAD)–The “Global Accounting Services Market Report 2021: Impact of COVID-19 and Recovery to 2030” report was added to ResearchAndMarkets.com offer.
This report provides strategists, marketers and senior management with the critical information they need to assess the global accounting services market in the aftermath of the COVID-19 shutdown.
The global accounting services market is expected to grow from $ 544.06 billion in 2020 to $ 573.29 billion in 2021 at a compound annual growth rate (CAGR) of 5.4%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 735.94 billion in 2025 at a CAGR of 6%.
Ernst & Young LLP
BDO International Ltd.
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North America was the largest region in the global accounting services market, accounting for 43% of the market in 2020. Western Europe was the second largest region, accounting for 35% of the global accounting services market. Africa was the smallest region in the global accounting services market.
Some accountants outsource typical basic accounting tasks such as payroll accounting, accounts payable, and accounts receivable to allow their employees to focus on higher value activities such as becoming vertical experts in the markets. of their customers and analyze their customers’ business data. This extra attention and analysis transforms the role of a traditional accountant into a corporate advisor and takes customer service to the next level by developing strong advisory-driven relationships. For example, QX Accounting Services (QXAS) Ltd provides outsourced accounting, financial and other services to accountants and accounting firms in the UK.
Regulatory reforms in the financial sector have increased the demand for accounting services such as bookkeeping and tax advice. For example, the Basel-3 standards will be implemented in 2019, increasing the demand for accounting services globally. Over the next five years, other major changes, such as the UK’s exit from the EU, will create additional demand for accounting consultants, thereby stimulating the market.
Main topics covered:
2. Structure of the report
3. Characteristics of the accounting services market
3.1. Market definition
3.2. Key segmentation
4. Product analysis of the accounting services market
4.1. Leading products / services
4.2. Main characteristics and differentiators
4.3. Development products
5. Supply chain of the accounting services market
5.1. Supply Chain
5.3. End customers
6. Information on clients in the accounting services market
6.1. Customer Preferences
6.2. End-use market size and growth
7. Trends and strategies in the accounting services market
8. Impact of COVID-19 on accounting services
9. Size and Growth of the Accounting Services Market
9.1. Market size
9.2. Historical market growth, value (in billions of dollars)
9.2.1. Market drivers
9.2.2. Market constraints
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market drivers
9.3.2. Market constraints
10. Regional Analysis Of Accounting Services Market
10.1. Global Accounting Services Market, 2020, by Region, Value (USD Billion)
10.2. Global accounting services market, 2015-2020, 2020-2025F, 2030F, historical and forecast, by region
10.3. Global Accounting Services Market, Growth and Market Share Comparison, By Region
11. Segmentation of the accounting services market
11.1. Global Accounting Services Market, Segmentation By Type
11.2. Global Accounting Services Market Segmentation By End Use Industry
12. Market Parameters for Accounting Services
12.1. Accounting Services Market Size, Percent of GDP, 2015-2025, Global
12.2. Average accounting services market expenditure per capita, 2015-2025, global
For more information on this report, visit https://www.researchandmarkets.com/r/88z2n2