Report Overview

Global Cloud Accounting Software Market: Overview

Global Cloud Accounting Software Market is anticipated to reach USD xx million, at a CAGR of 8.5 % during the projection period 2019 - 2025. Accounting software records all the business transactions with its proper classification, for example, creditor liabilities, money due, finance, and preliminary parity. It essentially works as a bookkeeping data system and helps monitor incomes, transfers, performs tallies, and creates financial reports. In the long run, accounting software will help improve the effectiveness of accounting tasks and reduce costs. For example, documenting business charges which is a perplexing procedure needing monitoring of all business correspondences, the Accounting software helps make this procedure simpler by guaranteeing that all business budgetary subtleties are in one spot.

Accounting software increases productivity by helping monitor bookkeeping transactions or cash dealings across the business during an accounting period. It offers a superior solution for dealing with the records of a business, and manages account payables, account receivables, business finance, general record, and different business modules. Moreover, it also highlights precise financials of the organization, for efficient functionality leading to profitability. Many features of the software can be deployed by business enterprises as per the requirement. Also, paperless accounting supports the green movement for planet earth besides being time & cost-saving.

Global Cloud Accounting Software Market Segmentation

The Global Cloud Accounting Software Market is segmented on the basis of its Type, Application, and Regional demand. Based on its Type, the market is divided into Browser-based, SaaS and Application Service Providers (ASPs). In terms of Application, the market is divided into SMEs, Large Enterprises, and Other Users. Large Enterprises hold the major chunk of the accounting software market due to their enormous amount of transactions across different countries and divisions. Geographically, the Global Cloud Accounting Software Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Global Cloud Accounting Software Market: Regional Insights

The development of the Asia Pacific business accounting software market can be ascribed to factors, rising use of business bookkeeping portable applications and higher contribution of current advancements in the region. Also, the development of private companies and the rising acceptance of the cloud and SaaS showcase are expected to reinforce the development of the market. China records the greatest numbers of cloud accounting software users on cloud year over year due to tremendous business developments and users. Cloud administrations and SaaS, specifically, are extensively deployed by private enterprises in the region. Increasing requirement of online filing of various documents and income returns drive towards more usage of cloud accounting software as it facilitates the online submission and dealing.

Competitive Landscape

The major players in the Global Cloud Accounting Software Market include Xero Ltd., Unit4 Business Software Limited, Oracle Corporation, Microsoft Corporation, Intuit Inc., SAP SE, Sage Software Inc., Infor Inc., Epicor Software Corporation, among others.

Scope of the Report

By Type

Ø  Browser-based

Ø  SaaS

Ø  Application Service Providers (ASPs)

By Application

Ø  SMEs

Ø  Large Enterprises

Ø  Other Users

By Region

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Middle East and Africa

Ø  Latin America

The objective of the Study:

Ø  To analyze and estimate the Global Cloud Accounting Software Market size, in terms of value.

Ø  To examine the market segmentation carefully and estimate the market size, in terms of value, based on the region by segmenting the Global Cloud Accounting Software Market into five regions, namely, North America, Europe, Asia Pacific, Rest of the World and their leading countries.

Ø  To outline, categorize and project the Global Cloud Accounting Software Market based on Types of software, the application and Region.

Ø  To examine competitive developments in software type and applications used for administration within the Global Cloud Accounting Software Market.

Ø  To highlight market dynamics such as drivers, restraints, opportunities, and challenges and their impact.

Ø  To provide a detailed competitive landscape, including major players, their strategic profiles, and market shares.

Business Questions Answered by the Report:

Ø  How will the market drivers, restraints, and opportunities affect the market dynamics?

Ø  What will be the market size in terms of value and volume and market statistics with a detailed classification?

Ø  Which segment dominates the market or region, and which one will be the fastest-growing, and why?

Ø  Who are the key players in the market, and what is their share?

Ø  What is the strategy adopted by key players, and how does it affect the existing and new players?

Customization Scope for the Client:

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization as per client’s specific needs. The following customization options are available for the report:

Ø  Additional Company Information

Ø  Detail Analysis of five additional companies

Ø  Additional country analysis

Ø  Detailed segment analysis

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Global Cloud Accounting Software Industry Insights

4.1. Industry Value Chain Analysis

4.2. DROC Analysis

4.2.1.   Growth Drivers

4.2.2.   Restraints

4.2.3.   Opportunities

4.2.4.   Challenges

4.3. Technological Landscape

4.4. Regulatory Framework

4.5. Company market share analysis,2019

4.6. Porter’s Five forces analysis

4.6.1.   Bargaining Power of Suppliers

4.6.2.   Bargaining Power of Buyers

4.6.3.   Threat of New Entrants

4.6.4.   Threat of Substitutes

4.6.5.   Intensity of Rivalry

4.7. Strategic Outlook

5.    Global Cloud Accounting Software Market Overview

5.1. Market Size & Forecast 2016-2026

5.1.1.   By Value (USD)

5.2. Market Share & Forecast

5.2.1.   By Type

5.2.1.1.       Browser-based SaaS

5.2.1.2.       Application Service Providers (ASPs)

5.2.2.   By Application

5.2.2.1.       SMEs

5.2.2.2.       Large Enterprises

5.2.2.3.       Other Users

5.2.3.   By Region

5.2.3.1.       North America

5.2.3.2.       Europe

5.2.3.3.       Asia Pacific

5.2.3.4.       Latin America

5.2.3.5.       Middle East & Africa

6.    North America Cloud Accounting Software Market

6.1. Market estimates & forecast

6.1.1.   By Type

6.1.2.   By Application

6.1.3.   By Country

6.1.3.1.       U.S

6.1.3.2.       Canada

7.    Europe Cloud Accounting Software Market

7.1. Market estimates & forecast

7.1.1.   By Type

7.1.2.   By Application

7.1.3.   By Country

7.1.3.1.       Germany

7.1.3.2.       U.K

7.1.3.3.       France

7.1.3.4.       Italy

7.1.3.5.       Rest of Europe

8.    Asia Pacific Cloud Accounting Software Market

8.1. Market estimates & forecast

8.1.1.   By Type

8.1.2.   By Application

8.1.3.   By Country

8.1.3.1.       China

8.1.3.2.       India

8.1.3.3.       Japan

8.1.3.4.       Rest of APAC

9.    Latin America Cloud Accounting Software Market

9.1. Market estimates & forecast

9.1.1.   By Type

9.1.2.   By Application

9.1.3.   By Country

9.1.3.1.       Brazil

9.1.3.2.       Argentina

9.1.3.3.       Rest of Latin America

10.Middle East & Africa Cloud Accounting Software Market

10.1.             Market estimates & forecast

10.1.1.                By Type

10.1.2.                By Application

10.1.3.                By Country

10.1.3.1.    Saudi Arabia

10.1.3.2.    UAE

10.1.3.3.    South Africa

10.1.3.4.    Rest of MEA

11.Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)*

11.1.             Xero Ltd.

11.2.             Unit4 Business Software Limited

11.3.             Oracle Corporation

11.4.             Microsoft Corporation

11.5.             Intuit Inc.

11.6.             SAP SE

11.7.             Sage Software Inc.

11.8.             Infor Inc.

11.9.             Epicor Software Corporation

11.10.          Epicor

11.11.          Workday

11.12.          Yonyou

11.13.          Kingdee

11.14.          Acclivity

11.15.          FreshBooks

11.16.          Zoho

11.17.          Assit Cornerstone

11.18.          MEGI

11.19.          Reckon

11.20.          KashFlow

11.21.          Dropbox

11.22.          Carbonite

11.23.          Apptivo

11.24.          FinancialForce

11.25.          Wave Accounting Inc.

11.26.          Other Prominent Players

Strategic Recommendation

* Financial information of non-listed Companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable