Report overview
This report studies the Cloud (SaaS, Online) Accounting Software market, online accounting systems are specifically designed to be used through the Internet, rather than being installed locally onto company computers. This reduces information technology requirements like server hardware, backups and maintenance and shifts the expenditure from being a large up-front capital cost to a much smaller, but ongoing, monthly or annual fee.
This report aims to provide a comprehensive presentation of the global market for Cloud Accounting Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Accounting Service. This report contains market size and forecasts of Cloud Accounting Service in global, including the following market information:
Global Cloud Accounting Service Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Cloud Accounting Service market was valued at US$ 4925.6 million in 2023 and is projected to reach US$ 8462.8 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Cloud Accounting Software key players include Intuit, Xero, etc. Global top two manufacturers hold a share over 25%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, have a share over 55 percent.
In terms of product, Browser-based, SaaS is the largest segment, with a share over 80%. And in terms of application, the largest application is SMEs, followed by Large Enterprises, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cloud Accounting Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Accounting Service Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Cloud Accounting Service Market Segment Percentages, by Type, 2023 (%)
Browser-based, SaaS
Application Service Providers (ASPs)
Global Cloud Accounting Service Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Cloud Accounting Service Market Segment Percentages, by Application, 2023 (%)
SMEs
Large Enterprises
Other Users
Global Cloud Accounting Service Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Cloud Accounting Service Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Accounting Service revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Cloud Accounting Service revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Intuit
Sage
SAP
Oracle(NetSuite)
Microsoft
Infor
Epicor
Workday
Unit4
Xero
Yonyou
Kingdee
Acclivity
FreshBooks
Zoho
Assit Cornerstone
MEGI
Reckon
KashFlow
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Accounting Service, market overview.
Chapter 2: Global Cloud Accounting Service market size in revenue.
Chapter 3: Detailed analysis of Cloud Accounting Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Accounting Service in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
