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Artificial Intelligence in Accounting Market, Global Outlook and Forecast 2024-2030

Artificial Intelligence in Accounting Market, Global Outlook and Forecast 2024-2030

  • Published on : 16 March 2024
  • Pages :155
  • Report Code:SMR-7922760

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Report overview

The global Artificial Intelligence in Accounting market was valued at US$ 444.2 million in 2023 and is projected to reach US$ 2675.3 million by 2030, at a CAGR of 28.8% during the forecast period.

This research report provides a comprehensive analysis of the Artificial Intelligence in Accounting market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Artificial Intelligence in Accounting market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Artificial Intelligence in Accounting, challenges faced by the industry, and potential opportunities for market players.
The global Artificial Intelligence in Accounting market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Artificial Intelligence in Accounting market presents opportunities for various stakeholders, including Automated Bookkeeping, Invoice Classification and Approvals. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Artificial Intelligence in Accounting market. Additionally, the growing consumer demand present avenues for market expansion.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate ?9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.25%, including software, hardware and services.
Key Features:
The research report on the Artificial Intelligence in Accounting market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Artificial Intelligence in Accounting market.
Market Overview: The report provides a comprehensive overview of the Artificial Intelligence in Accounting market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Hardware, Software), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Artificial Intelligence in Accounting market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Artificial Intelligence in Accounting market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Artificial Intelligence in Accounting market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Artificial Intelligence in Accounting market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Artificial Intelligence in Accounting market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Artificial Intelligence in Accounting market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Artificial Intelligence in Accounting, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Artificial Intelligence in Accounting market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Artificial Intelligence in Accounting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type

  • Hardware
  • Software
  • Service
  • Market segment by Application
  • Automated Bookkeeping
  • Invoice Classification and Approvals
  • Fraud and Risk Management
  • Others

Global Artificial Intelligence in Accounting 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

Major players covered

  • Microsoft (US)
  • AWS (US)
  • Xero (New Zealand)
  • Intuit (US)
  • Sage (England)
  • OSP (US)
  • UiPath (US)
  • Kore.ai (US)
  • AppZen (US)
  • YayPay (US)
  • IBM (US)
  • Google (US)
  • EY (UK)
  • Deloitte (US)
  • PwC (UK)
  • KPMG (Netherlands)
  • SMACC (Germany)
  • OneUp (US)
  • Vic.ai (US)
  • Hyper Anna (Australia)
  • Botkeeper (US)
  • MindBridge Analytics (Canada)

Outline of Major Chapters:
Chapter 1: Introduces the definition of Artificial Intelligence in Accounting, market overview.
Chapter 2: Global Artificial Intelligence in Accounting market size in revenue.
Chapter 3: Detailed analysis of Artificial Intelligence in Accounting 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 Artificial Intelligence in Accounting 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.