Global Accounting And Budgeting Software Market Major Players 2024, Forecast To 2033

8 Mar, 2024

Accounting and budgeting software market rose from $21.34 billion in 2023 to $23.86 billion in 2024, marking an 11.8% CAGR driven by digitization. Growth to $37.44 billion in 2028 (CAGR: 11.9%) is expected, propelled by cloud computing adoption and automation. Trends include mobile applications and data analytics integration.

Global Accounting And Budgeting Software Market Key Driver

The accounting and budgeting software market is witnessing growth driven by the rise in the number of startups, with a record high of 790,390 startup registrations in the UK in 2022. Accounting software streamlines financial management for startups, providing real-time insights crucial for informed decision-making during early growth stages.

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Global Accounting And Budgeting Software Market Segments

The accounting and budgeting software market covered in this report is segmented –
1) Type:Accounting Software, Budgeting Software
2) Deployment Type:On-Premise, Software as a Service (SaaS)
3) Enterprise Size:Large Enterprises, Small And Medium Sized Enterprises
4) Application:Personal Money Management, Business Money Management
5) Industry Vertical:Information Technology(IT) And Telecom, Healthcare, Government And Public Sector, Energy And Utilities, Banking, Financial Services and Insurance (BFSI), Retail and Ecommerce, Manufacturing, Other Industry Verticals
By Geography: The countries covered in the accounting and budgeting software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. North America was the dominate region in the accounting and budgeting software market in 2023. The regions covered in the accounting and budgeting software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Accounting And Budgeting Software Industry Players

Microsoft Corporation; Prophix Software Inc.; Oracle Corporation; SAP SE; Intuit Inc.; Wolters Kluwer N.V.; Blackbaud Inc.; Zoho Corporation Private Limited; Deltek Inc.; Xero Limited.; NetSuite Inc; Coupa Software Inc.; Odoo; Sage Group plc; Adaptive Inc.; Expensify Inc.; Planful Inc.; Acumatica Inc.; Wave Financial Inc.; FreshBooks; Workday Adaptive Planning; Chargebee Inc.; Scoro Software; FreeAgent; Questica; AccountMate Software Corporation; MIP Fund Accounting; 2ndSite Inc.; Kashoo; TimeCamp Inc.

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Accounting And Budgeting Software Market Overview

Accounting and budgeting software refers to computer programs or applications designed to assist businesses and individuals in managing their financial records, tracking income and expenses, preparing financial statements, and creating budgets. It is used to efficiently manage financial data and streamline financial processes for businesses and individuals by keeping track of an organization's actual expenditure and sales data versus budget, defining key performance indicators (KPIs), and reporting in real-time on the performance of your business.