Market Overview:
The global accounting information system market is expected to grow at a CAGR of 7.8% from 2018 to 2030. The growth in the market can be attributed to the increasing adoption of cloud-based solutions and the need for real-time information by businesses. The accounting information system market is segmented on the basis of type, application, and region. On the basis of type, the accounting information system market is segmented into embedded accounting software packages, online solutions accounting software, and desktop non-embedded solutions accounting software. Embedded Accounting Software Packages are those that are preinstalled in enterprise resource planning (ERP) systems or other business applications such as customer relationship management (CRM) or human resources (HR). Online Solutions Accounting Software are those that offer cloud-based deployment models and provide anytime/anywhere access to users through a web browser.
Product Definition:
An accounting information system (AIS) is a system of collecting, processing, and reporting financial information for use in making business decisions. An AIS may be used by individuals within an organization or by external parties such as investors, creditors, and government regulators. The purpose of an AIS is to provide accurate and timely information that managers can use to make informed decisions about where to allocate resources and how to respond to financial risks.
Embedded Accounting Software Packages:
Embedded accounting software packages are used to record financial transactions and help users to analyze the data. It is widely used in small & medium enterprises as it helps them reduce their cost of operation, improve profitability and meet compliance requirements. The global embedded accounting software packages market size was valued at USD 1,37,500 million in 2016 which is anticipated to grow at a CAGR of XX% over the forecast period.
Online Solutions Accounting Software:
Online solutions accounting software is used to prepare an accruals basis financial statement and helps to generate the income statement, balance sheet, and cash flow. It also provides a general journal that can be used as a precursor for preparing other required financial documents such as the profit & loss accountants or the annual return. The online solution accounting software is capable of performing all these functions irrespective of whether it is being used by an individual or on behalf of an organization.
Application Insights:
The manufacturing accounting information system is expected to register the highest CAGR over the forecast period. The growth can be attributed to factors such as growing demand for M&A activities, increasing number of companies entering into joint ventures with foreign partners and an increase in domestic and international trade. The services segment accounted for a significant market share in 2017 owing to rising demand from medium-sized businesses and enterprises for their annual accounts, financial statements, tax returns preparation services.
The retail segment is anticipated to witness considerable growth over the forecast period due largely its expansionary nature coupled with high consumer spending on electronic goods & gadgets which has resulted in increased sales of accounting information systems at retail stores & outlets across the globe. Furthermore, retailers are increasingly using these solutions as they offer inventory management tools along with other features required by retailers such as store management reporting functionality that enables managers to analyze data from different departments within a store quickly.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing adoption of accounting information systems across various industries in U.S., which is further anticipated to drive growth during the forecast period. Furthermore, growing implementation of cloud-based solutions and technological advancements are also contributing towards market growth across this region.
Asia Pacific accounting information system market is projected to grow at a lucrative rate over the forecast period due to rising demand from service industries for online accounting software coupled with rapidly developing manufacturing sector in countries such as China, India, Indonesia and Vietnam among others). In addition, increasing government initiatives aimed at improving tax collection efficiency are likely boost regional growth further on account of rapid economic development taking place across several Asian countries including China and India among others).
Growth Factors:
- Increasing demand for automation in accounting and financial operations
- Proliferation of cloud-based solutions that offer flexibility and scalability
- Emergence of big data and analytics, which is helping organizations make better decisions
- Growing need to manage risk and compliance with increasing regulations
- Increased focus on enterprise resource planning (ERP) systems to improve operational efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Accounting Information System Market Research Report
By Type
Embedded Accounting Software Packages, Online Solutions Accounting Software, Desktop Non-embedded Solutions Accounting Software
By Application
Manufacturing, Services, Retail
By Companies
Intuit, Sage, SAP, Oracle (NetSuite), Microsoft, Infor, Epicor, Workday, Unit4, Xero, Yonyou, Kingdee, Acclivity, FreshBooks, Intacct, Assit cornerstone, Aplicor, Red wing, Tally Solutions Pvt. Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Accounting Information System Market Report Segments:
The global Accounting Information System market is segmented on the basis of:
Types
Embedded Accounting Software Packages, Online Solutions Accounting Software, Desktop Non-embedded Solutions Accounting Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Services, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intuit
- Sage
- SAP
- Oracle (NetSuite)
- Microsoft
- Infor
- Epicor
- Workday
- Unit4
- Xero
- Yonyou
- Kingdee
- Acclivity
- FreshBooks
- Intacct
- Assit cornerstone
- Aplicor
- Red wing
- Tally Solutions Pvt. Ltd.
Highlights of The Accounting Information System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Embedded Accounting Software Packages
- Online Solutions Accounting Software
- Desktop Non-embedded Solutions Accounting Software
- By Application:
- Manufacturing
- Services
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Accounting Information System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An accounting information system (AIS) is a computerized system used to manage financial and other business information. AIS can include features such as accounts receivable tracking, inventory management, and payroll processing.
Some of the major players in the accounting information system market are Intuit, Sage, SAP, Oracle (NetSuite), Microsoft, Infor, Epicor, Workday, Unit4, Xero, Yonyou, Kingdee, Acclivity, FreshBooks, Intacct, Assit cornerstone, Aplicor, Red wing, Tally Solutions Pvt. Ltd..
The accounting information system market is expected to grow at a compound annual growth rate of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Accounting Information System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Accounting Information System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Accounting Information System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Accounting Information System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Accounting Information System Market Size & Forecast, 2018-2028
4.5.1 Accounting Information System Market Size and Y-o-Y Growth
4.5.2 Accounting Information System Market Absolute $ Opportunity
Chapter 5 Global Accounting Information System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Accounting Information System Market Size Forecast by Type
5.2.1 Embedded Accounting Software Packages
5.2.2 Online Solutions Accounting Software
5.2.3 Desktop Non-embedded Solutions Accounting Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Accounting Information System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Accounting Information System Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Services
6.2.3 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Accounting Information System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Accounting Information System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Accounting Information System Analysis and Forecast
9.1 Introduction
9.2 North America Accounting Information System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Accounting Information System Market Size Forecast by Type
9.6.1 Embedded Accounting Software Packages
9.6.2 Online Solutions Accounting Software
9.6.3 Desktop Non-embedded Solutions Accounting Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Accounting Information System Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Services
9.10.3 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Accounting Information System Analysis and Forecast
10.1 Introduction
10.2 Europe Accounting Information System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Accounting Information System Market Size Forecast by Type
10.6.1 Embedded Accounting Software Packages
10.6.2 Online Solutions Accounting Software
10.6.3 Desktop Non-embedded Solutions Accounting Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Accounting Information System Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Services
10.10.3 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Accounting Information System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Accounting Information System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Accounting Information System Market Size Forecast by Type
11.6.1 Embedded Accounting Software Packages
11.6.2 Online Solutions Accounting Software
11.6.3 Desktop Non-embedded Solutions Accounting Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Accounting Information System Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Services
11.10.3 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Accounting Information System Analysis and Forecast
12.1 Introduction
12.2 Latin America Accounting Information System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Accounting Information System Market Size Forecast by Type
12.6.1 Embedded Accounting Software Packages
12.6.2 Online Solutions Accounting Software
12.6.3 Desktop Non-embedded Solutions Accounting Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Accounting Information System Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Services
12.10.3 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Accounting Information System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Accounting Information System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Accounting Information System Market Size Forecast by Type
13.6.1 Embedded Accounting Software Packages
13.6.2 Online Solutions Accounting Software
13.6.3 Desktop Non-embedded Solutions Accounting Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Accounting Information System Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Services
13.10.3 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Accounting Information System Market: Competitive Dashboard
14.2 Global Accounting Information System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intuit
14.3.2 Sage
14.3.3 SAP
14.3.4 Oracle (NetSuite)
14.3.5 Microsoft
14.3.6 Infor
14.3.7 Epicor
14.3.8 Workday
14.3.9 Unit4
14.3.10 Xero
14.3.11 Yonyou
14.3.12 Kingdee
14.3.13 Acclivity
14.3.14 FreshBooks
14.3.15 Intacct
14.3.16 Assit cornerstone
14.3.17 Aplicor
14.3.18 Red wing
14.3.19 Tally Solutions Pvt. Ltd.
