Market Overview:
The global audit management and tracking software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based audit management and tracking software due to its advantages such as easy accessibility, low cost, and scalability. Additionally, the increasing adoption of mobile devices is also propelling the growth of the global audit management and tracking software market. However, lack of awareness about benefits offered by these software solutions is restraining the growth of this market.
Product Definition:
Audit Management and Tracking Software is used to manage and track the audits of a company. This software is important because it helps keep track of which audits have been completed, what tasks are still left to be done in an audit, and it can help generate reports on the audits that have been completed.
Cloud-based:
Cloud-based software is a type of software service model that provides shared computer resources over the internet. The cloud-based audit management and tracking software solutions are used to manage and store data on an electronic medium for easy access by multiple users. It helps in improving operational efficiency, streamlining business processes, reducing costs, increasing security & compliance risks along with providing flexibility to businesses.
Installed-PC:
Installed-PC is a term used for computers or devices that are preinstalled with software and hardware by the OEM during the purchase of a new computer. It includes desktops, laptops, tablets, smartphones and other mobile devices. The number of installed PCs in use today has increased significantly due to their widespread usage in enterprises as well as households for various purposes such as entertainment & gaming along with business applications.
Application Insights:
The Small & Medium Business (SMB) segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. SMBs are increasingly adopting cloud-based solutions to reduce costs associated with implementation, maintenance and security of data. Furthermore, growing demand for mobile applications that enable users to manage their business efficiently is propelling market growth. The installed-PC segment is also expected to register a significant CAGR during the forecast period owing to increasing penetration of global tracking software in personal computers worldwide.
Global audit management.
Large Businesses are also increasingly deploying these solutions due largely on factors such as complexity involved in managing multiple systems across different geographies coupled with rising need for improving internal controls over financial transactions conducted by businesses across all operations centers globally.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to early adoption of technology and presence of a large number of global players. Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due primarily growth in small & medium businesses sector, which leads them adopt GAMS software at an early stage. Moreover, increasing government initiatives are also contributing towards rapid adoption of GABS solutions across this region.
Growth Factors:
- Increasing demand for audit management and tracking software from small and medium-sized businesses (SMBs) due to the benefits it offers such as improved efficiency, compliance with regulatory requirements, and better risk management.
- The growing trend of outsourcing audit services to third-party service providers, which is driving the demand for audit management and tracking software.
- The increasing adoption of cloud-based solutions among organizations of all sizes due to its advantages such as scalability, flexibility, and cost-effectiveness.
- The rising number of data breaches and cyber attacks that are prompting organizations to adopt robust security measures including the use of audit management and tracking software for timely detection and prevention of such incidents.
Scope Of The Report
Report Attributes
Report Details
Report Title
Audit Management and Tracking Software Market Research Report
By Type
Cloud-based, Installed-PC, Installed-mobile
By Application
Small & Medium Business, Large Business, Other Organizations
By Companies
ComplianceBridge, Tronixss, Reflexis Systems, SAI Global, Isolocity, Insight Lean Solutions, AuditFile, Resolver, Gensuite, Wolters Kluwer/TeamMate, Plan Brothers, Optial, Perillon Software, ProcessGene, Oversight Systems, MasterControl
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Audit Management and Tracking Software Market Report Segments:
The global Audit Management and Tracking Software market is segmented on the basis of:
Types
Cloud-based, Installed-PC, Installed-mobile
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
Small & Medium Business, Large Business, Other Organizations
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:
- ComplianceBridge
- Tronixss
- Reflexis Systems
- SAI Global
- Isolocity
- Insight Lean Solutions
- AuditFile
- Resolver
- Gensuite
- Wolters Kluwer/TeamMate
- Plan Brothers
- Optial
- Perillon Software
- ProcessGene
- Oversight Systems
- MasterControl
Highlights of The Audit Management and Tracking Software 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:
- Cloud-based
- Installed-PC
- Installed-mobile
- By Application:
- Small & Medium Business
- Large Business
- Other Organizations
- 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 Audit Management and Tracking Software 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.
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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?
Audit management and tracking software is a computer program that helps organizations track the progress of audits, identify issues early, and manage corrective actions. It can also help ensure that audits are conducted in a consistent manner across multiple organizations.
Some of the major players in the audit management and tracking software market are ComplianceBridge, Tronixss, Reflexis Systems, SAI Global, Isolocity, Insight Lean Solutions, AuditFile, Resolver, Gensuite, Wolters Kluwer/TeamMate, Plan Brothers, Optial, Perillon Software, ProcessGene, Oversight Systems, MasterControl.
The audit management and tracking software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audit Management and Tracking Software 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 Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size & Forecast, 2018-2028
4.5.1 Audit Management and Tracking Software Market Size and Y-o-Y Growth
4.5.2 Audit Management and Tracking Software Market Absolute $ Opportunity
Chapter 5 Global Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 Installed-PC
5.2.3 Installed-mobile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Applications
6.2.1 Small & Medium Business
6.2.2 Large Business
6.2.3 Other Organizations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audit Management and Tracking Software 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 Audit Management and Tracking Software 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 Audit Management and Tracking Software Analysis and Forecast
9.1 Introduction
9.2 North America Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 Installed-PC
9.6.3 Installed-mobile
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 Audit Management and Tracking Software Market Size Forecast by Applications
9.10.1 Small & Medium Business
9.10.2 Large Business
9.10.3 Other Organizations
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 Audit Management and Tracking Software Analysis and Forecast
10.1 Introduction
10.2 Europe Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 Installed-PC
10.6.3 Installed-mobile
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 Audit Management and Tracking Software Market Size Forecast by Applications
10.10.1 Small & Medium Business
10.10.2 Large Business
10.10.3 Other Organizations
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 Audit Management and Tracking Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 Installed-PC
11.6.3 Installed-mobile
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 Audit Management and Tracking Software Market Size Forecast by Applications
11.10.1 Small & Medium Business
11.10.2 Large Business
11.10.3 Other Organizations
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 Audit Management and Tracking Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Audit Management and Tracking Software 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 Audit Management and Tracking Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 Installed-PC
12.6.3 Installed-mobile
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 Audit Management and Tracking Software Market Size Forecast by Applications
12.10.1 Small & Medium Business
12.10.2 Large Business
12.10.3 Other Organizations
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) Audit Management and Tracking Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Audit Management and Tracking Software 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) Audit Management and Tracking Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 Installed-PC
13.6.3 Installed-mobile
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) Audit Management and Tracking Software Market Size Forecast by Applications
13.10.1 Small & Medium Business
13.10.2 Large Business
13.10.3 Other Organizations
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 Audit Management and Tracking Software Market: Competitive Dashboard
14.2 Global Audit Management and Tracking Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ComplianceBridge
14.3.2 Tronixss
14.3.3 Reflexis Systems
14.3.4 SAI Global
14.3.5 Isolocity
14.3.6 Insight Lean Solutions
14.3.7 AuditFile
14.3.8 Resolver
14.3.9 Gensuite
14.3.10 Wolters Kluwer/TeamMate
14.3.11 Plan Brothers
14.3.12 Optial
14.3.13 Perillon Software
14.3.14 ProcessGene
14.3.15 Oversight Systems
14.3.16 MasterControl
