Global Cloud Accounting Software Market Report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 05/22/2019 -- This report studies the Cloud Accounting Software market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
Cloud Accounting Software is a type of tools to accounting activities. There are two types of accounting software online: browser-based, SaaS and application service providers (ASPs), and the browser-based, SaaS type is leading the growing market at present.
Cloud Accounting Software is mainly used for three applications: SMEs (small & medium enterprises), Large Enterprises, Other Users (personal users or non-profit organizations). And SMEs was the most widely used area which took up about 72% of the global total in 2017.
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North America is the largest consumption countries of Cloud Accounting Software in the world in the past few years and it will keep increasing in the next few years. USA market took up about 35.6% the global market in 2017, while EU was about 23.4%.
In 2017, the global Cloud Accounting Software market size was 2630 million US$ and it is expected to reach 4250 million US$ by the end of 2025, with a CAGR of 6.2% between 2018 and 2025.
This report focuses on the global top players, covered
Intuit
Sage
SAP
Oracle(NetSuite)
Microsoft
Infor
Epicor
Workday
Unit4
Xero
Yonyou
Kingdee
Acclivity
FreshBooks
Zoho
Assit Cornerstone
MEGI
Reckon
KashFlow
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Browser-based, SaaS
Application Service Providers (ASPs)
Market segment by Application, the market can be split into
SMEs
Large Enterprises
Other Users
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