According to our (Global Info Research) latest study, the global Accounting, BMS, Payroll and HCM Software market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Accounting software is a foundational technology for many companies, and as a business grows having a powerful, effective accounting solution becomes increasingly critical. Most accounting software packages offer the same basic features necessary for managing finances: accounts receivable, accounts payable, general ledger, billing and invoicing, purchase and sales orders, and reporting. Beyond basic functionality, the top accounting solutions offer additional features to give users more power, flexibility and customization. Oftentimes accounting solutions are closely integrated with other key software solutions.
Business Management Software (BMS) is a broad classification for several integrated applications that help run a business. In this report, Business Management Software (BMS) includes ERP. Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.
Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization. HCM has come to be nearly synonymous with the human resources (HR) function in organizations. In HR technology, the comprehensive software systems for managing HR processes differ little from HCM suites.
Payroll software is a system that automates and streamlines the process of paying a company’s employees. It may sound straightforward, but the payroll process includes a lot of tasks such as calculating deductions and withholdings, producing pay slips and tax forms (and other reports), processing or depositing payment directly to employee’s bank account, voiding payments if need be, and even printing checks. Payroll software simplifies and automates the aforementioned tasks to shorten cycle times and reduce manual errors.
In the Middle East and Africa region, the major players in accounting, BMS, compensation and human capital management software are SAP, Oracle(NetSuite), Automatic Data Processing,Inc., Pachex, Microsoft, Intuit, Sage, Workday and IBM Corporation.
This report is a detailed and comprehensive analysis for global Accounting, BMS, Payroll and HCM Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Accounting, BMS, Payroll and HCM Software market size and forecasts, in consumption value ($ Million), 2020-2031
Global Accounting, BMS, Payroll and HCM Software market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Accounting, BMS, Payroll and HCM Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Accounting, BMS, Payroll and HCM Software market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Accounting, BMS, Payroll and HCM Software
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Accounting, BMS, Payroll and HCM Software market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SAP, Oracle(NetSuite), Automatic Data Processing,Inc., Pachex, Microsoft, Intuit, Sage, Workday, IBM Corporation, Infor, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Accounting, BMS, Payroll and HCM Software market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
HCM Software
Accounting Software
Payroll Software
BMS Software
Market segment by Application
SSB
SMB
Enterprise
Market segment by players, this report covers
SAP
Oracle(NetSuite)
Automatic Data Processing,Inc.
Pachex
Microsoft
Intuit
Sage
Workday
IBM Corporation
Infor
Kronos
Yonyou
Epicor
Unit4
Xero
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Accounting, BMS, Payroll and HCM Software product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Accounting, BMS, Payroll and HCM Software, with revenue, gross margin, and global market share of Accounting, BMS, Payroll and HCM Software from 2020 to 2025.
Chapter 3, the Accounting, BMS, Payroll and HCM Software competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Accounting, BMS, Payroll and HCM Software market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Accounting, BMS, Payroll and HCM Software.
Chapter 13, to describe Accounting, BMS, Payroll and HCM Software research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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