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Global Business Accounting Software Market 2017-2021

Global Business Accounting Software Market 2017-2021

About Business Accounting Software

Business accounting software is a software that helps organizations to record, process, and track their internal financial transactions. The software takes care of the core financial functions such as accounts receivable, general ledger, accounts payable, payroll, and reporting.

Technavio’s analysts forecast the global business accounting software market to grow at a CAGR of 6.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global business accounting software market for 2017-2021. To calculate the market size, the report considers the sale of business accounting software and solutions, software licenses, maintenance costs, and professional services during the forecast period.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Business Accounting Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key vendors
  • Acclivity Group
  • FreshBooks
  • Intacct
  • Intuit
  • Microsoft
  • Oracle
  • Red Wing Software
  • Sage Group
  • SAP
  • Xero
  • Zoho
Other prominent vendors
  • Deltek
  • FinancialForce.com
  • Wave Accounting
  • Xpenditure
  • Yendo
Market driver
  • High focus on sustainability using green IT
  • For a full, detailed list, view our report
Market challenge
  • Data security and privacy issues
  • For a full, detailed list, view our report
Market trend
  • Emergence of business accounting mobile applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
    • Definition
    • Market overview
    • Market segmentation
      • Table Countries covered for market analysis
    • Vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Table Functions of business accounting software
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global business accounting software market 2016-2021 ($ billions)
  • Market segmentation by deployment
    • Global business accounting software market by deployment 2015
      • Table Global business accounting software market by deployment 2016 (% share)
      • Table Global on-premises business accounting software market 2016-2021 ($ billions)
      • Table Global cloud-based business accounting software market 2016-2021 ($ billions)
      • Table Comparison between cloud-based and on-premises business accounting software
  • Geographical segmentation
    • Geographical segmentation of global business accounting software market
      • Table Global business accounting software market by geography 2016
    • Americas
      • Table Business accounting software market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Business accounting software market in EMEA 2016-2021 ($ billions)
    • APAC
      • Table Business accounting software market in APAC 2016-2021 ($ billions)
  • Buying criteria
    • Table Buying criteria for business accounting software
  • Market drivers
    • Growing demand for modernization of finance operations
    • Increased focus on cost optimization and scaling computation
    • Increased regulatory compliance to protect customer data from breach
      • Table Global data privacy laws
    • High focus on sustainability using green IT
    • Increased need to improve agility of accounting
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Data security and privacy issues
      • Table High-profile data breaches in 2014 and 2015
      • Table Cost implications of data breach for an organization
    • Threat from open-source business accounting software vendors
    • Software compatibility issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of business accounting mobile applications
    • Introduction of optical character recognition (OCR)
    • Increasing integration of business accounting software with big data
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
    • Key vendor offerings
      • Table Products and solution offerings
    • Key vendor profiles
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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