Global Accounting Services Industry (2019 to 2023) – With Accenture, ADP and Alvarez & Marsal, among others – ResearchAndMarkets.com


DUBLIN – (COMMERCIAL THREAD)–The “Global Accounting Services Market Opportunities and Strategies to 2023” the report was added to ResearchAndMarkets.com offer.

This publisher’s report equips strategists, marketers, and senior management with the essential information they need to assess the global accounting services market.

The global accounting services market reached a value of nearly $ 574.4 billion in 2019, growing at a compound annual growth rate (CAGR) of 5.7% since 2015.

Growth over the historical period has resulted from globalization, from outsourcing back end operations to low cost economies. The factors that negatively affected growth during the historical period were accounting scandals, regulatory challenges and unstable political and social situations.

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The accounting services market is segmented by type of service into payroll services, tax preparation services, bookkeeping, financial auditing, and other accounting services. Bookkeeping, financial auditing and other accounting services was the largest segment of the accounting market, accounting for $ 424.18 billion or 73.8% of the total market in 2019. It is also expected to be the largest segment of the accounting market. fastest growing segment with a CAGR of 6.6. %.

North America was the largest region in the accounting services market, accounting for 42.6% of the global market in 2019. It was followed by Western Europe, Asia-Pacific, and other regions. Going forward, the fastest growing regions in the accounting services market will be South America and Eastern Europe, where the growth will be 8.4% and 7.7% respectively. between 2019 and 2023.

Market trend-based strategies for the accounting services market include investing in cloud-based accounting software, blockchain technology, communication technology, and artificial intelligence and companies should try to automate them. redundant processes that involve manual work. The business strategies adopted by large companies in the accounting services market include investing in technology to digitize the business, expanding into other geographies, integrating and gaining a competitive advantage and in acquisitions and mergers to strengthen their service offerings.

Main topics covered:

1. Executive Summary of Accounting Services Market

2. Table of contents

3. List of figures

4. List of tables

5. Structure of the report

6. Presentation

6.1.1. Segmentation by geography

6.1.2. Segmentation by type

7. Characteristics of the accounting services market

7.1. Market definition

7.2. Segmentation by type of service

8. Accounting services market, supply chain analysis

8.1.1. Resources

8.1.2. Accounting service providers

8.1.3. End users

9. Accounting services market, product analysis – Examples of products / services

10. Information on clients in the accounting services market

10.1. Outsourced accounting increases customer satisfaction

10.2. Revenues from accounts receivable services increase

10.3. Accounting services are often outsourced by small businesses

11. Trends and strategies in the accounting services market

11.1. Cloud-based accounting software to improve efficiency

11.2. Blockchain technology for accounting practices to improve accuracy and compliance

11.3. Increase in outsourcing in accounting firms

11.4. Accounting services using new communication technologies

11.5. Artificial intelligence fully automates accounting tasks

12. Global Accounting Services Market Size and Growth

12.1. Market size

12.2. Historical market growth, value (in billions of dollars)

12.2.1. Market drivers 2015-2019

12.2.2. Constraints on the 2015-2019 market

12.3. Market growth forecast, value (in billions of dollars)

12.3.1. Market drivers 2019-2023

12.3.2. Market restrictions 2019-2023

13. Accounting services market, regional analysis

13.1. Global Accounting Services Market, 2019, by Region, Value (USD Billion)

13.2. Global Accounting Services Market, 2015-2023, Historical and Forecast, by Region

13.3. Global Accounting Services Market, 2019-2023, Growth and Market Share Comparison, by Region

14. Segmentation of the global accounting services market

14.1. Global Accounting Services Market, Segmentation by Service Type, 2015-2023, Value (USD Billion)

15. Comparison of the Global Accounting Services Market with Macroeconomic Factors

15.1. Accounting Services Market Size, Percent of GDP, Global

15.2. Average Accounting Services Market Spending Per Capita, Global

Companies mentioned

  • Accenture

  • ADP (Automatic Data Processing, Inc.)

  • Alvarez and Marsal

  • Baker Tilly

  • BDO (Binder Dijker Otte) International Limited

  • Accountants champions

  • Charles Ghadban Accounting

  • Crowe horwath

  • Deloitte

  • DSG Chartered Accountants

  • Ernst and Young

  • Grant thornton

  • HR block

  • Italian Accountants Studio Del Gaizo Picchioni

  • KML Bookkeeping Services

  • KPMG

  • Mazars

  • Moore Stephens United Kingdom

  • Pan-Chinese CPA

  • Picco Accounting

  • PWC (PricewaterhouseCoopers)

  • Rodl partner

  • RSM

  • Ruihua CPA

  • RWT

  • Spira Twist & Associates

  • Studio International Tornamb

For more information on this report, visit https://www.researchandmarkets.com/r/v4ched

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