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Published On: Feb 10, 2025

Accounting Software Industry Research Report 2025

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Summary
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. Most ERP solutions include an extensive accounting module, but buyers should also consider best-of-breed, standalone accounting software.
Accounting solutions target four segments. Entry Level software is the least expensive and with the least number of features and functionality. This segment is now split into Embedded Accounting Software packages, Online Solutions Accounting Software and Desktop Non-embedded Solutions Accounting Software. The Market is separated into Small to Medium Business (SMB) and Small to Medium Enterprise (SME.) Finally, there are the major Enterprise Resource Planning (ERP) solutions that are typically deployed in Fortune 500-size companies. In this report, the focus of this article is small to medium sized businesses, so in this report there is not involving the ERP solutions with large companies.
According to APO Research, The global Accounting Software market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Accounting Software is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Accounting Software is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Accounting Software is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Accounting Software include Intuit, Sage, SAP, Oracle (NetSuite), Microsoft, Infor, Epicor, Workday and Unit4, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Accounting Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Accounting Software.
The Accounting Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Accounting Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Accounting Software Segment by Company
Intuit
Sage
SAP
Oracle (NetSuite)
Microsoft
Infor
Epicor
Workday
Unit4
Xero
Yonyou
Kingdee
Acclivity
FreshBooks
Intacct
Assit cornerstone
Aplicor
Red wing
Tally Solutions Pvt. Ltd.
Accounting Software Segment by Type
Embedded Accounting Software Packages
Online Solutions Accounting Software
Desktop Non-Embedded Solutions Accounting Software
Accounting Software Segment by Application
Manufacturing
Services
Retail
Accounting Software Segment by Application
Manufacturing
Services
Retail
Accounting Software Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Accounting Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Accounting Software and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Accounting Software.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Accounting Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
Table 1:Secondary Sources
Table 2:Primary Sources
Table 3:Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 4:Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 5:Global Accounting Software Market Size by Type (2020-2025) & (US$ Million)
Table 6:Global Accounting Software Revenue Market Share by Type (2020-2025)
Table 7:Global Accounting Software Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 8:Global Accounting Software Revenue Market Share by Type (2026-2031)
Table 9:Global Accounting Software Market Size by Application (2020-2025) & (US$ Million)
Table 10:Global Accounting Software Revenue Market Share by Application (2020-2025)
Table 11:Global Accounting Software Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 12:Global Accounting Software Revenue Market Share by Application (2026-2031)
Table 13:Global Accounting Software Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 14:Global Accounting Software Market Size by Region (2020-2025) & (US$ Million)
Table 15:Global Accounting Software Market Share by Region (2020-2025)
Table 16:Global Accounting Software Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 17:Global Accounting Software Market Share by Region (2026-2031)
Table 18:Accounting Software Industry Trends
Table 19:Accounting Software Industry Drivers
Table 20:Accounting Software Industry Opportunities and Challenges
Table 21:Accounting Software Market Restraints
Table 22:Global Top Accounting Software Players by Revenue (US$ Million) & (2020-2025)
Table 23:Global Accounting Software Revenue Market Share by Players (2020-2025)
Table 24:Global Accounting Software Industry Players Ranking, 2023 VS 2024 VS 2025
Table 25:Global Key Players of Accounting Software, Headquarters and Area Served
Table 26:Global Accounting Software Players, Product Type & Application
Table 27:Global Players Market Concentration Ratio (CR5 and HHI)
Table 28:Global Accounting Software by Players Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 29:Players Mergers & Acquisitions, Expansion Plans
Table 30:North America Accounting Software Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 31:North America Accounting Software Market Size by Country (2020-2025) & (US$ Million)
Table 32:North America Accounting Software Market Size by Country (2026-2031) & (US$ Million)
Table 33:Europe Accounting Software Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 34:Europe Accounting Software Market Size by Country (2020-2025) & (US$ Million)
Table 35:Europe Accounting Software Market Size by Country (2026-2031) & (US$ Million)
Table 36:Asia Pacific Accounting Software Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 37:Asia Pacific Accounting Software Market Size by Region (2020-2025) & (US$ Million)
Table 38:Asia Pacific Accounting Software Market Size by Country (2026-2031) & (US$ Million)
Table 39:South America Accounting Software Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 40:South America Accounting Software Market Size by Country (2020-2025) & (US$ Million)
Table 41:South America Accounting Software Market Size by Country (2026-2031) & (US$ Million)
Table 42:Middle East & Africa Accounting Software Market Growth Rate by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 43:Middle East & Africa Accounting Software Market Size by Country (2020-2025) & (US$ Million)
Table 44:Middle East & Africa Accounting Software Market Size by Country (2026-2031) & (US$ Million)
Table 45:Intuit Company Information
Table 46:Intuit Business Overview
Table 47:Intuit Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 48:Intuit Accounting Software Product Portfolio
Table 49:Intuit Recent Developments
Table 50:Sage Company Information
Table 51:Sage Business Overview
Table 52:Sage Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 53:Sage Accounting Software Product Portfolio
Table 54:Sage Recent Developments
Table 55:SAP Company Information
Table 56:SAP Business Overview
Table 57:SAP Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 58:SAP Accounting Software Product Portfolio
Table 59:SAP Recent Developments
Table 60:Oracle (NetSuite) Company Information
Table 61:Oracle (NetSuite) Business Overview
Table 62:Oracle (NetSuite) Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 63:Oracle (NetSuite) Accounting Software Product Portfolio
Table 64:Oracle (NetSuite) Recent Developments
Table 65:Microsoft Company Information
Table 66:Microsoft Business Overview
Table 67:Microsoft Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 68:Microsoft Accounting Software Product Portfolio
Table 69:Microsoft Recent Developments
Table 70:Infor Company Information
Table 71:Infor Business Overview
Table 72:Infor Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 73:Infor Accounting Software Product Portfolio
Table 74:Infor Recent Developments
Table 75:Epicor Company Information
Table 76:Epicor Business Overview
Table 77:Epicor Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 78:Epicor Accounting Software Product Portfolio
Table 79:Epicor Recent Developments
Table 80:Workday Company Information
Table 81:Workday Business Overview
Table 82:Workday Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 83:Workday Accounting Software Product Portfolio
Table 84:Workday Recent Developments
Table 85:Unit4 Company Information
Table 86:Unit4 Business Overview
Table 87:Unit4 Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 88:Unit4 Accounting Software Product Portfolio
Table 89:Unit4 Recent Developments
Table 90:Xero Company Information
Table 91:Xero Business Overview
Table 92:Xero Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 93:Xero Accounting Software Product Portfolio
Table 94:Xero Recent Developments
Table 95:Yonyou Company Information
Table 96:Yonyou Business Overview
Table 97:Yonyou Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 98:Yonyou Accounting Software Product Portfolio
Table 99:Yonyou Recent Developments
Table 100:Kingdee Company Information
Table 101:Kingdee Business Overview
Table 102:Kingdee Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 103:Kingdee Accounting Software Product Portfolio
Table 104:Kingdee Recent Developments
Table 105:Acclivity Company Information
Table 106:Acclivity Business Overview
Table 107:Acclivity Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 108:Acclivity Accounting Software Product Portfolio
Table 109:Acclivity Recent Developments
Table 110:FreshBooks Company Information
Table 111:FreshBooks Business Overview
Table 112:FreshBooks Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 113:FreshBooks Accounting Software Product Portfolio
Table 114:FreshBooks Recent Developments
Table 115:Intacct Company Information
Table 116:Intacct Business Overview
Table 117:Intacct Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 118:Intacct Accounting Software Product Portfolio
Table 119:Intacct Recent Developments
Table 120:Assit cornerstone Company Information
Table 121:Assit cornerstone Business Overview
Table 122:Assit cornerstone Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 123:Assit cornerstone Accounting Software Product Portfolio
Table 124:Assit cornerstone Recent Developments
Table 125:Aplicor Company Information
Table 126:Aplicor Business Overview
Table 127:Aplicor Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 128:Aplicor Accounting Software Product Portfolio
Table 129:Aplicor Recent Developments
Table 130:Red wing Company Information
Table 131:Red wing Business Overview
Table 132:Red wing Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 133:Red wing Accounting Software Product Portfolio
Table 134:Red wing Recent Developments
Table 135:Tally Solutions Pvt. Ltd. Company Information
Table 136:Tally Solutions Pvt. Ltd. Business Overview
Table 137:Tally Solutions Pvt. Ltd. Revenue in Accounting Software Business (2020-2025) & (US$ Million)
Table 138:Tally Solutions Pvt. Ltd. Accounting Software Product Portfolio
Table 139:Tally Solutions Pvt. Ltd. Recent Developments
Table 140:Authors List of This Report
Figure 1:Research Methodology
Figure 2:Research Process
Figure 3:Key Executives Interviewed
Figure 4:Accounting Software Product Image
Figure 5:Global Accounting Software Market Size Comparison by Type (2025-2031) & (US$ Million)
Figure 6:Global Accounting Software Market Share by Type: 2024 VS 2031
Figure 7:Embedded Accounting Software Packages Product
Figure 8:Online Solutions Accounting Software Product
Figure 9:Desktop Non-Embedded Solutions Accounting Software Product
Figure 10:Global Accounting Software Market Size by Application (2025-2031) & (US$ Million)
Figure 11:Global Accounting Software Market Share by Application: 2024 VS 2031
Figure 12:Manufacturing Product
Figure 13:Services Product
Figure 14:Retail Product
Figure 15:Global Accounting Software Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 16:Global Accounting Software Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 17:Global Accounting Software Market Share by Region: 2024 VS 2031
Figure 18:Global Accounting Software Market Share by Players in 2024
Figure 19:Global Accounting Software Manufacturers Established Date
Figure 20:Global Top 5 and 10 Accounting Software Players Market Share by Revenue in 2024
Figure 21:Players Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 22:North America Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 23:North America Accounting Software Market Share by Country (2020-2031)
Figure 24:United States Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 25:Canada Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 26:Mexico Accounting Software Market Share by Country (2020-2031)
Figure 27:Europe Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28:Europe Accounting Software Market Share by Country (2020-2031)
Figure 29:Germany Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30:France Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31:U.K. Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32:Italy Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33:Spain Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 34:Russia Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35:Netherlands Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36:Nordic Countries Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37:Asia-Pacific Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38:Asia-Pacific Accounting Software Market Share by Country (2020-2031)
Figure 39:China Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40:Japan Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41:South Korea Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 42:India Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 43:India Accounting Software Market Share by Country (2020-2031)
Figure 44:Australia Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 45:China Taiwan Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 46:Southeast Asia Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47:South America Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 48:South America Accounting Software Market Share by Country (2020-2031)
Figure 49:Brazil Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 50:Argentina Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 51:Chile Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 52:Colombia Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 53:Peru Accounting Software Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 54:Intuit Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 55:Sage Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 56:SAP Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 57:Oracle (NetSuite) Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 58:Microsoft Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 59:Infor Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 60:Epicor Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 61:Workday Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 62:Unit4 Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 63:Xero Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 64:Yonyou Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 65:Kingdee Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 66:Acclivity Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 67:FreshBooks Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 68:Intacct Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 69:Assit cornerstone Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 70:Aplicor Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 71:Red wing Revenue Growth Rate in Accounting Software Business (2020-2025)
Figure 72:Tally Solutions Pvt. Ltd. Revenue Growth Rate in Accounting Software Business (2020-2025)

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Accounting Software Industry Research Report 2025

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