Accounting And Budgeting Software Market : Technology Advancements, Industry Insights, Trends And Forecast 2032

Posted by Amruta Pritam on October 25th, 2023

The Business Research Company’s Accounting And Budgeting Software Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Accounting And Budgeting Software Global Market Report 2023 evaluates accounting and budgeting software market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global accounting and budgeting software market is expected to grow from .07 billion in 2022 to .34 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The accounting and budgeting software market is expected to reach .11 billion in 2027 at a CAGR of 11.6%.

  

The increase in the number of startups is expected to propel the growth of the accounting and budgeting software market going forward. Startups refer to newly established companies or businesses in the early stages of development and growth. Accounting and budgeting software for startups streamlines financial management, aids in tracking expenses, optimizes budgets, and provides real-time insights crucial for informed decision-making during the early growth stages. For instance, in April 2023, according to the Center for Entrepreneurs' business startup index report 2022, a UK-based entrepreneurship foundation, the registration for new businesses hit a record high in 2022, with a 4.53% increase from 2021, reaching 790,390 startup registrations in 2022. Therefore, the increase in the number of startups drives the accounting and budgeting software market.

 

Get More Information On The Accounting And Budgeting Software Market Report:

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The accounting and budgeting software market segments in the report are:

1) By Type: Accounting Software, Budgeting Software

2) By Deployment Type: On-Premise, Software as a Service (SaaS)

3) By Enterprise Size: Large Enterprises, Small And Medium Sized Enterprises

4) By Application: Personal Money Management, Business Money Management

5) By Industry Vertical: Information Technology(IT) And Telecom, Healthcare, Government And Public Sector, Energy And Utilities, Banking, Financial Services and Insurance (BFSI), Retail and Ecommerce, Manufacturing, Other Industry Verticals

The table of contents in TBRC’s accounting and budgeting software market report includes:

1. Executive Summary

2. Accounting And Budgeting Software Market Characteristics

3. Accounting And Budgeting Software Market Trends And Strategies

4. Accounting And Budgeting Software Market - Macro Economic Scenario

  1.  Global Accounting And Budgeting Software Market Drivers and Restraints

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32. Global Accounting And Budgeting Software Market Competitive Benchmarking

33. Global Accounting And Budgeting Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Accounting And Budgeting Software Market

35. Accounting And Budgeting Software Market Future Outlook and Potential Analysis

36. Appendix

 

 

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Amruta Pritam

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Amruta Pritam
Joined: September 20th, 2022
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