Global Tax and Accounting Software Market – Industry Trends and Forecast to 2030

 Análisis y tamaño del mercado de software de contabilidad e impuestos

Los sitios web en línea están clasificando el software de impuestos y contabilidad más popular en función de sus desventajas, ventajas y precios. Esto ayuda a los dueños de negocios a tomar una decisión bien informada. Además, la creciente demanda de software de impuestos y contabilidad basado en dispositivos móviles también está impulsando el crecimiento del mercado. Se ha observado que se espera que el segmento basado en la web sea el segmento de productos de más rápido crecimiento durante el período de pronóstico debido a su bajo costo en comparación con otro tipo de software de impuestos y contabilidad.

Data Bridge Market Research analiza que se espera que el mercado de software fiscal y contable alcance los 46 416,22 millones de dólares en 2030, lo que supone 25 077,24 millones de dólares en 2022, con una CAGR del 8,00 % durante el período de previsión. Además de los conocimientos del mercado, como el valor de mercado, la tasa de crecimiento, los segmentos del mercado, la cobertura geográfica, los actores del mercado y el escenario del mercado, el informe de mercado elaborado por el equipo de Data Bridge Market Research incluye un análisis profundo de expertos, análisis de importación/exportación, análisis de precios, análisis de consumo de producción y análisis pestle.

Alcance y segmentación del mercado de software de contabilidad e impuestos

Definición de mercado

El software de impuestos y contabilidad es un programa que se utiliza para gestionar las finanzas, incluidos los pagos de impuestos y muchas otras tareas contables. Este tipo de software puede ayudar a realizar un seguimiento de los gastos de la empresa y a organizar adecuadamente los datos financieros. También puede ayudar a preparar las declaraciones de impuestos.

Mercado de software de impuestos y contabilidad

Conductores

• Creciente popularidad de un proceso de facturación y cobro sin interrupciones

La facturación y la facturación son procesos comerciales importantes y la principal fuente de ingresos de las empresas. Si se realiza de forma manual, la gestión de facturas en papel requiere mucho tiempo, es propensa a errores y resulta incómoda. Es imposible realizar facturas reales cada vez que un cliente compra a un usuario cuando este tiene pedidos recurrentes. Recordar a los consumidores los pagos pendientes y realizar un seguimiento de las facturas es un desafío sin herramientas automatizadas. El software de impuestos y contabilidad aborda estos problemas de manera competente y proporciona propiedades que simplifican la facturación. Para los pedidos de clientes habituales, los usuarios pueden crear perfiles recurrentes y luego planificar el envío de facturas de inmediato cada vez que se realiza el pedido. Los consumidores también pueden mejorar los términos y condiciones de pago de las facturas para informar a los clientes qué esperan cuando se trata de pagos. Por lo tanto, se espera que la creciente popularidad de un proceso de facturación y cobro sin inconvenientes impulse la tasa de crecimiento del mercado durante el período de pronóstico.

Oportunidades

• Creciente demanda de software basado en la nube para registrar ajustes en tiempo real en los documentos de trabajo

Several high-end companies demand real-time global data availability, which will provide them with numerus opportunities, obligations and risks n tax payments. In order to fulfil these demands, companies in the tax and accounting software market are offering platforms that help gather data from unstructured and structured sources. With the goal of capitalizing on revenue opportunities, businesses are offering cloud-enabled platforms, for instance, Microsoft Azure. As such, evolving players and start-ups are posing a competition to established software businesses in the tax and accounting software market. Cloud-based software platforms allow flexibility and scalability for businesses. Now, companies are providing software that compliance to industry standards and facilitates co-sourcing. They are innovating in software that aid users to calculate taxes as per the right service and right geography. Cloud-based software aid to record real-time adjustments in work papers which will create numerous growth opportunities for the market growth.

Restraints

• Multiple issues associated with tax and accounting software Market

Rise in the dependency on digital communication and e-payment methods is leading to data security concerns which is anticipated to act as major restrictions for the growth of the tax and accounting software during the forecasted period, while the increase in concerns related to networking issues can challenge the market growth in the forecast period of 2023 to 2030.

This tax and accounting software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tax and accounting software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Global Tax and Accounting Software Market

The ongoing outbreak of COVID-19 outbreak has compelled people in staying at home. Following the closure of factories, shutting down of businesses, and the trend of work from home, the global economy had decreased. The use of technology is being made at the utmost during such challenging times, As a result of physical distancing requirements, professionals dealing with tax and accounting. The accounting systems allow people to work from home, keep production on track at the facility and manage demand patterns effectively. This is a main advantage at the time of the pandemic. Shifting accounting procedure into cloud will allow people in saving everything easily in online database that can be accessed from anyplace, hence making it easy for teams to collaborate all over the globe. This in turn will have a positive effect on the market size.

Recent Development

• In 2021, Cygnet Infotech, a business software maker, has reorganised its Financial Accounting Comprehensive and Easy (FACE) accounting software platform.

 Global Tax and Accounting Software Market Scope

The tax and accounting software market is segmented on the basis of product, deployment model, organization size, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Web-based
• Installed
• I-Phone Operating System (iOS)
• Android

Deployment Model

• 0n-Premises
• Cloud

 Organization Size

• Small and Medium-Sized Enterprises
• Large Enterprises

 Application

• Personal Use
• General Company
• Listed Company
• Government
• Others

 End User

• Healthcare
• Manufacturing
• Retail and Consumer Goods
• IT and Telecommunications
• BFSI
• Others

Tax and Accounting Software Market Regional Analysis/Insights

The tax and accounting software market is analyzed and market size insights and trends are provided by country, product, deployment model, organization size, application and end user as referenced above.

The countries covered in the tax and accounting software market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the tax and accounting software market in terms of revenue and market owing to the growth in IT offices, rapid industrialization, and strong presence of leading accounting software players in this region.

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 owing to growth in the usage of cloud computing solutions and technologies and increase in penetration of business accounting mobile applications in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Tax and Accounting Software Market Share Analysis

The tax and accounting software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to tax and accounting software market.

Some of the major players operating in the tax and accounting software market are:

• Microsoft (U.S.)
• Orcale (U.S.)
• SAP SE (U.S.)
• Zoho Corporation Pvt. Ltd. (India)
• Xerox Corporation (U.S.)
• Chetu Inc. (U.S.)
• Avalara, Inc. (U.S.)
• Acumatica, Inc (U.S.)
• KingstonKnight (Australia)
• CCH (Australia)
• Tally Solutions Private Limited (India)
• Red Wing Software, Inc. (U.S.)
• Unit4 (Australia)
• Epicor Software Corporation (U.S.)
• Intuit Inc. (U.S.)

SKU-61712