This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Double-edged sword: Advances in accounting software are likely to siphon demand
Bookkeeping firms have been forced to adapt to technological change, with tech advancements and changing client preferences providing a significant boost to online bookkeeping and cloud accounting. This has encouraged online-only bookkeepers into the market, while more traditional bookkeepers have been left behind. Industry revenue is set to climb at a compound annual rate of 6.5% over the five years through 2022-23, including a 1% rise in 2022-23, to £5.7 billion. Firms in the Bookkeeping industry record commercial transactions for businesses and other organisations for the purpose of record keeping and accounting. The industry does not include the provision of management consultancy or accounting services.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Methodology
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