The global accounting services market reached a value of nearly $587.94 billion in 2021, having increased at a compound annual growth rate (CAGR) of 3.1% since 2016. The market is expected to grow from $587.94 billion in 2021 to $1,009.51 billion in 2026 at a rate of 11.4%. The market is then expected to grow at a CAGR of 11.5% from 2026 and reach $1,738.70 billion in 2031.
Growth in the historic period resulted from globalization, outsourcing of back-end operations to low-cost economies, a rise in research and development (R&D) investments, and strong economic growth in emerging markets. Factors that negatively affected growth in the historic period were regulatory challenges, accounting scandals, outsourcing regulations, privacy and security issues, and COVID-19.
Going forward, changes in standards of financial reporting standards transition, regulatory reforms, technology development, and rising urbanization are expected to drive the market. Shortage of skills and big data analytics could hinder the growth of the accounting services market in the future.
The accounting services market is segmented by type into payroll services, tax preparation services, and bookkeeping, financial auditing and other accounting services. The bookkeeping, financial auditing and other accounting services was the largest segment of the accounting market, accounting for 83.6% of the total in 2021. Going forward, the tax preparation services market is expected to be the fastest growing segment in the accounting services market segmented by type, at a CAGR of 13.9% during 2021-2026.
The accounting services market is also segmented by end use industry into IT services, manufacturing, financial services, construction, and others. The others end use industry market was the largest segment of the accounting services market segmented by end use industry, accounting for 34.5% of the total in 2021. Going forward, the IT services end use industry segment is expected to be the fastest growing segment in the accounting services market segmented by end use industry, at a CAGR of 12.1% during 2021-2026.
The accounting services market is also segmented by service provider into large enterprise and small and medium enterprise. The large enterprise market was the largest segment of the accounting services market segmented by service provider, accounting for 56.2% of the total in 2021. Going forward, it is expected to be the fastest growing segment in the accounting services market segmented by service provider, at a CAGR of 11.5% during 2021-2026.
North America was the largest region in the accounting services market, accounting for 42.4% of the global market in 2021. 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 Africa, where growth will be at CAGRs of 13.82% and 13.63% respectively from 2021-2026.
The accounting services market is fragmented with a large number of small players in the market. The top ten competitors in the market made up to 21.04% of the total market in 2020. Major players in the market include PWC (PricewaterhouseCoopers), Ernst & Young, KPMG, Deloitte, ADP (Automatic Data Processing, Inc.), and others.
The top growth potential in the accounting services market segmented by end use industry will arise in the bookkeeping, financial auditing and other accounting services, which will gain $359.4 billion of global annual sales by 2026. The top growth potential in the accounting services market segmented by end use industry will arise in the financial services, which will gain $145.2 billion of global annual sales by 2026. The top growth potential in the accounting services market segmented by service provider will arise in large enterprise, which will gain $238.0 billion of global annual sales by 2026. The accounting services market will gain the most in the USA at $163.2 billion.
Market-trend-based strategies for the accounting services market include investing in opportunities and broaden services with information technology, consider adopting social media communication, cloud based accounting software, blockchain technology, adopt big data, communication technology, and artificial intelligence and companies should try automating the redundant processes that involve manual labor.
Business strategies adopted by major companies in the accounting services market include strengthening business through strategic collaboration, launching application, strengthening its business of providing industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, integrate and gain competitive advantage and in acquisitions and mergers to strengthen their service offerings.
To take advantage of the opportunities, the publisher reccomends the accounting services companies to focus on cloud-based accounting software, leverage blockchain technology, use big data, use automation and artificial intelligence, expand in emerging markets, outsource activities to low-cost countries to save costs, expand through collaborations, offer attractive pricing, offer value-oriented billing, offer bundled pricing, leverage social media, continue to focus on B2B promotions, offer services to startups and focus on high net worth individuals.
Table of Contents
1. Accounting Services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By End-Use Industry
6.4. Segmentation By Service Provider
7. Accounting Services Market Characteristics
7.1. Market Definition
7.2. Segmentation By Type
7.2.1. Payroll Services
7.2.2. Tax Preparation Services
7.2.3. Bookkeeping, Financial Auditing and Other Accounting Services
7.3. Segmentation By End Use Industry
7.3.1. IT Services
7.3.2. Manufacturing
7.3.3. Financial Services
7.3.4. Construction
7.3.5. Others
7.4. Market Segmentation By Service Provider
7.4.1. Large Enterprise
7.4.2. Small & Medium Enterprises (SMEs)
8. Accounting Services Market, Product Analysis - Product/Service Examples
9. Accounting Services Market, Supply Chain Analysis
9.1.1. Resources
9.1.2. Accounting Services Providers
9.1.3. End-Users
10. Accounting Services Market Customer Information
10.1. Gaining Traction In Account Outsourcing In India
10.2. Growth And Profitability In Tax And Accounting
10.3. Revenue Growth In Accounting
10.4. Work Pressure On Young Accountants Is Too High
10.5. Changing Preference Of Customers
10.6. Emerging Technologies Impact On Accounting
10.7. Outsourced Accounting Yields Greater Client Satisfaction
10.8. Revenue From Client Accounting Services Is Increasing
10.9. Accounting Services Are Often Outsourced By Small Businesses
11. Accounting Services Market Trends And Strategies
11.1. Digitalization
11.2. Utilizing Social Media
11.3. Cloud-Based Accounting Software To Enhance Efficiency
11.4. Blockchain Technology For Accounting Practices To Enhance Accuracy And Compliance
11.5. Big Data in Accounting
11.6. Increase In Outsourcing At Accounting Firms
11.7. Artificial Intelligence Fully Automates Accounting Tasks
11.8. Accounting Services Using New Communication Technologies
12. Impact Of COVID-19 On Accounting Services Market
12.1. Introduction
12.2. Impact on CPA’s and Tax Services
12.3. Impact On Labor Shortages
12.4. New Services
12.5. Impact On Supply Chain
12.6. Future Outlook
13. Global Accounting Services Market Size And Growth
13.1. Market Size
13.2. Historic Market Growth, 2016 - 2021, Value ($ Billion)
13.2.1. Drivers Of The Market 2016 - 2021
13.2.2. Restraints On The Market 2016 - 2021
13.3. Forecast Market Growth, 2021 - 2026, 2031F Value ($ Billion)
13.3.1. Drivers Of The Market 2021 - 2026
13.3.2. Restraints On The Market 2021 - 2026
14. Accounting Services Market, Regional Analysis
14.1. Global Accounting Services Market, By Region, Historic and Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
14.2. Global Accounting Services Market, 2016 - 2026, Historic And Forecast, By Region
14.3. Global Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Region
15. Global Accounting Services Market Segmentation
15.1. Global Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
15.2. Global Accounting Services Market, Segmentation By Service Provider, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
15.3. Global Accounting Services Market, Segmentation By End-User Industry, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
16. Global Accounting Services Market Comparison with Macro Economic Factors
16.1. Accounting Services Market Size, Percentage Of GDP, Global
16.2. Per Capita Average Accounting Services Market Expenditure, Global
16.3. Accounting Services Percentage of GDP, 2021, Major Countries
17. Asia-Pacific Accounting Services Market
17.1. Asia-Pacific Accounting Services Market Overview
17.1.1. Region Information
17.1.2. Market Information
17.1.3. Background Information
17.1.4. Government Initiatives
17.1.5. Regulations
17.1.6. Regulatory Bodies
17.1.7. Major Associations
17.1.8. Taxes Levied
17.1.9. Corporate Tax Structure
17.1.10. Investments
17.1.11. Major Companies
17.2. Asia-Pacific Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.3. Asia-Pacific Accounting Services Market, 2021, By Country, Value ($ Billion)
17.4. Asia-Pacific Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
17.5. Asia-Pacific Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
17.6. Asia-Pacific Accounting Services Market Metrics
17.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, Asia-Pacific Countries
17.7. Asia-Pacific Accounting Services Market: Country Analysis
17.8. Australia Accounting Services Market
17.9. Australia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.10. Bangladesh Accounting Services Market
17.11. Bangladesh Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.12. China Accounting Services Market
17.13. China Accounting Services Market Overview
17.13.1. Region Information
17.13.2. Market Information
17.13.3. Background Information
17.13.4. Government Initiatives
17.13.5. Regulations
17.13.6. Regulatory Bodies
17.13.7. Major Associations
17.13.8. Taxes Levied
17.13.9. Corporate Tax Structure
17.13.10. Investments
17.13.11. Major Companies
17.14. China Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.15. Hong Kong Accounting Services Market
17.16. Hong Kong Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.17. India Accounting Services Market
17.18. India Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.19. Indonesia Accounting Services Market
17.20. Indonesia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.21. Japan Accounting Services Market
17.22. Japan Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.23. Malaysia Accounting Services Market
17.24. Malaysia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.25. New Zealand Accounting Services Market
17.26. New Zealand Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.27. Philippines Accounting Services Market
17.28. Philippines Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.29. Singapore Accounting Services Market
17.30. Singapore Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.31. South Korea Accounting Services Market
17.32. South Korea Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.33. Thailand Accounting Services Market
17.34. Thailand Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
17.35. Vietnam Accounting Services Market
17.36. Vietnam Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18. Western Europe Accounting Services Market
18.1. Western Europe Accounting Services Market Overview
18.1.1. Region Information
18.1.2. Market Information
18.1.3. Background Information
18.1.4. Government Initiatives
18.1.5. Regulatory Bodies
18.1.6. Regulations
18.1.7. Major Associations
18.1.8. Taxes Levied
18.1.9. Investments
18.1.10. Major Companies
18.2. Western Europe Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.3. Western Europe Accounting Services Market, 2021, By Country, Value ($ Billion)
18.4. Western Europe Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
18.5. Western Europe Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
18.6. Western Europe Accounting Services Market Metrics
18.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, Western Europe Countries
18.7. Western Europe Accounting Services Market: Country Analysis
18.8. Austria Accounting Services Market
18.9. Austria Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.10. Belgium Accounting Services Market
18.11. Belgium Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.12. Denmark Accounting Services Market
18.13. Denmark Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.14. Finland Accounting Services Market
18.15. Finland Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.16. France Accounting Services Market
18.17. France Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.18. Germany Accounting Services Market
18.19. Germany Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.20. Ireland Accounting Services Market
18.21. Ireland Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.22. Italy Accounting Services Market
18.23. Italy Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.24. Netherlands Accounting Services Market
18.25. Netherlands Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.26. Norway Accounting Services Market
18.27. Norway Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.28. Portugal Accounting Services Market
18.29. Portugal Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.30. Spain Accounting Services Market
18.31. Spain Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.32. Sweden Accounting Services Market
18.33. Sweden Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.34. Switzerland Accounting Services Market
18.35. Switzerland Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
18.36. UK Accounting Services Market
18.37. UK Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19. Eastern Europe Accounting Services Market
19.1. Eastern Europe Accounting Services Market Overview
19.1.1. Region Information
19.1.2. Market Information
19.1.3. Background Information
19.1.4. Government Initiatives
19.1.5. Regulations
19.1.6. Regulatory Bodies
19.1.7. Major Associations
19.1.8. Taxes Levied
19.1.9. Corporate Tax Structure
19.1.10. Investments
19.1.11. Major Companies
19.2. Eastern Europe Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.3. Eastern Europe Accounting Services Market, 2021, By Country, Value ($ Billion)
19.4. Eastern Europe Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
19.5. Eastern Europe Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
19.6. Eastern Europe Accounting Services Market Metrics
19.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, Eastern Europe Countries
19.7. Eastern Europe Accounting Services Market: Country Analysis
19.8. Czech Republic Accounting Services Market
19.9. Czech Republic Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.10. Poland Accounting Services Market
19.11. Poland Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.12. Romania Accounting Services Market
19.13. Romania Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.14. Russia Accounting Services Market
19.15. Russia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
19.16. Ukraine Accounting Services Market
19.17. Ukraine Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20. North America Accounting Services Market
20.1. North America Accounting Services Market Overview
20.1.1. Region Information
20.1.2. Market Information
20.1.3. Background Information
20.1.4. Government Initiatives
20.1.5. Regulations
20.1.6. Regulatory Bodies
20.1.7. Major Associations
20.1.8. Taxes Levied
20.1.9. Corporate Tax Structure
20.1.10. Investments
20.1.11. Major Companies
20.2. North America Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.3. North America Accounting Services Market, 2021, By Country, Value ($ Billion)
20.4. North America Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
20.5. North America Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
20.6. North America Accounting Services Market Metrics
20.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, North America Countries
20.7. North America Accounting Services Market: Country Analysis
20.8. Canada Accounting Services Market
20.9. Canada Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.10. Mexico Accounting Services Market
20.11. Mexico Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
20.12. USA Accounting Services Market
20.13. USA Accounting Services Market Overview
20.13.1. Region Information
20.13.2. Market Information
20.13.3. Background Information
20.13.4. Government Initiatives
20.13.5. Regulations
20.13.6. Regulatory Bodies
20.13.7. Taxes Levied
20.13.8. Corporate Tax Structure
20.13.9. Major Associations
20.13.10. Investments
20.13.11. Major Companies
20.14. USA Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21. South America Accounting Services Market
21.1. South America Accounting Services Market Overview
21.1.1. Region Information
21.1.2. Market Information
21.1.3. Background Information
21.1.4. Government Initiatives
21.1.5. Regulations
21.1.6. Regulatory Bodies
21.1.7. Major Associations
21.1.8. Taxes Levied
21.1.9. Corporate Tax Structure
21.1.10. Investments
21.1.11. Major Companies
21.2. South America Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.3. South America Accounting Services Market, 2021, By Country, Value ($ Billion)
21.4. South America Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
21.5. South America Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
21.6. South America Accounting Services Market Metrics
21.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, South America Countries
21.7. South America Accounting Services Market: Country Analysis
21.8. Argentina Accounting Services Market
21.9. Argentina Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.10. Brazil Accounting Services Market
21.11. Brazil Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.12. Chile Accounting Services Market
21.13. Chile Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.14. Colombia Accounting Services Market
21.15. Colombia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
21.16. Peru Accounting Services Market
21.17. Peru Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22. Middle East Accounting Services Market
22.1. Middle East Accounting Services Market Overview
22.1.1. Region Information
22.1.2. Market Information
22.1.3. Background Information
22.1.4. Government Initiatives
22.1.5. Regulations
22.1.6. Regulatory Bodies
22.1.7. Major Associations
22.1.8. Taxes Levied
22.1.9. Corporate Tax Structure
22.1.10. Investments
22.1.11. Major Companies
22.2. Middle East Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.3. Middle East Accounting Services Market, 2021, By Country, Value ($ Billion)
22.4. Middle East Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
22.5. Middle East Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
22.6. Middle East Accounting Services Market Metrics
22.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, Middle East Countries
22.7. Middle East Accounting Services Market: Country Analysis
22.8. Iran Accounting Services Market
22.9. Iran Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.10. Israel Accounting Services Market
22.11. Israel Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.12. Saudi Arabia Accounting Services Market
22.13. Saudi Arabia Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.14. Turkey Accounting Services Market
22.15. Turkey Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
22.16. UAE Accounting Services Market
22.17. UAE Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
23. Africa Accounting Services Market
23.1. Africa Accounting Services Market Overview
23.1.1. Region Information
23.1.2. Market Information
23.1.3. Background Information
23.1.4. Government Initiatives
23.1.5. Regulations
23.1.6. Regulatory Bodies
23.1.7. Major Associations
23.1.8. Taxes Levied
23.1.9. Corporate Tax Structure
23.1.10. Investments
23.1.11. Major Companies
23.2. Africa Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
23.3. Africa Accounting Services Market, 2021, By Country, Value ($ Billion)
23.4. Africa Accounting Services Market, 2016 - 2026, Historic And Forecast, By Country
23.5. Africa Accounting Services Market, 2021 - 2026, Growth And Market Share Comparison, By Country
23.6. Africa Accounting Services Market Metrics
23.6.1. Estimated Number Of Enterprises & Employees, Accounting Services Market, Accounting Services Market/Number of Enterprises & Employees, 2021, Africa Countries
23.7. Africa Accounting Services Market: Country Analysis
23.8. Egypt Accounting Services Market
23.9. Egypt Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
23.10. Nigeria Accounting Services Market
23.11. Nigeria Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
23.12. South Africa Accounting Services Market
23.13. South Africa Accounting Services Market, Segmentation By Type, Historic And Forecast, 2016 - 2021, 2026F, 2031F, Value ($ Billion)
24. Global Accounting Services Market Competitive Landscape
24.1. Company Profiles
24.2. PricewaterhouseCoopers
24.2.1. Company Overview
24.2.2. Products And Services.
24.2.3. Business Strategy
24.2.4. Financial Overview
24.3. Ernst & Young Global Limited
24.3.1. Company Overview
24.3.2. Ernst & Young Global Limited was the second largest competitor in the accounting services market in 2020, with 4.07% share of the market. Company Overview
24.3.3. Products And Services.
24.3.4. Business Strategy
24.3.5. Financial Overview
24.4. Deloitte Touche Tohmatsu Limited
24.4.1. Company Overview
24.4.2. Products And Services.
24.4.3. Business Strategy
24.4.4. Financial Overview
24.5. KPMG International Limited
24.5.1. Company Overview
24.5.2. Products And Services
24.5.3. Business Strategy
24.5.4. Financial Overview
24.6. ADP LLC
24.6.1. Company Overview
24.6.2. Products And Services
24.6.3. Business Strategy
24.6.4. Financial Overview
25. Key Mergers And Acquisitions In The Accounting Services Market
25.1. Azets Acquired DanAccount
25.2. Armstrong Watson Acquired Grants Chartered Accountants
25.3. Acclime Acquired HMC Corporate Services
25.4. IRIS Software Group Acquired AccountantsWorld
25.5. Talenom To Acquire Kjell Wengbrand Redovisnings
25.6. Talenom To Acquire MH Konsult Vast
25.7. FreshBooks Acquired FastBill
25.8. Tricor Group To Acquire PT ASA Indonesia
25.9. InCorp Global Acquired WeCorporate Global Consultancy
25.10. Zedra Group Acquired Awans Corporate Services
25.11. Wipfli Acquired Hughes & Company
25.12. Wipfli LLP Acquired Stratagem CPA
25.13. Clark Schaefer Hackett & Co. Acquired Keelsra Business Services
25.14. Marcum LLP Acquired Skoda Minotti
25.15. Wipfli LLP Acquired Porter Keadle Moore, LLC
25.16. Moss Adams LLP Merged With Hein & Associates LLP
25.17. Steger Gowie & Co. Merged with Merves Amon & Barsz
25.18. AGH, LLC Merged With Carr, Riggs & Ingram
26. Market Background: Professional Services Market
26.1. Professional Services Market Characteristics
26.1.1. Market Definition
26.1.2. Segmentation By Type Of Service
26.2. Global Professional Services Market, Segmentation By Type, 2016 - 2026, Value ($ Billion)
26.3. Global Professional Services Market, 2021, By Region, Value ($ Billion)
26.4. Global Professional Services Market, 2016 - 2026, Historic And Forecast, By Region
27. Global Accounting Services Market Opportunities and Strategies
27.1. Global Accounting Services Market In 2026 - Countries Offering Most New Opportunities
27.2. Global Accounting Services Market In 2026 - Segments Offering Most New Opportunities
27.3. Global Accounting Services Market In 2026 - Growth Strategies
27.3.1. Market Trend Based Strategies
27.3.2. Competitor Strategies
28. Accounting Services Market, Conclusions And Recommendations
28.1. Conclusions
28.2. Recommendations
28.2.1. Product
28.2.2. Place
28.2.3. Price
28.2.4. Promotion
28.2.5. People
29. Appendix
29.1. Market Data Sources
29.2. Research Methodology
29.3. Currencies
29.4. Research Inquiries
29.5. About the Publisher
30. Copyright And Disclaimer
Executive Summary
Accounting Services Global Market Opportunities And Strategies To 2031: COVID-19 Impact and Recovery provides the strategists; marketers and senior management with the critical information they need to assess the global accounting services market as it emerges from the COVID 19 shut down.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 48 geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
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Description:
Where is the largest and fastest growing market for accounting services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The accounting services market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider accounting services market; and compares it with other markets.
The report covers the following chapters
- Executive Summary - The executive summary section of the report gives a brief overview and summary of the report.
- Report Structure - This section gives the structure of the report and the information covered in the various sections.
- Introduction - This section gives the segmentation of the accounting services market by geography, by type, by end-user industry, and by service provider covered in this report.
- Market Characteristics - The market characteristics section of the report defines and explains the accounting services market. This section includes different goods covered in the report and basic definitions.
- Product Analysis - The product analysis section of the report describes the leading products in the market along with key features and differentiators for those products.
- Supply Chain - The supply chain section of the report defines and explains the key players in the accounting services industry supply chain.
- Customer Information - This section covers recent customers’ trends/preferences in the global accounting services market.
- Trends And Strategies - This section describes the major trends shaping the global accounting services market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- COVID-19 Impact - This section describes the impact of the COVID-19 pandemic on the accounting services market.
- Global Market Size And Growth - This section contains the global historic (2016-2021) and forecast (2021-2026, 2031) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.
- Regional Analysis - This section contains the historic (2016-2021), forecast (2021-2026, 2031) market value and growth and market share comparison by region.
- Segmentation - This section contains the market values (2016-2021, 2021-2026, 2031) and analysis for different segments in the market.
- Global Macro Comparison - The global accounting services market comparison with macro-economic factors gives the accounting services market size, percentage of GDP, and average accounting services market expenditure.
- Regional Market Size and Growth - This section contains the region’s market size (2021), historic and forecast (2021-2026, 2031) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).
- Competitive Landscape - This section covers details on the competitive landscape of the global accounting services market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions - This section gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Background - This section describes the information technology market of which the accounting services market is a segment. This section includes the information technology market 2016-26 values, and regional analyses for the information technology market.
- Market Opportunities And Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for accounting services providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope:
Markets Covered:
- 1) By Type: Payroll Services; Tax Preparation Services; Bookkeeping, Financial Auditing And Other Accounting Services
- 2) By End Use Industry: IT Services; Manufacturing; Financial Services; Construction; Others
- 3) By Service Provider: Large Enterprise; Small And Medium Enterprise
Companies Mentioned:
PwC; Ernst & Young; Deloitte Touche Tohmatsu Limited; KPMG; ADP (Automatic Data Processing, Inc.)
Countries:
Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions:
Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series:
Five years historic and ten years forecast.
Data:
Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; accounting services indicators comparison.
Data segmentations:
country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing:
Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- PwC
- Ernst & Young
- Deloitte Touche Tohmatsu Limited
- KPMG
- ADP (Automatic Data Processing, Inc.)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 372 |
| Published | July 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 587.94 Billion |
| Forecasted Market Value ( USD | $ 1738.7 Billion |
| Compound Annual Growth Rate | 11.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
