Online accounting systems are specifically designed to be used through the Internet, rather than being installed locally onto company computers. This reduces information technology requirements like server hardware, backups and maintenance and shifts the expenditure from being a large up-front capital cost to a much smaller, but ongoing, monthly or annual fee.
This report contains market size and forecasts of Online Accounting Systems in Global, including the following market information:
Global Online Accounting Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Online Accounting Systems market was valued at 3501.8 million in 2021 and is projected to reach US$ 7517.7 million by 2028, at a CAGR of 11.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Browser-based, SaaS Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Online Accounting Systems include Intuit, Sage, SAP, Oracle(NetSuite), Microsoft, Infor, Epicor, Workday and Unit4, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Online Accounting Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Online Accounting Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Online Accounting Systems Market Segment Percentages, by Type, 2021 (%)
Browser-based, SaaS
Application Service Providers (ASPs)
Global Online Accounting Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Online Accounting Systems Market Segment Percentages, by Application, 2021 (%)
SMEs
Large Enterprises
Other Users
Global Online Accounting Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Online Accounting Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Online Accounting Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Online Accounting Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Intuit
Sage
SAP
Oracle(NetSuite)
Microsoft
Infor
Epicor
Workday
Unit4
Xero
Yonyou
Kingdee
Acclivity
FreshBooks
Zoho
Assit Cornerstone
MEGI
Reckon
KashFlow