Global Growth Forecast of Business Accounting Software Market Feb-2017
Global Business Accounting Software Market 2017-2021
The Business Accounting Software Market report contains a comprehensive market and vendor
landscape in addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are
the key players in the global business accounting software market: Acclivity, FreshBooks, Intacct, Intuit,
Microsoft, Oracle, Red Wing Software, Sage Group, SAP, Xero, and Zoho. Other Prominent Vendors in
the market are: Deltek, FinancialForce.com, Wave Accounting, Xpenditure, and Yendo.
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The latest trend gaining momentum in the market is emergence of business accounting mobile
applications. Business accounting mobile applications are transforming the way businesses operate.
The applications help customers handle daily accounting tasks from anywhere and anytime. These
mobile apps help with accounting processes such as sending invoices, accepting payments, logging
expenses, tracking receipts, and planning budgets.
According to the report, one of the major drivers for this market is high focus on sustainability using
green IT. The adoption of cloud, virtualization, software automation, and multi-tenancy helps
organizations achieve energy efficiency and sustainability. The adoption of cloud is increasing as all
organizations seek sustainability to remain competitive in the market.
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Further, the report states that one of the major factors hindering the growth of this market is data
security and privacy issues. Industry verticals, like the financial services industry, functions and deals
with a substantial amount of confidential client data and customer data such as bank account
information, debit or credit card data, and business data for business transactions. As this information is
valuable, the industry usually becomes a target for cyber-attacks.
PART 01: Executive summary
PART 02: Scope of the report
Definition
Market overview
Market segmentation
Vendors
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market description