Artificial Intelligence

Artificial Intelligence in Accounting Market Share, Technology, Industry Growth, and Forecast 2028 – Cole Reports


This detailed market study covers artificial intelligence in accounting market growth potentials which can assist the stake holders to understand key trends and prospects in artificial intelligence in the accounting market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market’s growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global artificial intelligence in the accounting market.

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According to the report, the artificial intelligence in accounting market report highlights market opportunities and competitive scenarios for artificial intelligence in accounting on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of artificial intelligence in the accounting market. The artificial intelligence in accounting market has been segmented by component (solutions, services), by deployment mode (on-premises and cloud), by technology (machine learning (ml) and deep learning, NLP), by enterprise size (large enterprises and small & medium-sized enterprises), by application (automated bookkeeping, fraud and risk management, and invoice classification and approvals). Historic back-drop for artificial intelligence in the accounting market has been analyzed according to organic and inorganic developments to provide precise market size estimations. Also, key factors impacting the growth of artificial intelligence in the accounting market have been identified with potential gravity.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

By region, the artificial intelligence in the accounting market has been segmented in North America, Europe, Asia Pacific, Middle East, and the Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region.

Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for artificial intelligence in the accounting market. Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for artificial intelligence in the accounting market with a strong market potential during the forecast period. The rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

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This report provides:

1) An overview of the global market for artificial intelligence in the accounting market and related technologies.

2) Analysis of global market trends, yearly estimates, and annual growth rate projections for compounds (CAGRs).

3) Identification of new market opportunities and targeted consumer marketing strategies for global artificial intelligence in the accounting market.

4) Analysis of R&D and demand for new technologies and new applications

5) Extensive company profiles of key players in the industry.

The researchers have studied the market in-depth and have developed important segments such as product type, application, and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects, and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

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With an emphasis on strategies, there have been several primary developments done by major companies such as Microsoft, AWS, Xero, Intuit, Sage, OSP, UiPath, Kore.ai, AppZen, YayPay, IBM, Google, EY, Deloitte, PwC, KPMG, SMACC, OneUp, Vic.ai, Hyper Anna, Botkeeper, MindBridge Analytics, Bill.com

Market Segmentation:

By Component:

By Deployment Mode:

By Technology:

  • Machine Learning (ML) and Deep Learning
  • NLP

By Enterprise Size:

  • Large Enterprises
  • Small & Medium-Sized Enterprises

By Application:

  • Automated Bookkeeping
  • Fraud and Risk Management
  • Invoice Classification and Approvals

By Region:

  • North America
    • North America, by Country
    • North America, by Component
    • North America, by Deployment Mode
    • North America, by Technology
    • North America, by EnterpriseSize
    • North America, by Application
  • Western Europe
    • Western Europe, by Country
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • The Netherlands
      • Rest of Western Europe
    • Western Europe, by Component
    • Western Europe, by Deployment Mode
    • Western Europe, by Technology
    • Western Europe, by EnterpriseSize
    • Western Europe, by Application
  • Asia Pacific
    • Asia Pacific, by Country
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Indonesia
      • Rest of Asia Pacific
    • Asia Pacific, by Component
    • Asia Pacific, by Deployment Mode
    • Asia Pacific, by Technology
    • Asia Pacific, by EnterpriseSize
    • Asia Pacific, by Application
  • Eastern Europe
    • Eastern Europe, by Country
      • Russia
      • Turkey
      • Rest of Eastern Europe
    • Eastern Europe, by Component
    • Eastern Europe, by Deployment Mode
    • Eastern Europe, by Technology
    • Eastern Europe, by EnterpriseSize
    • Eastern Europe, by Application
  • Middle East
    • Middle East, by Country
      • UAE
      • Saudi Arabia
      • Qatar
      • Iran
      • Rest of Middle East
    • Middle East, by Component
    • Middle East, by Deployment Mode
    • Middle East, by Technology
    • Middle East, by EnterpriseSize
    • Middle East, by Application
  • Rest of the World
    • Rest of the World, by Country
    • Rest of the World, by Component
    • Rest of the World, by Deployment Mode
    • Rest of the World, by Technology
    • Rest of the World, by EnterpriseSize
    • Rest of the World, by Application

Companies Covered: Microsoft, AWS, Xero, Intuit, Sage, OSP, UiPath, Kore.ai, AppZen, YayPay, IBM, Google, EY, Deloitte, PwC, KPMG, SMACC, OneUp, Vic.ai, Hyper Anna, Botkeeper, MindBridge Analytics, Bill.com

Years Covered in the Study:

Historic Year: 2017-2018

Base Year:2019

Estimated Year: 2020

Forecast Year: 2028

Objectives of this report:
    • To estimate the market size for artificial intelligence in the accounting market on a regional and global basis.
• To identify major segments in Artificial intelligence in the accounting market and evaluate their market shares and demand.
• To provide a competitive scenario for Artificial intelligence in the accounting market with major developments observed by key companies in the historic years.
• To evaluate key factors governing the dynamics of Artificial intelligence in the accounting market and their potential gravity during the forecast period.

Reasons to Buy This Report:
• Offers unique insights into the decision-making process for every possible segment that aids in strategic decision making.
• Market size estimate of regionally and internationally focused Artificial intelligence in the accounting market.
• Unique research methodology based on the dynamics of Artificial intelligence in the accounting market.
• Identification of major companies operating in the industry with key strategies adopted in recent years
• Exhaustive scope to help each stakeholder across the value chain of Artificial intelligence in the accounting market.

Customization:
This study is customized to meet your specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
• Product Specific Competitive Analysis

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