Small Business Accounting Software Market Insights and In-Depth Analysis 2021-2025 with Types, Products and Key Players

 Mobile Applications to Push Futuristic Growth Opportunities in Global Small Business Accounting Software Market

Need for maintaining the financial health and economical viability of businesses have translated greater adoption of advanced technological solutions such as accounting software to ensure operational ease, reduction of financial burden and maintaining data scalability and transparency. These factors are offering robust growth launchpad for global small business accounting software market. Adroit Market Research in its recent report addition scouts through various market relevant developments and assesses their growth viability to further inspire lucrative business decisions and ample competitive edge for esteemed report readers.

Yet another prominent growth booster for global accounting software for small businesses is gradual shift in enterprise preferences for hassle-free options. Previously used enterprise resource program is being gradually replaced by agile accounting software to minimize costs, a ERP installations are cost intensive. This again is identified as a favorable growth driver.

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The global small business accounting software market size is expected to reach 13769.6 million by the end of 2023. To boost the nation’s growth, the governments across the globe have taken initiatives to set up funding and investment for startups. This has increased the number of small companies during the past few years. Additionally, the graph of employment opportunities has relatively declined during the previous decades. This may be the driving force for people to start their venture which resulted in a higher number of small and micro firms and subsequently become the impetus for higher adoption of small business accounting software.

Company Launches New Mobile Application Based Accounting Software for Small Businesses

Several market participants in small business accounting software market are improving their product lines with novel integration of features that support adoption across smartphones, thus launching new and improved mobile applications of small business accounting software. IN this regard, it is worth mentioning the novel investments by leading player Sunrise. The company has just recently upgraded its portfolio with the launch of mobile application for small business accounting software to entice greater adoption.

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Small businesses have a range of essential tasks such as bookkeeping which are now managed with this new smart phone application. Other functionalities such as billing and catalogue maintenance are also offered by this new software application for small business accounting software market.

The idea is to shift the burden of tedious accounting and bookkeeping tasks towards more productive applications. With technological intervention, small businesses are gradually imbibing accounting software in their operational cycles.

The market is highly competitive and dominated by companies such as Zoho Corporation Pvt. Ltd., Fresh Books, Kashoo, Intuit, Xero, Sage Group PLC, Wave Financial Inc., ScaleFactor, MYOB, FreeAgent, ZipBooks, and Reckon One. To remain on the competitive edge of the market, companies acquire, merge and partner with other companies. For instance, Xero which is a global small business platform declared partnership with GreatSoft in Australia. GreatSoft which is a scalable cloud-based practice management solution for big accounting firms. This tie-up will help prominent firms to adopt Xero’s cloud accounting tools manage thousands of jobs, clients and staff in GreatSoft. 

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Segment Overview of Global Small Business Accounting Software Market

Type Overview, 2015-2025 (USD Million)

• Cloud-Based
• On-Premises

Application Overview, 2015-2025 (USD Million)

• BFSI
• Manufacturing
• Retail & Wholesale
• Food & Beverages
• Construction
• Others

Regional Overview, 2015-2025 (USD Million)

• North America
• U.S.
• Canada
• Europe
• France
• Germany
• UK
• Italy
• Russia
• Spain
• Rest of Europe
• Asia Pacific
• India
• Japan
• China
• South Korea
• Australia
• South East Asia
• Rest of APAC
• Middle East and Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC
• Rest of MEA
• CSA
• Brazil
• Argentina
• RCSA
• Total

What does the report include?

The study on the global Small Business Accounting Software market includes qualitative factors such as drivers, restraints, and opportunities

Additionally, the market has been evaluated using the Porter’s 5 Forces and Value Chain Analysis.

The study covers the qualitative and quantitative analysis of the market segmented on the basis of type and application. Moreover, the study provides similar information for the key geographies.

Actual market sizes and forecasts have been provided for all the above-mentioned segments.

The study includes the profiles of key players in the market with a significant Global and/or regional presence.

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Major Points from Table of Contents:

Chapter 1   Scope of the Report
                1.1 Market Introduction
                1.2 Product Overview and Scope of Small Business Accounting Software
                1.3 Research Objectives
                1.4 Classification of Small Business Accounting Software
                1.5 Assumptions
Chapter 2   Executive Summary
                2.1 Word Market Overview
                        2.1.1   Global Small Business Accounting Software market Size 2013-2023
                        2.1.2   Small Business Accounting Software Market Size & CAGR by Region 2018-2023
                2.2 Small Business Accounting Software Segment by Type
                        2.2.1   Market Size By Type
                            2.2.1.1 Small Business Accounting Software Market Size by Type
                            2.2.1.2 Global Small Business Accounting Software Market Share by Type (2018-2025)
                        2.2.2   Cloud Based
                        2.2.3   On-Premise
                2.3 Small Business Accounting Software Segment by Application
                        2.3.1   Market Size By Application
                            2.3.1.1 Small Business Accounting Software Market Size by Application
                            2.3.1.2 Global Small Business Accounting Software Market Share by Application (2018-2025)
                        2.3.2   BFSI
                        2.3.3   Manufacturing
                        2.3.4   Retail & Wholesale
                        2.3.5   Food & Beverages
                        2.3.6   Construction
                        2.3.7   Others
Chapter 3   Global Small Business Accounting Software Market Size by Players
                3.1 Global Small Business Accounting Software Market Share by Players
                3.2 Global Small Business Accounting Software Key Players Head office and Products Offered
                3.3 Market Concentration Rate Analysis (CR5 and HHI)
                        3.3.1   Competitive Landscape Analysis
                            3.3.1.1 New Product Development
                            3.3.1.2 Partnerships
                            3.3.1.3 Merger & Acquisition
                            3.3.1.4 Innovations
                            3.3.1.5 Expansions
Chapter 4   Global Small Business Accounting Software Market, By Region
                4.1 Global Small Business Accounting Software Market Size by Regions
                4.2 North America Small Business Accounting Software Market Size
                4.3 APAC Small Business Accounting Software Market Size
                4.4 Europe Small Business Accounting Software Market Size
                4.5 Middle East & Africa Small Business Accounting Software Market Size
                4.6 South America Small Business Accounting Software Market Size
                4.7 Global Small Business Accounting Software Market Share by Region
Chapter 5   North America Small Business Accounting Software Market

Continued….

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