Market Overview:

The global Accounting Software Market Size was valued at USD 11,071.6 million in 2018 and is projected to reach USD 20,408.0 million by 2026, registering a compound annual growth rate (CAGR) of 8.02% during the forecast period. The growing demand for real-time data access, automation of financial operations, cloud adoption, and compliance management is driving the adoption of accounting software across small to large enterprises globally.

Key Market Highlights:

• 2018 Global Market Size: USD 11,071.6 million
• 2026 Projected Size: USD 20,408.0 million
• CAGR (2019–2026): 8.02%
• Deployment Models: Cloud-based, On-premises
• End Users: SMEs, Large Enterprises, Professionals
• Key Functions: Payroll, Billing, Inventory, Tax Filing, Budgeting, Forecasting

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Key Players:

• Intuit Inc. (QuickBooks)
• Oracle Corporation (NetSuite)
• SAP SE
• Sage Group plc
• Microsoft Corporation (Dynamics 365)
• Xero Limited
• Zoho Corporation
• Wave Financial Inc.
• FreshBooks