Accounting Services Industry Outlook, 2020-2030 – Impact of COVID-19 on Global Industry Developments –

DUBLIN–(BUSINESS WIRE)–The report “Accounting Services Industry Insights, 2020-2030” has been added to from offer.

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces historical and forecast market growth by geography. It places the market in the context of the broader accounting services market and compares it to other markets.

The global accounting services market is expected to grow from $574.5 billion in 2019 to $576 billion in 2020 at a compound annual growth rate (CAGR) of 0.3%. The weak growth is mainly due to the economic slowdown in all countries due to the COVID-19 epidemic and the measures taken to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $687.7 billion in 2023.

North America was the largest region in the global accounting services market, accounting for 43% of the market in 2019. Western Europe was the second largest region, accounting for 35% of the global accounting services market . Africa was the smallest region in the global accounting services market.

Some accountants outsource typical core accounting tasks such as payroll accounting, accounts payable and accounts receivable to allow their employees to focus on higher value activities such as becoming vertical experts in their markets. customers and analyze their customers’ business data. This extra attention and analysis transforms the role of a traditional accountant into a business advisor and takes customer service to the next level by developing strong advice-oriented relationships.

Report scope

  • The market characteristics section of the report defines and explains the market.

  • The market size section gives the market size (in billions of dollars) covering both the historical market growth, the impact of the COVID-19 virus and the forecast of its recovery.

  • Market segmentations break down the market into sub-markets.

  • The regional and country breakdowns section gives an analysis of the market in each geography and the market size by geography and compares their historical and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, major developed countries and major emerging markets.

  • The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the major companies. The main financial transactions that have shaped the market in recent years are identified.

  • The trends and strategies section analyzes the shape of the market coming out of the crisis and suggests how companies can grow as the market recovers.

  • The accounting services market section of the report provides context. It compares the accounting services market with other segments of the professional services market by size and growth, historical and forecast. It analyzes the proportion of GDP, expenditure per capita, comparison of indicators of accounting services.

Main topics covered

1. Summary

2. Structure of the report

3. Characteristics of the accounting services market

3.1. Market definition

3.2. Key segments

4. Product Analysis of Accounting Services Market

4.1. Featured products/services

4.2. Key Features and Differentiators

4.3. Development products

5. Accounting Services Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End customers

6. Accounting Services Market Customer Information

6.1. Customer preferences

6.2. End-use market size and growth

7. Accounting Services Market Trends and Strategies

8. Accounting Services Market Size and Growth

8.1. Market size

8.2. Historical Market Growth, Value (Billions of dollars)

8.2.1. Market Drivers

8.2.2. Market Constraints

8.3. Market growth forecast, value (in billions of dollars)

8.3.1. Market Drivers

8.3.2. Market Constraints

9. Accounting Services Market Regional Analysis

9.1. Global accounting services market, 2019, by region, value (USD billion)

9.2. Global Accounting Services Market, 2015-2019, 2023F, 2025F, 2030F, Historical & Forecast, By Region

9.3. Global Accounting Services Market Growth and Market Share Comparison, By Region

10. Accounting Services Market Segmentation

10.1. Global Accounting Services Market, Segmentation by Type, History & Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

  • payroll services

  • Tax preparation services

  • Bookkeeping, financial audit and other accounting services

10.2. Global accounting services market, segmentation by end-use industry, history and forecast, 2015-2019, 2023F, 2025F, 2030F, USD billion

  • IT services

  • Manufacturing

  • Financial services

  • Construction

  • Others

11. Accounting Services Market Measurements

11.1. Accounting services market size, percentage of GDP, 2015-2023, global

11.2. Average accounting services market expenditure per capita, 2015-2023, world

Companies cited

  • PwC LLP

  • Ernst & Young LLP

  • Deloitte LLP

  • KPMG srl

  • BDO International Ltd.

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Kristan F. Talley