Press release
Artificial Intelligence in Accounting Market 2020-2025: Increasing Demand Of Substitutes & Rising Number Of Market Players - Microsoft, AWS), Xero, Intuit, Sage, OSP
Artificial Intelligence in Accounting Market
Global Artificial Intelligence in Accounting Market overview:
Detailed Study on Artificial Intelligence in Accounting Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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The report is a compilation of first-hand information Artificial Intelligence in Accounting to learn and adapt accordingly has brought it to the fore today. As AI not just acts without human intervention but also pulls accurate outcomes from a large amount of data, it is much more beneficial for data-driven industries, such as accounting and finances. While the demand for Artificial Intelligence is increasing manifolds in digital marketing and finance, the accounting market is also reporting its widespread usage in their applications.
The Global Artificial Intelligence in Accounting Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Artificial Intelligence in Accounting Market is sub segmented into Hardware, Software, Service. Based on End Use Industry segment, the Artificial Intelligence in Accounting Market is sub segmented into Automated Bookkeeping, Invoice Classification and Approvals, Fraud and Risk Management.
Considering the regional analysis, North America is a major revenue generating region in the global Artificial Intelligence in Accounting Market. The region experiences maximum developments in the AI in accounting space. Majority of the AI-based solution providers across the region are constantly involved in product innovations and deployment of these Artificial Intelligence -based accounting solutions and services. The vendors across the region are adopting various growth strategies, such as product enhancements and new launches, partnerships, and acquisitions, to strengthen their position in the Artificial Intelligence in Accounting Market.
Some of the Artificial Intelligence in Accounting Market manufacturers involved in the market are Microsoft (US), AWS (US), Xero (New Zealand), Intuit (US), Sage (England), OSP (US), UiPath (US), Kore.ai (US), AppZen (US), YayPay (US), IBM (US), Google (US), EY (UK), Deloitte (US), PwC (UK), KPMG (Netherlands), SMACC (Germany), OneUp (US), Vic.ai (US), Hyper Anna (Australia), Botkeeper (US), MindBridge Analytics (Canada, Acquisitions and effective mergers are some of the strategies adopted by the Artificial Intelligence in Accounting Market manufacturers. New product launches and continuous technological innovations are the Artificial Intelligence in Accounting Market strategies adopted by the major players.
Latest Industry Updates:
Microsoft:- Until recently, a multinational company looking to help customers around the world book international travel would have had to build separate chatbots from scratch to converse in French, Hindi, Japanese or other languages. But thanks to artificial intelligence research breakthroughs that have enabled algorithms to more accurately parse nuances in the way different languages express concepts or structure sentences, it is now possible to build a single bot and use Microsoft Translator to translate questions and answers accurately enough for use in multiple countries.
Over the past few years, Microsoft deep learning researchers were the first to achieve human parity milestones in developing algorithms that could perform about as well as a person on research benchmarks testing conversational speech recognition, reading comprehension, translation of news articles and other challenging language understanding tasks. Now, the benefits of those AI research breakthroughs are making their way into products from Azure to Bing.
Search engineers are borrowing lessons from Microsoft AI researchers who developed a new deep neural network model that can learn from multiple natural language understanding tasks at once. They've applied those lessons to improve answers to questions and captions in Bing search results and question answering in corporate SharePoint sites. A new AI model that performed well on a recent speaker recognition challenge to recognize speakers from real life speech is being incorporated into Azure's Speaker Recognition Cognitive Service
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Artificial Intelligence in Accounting Market Report 2020
1 Artificial Intelligence in Accounting Definition
2 Global Artificial Intelligence in Accounting Market Major Player Share and Market Overview
3 Major Player Artificial Intelligence in Accounting Business Introduction
4 Global Artificial Intelligence in Accounting Market Segmentation (Region Level)
5 Global Artificial Intelligence in Accounting Market Segmentation (Product Type Level)
6 Global Artificial Intelligence in Accounting Market Segmentation (Industry Level)
7 Global Artificial Intelligence in Accounting Market Segmentation (Channel Level)
8 Artificial Intelligence in Accounting Market Forecast 2020-2024
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