Artificial Intelligence in Accounting: Market 2020 Rising Best Technology Trends Research By Major Key Players | Amazon Web Services, Inc., AppZen, Inc., Botkeeper, Ernst & Young LLP, Google LLC, Hyper Anna

The global artificial intelligence in accounting market generated revenue of US$ 697.9 million in 2020 and is expected to reach US$ 4,611.4 million by 2025 with a CAGR of 45.9% in the forecast period. The study offers a detailed analysis of the global market for artificial intelligence in accounting. Considering 2019 as the base year, the report provides projected market information for the 2020 to 2025 forecast period. The study includes information on the current size and projected growth of the overall artificial intelligence in accounting market and its associated business segments. Revenue estimates for this period segmented on the component, deployment model, enterprise size and application. It outlines the dynamics, the business environment, and emerging developments in the artificial intelligence in accounting market.

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A brief introduction to the Artificial Intelligence in Accounting Market research report.
Graphical introduction of the regional analysis.
Top players in the Artificial Intelligence in Accounting Market with their revenue analysis.
Selected illustrations of Artificial Intelligence in Accounting Market insights and trends.
Example pages from the Artificial Intelligence in Accounting Market report.

The Major Players in the Artificial Intelligence in Accounting Market.

Some of the major players of artificial intelligence in accounting market are Amazon Web Services, Inc., AppZen, Inc., Botkeeper, Ernst & Young LLP, Google LLC, Hyper Anna, IBM Corporation, Intuit Inc., Kore.ai, Inc., Microsoft Corporation, MindBridge Analytics Inc., SAGE, UiPath, Xero Limited, Yaypay, Inc.

Cloud based deployment model is expected to grow with the highest CAGR

Based on the deployment model, the Artificial Intelligence in Accounting market is segmented into on premises and cloud-based. The cloud-based deployment model is expected to grow with the highest CAGR I during the forecast period. Moreover, the on-premises deployment model holds the dominating position of the market in 2020 and is expected to retain its dominance throughout the forecast period.

Key Businesses Segmentation of Artificial Intelligence in Accounting Market

By Component
• Solution
• Services
o Professional Services
o Managed Services
The solution segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The service segment is further segmented into professional and managed services. The professional service segment accounts the dominant position in the market in 2020 whereas the managed service segment is expected to grow with the highest CAGR in the forecast period.

By Deployment Model
• On- Premises
• Cloud Based
The cloud based deployment model is expected to grow with the highest CAGR during the forecast period. In addition, on-premises hold a dominant market position in 2020 and are expected to remain dominant over the forecast period.

By Enterprise Size
• Small & Medium Enterprises
• Large Enterprises
The small & medium enterprises segment is expected to grow with the highest CAGR during the forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period.

By Application
• Automated Bookkeeping
• Invoice Classification and Approvals
• Fraud and Risk Management
• Reporting
• Others (Expense and Auditing Management, and Tax and Revenue Filing)

Some of the key factors contributing to the Artificial Intelligence in Accounting market growth include:

Growing per capita disposable income
Favorable for youth Demographics
Technology advancement

In terms of COVID 19 impact, the Artificial Intelligence in Accounting market report also includes following data points:

Impact on Artificial Intelligence in Accounting market Size
End User Trend, Preferences and Budget Impact of Artificial Intelligence in Accounting market
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact of Artificial Intelligence in Accounting market
New Opportunity Window of Artificial Intelligence in Accounting market

Key Question Answered in Artificial Intelligence in Accounting Market Report.

What are the strengths and weaknesses of the Artificial Intelligence in Accounting Market?
What are the different marketing and distribution channels?
What is the current CAGR of the Artificial Intelligence in Accounting Market?
What are the Artificial Intelligence in Accounting market opportunities in front of the market?
What are the highest competitors in Artificial Intelligence in Accounting market?
What are the key outcomes of SWOT and Porter’s five techniques?
What is the Artificial Intelligence in Accounting market size and growth rate in the forecast period?

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Major Points from Table of Contents:
There are 13 Chapters to thoroughly display the Artificial Intelligence in Accounting market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications, and regions.
Chapter 1: Artificial Intelligence in Accounting Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Artificial Intelligence in Accounting Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels, and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Artificial Intelligence in Accounting.
Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Artificial Intelligence in Accounting.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Artificial Intelligence in Accounting by Regions.
Chapter 6: Artificial Intelligence in Accounting Production, Consumption, Export, and Import by Regions.
Chapter 7: Artificial Intelligence in Accounting Market Status and SWOT Analysis by Regions.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Artificial Intelligence in Accounting.
Chapter 9: Artificial Intelligence in Accounting Market Analysis and Forecast by Type and Application.
Chapter 10: Artificial Intelligence in Accounting Market Analysis and Forecast by Regions.
Chapter 11: Artificial Intelligence in Accounting Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.
Chapter 12: Artificial Intelligence in Accounting Market Conclusion of the Whole Report.
Chapter 13: Appendix Such as Methodology and Data Resources of Artificial Intelligence in Accounting Market Research.
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