Artificial Intelligence in Accounting Market Growth Opportunities, Emerging Trends and Forecast 2028 | Leading Players: Microsoft, AWS, Xero, Intuit, IBM, Google, Deloitte, PwC, KPMG among Others
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According to the report, the artificial intelligence in accounting market report highlights market opportunities and competitive scenarios for artificial intelligence in accounting on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the artificial intelligence in accounting market. The artificial intelligence in accounting market has been segmented by component (solutions, services), by deployment mode (on-premises and cloud), by technology (machine learning (ml) and deep learning, NLP), by enterprise size (large enterprises and small & medium-sized enterprises), by application (automated bookkeeping, fraud and risk management, and invoice classification and approvals). Historic back-drop for artificial intelligence in accounting market has been analyzed according to organic and inorganic developments to provide precise market size estimations. Also, key factors impacting the growth of the artificial intelligence in accounting market have been identified with potential gravity.
Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.
By region, the artificial intelligence in accounting market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region.
Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for artificial intelligence in accounting market. Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for the artificial intelligence in accounting market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.
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This report provides:
1) An overview of the global market for artificial intelligence in accounting market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global artificial intelligence in accounting market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.
The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.
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With an emphasis on strategies there have been several primary developments done by major companies such as Microsoft, AWS, Xero, Intuit, Sage, OSP, UiPath, Kore.ai, AppZen, YayPay, IBM, Google, EY, Deloitte, PwC, KPMG, SMACC, OneUp, Vic.ai, Hyper Anna, Botkeeper, MindBridge Analytics, Bill.com
By Deployment Mode:
• Machine Learning (ML) and Deep Learning
By Enterprise Size:
• Large Enterprises
• Small & Medium-Sized Enterprises
• Automated Bookkeeping
• Fraud and Risk Management
• Invoice Classification and Approvals
o North America, by Country
o North America, by Component
o North America, by Deployment Mode
o North America, by Technology
o North America, by EnterpriseSize
o North America, by Application
o Western Europe, by Country
Rest of Western Europe
o Western Europe, by Component
o Western Europe, by Deployment Mode
o Western Europe, by Technology
o Western Europe, by EnterpriseSize
o Western Europe, by Application
o Asia Pacific, by Country
Rest of Asia Pacific
o Asia Pacific, by Component
o Asia Pacific, by Deployment Mode
o Asia Pacific, by Technology
o Asia Pacific, by EnterpriseSize
o Asia Pacific, by Application
o Eastern Europe, by Country
Rest of Eastern Europe
o Eastern Europe, by Component
o Eastern Europe, by Deployment Mode
o Eastern Europe, by Technology
o Eastern Europe, by EnterpriseSize
o Eastern Europe, by Application
o Middle East, by Country
Rest of Middle East
o Middle East, by Component
o Middle East, by Deployment Mode
o Middle East, by Technology
o Middle East, by EnterpriseSize
o Middle East, by Application
Rest of the World
o Rest of the World, by Country
o Rest of the World, by Component
o Rest of the World, by Deployment Mode
o Rest of the World, by Technology
o Rest of the World, by EnterpriseSize
o Rest of the World, by Application
Years Covered in the Study:
Historic Year: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2028
Objectives of this report:
• To estimate the market size for the artificial intelligence in accounting market on a regional and global basis.
• To identify major segments in the Artificial intelligence in accounting market and evaluate their market shares and demand.
• To provide a competitive scenario for the Artificial intelligence in accounting market with major developments observed by key companies in the historic years.
• To evaluate key factors governing the dynamics of the Artificial intelligence in accounting market and their potential gravity during the forecast period.
Reasons to Buy This Report:
• Offers unique insights into the decision-making process for every possible segment that aids in strategic decision making.
• Market size estimate of regionally and internationally focused Artificial intelligence in accounting market.
• Unique research methodology based on the dynamics of the Artificial intelligence in accounting market.
• Identification of major companies operating in the industry with key strategies adopted in recent years
• Exhaustive scope to help each stakeholder across the value chain of the Artificial intelligence in accounting market.
This study is customized to meet your specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
• Product Specific Competitive Analysis
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