Artificial Intelligence in Accounting Market SWOT Analysis grow with a CAGR of 48.4% over the forecast period 2021-2027 | Kore.ai, AppZen, Deloitte

Global Artificial Intelligence in Accounting Market to reach USD 15.66 billion by 2027. Global Artificial Intelligence in AccountingMarket is valued at approximately USD 0.988 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 48.4% over the forecast period 2021-2027.

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The global Artificial Intelligence in Accounting Market report is one of the most helpful resources for business leaders seeking guidance on transforming their companies. This transformation depends on these opportunities to gain insights. This report also provides an estimate of market size and revenue forecast in US dollars. Research into Artificial Intelligence in Accounting Market trends is also beneficial to understanding future trends. Furthermore, the study will help companies considering entering the global Artificial Intelligence in Accounting Market to make efficient business decisions, which will provide momentum for their companies and businesses as a whole.

There is a comprehensive analysis of the factors affecting the Artificial Intelligence in Accounting Market in this report. In essence, they determine the direction of the market by identifying trends, restraints, and drivers. The report also examines restraints in detail, contrasting them with drivers and highlighting their potential in strategic planning. The expanding market offers numerous opportunities for deriving lucrative business opportunities despite its rapid growth. Taking these factors into account is essential in different strategies for capturing lucrative opportunities. The study also included an expert's opinion to provide a deeper understanding.

Covid-19 Impact on the Global Artificial Intelligence in Accounting Market

• Coronavirus (Covid-19) and its impact on Artificial Intelligence in Accounting Market appear in market reports.

• In response to the Covid-19 outbreak in December 2019, the virus has spread in a number of countries around the world, which has prompted the WHO to declare a public health emergency. Coronavirus has already begun to wreak havoc on the global market and the industry will be severely affected.

• The effects of this crisis have been many, including travel bans and quarantines, flight cancellations, indoor event restrictions, restaurant, and business closures, emergency declarations in many countries, falling business confidence, stock market volatility, escalating panic among residents, and an uncertain future.

Regional Analysis of the Artificial Intelligence in Accounting Market

The report covers the following regions: North America, Asia Pacific, Europe, Middle East, and Africa, and South America. Additionally, the study includes country-specific analyses of 25+ leading countries, such as the US, Germany, UK, Japan, China, India, UAE, South Korea, South Africa, and Brazil. This segmentation provides regional and country-level information about the market, highlighting the market dynamics by various segments described in the report.

Key Players in the Artificial Intelligence in Accounting Market

This study analyzes several prominent competitors in the Artificial Intelligence in Accounting Market are:

Microsoft
AWS
Xero
Intuit
Sage
OSP
UiPath
Kore.ai
AppZen
Deloitte

Market Segment Analysis of the Artificial Intelligence in Accounting Market

The global Artificial Intelligence in Accounting Market segmentation focuses on:

By Component:
Solutions
Services

By Deployment Mode:
Cloud
On-premises
By Technology:
Machine learning and Deep learning
NLP

By Enterprise size:
Large Enterprises
Small and Medium-sized Enterprises

By Application:
Automated Bookkeeping
Invoice Classification and Approvals
Fraud and Risk Management
Reporting
Others

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