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(2022-2031) Accounting Services Market Growth, Segments, Size And Demand | Top Key Players PwC, Ernst & Young, KPMG, Deloitte Touche Tohmatsu Limited
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The global Accounting Services market report by the business research company regulatory reforms in the financial sector have heightened demand for accounting services such as accounting and tax advisory. For instance, Basel-3 standards were implemented in 2019, which increased the demand for accounting services globally. The Basel Committee on Banking Supervision designed Basel III as a set of internationally agreed-upon policies in response to the financial crisis. The reforms are intended to improve bank regulation, oversight, and risk management. Over the next five years, further major changes, such as the UK's exit from the EU, will create additional demand for accounting consultants, thereby driving the market.
The global accounting services market grew from $587.94 billion in 2021 to $639.3 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The accounting services market is expected to grow to $755.83 billion in 2026 at a CAGR of 4.3%.
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North America was the largest region in the accounting services market in 2021. Western Europe was the second largest region in the accounting services market. The regions covered in the accounting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major companies in the accounting services market include PwC, Ernst & Young, KPMG, Deloitte Touche Tohmatsu Limited, ADP LLC, BDO LLP, Paychex Inc., Grant Thornton LLP, RSM International and H&R Block Inc.
The global accounting services market is segmented -
1) By Type: Payroll Services, Tax Preparation Services, Bookkeeping, Financial Auditing, Other Accounting Services
2) By End Use Industry: IT Services, Manufacturing, Financial Services, Construction, Others
3) By Service Provider: Large Enterprise, Small and Medium Enterprise
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The Accounting Services Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Accounting Services Market Characteristics
4. Accounting Services Market Product Analysis
5. Accounting Services Market Supply Chain
....
21. Key Mergers And Acquisitions In The Accounting Services Market
22. Market Background: Professional Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
This report covers the trends and market dynamics of the Accounting Services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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