Mobile Accounting Software Market Set to Skyrocket, Expected to Reach $14.3 Billion in 2022

As per the study initiated by Evolve Business Intelligence, the global Mobile Accounting Software Market size accounted for USD 14.3 Billion in 2022, growing at a CAGR of 19.6% from 2023 to 2033. The mobile accounting software market refers to the global market for software applications that enable accounting professionals and business owners to perform accounting tasks on their mobile devices, such as smartphones and tablets. These software applications can help users manage financial transactions, create invoices, track expenses, and generate financial reports on the go. The market is driven by factors such as the increasing adoption of mobile devices for business operations, the need for real-time financial data, and the growing demand for cloud-based accounting solutions. The market is also influenced by the development of new technologies such as artificial intelligence and machine learning that enhance the performance and functionality of mobile accounting software.
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Key Highlights:
• The global Mobile Accounting Software Market size was valued at USD 14.3 billion in 2022 growing at a CAGR of 19.6% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Mobile Accounting Software Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Mobile Accounting Software Market report also includes the following data points:
• COVID19 Impact on Mobile Accounting Software Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Mobile Accounting Software Market
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Key Players
Some of the major Mobile Accounting Software Market players holding high market share include Intuit Inc., Microsoft corporation, Oracle Corporation and Sage Group Plc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Infor Inc.
• Intuit Inc.
• Microsoft corporation
• Oracle Corporation
• Sage Group Plc
• Sage Group plc
• SAP SE
• Thomson Reuters
• Xero Ltd
• Zeta Software LLC
• Zoho Corporation
Segmental Analysis
Market Segment ByType with focus on market share, consumption trend, and growth rate of Mobile Accounting Software Market:
o Spreadsheets
o Commercial Accounting Software
o Enterprise Accounting Software
o Custom Accounting Software
Market Segment ByApplication with focus on market share, consumption trend, and growth rate of Mobile Accounting Software Market:
o BFSI
o Retail and Ecommerce
o Manufacturing
o IT and Telecom
o Healthcare
o Government and Public Sector
Parameters Details
Market Size (2022) $ 14.3 Billion
CAGR (2023 to 2033) 19.6%
Market Segmentation Type, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Mobile Accounting Software Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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