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The Global Accounting Services Market Is Forecast To Grow At A High CAGR To 2020
Posted: Jan 05, 2019
The Business Research Company’s global accounting services market analysis covers the year-on-year growth of the global accounting services market historic and forecast growth. It also includes chapters on the accounting services market trends, geographical analysis, and competitive landscape.
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https://www.thebusinessresearchcompany.com/report/accounting-services-global-market-report-2018
The global accounting services market is forecast to grow at a CAGR (compound annual growth rate) of around 5.3% to 2020.
Accounting Services Market Segmentation
According to TBRC’s global accounting services market research, the market is split by segments into payroll & bookkeeping services, tax preparation services and other accounting services.
Payroll & bookkeeping services was the largest segment in the professional services market with a 49.4% share of the market.
Tax preparation services was the second largest segment in the professional services market with a 44.5% share of the market.
Other accounting services was the third largest segment in the professional services market with a 6.1% share of the market.
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The global accounting services market report covers the following regions under the geographical analysis section: Asia pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global accounting services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are PwC, EY, Deloitte, KPMG and BDO International.
Accounting services provide systematic and comprehensive recording of financial transactions pertaining to businesses. The service involves summarizing, analyzing, auditing and reporting of the financial transactions for tax collection agencies and entities. It also involves auditing and preparing financial statements, designing accounting systems, developing budgets and accounting advisory.
The top five companies covered are PwC LLP, Ernst & Young LLP, Deloitte LLP, KPMG LLP and BDO International Ltd. PricewaterhouseCoopers International Limited (PwC) was the largest company in the accounting services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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