The study covers a detailed analysis segmented by key business segments i.e. by type (Manufacturing, Services and Retail) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Desktop Type Accounting Software market throughout the predicted period.
What is Desktop Type Accounting Software?
Desktop Type Accounting Software is used for effective accounting solution across industries to manage finance solutions such as account receivable, billing and invoicing, purchase and sales orders, accounts payable, general ledger and reporting. Also, this software offers flexibility and customization along with additional features to give user more power.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Desktop Type Accounting Software market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- Intuit [United States]
- Sage [United States]
- SAP [Germany]
- Oracle (NetSuite) [United States]
- Microsoft [United States]
- Infor [United States]
- Epicor [United States]
- Workday [United States]
- Unit4 [Netherlands]
- Xero [New Zealand]
- Yonyou [China]
- Kingdee [China]
- Acclivity [United States]
- FreshBooks [Canada]
- Intacct [United States]
- Assit cornerstone [United States]
- Aplicor [United States]
- Red wing [United States]
Desktop Accounting software are subjected to data breach and stringent regulations are in place to protect the same regulatory bodies such as General Data Protection Regulation (EU) and the Privacy Shield (USA). As per GDPR, Controllers of personal data must put in place appropriate technical and organisational measures to implement the data protection principles. Business processes that handle personal data must be designed and built with consideration of the principles and provide safeguards data.
Market Trend
Real-Time Business Management and Integration with Cloud
Restraints
- High Purchase Price
- Less Control on Data.
Opportunities
Development of Machine Powered Accounting Software and Rising Adoption in Small Businesses
Key highlights of the Global Desktop Type Accounting Software market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Desktop Type Accounting Software market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Desktop Type Accounting Software market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Desktop Type Accounting Software Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Desktop Type Accounting Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Desktop Type Accounting Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Desktop Type Accounting Software Providers, Potential Investors, Research Institute, Government Agencies and Other.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.