Global & Regional Accounting Firm Services Market by Type (Tax Preparation Services, Financial Auditing, Financial Statement review, Tax planning and consulting, General accounting, Bookkeeping Services, Payroll Services, and Others), by Mode (Online and Offline), by Enterprise Size (Large Enterprise and Small & Medium Enterprise), by End Use Industry (IT Services, Manufacturing, Retail, Financial Services, Construction, Utilities and mining, Government & Public Sector, Individuals, and Others), by Region (North America, Europe, MEA, Asia Pacific, and South America), Historical Trends (2018-2021), Forecasts and Industry Outlook (2022-2030)

Published on 08/25/2022| Code: CMM460001| Category: Banking & Finance| Total Pages: 278

Global & Regional Accounting Firm Services Market- Description
Accounting firm services are adopted by various organizations to efficiently and accurately record, report, and assess their internal and external financial transactions. Accounting is predominantly considered as the backbone of any firm. It also enables companies to identify their profits and lows while evaluating their assets and liabilities. These services provide handy financial data to the associated firms which in turn keep them ready for any future investments or other business centric events.

Global & Regional Accounting Firm Services Market- Overview
The global & regional accounting firm services market was worth USD 587.94 billion in 2021 and is poised to amplify with a CAGR of 11.5% over 2022-2030, thereby amassing USD 1,738.70 billion by end of the assessment timeline.
The widespread industrialization, rapid economic growth, and rising R&D investments in the field are primarily augmenting the outlook of this business vertical.
Furthermore, variations in the standards of financial reports across the globe and surge in the number of SMEs are creating lucrative opportunities for the marketplace to prosper.
Also, the integration of advanced technologies such as AI, Machine Learning, and Big Data in the field is adding momentum to the progression of this industry sphere.
Additionally, growing disposable income of the masses and rising efforts of organizations to get concession on taxes are stimulating the overall dynamics of this market.
On the contrary, high costs pertaining to these services are hindering the remuneration scope of this business sphere.

Global & Regional Accounting Firm Services Market- Key trends
Widespread digitalization to bolster industry growth
Various firms are adopting innovative digital technologies to enhance their operational performance. Accounting services have also increased their emphasis onto using advanced technologies such as AI, Big Data, IoT, and Machine Learning to streamline their processes while decreasing their overall operational costs. Moreover, these advancements also help in reducing human error in terms of financial evaluation. This in turn is augmenting the outlook of this market vertical.
Dearth of skilled professionals to hinder market development
There is a grave shortage of professionals with adequate levels of skills in the field of accounting. This is powered by the dearth of proper training and educational institutions in certain countries, lack of motivations, or economic crisis. These factors in turn are slowing down the progression of this industry sphere.

Global & Regional Accounting Firm Services Market- Segmental assessment

By Type
• Tax Preparation Services
• Financial Auditing
• Financial Statement review
• Tax planning and consulting
• General accounting
• Bookkeeping Services
• Payroll Services
• Others

By Mode
• Online
• Offline

The online segment is reckoned to generate significant returns by 2030 due to widespread internet proliferation across the globe.

By Enterprise Size
• Large Enterprise
• Small & Medium Enterprise

By End Use Industry
• IT Services
• Manufacturing
• Retail
• Financial Services
• Construction
• Utilities and mining
• Government & Public Sector
• Individuals
• Others

The Financial Services segment is poised to amass notable gains over the stipulated timeframe owing to the rapid integration of advanced technologies in these firms to ease the overall accounting process.

Global & Regional Accounting Firm Services Market- Geographical landscape
The major regions constituting the geographical ambit of this marketplace are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture substantial returns over the forecast duration of 2022-2030. This is attributable to the growing number of firms, widespread economic growth, and technological advancements in the field.

Global & Regional Accounting Firm Services Market- Competitive intelligence
The prominent players constituting the geographical ambit of this business sphere are KPMG International, BDO Global, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, PricewaterhouseCoopers LLP, Automatic Data Processing, Inc., H&R Block, Paychex, PwC LLP, TY TEOH International, Moore, Marcum LLP, Flatworld Solutions, S3 Solutions, Especia Associates LLP, and Others.

Report scope
Global & Regional Accounting Firm Services Market : Historical Trends- 2018-2021
Global & Regional Accounting Firm Services Market : Forecast Years- 2022-2030
Global & Regional Accounting Firm Services Market : 2021- USD 587.94 billion
Global & Regional Accounting Firm Services Market : CAGR- 11.5%
Global & Regional Accounting Firm Services Market : USD 1,738.70 billion

Key segments reported-
• By Type (Tax Preparation Services, Financial Auditing, Financial Statement review, Tax planning and consulting, General accounting, Bookkeeping Services, Payroll Services, and Others)
• By Mode (Online and Offline)
• By Enterprise Size (Large Enterprise and Small & Medium Enterprise)
• By End Use Industry (IT Services, Manufacturing, Retail, Financial Services, Construction, Utilities and mining, Government & Public Sector, Individuals, and Others)

Major regions and countries covered-
• North America (U.S., Canada, and Mexico)
• Latin America (Brazil, Argentina, and Colombia)
• Europe (Germany, U.K., France, Italy, Spain, and Russia)
• Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
• Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)

Top players profiled- KPMG International, BDO Global, Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited, PricewaterhouseCoopers LLP, Automatic Data Processing, Inc., H&R Block, Paychex, PwC LLP, TY TEOH International, Moore, Marcum LLP, Flatworld Solutions, S3 Solutions, Especia Associates LLP, and Others.

1. Global Accounting Firm Services Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Accounting Firm Services Market Scope and Market Estimation
1.2.1.Global Accounting Firm Services Overall Market Size (US$ Mn), Market CAGR (%), Market forecast (2022-2031)
1.2.2.Global Accounting Firm Services Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2031
1.3. Market Segmentation
1.3.1.Type of Global Accounting Firm Services Market
1.3.2.Mode of Global Accounting Firm Services Market
1.3.3.Enterprise Size of Global Accounting Firm Services Market
1.3.4.End Use Industry of Global Accounting Firm Services Market
1.3.5.Region of Global Accounting Firm Services Market

2. Executive Summary

3. Market Factor Analysis
3.1. Global Accounting Firm Services Market Industry Trends under COVID-19 Outbreak
3.1.1.GlobalCOVID-19 Status Overview
3.1.2.Influence of COVID-19 Outbreak on Global Accounting Firm Services Market Industry Trends
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Limitations
3.2.3. Opportunities
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/Value chain Analysis.
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. Ansoff matrix
3.7. Russia Ukraine War Impact analysis
3.8. Market Investment Feasibility Analysis
3.9. Manufacturing Cost Structure Analysis
3.10. Global Accounting Firm Services Pricing Analysis
3.12. Opportunity Map Analysis
3.13. Mergers & Acquisitions, Expansions

4. Global Accounting Firm Services Market: Estimates & Historic Trend Analysis (2016-2021)

5. Global Accounting Firm Services Market Estimates & Forecast Trend Analysis, by Type
5.1. Accounting Firm Services Market Revenue (US$ Mn) Estimates and Forecasts, by Type, 2019 to 2031
5.1.1.Tax Preparation Services
5.1.2.Financial Auditing
5.1.3.Financial Statement review
5.1.4.Tax planning and consulting
5.1.5.General accounting
5.1.5.1. Bookkeeping Services
5.1.5.2. Payroll Services
5.1.6.Others

6. Global Accounting Firm Services Market Estimates & Forecast Trend Analysis, by Mode
6.1. Accounting Firm Services Market Revenue (US$ Mn) Estimates and Forecasts, by Mode, 2019 to 2031
6.1.1.Online
6.1.2.Offline

7. Global Accounting Firm Services Market Estimates & Forecast Trend Analysis, by Enterprise Size
7.1. Accounting Firm Services Market Revenue (US$ Mn) Estimates and Forecasts, by Enterprise Size, 2019 to 2031
7.1.1.Large Enterprise
7.1.2.Small & Medium Enterprise

8. Global Accounting Firm Services Market Estimates & Forecast Trend Analysis, by End Use Industry
8.1. Accounting Firm Services Market Revenue (US$ Mn) Estimates and Forecasts, by End Use Industry, 2019 to 2031
8.1.1.IT Services
8.1.2.Manufacturing
8.1.3.Retail
8.1.4.Financial Services
8.1.5.Construction
8.1.6.Utilities and mining
8.1.7.Government & Public Sector
8.1.8.Individuals
8.1.9.Others

9. Global Accounting Firm Services Market Estimates & Forecast Trend Analysis, by Region
9.1. Accounting Firm Services Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2031
9.1.1.North America
9.1.2.Europe
9.1.3.Asia Pacific
9.1.4.Middle East & Africa
9.1.5.South America

10. North America Accounting Firm Services Market: Estimates & Forecast Trend Analysis
10.1. North America Market Assessments & Key Findings
10.1.1. Market Introduction
10.1.2. Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
10.1.2.1. By Type
10.1.2.2. By Mode
10.1.2.3. By Enterprise Size
10.1.2.4. By End Use Industry
10.1.2.5. By Country
10.1.2.5.1. U.S.
10.1.2.5.2. Canada
10.1.2.5.3. Mexico

11. Europe Accounting Firm Services Market: Estimates & Forecast Trend Analysis
11.1. Europe Market Assessments & Key Findings
11.1.1. Market Introduction
11.1.2. Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
11.1.2.1. By Type
11.1.2.2. By Mode
11.1.2.3. By Enterprise Size
11.1.2.4. By End Use Industry
11.1.2.5. By Country
11.1.2.5.1. U.K.
11.1.2.5.2. Germany
11.1.2.5.3. France
11.1.2.5.4. Italy
11.1.2.5.5. Spain
11.1.2.5.6. Russia
11.1.2.5.7. Rest of Europe

12. Asia Pacific Accounting Firm Services Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Market Assessments & Key Findings
12.1.1. Market Introduction
12.1.2. Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
12.1.2.1. By Type
12.1.2.2. By Mode
12.1.2.3. By Enterprise Size
12.1.2.4. By End Use Industry
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific

13. Middle East & Africa Accounting Firm Services Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Market Assessments & Key Findings
13.1.1. Market Introduction
13.1.2. Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
13.1.2.1. By Type
13.1.2.2. By Mode
13.1.2.3. By Enterprise Size
13.1.2.4. By End Use Industry
13.1.2.5. By Country
13.1.2.5.1. U.A.E.
13.1.2.5.2. Saudi Arabia
13.1.2.5.3. Egypt
13.1.2.5.4. South Africa
13.1.2.5.5. Rest of Middle East & Africa

14. South America Accounting Firm Services Market: Estimates & Forecast Trend Analysis
14.1. South America Market Assessments & Key Findings
14.1.1. Market Introduction
14.1.2. Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
14.1.2.1. By Type
14.1.2.2. By Mode
14.1.2.3. By Enterprise Size
14.1.2.4. By End Use Industry
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of South America

15. Competition Landscape
15.1. Global Accounting Firm Services Market Share (%) Analysis
15.2. Market Competition Matrix, by Leading Players

16. Company Profiles
16.1. KPMG International
16.1.1. Company Overview
16.1.2. Financial Performance
16.1.3. Product Portfolio
16.1.4. Strategic initiatives

* Similar details would be provided for all the players mentioned below

16.2. BDO Global
16.3. Deloitte Touche Tohmatsu Limited
16.4. Ernst & Young Global Limited
16.5. PricewaterhouseCoopers LLP
16.6. Automatic Data Processing, Inc.
16.7. H&R Block
16.8. Paychex
16.9. PwC LLP
16.10.TY TEOH International
16.11.Moore
16.12.Marcum LLP
16.13.Flatworld Solutions
16.14.S3 Solutions
16.15.Especia Associates LLP.
16.16.Others

17. Research Methodology