Small Business Accounting Software Market : World Segments, High Key Players, Size And Up To Date Trends By Forecast To 2025
                     Adroit Market Research
Global Small Business Accounting Software 
Market Size
by Type (Cloud-Based and On-Premises), by 
Application (BFSI, Manufacturing, Retail & Wholesale, 
Food & Beverages, Construction and Others), by 
Region and Forecast 2018 to 2023
Single Use License: US$ 4400 Request Sample
+1 (214) 884-6068               [email protected] www.adroitmarketresearch.com
Adroit Market Research
Increasing Demand For Advanced Automated Finance Process Is 
Driving Global Small Business Accounting Software Market Growth
• The global small business accounting software market size is expected to reach 13769.6 
million by the end of 2023. To boost the nation’s growth, the government’s across the globe have 
taken initiatives to set up funding and investment for startups. This has increased the number of 
small companies during the past few years. Additionally, the graph of employment opportunities 
has relatively declined during the previous decades. This may be the driving force for people to 
start their venture which resulted in a higher number of small and micro firms and subsequently 
become the impetus for higher adoption of small business accounting software.
• Moreover, these small firms are adopting small business accounting software to add functionality 
and replace legacy systems. To appropriately handle the operations of the accounts of a company, 
manpower needs to be highly skilled which demands a high pay scale. To minimize capital spend 
and calculations to be more precise and accurate, companies prefer small business accounting 
software over manpower.
• Furthermore, another trend getting traction is the use of smartphones which surged demand for 
business accounting mobile applications. These applications manage day-to-day accounting 
process like planning budgets, logging expense, tracking receipts, accepting payments and 
sending invoices.
• However, cloud-based systems are easily accessible from anywhere anytime that makes it more 
prone to security attacks. Hackers can hack the systems and steal important credentials which is a 
great threat for software suppliers and companies. This is one of the key challenges to market 
+1 (214)g 8r8o4w-60th68.               [email protected] www.adroitmarketresearch.com
Browse the complete report on @ 
https://www.adroitmarketresearch.com/industry-reports/small-business-accounting-software-m
arket
 
Adroit Market Research
Increasing Demand For Advanced Automated Finance Process Is Driving Global 
Small Business Accounting Software Market Growth
• Based on type, small business accounting software market is bifurcated into the Cloud-based and 
On-Premises segment. The demand for cloud-based small business accounting software is expected 
to increase at a very faster pace in the coming years due to the increasing adoption of cloud 
technologies and growing technological adoptions throughout the globe.
• The small business accounting software market by application has been segmented into six 
different application industries which include BFSI, Manufacturing, Retail & Whole Sale, Food & 
Beverages, Construction, and Others. The application of small business accounting software is 
highest in the retail & wholesale industry followed by construction and manufacturing. The number 
of small scales retail businesses is growing across the globe followed by construction and 
manufacturing. The demand for small business accounting software’s in small and micro-retail & 
wholesales business is expected to increase in coming years due to the increasing number of small 
retail & wholesales businesses growth across the globe.
• The small business accounting software market is dominated by the Asia Pacific region in 2018 and 
had a value of USD 5432.9 million which is anticipated to grow during the forthcoming years as 
well. The presence of emerging and growing markets such as India, China, and Southeast Asian 
countries is one of the most prevalent reasons. China and India had the highest number of small 
businesses across the globe.
• The market is highly competitive and dominated by companies such as Zoho Corporation Pvt. Ltd., 
Fresh Books, Kashoo, Intuit, Xero, Sage Group PLC, Wave Financial Inc., ScaleFactor, MYOB, 
FreeAgent, ZipBooks, and Reckon One. To remain on the competitive edge of the market, 
+1 (214c)o 8m84p-6a06n8i e   s      a   c   qsauleirs@e,a dmroeitrmgaerk eatrnesde aprcahr.ctonmer with other cwowmwp.aadnroiietmsa. rkFeotrre sienasrctha.cnocme, Xero which is a  global 
small business platform declared partnership with GreatSoft in Australia. GreatSoft which is a 
scalable cloud-based practice management solution for big accounting firms. This tie-up will help 
prominent firms to adopt Xero’s cloud accounting tools manage thousands of jobs, clients and staff 
in GreatSoft. 
Adroit Market Research
Segment Overview of Global Small Business Accounting 
Software Market
Type Overview, 2015-2025 (USD Million)
• Cloud-Based
• On-Premises
Application Overview, 2015-2025 (USD Million)
• BFSI
• Manufacturing
• Retail & Wholesale
• Food & Beverages
• Construction
• Others
+1 (214) 884-6068               [email protected] www.adroitmarketresearch.com
Adroit Market Research
Segment Overview of Global Small Business Accounting Software Market
Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• CSA
• Brazil
• Argentina
• RCSA
• Total
Purchase a single user copy of the global Small Business Accounting Software Market report@ 
https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/1166  
+1 (214) 884-6068               [email protected] www.adroitmarketresearch.com
Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our 
target audience is a wide range of corporations, manufacturing companies, product/technology 
development institutions and industry associations that require understanding of a market’s 
size, key trends, participants and future outlook of an industry. We intend to become our 
clients’ knowledge partner and provide them with valuable market insights to help create 
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At 
our core, we are curious people who love to identify and understand industry patterns, create 
an insightful study around our findings and churn out money-making roadmaps. Our analysts 
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, 
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and 
machinery & equipment sectors across the world to identify new opportunities, potential 
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for 
Contact Us companies, and many more.
US Headquarters Phone: +1 (214) 884-6068
Email: [email protected]
3131 McKinney Ave Ste 600 Dallas, 
TX 75204 ,U.S.A 
+1 (214) 884-6068               [email protected] www.adroitmarketresearch.com