The Business Research Company published its Accounting Services Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Accounting Services market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Accounting Services market’s segments-
1) By Type: Payroll Services, Tax Preparation Services, Bookkeeping, Financial Auditing and Other Accounting Services
2) By End Use Industry: IT Services, Manufacturing, Financial Services, Construction, Others.
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https://www.thebusinessresearchcompany.com/report/accounting-services-global-market-report-2020-30-covid-19-impact-and-recovery
Accounting Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global accounting services market is expected to grow from $574.5 billion in 2019 to $576 billion in 2020 at a compound annual growth rate (CAGR) of 0.3%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $687.7 billion in 2023.
Some accountants are outsourcing typical basic accounting tasks such as payroll accounting, accounts payable and accounts receivable to allow their employees to focus on higher value activities such as becoming vertical experts in their customer’s markets and analyzing their clients business data. This extra attention and analysis helps in transforming the role of a traditional accountant into a business advisor and takes customer service to the next level by developing strong counsel-focused relationships.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Accounting Services Market Characteristics
4. Accounting Services Market Product Analysis
5. Accounting Services Market Supply Chain
……
19. Accounting Services Market Competitive Landscape
20. Key Mergers And Acquisitions In The Accounting Services Market
21. Market Background: Professional Services Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Accounting Services Market, 2019, By Region, Value ($ Billion)
……..
Table 127: Global Accounting Services Market In 2023- Growth Countries
Table 128: Global Accounting Services Market In 2023- Growth Segments
Table 129: Global Accounting Services Market In 2023- Growth Strategies
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