Artificial Intelligence in Accounting Market

1. Artificial Intelligence in Accounting Market Global Industry Analysis & Forecast US$ Million, 2019 – 2027 www.dhirtekbusinessresearch.com sales@dhirtekbusinessresearch.com +91 7580990088

2. Global Artificial Intelligence in Accounting Market Scope of the Report  Global Artificial Intelligence in Accounting Market , By Application Accounting Market   Market , By Component Automated Bookkeeping Middle East & Africa Artificial   Solution & Platform/API Invoice Classification and Approvals Intelligence in Accounting Market    Services Fraud and Risk Management Latin America Artificial Intelligence in   Professional Services Reporting Accounting Market    Managed Services Others (Expense and Auditing Company  Global Artificial Intelligence in Accounting  Management, and Tax and Revenue Amazon Web Services, Inc.  Market , By Deployment Model Filing) AppZen, Inc.    On- Premises Global Artificial Intelligence in Accounting Botkeeper   Cloud Based Market , By Region Ernst & Young LLP    Global Artificial Intelligence in Accounting North America Artificial Intelligence in Google LLC  Market , By Enterprise Size Accounting Market Hyper Anna    Large Enterprises Europe Artificial Intelligence in IBM Corporation   Small & Medium Enterprises Accounting Market Intuit Inc.  Global Artificial Intelligence in Accounting  Asia Pacific Artificial Intelligence in 2 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

3. Global Artificial Intelligence in Accounting Market Regions Covered Europe Germany U.K. France Italy Spain Russia Rest of Europe North America U.S. Canada Asia Pacific China Japan India S. Korea Indonesia Australia & New Zealand ASEAN Countries Rest of Asia Pacific Middle East & Africa GCC South Africa Rest of Middle East & Africa Latin America Brazil Mexico Argentina Rest of Latin America 3 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

4. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction The global artificial intelligence in accounting market generated revenue of US$ 697.9 million in 2020 and is expected to reach US$ 4,611.4 million by 2025 with a CAGR of 45.9% in the forecast period. The artificial intelligence in accounting market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global artificial intelligence in accounting market. In qualitative terms, the artificial intelligence in accounting market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of artificial intelligence in accounting in various segments such as by component, deployment model, enterprise size & application at global, regional, and country- level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors. Segment Analysis Solution segment accounts the dominating position in the market. Based on components, the artificial intelligence in accounting market is segmented into solutions and services. The solution segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The service segment is further segmented into professional and managed services. The professional service segment accounts the dominant position in the market in 2020 4 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

5. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction whereas the managed service segment is expected to grow with the highest CAGR in the forecast period. Cloud based deployment model is expected to grow with the highest CAGR in the forecast period. Based on deployment model, the artificial intelligence in accounting market is segmented into on-premises and cloud based. The cloud based deployment model is expected to grow with the highest CAGR during the forecast period. In addition, on-premises hold a dominant market position in 2020 and are expected to remain dominant over the forecast period. Large Enterprises segment accounts the dominating position in the market. Based on enterprise size, the artificial intelligence in accounting market is segmented into small & medium enterprises and large enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. North America accounts the dominating position in the market. Based on the region, the artificial intelligence in accounting market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to contribute the larger market share in 2020. The United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries in the world. Artificial Intelligence in Accounting Market Players: Some of the major players of artificial intelligence in accounting market are Amazon Web Services, Inc., AppZen, 5 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

6. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction Inc., Botkeeper, Ernst & Young LLP, Google LLC, Hyper Anna, IBM Corporation, Intuit Inc., Kore.ai, Inc., and Microsoft Corporation. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances and mergers and acquisitions to create disruptive technologies and consumer networks. Key questions the report answers Which factors will contribute to a change in the demand for artificial intelligence in accounting during the evaluation phase? What are the major driving factors that accelerate the growth of the market? What are the restraints which hinders the growth of the market? What segment offers the most development opportunities? Which region provides the key growth opportunity to the market? Who are the major industry players? What are the key strategies adopted by the market players? 6 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

7. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction Global Artificial Intelligence in Accounting Market Size, US$ Million (2020 – 2027) Global Artificial Intelligence in Accounting Market Opportunity Analysis Size, US$ Million (2020 – 2027) XX%XX% XX% XX% XX XX% XX XX XX% XX% XX XX XX XX XX XX XX XX XX XX XX XX XX XX XX 2019 2020 2021 2022 2023 2024 2025 2026 2027 XX% Total Opportunity 2019 2020 2021 2022 2023 2024 2025 2026 2027 Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 7 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

8. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction Global Artificial Intelligence in Accounting Market Share Analysis, by Component, (2020 & 2027) Global Artificial Intelligence in Accounting Market Share Analysis, by Deployment Model, (2020 & 2027) 2027 2027 XX% XX% XX% XX% 2020 2020 XX% XX% XX% XX% XX% XX% XX% XX% Solution & Platform/API Services Cloud Based On-Premises Professional Services Managed Services Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 8 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

9. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market Introduction Global Artificial Intelligence in Accounting Market Share Analysis, by Enterprise Size, (2020 & 2027) Global Artificial Intelligence in Accounting Market Share Analysis, by Application, (2020 & 2027) XX% 2027 2027 XX% XX% XX% 2020 2020 XX% XX% XX% XX% XX% XX% XX% XX% XX% XX% Automated Bookkeeping Invoice Classification and Approvals Large Enterprises Small & Medium Enterprises Fraud and Risk Management Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 9 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

10. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Component Global Artificial Intelligence in Accounting Market Analysis and Forecast, by Component, US$ Million (2020 – 2027) CAGR % (2020 – 2027) Component 2019 2020 2021 2022 2023 2024 2025 2026 2027 Solution XX XX XX XX XX XX XX XX XX XX Services Managed Services Professional Services XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX XX XX XX Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 10 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

11. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Deployment Model Global Artificial Intelligence in Accounting Market Analysis and Forecast, by Deployment Model, US$ Million (2020 – 2027) CAGR % (2020 – 2027) Deployment Model 2019 2020 2021 2022 2023 2024 2025 2026 2027 Cloud Based XX XX XX XX XX XX XX XX XX XX On-Premises XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX XX XX XX Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 11 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

12. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Enterprise Size Global Artificial Intelligence in Accounting Market Analysis and Forecast, by Enterprise Size, US$ Million (2020 – 2027) CAGR % (2020 – 2027) Enterprise Size 2019 2020 2021 2022 2023 2024 2025 2026 2027 Large Enterprises XX XX XX XX XX XX XX XX XX XX Small & Medium Enterprises XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX XX XX XX Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 12 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

13. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Application Global Artificial Intelligence in Accounting Market Analysis and Forecast, by Application, US$ Million (2020 – 2027) CAGR % (2020 – 2027) Application 2019 2020 2021 2022 2023 2024 2025 2026 2027 Automated Bookkeeping XX XX XX XX XX XX XX XX XX XX Invoice Classification and Approvals XX XX XX XX XX XX XX XX XX XX Fraud and Risk Management XX XX XX XX XX XX XX XX XX XX Reporting XX XX XX XX XX XX XX XX XX XX Others (Expense and Auditing Management, and Tax and Revenue Filing) XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX XX XX XX Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 13 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

14. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Region 2027 XX% XX% XX% North America XX% XX% Europe XX% XX% Asia Pacific XX% 2020 Middle East & Africa XX% Latin Maerica XX% US$ Million XX XX XX XX XX XX XX XX XX XX North America Europe Asia Pacific 2020 Middle East & Africa Latin America 2027 Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 14 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

15. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , by Region Global Artificial Intelligence in Accounting Market Analysis and Forecast, by Region, US$ Million (2020 – 2027) CAGR % (2020 – 2027) Region 2019 2020 2021 2022 2023 2024 2025 2026 2027 North America XX XX XX XX XX XX XX XX XX XX Europe XX XX XX XX XX XX XX XX XX XX Asia Pacific XX XX XX XX XX XX XX XX XX XX Middle East & Africa XX XX XX XX XX XX XX XX XX XX Latin America XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX XX XX XX Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis 15 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

16. Global Artificial Intelligence in Accounting Market Global Artificial Intelligence in Accounting Market , Company Share Analysis, 2020 (%) Amazon Web Services, Inc. AppZen, Inc. XX% XX% Botkeeper Ernst & Young LLP XX% XX% XX% Google LLC Hyper Anna XX% XX% IBM Corporation Intuit Inc. XX% Kore.ai, Inc. Microsoft Corporation XX% XX% Others 16 © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com

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