Global Artificial Intelligence For Accounting Market Size By Components, By Application, By Deployment Mode, By Geographic Scope And Forecast

Apr 2021| VMR4439A| Verified Market Research

Report Highlights

Artificial Intelligence for Accounting Market Size And Forecast

Artificial Intelligence for Accounting Market was valued at USD 646 Million in 2019 and is projected to reach USD 14,072.9 Million by 2027, growing at a CAGR of 47% from 2020 to 2027.

Global Artificial Intelligence for Accounting Market Outlook

The growing need for automated processes in accounting and a surge in demand for data-based advisory and decision making are the major factors driving the growth of global artificial intelligence for the accounting market. In addition to this, a rise in demand for fraud and risk applications and Intelligent accounting processes to provide real-time analysis has also boosted the growth of this market. However, concerns for a high volume of critical data, resistance to change, a dearth of skillsets, and untapped potential of AI in accounting are some of the factors which are responsible for restraining the growth of this market.

Global Artificial Intelligence for Accounting Market Competitive Landscape

The Global Artificial Intelligence for Accounting Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Microsoft, AWS, Xero, Intuit, Sage, OSP, UiPath, Kore.AI, Appzen and Yaypay

Global Artificial Intelligence for Accounting Market Segment Analysis

Artificial Intelligence for Accounting Market is segmented into Components, Application, Deployment Mode And Geography.

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