India Accounting Software Market Size, Share & Forecast 2021

Summary

Report Description

Accounting software is a type of computer software that enables bookkeepers and accountants to manage accounts and perform accounting operations of an organization in an effective and efficient manner. Over the past few years, adoption of accounting software has been growing at a robust pace in India due to rising awareness about the benefits of using accounting software and surging demand for real time security. In particular, large sized enterprises are the major end users of accounting software in the country. Nevertheless, increasing IT spending coupled with rising government support are expected to boost adoption of accounting software in small and medium sized enterprises as well across the country through 2021.

According to “India Accounting Software Market By Type, By End-User, Competition Forecast & Opportunities, 2011 – 2021”, the country’s accounting software market is projected to grow at a CAGR more than 14% during 2016 - 2021. Growth in the market is anticipated on account of rising integration of accounting software with various online applications such as e-commerce, e-banking, etc., coupled with expanding cloud computing market, increasing demand for analytics and growing need of comprehensive functionality in accounting software. In 2015, enterprise resource planning accounting software is the most used accounting software in the country. India accounting software market is quite fragmented market and has several leading players across the value chain. “India Accounting Software Market By Type, By End-User, Competition Forecast & Opportunities, 2011 – 2021” discusses the following aspects of the accounting software market in India:

India Accounting Software Market Size, Share & Forecast
Segmental Analysis - By Type (Enterprise Resource Planning Accounting Software, Commercial Accounting Software and Others), By End-user (Large Enterprises, Medium Enterprises &, Small Enterprises)
Policy and Regulatory Landscape
Changing Market Trends & Emerging Opportunities
Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

To gain an in-depth understanding of India accounting software market
To identify the on-going trends and anticipated growth over the next five years
To help industry consultants, accounting software providers and other stakeholders align their market-centric strategies
To obtain research-based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with accounting software providers in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Accounting Software Market Outlook

5. India Accounting Software Market Landscape

6. India Accounting Software Market Outlook

6.1. Market Size & Forecast

6.1.1.By Value

6.2. Market Share & Forecast

6.2.1.By Deployment Mode (On Premise, Cloud)

6.2.2.By Type (Enterprise Resource Planning Accounting Software, Commercial Accounting Software & Others)

6.2.3.By End User (Large Enterprise, Medium Enterprise & Small Enterprise)

6.2.4.By Region

6.2.5.By Company

7. India Enterprise Resource Planning Accounting Software Market Outlook

7.1. Market Size & Forecast

7.1.1.By Value

7.2. Market Share & Forecast

7.2.1.By End User

8. India Commercial Accounting Software Market Outlook

8.1. Market Size & Forecast

8.1.1.By Value

8.2. Market Share & Forecast

8.2.1.By End User

9. India Accounting Software Pricing Analysis

10. India Accounting Software Market Attractiveness Index

11. Market Dynamics

11.1. Impact Analysis

11.2. Drivers

11.3. Challenges

12. Market Trends & Developments

12.1. Rising Integration of Online Applications with Accounting Software

12.2. Increasing Demand for Analytics

12.3. Comprehensive Functionality in Accounting Software

12.4. Rising Cloud Computing Market

12.5. Increasing Partnership of Small-Medium Enterprises with E-commerce

13. Policy & Regulatory Landscape

14. India Economic Outlook

15. Competitive Landscape

15.1. Competitive Benchmarking

15.2. Tally Solutions Pvt. Ltd.

15.3. Busy Infotech Pvt. Ltd.

15.4. Marg Compusoft Pvt. Ltd.

15.5. Intuit Technology Services Pvt. Ltd.

15.6. Relyon Softech Limited

15.7. MProfit Software Pvt. Ltd.

15.8. Reach Accountant

15.9. SAP India Pvt. Ltd.

15.10. Oracle India Pvt. Ltd.

15.11. ProfitBooks Solutions Pvt. Ltd.

16. Strategic Recommendations

Figures and Tables

List of Figures

Figure 1: India Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Figure 2: India Software Industry Size, By Value, 2011 – 2021F (USD Billion)

Figure 3: India IT Spending, 2011 – 2015 (USD Billion)

Figure 4: India Accounting Software Market Share, By Deployment Mode, By Value, 2011–2021F

Figure 5: India Accounting Software Market Share, By Type, By Value, 2011–2021F

Figure 6: India Accounting Software Market Share, By End User, By Value, 2011–2021F

Figure 7: India Technology Start-ups, By Number, 2014-2020F

Figure 8: India Accounting Software Market Size, By Region, By Value, 2011-2015 (USD Million)

Figure 9: India Accounting Software Market Size, By Region, By Value, 2016E-2021F (USD Million)

Figure 10: South Region’s Share in India Accounting Software Market, By Value, 2015 & 2021F

Figure 11: West Region’s Share in India Accounting Software Market, By Value, 2015 & 2021F

Figure 12: North Region’s Share in India Accounting Software Market, By Value, 2015 & 2021F

Figure 13: East Region's Share in India Accounting Software Market, By Value, 2015 & 2021F

Figure 14: India Accounting Software Market Share, By Company, By Value, 2015 & 2021F

Figure 15: India Enterprise Resource Planning Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Figure 16: India Enterprise Resource Planning Accounting Software Market Share, By End User, By Value, 2011–2021F

Figure 17: India Commercial Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Figure 18: India Commercial Accounting Software Market Share, By End User, By Value, 2011–2021F

Figure 19: India Accounting Software Market Attractiveness Index, By Deployment Mode, By Value, 2016E-2021F

Figure 20: India Accounting Software Market Attractiveness Index, By Type, By Value, 2016E-2021F

Figure 21: India Accounting Software Market Attractiveness Index, By End User, By Value, 2016E-2021F

Figure 22: India Accounting Software Market Attractiveness Index, By Region, By Value, 2016E-2021F

Figure 23: India Internet Users, 2014–2019F (Million)

Figure 24: India Mobile Wallet Market Size, By Number of Transactions, 2014–2021F (Million)

Figure 25: India Prepaid Payment Instruments (PPIs) Share, By Type, By Volume, FY2016

Figure 26: India Cloud Computing Market Size, By Value, 2011–2020F (USD Billion)

Figure 27: India E-commerce Market Size, By Value, 2011–2020F (USD Billion)

List of Tables

Table 1: India Accounting Software Market Size, By Deployment Mode, By Value, 2011–2015 (USD Million)

Table 2: India Accounting Software Market Size, By Deployment Mode, By Value, 2016E–2021F

(USD Million)

Table 3: India Accounting Software Market Size, By Type, By Value, 2011–2015 (USD Million)

Table 4: India Accounting Software Market Size, By Type, By Value, 2016E–2021F (USD Million)

Table 5: Total Number of Working Enterprises in India, 2015-2016E

Table 6: India Accounting Software Market Size, By End User, By Value, 2011–2015 (USD Million)

Table 7: India Accounting Software Market Size, By End User, By Value, 2016E–2021F (USD Million)

Table 8: South Region Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Table 9: West Region Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Table 10: North Region Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Table 11: East Region Accounting Software Market Size, By Value, 2011-2021F (USD Million)

Table 12: India Enterprise Resource Planning Accounting Software Market Size, By End User, By Value, 2011–2015 (USD Million)

Table 13: India Enterprise Resource Planning Accounting Software Market Size, By End User, By Value, 2016E–2021F (USD Million)

Table 14: India Commercial Accounting Software Market Size, By End User, By Value, 2011–2015 (USD Million)

Table 15: India Commercial Accounting Software Market Size, By End User, By Value, 2016E–2021F (USD Million)

Table 16: India Accounting Software Pricing Analysis, By Company, 2016

Table 17: Penalties and Adjudication, Information Technology Act, 2000

Table 18: Offences, Information Technology Act, 2000

Frequently asked questions

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Sakshi Bajaal

Business Consultant

Talk To Analyst

Press Release

India Accounting Software Market to Grow at 14% during till 2021

Jul, 2016

Rising demand for real time analysis, increasing online adoption and growing awareness about benefits of accounting software to drive accounting software market in India

India Accounting Software Market By Type (Enterprise Resource Planning Accounting Software, Commercial Accounting Software and Others), By End-user (Large, Medium and Small Enterprises), Competition Forecast & Opportunities, 2011 – 2021

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