The Information & Communication Technology (ICT) goods exports recorded a growth of 11.51% in 2017 as against 11.20% in 2016. The global Accounting and Finance Software market is estimated to attain noticeable growth over the next 6-7 years, owing to digital transformation taking place across several services such as R&D & Testing, Information Technology (IT), Telecom and Internet. The total number of cellular IoT connections are anticipated to reach 3.4 billion by 2023. The introduction of 5G accompanied by other technologies such as digital reality comprising of Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR) or the fast growing Internet of Things (IoT) are setting new trends for the continuously evolving IT & Telecom industry. The increasing number of innovations and advancements in technology globally has provided various business opportunities and is predicted to drive the growth of the market over the forecast period (2021-2028). Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated in the report. Key Companies Covered in the Accounting and Finance Software Market Research Report are Oracle Corporation, Microsoft Corporation, SAP SE, Xero Ltd, Intuit Inc., and other key market players.ĬRIFAX added a report on 'Global Accounting and Finance Software Market, 2021-2030' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game.
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