India Accounting Services Market Analysis & Forecast with 2026


Posted July 8, 2020 by SophiaJns

The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
 
Market Reports on India Provides the Trending Market Research Report “India Accounting Services Market By Type of Services (Tax Preparation Services, Bookkeeping Services, Payroll Services, Others), By Company, By Region, Forecast & Opportunities, FY 2026”under Business Services Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

India Accounting Services Market is expected to grow at an impressive rate during the forecast period. The India accounting services market is driven by the government initiatives creating employment opportunities in the country. This has drastically increased the working population in the country. Additionally, the introduction of GST is further expected to create lucrative opportunities for the market growth. The arrival of GST has made businesses remodel their supply chains in order to take complete advantage of the new tax structure. Furthermore, the government of India is likely to allow multinational firms to register as auditors thereby fueling the market growth. Besides, the Digital India and Make in India initiatives are further expected to positively influence the market growth over the next few years.

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The India accounting services market is segmented based on type of services, company, and region. Based on type of services, the market can be categorized into tax preparation services, bookkeeping services, payroll services and others. The tax preparation services segment is expected to dominate the market on account of the growing number of new businesses and startups in the country. Additionally, growing equity market is further expected to drive the segmental growth during the forecast period. While, the payroll services segment is expected to witness significant growth during the forecast period owing to the growing demand for such solutions across various enterprises in order to ensure effective management.

The major players operating in the accounting services market are PricewaterhouseCoopers Private Limited (PWC), Deloitte Tax Services India Private Limited, KPMG India Pvt Ltd, Ernst & Young Pvt Ltd, Automatic Data Processing (ADP) India and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:
Historical Years: FY2016-FY2017
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026

Objective of the Study:

To analyze and estimate the market size of India accounting services market from FY2016 to FY2019.
To estimate and forecast the market size of India accounting services market from FY2020 to FY2026 and growth rate until FY2026.
To classify and forecast India accounting services market based on type of services, company, and regional distribution.
To identify dominant region or segment in the India accounting services market.
To identify drivers and challenges for India accounting services market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India accounting services market.
To identify and analyze the profile of leading players operating in India accounting services market.
To identify key sustainable strategies adopted by market players in India accounting services market.
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of service providers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the service providers which could not be identified due to the limitations of secondary research. Our Research analyzed the service providers, distribution channels and presence of all major players across the globe.

Our Research calculated the market size of India accounting services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.

Key Target Audience:

Accounting services provider companies
Market research and consulting firms
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to accounting services
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, India accounting services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Accounting Services Market, By Type of Services:
Tax Preparation Services
Bookkeeping Services
Payroll Services
Others
India Accounting Services Market, By Region:
North
South
East
West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India accounting services market.
Available Customizations:
With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).

Browse our full report with Table of Content : http://www.marketreportsonindia.com/marketreports/india-accounting-services-market-by-type-of-services-tax-preparation-services-bookkeeping-services-payroll-services-/2089008

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Issued By SophiaJones
Phone +91 22 27810772 / 27810773
Country India
Categories Business
Tags india accounting services market , india accounting services market analysis , india accounting services market share
Last Updated July 8, 2020