Budgeting Software Market Forecast, Growth Demand, Size, Scope 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Budgeting Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Budgeting Software Global Market Report 2024, The budgeting software market size has grown strongly in recent years. It will grow from $1.45 billion in 2023 to $1.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%.  The  growth in the historic period can be attributed to increasing adoption of cloud computing, rising complexity in financial management, regulatory compliance requirements, globalization of businesses, awareness and education. The budgeting software market size is expected to see strong growth in the next few years. It will grow to $2.02 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.

The increasing adoption of automation in financial processes is expected to drive the growth of the budgeting software market in the future. Financial processes encompass systematic procedures and activities within organizations for managing and controlling financial resources, including budgeting, accounting, reporting, and analysis, aimed at ensuring financial stability and transparency. Budgeting software plays a crucial role in streamlining these processes by automating budget creation, expense tracking, and forecasting, thereby enhancing accuracy and efficiency while providing valuable financial insights for informed decision-making. For instance, according to the Finance Leaders Survey 2023 conducted by Prophix, a Canada-based financial management platform provider, over 60% of finance leaders plan to automate half of their duties by the end of 2023. Additionally, 27% of finance leaders are already automating half of their practices by the end of this year. Therefore, the increasing adoption of automation in financial processes will propel the growth of the budgeting software market.

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The budgeting software market covered in this report is segmented –
1) By Type: Web Based Software, Mobile Based Software
2) By Deployment: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, Medium Enterprises, Small Enterprises

Top Major Players          

NetSuite Inc.,

SAP SE,

Workday Inc.,

Wolters Kluwer N.V.,

Blackbaud Inc.

 

The budgeting software market report table of contents includes:
             1. Executive Summary

2. Budgeting Software Market Characteristics
3. Budgeting Software Market Trends And Strategies
4. Budgeting Software Market – Macro Economic Scenario
5. Global Budgeting Software Market Size and Growth
6. Budgeting Software Market Segmentation
7. Budgeting Software Market Regional And Country Analysis

…………..

34. Key Mergers And Acquisitions In The Budgeting Software Market
35. Budgeting Software Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Budgeting Software Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Budgeting Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Budgeting Software Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

……………….

Table 74: NetSuite Inc. Financial Performance

Table 75: SAP SE Financial Performance

Table 76: Workday Inc. Financial Performance

Table 77: Wolters Kluwer N.V. Financial Performance

Table 78: Blackbaud Inc. Financial Performance

 

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