PUBLISHER: KBV Research | PRODUCT CODE: 1803985
PUBLISHER: KBV Research | PRODUCT CODE: 1803985
North America AI In Accounting Market Size, Share & Industry Analysis Report By Component, By Technology, By Application, By Country and Growth Forecast, 2025 - 2032
The North America AI In Accounting Market would witness market growth of 37.7% CAGR during the forecast period (2025-2032).
The US market dominated the North America AI In Accounting Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $17,597.2 million by 2032. The Canada market is experiencing a CAGR of 41% during (2025 - 2032). Additionally, The Mexico market exhibiting a CAGR of 39.7% during (2025 - 2032).
The US and Canada led the North America AI In Accounting Market by Country with a market share of 79.2% and 10% in 2024.The US market is expected to witness a CAGR of 36.8% during throughout the forecast period.
Machine learning, natural language processing, and Cloud computing have transformed the North American AI in the accounting sector from elementary automation to smart, real-time financial systems. U.S. and Canadian organizations, such as the IRS and CPA Canada, have adopted AI for fraud detection, auditing, and compliance, while vendors such as Intuit, Oracle, and Microsoft integrate generative AI into platforms for cash flow projections and automated reconciliations-entities such as the AICPA are training accountants how to use AI for document management and predictive analytics. Robust digital infrastructure and vendor ecosystems are making it feasible for accountants to do more than just keep records. They are now doing things like transactional automation, predictive forecasting, generative AI in advisory services, and ESG compliance.
Key companies are utilizing a mix of techniques, such as developing their own AI platforms, making big investments, acquiring other companies, and entering strategic tech collaborations. The Big Four companies-EY, Deloitte, KPMG, and PwC-utilize AI to enhance their auditing, tax, and compliance services. Mid-market organizations and software suppliers compete for small and medium-sized companies by providing scalable ERP and accounting solutions, including AI. Private equity-backed roll-ups such as Crete Professionals Alliance use generative AI to make operations more consistent and save costs in the companies they buy. The market competition is also fueled by the growing focus on ESG reporting, AI auditing, and compliance solutions, especially from startups. Bigger companies often acquire such companies. In prevailing business scenarios, success rate depends on combining advanced technology with trust in regulations and knowledge of the field.
Component Outlook
Based on Component, the market is segmented into Solution, and Services. With a compound annual growth rate (CAGR) of 39.3% over the projection period, the Solution Market, dominate the Mexico AI In Accounting Market by Component in 2024 and would be a prominent market until 2032. From 2025 to 2032 The Services market is expected to witness a CAGR of 40.5% during (2025 - 2032).
Technology Outlook
Based on Technology, the market is segmented into Machine Learning & Deep Learning, Robotic Process Automation (RPA), and Natural Language Processing. The Machine Learning & Deep Learning market segment dominated the Canada AI In Accounting Market by Technology is expected to grow at a CAGR of 40.3 % during the forecast period thereby continuing its dominance until 2032. Also, The Natural Language Processing market is anticipated to grow as a CAGR of 41.8 % during the forecast period during (2025 - 2032).
Application Outlook
Based on Application, the market is segmented into Automated Bookkeeping, Invoice and Billing Processing, Payroll Processing, Fraud Detection and Risk Management, Financial Forecasting & Auditing, and Tax Compliance. Among various US AI In Accounting Market by Application; The Payroll Processing market achieved a market size of USD $3438.5 Million in 2024 and is expected to grow at a CAGR of 37.2 % during the forecast period. The Tax Compliance market is predicted to experience a CAGR of 38.5% throughout the forecast period from (2025 - 2032).
Country Outlook
The US is the world leader in AI in accounting because of its advanced digital infrastructure, complicated rules, and quick adoption of new technologies. AI has come a long way since it could just automate simple operations like payroll and processing invoices. Now it can do things like predictive analytics, intelligent document identification, and generative AI for audits and financial commentary. Regulatory requirements from groups like the IRS and SEC have led to the use of AI in financial platforms by big companies like Intuit, Oracle NetSuite, and Microsoft. A lack of AI literacy abilities slows down deployment, although continuing education efforts are trying to close the gap. AI-powered forensic accounting and conversational AI for client engagement are two examples of how services are changing. The U.S. is still at the forefront of accounting innovation because there is tremendous rivalry among the Big Four companies, mid-sized firms, and software vendors.
List of Key Companies Profiled
- XFO Financials Inc. (Vic.ai)
- Deloitte Touche Tohmatsu Limited
- The Sage Group plc
- Ernst & Young Global Limited
- Xero Limited
- Zoho Corporation Pvt. Ltd.
- Pricewaterhousecoopers LLP (PwC)
- Microsoft Corporation
- KPMG International Limited
- Oracle Corporation
North America AI In Accounting Market Report Segmentation
By Component
- Solution
- Services
By Technology
- Machine Learning & Deep Learning
- Robotic Process Automation (RPA)
- Natural Language Processing
By Application
- Automated Bookkeeping
- Invoice and Billing Processing
- Payroll Processing
- Fraud Detection and Risk Management
- Financial Forecasting & Auditing
- Tax Compliance
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America AI In Accounting Market, by Component
- 1.4.2 North America AI In Accounting Market, by Technology
- 1.4.3 North America AI In Accounting Market, by Application
- 1.4.4 North America AI In Accounting Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Market Trends - AI In Accounting Market
Chapter 5. State of Competition - AI In Accounting Market
Chapter 6. Product Life Cycle - AI In Accounting Market
Chapter 7. Market Consolidation - AI In Accounting Market
Chapter 8. Competition Analysis - Global
- 8.1 Market Share Analysis, 2024
- 8.2 Recent Strategies Deployed in AI In Accounting Market
- 8.3 Porter Five Forces Analysis
Chapter 9. Value Chain Analysis - AI In Accounting Market
- 9.1 Research & Development (R&D)
- 9.2 Data Collection & Integration
- 9.3 Technology Infrastructure & Platform Development
- 9.4 Product Design & Customization
- 9.5 Marketing & Sales
- 9.6 Delivery & Implementation
- 9.7 Customer Support & Continuous Improvement
Chapter 10. Key Customer Criteria - AI In Accounting Market
Chapter 11. North America AI In Accounting Market by Component
- 11.1 North America Solution Market by Country
- 11.2 North America Services Market by Country
Chapter 12. North America AI In Accounting Market by Technology
- 12.1 North America Machine Learning & Deep Learning Market by Country
- 12.2 North America Robotic Process Automation (RPA) Market by Country
- 12.3 North America Natural Language Processing Market by Country
Chapter 13. North America AI In Accounting Market by Application
- 13.1 North America Automated Bookkeeping Market by Country
- 13.2 North America Invoice and Billing Processing Market by Country
- 13.3 North America Payroll Processing Market by Country
- 13.4 North America Fraud Detection and Risk Management Market by Country
- 13.5 North America Financial Forecasting & Auditing Market by Country
- 13.6 North America Tax Compliance Market by Country
Chapter 14. North America AI In Accounting Market by Country
- 14.1 US AI In Accounting Market
- 14.1.1 US AI In Accounting Market by Component
- 14.1.2 US AI In Accounting Market by Technology
- 14.1.3 US AI In Accounting Market by Application
- 14.2 Canada AI In Accounting Market
- 14.2.1 Canada AI In Accounting Market by Component
- 14.2.2 Canada AI In Accounting Market by Technology
- 14.2.3 Canada AI In Accounting Market by Application
- 14.3 Mexico AI In Accounting Market
- 14.3.1 Mexico AI In Accounting Market by Component
- 14.3.2 Mexico AI In Accounting Market by Technology
- 14.3.3 Mexico AI In Accounting Market by Application
- 14.4 Rest of North America AI In Accounting Market
- 14.4.1 Rest of North America AI In Accounting Market by Component
- 14.4.2 Rest of North America AI In Accounting Market by Technology
- 14.4.3 Rest of North America AI In Accounting Market by Application
Chapter 15. Company Profiles
- 15.1 XFO Financials Inc. (Vic.ai)
- 15.1.1 Company Overview
- 15.1.2 Recent strategies and developments:
- 15.1.2.1 Partnerships, Collaborations, and Agreements:
- 15.1.2.2 Product Launches and Product Expansions:
- 15.2 Deloitte Touche Tohmatsu Limited
- 15.2.1 Company Overview
- 15.2.2 Recent strategies and developments:
- 15.2.2.1 Product Launches and Product Expansions:
- 15.2.2.2 Acquisition and Mergers:
- 15.2.3 SWOT Analysis
- 15.3 The Sage Group plc
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Segmental Analysis
- 15.3.4 Research & Development Expenses
- 15.3.5 Recent strategies and developments:
- 15.3.5.1 Partnerships, Collaborations, and Agreements:
- 15.3.5.2 Product Launches and Product Expansions:
- 15.3.5.3 Acquisition and Mergers:
- 15.3.6 SWOT Analysis
- 15.4 Ernst & Young Global Limited
- 15.4.1 Company Overview
- 15.4.2 Recent strategies and developments:
- 15.4.2.1 Partnerships, Collaborations, and Agreements:
- 15.4.3 SWOT Analysis
- 15.5 Xero Limited
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Regional Analysis
- 15.5.4 Recent strategies and developments:
- 15.5.4.1 Partnerships, Collaborations, and Agreements:
- 15.5.4.2 Product Launches and Product Expansions:
- 15.6 Zoho Corporation Pvt. Ltd.
- 15.6.1 Company Overview
- 15.6.2 SWOT Analysis
- 15.7 Pricewaterhousecoopers LLP (PwC)
- 15.7.1 Company Overview
- 15.7.2 SWOT Analysis
- 15.8 Microsoft Corporation
- 15.8.1 Company Overview
- 15.8.2 Financial Analysis
- 15.8.3 Segmental and Regional Analysis
- 15.8.4 Research & Development Expenses
- 15.8.5 SWOT Analysis
- 15.9 KPMG International Limited
- 15.9.1 Company Overview
- 15.9.2 Recent strategies and developments:
- 15.9.2.1 Partnerships, Collaborations, and Agreements:
- 15.9.2.2 Product Launches and Product Expansions:
- 15.10. Oracle Corporation
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Segmental and Regional Analysis
- 15.10.4 Research & Development Expense
- 15.10.5 Recent strategies and developments:
- 15.10.5.1 Product Launches and Product Expansions:
- 15.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America AI In Accounting Market, 2021 - 2024, USD Million
- TABLE 2 North America AI In Accounting Market, 2025 - 2032, USD Million
- TABLE 3 Key Customer Criteria - AI In Accounting Market
- TABLE 4 North America AI In Accounting Market by Component, 2021 - 2024, USD Million
- TABLE 5 North America AI In Accounting Market by Component, 2025 - 2032, USD Million
- TABLE 6 North America Solution Market by Country, 2021 - 2024, USD Million
- TABLE 7 North America Solution Market by Country, 2025 - 2032, USD Million
- TABLE 8 North America Services Market by Country, 2021 - 2024, USD Million
- TABLE 9 North America Services Market by Country, 2025 - 2032, USD Million
- TABLE 10 North America AI In Accounting Market by Technology, 2021 - 2024, USD Million
- TABLE 11 North America AI In Accounting Market by Technology, 2025 - 2032, USD Million
- TABLE 12 North America Machine Learning & Deep Learning Market by Country, 2021 - 2024, USD Million
- TABLE 13 North America Machine Learning & Deep Learning Market by Country, 2025 - 2032, USD Million
- TABLE 14 North America Robotic Process Automation (RPA) Market by Country, 2021 - 2024, USD Million
- TABLE 15 North America Robotic Process Automation (RPA) Market by Country, 2025 - 2032, USD Million
- TABLE 16 North America Natural Language Processing Market by Country, 2021 - 2024, USD Million
- TABLE 17 North America Natural Language Processing Market by Country, 2025 - 2032, USD Million
- TABLE 18 North America AI In Accounting Market by Application, 2021 - 2024, USD Million
- TABLE 19 North America AI In Accounting Market by Application, 2025 - 2032, USD Million
- TABLE 20 North America Automated Bookkeeping Market by Country, 2021 - 2024, USD Million
- TABLE 21 North America Automated Bookkeeping Market by Country, 2025 - 2032, USD Million
- TABLE 22 North America Invoice and Billing Processing Market by Country, 2021 - 2024, USD Million
- TABLE 23 North America Invoice and Billing Processing Market by Country, 2025 - 2032, USD Million
- TABLE 24 North America Payroll Processing Market by Country, 2021 - 2024, USD Million
- TABLE 25 North America Payroll Processing Market by Country, 2025 - 2032, USD Million
- TABLE 26 North America Fraud Detection and Risk Management Market by Country, 2021 - 2024, USD Million
- TABLE 27 North America Fraud Detection and Risk Management Market by Country, 2025 - 2032, USD Million
- TABLE 28 North America Financial Forecasting & Auditing Market by Country, 2021 - 2024, USD Million
- TABLE 29 North America Financial Forecasting & Auditing Market by Country, 2025 - 2032, USD Million
- TABLE 30 North America Tax Compliance Market by Country, 2021 - 2024, USD Million
- TABLE 31 North America Tax Compliance Market by Country, 2025 - 2032, USD Million
- TABLE 32 North America AI In Accounting Market by Country, 2021 - 2024, USD Million
- TABLE 33 North America AI In Accounting Market by Country, 2025 - 2032, USD Million
- TABLE 34 US AI In Accounting Market, 2021 - 2024, USD Million
- TABLE 35 US AI In Accounting Market, 2025 - 2032, USD Million
- TABLE 36 US AI In Accounting Market by Component, 2021 - 2024, USD Million
- TABLE 37 US AI In Accounting Market by Component, 2025 - 2032, USD Million
- TABLE 38 US AI In Accounting Market by Technology, 2021 - 2024, USD Million
- TABLE 39 US AI In Accounting Market by Technology, 2025 - 2032, USD Million
- TABLE 40 US AI In Accounting Market by Application, 2021 - 2024, USD Million
- TABLE 41 US AI In Accounting Market by Application, 2025 - 2032, USD Million
- TABLE 42 Canada AI In Accounting Market, 2021 - 2024, USD Million
- TABLE 43 Canada AI In Accounting Market, 2025 - 2032, USD Million
- TABLE 44 Canada AI In Accounting Market by Component, 2021 - 2024, USD Million
- TABLE 45 Canada AI In Accounting Market by Component, 2025 - 2032, USD Million
- TABLE 46 Canada AI In Accounting Market by Technology, 2021 - 2024, USD Million
- TABLE 47 Canada AI In Accounting Market by Technology, 2025 - 2032, USD Million
- TABLE 48 Canada AI In Accounting Market by Application, 2021 - 2024, USD Million
- TABLE 49 Canada AI In Accounting Market by Application, 2025 - 2032, USD Million
- TABLE 50 Mexico AI In Accounting Market, 2021 - 2024, USD Million
- TABLE 51 Mexico AI In Accounting Market, 2025 - 2032, USD Million
- TABLE 52 Mexico AI In Accounting Market by Component, 2021 - 2024, USD Million
- TABLE 53 Mexico AI In Accounting Market by Component, 2025 - 2032, USD Million
- TABLE 54 Mexico AI In Accounting Market by Technology, 2021 - 2024, USD Million
- TABLE 55 Mexico AI In Accounting Market by Technology, 2025 - 2032, USD Million
- TABLE 56 Mexico AI In Accounting Market by Application, 2021 - 2024, USD Million
- TABLE 57 Mexico AI In Accounting Market by Application, 2025 - 2032, USD Million
- TABLE 58 Rest of North America AI In Accounting Market, 2021 - 2024, USD Million
- TABLE 59 Rest of North America AI In Accounting Market, 2025 - 2032, USD Million
- TABLE 60 Rest of North America AI In Accounting Market by Component, 2021 - 2024, USD Million
- TABLE 61 Rest of North America AI In Accounting Market by Component, 2025 - 2032, USD Million
- TABLE 62 Rest of North America AI In Accounting Market by Technology, 2021 - 2024, USD Million
- TABLE 63 Rest of North America AI In Accounting Market by Technology, 2025 - 2032, USD Million
- TABLE 64 Rest of North America AI In Accounting Market by Application, 2021 - 2024, USD Million
- TABLE 65 Rest of North America AI In Accounting Market by Application, 2025 - 2032, USD Million
- TABLE 66 Key Information - XFO Financials Inc.
- TABLE 67 Key Information - Deloitte Touche Tohmatsu Limited
- TABLE 68 Key Information - The Sage Group plc
- TABLE 69 Key Information - Ernst & Young Global Limited
- TABLE 70 Key Information - Xero Limited
- TABLE 71 Key Information - Zoho Corporation Pvt. Ltd.
- TABLE 72 Key Information - Pricewaterhousecoopers LLP
- TABLE 73 Key Information - Microsoft Corporation
- TABLE 74 Key Information - KPMG International Limited
- TABLE 75 Key Information - Oracle Corporation
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America AI In Accounting Market, 2021 - 2032, USD Million
- FIG 3 Market Share Analysis, 2024
- FIG 4 Porter's Five Forces Analysis - AI In Accounting Market
- FIG 5 Value Chain Analysis - AI In Accounting Market
- FIG 6 Key Customer Criteria - AI In Accounting Market
- FIG 7 North America AI In Accounting Market Share by Component, 2024
- FIG 8 North America AI In Accounting Market Share by Component, 2032
- FIG 9 North America AI In Accounting Market by Component, 2021 - 2032, USD Million
- FIG 10 North America AI In Accounting Market Share by Technology, 2024
- FIG 11 North America AI In Accounting Market Share by Technology, 2032
- FIG 12 North America AI In Accounting Market by Technology, 2021 - 2032, USD Million
- FIG 13 North America AI In Accounting Market Share by Application, 2024
- FIG 14 North America AI In Accounting Market Share by Application, 2032
- FIG 15 North America AI In Accounting Market by Application, 2021 - 2032, USD Million
- FIG 16 North America AI In Accounting Market Share by Country, 2024
- FIG 17 North America AI In Accounting Market Share by Country, 2032
- FIG 18 North America AI In Accounting Market by Country, 2021 - 2032, USD Million
- FIG 19 Recent strategies and developments: XFO Financials Inc.
- FIG 20 Recent strategies and developments: Deloitte Touche Tohmatsu Limited
- FIG 21 SWOT Analysis: Deloitte Touche Tohmatsu Limited
- FIG 22 Recent strategies and developments: The Sage Group PLC
- FIG 23 SWOT Analysis: The Sage Group PLC
- FIG 24 SWOT Analysis: Ernst & Young Global Limited
- FIG 25 Recent strategies and developments: Xero Limited
- FIG 26 SWOT Analysis: Zoho Corporation Pvt. Ltd.
- FIG 27 SWOT Analysis: Pricewaterhousecoopers LLP (PwC)
- FIG 28 SWOT Analysis: Microsoft Corporation
- FIG 29 Recent strategies and developments: KPMG International Limited
- FIG 30 SWOT Analysis: Oracle Corporation
