PUBLISHER: The Business Research Company | PRODUCT CODE: 1713482
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713482
The accounting educational system is a well-organized framework designed to teach accounting principles, practices, and regulations. It comprises courses and programs provided by educational institutions to equip students for careers in accounting and related areas. Additionally, it aims to prepare students for professional certifications.
Key educational models within the system include financial accounting, managerial accounting, tax accounting, auditing, cost accounting, forensic accounting, and accounting information systems. Financial accounting focuses on recording, summarizing, and reporting the financial transactions of a business or organization over a defined period. Technologies used in this system include online learning platforms, virtual classrooms, interactive software, and accounting simulation software. Educational materials encompass digital resources, video lectures, practice questions and exercises, and case studies. The primary users of these resources include universities and colleges, vocational schools, continuing education institutes, and corporate training programs.
The accounting educational system market research report is one of a series of new reports from The Business Research Company that provides accounting educational system market statistics, including accounting educational system industry global market size, regional shares, competitors with a accounting educational system market share, detailed accounting educational system market segments, market trends and opportunities, and any further data you may need to thrive in the accounting educational system industry. This accounting educational system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The accounting educational system market size has grown strongly in recent years. It will grow from $2.46 billion in 2024 to $2.65 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increase in demand for skilled accountants, rise in regulatory changes, rise in globalization of business, growth in online education, and rise in need for professional certifications.
The accounting educational system market size is expected to see strong growth in the next few years. It will grow to $3.56 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing demand for data analytics skills, shift towards remote learning, growing emphasis on sustainability accounting, increasing demand for specialized accounting certifications, and evolving international accounting standards. Major trends in the forecast period include advancements in AI-driven learning tools, adoption of personalized online courses, gamification of content, adoption of blockchain-based credentialing, emphasis on data analytics, integration of VR simulations, and adoption of collaborative learning platforms.
The rising demand for accounting professionals is anticipated to drive the growth of the accounting educational system market in the coming years. These professionals, including accountants, auditors, and financial analysts, specialize in managing and analyzing financial records and reports. The growing need for accounting professionals is driven by increasing demands for financial management, regulatory compliance, and accurate financial reporting across various industries. The accounting educational system supports these professionals by providing essential knowledge, technical skills, and certification preparation, enabling them to excel in their careers and remain up-to-date with industry standards and regulations. For example, in August 2024, the Bureau of Labor Statistics, a U.S. government agency focused on labor economics and statistics, projected that employment for accountants and auditors would grow by 6% from 2023 to 2033, outpacing the average growth rate for all occupations. Thus, the rising demand for accounting professionals is fueling the expansion of the accounting educational system market.
Leading companies in the accounting educational system market are focusing on incorporating technology and digital tools, such as cloud accounting software, to give students and professionals real-time access to accounting resources and tools. Cloud accounting software improves the educational system by offering remote access to real-time data and tools, promoting collaborative learning, and providing hands-on experience with modern, industry-relevant technologies. For example, in June 2023, Zoho Corporation, an India-based technology company, introduced Zoho Books Student Edition at the annual conference of the Eastern India Chartered Accountants Students Association (EICASA). This platform allows students to gain practical experience with features such as accounts receivable, accounts payable, bank reconciliation, financial reporting, and tax compliance. Additionally, Zoho has partnered with 25 educational institutions to offer training on Zoho Books.
In March 2023, UWorld LLC, a US-based e-learning company, acquired the Efficient Learning test prep portfolio from John Wiley & Sons Inc. (Wiley) for an undisclosed amount. This acquisition will bolster UWorld's offerings by incorporating a specialized test prep portfolio for finance, accounting, and business certifications. It strengthens UWorld's standing in these sectors, delivering more in-depth and comprehensive learning resources to its customers while broadening its educational tools and services. John Wiley & Sons Inc., a US-based publishing company, specializes in providing continuing education and research materials in fields such as accounting, finance, and other disciplines.
Major companies operating in the accounting educational system market are Microsoft Corporation, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Oracle Corporation, KPMG International Limited, SAP SE, Intuit Inc., Grant Thornton LLP, Wolters Kluwer N.V., Infor, Sage Group plc, Zoho Corporation, Blackbaud Inc., Xero Limited, BILL Holdings Inc., Workiva Inc., BlackLine Inc., FreshBooks, UWorld LLC, Bench Accounting, Toggl, Suralink, AccountingSeed, Wave Financial Inc.
North America was the largest region in the accounting educational system market in 2024. Asia- Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the accounting educational system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the accounting educational system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The accounting educational system market consists of revenues earned by entities by providing services such as certification and exam preparation, professional development and continuing education, and online learning platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. The accounting educational system market also includes sales of computers, servers, networking devices, accounting textbooks, and study materials. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Accounting Educational System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on accounting educational system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for accounting educational system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The accounting educational system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.