According to a new report, published by KBV research, The Global AI In Accounting Market size is expected to reach USD 66.15 billion by 2032, rising at a market growth of 38.6% CAGR during the forecast period.
The global AI in accounting market has evolved remarkably over the past decade, transforming from traditional rule-based software into intelligent systems capable of performing cognitive tasks such as anomaly detection, predictive analytics, and real-time compliance monitoring. Initially, AI in accounting was limited to automating repetitive tasks like data entry and reconciliation.
The Robotic Process Automation (RPA) segment is anticipating a CAGR of 38.8% during (2025 - 2032). This segment serves as a vital automation layer within accounting systems by mimicking repetitive, rule-based tasks that were traditionally handled by human accountants. RPA bots are extensively deployed for automating routine functions such as invoice processing, bank reconciliations, ledger updates, and payroll management. Their adoption improves turnaround times, ensures consistency, and significantly reduces operational costs. As organizations seek greater operational agility, RPA continues to gain traction in back-office finance operations, contributing to enhanced compliance and overall productivity in accounting workflows.
The Automated Bookkeeping segment is leading the Global AI In Accounting Market by Application in 2024; thereby, achieving a market value of USD 16.8 billion by 2032. It has emerged as a powerful application of AI in accounting, transforming into how financial records are created, categorized, and maintained. By leveraging machine learning algorithms and natural language processing, this solution can intelligently capture and enter data from receipts, emails, and financial statements. It automates repetitive tasks such as journal entries, reconciliation, and ledger updates, thus minimizing human error and boosting operational efficiency.
The Services segment is registering a CAGR of 39.3% during (2025 - 2032). These services often include consulting, integration, training, maintenance, and support, ensuring that organizations can implement AI technologies effectively within their existing financial systems. Service providers work closely with firms to customize solutions according to industry-specific requirements, enhance data migration strategies, and ensure compliance with evolving regulatory standards. Furthermore, post-deployment services like ongoing monitoring and technical support are critical in maximizing the long-term value of AI investments.
Full Report: https://www.kbvresearch.com/ai-in-accounting-market/
The North America market dominated the Global AI In Accounting Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 23.37 billion by 2032, growing at a CAGR of 37.7 % during the forecast period. The Europe market is expected to witness a CAGR of 38.4% during (2025 - 2032). Additionally, The Asia Pacific market is expected to witness a CAGR of 39.7% during (2025 - 2032).
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