+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global IT Spending Market by Audit Firms 2019-2023 - Product Image

Global IT Spending Market by Audit Firms 2019-2023

  • ID: 4792968
  • Report
  • June 2019
  • Region: Global
  • 123 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 4

FEATURED COMPANIES

  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • IBM Corp.
  • Microsoft Corp.
  • SAP SE
  • MORE
Global IT Spending Market by Audit Firms: About this market

IT spending by audit firms includes the entire IT expenditure on hardware, software, and services by audit firms. This IT spending market by audit firms market analysis considers sales generated by the adoption of IT services, IT software, and IT hardware. Our analysis also considers the sales of IT spending market by audit firms in APAC, Europe, North America, South America, and MEA. In 2018, the IT services segment had a significant market share, and this trend is expected to continue over the forecast period. Solutions including cloud computing services, software-defined solutions, and big data provided by IT service providers will play a significant role in the IT services segment to maintain its market position. Also, our global IT spending market by audit firms market report looks at factors such as the increasing adoption of audit management services, increased demand for cloud-based audit management software, and strategic partnerships and acquisitions. However, data security concerns, dependency on IT budget allocation of big four accounting firms, and high cost of IT implementation may hamper the growth of the IT spending market by audit firms industry over the forecast period.

Global IT Spending Market by Audit Firms: Overview

Increasing demand for cloud-based audit management software

Several audit firms are adopting cloud-based management software as it enables faster audit issue resolution. In addition, it offers benefits such as automated audit process and reduced manual errors and paperwork. They are also integrating predictive analytics with cloud-management software to obtain more benefits. This will lead to the expansion of the global IT spending market by audit firms market at a CAGR of over 8% during the forecast period.

AI-based audit management

The adoption of AI techniques in audit management software helps in improving the efficiency of data-heavy environments. It benefits the audit firms by minimizing the report generation timelines and reducing the total cost and time of audit management. Such benefits of AI-based audit management is expected to have a positive impact on the overall market growth.

Competitive Landscape

With the presence of few major players, the global IT spending market by audit firms market is concentrated. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IT spending market by audit firms manufacturers, that include Cisco Systems Inc., Dell Technologies Inc., IBM Corp., Microsoft Corp., and SAP SE.

Also, the IT spending market by audit firms market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • IBM Corp.
  • Microsoft Corp.
  • SAP SE
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • IT services - Market size and forecast 2018-2023
  • IT software - Market size and forecast 2018-2023
  • IT hardware - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Integration of blockchain technology into audit software
  • AI-based audit management
  • Audit management software with predictive analytics
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • IBM Corp.
  • Microsoft Corp.
  • SAP SE
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Global information technology (IT) spending market
Exhibit 02: Segments of global information technology (IT) spending market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Type - Market share 2018-2023 (%)
Exhibit 18: Comparison by type
Exhibit 19: IT services - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: IT services - Year-over-year growth 2019-2023 (%)
Exhibit 21: IT software - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: IT software - Year-over-year growth 2019-2023 (%)
Exhibit 23: IT hardware - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: IT hardware - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by type
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 38: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Cisco Systems Inc. - Vendor overview
Exhibit 48: Cisco Systems Inc. - Business segments
Exhibit 49: Cisco Systems Inc. - Organizational developments
Exhibit 50: Cisco Systems Inc. - Geographic focus
Exhibit 51: Cisco Systems Inc. - Segment focus
Exhibit 52: Cisco Systems Inc. - Key offerings
Exhibit 53: Dell Technologies Inc. - Vendor overview
Exhibit 54: Dell Technologies Inc. - Business segments
Exhibit 55: Dell Technologies Inc. - Organizational developments
Exhibit 56: Dell Technologies Inc. - Geographic focus
Exhibit 57: Dell Technologies Inc. - Segment focus
Exhibit 58: Dell Technologies Inc. - Key offerings
Exhibit 59: IBM Corp. - Vendor overview
Exhibit 60: IBM Corp. - Business segments
Exhibit 61: IBM Corp. - Organizational developments
Exhibit 62: IBM Corp. - Geographic focus
Exhibit 63: IBM Corp. - Segment focus
Exhibit 64: IBM Corp. - Key offerings
Exhibit 65: Microsoft Corp. - Vendor overview
Exhibit 66: Microsoft Corp. - Business segments
Exhibit 67: Microsoft Corp. - Organizational developments
Exhibit 68: Microsoft Corp. - Geographic focus
Exhibit 69: Microsoft Corp. - Segment focus
Exhibit 70: Microsoft Corp. - Key offerings
Exhibit 71: SAP SE - Vendor overview
Exhibit 72: SAP SE - Business segments
Exhibit 73: SAP SE - Organizational developments
Exhibit 74: SAP SE - Geographic focus
Exhibit 75: SAP SE - Segment focus
Exhibit 76: SAP SE - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • IBM Corp.
  • Microsoft Corp.
  • SAP SE
  • MORE
The following companies are recognised as the key players in the global IT spending market by audit firms market: Cisco Systems Inc., Dell Technologies Inc., IBM Corp., Microsoft Corp., and SAP SE.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the adoption of AI-based audit management”.

According to the report, one of the major drivers for this market is the increasing demand for cloud-based audit management software.

Further, the report states that one of the major factors hindering the growth of this market is the data security concerns.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 4
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • IBM Corp.
  • Microsoft Corp.
  • SAP SE
Note: Product cover images may vary from those shown
Adroll
adroll