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Accountancy in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 43 Pages
  • April 2021
  • Region: United Kingdom
  • MarketLine
  • ID: 5350398
Description Jump to:
Accountancy in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The accountancy market consists of revenues generated by firms engaged in designing, preparing and auditing accounting records.
  • The UK accountancy market had total revenues of $39.8bn in 2020, representing a compound annual growth rate (CAGR) of 8.3% between 2016 and 2020.
  • The advisory segment was the market's most lucrative in 2020, with total revenues of $15.8bn, equivalent to 39.6% of the market's overall value.
  • The pandemic caused a shock to leading players’ revenue in the early outbreak causing the market to stall but following this the firms recovered and saw a return to growth.

Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the accountancy market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the accountancy market in the United Kingdom
  • Leading company profiles reveal details of key accountancy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom accountancy market with five year forecasts

Reasons to Buy
  • What was the size of the United Kingdom accountancy market by value in 2020?
  • What will be the size of the United Kingdom accountancy market in 2025?
  • What factors are affecting the strength of competition in the United Kingdom accountancy market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom's accountancy market?
Frequently Asked Questions about the Accountancy in the United Kingdom (UK) Market

What is the estimated value of the Accountancy in the United Kingdom (UK) Market?

The Accountancy in the United Kingdom (UK) Market was estimated to be valued at $39.8 Billion in 2020.

What is the growth rate of the Accountancy in the United Kingdom (UK) Market?

The growth rate of the Accountancy in the United Kingdom (UK) Market is 5.1%, with an estimated value of $51.3 Billion by 2025.

What is the forecasted size of the Accountancy in the United Kingdom (UK) Market?

The Accountancy in the United Kingdom (UK) Market is estimated to be worth $51.3 Billion by 2025.

Who are the key companies in the Accountancy in the United Kingdom (UK) Market?

Key companies in the Accountancy in the United Kingdom (UK) Market include Ernst & Young Global Ltd, PricewaterhouseCoopers International Ltd, Deloitte Touche Tohmatsu Limited and KPMG International.
Report AttributeDetails
No. of Pages43
PublishedApril 2021
Forecast Period2020 - 2025
Estimated Market Value ( USD ) in 2020 $ 39.8 Billion
Forecasted Market Value ( USD ) by 2025 $ 51.3 Billion
Compound Annual Growth Rate5.1%
Regions CoveredUnited Kingdom

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. Which players have been most successful in the recent past?
7.3. What new products, services, and innovations have been launched in the market over the last year?
7.4. How have the leading players responded to the COVID-19 outbreak?
8 Company Profiles
8.1. Ernst & Young Global Ltd
8.2. PricewaterhouseCoopers International Ltd
8.3. Deloitte Touche Tohmatsu Limited
8.4. KPMG International
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United Kingdom accountancy market value: $ billion, 2016-20
Table 2: United Kingdom accountancy market category segmentation: $ billion, 2020
Table 3: United Kingdom accountancy market geography segmentation: $ billion, 2020
Table 4: United Kingdom accountancy market value forecast: $ billion, 2020-25
Table 5: Ernst & Young Global Ltd: key facts
Table 6: Ernst & Young Global Ltd: Key Employees
Table 7: Ernst & Young Global Ltd: Key Employees Continued
Table 8: PricewaterhouseCoopers International Ltd: key facts
Table 9: PricewaterhouseCoopers International Ltd: Key Employees
Table 10: Deloitte Touche Tohmatsu Limited: key facts
Table 11: Deloitte Touche Tohmatsu Limited: Key Employees
Table 12: Deloitte Touche Tohmatsu Limited: Key Employees Continued
Table 13: KPMG International: key facts
Table 14: KPMG International: Key Employees
Table 15: KPMG International: Key Employees Continued
Table 16: KPMG International: Key Employees Continued
Table 17: United Kingdom size of population (million), 2016-20
Table 18: United Kingdom GDP (constant 2005 prices, $ billion), 2016-20
Table 19: United Kingdom GDP (current prices, $ billion), 2016-20
Table 20: United Kingdom inflation, 2016-20
Table 21: United Kingdom consumer price index (absolute), 2016-20
Table 22: United Kingdom exchange rate, 2016-20
List of Figures
Figure 1: United Kingdom accountancy market value: $ billion, 2016-20
Figure 2: United Kingdom accountancy market category segmentation: % share, by value, 2020
Figure 3: United Kingdom accountancy market geography segmentation: % share, by value, 2020
Figure 4: United Kingdom accountancy market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the accountancy market in the United Kingdom, 2020
Figure 6: Drivers of buyer power in the accountancy market in the United Kingdom, 2020
Figure 7: Drivers of supplier power in the accountancy market in the United Kingdom, 2020
Figure 8: Factors influencing the likelihood of new entrants in the accountancy market in the United Kingdom, 2020
Figure 9: Factors influencing the threat of substitutes in the accountancy market in the United Kingdom, 2020
Figure 10: Drivers of degree of rivalry in the accountancy market in the United Kingdom, 2020

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Ernst & Young Global Ltd
  • PricewaterhouseCoopers International Ltd
  • Deloitte Touche Tohmatsu Limited
  • KPMG International

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