India Accounting Services Market Size, Share, Industry Trends, Growth Analysis, Forecast Report 2025-2033

(MENAFN- IMARC Group) The India accounting services market size reached USD 25.76 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 65.10 Billion by 2033, exhibiting a growth rate (CAGR) of 10.17% during 2025–2033. The accounting services market in India is experiencing significant growth, driven by digital transformation, regulatory compliance requirements, increasing adoption of outsourcing, and the rapid expansion of businesses across diverse sectors.

Key Highlights

• Market size (2024): USD 25.76 Billion
• Forecast (2033): USD 65.10 Billion
• CAGR (2025–2033): 10.17%
• Rising demand for cloud-based accounting platforms
• Growth in outsourcing of financial and payroll services
• Increasing compliance requirements boosting professional service adoption

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How Is AI Transforming the Accounting Services Market in India?

AI-driven solutions are reshaping the accounting landscape, enabling firms to deliver:

• Automated bookkeeping and transaction management
• Predictive analytics for financial forecasting and risk management
• Fraud detection and compliance monitoring using AI-powered algorithms
• Enhanced efficiency in auditing and reporting through machine learning
• Integration with ERP and business intelligence tools for real-time decision-making

Key Market Trends and Drivers

• Digital Transformation: Increasing adoption of AI, machine learning, and blockchain to streamline financial processes
• Regulatory Compliance: Growing tax reforms and corporate governance requirements fueling demand for professional accounting services
• Outsourcing Growth: SMEs and large enterprises outsourcing accounting to reduce costs and enhance efficiency
• Cloud-Based Accounting: Rapid adoption of SaaS platforms for scalability, security, and remote accessibility
• Expansion of Startups & MSMEs: Rising entrepreneurial activity driving demand for bookkeeping, tax filing, and financial advisory services

Market Segmentation

The report has segmented the market into the following categories:

Type of Service Insights:

• Tax Preparation Services
• Bookkeeping Services
• Payroll Services
• Others

Regional Insights:

• North India
• South India
• East India
• West India

Explore the Full Report with Charts, Table of Contents, and List of Figures (Report link CTA): https://www.imarcgroup.com/india-accounting-services-market

Latest Developments in the Industry

• In 2024, several leading firms expanded their service portfolios with AI-driven accounting and tax solutions to enhance efficiency and compliance.
• Cloud-based accounting platforms witnessed a surge in adoption across SMEs, enabling real-time reporting and cost savings.
• The government's focus on digitization, GST reforms, and mandatory e-invoicing systems accelerated the demand for professional accounting services in India.

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