Worldwide Auditing Services Industry to 2026 - Digital Technical Innovations in Audition Services Presents Opportunities - ResearchAndMarkets.com

The "Global Auditing Services Market (2021-2026) by Product, End User, Type, Service Line, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Auditing Services Market is estimated to be USD 226.4 Bn in 2021 and is expected to reach USD 321.7 Bn by 2026, growing at a CAGR of 7.28%.

There will be an upsurge incorporate action, such as mergers and acquisitions and initial public offerings (IPOs) as the economy improves from the COVID-19 virus and nations continue operations, which may stimulate progress for business facilities. Trade commission and amplified guidelines from the sanctuaries, growing rigorous government policies regarding revelation & reporting of financial details will lead to a rise in demand from audit services. One of the significant trends in the auditing services market is market amalgamation. To broaden its service line or enhance its existing auditing services, many auditing firms have purchased global accounting organizations.

The crucial factor likely to restrain the growth of the global market is the absence of awareness among people regarding financial auditing services. Throughout various industries, the growing likings towards automation or Artificial Intelligence (AI) is an additional factor anticipated to hamper the growth of the focus market over the forecast period.

Recent Developments

1. Deloitte Launches its Tax Transformation Trends Survey, which involved more than 300 tax and finance executives globally. - 25th May 2021.

2. PwC Launches Solution Supporting Audit Of Cryptocurrency. - 20th Jun 2019.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Auditing Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using the Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Market Dynamics

Drivers

• Growing Corporate Spending on Financial Auditing and Recording
• Increasing Demand for Auditing Services Across Various Industries

Restraints

• Lack of Awareness Regarding the Financial Auditing Services

Opportunities

• Digital Technical Innovations in Audition Services
• Emerging Investment in Research & Development Activity

Challenges

• Shifting Towards Automation or AI Across Various Industries

Companies Mentioned

• A.T Kearney
• Armanino LLP
• Baker Tilly US
• CBIZ & Mayer Hoffman McCann
• CPAs & Consultants
• Crowe Horwath LLP
• Deloitte Touche Tohmatsu Ltd
• Ernst & Young Global Limited
• Grant Thornton LLP
• Healy Consultants Group PLC
• KPMG International Limited
• Maxim Audit and Consultants
• Moore Stephens International Limited
• Nexia International Limited
• Petruska & Co., Inc
• Protiviti India Member Pvt Ltd
• PwC (PricewaterhouseCoopers) LLP
• RSM International Association
• Schooley Mitchell

For more information about this report visit https://www.researchandmarkets.com/r/guugnl

View source version on businesswire.com: https://www.businesswire.com/news/home/20211022005356/en/