The number of bookkeeping, accounting and auditing clerks employed in the United States ********* between 2012 and 2021. In 2022, there was a slight increase as approximately *** million people were employed in these professions. Between 2023 and 2024, however, this figure fell once again.
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Graph and download economic data for All Employees, Accounting, Tax Preparation, Bookkeeping, and Payroll Services (CES6054120001) from Jan 1990 to Jun 2025 about accounting, professional, establishment survey, business, services, employment, and USA.
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United States AHE: sa: PW: PB: Accounting & Bookkeeping Services data was reported at 33.780 USD in Mar 2025. This records a decrease from the previous number of 33.840 USD for Feb 2025. United States AHE: sa: PW: PB: Accounting & Bookkeeping Services data is updated monthly, averaging 19.310 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 33.840 USD in Feb 2025 and a record low of 10.760 USD in Jul 1990. United States AHE: sa: PW: PB: Accounting & Bookkeeping Services data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
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Number of Businesses statistics on the Payroll & Bookkeeping Services industry in the US
In 2024, bookkeeping, accounting, and auditing clerks in the United States earned on average ** U.S. dollars per hour. In the same year, there were approximately **** million bookkeeping, accounting, and auditing clerks in the United States.
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According to Cognitive Market Research, the global Online Bookkeeper Managemet Software market size is USD 4158.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD 1663.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1247.67 million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 956.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031. Latin America had a market share for more than 5% of the global revenue with a market size of USD 207.95million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 83.18million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. The Cloud-based held the highest Online Bookkeeper Managemet Software market revenue share in 2024. Market Dynamics of Online Bookkeeper Managemet Software Market Key Drivers for Online Bookkeeper Managemet Software Market Rise of Remote Bookkeeping to Increase the Demand Globally The ascent of remote paintings has sparked a parallel upward push in far-off bookkeeping services. Leveraging online bookkeeping management software, this trend fosters seamless collaboration and conversation between bookkeepers and customers, irrespective of their bodily region. Through these digital structures, responsibilities, together with records entry, reconciliations, and monetary reporting, grow to be streamlined and available, permitting real-time updates and insights. This evolution no longer complements efficiency but additionally gives flexibility to each bookkeeper and customer, accommodating diverse schedules and painting preparations. As far-flung work keeps redefining conventional paradigms, faraway bookkeeping stands as a testimony to the transformative power of the era in modernizing expert services. Growing Number of Small Businesses to Propel Market Growth The burgeoning population of small and medium-sized agencies (SMBs) affords a fertile ground for the adoption of online bookkeeping software programs. With restrained resources to onboard in-house bookkeepers, these firms are turning to virtual answers to streamline their financial control methods. The online bookkeeping software program offers a value-powerful and green opportunity, enabling SMBs to manage their finances comfortably and accurately. By automating responsibilities, which include invoicing, price monitoring, and financial reporting, these structures empower SMBs to pay attention to their core operations and strategic increase tasks. As the demand for reachable and scalable financial control solutions continues to surge, online bookkeeping software program emerges as a pivotal asset in assisting the growth and sustainability of SMBs within the virtual age. Restraint Factor for the Online Bookkeeper Managemet Software Market Data Privacy and Security Concerns to Limit the Sales As corporations increasingly rely upon cloud-primarily based software programs for financial management, concerns over data privacy and protection breaches loom large. Safeguarding sensitive monetary information from unauthorized right of entry is paramount for the market boom. Online bookkeeping software programs have to cope with these worries by imposing robust safety capabilities, which include stop-to-cease encryption, multi-element authentication, and normal safety audits. Additionally, adherence to industry-widespread compliance guidelines like GDPR and PCI DSS similarly bolsters consider amongst users. Proactive measures, consisting of worker training on cybersecurity first-class practices and set-off response protocols to ability threats, are vital for preserving the integrity and reliability of cloud-based bookkeeping solutions. By prioritizing facts, privateness, and security, vendors can instill self-assurance in their services and foster sustained adoption among corporations of all sizes. Impact of Covid-19 on the Online Bookkeeper Managemet Software Market The COVID-19 pandemic significantly impacted the web bookkeeping manage...
The summary statistics by North American Industry Classification System (NAICS) which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of accounting, tax preparation, bookkeeping and payroll services (NAICS 54121), annual, for five years of data.
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United States Imports: Services: OB: PMC: Accounting, Auditing & Bookkeeping data was reported at 3.005 USD bn in 2016. This records an increase from the previous number of 2.927 USD bn for 2015. United States Imports: Services: OB: PMC: Accounting, Auditing & Bookkeeping data is updated yearly, averaging 2.363 USD bn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 3.005 USD bn in 2016 and a record low of 1.516 USD bn in 2006. United States Imports: Services: OB: PMC: Accounting, Auditing & Bookkeeping data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA021: Trade Statistics: Services: By Type.
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European Share of High Growth Enterprises in the Population of Active Enterprises in Accounting, Bookkeeping and Auditing Services, Tax Consultancy by Country, 2023 Discover more data with ReportLinker!
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United States Imports: Services: LW: OB: PMC: Accounting, Auditing & Bookkeeping data was reported at 247.000 USD mn in 2016. This records a decrease from the previous number of 253.000 USD mn for 2015. United States Imports: Services: LW: OB: PMC: Accounting, Auditing & Bookkeeping data is updated yearly, averaging 194.000 USD mn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 254.000 USD mn in 2014 and a record low of 95.000 USD mn in 2006. United States Imports: Services: LW: OB: PMC: Accounting, Auditing & Bookkeeping data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA028: Trade Statistics: Services: Latin America & Other Western Hemisphere.
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The global practice management software for accountants and bookkeepers market size was valued at approximately $3.5 billion in 2023 and is projected to reach a staggering $8.9 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 11.1% during the forecast period. This significant market growth is driven by the increasing need for efficiency and automation within accounting and bookkeeping practices, as these sectors strive to adapt to rapidly evolving technological advancements and heightened client demands. As firms and individual professionals aim to enhance productivity while reducing manual errors, the adoption of practice management software becomes a crucial factor in achieving these goals.
One prominent growth factor for this market is the rising complexity of financial regulations globally, which necessitates improved compliance and reporting standards. Accountants and bookkeepers are under continuous pressure to keep abreast of evolving laws and regulations, making the automation and streamlining capabilities of practice management software indispensable. These solutions help professionals manage client data, track financial transactions, and provide timely reporting, ensuring compliance with local and international regulations. This, in turn, fosters the adoption of such software, driving market expansion.
Another key driver is the increasing adoption of cloud-based solutions, which offer scalability, flexibility, and cost-effectiveness. Cloud deployment allows accountants and bookkeepers to access their software and data from any location, improving collaboration and efficiency in increasingly remote or hybrid work environments. Moreover, cloud-based practice management software eliminates the need for costly on-premises infrastructure, making it an attractive option for small and medium enterprises (SMEs), which form a substantial portion of the market's target demographic. This has resulted in a noticeable shift from traditional on-premises systems to more dynamic and versatile cloud solutions.
Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) technologies into practice management software is revolutionizing the way accountants and bookkeepers operate. Intelligent systems are capable of analyzing vast amounts of data, identifying patterns, and providing predictive analytics, which significantly enhances decision-making processes. This level of automation not only increases accuracy and reduces the time spent on routine tasks but also allows professionals to focus more on strategic planning and advisory services. Consequently, the market is witnessing a surge in demand for AI-enabled practice management solutions.
Regionally, North America currently dominates the practice management software market for accountants and bookkeepers, owing to its advanced technological infrastructure and early adoption of innovative solutions. The presence of a large number of accounting firms and the high demand for efficient practice management tools in the United States and Canada are critical factors contributing to this dominance. Meanwhile, the Asia Pacific region is expected to exhibit the fastest growth, as emerging economies such as China and India increasingly recognize the benefits of automation and digitalization in accounting practices. The rapid digitization in these regions, coupled with government initiatives supporting digital transformation, is anticipated to fuel market growth significantly.
In this evolving landscape, the introduction of an Agency Bookkeeping Platform can significantly enhance the capabilities of practice management software. Such platforms are designed to streamline the bookkeeping process by integrating various accounting functions into a single, cohesive system. This integration not only simplifies the management of financial data but also ensures accuracy and compliance with regulatory standards. By adopting an Agency Bookkeeping Platform, accounting firms can offer more comprehensive services to their clients, thereby improving client satisfaction and retention. Additionally, these platforms often come with customizable features that cater to the specific needs of different agencies, making them a versatile tool in the accountant's arsenal. As the demand for digital solutions continues to rise, the role of Agency Bookkeeping Platforms in the practice management software market is expected to grow, offering firms a competitive edge in deliv
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Graph and download economic data for Employed full time: Wage and salary workers: Bookkeeping, accounting, and auditing clerks occupations: 16 years and over: Men (LEU0254606300A) from 2000 to 2024 about clerical workers, occupation, accounting, full-time, males, salaries, workers, 16 years +, wages, employment, and USA.
This statistic displays annual revenue figures of payroll & bookkeeping services in the United States from 2008 to 2013. In 2008, the revenue of payroll & bookkeeping services in the U.S. ranged at about ** billion U.S. dollars.
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The Online Bookkeeper Management Software market has rapidly evolved into a vital segment of the financial technology ecosystem, providing essential tools for businesses seeking efficient and streamlined bookkeeping solutions. With the increasing complexity of financial regulations and the growing need for accurate
In 2022, salaries, wages, commissions and benefits had the largest share of the total operating expenses of accounting, tax preparation, bookkeeping and payroll services, accounting for approximately ** percent of total industry expenditure in Canada.
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United States Exports: Services: UK: OB: PMC: Accounting, Auditing & Bookkeeping data was reported at 246.000 USD mn in 2016. This records an increase from the previous number of 230.000 USD mn for 2015. United States Exports: Services: UK: OB: PMC: Accounting, Auditing & Bookkeeping data is updated yearly, averaging 229.000 USD mn from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 314.000 USD mn in 2008 and a record low of 139.000 USD mn in 2007. United States Exports: Services: UK: OB: PMC: Accounting, Auditing & Bookkeeping data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA027: Trade Statistics: Services: United Kingdom.
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The Software for Bookkeepers market has become an integral component of the accounting and finance industry, empowering professionals to manage financial records with greater efficiency and accuracy. This market comprises a range of specialized software solutions designed to streamline bookkeeping tasks, from invoic
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The global market size of Payroll and Bookkeeping Services is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Payroll and Bookkeeping Services Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Payroll and Bookkeeping Services industry. The key insights of the report:
1.The report provides key statistics on the market status of the Payroll and Bookkeeping Services manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Payroll and Bookkeeping Services industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Payroll and Bookkeeping Services Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Payroll and Bookkeeping Services as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Payroll and Bookkeeping Services market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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Forecast: Share of High Growth Enterprises in the Population of Active Enterprises in Accounting, Bookkeeping and Auditing Services, Tax Consultancy in Italy 2024 - 2028 Discover more data with ReportLinker!
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Employment statistics on the Bookkeeping industry in the UK
The number of bookkeeping, accounting and auditing clerks employed in the United States ********* between 2012 and 2021. In 2022, there was a slight increase as approximately *** million people were employed in these professions. Between 2023 and 2024, however, this figure fell once again.