The Artificial intelligence in accounting market is expected to grow at a significant CAGR in the period from 2021 to 2027. The rising requirement to automate accounting operations and enable data-based advising and decision-making are driving the AI in accounting industry forward.
Machine translation, information extraction, report production, question answering, collecting data giving context, and determining the user’s intent are all examples of NLP applications. In the field of accounting, NLP is used in areas like as invoice categorization and interpretation, as well as contract interpretation. Major AI in accounting providers are concentrating on delivering NLP integrated solutions as contract and invoice languages and formats become more varied. NLP technology in AI in accounting is expanding at a rapid pace, owing to the improving regulatory and compliance framework for data.
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A full report of Global Artificial intelligence in accounting Market is available at: https://www.orionmarketreports.com/artificial-intelligence-in-accounting-market/30052/
The following Segmentation are covered in this report:
By Technology
- Machine Learning (ML) and Deep Learning
- NLP
By Enterprise size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By Application
- Automated Bookkeeping
- Invoice Classification and Approvals
- Fraud and Risk Management
- Reporting
- Others (Expense and Auditing Management, and Tax and Revenue Filing)
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Artificial intelligence in accounting Market.
- The market share of the global Artificial intelligence in accounting Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Artificial intelligence in accounting Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial intelligence in accounting Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
