Audit and Assurance Services market

Global Audit and Assurance Services Market Research Report 2024(Status and Outlook)

  • 11 November 2024
  • Energy and Natural Resources
  • 115 Pages
  • Report code : PMR-8017735

  • 4.7 (158)

Audit and Assurance Services Market

COMPANIES COVERED

KPMG
Leyton
Cherry Bekaert
Moss Adams LLP
PMBA
Vertex, Inc.
Santora CPA Group
Deloitte
TWHC
SG Inc CPA
MASSIE R&D Tax Credits, LLC
BARNWELL CONSULTING, LLC
Cordasco & Company
Stevens & Lee
Cypher Group Holdings, Inc.

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The "Global Audit and Assurance Services Market" size was valued at US$ 234.5 billion in 2024 and is projected to reach US$ 312.8 billion by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.

The "United States Audit and Assurance Services Market" size was valued at US$ 68.9 billion in 2024 and is projected to reach US$ 89.4 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.

Audit and Assurance Services are professional services that provide an independent examination and evaluation of an organization’s financial statements, processes, and systems. The purpose of these services is to enhance the reliability of financial information by ensuring accuracy, transparency, and compliance with accounting standards and regulations. Audit services focus on verifying the truthfulness of financial reports, while assurance services extend to other areas such as risk management, governance, and operational efficiency, offering insights that help organizations improve their decision-making and mitigate potential risks.

The market demonstrates stable growth, driven by regulatory requirements. In 2023, service volume reached 2.8 million engagements, with financial services accounting for 45% of demand. Digital audit services grow at 8.5% annually. Market saw 38% increase in data analytics adoption in 2023. Traditional audits lead with 62% share, while technology-enabled services grow at 9.2% annually. North America leads with 42% market share, while Asia Pacific shows 7.8% CAGR.

Report Overview

Audit and Assurance Services Market provides a deep insight into the global Audit and Assurance Services market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Audit and Assurance Services Market, Audit and Assurance Services Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Audit and Assurance Services Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Audit and Assurance Services market in any manner.

Global Audit and Assurance Services Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • KPMG
  • Leyton
  • Cherry Bekaert
  • Moss Adams LLP
  • PMBA
  • Vertex, Inc.
  • Santora CPA Group
  • Deloitte
  • TWHC
  • SG Inc CPA
  • MASSIE R&D Tax Credits, LLC
  • BARNWELL CONSULTING, LLC
  • Cordasco & Company
  • Stevens & Lee
  • Cypher Group Holdings, Inc.
By Type
  • Credit Authentication
  • Management Assurance
  • Equity Certification
  • Risk Assurance
By Application
  • Large Enterprise
  • Medium Enterprise
  • Small Enterprise
Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Audit and Assurance Services Market
  • Overview of the regional outlook of the Audit and Assurance Services Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter

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