Recon Software for the Financial Service Market

Recon Software for the Financial Service Market studies the Recon Software for the Financial Service market. Account reconciliation software automates all of the steps in the account reconciliation process. It takes in data from all sources of financial information, such as ERP systems, bank files or statements, credit card processors, and merchant services.

It then compares account balances between these sources and identifies any discrepancies so they can be investigated by accounting staff. This removes the burden of manually performing this task and frees accountants to focus on analyzing discrepancies

Recon Software for the Financial Service Market contains market size and forecasts of Recon Software for the Financial Service in Global, including the following market information:

Global Recon Software for the Financial Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Recon Software for the Financial Service market was valued at 702.3 million in 2021 and is projected to reach US$ 1091.8 million by 2028, at a CAGR of 6.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Cloud Based Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Recon Software for the Financial Service include ReconArt, SmartStream, BlackLine, Adra, Fiserv, SAP, Gresham Technologies, IStream Financial Services and Aurum Solution, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Recon Software for the Financial Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Recon Software for the Financial Service Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Recon Software for the Financial Service Market Segment Percentages, by Type, 2021 (%)

Cloud Based

On Premise

Global Recon Software for the Financial Service Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Recon Software for the Financial Service Market Segment Percentages, by Application, 2021 (%)

Banks

Insurance

Retail

Government

Others

Global Recon Software for the Financial Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Recon Software for the Financial Service Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Recon Software for the Financial Service revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Recon Software for the Financial Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ReconArt

SmartStream

BlackLine

Adra

Fiserv

SAP

Gresham Technologies

IStream Financial Services

Aurum Solution

API Software

Xero

Unit4

Cashbook

Trintech

Rimilia

OneStream Software

Open Systems

Launch Pad Technologies

Oracle