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Report Overview

The Europe audit software market size reached USD 320.70 Million in 2024. The market is expected to grow at a CAGR of 8.98% between 2025 and 2034, reaching USD 757.82 Million by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • As per Eurostat , In 2020, there were 5,441 banks in the EU, with assets worth €39,219 billion.

  • As of 2020, the healthcare expenditure of the European Union  as a percentage of its GDP is 10.9%.

  • In Europe  as of 2021, there were 2.1 million enterprises in the manufacturing sector employing 30 million individuals.

Compound Annual Growth Rate

Value in USD Million

8.98%

2025-2034


Europe Audit Software Market Outlook

*this image is indicative*

The Europe audit software market growth is boosted by large enterprises that require robust audit software, on the other hand, small and medium enterprises have distinct needs and preferences

Large corporations in Europe use robust audit software which enables them to oversee complex activities, large sums of money and law compliance. To achieve this, enterprises located in the domestic region use audit software with advanced features like automation, analytic tools, and customized reporting which makes work easier by increasing effectiveness when conducting transactions while minimising the risks at different levels across all sites and departments.

Audit software helps firms in numerous sectors automate tasks, manage risk, streamline reporting, and enhance financial governance among many other use cases. In November 2023 SAP completed the acquisition of LeanIX, a market leader in the software as a service industry.

Small and medium-sized enterprises also have a significant share of the European audit software market. Audit software has practical methodologies aimed at handling financial management responsibilities according to the established accounting standards. These customised systems are designed for small and medium-sized businesses, they are often easy to operate, and the cost of their acquisition and implementation ought to be inexpensive.

Market Segmentation

Europe Audit Software Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Component:

  • Solution
  • Service

Market Breakup by Deployment Mode:

  • On-Premises
  • Cloud

Market Breakup by Organisation Size:

  • Large Enterprises
  • Small and Medium Enterprises

Market Breakup by Industry Vertical:

  • BFSI
  • Manufacturing
  • Healthcare
  • Retail and E-Commerce 
  • IT and Telecommunication 
  • Others

Market Breakup by Region:

  • Germany
  • United Kingdom
  • France
  • Italy
  • Others

Competitive Landscape

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.

  • SAP SE
  • Netwrix Corporation
  • Wolters Kluwer N.V.
  • Diligent Corporation
  • Workiva Inc.
  • Innolytics AG
  • Ideagen plc
  • Intelex Technologies ULC
  • MetricStream, Inc.
  • MasterControl Solutions, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at USD 320.70 Million in 2024.

The market is projected to grow at a CAGR of 8.98% between 2025 and 2034.

The revenue generated from the audit software market is expected to reach USD 757.82 Million in 2034.

The market is categorised according to the component, which includes solutions and services.

The market key players are SAP SE, Netwrix Corporation, Wolters Kluwer N.V., Diligent Corporation, Workiva Inc., Innolytics AG, Ideagen plc, Intelex Technologies ULC, MetricStream, Inc., and MasterControl Solutions, Inc. among others.

Based on the end use, the market is bifurcated into on-premises and cloud.

The market is broken down into Germany, the United Kingdom, France, and Italy among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Deployment Mode
  • Organisation Size
  • Industry Vertical
  • Region
Breakup by Component
  • Solution
  • Service
Breakup by Deployment Mode
  • On-Premises
  • Cloud
Breakup by Organisation Size
  • Large Enterprises
  • Small and Medium Enterprises
Breakup by Industry Vertical
  • BFSI
  • Manufacturing
  • Healthcare
  • Retail and E-Commerce
  • IT and Telecommunication
  • Others
Breakup by Region
  • Germany
  • United Kingdom
  • France
  • Italy
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • SAP SE
  • Netwrix Corporation
  • Wolters Kluwer N.V.
  • Diligent Corporation
  • Workiva Inc.
  • Innolytics AG
  • Ideagen plc
  • Intelex Technologies ULC
  • MetricStream, Inc.
  • MasterControl Solutions, Inc.
  • Others

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