審計軟體印度市場評估：依組件、組織規模、部署、產業、地區、機會、預測（2018年度-2032年度）

印度審計軟體市場規模預計將從2024年度的8,841萬美元增至2032年度的2.5362億美元，在2025年度至2032年度的預測期內年複合成長率為 14.08%。由於嚴格的監管要求、技術進步和數位轉型，市場不斷成長。在印度，不斷提高的監管標準（例如《2013年公司法》和商品及服務稅（GST））要求公司保持更準確和透明的財務記錄。審核軟體可以透過自動執行合規性檢查和處理法定聲明來幫助確保滿足所需的合規性。此外，該國特定的IT 法案2000 要求明確的資料保護措施，因此透過審核軟體監控資料存取和安全協議是否符合特定的網路安全要求。

人工智慧、機器學習和基於雲端的解決方案等技術領域的進步透過簡化資料分析的效率和準確性、自動化任務以及即時存取資料的能力來提高審計品質。需要大量前期投資來簡化審計流程的中小型企業的理想選擇。

但是，採用此類軟體的最大驅動力之一是人們越來越意識到與審計軟體相關的好處，例如增強法規遵循和降低詐欺風險。針對金融、醫療保健和製造等特定行業的軟體也不斷增加。此外，印度經濟的成長以及透過 "數位印度" 等計畫進行的數位轉型推動公司適應更複雜的審計軟體，以實現競爭和合規。

例如，2023年 10月，總部位於欽奈的審計/風險 SaaS（軟體即服務）新創公司 AuditCue 在 Kalaari Capital 領投的種子輪融資中籌集了 150萬美元。其他投資者包括 Java Capital 和舊金山天使投資者。這筆資金凸顯了印度對合規性和先進技術能力日益成長的需求的推動下，對審計軟體解決方案的興趣和投資不斷成長。

本報告研究和分析了印度審計軟體市場，提供市場規模和預測、市場動態以及主要參與者的狀況。

目錄

第1章 專案範圍與定義

第2章 研究方法

第3章 執行摘要

第4章 顧客回饋

• 產品與市場訊息
• 品牌識別方法
• 購買決策時考慮的因素
  • 功能和其他加值服務
  • IT 基礎架構相容性
  • 解決方案效率
  • 售後支持
• 隱私和監管考慮

第5章 印度審計軟體市場展望（2018年度-2032年度）

• 市場規模分析與預測
  • 金額
• 市佔率分析與預測
  • 依組件
  • 依組織規模
  • 依部署
  • 依最終用戶
  • 依地區
  • 市佔率分析：依公司（價值）（前5名公司及其他 -2024年度）
• 市場地圖分析（2024年）
  • 依組件
  • 依組織規模
  • 依部署
  • 依最終用戶
  • 依地區

第6章 供需分析

第7章 價值鏈分析

第8章 波特五力分析

第9章 PESTLE分析

第10章 軟體價格分析

第11章 市場動態

• 市場驅動因素
• 市場挑戰

第12章 市場趨勢與發展

第13章 案例研究

第14章 競爭態勢

• 前5名市場領導者的競爭矩陣
• 前5名的公司的SWOT 分析
• 前10名主要企業狀況
  • International Business Machines Corporation (IBM)
  • SAP India Private Limited
  • AuditBoard Inc.
  • Ideagen Solutions Private Limited
  • Tally Solutions Pvt. Ltd.
  • Riskpro India Ventures Private Limited
  • NetSuite ERP
  • ControlCase International Private Limited
  • SAG Infotech Private Limited
  • Zoho Corporation Pvt. Ltd.

第15章 策略建議

第16章 關於本公司，免責聲明

India audit software market is projected to witness a CAGR of 14.08% during the forecast period FY2025-FY2032, growing from USD 88.41 million in FY2024 to USD 253.62 million in FY2032. The audit software market in India is growing due to stringent regulatory requirements, technological advancements, and digital transformation. With the increasing level of regulation in India, for instance, with the Companies Act of 2013 and the Goods and Services Tax (GST), firms must maintain more accurate and transparent financial records. The audit software helps automate compliance checks and handle statutory filings to ensure an understanding of adherence to the required compliance. Additionally, the country-specific IT Act of 2000 requires well-defined data protection measures and, thus, monitors data access and security protocols toward adherence to specific cybersecurity requirements through audit software.

Advancements in the field of technology, including AI, ML, and cloud-based solutions, have improved the quality of audits by streamlining efficiency and accuracy in data analysis, task automation, and the ability to access data in real-time, thus making these audits perfectly suitable for SMEs which might otherwise require significant investments upfront for their audit process streamlining.

However, one of the biggest drivers for the adoption of this kind of software is the rising awareness of the benefits that are associated with audit software, including heightened compliance with regulations and a reduced risk of fraud. Industry-specific software available for sectors such as finance, healthcare, and manufacturing are on the rise. Moreover, the growth of the Indian economy and digital transformation through programs such as Digital India is making companies adapt to more sophisticated audit software to compete and be compliant.

For instance, in October 2023, AuditCue, a Chennai-based audit and risk software-as-a-service (SaaS) startup, raised USD 1.5 million in a seed funding round led by Kalaari Capital. Other investors included Java Capital and angel investors from San Francisco. This funding highlights the growing interest and investment in audit software solutions in India, driven by the increasing need for compliance and advanced technological capabilities.

Security Regulations by the Indian Government to Drive Market Growth

Audit software plays a crucial role in Indian companies handling their compliance with various regulations, such as the Companies Act 2013, which automates compliance checks and maintains audit trails to ensure transparent financial reporting, and the IT Act of 2000, which requires electronic data protection, where software helps track access and security for monitoring access and cybersecurity occurrences. It aids in compliance with tax through GST calculation and fittings and right income declarations under the Income Tax Act of 1961. It supports RBI guidelines on accounting through proper financial reporting, helping to keep records of SEBI regulations for transparency in securities markets. On the ever-increasing stature of ESG reporting, it tracks the metric points and manages data collection to serve the best. In general, audit software improves compliance efficiency with the multitude of regulations that Indian businesses must comply with.

For instance, in April 2024, the Reserve Bank of India (RBI) imposed a monetary penalty of USD 3,600 (INR 300,000) on Ambarnath Jai Hind Co-operative Bank Limited, Ambarnath, Maharashtra Bank, for non-compliance with certain provisions of RBI directions on Maintenance of Deposit Accounts of Primary (Urban) Co-operative Banks.

Technological Advancements Transforming the Audit Software Landscape in India

The audit software market in India has seen significant growth due to technological advancements, coupled with augmenting demand for automation in auditing processes. Artificial Intelligence (AI) and Machine Learning (ML) are automation tools that bring efficiency and accuracy by streamlining routine data entry and compliance checks while analyzing large data sets to detect patterns that manual audits might miss. Cloud-based solutions offer real-time access to financial data and instantaneous reporting with continuous monitoring of compliance and performance. These solutions help reduce costs through lower operational costs as they enable easier scalability, which is a great possibility for SMEs to leverage advanced audit capabilities without high front-end investments, propelling an aggressive competitive landscape.

For instance, in 2023, according to Checkpoint, India experienced 2,138 weekly attacks per organization, marking a 15 percent increase since 2022. In Asia-Pacific, India ranks as the second most targeted country, with 2,138 weekly attacks per organization, following Taiwan, which recorded 3,050 incidents, indicating the need for extensive software.

BFSI Vertical to Dominate India Audit Software Market Share

The Banking, Financial Services, and Insurance (BFSI) sector dominates the audit software market in India due to several key factors. The sector is highly regulated, demanding strict adherence to a variety of national and international standards that trigger thorough audit software to save the organization from penalties. In addition, risk in financial institutions for fraud and cyber threats demands effective identification, assessment, and mitigation by appropriate audit software. Another important reason is the huge complexity and volume of data dealt with in the BFSI sector, thereby indicating the significance of proper data management and accurate analysis that brings clarity to financial reporting. Consequently, audit software minimizes the amount of manual effort and enhances operational efficiency during the audit process, which is highly significant for maintaining financial institutions with high levels of accuracy.

For instance, Citi Bank, one of the major BFSI firms, uses IBM's OpenPages software for auditing. In 2021, Citi embarked on a transformative journey to enhance its internal audit processes by integrating advanced technologies such as machine learning (ML), natural language processing (NLP), and artificial intelligence (AI). Citi employs OpenPages to automate and streamline its audit processes, from planning and scoping audits to detecting anomalies and generating reports.

Southern India to Dominate the Audit Software Market Share

The southern region in India dominates the share of the audit software market in the country, owing to strong economic activities and a large presence of enterprises, including small, medium-sized, and large enterprises. The region is a hub of many IT cities, such as Bangalore, Chennai, and Hyderabad, which are adopting digital technologies at a high rate, thereby increasing the demand for software for audit management.

In July 2023, US-based AMD announced that it would invest USD 400 million in India for the largest design facility in the country, in Bengaluru. It aims to establish around 3,000 new engineering jobs by the end of 2028 and contribute mainly to local job markets. Hence, Bengaluru retains the status of being the Silicon Valley of India.

Future Market Scenario (FY2025 - FY2032F)

The Companies Act of 2013 and the Information Technology (IT) Act of 2000 are fueling the demand for advanced audit software in India. This software requires an upgrade to adapt to stringent and evolving regulatory requirements.

AI and machine learning improve the efficiency and accuracy of audits through predictive analytics and auto-processing, besides scalability, flexibility, and cost-effectiveness through cloud computing in support of remote access and real-time collaboration.

India is offering digital solutions to the corporate world in audits to help improve efficiency and accuracy in operations. Electronic audit evidence poses a volume requirement on sophisticated data management abilities.

Cloud solutions inherently limit high upfront investments in hardware and infrastructure and allow SMEs easy access to advanced audit tools, thereby causing an uptick in adoption.

Key Players Landscape and Outlook

India audit software market is highly competitive and dynamic. Most of the key players develop strategic partnerships to enhance their market presence, focusing on technological advancement and consumer-centric strategies. Affordability and customization are the themes of companies catering to the diverse needs of Indian businesses, while product innovation continuously strives for user-friendly interfaces. These firms are integrating artificial intelligence, machine learning, and data analytics for audit processes to improve efficiency and compliance and, thus, position themselves better to meet the increasingly shifting demands of the market.

In September 2024, SAG Infotech Private Limited added a new feature called Import Tally to their latest version, 5.33 of Gen GST Online software. It means that users of this software can easily import data from the accounting software, Tally.

In May 2023, Ideagen Plc invested USD 3.125 million into new India and Malaysia operations as they opened new sites in Hyderabad and one in Kuala Lumpur. It already has offices across the United Kingdom, the United States, Australia, UAE, and Bulgaria.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Mode of Brand Awareness
• 4.3. Factors Considered in Purchase Decisions
  • 4.3.1. Features and Other Value-Added Service
  • 4.3.2. IT Infrastructure Compatibility
  • 4.3.3. Efficiency of Solutions
  • 4.3.4. After-Sales Support
• 4.4. Consideration of Privacy and Regulations

5. India Audit Software Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Component
    • 5.2.1.1. Solution
    • 5.2.1.2. Service
  • 5.2.2. By Organization Size
    • 5.2.2.1. SMEs
    • 5.2.2.2. Large Enterprises
  • 5.2.3. By Deployment
    • 5.2.3.1. On-Premises
    • 5.2.3.2. Cloud
  • 5.2.4. By End-user
    • 5.2.4.1. BFSI
    • 5.2.4.2. Energy and Utility
    • 5.2.4.3. Manufacturing
    • 5.2.4.4. Food and Beverage
    • 5.2.4.5. Accounting/CPA Firms
    • 5.2.4.6. Non-Profit Organizations
  • 5.2.5. By Region
    • 5.2.5.1. North
    • 5.2.5.2. South
    • 5.2.5.3. East
    • 5.2.5.4. West and Central
  • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Component
  • 5.3.2. By Organization Size
  • 5.3.3. By Deployment
  • 5.3.4. By End-user
  • 5.3.5. By Region

6. Demand Supply Analysis

7. Value Chain Analysis

8. Porter's Five Forces Analysis

9. PESTLE Analysis

10. Software Pricing Analysis

11. Market Dynamics

• 11.1. Market Drivers
• 11.2. Market Challenges

12. Market Trends and Developments

13. Case Studies

14. Competitive Landscape

• 14.1. Competition Matrix of Top 5 Market Leaders
• 14.2. SWOT Analysis for Top 5 Players
• 14.3. Key Players Landscape for Top 10 Market Players
  • 14.3.1. International Business Machines Corporation (IBM)
    • 14.3.1.1. Company Details
    • 14.3.1.2. Key Management Personnel
    • 14.3.1.3. Products and Services
    • 14.3.1.4. Financials (As Reported)
    • 14.3.1.5. Key Market Focus and Geographical Presence
    • 14.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 14.3.2. SAP India Private Limited
  • 14.3.3. AuditBoard Inc.
  • 14.3.4. Ideagen Solutions Private Limited
  • 14.3.5. Tally Solutions Pvt. Ltd.
  • 14.3.6. Riskpro India Ventures Private Limited
  • 14.3.7. NetSuite ERP
  • 14.3.8. ControlCase International Private Limited
  • 14.3.9. SAG Infotech Private Limited
  • 14.3.10. Zoho Corporation Pvt. Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

15. Strategic Recommendations

16. About Us and Disclaimer

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Audit Software Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Audit Software Market Share (%), By Component, FY2018-FY2032F
• Figure 3. India Audit Software Market Share (%), By Organization Size, FY2018-FY2032F
• Figure 4. India Audit Software Market Share (%), By Deployment, FY2018-FY2032F
• Figure 5. India Audit Software Market Share (%), By Vertical, FY2018-FY2032F
• Figure 6. India Audit Software Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By Component Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By Organization Size Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By Deployment Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. By Vertical Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 11. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024