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The global IT spending market by audit firms market at a CAGR of over 8% during the forecast periodNEW YORK, July 15, 2019 /PRNewswire/ -- IT spending by audit firms includes the entire IT expenditure on hardware, software, and services by audit firms. This IT spending market by audit firms market analysis considers sales generated by the adoption of IT services, IT software, and IT hardware. Our analysis also considers the sales of IT spending market by audit firms in APAC, Europe, North America, South America, and MEA. In 2018, the IT services segment had a significant market share, and this trend is expected to continue over the forecast period. Solutions including cloud computing services, software-defined solutions, and big data provided by IT service providers will play a significant role in the IT services segment to maintain its market position. Also, our global IT spending market by audit firms market report looks at factors such as the increasing adoption of audit management services, increased demand for cloud-based audit management software, and strategic partnerships and acquisitions. However, data security concerns, dependency on IT budget allocation of big four accounting firms, and high cost of IT implementation may hamper the growth of the IT spending market by audit firms industry over the forecast period. Read the full report: https://www.reportlinker.com/p03391398/?utm_source=PRN Global IT Spending Market by Audit Firms: Overview Several audit firms are adopting cloud-based management software as it enables faster audit issue resolution. In addition, it offers benefits such as automated audit process and reduced manual errors and paperwork. They are also integrating predictive analytics with cloud-management software to obtain more benefits. This will lead to the expansion of the global IT spending market by audit firms market at a CAGR of over 8% during the forecast period. AI-based audit management Also, the IT spending market by audit firms market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities. View original content:http://www.prnewswire.com/news-releases/the-global-it-spending-market-by-audit-firms-market-at-a-cagr-of-over-8-during-the-forecast-period-300885074.html SOURCE Reportlinker |