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The global cloud accounting software market is expected to see strong growth in the next few years, reaching $7.09 billion in 2028 at a CAGR of 9.7%. Major trends in the market include integration with emerging technologies, mobile-first design, real-time collaboration tools, and AI-driven automation. Top companies in the market include Microsoft, IBM, Oracle, SAP, Intuit, and Workday. The growth can be attributed to factors such as collaborative ecosystems, environmental sustainability initiatives, regulatory compliance updates, and cybersecurity enhancements.