7 Quickbooks Statistics: A Must-Know in 2024
QuickBooks is one of the top accounting tools used by millions of businesses. It’s especially popular with small and medium-sized companies to help manage their finances.
With that in mind, we will look at some key QuickBooks statistics, such as market share and who uses it.
QuickBooks Statistics: Key Numbers
- Quickbooks has 66.58% of the market share, a significantly higher number than Sage 50 (10.30%), and Xero (8.90%).
- Quickbooks has about 29 million businesses int he US.
- QuickBooks Online has 5.3 million users worldwide.
- 80% of QuickBooks customers are in United States, and 5% are in Canada.
- The majority (62%) of QuickBooks users are small companies (<50 employees), while 7% are large companies (>1000 employees), and 31% are medium-sized companies .
- Most QuickBooks users (83%) are small companies (<$50M), 0% are large companies (>$1000M), and 6% are medium-sized companies.
Source: (InfoClutch)
How Many Companies Use Quickbooks
With approximately 80% of the market share, there are about 26.56 million businesses that use Quickbooks in the US according to data we analyzed from SBA and InfoClutch.
Quickbooks Market Share
Company Name | Market Share |
QuickBooks | 62.23% |
ADP | 14.30% |
Sage 50 | 10.30% |
Xero | 8.90% |
QuickBooks Online | 4.35% |
Source: (InfoClutch)
Top Industries that use QuickBooks
QuickBooks is widely used in a variety of industries, including construction and marketing, to help businesses manage their finances. Here’s a look at the top industries using QuickBooks, according to Enlyft:
- Construction: 17.22%
- Accounting: 13.40%
- Information Technology and Services: 12.50%
- Computer Software: 9.71%
- Hospital & Health Care: 8.97%
- Nonprofit Organization Management: 8.66%
- Financial Services: 7.86%
- Retail: 7.74%
- Real Estate: 7.73%
- Marketing and Advertising: 6.22%
Source: (Enlyft)
Top Countries that use QuickBooks
QuickBooks is very popular all over the world, with some countries using it a lot more than others. Here’s a breakdown of the top countries using QuickBooks:
- United States: 86.49%
- Canada: 5.47%
- United Kingdom: 3.83%
- Australia: 1.22%
- India: 0.99%
- France: 0.73%
- Germany: 0.38%
- United Arab Emirates: 0.37%
- Netherlands: 0.27%
- South Africa: 0.25%
Source: (Enlyft)
QuickBooks Users Based Company Employees Size
QuickBooks is a option among all the businesses, but particularly small and medium-sized ones. Here’s the breakdown of how different-sized businesses are using it:
- 1-10 employees: 24.27%
- 10-50 employees: 38.97%
- 50-200 employees: 21.22%
- 200-500 employees: 6.41%
- 500-1000 employees: 3.22%
- 1000-5000 employees: 3.58%
- 5000-10000 employees: 0.91%
- >10000 employees: 1.43%
Source: (Enlyft)
QuickBooks Users Based Company Revenue
Here’s a quick look at how companies of different revenue levels are using QuickBooks, based on data from Enlyft:
- 0M-1M: 17.54%
- 1M-10M: 46.82%
- 10M-50M: 20.94%
- 50M-100M: 5.44%
- 100M-200M: 2.88%
- 200M-1000M: 3.81%
- >1000M: 2.58%
Source: (Enlyft)