We have data on 22,654 companies that use Xero. The companies using Xero are most often found in United Kingdom and in the Accounting industry. Xero is most often used by companies with 10-50 employees and 1M-10M dollars in revenue. Our data for Xero usage goes back as far as 7 years.
|Company||The Morning Bulletin|
|Company||HTS Inc. Consultants|
|The Morning Bulletin||themorningbulletin.com.au||Australia||1M-10M||1-10|
|HTS Inc. Consultants||htshouston.com||United States||10M-50M||500-1000|
We use the best indexing techniques combined with advanced data science to monitor the market share of over 15,000 technology products, including Accounting. By scanning billions of public documents, we are able to collect deep insights on every company, with over 100 data fields per company at an average. In the Accounting category, Xero has a market share of about 4.8%. Other major and competing products in this category include:
Xero is a New Zealand-based software company that develops cloud-based accounting software for small and medium-sized businesses. Its products are based on the software as a service (SaaS) model and sold by subscription, based on the type and number of company entities managed by the subscriber.
Looking at Xero customers by industry, we find that Accounting (13%), Information Technology and Services (9%) and Computer Software (6%) are the largest segments.
34% of Xero customers are in United Kingdom, 22% are in United States and 19% are in Australia.
Of all the customers that are using Xero, a majority (59%) are small (<50 employees), 8% are large (>1000 employees) and 32% are medium-sized.
Of all the customers that are using Xero, a majority (81%) are small (<$50M), 0% are large (>$1000M) and 6% are medium-sized.