Quick Summary:
In the rapidly evolving Tax Management market, staying ahead of industry trends and competitive shifts is crucial for senior business executives. Our detailed market research report provides substantive data, valuable insights, and an in-depth analysis of this booming market, which is projected to reach an impressive US$55.2 Billion by 2030. It's an invaluable tool that offers critical understanding for successful decision-making and strategic planning.
The report doesn't only focus on the broad picture but also provides granular insights into individual segments. For instance, it highlights how the Software segment is expected to record an 8.8% CAGR, reaching US$38.3 Billion by the end of the analysis period. Additionally, this report offers a deep dive into different geographical markets and competitive landscapes, leading to a comprehensive understanding of global trends. Purchasing this report equips you with the knowledge and data necessary to navigate and capitalize on the burgeoning Tax Management market.
Global Tax Management Market to Reach $55.2 Billion by 2030
The global market for Tax Management estimated at US$27 Billion in the year 2022, is projected to reach a revised size of US$55.2 Billion by 2030, growing at a CAGR of 9.3% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$38.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 10.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 13.9% CAGR
The Tax Management market in the U.S. is estimated at US$7.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.9 Billion by the year 2030 trailing a CAGR of 13.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.Select Competitors (Total 33 Featured) -
- ADP
- Avalara
- Blucora
- Canopy Tax
- DAVO Technologies
- Defmacro Software
- Drake Software
- H&R Block
- Intuit
- Sailotech
- SAP
- Sovos
- Taxback International
- TaxCloud
- TaxJar
- TaxSlayer
- Thomson Reuters
- Vertex
- Wolters Kluwer
- Xero
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Tax Management?
What is the growth rate of the Global Market for Tax Management?
What is the forecasted size of the Global Market for Tax Management?
Who are the key companies in the Global Market for Tax Management?
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 27 Billion |
| Forecasted Market Value ( USD | $ 55.2 Billion |
| Compound Annual Growth Rate | 9.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ADP
- Avalara
- Blucora
- Canopy Tax
- DAVO Technologies
- Defmacro Software
- Drake Software
- H&R Block
- Intuit
- Sailotech
- SAP
- Sovos
- Taxback International
- TaxCloud
- TaxJar
- TaxSlayer
- Thomson Reuters
- Vertex
- Wolters Kluwer
- Xero
