Global Tax Management Software Market Size & Outlook
Global tax management software market, 2017-2030 (US$M)
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Global tax management software market highlights
- The global tax management software market generated a revenue of USD 20,213.1 million in 2023 and is expected to reach USD 39,709.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.1% by 2030.
- In terms of segment, software accounted for a revenue of USD 14,534.4 million in 2023.
- Professional Services (training & education, consulting & implementation, support services) is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 20,213.1 million |
| Market revenue in 2030 | USD 39,709.7 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Professional Services (training & education, consulting & implementation, support services) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Professional Services (training & education, consulting & implementation, support services) |
Other key industry trends
- In terms of revenue, the North America accounted for 27.2% of the global tax management software market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 842.4 million by 2030.
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Tax Management Software Market Scope
Tax Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tax management software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tax management software market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 71.91% in 2023. Horizon Databook has segmented the Global tax management software market based on software, professional services (training & education, consulting & implementation, support services) covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Tax Management Software Component Outlook (Revenue, USD Million, 2017-2030)
- Software
- Corporate Tax Software
- Professional Tax Software
- Tax Preparer Software
- Tax Compliance Software
- Others (Sales Tax Software, Calculations,Tax Research Software, Planning)
- Professional Services (training & education, consulting & implementation, support services)
- Software
- Global Tax Management Software Tax Type Outlook (Revenue, USD Million, 2017-2030)
- Indirect Tax
- Direct Tax
- Global Tax Management Software Deployment Outlook (Revenue, USD Million, 2017-2030)
- Cloud
- On-premise
- Global Tax Management Software End-user Outlook (Revenue, USD Million, 2017-2030)
- Large Enterprises
- Small & Medium Enterprises
- Global Tax Management Software Industry Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- Healthcare
- Retail
- Manufacturing
- Real Estate
- Others (Government, Media & Entertainment, Education, Energy)
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Our clientele includes a mix of tax management software market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tax management software market, including forecasts for subscribers. This global databook contains high-level insights into Global tax management software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global tax management software market report size, by regions, 2017-2030 (US$M)
Top 10 countries: Tax management software market report size, 2023 (US$M)
Global tax management software market report share, by component, 2023 & 2030 (%, US$M)
Tax management software market: Opportunity assessment by country
Global tax management software market, by region, 2023 (US$M)
| Component | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,839.2 | 4,006.1 | 4,202.2 | 4,438.0 | 4,731.9 | 5,080.3 | 5,497.2 | 5,986.9 | 6,553.9 | 7,218.6 | 7,988.4 | 8,876.3 | 9,892.3 | 11,051.5 | 10.5% |
| Europe | 3,374.5 | 3,507.8 | 3,665.5 | 3,856.5 | 4,096.3 | 4,381.2 | 4,722.8 | 5,124.0 | 5,588.0 | 6,131.4 | 6,759.6 | 7,482.5 | 8,307.4 | 9,245.6 | 10.1% |
| Asia Pacific | 3,133.7 | 3,285.8 | 3,463.2 | 3,675.3 | 3,937.6 | 4,248.0 | 4,618.6 | 5,054.1 | 5,559.2 | 6,152.3 | 6,841.0 | 7,637.8 | 8,552.7 | 9,600.6 | 11.0% |
| Latin America | 2,276.3 | 2,355.4 | 2,450.1 | 2,565.9 | 2,713.0 | 2,888.4 | 3,099.2 | 3,347.1 | 3,633.4 | 3,968.4 | 4,354.8 | 4,798.3 | 5,302.8 | 5,874.5 | 9.6% |
| MEA | 1,775.7 | 1,820.7 | 1,875.9 | 1,945.2 | 2,035.6 | 2,144.0 | 2,275.4 | 2,429.3 | 2,605.8 | 2,810.9 | 3,044.9 | 3,310.0 | 3,606.8 | 3,937.4 | 8.2% |
| Overall | 14,399.3 | 14,975.8 | 15,656.9 | 16,480.9 | 17,514.3 | 18,741.9 | 20,213.2 | 21,941.3 | 23,940.2 | 26,281.6 | 28,988.6 | 32,104.8 | 35,662.1 | 39,709.6 | 10.1% |
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