Middle East & Africa Tax Management Software Market Size & Outlook
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MEA tax management software market highlights
- The MEA tax management software market generated a revenue of USD 2,275.3 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Professional Services (training & education, consulting & implementation, support services) is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,275.3 million |
| Market revenue in 2030 | USD 3,937.4 million |
| Growth rate | 8.1% (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) |
| Key market players worldwide | Wolters Kluwer NV, SAP SE, Thomson Reuters Corp, Intuit Inc, Corvee, HRB & Associates, TaxJar, Vertex, TaxSlayer |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.3% of the global tax management software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,600.6 million by 2030.
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Tax Management Software Market Scope
Tax Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TaxSlayer | View profile | 101-250 | Georgia, Louisiana, United States, North America | https://www.taxslayer.com/ |
| Vertex | View profile | 1001-5000 | King Of Prussia, Pennsylvania, United States, North America | https://www.vertexinc.com |
| TaxJar | View profile | 51-100 | Boston, Massachusetts, United States, North America | http://www.taxjar.com |
| HRB & Associates | View profile | - | Winters, California, United States, North America | https://hrbai.com/ |
| Corvee | View profile | 51-100 | Lauderdale, Mississippi, United States, North America | https://corvee.com/ |
| Thomson Reuters Corp | View profile | 25600 | 19 Duncan Street, Suite 300, Toronto, ON, Canada, M5H 3H1 | https://www.thomsonreuters.com |
| Intuit Inc | View profile | 18200 | 2700 Coast Avenue, Mountain View, CA, United States, 94043 | https://www.intuit.com |
| Wolters Kluwer NV | View profile | 21400 | Zuidpoolsingel 2, P.O. Box 1030, Alphen aan den Rijn, ZH, Netherlands, 2400 | https://www.wolterskluwer.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
Middle East & Africa 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 71.84% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
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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 continent-level data and insights on the Middle East & Africa tax management software market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa tax management software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA tax management software market report size, by country, 2017-2030 (US$M)
Middle East & Africa Tax Management Software Market Share, 2023 & 2030 (US$M)
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