Tax Software Market Share

  • Report ID: 4686
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT
  1. Market Definition and Research Methodology
    1. Market Definition
    2. Research Objective
    3. Research Methodology
  2. Executive Summary
  3. Market Dynamics
    1. Drivers
    2. Restraint
    3. Trends
    4. Opportunities
  4. Regulatory & Standards Landscape
  5. Industry Value Chain Analysis
  6. Impact of COVID-19 on the Global Tax Software Market
  7. Competitive Landscape
    1. Market Share Analysis, 2021
    2. Competitive Benchmarking
    3. SAP SE
      1.   Detailed Overview
      2.   Assessment of Key Offering
      3.   Analysis of Growth Strategies
      4.   Exhaustive Analysis on Key Financial Indicators
      5.   Recent Developments
    4. Drake Software
    5. Avalara, Inc
    6. Wolters Kluwer N.V.
    7. Intuit Inc
    8. ADP, Inc
    9. Thomson Reuters
    10. Vertex, Inc
    11. Sovos Compliance, LLC
    12. HRB Digital LLC
    13. Other major players
  8. Global Tax Software Market Outlook
    1. Market Overview
    2. By Value (USD million)
    3. Global Tax Software Segmentation Analysis (2023-2036)
      1. By Component
        1. Software, 2023-2036F (USD million)
        2. Services, 2023-2036F (USD million)
      2. By Deployment
        1. Cloud, 2023-2036F (USD million)
        2. On-premises, 2023-2036F (USD million)
      3. By Tax Type
        1. Direct Tax, 2023-2036F (USD million)
        2. Indirect Tax, 2023-2036F (USD million)
      4. By End User
        1. Individuals, 2023-2036F (USD million)
        2. Commercial Enterprises, 2023-2036F (USD million)
      5. By Industry Vertical
        1. Banking, Financial Services & Insurance, 2023-2036F (USD million)
        2. Telecom & IT, 2023-2036F (USD million)
        3. Manufacturing, 2023-2036F (USD million)
        4. Retail, 2023-2036F (USD million)
        5. Others, 2023-2036F (USD million)
      6. By Region
        1. North America, 2023-2036F (USD million)
        2. Europe, 2023-2036F (USD million)
        3. Asia Pacific, 2023-2036F (USD million)
        4. Latin America, 2023-2036F (USD million)
        5. Middle East and Africa, 2023-2036F (USD million)
  9. North America Tax Software Market Outlook
    1. Market Overview
    2. By Value (USD million)
    3. North America Tax Software Segmentation Analysis (2023-2036)
      1. By Component
        1. Software, 2023-2036F (USD million)
        2. Services, 2023-2036F (USD million)
      2. By Deployment
        1. Cloud, 2023-2036F (USD million)
        2. On-premises, 2023-2036F (USD million)
      3. By Tax Type
        1. Direct Tax, 2023-2036F (USD million)
        2. Indirect Tax, 2023-2036F (USD million)
      4. By End User
        1. Individuals, 2023-2036F (USD million)
        2. Commercial Enterprises, 2023-2036F (USD million)
      5. By Industry Vertical
        1. Banking, Financial Services & Insurance, 2023-2036F (USD million)
        2. Telecom & IT, 2023-2036F (USD million)
        3. Manufacturing, 2023-2036F (USD million)
        4. Retail, 2023-2036F (USD million)
        5. Others, 2023-2036F (USD million)
      6. By Country
        1. US, 2023-2036F (USD million)
        2. Canada, 2023-2036F (USD million)
  10. Europe Tax Software Market Outlook
    1. Market Overview
    2. By value (USD million)
    3. Europe Tax Software Segmentation Analysis (2023-2036)
      1. By Component
      2. By Deployment
      3. By Tax Type
      4. By End User
      5. By Industry Vertical
      6. By Country
        1. UK, 2023-2036F (USD million)
        2. Germany, 2023-2036F (USD million)
        3. France, 2023-2036F (USD million)
        4. Italy, 2023-2036F (USD million)
        5. Rest of Europe, 2023-2036F (USD million)
  11. Asia Pacific Tax Software Market Outlook
    1. Market Overview
    2. By Value (USD million)
    3. Asia Pacific Tax Software Segmentation Analysis (2023-2036)
      1. By Component
      2. By Deployment
      3. By Tax Type
      4. By End User
      5. By Industry Vertical
      6. By Country
        1. China, 2023-2036F (USD million)
        2. India, 2023-2036F (USD million)
        3. Japan, 2023-2036F (USD million)
        4. South Korea, 2023-2036F (USD million)
        5. Australia, 2023-2036F (USD million)
        6. Rest of Asia Pacific, 2023-2036F (USD million)
  12. Latin America Tax Software Market Outlook
    1. Market Overview
    2. By value (USD million)
    3. Latin America Tax Software Segmentation Analysis (2023-2036)
      1. By Component
      2. By Deployment
      3. By Tax Type
      4. By End User
      5. By Industry Vertical
      6. By Country
        1. Brazil, 2023-2036F (USD million)
        2. Mexico, 2023-2036F (USD million)
        3. Argentina, 2023-2036F (USD million)
        4. Rest of Latin America, 2023-2036F (USD million)
  13. Middle East and Africa Tax Software Market Outlook
    1. Market Overview
    2. By value (USD million)
    3. Middle East and Africa Tax Software Segmentation Analysis (2023-2036)
      1. By Component
      2. By Deployment
      3. By Tax Type
      4. By End User
      5. By Industry Vertical
      6. By Country
        1. GCC, 2023-2036F (USD million)
        2. Israel, 2023-2036F (USD million)
        3. South Africa, 2023-2036F (USD million)
        4. Rest of Middle East and Africa, 2023-2036F (USD million)

 


Tax Software Market Share

North American Market Forecast

The North America tax software market is poised to dominate 33% revenue share by 2037. The growth of the market in this region can be attributed growing penetration of smartphones, and surge in number of internet user. There were about 414 million internet users in North America. In 2026, this number is anticipated to reach approximately 445 million internet users. Owing to rise in the internet user the demand for tax software is expected to grow as using internet provide them to avail benefit of advanced technology. However, the market in Asia Pacific region is estimated to grow with a highest CAGR of 11.9% over the forecast period.

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Author Credits:  Abhishek Verma


  • Report ID: 4686
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of tax software is assessed at USD 22.42 billion.

The tax software market size was over USD 20.62 billion in 2024 and is poised to reach USD 79.09 billion by the end of 2037, growing at around 10.8% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing penetration of smartphones, significant penetration of internet, growing adoption of digital tools, and others.

North America industry is expected to dominate 33% revenue share by 2037, due to growing penetration of smartphones, and surge in number of internet user in the region.

The major players in the market include SAP SE, Drake Software, Avalara Inc., Wolters Kluwer N.V., Intuit Inc., ADP, Inc., Thomson Reuters, Vertex, Inc., Sovos Compliance LLC, HRB Digital LLC.
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