Tax Management Market 2022: Global Industry Analysis Report to 2028

The global tax management market is anticipated to grow at a considerable CAGR of around 11.8% during the forecast period (2022-2028). The global tax management market is expected to grow during the forecast period due to the enhancing number of financial transactions across verticals due to digitalization. Digitalization is affecting every vertical, and each business process is growing rapidly. Due to digitalization, financial transactions are moving from cash to cashless. The major reason for increasing digitalization includes the increase in the number of smartphones and internet users. Several governments over the globe are encouraging digitalization which indirectly fuels the global tax management market. 

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Furthermore, many companies are launching tax management software to stand in the competitive market. For instance, in September 2021, ADP launched ‘Run by ADP’ which encourage small businesses' growth. This payroll platform provides user-friendliness with interactive search opportunities, a streamlined utilization interface, and a customized dashboard, thereby saving time and effort for small businesses altogether. The company also launched the ‘Roll by ADP’ mobile application, which restores static spreadsheets with conversational chat support.

Market Coverage

                 The market number available for – 2021-2028

                 Base year- 2020

                 Forecast period- 2021-2027

Segment Covered- 

·                  By Tax Type

·                  By Deployment Mode

·                  By Organization Size

·                  By Verticals

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

Competitive Landscape- including HYUNDAI Steel, Nippon Steel Corp., SAIL (Steel Authority of India), Tata Steel, United States Steel, JSW, SMS Group GmbH, and others.

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Global Tax Management Market Report Segment

By Tax Type

             Direct

             Indirect

By Deployment Mode

             Cloud

             On-Premises

By Organization Size

             Large Enterprises

             Small & Medium-Sized Enterprises

By Vertical

             BFSI

             Manufacturing

             IT & Telecom

             Retail & E-Commerce

             Energy & Utility

             Healthcare

             Media & Entertainment

Global Tax Management Market Report Segment by Region

 

Regional Analysis

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        ADP, Inc.

·        Avalara, Inc.

·        Blucora, Inc.

·        Canopy Tax, Inc.

·        cPaperless, LLC

·        DAVO Technologies LLC

·        Drake Enterprises, Inc.

·        EXEMPTAX

·        HRB Digital LLC

·        Intuit Inc.

·        Lovat Compliance LTD.

·        Sailotech.

·        Taxback International

·        TaxCloud

·        TaxJar

·        TaxSlayer LLC

·        Thomson Reuters Holdings Inc.

·        Vertex, Inc.

·        Webgility

·        Wolters Kluwer N.V.

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