세계의 세무 관리 시장 규모, 점유율, 성장 분석 : 구성요소별, 세금 유형별, 세금 유형별, 배포 모드별, 조직 규모별, 산업별, 지역별 - 산업 예측(2024-2031년)

Global Tax Management Market size was valued at USD 21.00 billion in 2022 and is poised to grow from USD 23.27 billion in 2023 to USD 52.85 billion by 2031, growing at a CAGR of 10.8% in the forecast period (2024-2031).

The Tax Management Market is set to experience significant growth due to the increasing digitalization of financial transactions, driven by the rise in smartphone and internet usage. Governments worldwide, including India's "Digital India" initiative, are promoting cashless transactions and digital compliance, enhancing adherence to tax regulations. This shift invites opportunities for innovative solutions, particularly in tax management software, which is essential for managing an expanding volume of financial data. The adoption of blockchain technology across various sectors further supports this evolution, providing enhanced accuracy, security, and transparency. As businesses prioritize automated tax compliance, the demand for sophisticated platforms for audit management, tax returns, and payments is growing, paving the way for major vendors to broaden their offerings in this dynamic landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Tax Management market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Tax Management Market Segmental Analysis

North America is expected to continue to account for higher revenue share among other regional markets during the forecast period. Software developers and major vendors have incredible opportunities to invest in the tax management software market due to the region's tax system's complexity and differences in employment and tax law. In order to streamline the tax system, regional software vendors have begun collaborating with third-party developers to create API-based software. As a result, in order to keep up with the market and grow at an exponential rate, companies in North America are embracing cutting-edge technologies and channels. The tax environment and the adoption of this market in the region are profoundly affected by this.

Driver of the Global Tax Management Market

The Global Tax Management market is driven by an increasing demand for platforms that facilitate seamless international business transactions across various trading zones and channels. As globalization and the prevalence of electronic businesses continue to rise, corporate tax and IT departments are actively seeking partners to address specific client requirements amidst the ongoing digitization trend. Tax management software plays a crucial role in assisting businesses with the complexities of evolving tax laws and compliance regulations, allowing them to generate accurate reports and adhere to tax filing deadlines with reduced manual effort. This software also addresses the challenges posed by the dynamic nature of tax systems, improving the efficiency of data collection, processing, and evaluation, which are often difficult to derive from conventional financial reports.

Restraints in the Global Tax Management Market

The Global Tax Management market faces several constraints primarily stemming from the vulnerabilities associated with electronic communication methods. Sensitive information used in tax administration is often at risk due to data breaches, identity theft, and various cyberattack platforms. With crucial data frequently stored in the cloud and external databases, cybercriminals can exploit these weaknesses, leading to the theft of valuable company information and the submission of fraudulent tax returns. Additionally, tax professionals, who possess sensitive client details such as names, addresses, and financial information, are prime targets for these cyber threats. The potential impact of human error in data breaches further complicates this issue, underscoring the need for enhanced education on risk mitigation among the public and a balanced approach to digital communication by policymakers. This combination of factors may impede the growth of the tax management sector during the forecast period.

Market Trends of the Global Tax Management Market

The Global Tax Management market is experiencing a significant transformation as tax authorities worldwide increasingly adopt digital solutions to enhance efficiency and transparency. The shift toward real-time reporting and tailored services marks a pivotal trend, with many regulators implementing modern tax legislation like Standard Audit File for Tax (SAF-T) to streamline compliance. Advanced technologies, particularly Machine Learning (ML) and Artificial Intelligence (AI), are replacing traditional spreadsheet methods, facilitating faster tax preparation and reducing manual input. As authorities embrace digital strategies and advanced analytics, the demand for innovative tax management software is soaring, driving market growth in this consumer-centric landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Customer & Buying Criteria Analysis
• Trade Analysis
• Startup Analysis
• Raw Material Analysis

Global Tax Management Market Size by Component & CAGR (2024-2031)

• Market Overview
• Software
• Services

Global Tax Management Market Size by Tax Type & CAGR (2024-2031)

• Market Overview
• Indirect Tax
• Direct Tax

Global Tax Management Market Size by Deployment mode & CAGR (2024-2031)

• Market Overview
• Cloud
• On-premises

Global Tax Management Market Size by Organization size & CAGR (2024-2031)

• Market Overview
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises

Global Tax Management Market Size by Industry Vertical & CAGR (2024-2031)

• Market Overview
• Banking, Financial Services, and Insurance (BFSI)
• Information Technology (IT) and Telecom
• Manufacturing
• Energy and Utilities
• Retail
• Healthcare and Life Sciences
• Media and Entertainment
• Others
  • Real Estate & Construction
  • Transportation & Logistics

Global Tax Management Market Size & CAGR (2024-2031)

• North America, (Component, Tax Type, Deployment mode, Organization size, Industry Vertical)
  • US
  • Canada
• Europe, (Component, Tax Type, Deployment mode, Organization size, Industry Vertical)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Component, Tax Type, Deployment mode, Organization size, Industry Vertical)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Component, Tax Type, Deployment mode, Organization size, Industry Vertical)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Component, Tax Type, Deployment mode, Organization size, Industry Vertical)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Intuit
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• H&R Block
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wolters Kluwer
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thomson Reuters
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SAP
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Avalara
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vertex Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sovos Compliance
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Automatic Data Processing Inc. (ADP)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Avantax Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Meru Accounting
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Whiz Consulting Private Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IMC Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Savage & Palmer
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shoolin Consultancy
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nimblefincorp
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valuenode
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Invensis Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Setindiabiz
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BBNC.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation