$16.9 Billion Worldwide Tax Management Industry to 2027 - Impact of COVID-19 on the Market
Dublin, May 19, 2021 (GLOBE NEWSWIRE) -- The "Tax Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Tax Management estimated at US$16.9 Billion in the year 2020, is projected to reach a revised size of US$33.5 Billion by 2027, growing at a CAGR of 10.3% over the period 2020-2027
. Software, one of the segments analyzed in the report, is projected to record 9.6% CAGR and reach US$18.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 11.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 13.7% CAGR
The Tax Management market in the U.S. is estimated at US$4.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2027 trailing a CAGR of 13.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 8.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.
Select Competitors (Total 35 Featured):
ADP
Avalara
Blucora
Canopy Tax
DAVO Technologies
Defmacro Software
Drake Software
H&R Block
Intuit
Sailotech
SAP
Sovos
Taxback International
TaxCloud
TaxJar
TaxSlayer
Thomson Reuters
Vertex
Wolters Kluwer
Xero
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/7kn7ey
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