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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