Table of Content

1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.2.1 INCLUSIONS AND EXCLUSIONS 39
1.3 MARKET SCOPE 39
1.3.1 MARKET SEGMENTATION 40
1.3.2 REGIONS COVERED 40
1.3.3 YEARS CONSIDERED 41
1.4 CURRENCY CONSIDERED 41
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2017–2021 41
1.5 STAKEHOLDERS 41
1.6 SUMMARY OF CHANGES 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
FIGURE 1 GLOBAL TAX MANAGEMENT MARKET: RESEARCH DESIGN 43
2.1.1 SECONDARY DATA 44
2.1.2 PRIMARY DATA 44
2.1.2.1 Breakup of primary profiles 45
FIGURE 2 BREAK-UP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 45
2.1.2.2 Key industry insights 45
2.2 DATA TRIANGULATION 46
2.3 MARKET SIZE ESTIMATION 47
FIGURE 3 TAX MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 47
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (TOP-DOWN), REVENUE FROM TAX MANAGEMENT SOFTWARE AND SERVICES 48
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY SIDE), COLLECTIVE REVENUE OF TAX MANAGEMENT VENDORS 49
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: CAGR PROJECTIONS FROM SUPPLY SIDE 50
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (BOTTOM-UP), REVENUE GENERATED BY TAX MANAGEMENT VENDORS FROM EACH COMPONENT 51
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND SIDE), REGIONAL LEVEL 51
2.4 MARKET FORECAST 52
TABLE 2 FACTOR ANALYSIS 52
2.4.1 RECESSION IMPACT 53
2.4.2 VENDOR INCLUSION CRITERIA 53
2.5 RESEARCH ASSUMPTIONS 53
2.6 RESEARCH LIMITATIONS 55
FIGURE 9 RESEARCH LIMITATIONS 55
3 EXECUTIVE SUMMARY 56
FIGURE 10 TAX MANAGEMENT MARKET: GLOBAL SNAPSHOT 56
3.1 TAX MANAGEMENT MARKET: OVERVIEW OF RECESSION IMPACT 57
3.2 TAX MANAGEMENT MARKET: OVERVIEW OF SEGMENTS 58
FIGURE 11 FASTEST-GROWING SEGMENTS OF TAX MANAGEMENT MARKET 58
FIGURE 12 SOFTWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 59
FIGURE 13 INDIRECT TAX SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD 59
FIGURE 14 CLOUD SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD 60
FIGURE 15 BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 60
FIGURE 16 TAX MANAGEMENT MARKET: REGIONAL SNAPSHOT 61
4 PREMIUM INSIGHTS 62
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TAX MANAGEMENT MARKET 62
FIGURE 17 RISING DEMAND FOR ADVANCED TAX COMPLIANCE SYSTEMS TO DRIVE MARKET 62
4.2 TAX MANAGEMENT MARKET, BY COMPONENT, 2022 VS. 2027 62
FIGURE 18 SOFTWARE SEGMENT TO HOLD LARGER MARKET SHARE 62
4.3 TAX MANAGEMENT MARKET, BY TAX TYPE, 2022 VS. 2027 63
FIGURE 19 INDIRECT TAX SEGMENT TO DOMINATE MARKET 63
4.4 TAX MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2022 VS. 2027 63
FIGURE 20 CLOUD SEGMENT TO HOLD LARGER MARKET SHARE 63
4.5 TAX MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2022 VS. 2027 64
FIGURE 21 LARGE ENTERPRISES SEGMENT TO HOLD LARGER MARKET SHARE 64
4.6 TAX MANAGEMENT MARKET, BY VERTICAL, 2022 VS. 2027 64
FIGURE 22 BFSI VERTICAL TO HOLD LARGEST MARKET SHARE 64
4.7 TAX MANAGEMENT MARKET, BY REGION, 2022 VS. 2027 65
FIGURE 23 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 65
FIGURE 24 TAX MANAGEMENT MARKET IN INDIA TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 65
5 MARKET OVERVIEW AND INDUSTRY TRENDS 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN TAX MANAGEMENT MARKET 66
5.2.1 DRIVERS 67
5.2.1.1 Increasing volume of financial transactions across verticals due to digitalization 67
5.2.1.2 Complex nature of tax systems 67
5.2.1.3 Vigilance by tax administrators 67
5.2.1.4 Automated compliance lowering burden of tax management 68
5.2.2 RESTRAINTS 68
5.2.2.1 Increasing theft of confidential data 68
5.2.2.2 Limitations in VAT design and administration 68
5.2.3 OPPORTUNITIES 69
5.2.3.1 Use of blockchain technology 69
5.2.3.2 Indirect tax management and compliance 69
5.2.4 CHALLENGES 69
5.2.4.1 Regular amendments in tax laws 69
5.2.4.2 Lack of standardized tax rules 70
5.3 CASE STUDIES 70
5.3.1 CASE STUDY 1: INTEGRATING TRANSACTION TAX PROCESSES WITH OTHER FINANCE APPLICATIONS IN DIFFERENT GEOGRAPHIC LOCATIONS 70
5.3.2 CASE STUDY 2: IMPLEMENTING AUTOMATED SALES TAX CALCULATION SOLUTION TO COMPLY WITH TAX RATES IN EACH COUNTRY 71
5.3.3 CASE STUDY 3: ADDRESSING VAT/GST CHALLENGES BY IMPLEMENTING AUTOMATIC VAT RECOVERY AND COMPLIANCE SOLUTION 71
5.3.4 CASE STUDY 4: STREAMLINING GAMING FIRM’S TAX MANAGEMENT 72
5.3.5 CASE STUDY 5: KEEPING AND MANAGING TAX RECORDS IN REAL TIME 72
5.3.6 CASE STUDY 6: STANDARDIZING COMPLIANCE FOR CHEMICAL FIRM 73
5.4 TECHNOLOGICAL ANALYSIS 73
5.4.1 ARTIFICIAL INTELLIGENCE 73
5.4.2 DATA ANALYTICS 73
5.5 PRICING ANALYSIS 74
5.5.1 SCALABLE PRICING MODEL 74
5.5.2 PAY-PER-RETURN POLICY 74
5.5.3 FREEMIUM PRICING MODEL 74
TABLE 3 PRICING ANALYSIS OF TAX MANAGEMENT VENDORS (1) 74
TABLE 4 PRICING ANALYSIS OF TAX MANAGEMENT VENDORS (2) 75
5.5.4 AVERAGE SELLING PRICE TREND 75
5.6 ECOSYSTEM ANALYSIS 75
FIGURE 26 TAX MANAGEMENT MARKET: ECOSYSTEM ANALYSIS 75
5.7 VALUE CHAIN ANALYSIS 77
FIGURE 27 TAX MANAGEMENT MARKET: VALUE CHAIN ANALYSIS 77
5.8 PATENT ANALYSIS 78
FIGURE 28 NUMBER OF PATENT DOCUMENTS PUBLISHED DURING 2012–2022 78
FIGURE 29 TOP FIVE PATENT OWNERS (GLOBAL) 79
TABLE 5 TOP 10 PATENT APPLICANTS 79
5.9 PORTER’S FIVE FORCES ANALYSIS 79
FIGURE 30 TAX MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 80
TABLE 6 IMPACT OF PORTER’S FIVE FORCES ON TAX MANAGEMENT MARKET 80
5.9.1 THREAT OF NEW ENTRANTS 80
5.9.2 THREAT OF SUBSTITUTES 81
5.9.3 BARGAINING POWER OF SUPPLIERS 81
5.9.4 BARGAINING POWER OF BUYERS 81
5.9.5 DEGREE OF COMPETITION 81
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA 82
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 82
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USES 82
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USES (%) 82
5.10.2 BUYING CRITERIA 83
FIGURE 32 KEY BUYING CRITERIA FOR TOP END USES 83
TABLE 8 KEY BUYING CRITERIA FOR TOP END USES 83
5.11 TRENDS/DISRUPTIONS IMPACTING BUYERS 84
FIGURE 33 TAX MANAGEMENT MARKET: TRENDS/DISRUPTIONS IMPACTING BUYERS 84
5.12 KEY CONFERENCES AND EVENTS IN 2022–2023 84
TABLE 9 TAX MANAGEMENT MARKET: KEY CONFERENCES AND EVENTS 84
5.13 REGULATORY LANDSCAPE 85
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 13 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
5.13.2 REGULATIONS, BY REGION 87
5.13.2.1 North America 87
5.13.2.2 Europe 88
5.13.2.3 Asia Pacific 88
5.13.2.4 Middle East and South Africa 88
5.13.2.5 Latin America 89
6 TAX MANAGEMENT MARKET, BY COMPONENT 90
6.1 INTRODUCTION 91
FIGURE 34 SERVICES SEGMENT TO GROW AT HIGHER RATE DURING FORECAST PERIOD 91
6.1.1 DRIVERS OF TAX MANAGEMENT MARKET, BY COMPONENT 91
TABLE 14 TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 92
TABLE 15 TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 92
6.2 SOFTWARE 92
6.2.1 INTEGRATION OF AUTOMATION AND AI FOR EFFECTIVE TAX MANAGEMENT TO DRIVE MARKET 92
TABLE 16 SOFTWARE: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 92
TABLE 17 SOFTWARE: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 93
6.3 SERVICES 93
6.3.1 HIGHER SPENDING ON MAINTENANCE SERVICES TO REDUCE DOWNTIME 93
TABLE 18 SERVICES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 93
TABLE 19 SERVICES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 94
7 TAX MANAGEMENT MARKET, BY TAX TYPE 95
7.1 INTRODUCTION 96
FIGURE 35 DIRECT TAX SEGMENT TO GROW AT HIGHER RATE DURING FORECAST PERIOD 96
7.1.1 DRIVERS OF TAX MANAGEMENT MARKET, BY TAX TYPE 96
TABLE 20 TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 97
TABLE 21 TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 97
7.2 INDIRECT TAX 97
7.2.1 HIGH TAX FILING FREQUENCY TO INCREASE ADOPTION OF SOFTWARE FOR INDIRECT TAX MANAGEMENT 97
TABLE 22 INDIRECT TAX: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 98
TABLE 23 INDIRECT TAX: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 98
7.3 DIRECT TAX 98
7.3.1 DEMAND FROM MULTI-NATIONAL ORGANIZATIONS TO ACCURATELY ADDRESS MULTIPLE TAX COMPLIANCES TO BOOST MARKET 98
TABLE 24 DIRECT TAX: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 99
TABLE 25 DIRECT TAX: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 99
8 TAX MANAGEMENT MARKET, BY DEPLOYMENT MODE 100
8.1 INTRODUCTION 101
FIGURE 36 CLOUD SEGMENT TO GROW AT HIGHER RATE DURING FORECAST PERIOD 101
8.1.1 DRIVERS OF TAX MANAGEMENT MARKET, BY DEPLOYMENT MODE 101
TABLE 26 TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 102
TABLE 27 TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 102
8.2 CLOUD 102
8.2.1 CLOUD-BASED PLATFORMS TO IMPROVE MOBILITY AND DECENTRALIZE DATA STORAGE AND COMPUTING 102
TABLE 28 CLOUD: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 103
TABLE 29 CLOUD: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 103
8.3 ON-PREMISES 103
8.3.1 DEMAND FROM BFSI TO STORE AND MANAGE DATA SECURELY ON-PREMISES TO FAVOR MARKET GROWTH 103
TABLE 30 ON-PREMISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 31 ON-PREMISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 104
9 TAX MANAGEMENT MARKET, BY ORGANIZATION SIZE 105
9.1 INTRODUCTION 106
FIGURE 37 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) SEGMENT TO GROW AT HIGHER RATE DURING FORECAST PERIOD 106
9.1.1 DRIVERS OF TAX MANAGEMENT MARKET, BY ORGANIZATION SIZE 106
TABLE 32 TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 107
TABLE 33 TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 107
9.2 SMALL AND MEDIUM-SIZED ENTERPRISES 107
9.2.1 VASTLY EXPANDING SME AND START-UP ECOSYSTEM TO DRIVE MARKET 107
TABLE 34 SMALL AND MEDIUM-SIZED ENTERPRISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 108
TABLE 35 SMALL AND MEDIUM-SIZED ENTERPRISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 108
9.3 LARGE ENTERPRISES 108
9.3.1 NEED TO COMPLY WITH VARIOUS MULTI-NATIONAL TAX JURISDICTIONS TO PROPEL MARKET 108
TABLE 36 LARGE ENTERPRISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 109
TABLE 37 LARGE ENTERPRISES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 109
10 TAX MANAGEMENT MARKET, BY VERTICAL 110
10.1 INTRODUCTION 111
FIGURE 38 BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) VERTICAL TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 111
10.1.1 DRIVERS OF TAX MANAGEMENT MARKET, BY VERTICAL 111
TABLE 38 TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 112
TABLE 39 TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 113
10.2 BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) 113
10.2.1 INCREASING USE OF BANKING APPLICATIONS TO DRIVE MARKET 113
TABLE 40 BANKING, FINANCIAL SERVICES AND INSURANCE: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 113
TABLE 41 BANKING, FINANCIAL SERVICES AND INSURANCE: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 114
10.3 IT & TELECOM 114
10.3.1 DIGITAL DISRUPTION FOR ENHANCING CONSUMER EXPERIENCE TO CREATE GROWTH OPPORTUNITIES 114
TABLE 42 IT & TELECOM: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 114
TABLE 43 IT & TELECOM: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 115
10.4 MANUFACTURING 115
10.4.1 GROWING MARKET REACH OF MANUFACTURERS TO INCREASE DEMAND FOR TAX MANAGEMENT SOLUTIONS 115
TABLE 44 MANUFACTURING: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 115
TABLE 45 MANUFACTURING: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 116
10.5 ENERGY & UTILITIES 116
10.5.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET IN THIS SEGMENT 116
TABLE 46 ENERGY & UTILITIES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 116
TABLE 47 ENERGY & UTILITIES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 117
10.6 RETAIL 117
10.6.1 DEMAND FOR INTELLIGENT AUTOMATED TAX MANAGEMENT SOLUTIONS TO BOOST MARKET 117
TABLE 48 RETAIL: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 117
TABLE 49 RETAIL: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 118
10.7 HEALTHCARE & LIFE SCIENCES 118
10.7.1 CONTINUOUS TAX REFORMS TO CONTRIBUTE TO MARKET GROWTH 118
TABLE 50 HEALTHCARE & LIFE SCIENCES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 118
TABLE 51 HEALTHCARE & LIFE SCIENCES: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 119
10.8 MEDIA & ENTERTAINMENT 119
10.8.1 CHANGING TAX POLICIES TO PROPEL MARKET 119
TABLE 52 MEDIA & ENTERTAINMENT: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 119
TABLE 53 MEDIA & ENTERTAINMENT: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 120
10.9 OTHER VERTICALS 120
TABLE 54 OTHER VERTICALS: TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 120
TABLE 55 OTHER VERTICALS: TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 121
11 TAX MANAGEMENT MARKET, BY REGION 122
11.1 INTRODUCTION 123
FIGURE 39 ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 123
TABLE 56 TAX MANAGEMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 123
TABLE 57 TAX MANAGEMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 124
11.2 NORTH AMERICA 124
11.2.1 NORTH AMERICA: TAX MANAGEMENT MARKET DRIVERS 124
11.2.2 NORTH AMERICA: RECESSION IMPACT 124
FIGURE 40 NORTH AMERICA: TAX MANAGEMENT MARKET SNAPSHOT 125
TABLE 58 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 126
TABLE 59 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 126
TABLE 60 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 126
TABLE 61 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 126
TABLE 62 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 127
TABLE 63 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 127
TABLE 64 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 127
TABLE 65 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 127
TABLE 66 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 128
TABLE 67 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 128
TABLE 68 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 129
TABLE 69 NORTH AMERICA: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION) 129
11.2.3 US 129
11.2.3.1 To be major contributor to regional market growth 129
TABLE 70 US: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 129
TABLE 71 US: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 130
TABLE 72 US: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 130
TABLE 73 US: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 130
TABLE 74 US: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 130
TABLE 75 US: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 131
TABLE 76 US: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 131
TABLE 77 US: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 131
11.2.4 CANADA 131
11.2.4.1 To offer lucrative growth opportunities to market players 131
TABLE 78 CANADA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 132
TABLE 79 CANADA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 132
TABLE 80 CANADA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 132
TABLE 81 CANADA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 132
TABLE 82 CANADA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 133
TABLE 83 CANADA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 133
TABLE 84 CANADA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 133
TABLE 85 CANADA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 133
11.3 EUROPE 134
11.3.1 EUROPE: TAX MANAGEMENT MARKET DRIVERS 134
11.3.2 EUROPE: RECESSION IMPACT 134
TABLE 86 EUROPE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 135
TABLE 87 EUROPE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 135
TABLE 88 EUROPE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 135
TABLE 89 EUROPE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 135
TABLE 90 EUROPE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 136
TABLE 91 EUROPE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 136
TABLE 92 EUROPE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 136
TABLE 93 EUROPE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 136
TABLE 94 EUROPE: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 137
TABLE 95 EUROPE: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 137
TABLE 96 EUROPE: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 137
TABLE 97 EUROPE: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION) 138
11.3.3 UK 138
11.3.3.1 To maintain its competitive position in global market 138
TABLE 98 UK: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 138
TABLE 99 UK: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 138
TABLE 100 UK: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 139
TABLE 101 UK: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 139
TABLE 102 UK: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 139
TABLE 103 UK: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 139
TABLE 104 UK: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 140
TABLE 105 UK: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 140
11.3.4 GERMANY 140
11.3.4.1 Significant developments in tax laws to drive market 140
TABLE 106 GERMANY: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 140
TABLE 107 GERMANY: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 141
TABLE 108 GERMANY: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 141
TABLE 109 GERMANY: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 141
TABLE 110 GERMANY: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 141
TABLE 111 GERMANY: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 142
TABLE 112 GERMANY: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 142
TABLE 113 GERMANY: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 142
11.3.5 FRANCE 142
11.3.5.1 Complex tax laws to encourage businesses to implement tax management solutions 142
TABLE 114 FRANCE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 143
TABLE 115 FRANCE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 143
TABLE 116 FRANCE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 143
TABLE 117 FRANCE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 143
TABLE 118 FRANCE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 144
TABLE 119 FRANCE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 144
TABLE 120 FRANCE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 144
TABLE 121 FRANCE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 144
11.3.6 REST OF EUROPE 145
TABLE 122 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 145
TABLE 123 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 145
TABLE 124 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 145
TABLE 125 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 146
TABLE 126 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 146
TABLE 127 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 146
TABLE 128 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 146
TABLE 129 REST OF EUROPE: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 147
11.4 ASIA PACIFIC 147
11.4.1 ASIA PACIFIC: TAX MANAGEMENT MARKET DRIVERS 147
11.4.2 ASIA PACIFIC: RECESSION IMPACT 147
FIGURE 41 ASIA PACIFIC: TAX MANAGEMENT MARKET SNAPSHOT 148
TABLE 130 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 149
TABLE 131 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 149
TABLE 132 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 149
TABLE 133 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 149
TABLE 134 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 150
TABLE 135 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 150
TABLE 136 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 150
TABLE 137 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 150
TABLE 138 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 151
TABLE 139 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 151
TABLE 140 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 152
TABLE 141 ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION) 152
11.4.3 CHINA 152
11.4.3.1 Blockchain technology to disrupt market 152
TABLE 142 CHINA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 154
TABLE 143 CHINA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 154
TABLE 144 CHINA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 155
TABLE 145 CHINA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 155
TABLE 146 CHINA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 155
TABLE 147 CHINA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 155
TABLE 148 CHINA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 156
TABLE 149 CHINA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 156
11.4.4 JAPAN 156
11.4.4.1 To be competitive market for tax management solutions and services 156
TABLE 150 JAPAN: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 156
TABLE 151 JAPAN: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 157
TABLE 152 JAPAN: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 157
TABLE 153 JAPAN: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 157
TABLE 154 JAPAN: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 157
TABLE 155 JAPAN: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 158
TABLE 156 JAPAN: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 158
TABLE 157 JAPAN: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 158
11.4.5 INDIA 158
11.4.5.1 Use of automated tax management solutions to grow during forecast period 158
TABLE 158 INDIA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 159
TABLE 159 INDIA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 159
TABLE 160 INDIA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 159
TABLE 161 INDIA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 159
TABLE 162 INDIA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 160
TABLE 163 INDIA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 160
TABLE 164 INDIA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 160
TABLE 165 INDIA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 160
11.4.6 REST OF ASIA PACIFIC 161
TABLE 166 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 161
TABLE 167 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 161
TABLE 168 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 161
TABLE 169 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 162
TABLE 170 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 162
TABLE 171 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 162
TABLE 172 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 162
TABLE 173 REST OF ASIA PACIFIC: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 163
11.5 MIDDLE EAST & AFRICA 163
11.5.1 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET DRIVERS 163
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 163
TABLE 174 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 164
TABLE 175 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 164
TABLE 176 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 164
TABLE 177 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 165
TABLE 178 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 165
TABLE 179 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 165
TABLE 180 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 165
TABLE 181 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 166
TABLE 182 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 166
TABLE 183 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 166
TABLE 184 MIDDLE EAST & AFRICA: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 211.6 LATIN AMERICA 174
11.6.1 LATIN AMERICA: TAX MANAGEMENT MARKET DRIVERS 174
11.6.2 LATIN AMERICA: RECESSION IMPACT 174
TABLE 210 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 175
TABLE 211 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 175
TABLE 212 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 175
TABLE 213 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 176
TABLE 214 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 176
TABLE 215 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 176
TABLE 216 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 176
TABLE 217 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 177
TABLE 218 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2018–2021 (USD MILLION) 177
TABLE 219 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY VERTICAL, 2022–2027 (USD MILLION) 177
TABLE 220 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 178
TABLE 221 LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION) 178
11.6.3 BRAZIL 178
11.6.3.1 Variation in tax compliance across 27 states to trigger market growth 178
TABLE 222 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 178
TABLE 223 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 179
TABLE 224 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 179
TABLE 225 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 179
TABLE 226 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 179
TABLE 227 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 180
TABLE 228 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 180
TABLE 229 BRAZIL: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 180
11.6.4 MEXICO 180
11.6.4.1 Amendments in income tax law to spur market growth 180
TABLE 230 MEXICO: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 181
TABLE 231 MEXICO: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 181
TABLE 232 MEXICO: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 181
TABLE 233 MEXICO: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 181
TABLE 234 MEXICO: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 182
TABLE 235 MEXICO: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 182
TABLE 236 MEXICO: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 182
TABLE 237 MEXICO: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 182
11.6.5 REST OF LATIN AMERICA 183
TABLE 238 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 183
TABLE 239 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 183
TABLE 240 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2018–2021 (USD MILLION) 183
TABLE 241 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY TAX TYPE, 2022–2027 (USD MILLION) 184
TABLE 242 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 184
TABLE 243 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 184
TABLE 244 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 184
TABLE 245 REST OF LATIN AMERICA: TAX MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 185
12 COMPETITIVE LANDSCAPE 186
12.1 INTRODUCTION 186
12.2 MARKET EVALUATION FRAMEWORK 186
FIGURE 42 MARKET EVALUATION FRAMEWORK 186
12.3 MARKET SHARE OF TOP VENDORS 187
FIGURE 43 TAX MANAGEMENT MARKET: VENDOR SHARE ANALYSIS 187
12.3.1 INDIRECT TAX MANAGEMENT - MARKET SHARE OF TOP VENDORS 188
FIGURE 44 INDIRECT TAX MANAGEMENT: MARKET SHARE OF TOP VENDORS 188
12.4 HISTORICAL REVENUE ANALYSIS OF TOP FIVE VENDORS 188
FIGURE 45 HISTORICAL REVENUE ANALYSIS OF TOP FIVE VENDORS, 2018–2022 188
12.5 KEY MARKET DEVELOPMENTS 189
12.5.1 PRODUCT LAUNCHES AND ENHANCEMENTS 189
TABLE 246 PRODUCT LAUNCHES AND ENHANCEMENTS, 2019–2022 189
12.5.2 DEALS 190
TABLE 247 DEALS, 2019–2022 190
12.6 COMPANY EVALUATION QUADRANT 193
12.6.1 DEFINITION AND METHODOLOGY 193
TABLE 248 COMPANY EVALUATION QUADRANT: CRITERIA 193
12.6.2 STARS 193
12.6.3 EMERGING LEADERS 193
12.6.4 PERVASIVE PLAYERS 194
12.6.5 PARTICIPANTS 194
FIGURE 46 TAX MANAGEMENT MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022 195
TABLE 249 GLOBAL COMPANY FOOTPRINT 195
TABLE 250 COMPANY FOOTPRINT, BY COMPONENT 196
TABLE 251 COMPANY FOOTPRINT, BY VERTICAL 196
TABLE 252 COMPANY FOOTPRINT, BY REGION 197
12.7 STARTUP/SME EVALUATION QUADRANT 197
12.7.1 DEFINITION AND METHODOLOGY 197
TABLE 253 STARTUP/SME COMPANY EVALUATION MATRIX: CRITERIA 198
12.7.2 PROGRESSIVE COMPANIES 198
12.7.3 RESPONSIVE COMPANIES 198
12.7.4 DYNAMIC COMPANIES 198
12.7.5 STARTING BLOCKS 198
FIGURE 47 TAX MANAGEMENT (STARTUP/SME): COMPANY EVALUATION QUADRANT, 2022 199
12.8 COMPETITIVE BENCHMARKING 200
TABLE 254 TAX MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 200
TABLE 255 TAX MANAGEMENT MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 201
13 COMPANY PROFILES 202
13.1 INTRODUCTION 202
13.2 KEY PLAYERS 202
(Business overview, Solutions offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats)*
13.2.1 AVALARA 202
TABLE 256 AVALARA: COMPANY OVERVIEW 202
TABLE 257 AVALARA: SOLUTIONS OFFERED 202
TABLE 258 AVALARA: PRODUCT LAUNCHES AND BUSINESS EXPANSIONS 203
TABLE 259 AVALARA: DEALS 204
13.2.2 ADP 206
TABLE 260 ADP: COMPANY OVERVIEW 206
FIGURE 48 ADP: COMPANY SNAPSHOT 206
TABLE 261 ADP: SOLUTIONS OFFERED 207
TABLE 262 ADP: PRODUCT LAUNCHES AND BUSINESS EXPANSIONS 207
TABLE 263 ADP: DEALS 207
13.2.3 INTUIT 209
TABLE 264 INTUIT: COMPANY OVERVIEW 209
FIGURE 49 INTUIT: COMPANY SNAPSHOT 209
TABLE 265 INTUIT: SOLUTIONS OFFERED 210
TABLE 266 INTUIT: SERVICE LAUNCHES AND BUSINESS EXPANSIONS 210
TABLE 267 INTUIT: DEALS 211
13.2.4 THOMSON REUTERS 212
TABLE 268 THOMSON REUTERS: COMPANY OVERVIEW 212
FIGURE 50 THOMSON REUTERS: COMPANY SNAPSHOT 213
TABLE 269 THOMSON REUTERS: SOLUTIONS OFFERED 213
TABLE 270 THOMSON REUTERS: SERVICE LAUNCHES AND BUSINESS EXPANSIONS 214
TABLE 271 THOMSON REUTERS: DEALS 214
13.2.5 WOLTERS KLUWER 215
TABLE 272 WOLTERS KLUWER: COMPANY OVERVIEW 215
FIGURE 51 WOLTERS KLUWER: COMPANY SNAPSHOT 216
TABLE 273 WOLTERS KLUWER: SOLUTIONS OFFERED 216
TABLE 274 WOLTERS KLUWER: PRODUCT LAUNCHES AND BUSINESS EXPANSIONS 217
13.2.6 BLUCORA 218
TABLE 275 BLUCORA: COMPANY OVERVIEW 218
FIGURE 52 BLUCORA: COMPANY SNAPSHOT 218
TABLE 276 BLUCORA: SOLUTIONS OFFERED 219
TABLE 277 BLUCORA: DEALS 219
13.2.7 H&R BLOCK 220
TABLE 278 H&R BLOCK: COMPANY OVERVIEW 220
FIGURE 53 H&R BLOCK: COMPANY SNAPSHOT 220
TABLE 279 H&R BLOCK: SOLUTIONS OFFERED 221
TABLE 280 H&R BLOCK: DEALS 221
13.2.8 SAP 222
TABLE 281 SAP: COMPANY OVERVIEW 222
FIGURE 54 SAP: COMPANY SNAPSHOT 223
13.2.9 SOVOS 224
TABLE 282 SOVOS: COMPANY OVERVIEW 224
TABLE 283 SOVOS: SOLUTIONS OFFERED 224
TABLE 284 SOVOS: DEALS 225
13.2.10 VERTEX, INC. 226
TABLE 285 VERTEX, INC.: COMPANY OVERVIEW 226
FIGURE 55 VERTEX, INC.: COMPANY SNAPSHOT 226
TABLE 286 VERTEX, INC.: SOLUTIONS OFFERED 227
TABLE 287 VERTEX, INC.: DEALS 227
13.3 OTHER PLAYERS 228
13.3.1 CANOPY 228
13.3.2 DAVO TECHNOLOGIES 228
13.3.3 DEFMACRO SOFTWARE PRIVATE LIMITED 229
13.3.4 DRAKE SOFTWARE 229
13.3.5 SAILOTECH 230
13.3.6 TAXBACK INTERNATIONAL 230
13.3.7 TAXCLOUD 231
13.3.8 TAXJAR 231
13.3.9 TAXSLAYER 232
13.3.10 XERO 232
13.3.11 WEBGILITY 233
13.3.12 LOVAT SOFTWARE 233
13.3.13 SAFESEND 234
13.3.14 EXEMPTAX 234
13.3.15 SALES TAX DATALINK 235
13.3.16 SHOEBOXED INC. 236
13.3.17 SAXTAX SOFTWARE 236
*Details on Business overview, Products offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies
14 ADJACENT & RELATED MARKETS 237
14.1 INTRODUCTION 237
14.2 TRADE MANAGEMENT MARKET 237
TABLE 288 TRADE MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2020 (USD MILLION) 237
TABLE 289 TRADE MANAGEMENT MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 237
TABLE 290 TRADE MANAGEMENT MARKET SIZE, BY SOLUTION, 2015–2020 (USD MILLION) 238
TABLE 291 TRADE MANAGEMENT MARKET SIZE, BY SOLUTION, 2021–2026 (USD MILLION) 238
TABLE 292 TRADE MANAGEMENT MARKET SIZE, BY SERVICE, 2015–2020 (USD MILLION) 238
TABLE 293 TRADE MANAGEMENT MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION) 238
TABLE 294 TRADE MANAGEMENT MARKET SIZE, BY VERTICAL, 2015–2020 (USD MILLION) 239
TABLE 295 TRADE MANAGEMENT MARKET SIZE, BY VERTICAL, 2021–2026 (USD MILLION) 239
14.3 WEALTH MANAGEMENT MARKET 239
TABLE 296 WEALTH MANAGEMENT PLATFORM MARKET SIZE, BY ADVISORY MODEL, 2015–2022 (USD MILLION) 240
TABLE 297 WEALTH MANAGEMENT PLATFORM MARKET SIZE, BY BUSINESS FUNCTION, 2015–2022 (USD MILLION) 240
TABLE 298 WEALTH MANAGEMENT PLATFORM MARKET SIZE, BY END-USE INDUSTRY, 2015–2022 (USD MILLION) 240
15 APPENDIX 241
15.1 DISCUSSION GUIDE 241
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 247
15.3 CUSTOMIZATION OPTIONS 249
15.4 RELATED REPORTS 249
15.5 AUTHOR DETAILS 250