Property Tax Services Market, By Service (Tax Consulting and Advisory, Tax Compliance and Filing, Tax Valuation and Assessment, Tax Audit and Appeals, and Others), By Client (Residential Property Owners, Commercial Property Owners, Industrial Property Own

Property Tax Services Market, By Service (Tax Consulting and Advisory, Tax Compliance and Filing, Tax Valuation and Assessment, Tax Audit and Appeals, and Others), By Client (Residential Property Owners, Commercial Property Owners, Industrial Property Owners, Real Estate Investors, and Others), By Delivery Mode (Online/Digital and Offline), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global property tax services market has been witnessing steady growth over the past few years. Property tax services include consulting, advisory, assessment of property value, tax appeal representation and other services offered to assist individuals and businesses to comply with property tax laws and regulations set by local and state authorities. With increasing complexities in global property tax legislations and rising property values, demand for premium property tax services has surged significantly. Additionally, the mounting need to optimize property tax burdens while maximizing deductions, exemptions and property value has propelled the growth of property tax services market worldwide. Technological breakthroughs that have enabled the automation and digitization of property assessment processes are expected to disrupt the conventional property tax services in coming years.

Market Dynamics:

The global property tax services market is primarily driven by increasing complexities in property tax regulations across major countries. Revision of property tax laws by regional governments along with constant fluctuations in tax rates depending on market conditions has augmented the need for expert property tax guidance and consultation services among end-users. Moreover, exponential growth of commercial real estate sector with large global players venturing into new overseas markets has created strong demand for multinational property tax planning and representation services. However, intense competition among existing players and legal restrictions imposed by few countries on foreign property tax advisory firms limits the scope for market expansion. On the other hand, proliferation of advanced analytics and Artificial Intelligence (AI) backed services to manage & reduce property tax liabilities through automated record-keeping and e-filing present bright opportunities for market participants in the near future.

Key features of the study:

This report provides in-depth analysis of the global property tax services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global property tax services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Avalara, Blucora, Canopy Tax, Drake Enterprises, H&R Block, Intuit, Sailotech, SAP SE, Thomson Reuters, Taxback International, TaxJar, TaxSlayer, Vertex, Wolters Kluwer NV, and Xero

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global property tax services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global property tax services market.

Detailed Segmentation-

By Service Insights (Revenue, USD Bn, 2019 - 2031)

Tax Consulting and Advisory

Tax Compliance and Filing

Tax Valuation and Assessment

Tax Audit and Appeals

Others (Tax Planning, Tax Optimization, etc.)

By Client Insights (Revenue, USD Bn, 2019 - 2031)

Residential Property Owners

Commercial Property Owners

Industrial Property Owners

Real Estate Investors

Others

By Delivery Mode Insights (Revenue, USD Bn, 2019 - 2031)

Online/Digital

Offline (In-Person)

Regional Insights (Revenue, USD Bn 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Avalara

Blucora

Canopy Tax

Drake Enterprises

H&R Block

Intuit

Sailotech

SAP SE

Thomson Reuters

Taxback International

TaxJar

TaxSlayer

Vertex

Wolters Kluwer NV

Xero