Global Tax Management Market to Reach $55.2 Billion by 2030
The global market for Tax Management estimated at US$28.3 Billion in the year 2023, is expected to reach US$55.2 Billion by 2030, growing at a CAGR of 10% over the period 2023-2030. Tax Management Software, one of the segments analyzed in the report, is expected to record 9.6% CAGR and reach US$38.3 Billion by the end of the analysis period. Growth in the Tax Management Services segment is estimated at 11% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 13.5% CAGR
The Tax Management market in the U.S. is estimated at US$7.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.9 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 8.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.
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