Global R&D Tax Credit Services Market Growth (Status and Outlook) 2023-2029

Global R&D Tax Credit Services Market Growth (Status and Outlook) 2023-2029

The R&D Tax Credit, also known as the Research and Experimentation (R&E) tax credit, is a federal benefit that provides companies dollar-for-dollar cash savings for performing activities related to the development, design, or improvement of products, processes, formulas, or software.

LPI (LP Information)' newest research report, the “R&D Tax Credit Services Industry Forecast” looks at past sales and reviews total world R&D Tax Credit Services sales in 2022, providing a comprehensive analysis by region and market sector of projected R&D Tax Credit Services sales for 2023 through 2029. With R&D Tax Credit Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world R&D Tax Credit Services industry.

This Insight Report provides a comprehensive analysis of the global R&D Tax Credit Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on R&D Tax Credit Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global R&D Tax Credit Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for R&D Tax Credit Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global R&D Tax Credit Services.

The global R&D Tax Credit Services market size is projected to grow from US$ 2312.7 million in 2022 to US$ 4156.2 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.

Global important companies in R&D tax credit services includes PwC, EY, Deloitte and KPMG. They shares over 45% of the market. The service of R&D tax credit services is concentrated on America. In terms of type, Large Enterprise holds a well share of over 70%, while SMEs only takes nearly 30%. In terms of application, electronic industry takes of 20%, followed by information technology and chemical industry of 16%.

This report presents a comprehensive overview, market shares, and growth opportunities of R&D Tax Credit Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Large Enterprise
SMEs

Segmentation by application
Information Technology
Chemical Industry
Electronic Industry
Transportation Equipment
Scientific Research and Development Services
Machinery
Finance and Insurance
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PwC
EY
Deloitte
KPMG
RSM US
BDO USA
CBIZ
BKD
Withum Smith+Brown
Alvarez & Marsal Holdings
Think
SOURCE ADVISORS
Anchin
Global Tax Management
Engineered Tax Services
RKL
Hull & Knarr
KBKG
Clarus Credits
Tri-Merit

Please note: The report will take approximately 2 business days to prepare and deliver.