Global Tax Software Market Growth (Status and Outlook) 2025-2031

The global Tax Software market size is predicted to grow from US$ 10690 million in 2025 to US$ 18370 million in 2031; it is expected to grow at a CAGR of 9.4% from 2025 to 2031.

Tax software is defined as a type of computer software designed to help individuals or companies prepare for and file income, corporate and similar tax returns. Tax software streamlines the process of filing taxes by walking the user through tax forms and issues and also automatically calculates the individual"s or company"s tax obligations. Many personal tax software applications are now available in the traditional physical box software format (retail software) as well as in hosted online service (SaaS) formats.

North America is the largest market with about 49% market share. Europe is follower, accounting for about 29% market share.

The key players are Avalara, SOVOS, H&R Block, Intuit, Xero, Thomson Reuters, Wolters Kluwer, Drake Software, Longview, TaxSlayer, TaxJar, Canopy, TaxACT, Rethink Solutions, ClearTAX, Webtel, Inspur, Seapower etc. Top 5 companies occupied about 38% market share.

LPI (LP Information)' newest research report, the “Tax Software Industry Forecast” looks at past sales and reviews total world Tax Software sales in 2024, providing a comprehensive analysis by region and market sector of projected Tax Software sales for 2025 through 2031. With Tax Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tax Software industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tax Software 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 Tax Software.

This report presents a comprehensive overview, market shares, and growth opportunities of Tax Software market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud Based
On-Premises

Segmentation by Application:
Small Business and Individuals
Midsize Enterprise
Large Enterprise

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.
Avalara
SOVOS
H&R Block
Intuit
Xero
Thomson Reuters
Wolters Kluwer
Drake Software
Longview
TaxSlayer
TaxJar
Canopy
TaxACT
Rethink Solutions
ClearTAX
Webtel
Inspur
Seapower

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