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Tax Preparation Services Market 2023 : Trends, Business Growth And Major Driving Factors | BDO Global, Deloitte Consulting LLP, Ernst & Young Global Limited, H&R Block Inc., KPMG International Limited
Tax Preparation Services Market
Tax Preparation Services Market Size, Growth Rate, And Forecast
The global tax preparation services market size is expected to grow from $29.62 billion in 2022 to $31.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tax preparation services market size is expected to reach $38.28 billion in 2027 at a CAGR of 5.2%.
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Tax Preparation Services Market Drivers
The increasing small and medium-sized enterprises are expected to propel the growth of the tax preparation services market going forward. Small and medium-sized businesses are privately owned businesses with capital, workforce, and assets that fall below a certain level set by national guidelines. Small and medium-sized businesses are frequently used to pay the goods and services tax.
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Tax Preparation Services Market Segments
1) By Service: Tax Compilation Services, Tax Return Preparation Services, Other Services
2) By Deployment Mode: Cloud, On-Premises
3) By Application: Enterprise, Family, Personal, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Tax Preparation Services market.
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Tax Preparation Services Market Key Players
Major players in the tax preparation services market are BDO Global, Deloitte Consulting LLP, Ernst & Young Global Limited, H&R Block Inc., KPMG International Limited, RSM US LLP, Ryan LLC, Jackson Hewitt Tax Service Inc., Turbo Tax Live, PricewaterhouseCoopers Company (PWC), Crowe Global, Intuit Inc., 415 Group, Knight Dowl CPA, CapActix Business Solutions Pvt. Ltd., Entigrity Solutions LLC, Invensis Inc., Ramsey Solutions, Liberty Tax Service, FreeTaxUSA, Robert Hall & Associates.
The Business Research Company's "Global Tax Preparation Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Tax Preparation Services Market Include:
1. Executive Summary
2. Tax Preparation Services Market Characteristics
3. Tax Preparation Services Market Trends And Strategies
4. Tax Preparation Services Market - Macro Economic Scenario
5. Tax Preparation Services Market Size And Growth
……
27. Tax Preparation Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tax Preparation Services Market
29. Tax Preparation Services Market Future Outlook and Potential Analysis
30. Appendix
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