Global consumption of Tax Software is expected to be about 10904.44 M USD by 2022

Global consumption of Tax Software is expected to be about 10904.44 M USD by 2022 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database

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QYResearch • The large downstream demand for Tax Software has been and still remains fairly stable. The Global market size for Tax Software reached 9339.06 M USD in 2016 from 8036.13 M USD in 2012.

• • North America ranks the top in terms of production volume of Tax Software worldwide, it consists of 72.88% of the global market in 2016.

Europe comes the second, with 10.23% of the global market. Japan occupies 3.51% of the global Tax Software market in the same year. All the other regions combined occupies 9.84% of the global Tax Software market.

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QYResearch • H&R Block ranks the first in terms of revenue share in global market of Tax Software, occupies 49.41% of the global market share in 2016; While, Intuit Inc., with a market share of 25.75%, comes the second; All the other manufacturers which are not included in the report together consist of only 7.26% of the global market in 2016. • In the next five years, the global consumption of Tax Software will show upward tendency further, market size is expected to be about 10904.44 M USD by 2022., with an CAGR of 2.54% annually from 2012 to 2017, the CAGR from 2016 to 2022 will be approximately 2.62%.

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QYResearch Despite the presence of fierce competition and the trend of price decrease, due to the stable demand, together with the development of the related industries. Investors are quite optimistic about this industry. There will be more new investors entering this field in the near future.

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