Fintech PR
Tax Tech Market worth $36.72 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., March 31, 2025 /PRNewswire/ — The global Tax Tech Market will grow from USD 18.53 billion in 2024 to USD 36.72 billion by 2030 at a compounded annual growth rate (CAGR) of 12.1% during the forecast period, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “Tax Tech Market”
180 – Tables
150 – Figures
310 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28373824
Scope of the Report
|
Report Metrics |
Details |
|
Market size available for years |
2019–2030 |
|
Base year considered  |
2023 |
|
Forecast period |
2024–2030 |
|
Forecast units |
Value (USD Billion) |
|
Segments Covered |
Offering, Tax Type, Deployment Mode, Organization Size, and Vertical |
|
Geographies Covered |
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
|
Companies Covered |
Wolters Kluwer (Netherlands), H&R Block (US), Avalara (US), Vertex.Inc (US), Thomson Reuters (Canada), SAP (Germany), ADP (US), Sovos (US), Intuit (US), Xero (New Zealand), Taxbit (US), Ryan (US), Taxact (US), Corvee (US), Anrok (US), Taxslayer (US), Fonoa (Ireland), Token Tax (US), Drake Software (US), TaxJar (US), and Picnic Tax (US). |
The accelerated rise of international commerce and e-commerce substantially drives the complexity of tax compliance among businesses with global operations. Each country has different tax laws, VAT/GST systems, and digital reporting mandates, which challenge manual handling. Cross-border trade, digital services, and various treatments of taxes are also adding to the complexity. Therefore, companies are adopting centralized tax technology platforms that provide scalable and automated solutions to manage various tax requirements effectively. The systems help achieve global tax compliance, reduce mistakes, and increase operations visibility. Precision, consistency, and flexibility in a fast-paced global landscape are some of the primary drivers of using sophisticated tax tech solutions.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=28373824
Based on the offering, the solutions segment is expected to hold the largest market share during the forecast period.
Based on the offering, the solutions segment is expected to hold the largest market share in the Tax Tech Market during the forecast period due to the growing demand for automation, compliance, and real-time tax reporting across industries. Organizations in more significant quantities are implementing tax software solutions to automate tax calculations, manage regulatory updates, and reduce manual errors. These solutions provide advanced features such as e-filing, audit support, analytics, and system integration with enterprises, enabling business houses to make tax operations more accurate and efficient. With governments worldwide adopting complex and dynamic taxation regulations, firms are turning towards robust digital solutions to ensure on-time compliance and minimize financial risk. The rise of cloud-based tax solutions drives further adoption, offering scalability, security, and cost savings. The increased need for digital transformation in finance teams and the necessity to maintain transparency in taxation practices are a few of the key drivers fueling the dominance of the solutions segment in this market.
Based on the vertical type, the IT & telecom segment is expected to grow at the highest CAGR during the forecast period.
The IT & Telecom sector is expected to grow in the Tax Tech Market, with the highest CAGR during the forecast period. This growth follows as businesses within this industry scale up their digitalization initiatives and come under increased pressure to remain compliant with changing tax laws across various geographies. With massive amounts of data and frequent cross-border payments, IT & Telecom firms are adopting advanced taxation technologies like AI-based tools, cloud solutions, and automated reporting platforms to simplify complex tax processes and minimize chances of error. These solutions not only save time but also help companies maintain agility in the face of a fast-changing regulatory environment. Therefore, the need for more innovative, scalable tax tech is increasing rapidly in this segment and is, as such, a key factor driving market expansion.
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=28373824
Based on the regions, the Middle East & Africa is expected to grow at the second-highest CAGR during the forecast period.
Middle East & Africa is anticipated to register the second-highest CAGR in the tax tech industry over the forecast period, led by extensive government-initiated digital tax reforms and rising adoption of e-invoicing and compliance solutions. Egypt, Nigeria, and Kenya are transforming Africa with solutions such as ETA’s e-receipt system, FIRS’s TaxPro Max, and KRA’s eTIMS to enhance tax transparency and prevent evasion. In the Middle East, UAE’s EmaraTax and Saudi Arabia’s ZATCA-led e-invoicing demonstrate a healthy regulatory pace towards real-time, networked tax systems. The Gulf nations of Bahrain and Oman are in catch-up mode, too, making investments in platforms with SAP and PwC as partners. South Africa has consistently progressed with SARS’s electronic customs and eFiling enhancements. As infrastructure enhances and informal economies go digital, the region offers robust growth opportunities for tax tech suppliers, placing MEA in a fast-evolving position as a hub for advanced tax administration solutions.
Top Key Companies in Tax Tech Market:
Some of the tax tech vendors are Wolters Kluwer (Netherlands), H&R Block (US), Avalara (US), and Vertex.inc (US), Thomson Reuters (Canada), SAP (Germany), ADP (US), Sovos (US), Intuit (US) and Xero (New Zealand).
Browse Adjacent Markets: Software and Services Market Research Reports & Consulting
Related Reports:
MarTech Market – Global Forecast to 2030
Customer Information System Market – Global Forecast to 2030
Knowledge Graph Market– Global Forecast to 2030
Logistics Automation Market– Global Forecast to 2029
Managed Services Market– Global Forecast to 2029
Get access to the latest updates on Tax Tech Companies and Tax Tech Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
In addition, MarketsandMarkets SalesIQ enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/tax-tech-market-worth-36-72-billion-by-2030–exclusive-report-by-marketsandmarkets-302415388.html
Fintech PR
CBH Compagnie Bancaire Helvétique Joins the International Judo Federation as Global Partner
GENEVA, April 3, 2025 /PRNewswire/ — The International Judo Federation (IJF) is proud to announce a new global partnership with CBH Compagnie Bancaire Helvétique (CBH Bank), marking the beginning of a two-year collaboration dedicated to advancing the sport of Judo worldwide.
This strategic alliance highlights a shared commitment to excellence, development, and the promotion of core values such as discipline, integrity and respect. Through this partnership, CBH Bank will support the IJF’s flagship events and global initiatives, including international competitions and grassroots development programmes designed to grow the sport across all continents.
International Judo Federation President Marius L. Vizer welcomed the partnership, “We are delighted to welcome CBH Bank as a Global Partner of the IJF. Their dedication to long-term success and high standards in the financial sector resonate with the principles that define Judo. We look forward to building a meaningful collaboration that will enhance opportunities for athletes, elevate our events, and contribute to the global development of our sport.“
Simon Benhamou, CEO of CBH Bank, expressed his enthusiasm: “It is a great honour for CBH Bank to become a member of the International Judo family through this agreement. Judo embodies values we hold dear: discipline, perseverance and mutual respect. We are excited to support the IJF’s vision and contribute to the growth of one of the world’s most esteemed sports communities.“
The IJF and CBH Bank now embark on a journey to further strengthen the global Judo movement, fostering new opportunities for athletes and inspiring fans around the world.
Logo: https://mma.prnewswire.com/media/2186498/5251032/CBH_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/cbh-compagnie-bancaire-helvetique-joins-the-international-judo-federation-as-global-partner-302419691.html
Fintech PR
The 2025 Industrial Technology Innovation and Investment Promotion Conference held in Nanjing
NANJING, China, April 3, 2025 /PRNewswire/ — On March 26, 2025, the 2025 Industrial Technology Innovation and Investment Promotion Conference was held in Nanjing, Jiangsu Province.
The event extended a warm invitation to global entrepreneurs, investors, and innovators, urging domestic and international stakeholders to “Choose Nanjing, Grow with Nanjing” under the theme “Innovate for Excellence, Invest in the Future.”
Approximately 800 attendees participated, including representatives from globally renowned enterprises, universities, innovation platforms, foreign embassies, and international organizations.
The conference comprehensively showcased Nanjing’s industrial investment environment, case studies of technological and industrial innovation, and achievements in technology and innovation financial reform.
A series of new initiatives to advance technological innovation and investment were announced. During the event, 102 major projects were signed, with a total planned investment exceeding 130 billion yuan (RMB; approximately $18 billion USD).
Several innovation platforms were inaugurated, including Jiangsu Provincial Concept Validation Center, Nanjing Academy for Scientific and Technological Achievements Transformation, and Nanjing (Jiangbei New Area) Disruptive Technology Innovation Center.
These initiatives underscored Nanjing’s commitment to fostering cutting-edge and transformative technologies.
Additionally, four industrial task forces—dedicated to AI (software), robotics, biopharmaceuticals, and next-gen ICT—were established, alongside the Nanjing Industrial Investment Promotion Center, highlighting the city’s resolve to concentrate resources on developing new-quality productive forces (innovative, high-end, and sustainable productivity).
Industry leaders and academic experts actively proposed strategies and shared insights to empower Nanjing’s innovation-driven growth.
Keynote speakers included Dr. Xiangyang Shen, Chairman of the Council of the Hong Kong University of Science and Technology; Hermann Simon, renowned as the “Father of Hidden Champions”; Dr. Nicolas Peter, Senior Vice President of BMW Group; Wu Wensheng, Chairman of Great Wall Strategy Consultants; Liu Suhua, President of Shenzhen Capital Group; and Liu Shuang, Chairman of Nanjing TetraBOT Electronic Technology.
Outside the venue, 52 high-tech exhibits from Nanjing’s eight pillar industries were prominently displayed, featuring “world-first innovations” “domestic substitution achievements,” and products leading in global market share.
The signed projects primarily focus on leading industries and high-quality initiatives with strong demonstration effects.
Moving forward, Nanjing will leverage the global resource connection platform established through this conference to continuously deepen collaboration with cutting-edge technologies and industries, accelerate the construction of an open innovation ecosystem, transform more scientific achievements into new-quality productive forces, and build itself into a globally influential primary hub and carrier zone for industrial technology innovation.
Photo – https://mma.prnewswire.com/media/2656404/1.jpg
Photo – https://mma.prnewswire.com/media/2656405/2.jpg
View original content:https://www.prnewswire.co.uk/news-releases/the-2025-industrial-technology-innovation-and-investment-promotion-conference-held-in-nanjing-302419660.html
DUBLIN, April 3, 2025 /PRNewswire/ — Consello, the leading global advisory and investing platform, is proud today to announce Irish track legend Eamonn Coghlan has joined its team of Senior Advisors.
Coghlan will work with Consello’s Leadership Development, Talent and Business Transformation team, which supports leading organisations in Ireland and internationally with designing and implementing comprehensive strategies that attract, build, and sustain high performing teams.
He is widely recognized as one of Ireland’s greatest sporting heroes and one of the world’s most dominant middle-distance runners of his era. Known as the ‘Chairman of the Boards’ for his unrivalled success on the American indoor circuit, he won an astounding 56 consecutive races and claimed a record seven Wanamaker Mile titles at Madison Square Garden. His three indoor mile world records stood as a testament to his enduring excellence, with one of them remaining unbeaten for 18 years. In 1983, he became the first man to run the mile in under 3 minutes and 50 seconds, setting a record time of 3:49.78.
That same year, Coghlan solidified his place in Irish sporting history by becoming Ireland’s first World Athletics Champion, winning the gold medal in the 5,000m at the World Championships in Helsinki. His legendary career was crowned by one of the most remarkable feats in track and field history in 1994 when, at the age of 41, he became the first and only athlete over 40 to run a sub-four-minute mile, clocking 3:58.17 in Boston.
Beyond athletics, Coghlan has demonstrated a deep commitment to public service and youth development. A former Fine Gael Senator, his passion for youth fitness manifested through the ‘Points for Life’ initiative, emphasizing the importance of physical education in schools.
Commenting on his appointment, Consello founder, CEO and Chairman Delcan Kelly said that Eamonn Coghlan will bring unparalleled experience in high performance, leadership and mindset to this Consello offering. “I grew up watching and being inspired by Eamonn Coghlan’s success on the track. I’ve had the good fortune to get to know him later in life and he’s been as inspirational in person as he was watching from a distance. His ability to inspire peak performance and drive success aligns perfectly with our mission to help the best in the world be even better. I’ve also seen what he does at a voluntary level and he’s just an exceptional human being who has a motivational impact on all around him. He will add another layer of experience and insight to a team already laden with world-class talent,” he said.
Commenting on his role with Consello, Eamonn Coghlan said, “I know Declan for many years and count him not alone a close friend but have also had the opportunity to work with him previously. What he has built with Consello, however, is at another level in terms of the people he has brought on board and what it is doing for the organisations it works with. Throughout my career, I have always strived for excellence, and I see the same dedication to success at Consello. I look forward to bringing my experience in high performance, mindset, and strategy to the team.”
Coghlan joins a team that includes advisors Gary Neville, former Manchester United and England captain; Ronan O’Gara, Ireland and Munster rugby legend and La Rochelle coach; and Paul McGinley, former Irish champion golfer and Ryder Cup captain. The Ireland-based Leadership Development, Talent and Business Transformation team is led by former Tipperary senior hurling manager Liam Sheedy and Jane Mitchell.
Consello’s business in Ireland offers a full suite of advisory services that complement its advisory business around the world, including:
- C-Suite Advisory
- Management Consulting and Business Development
- Communications and Public Affairs
- Leadership Development, Talent and Business Transformation
- Consello Strive – Sports and Entertainment Advisory
- Consello Experience – Creative Services
Consello was founded by Declan Kelly almost three years ago and has offices in New York, Miami, Atlanta, London, Barcelona and Dublin. US Partners of the firm include seven-time Super Bowl champion Tom Brady; 23-time Grand Slam winner Serena Williams and six-time NBA All-Star Pau Gasol; and business leaders such as Wendy Clark, former Global CEO of Dentsu; Mindy Grossman, former CEO of WW International and Janey Whiteside, former Chief Customer Officer of Walmart.
About Consello
Consello is an Advisory and Investing Platform.
Consello’s six distinct advisory practices provide the complete strategic counsel today’s leaders need to grow and transform their organizations. Consello’s advisory expertise spans Corporate Advisory; M&A; Growth; Marketing; Technology; and Sports, Entertainment and Leadership Development. Dedicated teams operate in each practice, led by a leadership group with deep operational experience across industries, business growth stages and market cycles and with an expansive set of global corporate relationships.
Consello’s investment business, Consello Capital, identifies high-potential mid-market companies and invests capital and expertise to transform their growth.
Consello Media Inquiries
Photo – https://mma.prnewswire.com/media/2656938/Consello_Eamonn_Coghlan_and_Declan_Kelly.jpg
Logo – https://mma.prnewswire.com/media/2469591/Consello_Logo_Black_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/athletics-legend-eamonn-coghlan-joins-consellos-senior-advisors-team-in-ireland-302419417.html
-
Fintech PR7 days agoPublic Sector Pension Investment Board announces new Chief Financial Officer and new Chief Risk Officer
-
Fintech PR6 days agoTransactions for persons discharging managerial responsibilities – CEO Jörg Brinkmann have purchased shares in H+H International A/S
-
Fintech6 days agoFintech Pulse: Your Daily Industry Brief – March 27, 2025 | Almond Fintech, Maplerad & More
-
Fintech PR6 days agoBybit Launches ‘Foolproof Fortune’ Event with 100,000 USDT Prize Pool and a Chance to Win a Luxury Watch
-
Fintech7 days agoFintech Pulse: Your Daily Industry Brief – March 27, 2025: Mercury, Jack Dorsey’s Startup, Grab Pay, Virginia, Straiker
-
Fintech PR5 days agoBRI Holds 2025 Annual General Meeting of Shareholders (AGMS), Distributes IDR 51.73 Trillion in Dividends and Prepares for IDR 3 Trillion Buyback
-
Fintech PR7 days agoEssity’s 2025 Annual General Meeting
-
Fintech PR7 days agoBFSI Security Summit 2025 to Address Rising Cybersecurity Threats in Africa’s Financial Sector