PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567214
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567214
Property Tax Services Market, By Service, By Client, By Delivery Mode, By Geography
The Global Property Tax Services Market is estimated to be valued at USD 3.52 Billion in 2024 and is expected to reach USD 5.76 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 3.52 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 7.30% | 2031 Value Projection: | US$ 5.76 Bn |
The global property tax services market has been witnessing steady growth over the past few years. Property tax services include consulting, advisory, assessment of property value, tax appeal representation and other services offered to assist individuals and businesses to comply with property tax laws and regulations set by local and state authorities. With increasing complexities in global property tax legislations and rising property values, demand for premium property tax services has surged significantly. Additionally, the mounting need to optimize property tax burdens while maximizing deductions, exemptions and property value has propelled the growth of property tax services market worldwide. Technological breakthroughs that have enabled the automation and digitization of property assessment processes are expected to disrupt the conventional property tax services in coming years.
Market Dynamics:
The global property tax services market is primarily driven by increasing complexities in property tax regulations across major countries. Revision of property tax laws by regional governments along with constant fluctuations in tax rates depending on market conditions has augmented the need for expert property tax guidance and consultation services among end-users. Moreover, exponential growth of commercial real estate sector with large global players venturing into new overseas markets has created strong demand for multinational property tax planning and representation services. However, intense competition among existing players and legal restrictions imposed by few countries on foreign property tax advisory firms limits the scope for market expansion. On the other hand, proliferation of advanced analytics and Artificial Intelligence (AI) backed services to manage & reduce property tax liabilities through automated record-keeping and e-filing present bright opportunities for market participants in the near future.
Key features of the study:
This report provides in-depth analysis of the global property tax services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global property tax services market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Avalara, Blucora, Canopy Tax, Drake Enterprises, H&R Block, Intuit, Sailotech, SAP SE, Thomson Reuters, Taxback International, TaxJar, TaxSlayer, Vertex, Wolters Kluwer NV, and Xero
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global property tax services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global property tax services market.
Detailed Segmentation-
- By Service Insights (Revenue, USD Bn, 2019 - 2031)
- Tax Consulting and Advisory
- Tax Compliance and Filing
- Tax Valuation and Assessment
- Tax Audit and Appeals
- Others (Tax Planning, Tax Optimization, etc.)
- By Client Insights (Revenue, USD Bn, 2019 - 2031)
- Residential Property Owners
- Commercial Property Owners
- Industrial Property Owners
- Real Estate Investors
- Others
- By Delivery Mode Insights (Revenue, USD Bn, 2019 - 2031)
- Online/Digital
- Offline (In-Person)
- Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Avalara
- Blucora
- Canopy Tax
- Drake Enterprises
- H&R Block
- Intuit
- Sailotech
- SAP SE
- Thomson Reuters
- Taxback International
- TaxJar
- TaxSlayer
- Vertex
- Wolters Kluwer NV
- Xero
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Service
- Market Snippet, By Client
- Market Snippet, By Delivery Mode
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Property Tax Services Market, By Service, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Tax Consulting and Advisory
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Tax Compliance and Filing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Tax Valuation and Assessment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Tax Audit and Appeals
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others (Tax Planning, Tax Optimization, etc.)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Property Tax Services Market, By Client, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Residential Property Owners
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Commercial Property Owners
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Industrial Property Owners
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Real Estate Investors
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Property Tax Services Market, By Delivery Mode, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Online/Digital
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Offline (In-Person)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Property Tax Services Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Israel
- GCC Countries
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Service, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Client, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Delivery Mode, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Company Profiles
- Avalara
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Blucora
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Canopy Tax
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Drake Enterprises
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- H&R Block
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Intuit
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sailotech
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SAP SE
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Thomson Reuters
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Taxback International
- TaxJar
- TaxSlayer
- Vertex
- Wolters Kluwer NV
- Xero
- Avalara
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact
