Market View: Tax & Accounting Solutions

Author: Will Jan

Date: August 13, 2020

Description

The COVID-19 pandemic has become a true stress test for the tax and accounting community, from the surge in online shopping challenging e-commerce taxation to remote back-office accounting leading to poor financial reporting. A revised solution focus is needed to ensure compliance in the new normal.

 

Market Definition and Methodology

Outsell defines Tax & Accounting Solutions as data, information, and analytics that support tax research, tax calculation, tax preparation, tax filing, tax remittance, tax-related continuing education, international tax, tax and accounting certification (including certified public accountant certifications), accounting research, accounting calculation, accounting practice management, accounting continuing education, international accounting, financial reporting and consolidation, financial accounting, and treasury management.

Outsell bases the information in this report on a comprehensive and rigorous methodology we developed. This methodology provides financial estimates for the overall market and for specific companies in the ecosystem. Outsell methodology starts with its growing database of over 10,000 global data and information companies, which we assign to all appropriate segments in which they operate.

Outsell uses all publicly available information and its own insight and research with the companies themselves to size each player in the space. We size public companies primarily on their reported results, though we also apply Outsell analysis to further segment and align their revenues according to Outsell’s industry segmentation. We size private companies using the best available information on each company, augmented by our own primary research.

For each market segment, we identify the top 20 players in the space (by revenue) in a table. Those companies that derive revenue from multiple segments have their revenue allocated by segment. Only the portion of a provider’s total revenue that is attributed to the subject segment is identified under that company for that segment.

 

Table of Contents

Why This Segment

Market Definition and Methodology

Market Drivers and Inhibitors

Market Size and Forecast

Competitors at a Glance

10 to Watch

Implications

Essential Actions

Related Research

About the Author

About Outsell

 

List of Figures

Figure 1: Tax & Accounting Solutions Market Size & Forecast 2017-2023 ($millions)

Figure 2: Tax & Accounting Solutions Revenues by Region, 2019

 

List of Tables

Table 1: Tax & Accounting Solutions Market Share by Format, 2018-2019

Table 2: Top 20 Tax & Accounting Solutions Players and Market Share, 2017-19



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Additional information

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