Product Code: A31503
A person who has specific understanding in tax accounting, tax law, and financial expertise is referred to as a tax advisor. A tax advisory service firm skills are often sought out in complex financial situations in order to minimize the tax owed while being legally compliant. Certified Public Accountants (CPAs), licensed agents, tax attorneys, and some financial advisors are examples of tax consultants.
Rise in demand for tax advisory services among SMEs, as well as the ongoing need to improve organizational efficiency, drives the growth of the tax advisory services market. In addition, factors such as increase in demand for better tax filing strategies impact growth of the market. However, lack of awareness about tax advisory services and higher dependency on traditional methods are expected to hamper the market growth. On the contrary, rise in innovations in the financial industry and untapped potential of emerging economies are expected to offer remunerative opportunities for the market during the forecast period.
The tax advisory services market is segmented into type, organization size, industry vertical, and region. By type, the market is differentiated into direct tax advisory and indirect tax advisory. The direct advisory is further segregated into income tax, corporate tax, property tax, capital gains tax and others. The capital gains tax is further segmented into long-term capital gain and short-term capital gain. Depending on organization size, it is fragmented into large enterprises and small and medium-sized enterprises. The industry vertical segment is segmented into banking, financial services, & insurance (BFSI), IT & telecom, manufacturing, retail & e-commerce, public sector, healthcare, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The tax advisory services market analysis includes top companies operating in the market such as Accenture Inc., Aon PLC, Bank of America Corporation, Citigroup Inc., CGI, Inc., Cognizant, CSC Consulting Services, CREDIT SUISSE GROUP AG, Deloitte, Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, Northern Trust Corporation, PwC, Wells Fargo, Tax scouts, and Taxfyle. These players have adopted various strategies to increase their market penetration and strengthen their position in the tax advisory services industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides in-depth analysis of the global tax advisory services market along with the current trends and future estimations to illustrate the imminent investment pockets.
- Information about key drivers, restraints, & opportunities and their impact analysis on the global tax advisory services market size are provided in the report.
- The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global tax advisory services market from 2021 to 2031 is provided to determine the market potential.
Key Market Segments
By Organization Size
- Large Enterprises
- Small and Medium-Sized Enterprises
By Type
- Direct Tax Advisory
- Direct Tax Advisory
- Income Tax
- Corporate Tax
- Property Tax
- Capital Gains tax
- Others
- Indirect Tax Advisory
By Industry Vertical
- IT and Telecom
- Manufacturing
- Retail and E-Commerce
- Public Sector
- BFSI
- Healthcare
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Accenture Inc.
- Aon PLC.
- Bank of America Corporation
- Citigroup Inc.
- CGI, Inc.
- Cognizant
- CSC consulting services
- CREDIT SUISSE GROUP AG
- Deloitte
- Goldman Sachs
- JPMorgan Chase & Co.
- Morgan Stanley
- Northern Trust Corporation
- PWC
- Wells Fargo
- Tax Scouts
- Taxfyle
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: TAX ADVISORY SERVICES MARKET, BY TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Direct Tax Advisory
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.2.4 Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 4.2.4.1 Income Tax Market size and forecast, by region
- 4.2.4.2 Income Tax Market size and forecast, by country
- 4.2.4.3 Corporate Tax Market size and forecast, by region
- 4.2.4.4 Corporate Tax Market size and forecast, by country
- 4.2.4.5 Property Tax Market size and forecast, by region
- 4.2.4.6 Property Tax Market size and forecast, by country
- 4.2.4.7 Capital Gains tax Market size and forecast, by region
- 4.2.4.8 Capital Gains tax Market size and forecast, by country
- 4.2.4.9 Others Market size and forecast, by region
- 4.2.4.10 Others Market size and forecast, by country
- 4.3 Indirect Tax Advisory
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
CHAPTER 5: TAX ADVISORY SERVICES MARKET, BY ORGANIZATION SIZE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Large Enterprises
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Small and Medium-Sized Enterprises
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: TAX ADVISORY SERVICES MARKET, BY INDUSTRY VERTICAL
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 BFSI
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 IT and Telecom
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 Manufacturing
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 Retail and E-Commerce
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
- 6.6 Public Sector
- 6.6.1 Key market trends, growth factors and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market analysis by country
- 6.7 Healthcare
- 6.7.1 Key market trends, growth factors and opportunities
- 6.7.2 Market size and forecast, by region
- 6.7.3 Market analysis by country
- 6.8 Others
- 6.8.1 Key market trends, growth factors and opportunities
- 6.8.2 Market size and forecast, by region
- 6.8.3 Market analysis by country
CHAPTER 7: TAX ADVISORY SERVICES MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Type
- 7.2.2.1 North America Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.2.3 North America Market size and forecast, by Organization Size
- 7.2.4 North America Market size and forecast, by Industry Vertical
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Type
- 7.2.5.1.1.1 U.S. Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.2.5.1.2 Market size and forecast, by Organization Size
- 7.2.5.1.3 Market size and forecast, by Industry Vertical
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Type
- 7.2.5.2.1.1 Canada Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.2.5.2.2 Market size and forecast, by Organization Size
- 7.2.5.2.3 Market size and forecast, by Industry Vertical
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Type
- 7.3.2.1 Europe Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.3 Europe Market size and forecast, by Organization Size
- 7.3.4 Europe Market size and forecast, by Industry Vertical
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 UK
- 7.3.5.1.1 Market size and forecast, by Type
- 7.3.5.1.1.1 UK Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.1.2 Market size and forecast, by Organization Size
- 7.3.5.1.3 Market size and forecast, by Industry Vertical
- 7.3.5.2 Germany
- 7.3.5.2.1 Market size and forecast, by Type
- 7.3.5.2.1.1 Germany Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.2.2 Market size and forecast, by Organization Size
- 7.3.5.2.3 Market size and forecast, by Industry Vertical
- 7.3.5.3 France
- 7.3.5.3.1 Market size and forecast, by Type
- 7.3.5.3.1.1 France Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.3.2 Market size and forecast, by Organization Size
- 7.3.5.3.3 Market size and forecast, by Industry Vertical
- 7.3.5.4 Italy
- 7.3.5.4.1 Market size and forecast, by Type
- 7.3.5.4.1.1 Italy Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.4.2 Market size and forecast, by Organization Size
- 7.3.5.4.3 Market size and forecast, by Industry Vertical
- 7.3.5.5 Spain
- 7.3.5.5.1 Market size and forecast, by Type
- 7.3.5.5.1.1 Spain Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.5.2 Market size and forecast, by Organization Size
- 7.3.5.5.3 Market size and forecast, by Industry Vertical
- 7.3.5.6 Netherlands
- 7.3.5.6.1 Market size and forecast, by Type
- 7.3.5.6.1.1 Netherlands Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.6.2 Market size and forecast, by Organization Size
- 7.3.5.6.3 Market size and forecast, by Industry Vertical
- 7.3.5.7 Rest of Europe
- 7.3.5.7.1 Market size and forecast, by Type
- 7.3.5.7.1.1 Rest of Europe Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.3.5.7.2 Market size and forecast, by Organization Size
- 7.3.5.7.3 Market size and forecast, by Industry Vertical
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Type
- 7.4.2.1 Asia-Pacific Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.3 Asia-Pacific Market size and forecast, by Organization Size
- 7.4.4 Asia-Pacific Market size and forecast, by Industry Vertical
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Type
- 7.4.5.1.1.1 China Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.1.2 Market size and forecast, by Organization Size
- 7.4.5.1.3 Market size and forecast, by Industry Vertical
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Type
- 7.4.5.2.1.1 Japan Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.2.2 Market size and forecast, by Organization Size
- 7.4.5.2.3 Market size and forecast, by Industry Vertical
- 7.4.5.3 India
- 7.4.5.3.1 Market size and forecast, by Type
- 7.4.5.3.1.1 India Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.3.2 Market size and forecast, by Organization Size
- 7.4.5.3.3 Market size and forecast, by Industry Vertical
- 7.4.5.4 Australia
- 7.4.5.4.1 Market size and forecast, by Type
- 7.4.5.4.1.1 Australia Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.4.2 Market size and forecast, by Organization Size
- 7.4.5.4.3 Market size and forecast, by Industry Vertical
- 7.4.5.5 South Korea
- 7.4.5.5.1 Market size and forecast, by Type
- 7.4.5.5.1.1 South Korea Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.5.2 Market size and forecast, by Organization Size
- 7.4.5.5.3 Market size and forecast, by Industry Vertical
- 7.4.5.6 Singapore
- 7.4.5.6.1 Market size and forecast, by Type
- 7.4.5.6.1.1 Singapore Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.6.2 Market size and forecast, by Organization Size
- 7.4.5.6.3 Market size and forecast, by Industry Vertical
- 7.4.5.7 Rest of Asia-Pacific
- 7.4.5.7.1 Market size and forecast, by Type
- 7.4.5.7.1.1 Rest of Asia-Pacific Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.4.5.7.2 Market size and forecast, by Organization Size
- 7.4.5.7.3 Market size and forecast, by Industry Vertical
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Type
- 7.5.2.1 LAMEA Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.5.3 LAMEA Market size and forecast, by Organization Size
- 7.5.4 LAMEA Market size and forecast, by Industry Vertical
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Type
- 7.5.5.1.1.1 Latin America Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.5.5.1.2 Market size and forecast, by Organization Size
- 7.5.5.1.3 Market size and forecast, by Industry Vertical
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Type
- 7.5.5.2.1.1 Middle East Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.5.5.2.2 Market size and forecast, by Organization Size
- 7.5.5.2.3 Market size and forecast, by Industry Vertical
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Type
- 7.5.5.3.1.1 Africa Direct Tax Advisory Tax Advisory Services Market by Direct Tax Advisory
- 7.5.5.3.2 Market size and forecast, by Organization Size
- 7.5.5.3.3 Market size and forecast, by Industry Vertical
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 Accenture Inc.
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 Aon PLC.
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 Bank of America Corporation
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 Citigroup Inc.
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 CGI, Inc.
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 Cognizant
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 CSC consulting services
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 CREDIT SUISSE GROUP AG
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 Deloitte
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 Goldman Sachs
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
- 9.11 JPMorgan Chase & Co.
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
- 9.12 Morgan Stanley
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
- 9.13 Northern Trust Corporation
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments
- 9.14 PWC
- 9.14.1 Company overview
- 9.14.2 Company snapshot
- 9.14.3 Operating business segments
- 9.14.4 Product portfolio
- 9.14.5 Business performance
- 9.14.6 Key strategic moves and developments
- 9.15 Wells Fargo
- 9.15.1 Company overview
- 9.15.2 Company snapshot
- 9.15.3 Operating business segments
- 9.15.4 Product portfolio
- 9.15.5 Business performance
- 9.15.6 Key strategic moves and developments
- 9.16 Tax Scouts
- 9.16.1 Company overview
- 9.16.2 Company snapshot
- 9.16.3 Operating business segments
- 9.16.4 Product portfolio
- 9.16.5 Business performance
- 9.16.6 Key strategic moves and developments
- 9.17 Taxfyle
- 9.17.1 Company overview
- 9.17.2 Company snapshot
- 9.17.3 Operating business segments
- 9.17.4 Product portfolio
- 9.17.5 Business performance
- 9.17.6 Key strategic moves and developments