North America Tax IT Software Market to 2032

Overview

The North America Tax IT Software Market is expected to reach a 15.65 USD Billion by 2032 and is projected to grow at a CAGR of 11.17% from 2025 to 2032.

Revenue, 2024 (USD Billion)

7.46

Forecast, 2032 (USD Billion)

15.65

CAGR, 2024 - 2032

11.17%

Report Coverage

North America

North America Tax IT Software Market 2018-2032 USD Billion

North America Tax IT Software Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 7.46 USD Billion
Projected Market Size (2032): 15.65 USD Billion
CAGR (2025-2032): 11.17%

Key Findings of North America Tax IT Software Market

The North America Tax IT Software Market was valued at 7.46 USD Billion in 2024.
The North America Tax IT Software Market is likely to grow at a CAGR of 11.17% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Cloud in Deployment Mode Segment accounted for the largest share of the market with a revenue of 5.26 USD Billion
The fastest growing segment Banking, Financial Services, and Insurance (BFSI) in Industry Segment grew Fastest with a CAGR of 13.69% during the forecast period from 2024 to 2032.

North America Tax IT Software Market Scope

North America Tax IT Software Market Segmentation & Scope

Offering

Services
Software

Industry

Others
Energy and Utilities
Media and Entertainment
Healthcare
Retail and Consumer Goods
Manufacturing
IT and Telecommunications
Banking, Financial Services, and Insurance (BFSI)

Revenue Model

One-Time Purchase
Subscription Based

Organization Size

Small and Medium-Sized Enterprises
Large Enterprises

Deployment Mode

On-Premises
Cloud

Tax Type

Others
Property Tax
Corporate Tax
Income Tax

North America Tax IT Software Market Data Coverage Insights

Study Period	2024-2032
Base Year	2023
Unit	Revenue in USD Billion
Market Value in 2024	7.46 USD Billion
Market Value in 2032	15.65 USD Billion
CAGR (2025-2032)	11.17%
Historic Data	2016-2023
Market Segments Covered	Offering,Industry,Revenue Model,Organization Size,Deployment Mode,Tax Type

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 7.46 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 5,257.56 USD Million in 2024.

Segments and Scope

North America Tax IT Software Market to 2032, By Offering
- Software is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 4.13 USD Billion in the year 2024.
- Software is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 11.46 % in forecast period 2025-2032.
North America Tax IT Software Market to 2032, By Industry
- Banking, Financial Services, and Insurance (BFSI) is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 1.92 USD Billion in the year 2024.
- Banking, Financial Services, and Insurance (BFSI) is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 13.69 % in forecast period 2025-2032.
North America Tax IT Software Market to 2032, By Revenue Model
- Subscription Based is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 4.83 USD Billion in the year 2024.
- Subscription Based is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 11.33 % in forecast period 2025-2032.
North America Tax IT Software Market to 2032, By Organization Size
- Large Enterprises is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 4.04 USD Billion in the year 2024.
- Large Enterprises is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 11.52 % in forecast period 2025-2032.
North America Tax IT Software Market to 2032, By Deployment Mode
- Cloud is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 5.26 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 11.36 % in forecast period 2025-2032.
North America Tax IT Software Market to 2032, By Tax Type
- Income Tax is the largest segment in North America Tax IT Software Market to 2032 with a revenue of 3.02 USD Billion in the year 2024.
- Income Tax is the Fastest growing segment in North America Tax IT Software Market to 2032 with a Growth rate of 11.54 % in forecast period 2025-2032.

North America Tax IT Software Market Company Share Analysis

Company Name
Microsoft
ADP, Inc.
Yayoi Co., Ltd.
Wolters Kluwer N.V. and/or its subsidiaries
Stripe, Inc.

North America Tax IT Software Market Geographical Sales Distribution, 2018-2032 USD Billion

North America Tax IT Software Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Tax IT Software Market?

The North America Tax IT Software Market is segmented based on Segmentation Offering,Industry,Revenue Model,Organization Size,Deployment Mode,Tax Type .

What is the current market size of the North America Tax IT Software Market?

North America Tax IT Software Market was valued at USD 7.46(Revenue in USD Billion) in 2023.

What is the expected growth rate of the North America Tax IT Software Market?

North America Tax IT Software Market is projected to grow at a CAGR of 11.17% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Tax IT Software Market?

The Cloud segment is expected to dominate the North America Tax IT Software Market, holding a largest market share of 5.26 USD Billion in 2024