Report overview
The R&D Tax Credit, also known as the Research and Experimentation (R&E) tax credit, is a federal benefit that provides companies dollar-for-dollar cash savings for performing activities related to the development, design, or improvement of products, processes, formulas, or software.
This report aims to provide a comprehensive presentation of the global market for R&D Tax Credit Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding R&D Tax Credit Services. This report contains market size and forecasts of R&D Tax Credit Services in global, including the following market information:
Global R&D Tax Credit Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global R&D Tax Credit Services market was valued at US$ 2432.6 million in 2022 and is projected to reach US$ 4184.6 million by 2029, at a CAGR of 8.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global important companies in R&D tax credit services includes PwC, EY, Deloitte and KPMG. They shares over 45% of the market. The service of R&D tax credit services is concentrated on America. In terms of type, Large Enterprise holds a well share of over 70%, while SMEs only takes nearly 30%. In terms of application, electronic industry takes of 20%, followed by information technology and chemical industry of 16%.
We surveyed the R&D Tax Credit Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global R&D Tax Credit Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global R&D Tax Credit Services Market Segment Percentages, by Type, 2022 (%)
Large Enterprise
SMEs
Global R&D Tax Credit Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global R&D Tax Credit Services Market Segment Percentages, by Application, 2022 (%)
Information Technology
Chemical Industry
Electronic Industry
Transportation Equipment
Scientific Research and Development Services
Machinery
Finance and Insurance
Others
Global R&D Tax Credit Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global R&D Tax Credit Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies R&D Tax Credit Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies R&D Tax Credit Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PwC
EY
Deloitte
KPMG
RSM US
BDO USA
CBIZ
BKD
Withum Smith+Brown
Alvarez & Marsal Holdings
Think
SOURCE ADVISORS
Anchin
Global Tax Management
Engineered Tax Services
RKL
Hull & Knarr
KBKG
Clarus Credits
Tri-Merit
Outline of Major Chapters:
Chapter 1: Introduces the definition of R&D Tax Credit Services, market overview.
Chapter 2: Global R&D Tax Credit Services market size in revenue.
Chapter 3: Detailed analysis of R&D Tax Credit Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of R&D Tax Credit Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
