Press release
Tax Software Market to Witness Huge Growth by 2025 | Leading Key Players- Avalara ,Vertex, Inc. , SOVOS , H&R Block, EGov Systems
Tax Software Market
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Summary
Market Overview: Tax Software is the type of computer software which used to do financial activities related to tax. Additionally, Tax software can help to understand the process of filing tax through tax forms and also automatically calculates a corporation's or person’s tax compulsions. Tax software is used by individuals or enterprises for filing income, income tax, VAT, customs, sales tax, service tax, and similar tax.. Some of the key players profiled in the study are Avalara (United States) , Vertex, Inc. (United States) , SOVOS (United States) , H&R Block (United States) , EGov Systems (United States) , Intuit Inc. (United States) , Xero (New Zealand) , Thomson Reuters (United States) , Wolters Kluwer (Netherlands) and Drake Software (United States).
Market Dynamics
Market Trend
• Rising Investment in Digital Solutions
• Increasing Demand of Automated Business Applications
Market Drivers
• Fueling Demand of Advance Features Providing Electronic Accounting Solutions
• Up Surging Demand of Tax Software
Opportunities
• Mounting Advanced Technological Features in Emerging Economics
Major Market Developments
On 31st July 2018, Xero has acquired Hubdoc, a leading data capture solution that helps accountants, bookkeepers, and small businesses streamline administrative tasks such as financial document collection and data entry.
Target Audience
Tax Software Manufactures , Tax Software Distributors , Financial Industry , Industry Association , Potential Investors , Private Research Institutes , Government Research Institutes and Others
The following are the major objectives of the study
• To define, describe, and forecast the Global Tax Software market on the basis of product [] , application [Individuals and Commercial Enterprises], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Tax Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Tax Software industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
While framing the research framework, major and emerging players operating in the Tax Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Table of Contents
1 Market Overview
1.1 ?Tax Software Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 ?Tax Software Type and Applications
2.1.3 ?Tax Software Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global ?Tax Software Market Competition, by Manufacturer
3.1 Global ?Tax Software Sales and Market Share by Manufacturer (2016-2017)
3.2 Global ?Tax Software Revenue and Market Share by Manufacturer (2016-2017)
3.3 Global ?Tax Software Price by Manufacturer (2016-2017)
3.4 Market Concentration Rate
3.4.1 Top 3 ?Tax Software Manufacturer Market Share in 2017
3.4.2 Top 5 ?Tax Software Manufacturer Market Share in 2017
3.5 Market Competition Trend
4 Global ?Tax Software Market Analysis by Regions
4.1 Global ?Tax Software Sales, Revenue and Market Share by Regions
4.1.1 Global ?Tax Software Sales by Regions (2013-2018)
4.1.2 Global ?Tax Software Revenue by Regions (2013-2018)
4.2 North America ?Tax Software Sales, Revenue and Growth Rate (2013-2018)
4.3 Europe ?Tax Software Sales, Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific ?Tax Software Sales, Revenue and Growth Rate (2013-2018)
4.5 South America ?Tax Software Sales, Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa ?Tax Software Sales, Revenue and Growth Rate (2013-2018)
....Continued
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