Press release
Indirect Tax Management Market Next Big Thing: Major Giants Avalara, Thomson Reuters, Vertex
Indirect Tax Management Market
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Summary
Global Indirect Tax Management Market Overview:
Some of the key players profiled in the study are Avalara (United States), Automatic Data Processing (United States), Wolters Kluwer N.V (Netherlands), Thomson Reuters (Canada), Intuit (United States), H&R Block (United States), SAP SE (Germany), Blucora (United States), Sovos Compliance (United States), Vertex (United States) and Sailotech (United States).
On the basis of geography, the market of Indirect Tax Management has been segmented into 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). If we see Market by Organization Size, the sub-segment i.e. SMEs will boost the Indirect Tax Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Banking, Financial Services and Insurance (BFSI) will boost the Indirect Tax Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Indirect Tax Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Cloud will boost the Indirect Tax Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
Rising Number of Financial Transactions Across Verticals Due to Digitalization
Complex Nature of the Tax System
Market Trend
Technology Advancements in Indirect Tax Management Software
Restraints
Safety and Security Concern for Confidential Data
High Cost Associated With this Software
Opportunities
Use of the Blockchain Technology
Challenges
Regular Amendments in Tax Laws
Target Audience:
Indirect Tax Management Provider, Government and Regional Agencies, Research Organizations, Consultants, Distributors and End Users
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Indirect Tax Management market on the basis of product , application, 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 Indirect Tax Management 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 Indirect Tax Management 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
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Defmacro Software (India), DAVO Technologies (United States) and Xero (New Zealand).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Indirect Tax Management 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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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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