Scope of the Study
Artificial Intelligence in Tax Compliance offers users a tool kit to build intelligent applications. This platform combines intelligent, decision-making algorithms with data, that enables developers to create a business solution. Also, itís an industry which deals with complex data intertwined with various regulatory bodies and frameworks, and that data provides substantial foundations for the application of machine learning and AI.
The market study is being classified and major geographies with country level break-up.
IBM (United States), Ernst & Young (United Kingdom), Deloitte (United Kingdom) and Price water house Coopers (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Artificial Intelligence In Tax Compliance market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Artificial Intelligence In Tax Compliance market by Type, Application and Region.
On the basis of geography, the market of Artificial Intelligence In Tax Compliance 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing volume of data is leading to demand for AI in tax compliance
- Adoption of technology for maintenance of complex data
- Lack of awareness about the solutions
- Rising government investments on technology
- Strong competition among the major players
Key Target AudienceAI in tax compliance Solutions providers, Government associations, Research organisations, Software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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