According to AMA, the Tax Software market will register a CAGR of above 10.2% by 2024. The study covers a detailed analysis segmented by key business segments i.e. , by application (Individuals and Commercial Enterprises) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Tax Software market throughout the predicted period.
The competition is expected to become even more intense in the coming years with the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Tax Software market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- 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)
- Drake Software (United States)
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.
Rising Investment in Digital Solutions and Increasing Demand of Automated Business Applications
Mounting Advanced Technological Features in Emerging Economics
Key highlights of the Global Tax Software market Study:
CAGR of the market during the forecast period 2018-2024
Detailed information on factors that will accelerate the growth of the Tax Software market for the next five years.
Forecast of the Global Tax Software market size and its contribution to the parent market by type, application and by country.
Insights on upcoming trends and changes in consumer behaviour
Uncovering markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Tax Software Players
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tax Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tax Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Tax Software Manufactures, Tax Software Distributors, Financial Industry, Industry Association, Potential Investors, Private Research Institutes, Government Research Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.