(MENAFN- America News Hour) The report covers the forecast and analysis of the sales tax software market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the sales tax software market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the sales tax software market on a global level. In order to give the users of this report a comprehensive view of the treasury software market, we have included a competitive landscape and an analysis of Porter's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are bench marked based on their market size, growth rate, and general attractiveness.
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The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the sales tax software market by segmenting the market based on the solution, platform, deployment, industry vertical, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Massive need for reducing various kinds of errors caused due to wrong calculation of taxes manually has enhanced the market demand during the period from 2019 to 2027. Apart from this, the increase in internet penetration and massive consciousness among the people about the benefits of the sales process automation will drive the business trends over the forecast timeline.
On the basis of solution, the market is sectored into Consumer Use Tax Management, Exemption Certificate Management, and Automatic Tax Filings. On the basis of platform, the industry is divided into Web and Mobile. In terms of deployment, the sales tax software industry is sectored into On-Premise and Cloud-Based.
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Based on the industry vertical, the market is divided into BFSI, Energy & Utilities, Healthcare, Government & Defense, Retail, Manufacturing, Food Services, Transport, and IT & Telecommunications. Based on the end-user, the industry is divided into Individuals and Commercial Enterprises.
Some of the key players in the market include Vertex Global Tax Solutions, Ryan, LLC, APEX Analytix, Avalara Inc., Zoho Corporation Pvt. Ltd., CCH Incorporated, eDocSolutions, Avenu Insights & Analytics, Intuit Inc., Legal Raasta Technologies Pvt. Ltd., LumaTax, Inc., Sage Intacct, Inc., Sales Tax DataLINK, Sovos Compliance, LLC, Thomson Reuters, Xero Limited, and Ireland Holdings.
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