MarketResearchNest.com
adds “Global Sales Tax Software Market
Growth (Status and Outlook) 2019-2024”new report to its research database.
This report studies the Sales Tax Software market. Sales Tax
Software helps businesses of all sizes achieve compliance with sales tax, VAT,
excise tax, and other transactional tax requirements. Cloud-based Sales Tax
Software solutions is designed to effectively manage complicated and burdensome
tax compliance obligations imposed by state, local, and other taxing
authorities in the North America and internationally.
North America ranks the top in terms of production volume of
Sales Tax Software worldwide, it consists of 37.06% of the global market in
2016. Europe comes the second, with 19.00% of the global market. China occupies
10.86% of the global Sales Tax Software market in the same year. All the other
regions combined occupies 18.24% of the global Sales Tax Software market.
Thomson Reuters ranks the first in terms of revenue share in
global market of Sales Tax Software, occupies 33.12% of the global market share
in 2016; While, Wolters Kluwer, with a market share of 13.76%, comes the
second; All the other manufacturers which are not included in the report
together consist of only 28.94% of the global market in 2016.
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According to this study, over the next five years the Sales
Tax Software market will register a 0.3% CAGR in terms of revenue, the global
market size will reach US$ 870 million by 2024, from US$ 850 million in 2019.
In particular, this report presents the global revenue market share of key
companies in Sales Tax Software business, shared in Chapter 3.
This report presents a comprehensive overview, market shares
and growth opportunities of Sales Tax Software market by product type,
application, key companies and key regions.
This study considers
the Sales Tax Software value and volume generated from the sales of the
following segments:
Segmentation by
product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to
2024 in section 10.7.
·
Cloud
Based
·
On-Premises
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 10.8.
·
Small
Business
·
Midsize
Enterprise
·
Large
Enterprise
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Avalara
·
Vertex, Inc.
·
SOVOS
·
AccurateTax.com
·
EGov Systems
·
CFS Tax Software
·
Xero
·
Thomson Reuters
·
Exactor
·
Wolters Kluwer
·
FedTax
·
Sales Tax DataLINK
·
PrepareLink LLC
·
LumaTax
·
LegalRaasta.com
·
Service Objects
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key players and the market as a whole. It
also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global Sales Tax
Software market size by key regions/countries, product type and application,
history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Sales Tax
Software market by identifying its various subsegments.
·
Focuses on the key global Sales Tax Software
players, to define, describe and analyze the value, market share, market
competition landscape, SWOT analysis and development plans in next few years.
·
To analyze the Sales Tax Software with respect
to individual growth trends, future prospects, and their contribution to the
total market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the size of Sales Tax Software
submarkets, with respect to key regions (along with their respective key
countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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