Sales Tax Software Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

Sales Tax Software Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025

The report on the global sales tax software market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global sales tax software market to grow with a CAGR of 8.5% over the forecast period from 2019-2025. The study on sales tax software market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on sales tax software market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global sales tax software market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global sales tax software market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
The growing penetration of the internet and rising software awareness among people
Growing demand for sales process automation and developing technologies
2) Restraints
Huge initial investments for sales tax software installation and the need for skilled professionals to use this software
3) Opportunities
The market creates an opportunity for vendors across India, Germany, China, and the U.K. to develop new tax software

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global sales tax software market is segmented on the basis of solution, deployment, vertical, and end-user.

The Global Sales Tax Software Market by Solution
Tax Management
Automatic Tax Filings
Exemption Certificate Management
Other Solutions

The Global Sales Tax Software Market by Deployment
Cloud
On-Premise

The Global Sales Tax Software Market by Vertical
Banking
Healthcare
Financial Services
Insurance (BFSI)
Transportation
Telecommunication & IT
Retail
Food Services
Manufacturing
Energy and Utilities
Others

The Global Sales Tax Software Market by End-User
Individuals
Commercial Enterprises


Company Profiles
The companies covered in the report include
APEX Analytix
Avalara Inc.
CCH Incorporated
eDocSolutions
Ryan LLC
Sage Intacct, Inc.
Sales Tax DataLINK
Vertex, Inc.
Zoho Corporation Pvt. Ltd.
Thomson Reuters

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the sales tax software market.
2. Complete coverage of all the segments in the sales tax software market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global sales tax software market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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