New Jersey, USA -- (SBWIRE) -- 10/12/2022 -- The latest study released on the Global Digital Transformation in Tax Technology Market by AMA Research evaluates market size, trend, and forecast to 2027. The Digital Transformation in Tax Technology market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Avalara(United States), Ryan(United States), The Sage Group (United Kingdom), Sovos Compliance(United States), Taxjar (United States), Thomson Reuters(Canada), Vertex (United States), Wolters Kluwer (CCH Incorporated) (Netherlands), KPMG Global (Switzerland), IBM(United States)
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Definition:
In the past few years, the digital wave has become stronger and the business case for the adoption of new technologies in the tax function has gained further momentum, the digital transformation can significantly improve the lives of tax administrators and taxpayers. The revolutionary IT platform Goods and Digital Transformation in Tax Technology offers a common platform for registration, return filing and e-payment, it enhances the number and types of taxpayer services, engaging citizens. Tax gaps remain a big problem for many countries, According to the Global Financial Integrity, estimates that developing countries lose nearly USD 1 trillion a year to illicit financial flows and The most recent IRS gross tax gap projected a loss of USD458 billion in the U.S. in one year
Market Trends:
- The emergence of the Certain technology trends, including Big Data, analytics, artificial intelligence (AI), machine learning, the Internet of Things (IoT) are all having a huge impact on tax administrations
Market Drivers:
- Increasing use of digital transformation in Tax Technology of Tax authorities owing to harnessing the power of new technologies such as big data and advanced analytics to improve tax administration
- Tax authorities are increasingly becoming digital and g
Market Opportunities:
- Digitalization and emerging technologies have opened the factors of growth opportunities for businesses, and for tax administrators
The Global Digital Transformation in Tax Technology Market segments and Market Data Break Down are illuminated below:
by Application (Small and Medium Enterprises, Large Enterprises), Deployment Mode (Cloud-based, On premise), Payer types (Online, Offline), Services and communications (Governments and other government administrations, Government and citizens (G2C), Government and business (G2B)), Functionality (E-file, E-accounting, E-match, E-Audit, E-Assess)
Global Digital Transformation in Tax Technology market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- -To carefully analyze and forecast the size of the Digital Transformation in Tax Technology market by value and volume.
- -To estimate the market shares of major segments of the Digital Transformation in Tax Technology market.
- -To showcase the development of the Digital Transformation in Tax Technology market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Digital Transformation in Tax Technology market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Digital Transformation in Tax Technology market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Digital Transformation in Tax Technology market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Digital Transformation in Tax Technology Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Digital Transformation in Tax Technology market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Digital Transformation in Tax Technology Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Digital Transformation in Tax Technology Market Production by Region Digital Transformation in Tax Technology Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Digital Transformation in Tax Technology Market Report:
- Digital Transformation in Tax Technology Overview, Definition and Classification Market drivers and barriers
- Digital Transformation in Tax Technology Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Digital Transformation in Tax Technology Market
- Digital Transformation in Tax Technology Capacity, Production, Revenue (Value) by Region (2022-2027)
- Digital Transformation in Tax Technology Supply (Production), Consumption, Export, Import by Region (2022-2027)
- Digital Transformation in Tax Technology Market Analysis by Application {Small and Medium Enterprises, Large Enterprises}
- Digital Transformation in Tax Technology Manufacturers Profiles/Analysis Digital Transformation in Tax Technology Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
- How feasible is Digital Transformation in Tax Technology market for long-term investment?
- What are influencing factors driving the demand for Digital Transformation in Tax Technology near future?
- What is the impact analysis of various factors in the Global Digital Transformation in Tax Technology market growth?
- What are the recent trends in the regional market and how successful they are?
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