The global sales tax software market is expected to grow at a CAGR of 7.2% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for automation in various industries and the need for accurate and timely tax calculations. The cloud-based segment is expected to grow at a higher CAGR than other segments due to its scalability, flexibility, and cost-effectiveness.
The global sales tax software market can be segmented on the basis of type into cloud-based, premises-based, and sales tax softwares; on the basis of application into small business, midsize enterprise, and large enterprise; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing number of online retailers and the growing popularity of e-commerce is driving the growth of sales tax software market.
- The increasing number of small businesses in developing countries is also driving the growth of sales tax software market.
- The need for automation in taxation process is also driving the growth of sales tax software market.
- Increasing awareness about compliance with taxation laws and regulations is also driving the growth of sales tax software market.
- Increasing demand for cloud-based solutions to manage taxes.
Industry Growth Insights published a new data on “Sales Tax Software Market”. The research report is titled “Sales Tax Software Market research by Types (Cloud Based, On-Premises, Sales Tax Softwar), By Applications (Small Business, Midsize Enterprise, Large Enterprise), By Players/Companies 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, Sales Tax Softwar”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sales Tax Software Market Research Report
By Type
Cloud Based, On-Premises, Sales Tax Softwar
By Application
Small Business, Midsize Enterprise, Large Enterprise
By Companies
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, Sales Tax Softwar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sales Tax Software Market Report Segments:
The global Sales Tax Software market is segmented on the basis of:
Types
Cloud Based, On-Premises, Sales Tax Softwar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Business, Midsize Enterprise, Large Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
- Sales Tax Softwar
Highlights of The Sales Tax Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premises
- Sales Tax Softwar
- By Application:
- Small Business
- Midsize Enterprise
- Large Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sales Tax Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sales tax software is a computer application that helps businesses calculate and collect sales taxes.
Some of the major companies in the sales tax software market are 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, Sales Tax Softwar.
The sales tax software market is expected to grow at a compound annual growth rate of 7.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sales Tax Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sales Tax Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sales Tax Software Market - Supply Chain
4.5. Global Sales Tax Software Market Forecast
4.5.1. Sales Tax Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sales Tax Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sales Tax Software Market Absolute $ Opportunity
5. Global Sales Tax Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sales Tax Software Market Size and Volume Forecast by Type
5.3.1. Cloud Based
5.3.2. On-Premises
5.3.3. Sales Tax Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sales Tax Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sales Tax Software Market Size and Volume Forecast by Application
6.3.1. Small Business
6.3.2. Midsize Enterprise
6.3.3. Large Enterprise
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sales Tax Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sales Tax Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sales Tax Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sales Tax Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sales Tax Software Demand Share Forecast, 2019-2026
9. North America Sales Tax Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sales Tax Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sales Tax Software Market Size and Volume Forecast by Application
9.4.1. Small Business
9.4.2. Midsize Enterprise
9.4.3. Large Enterprise
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sales Tax Software Market Size and Volume Forecast by Type
9.7.1. Cloud Based
9.7.2. On-Premises
9.7.3. Sales Tax Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sales Tax Software Demand Share Forecast, 2019-2026
10. Latin America Sales Tax Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sales Tax Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sales Tax Software Market Size and Volume Forecast by Application
10.4.1. Small Business
10.4.2. Midsize Enterprise
10.4.3. Large Enterprise
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sales Tax Software Market Size and Volume Forecast by Type
10.7.1. Cloud Based
10.7.2. On-Premises
10.7.3. Sales Tax Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sales Tax Software Demand Share Forecast, 2019-2026
11. Europe Sales Tax Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sales Tax Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sales Tax Software Market Size and Volume Forecast by Application
11.4.1. Small Business
11.4.2. Midsize Enterprise
11.4.3. Large Enterprise
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sales Tax Software Market Size and Volume Forecast by Type
11.7.1. Cloud Based
11.7.2. On-Premises
11.7.3. Sales Tax Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sales Tax Software Demand Share, 2019-2026
12. Asia Pacific Sales Tax Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sales Tax Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sales Tax Software Market Size and Volume Forecast by Application
12.4.1. Small Business
12.4.2. Midsize Enterprise
12.4.3. Large Enterprise
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sales Tax Software Market Size and Volume Forecast by Type
12.7.1. Cloud Based
12.7.2. On-Premises
12.7.3. Sales Tax Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sales Tax Software Demand Share, 2019-2026
13. Middle East & Africa Sales Tax Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sales Tax Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sales Tax Software Market Size and Volume Forecast by Application
13.4.1. Small Business
13.4.2. Midsize Enterprise
13.4.3. Large Enterprise
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sales Tax Software Market Size and Volume Forecast by Type
13.7.1. Cloud Based
13.7.2. On-Premises
13.7.3. Sales Tax Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sales Tax Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sales Tax Software Market: Market Share Analysis
14.2. Sales Tax Software Distributors and Customers
14.3. Sales Tax Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avalara
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vertex, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SOVOS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AccurateTax.com
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EGov Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CFS Tax Software
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xero
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thomson Reuters
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Exactor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wolters Kluwer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FedTax
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sales Tax DataLINK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PrepareLink LLC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LumaTax
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LegalRaasta.com
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Service Objects
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sales Tax Softwar
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
