Tax Tech Market by Tax Compliance & Reporting, Tax Analytics & AI-driven Solutions, Tax Workflow & Document Management - Global Forecast to 2030
전 세계 세무 기술 시장 규모는 2024년 185억 3,000만 달러에서 예측 기간 동안 12.1%의 CAGR로 성장하여 2030년에는 367억 2,000만 달러에 달할 것으로 예상됩니다.
국제 무역의 복잡성과 세계 세제의 변화는 세무 기술 솔루션의 수요 창출에 큰 역할을 할 것으로 보입니다. 기업이 세계화됨에 따라 다양한 세제, 컴플라이언스, 보고 기준에 대한 대응에 어려움을 겪게 됩니다. 따라서 실시간 자동화된 세무 관리 솔루션이 절실히 요구되고 있습니다. 세무 기술 솔루션은 정확성, 효율성, 투명성을 높여 기업이 컴플라이언스 리스크를 최소화하고 변화하는 규제에 신속하게 대응할 수 있도록 지원합니다. 전 세계 세무 당국의 투명성 강화에 대한 압박이 커지면서 디지털 세무 플랫폼으로의 전환이 가속화되고 있습니다.
| 조사 범위 |
| 조사 대상 연도 |
2019-2030년 |
| 기준 연도 |
2023년 |
| 예측 기간 |
2024-2030년 |
| 단위 |
달러 |
| 부문 |
제공, 세금 유형, 전개 방식, 조직 규모, 산업별 |
| 대상 지역 |
북미, 유럽, 아시아태평양, 중동 및 아프리카, 라틴아메리카 |
"제공 부문별로는 전문 서비스 부문이 예측 기간 동안 가장 큰 CAGR을 보일 것으로 예상됩니다."
전문 서비스 부문은 고급 세무 솔루션 도입 및 운영에 대한 전문가 조언에 대한 수요가 증가함에 따라 예측 기간 동안 가장 큰 CAGR을 보일 것으로 예상됩니다. 변화하는 세법에 대응하고 업무를 자동화하기 위해 점점 더 많은 기업들이 세무 툴을 디지털화함에 따라 시스템 통합, 커스터마이징, 교육, 유지보수 등의 전문 서비스가 필요한 경향이 있습니다. 전문 서비스 기업들은 세무 업무의 극대화, 컴플라이언스 리스크 최소화, 정확성 향상을 위한 맞춤형 컨설팅 및 도입 서비스를 제공하고 있습니다. 또한, 다양한 세무 관할권으로 진출하는 기업의 국제화도 사업 확장에 박차를 가하고 있으며, 현지에 기반을 둔 지식과 전략적 세무 계획이 필요합니다. 또한, 각국 정부가 컴플라이언스 및 전자신고 요건을 강화함에 따라 기업들은 원활한 디지털 전환을 위해 외부 자문사에 접근하고 있으며, 이는 세무 기술 업계의 전문 서비스 수요를 촉진하고 있습니다.
산업별로는 BFSI 부문이 예측 기간 동안 가장 큰 점유율을 차지할 것으로 예상됩니다."
BFSI 부문은 복잡한 금융 업무와 엄격한 규제 요건을 다루기 때문에 시장을 선도할 것으로 예상됩니다. 금융기관과 은행은 매일 수많은 거래를 처리하고 있으며, 다양한 국가에서 거래가 이루어지기 때문에 효과적이고 기계화된 세금 제도의 활용이 필수적입니다. 세무 기술 솔루션은 이러한 기업들이 끊임없이 변화하는 세무 규정을 파악하고, 수작업을 최소화하며, 실수나 규정 준수 실패를 방지할 수 있도록 돕습니다. 디지털화가 진행됨에 따라 대부분의 BFSI 기업들은 세무 업무의 효율성을 높이기 위해 클라우드 기반 서비스, AI 기반 분석, 자동화를 도입하고 있습니다. 이러한 기술은 업무를 단순화할 뿐만 아니라 시간을 절약하고 위험도를 낮추는 데 도움이 되고 있으며, BFSI 업계는 세무 기술에 대한 적극적인 접근을 통해 시장 혁신을 주도하고 있습니다.
"지역별로는 유럽이 예측 기간 동안 두 번째로 높은 점유율을 차지할 것으로 예상됩니다."
디지털 전환의 가속화와 규제 의무의 급증으로 유럽은 예측 기간 동안 두 번째로 높은 시장 점유율을 차지할 것으로 예상되며, EU의 Vida(VAT in the Digital Age) 패키지와 같은 이니셔티브는 전자 인보이스 발행 의무화, 디지털 보고 강화, 국경 간 VAT 절차 간소화를 통해 이 지역의 세무 환경을 변화시키고 있습니다. 디지털 보고 강화, 국경 간 VAT 절차 간소화 등을 통해 이 지역의 조세 환경을 변화시키고 있습니다. 또한, OECD의 BEPS 2.0 Pillar Two와 EU의 진화하는 DAC 프레임워크(DAC7, DAC8)도 투명성을 높이고, AI를 활용한 세무 자동화 및 클라우드 기반 컴플라이언스 소프트웨어를 도입하도록 주요 기업들을 독려하고 있습니다. 이탈리아의 SDI와 프랑스의 CTC 모델과 같은 국가 차원의 프레임워크도 첨단 디지털 세무 아키텍처에 대한 유럽의 의지를 반영하고 있습니다.
세계의 세무 기술 시장을 조사했으며, 시장 개요, 시장 성장에 영향을 미치는 각종 영향요인 분석, 기술·특허 동향, 법·규제 환경, 사례 분석, 시장 규모 추정 및 예측, 각종 부문별·지역별·주요 국가별 상세 분석, 경쟁 구도, 주요 기업 개요 등의 정보를 정리하여 전해드립니다.
목차
제1장 소개
제2장 조사 방법
제3장 주요 요약
제4장 주요 인사이트
제5장 시장 개요와 업계 동향
- 시장 역학
- 사례 연구 분석
- 생태계 분석
- 밸류체인 분석
- 가격 분석
- 특허 분석
- 기술 분석
- 규제 상황
- Porter's Five Forces 분석
- 주요 회의와 이벤트
- 구매자에 영향을 미치는 동향/혼란
- 구입 프로세스의 주요 이해관계자
- 구입 기준
- 비즈니스 모델 분석
- 투자와 자금 조달 시나리오
- AI/생성형 AI가 세무 기술 시장에 미치는 영향
제6장 세무 기술 시장 : 제공별
- 솔루션
- 세무 컴플라이언스 및 리포팅
- 세무 애널리틱스 및 AI 주도형 솔루션
- 세무 워크플로우 및 문서 관리
- 전문 서비스
- 컨설팅 및 트레이닝
- 통합 및 배치
- 지원 및 유지보수
제7장 세무 기술 시장 : 전개별
제8장 세무 기술 시장 : 세금 유형별
- 직접세
- 간접세
- 부가가치세(VAT)·물품 서비스세(GST)
- 매출세·사용세
- 소비세
- 관세
- 기타
제9장 세무 기술 시장 : 조직 규모별
제10장 세무 기술 시장 : 산업별
- BFSI
- IT·통신
- 소매·E-Commerce
- 제조
- 헬스케어 및 생명과학
- 정부·공공 부문
- 에너지·유틸리티
- 기타
제11장 세무 기술 시장 : 지역별
- 북미
- 유럽
- 시장 성장 촉진요인
- 영국
- 독일
- 프랑스
- 이탈리아
- 기타
- 아시아태평양
- 중동 및 아프리카
- 시장 성장 촉진요인
- GCC 국가
- 남아프리카공화국
- 기타
- 라틴아메리카
제12장 경쟁 구도
- 시장 점유율 분석
- 매출 분석
- 기업 평가 매트릭스 : 주요 기업
- 브랜드/제품 비교
- 기업 평가 매트릭스 : 스타트업/중소기업
- 주요 벤더의 기업 평가와 재무 지표
- 경쟁 시나리오
제13장 기업 개요
- 주요 기업
- WOLTERS KLUWER
- H&R BLOCK
- AVALARA
- VERTEX, INC.
- THOMSON REUTERS
- SAP
- ADP
- SOVOS
- INTUIT
- XERO
- 기타 기업
- TAXBIT
- RYAN
- TAXACT
- CORVEE
- ANROK
- TAXSLAYER
- FONOA
- TOKEN TAX
- DRAKE SOFTWARE
- TAXJAR
- PICNIC TAX
제14장 인접/관련 시장
제15장 부록
ksm
The global tax tech market will grow from USD 18.53 billion in 2024 to USD 36.72 billion by 2030 at a compounded annual growth rate (CAGR) of 12.1% during the forecast period. The growing complexity of international trade and changing global tax rules will likely play a significant role in creating demand for tax technology solutions. As companies go global, they struggle to cope with various tax regimes, compliance, and reporting standards. This has generated an urgent need for real-time, automated tax management solutions. Tax technology solutions provide increased accuracy, efficiency, and transparency, enabling organizations to minimize compliance risk and respond rapidly to changing regulations. Increasing pressure from worldwide tax authorities for greater transparency also increases the movement towards digital tax platforms.
| Scope of the Report |
|---|
| Years Considered for the Study | 2019-2030 |
| Base Year | 2023 |
| Forecast Period | 2024-2030 |
| Units Considered | USD (Billion) |
| Segments | Offering, Tax Type, Deployment Mode, Organization Size, and Vertical |
| Regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
"Based on offering, the professional services segment is expected to grow at the highest CAGR during the forecast period."
The professional services segment in the tax technology market offering category is projected to grow at the highest CAGR over the forecast period as demand for expert advice in deploying and operating sophisticated tax solutions increases. As companies increasingly go digital with tax tools to keep up with changing tax laws and automate tasks, they tend to need specialized services in integrating systems, customizing, training, and maintenance. Professional service firms provide customized consulting and implementation services that enable organizations to maximize tax operations, minimize compliance risk, and enhance accuracy. The expansion is also fueled by the internationalization of businesses into various tax jurisdictions, which requires localized knowledge and strategic tax planning. In addition, with governments implementing stronger compliance and e-filing requirements, firms are approaching external advisors for seamless digital transformation, thus driving demand for professional services within the tax technology industry.
Based on the verticals, the BFSI segment is expected to have the largest market share during the forecast period.
The BFSI sector is expected to lead the tax tech market because it deals with complex financial operations and stringent regulatory requirements. Financial institutions and banks process a massive number of transactions on a day-to-day basis, sometimes within various nations, so it becomes imperative to use effective, mechanized tax regimes. Tax technology solutions help these companies keep track of constantly evolving tax regulations, minimize manual efforts, and eliminate mistakes or compliance failures. With increasing digitalization, most BFSI firms are embracing cloud-based offerings, AI-enabled analytics, and automation to make their tax functions more efficient. Not only do these technologies simplify operations, but they also help save time and reduce levels of risk. In turn, the BFSI industry is going big on tax technology, leading the charge regarding market innovation.
"Based on the region, Europe is expected to hold the second highest market share during the forecast period."
Based on the region, Europe is expected to hold the second-highest market share in the tax tech market during the forecast period, driven by accelerated digital transformation and a surge in regulatory mandates. Initiatives like the European Commission's VAT in the Digital Age (ViDA) package are transforming the region's tax environment by implementing compulsory e-invoicing, enhancing digital reporting, and simplifying cross-border VAT procedures. In addition, the OECD's BEPS 2.0 Pillar Two and the EU's evolving DAC framework (DAC7 and DAC8) are stimulating greater transparency and leading companies to adopt AI-powered tax automation and cloud-based compliance software. National-level frameworks such as Italy's SDI and France's CTC model reflect the region's commitment to sophisticated digital tax architecture. While these developments solidify Europe's stronghold on the global market, other parts, such as North America, are set to take the lead, pushing Europe to the second-highest rank due to its ongoing but phased regulatory adoption and regional fragmentation.
Breakdown of primaries
We interviewed Chief Executive Officers (CEOs), directors of innovation and technology, system integrators, and executives from several significant tax tech market companies.
- By Company: Tier I: 40%, Tier II: 25%, and Tier III: 35%
- By Designation: C-Level Executives: 25%, Director Level: 37%, and Others: 38%
- By Region: North America: 38%, Europe: 24%, Asia Pacific: 22%, Rest of World: 16%
Some of the significant tax tech market vendors are Wolters Kluwer (Netherlands), H&R Block (US), Avalara (US), and Vertex.inc (US), Thomson Reuters (Canada), SAP (Germany), ADP (US), Sovos (US), Intuit (US) and Xero (New Zealand).
Research coverage:
The market report covered the tax tech market across segments. We estimated the market size and growth potential for many segments based on offerings, tax type, deployment mode, organization size, verticals, and region. It contains a thorough competition analysis of the major market participants, information about their businesses, essential observations about their product and service offerings, current trends, and critical market strategies.
Reasons to buy this report:
With information on the most accurate revenue estimates for the whole tax tech industry and its subsegments, the research will benefit market leaders and recent newcomers. Stakeholders will benefit from this report's increased understanding of the competitive environment, which will help them better position their companies and develop go-to-market strategies. The research offers information on the main market drivers, constraints, opportunities, and challenges, as well as aids players in understanding the pulse of the industry.
The report provides insights on the following pointers:
Analysis of key drivers (complex cross-border trade tax regulations, state & local tax rate variability, corporate ESG & tax transparency initiatives), restraints (lack of awareness of tax tech in developing countries), opportunities (integration with financial systems, the rise of digital currencies & crypto taxation), and challenges (frequent changes in tax laws & regulations) influencing the growth of the tax tech market.
- Product Development/Innovation: Comprehensive analysis of emerging technologies, R&D initiatives, and new service and product introductions in the tax tech market.
- Market Development: In-depth details regarding profitable markets: the paper examines the global tax tech market.
- Market Diversification: Comprehensive details regarding recent advancements, investments, unexplored regions, new goods and services, and the tax tech market.
- Competitive Assessment: Thorough analysis of the market shares, expansion plans, and service portfolios of the top competitors in the tax tech industry, such as Wolters Kluwer (Netherlands), H&R Block (US), Avalara (US), and Vertex.Inc (US) and Thomson Reuters (Canada).
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.2.1 INCLUSIONS AND EXCLUSIONS
- 1.3 MARKET SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 YEARS CONSIDERED
- 1.4 CURRENCY
- 1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH APPROACH
- 2.1.1 SECONDARY DATA
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Breakup of primary profiles
- 2.1.2.2 Key industry insights
- 2.2 MARKET BREAKUP AND DATA TRIANGULATION
- 2.3 MARKET SIZE ESTIMATION
- 2.3.1 TOP-DOWN APPROACH
- 2.3.2 BOTTOM-UP APPROACH
- 2.3.3 MARKET ESTIMATION APPROACHES
- 2.4 MARKET FORECAST
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 OVERVIEW OF TAX TECH MARKET
- 4.2 TAX TECH MARKET, BY OFFERING
- 4.3 TAX TECH MARKET, BY SOLUTION
- 4.4 TAX TECH MARKET, BY PROFESSIONAL SERVICE
- 4.5 TAX TECH MARKET, BY DEPLOYMENT MODE
- 4.6 TAX TECH MARKET, BY TAX TYPE
- 4.7 TAX TECH MARKET, BY ORGANIZATION SIZE
- 4.8 TAX TECH MARKET, BY VERTICAL
- 4.9 TAX TECH MARKET: REGIONAL SCENARIO
5 MARKET OVERVIEW AND INDUSTRY TRENDS
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Complex cross-border trade tax regulations
- 5.2.1.2 State and local tax rate variability
- 5.2.1.3 Corporate ESG & tax transparency initiatives
- 5.2.2 RESTRAINTS
- 5.2.2.1 Lack of awareness of tax tech in developing countries
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Integration with financial systems
- 5.2.3.2 Rise of digital currencies & cryptotaxation
- 5.2.4 CHALLENGES
- 5.2.4.1 Frequent changes in tax laws & regulations
- 5.3 CASE STUDY ANALYSIS
- 5.3.1 CASE STUDY 1: WINNING E-COMMERCE WITH VINCULUM AND AVALARA
- 5.3.2 CASE STUDY 2: DRIVING TAX DEPARTMENT EFFICIENCY AND MINIMIZING COMPLIANCE RISKS
- 5.3.3 CASE STUDY 3: ACHIEVING OPERATIONAL EXCELLENCE WITH CCH PROSYSTEM FX TAX AND CCH AXCESS SUITE
- 5.3.4 CASE STUDY 4: BERGER, ELLIOTT & PRITCHARD'S JOURNEY WITH CCH PROSYSTEM FX TAX AND CCH AXCESS SUITE
- 5.3.5 CASE STUDY 5: INOVONICS FINDS COMPLETE TAX COMPLIANCE PACKAGE WITH AVALARA
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 PRICING ANALYSIS
- 5.6.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY ORGANIZATION SIZE
- 5.6.2 INDICATIVE PRICING OF KEY PLAYERS, BY SOLUTION
- 5.7 PATENT ANALYSIS
- 5.7.1 LIST OF MAJOR PATENTS
- 5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
- 5.8.1.1 Blockchain
- 5.8.1.2 Cloud computing
- 5.8.1.3 AI & ML
- 5.8.1.4 Robotic Process Automation (RPA) for tax
- 5.8.1.5 API-first tax compliance
- 5.8.2 COMPLEMENTARY TECHNOLOGIES
- 5.8.2.1 Cybersecurity solutions
- 5.8.2.2 Financial management software
- 5.8.2.3 Data visualization tool
- 5.8.2.4 Big data & tax analytics
- 5.8.3 ADJACENT TECHNOLOGIES
- 5.8.3.1 Internet of Things (IoT)
- 5.8.3.2 5G connectivity
- 5.8.3.3 Digital currencies & cryptocurrencies platforms
- 5.9 REGULATORY LANDSCAPE
- 5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.9.2 KEY REGULATIONS, BY REGION
- 5.9.2.1 North America
- 5.9.2.2 Europe
- 5.9.2.3 Asia Pacific
- 5.9.2.4 Middle East & South Africa
- 5.9.2.5 Latin America
- 5.10 PORTER'S FIVE FORCES ANALYSIS
- 5.10.1 THREAT OF NEW ENTRANTS
- 5.10.2 THREAT OF SUBSTITUTES
- 5.10.3 BARGAINING POWER OF SUPPLIERS
- 5.10.4 BARGAINING POWER OF BUYERS
- 5.10.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.11 KEY CONFERENCES AND EVENTS FROM 2025 TO 2026
- 5.12 TRENDS/DISRUPTIONS IMPACTING BUYERS
- 5.13 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.14 BUYING CRITERIA
- 5.15 BUSINESS MODEL ANALYSIS
- 5.15.1 PRICING MODEL
- 5.15.2 PAAS MODEL
- 5.15.3 IAAS MODEL
- 5.15.4 WHITE-LABEL MODEL
- 5.16 INVESTMENT & FUNDING SCENARIO
- 5.17 IMPACT OF AI/GEN AI ON TAX TECH MARKET
- 5.17.1 TOP USE CASES AND MARKET POTENTIAL
- 5.17.2 CASE STUDY
- 5.17.2.1 Use Case 1: H&R Block simplifies tax preparation with powerful AI tax assistant, built using Azure AI
- 5.17.3 VENDOR INITIATIVE
6 TAX TECH MARKET, BY OFFERING
- 6.1 INTRODUCTION
- 6.1.1 OFFERING: TAX TECH MARKET DRIVERS
- 6.2 SOLUTIONS
- 6.2.1 GROWING ADOPTION OF TAX TECH SOLUTIONS TO SIMPLIFY COMPLIANCE AND ENHANCE ACCURACY
- 6.2.2 TAX COMPLIANCE & REPORTING
- 6.2.2.1 Automated tax filing and reporting to ensure timely compliance
- 6.2.2.2 Corporate tax compliance (direct & indirect taxes)
- 6.2.2.3 Sales and use tax automation
- 6.2.2.4 VAT/GST compliance
- 6.2.2.5 E-filing and tax return preparation
- 6.2.3 TAX ANALYTICS & AI-DRIVEN SOLUTIONS
- 6.2.3.1 Predictive analytics driving proactive tax planning and regulatory adaptation
- 6.2.3.2 Predictive analytics for tax planning
- 6.2.3.3 AI-powered tax audits and risk assessment
- 6.2.3.4 Tax data visualization and decision support
- 6.2.4 TAX WORKFLOW & DOCUMENT MANAGEMENT
- 6.2.4.1 Advanced digital audit solutions to expedite tax filings and reduce errors
- 6.2.4.2 Tax document automation and e-signatures
- 6.2.4.3 Tax workflow collaboration platforms
- 6.2.4.4 Audit trail and regulatory documentation
- 6.3 PROFESSIONAL SERVICES
- 6.3.1 COMPREHENSIVE TAX TECH SUPPORT FOR SEAMLESS IMPLEMENTATION AND MAINTENANCE
- 6.3.2 CONSULTING & TRAINING
- 6.3.3 INTEGRATION & DEPLOYMENT
- 6.3.4 SUPPORT AND MAINTENANCE
7 TAX TECH MARKET, BY DEPLOYMENT MODE
- 7.1 INTRODUCTION
- 7.1.1 DEPLOYMENT MODE: TAX TECH MARKET DRIVERS
- 7.2 CLOUD
- 7.2.1 CLOUD TAX TECH SOLUTIONS ENABLING MULTI-JURISDICTION COMPLIANCE AND REMOTE COLLABORATION
- 7.3 ON-PREMISES
- 7.3.1 ON-PREMISES TAX TECH DEPLOYMENT FOR ENHANCED DATA SECURITY AND COMPLIANCE
8 TAX TECH MARKET, BY TAX TYPE
- 8.1 INTRODUCTION
- 8.1.1 TAX TYPE: TAX TECH MARKET DRIVERS
- 8.2 DIRECT TAX
- 8.2.1 STREAMLINING DIRECT TAX MANAGEMENT FOR COMPLIANCE AND EFFICIENCY
- 8.2.2 CORPORATE INCOME TAX
- 8.2.3 CAPITAL GAINS TAX
- 8.2.4 PROPERTY TAX
- 8.2.5 OTHER DIRECT TAXES
- 8.3 INDIRECT TAX
- 8.3.1 ENSURING ACCURATE VAT, GST, AND SALES TAX COMPLIANCE WITH AUTOMATION
- 8.3.2 VALUE-ADDED TAX (VAT) AND GOODS & SERVICES TAX (GST)
- 8.3.3 SALES & USE TAX
- 8.3.4 EXCISE TAX
- 8.3.5 CUSTOMS DUTIES & TARIFFS
- 8.3.6 OTHER INDIRECT TAXES
9 TAX TECH MARKET, BY ORGANIZATION SIZE
- 9.1 INTRODUCTION
- 9.1.1 ORGANIZATION SIZE: TAX TECH MARKET DRIVERS
- 9.2 LARGE ENTERPRISES
- 9.2.1 DEMAND FOR TAX TRANSPARENCY AND RISK MITIGATION IN LARGE BUSINESSES DUE TO EVOLVING REGULATIONS AND COMPLIANCE REQUIREMENTS
- 9.3 SMES
- 9.3.1 DEMAND FOR COST-EFFECTIVE TAX TECH SOLUTIONS TO STREAMLINE SME COMPLIANCE AND FINANCIAL MANAGEMENT
10 TAX TECH MARKET, BY VERTICAL
- 10.1 INTRODUCTION
- 10.1.1 VERTICAL: TAX TECH MARKET DRIVERS
- 10.2 BFSI
- 10.2.1 NEED FOR AUTOMATED TAX COMPLIANCE AND RISK MITIGATION IN BFSI SECTOR
- 10.2.2 BFSI: USE CASES
- 10.2.2.1 Automated tax reporting for investment portfolios
- 10.2.2.2 Real-time VAT & GST compliance for financial transactions
- 10.2.2.3 Withholding tax automation for cross-border payments
- 10.3 IT & TELECOM
- 10.3.1 OPTIMIZING TAX COMPLIANCE AND FINANCIAL TRANSPARENCY IN IT & TELECOM SECTOR
- 10.3.2 IT & TELECOM: USE CASES
- 10.3.2.1 Automated digital services tax (DST) calculation
- 10.3.2.2 Telecom excise tax management
- 10.3.2.3 Automated compliance for SaaS subscription taxation
- 10.4 RETAIL & E-COMMERCE
- 10.4.1 AUTOMATING SALES TAX COMPLIANCE AND CROSS-BORDER TAX MANAGEMENT IN RETAIL & E-COMMERCE
- 10.4.2 RETAIL & E-COMMERCE: USE CASES
- 10.4.2.1 Real-time sales tax calculation for online transactions
- 10.4.2.2 Automated marketplace facilitator for tax compliance
- 10.4.2.3 Cross-border e-commerce VAT compliance
- 10.5 MANUFACTURING
- 10.5.1 OPTIMIZING TAX CREDITS AND COMPLIANCE IN MANUFACTURING SUPPLY CHAINS
- 10.5.2 MANUFACTURING: USE CASES
- 10.5.2.1 Automated indirect tax compliance for supply chains
- 10.5.2.2 Excise duty calculation for regulated goods
- 10.5.2.3 Automated property tax management for factories & warehouses
- 10.6 HEALTHCARE & LIFE SCIENCES
- 10.6.1 ENHANCING TAX ACCURACY IN MULTI-STATE HEALTHCARE SERVICES AND SUPPLIES
- 10.6.2 HEALTHCARE & LIFE SCIENCES: USE CASES
- 10.6.2.1 Automated R&D tax credit management for drug development
- 10.6.2.2 Sales tax exemption validation for medical supplies
- 10.6.2.3 Medical device excise tax compliance
- 10.7 GOVERNMENT & PUBLIC SECTOR
- 10.7.1 STRENGTHENING TAX ADMINISTRATION AND REVENUE MANAGEMENT IN PUBLIC SECTOR
- 10.7.2 GOVERNMENT & PUBLIC SECTOR: USE CASES
- 10.7.2.1 Automated property tax collection & assessment
- 10.7.2.2 Blockchain-based taxpayer identity management
- 10.7.2.3 Automated tax relief processing for low-income citizens
- 10.8 ENERGY & UTILITIES
- 10.8.1 DEMAND FOR TAX TECH SOLUTIONS TO OPTIMIZE RENEWABLE ENERGY CREDITS AND CARBON TAX COMPLIANCE
- 10.8.2 ENERGY & UTILITIES: USE CASES
- 10.8.2.1 Carbon tax calculation & compliance
- 10.8.2.2 Automated royalties & excise tax management for oil & gas
- 10.8.2.3 Tax credit optimization for renewable energy investments
- 10.9 OTHER VERTICALS
11 TAX TECH MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 NORTH AMERICA
- 11.2.1 NORTH AMERICA: TAX TECH MARKET DRIVERS
- 11.2.2 US
- 11.2.2.1 US modernizing tax leveraging AI
- 11.2.3 CANADA
- 11.2.3.1 CRA EFILE and certified software providers accelerating tax tech adoption in Canada
- 11.3 EUROPE
- 11.3.1 EUROPE: TAX TECH MARKET DRIVERS
- 11.3.2 UK
- 11.3.2.1 HMRC modernizing UK tax with MTD and AI integration in operations
- 11.3.3 GERMANY
- 11.3.3.1 Germany's e-invoicing mandate boosting tax tech industry
- 11.3.4 FRANCE
- 11.3.4.1 Tax mandates reshaping tech adoption in France
- 11.3.5 ITALY
- 11.3.5.1 Adopting tax tech for smart tax compliance and management
- 11.3.6 REST OF EUROPE
- 11.4 ASIA PACIFIC
- 11.4.1 ASIA PACIFIC: TAX TECH MARKET DRIVERS
- 11.4.2 CHINA
- 11.4.2.1 Government mandates and corporate support boosting tax tech in China
- 11.4.3 JAPAN
- 11.4.3.1 New tax rules to shift Japan to tech-enabled tax
- 11.4.4 REST OF ASIA PACIFIC
- 11.5 MIDDLE EAST & AFRICA
- 11.5.1 MIDDLE EAST & AFRICA: TAX TECH MARKET DRIVERS
- 11.5.2 GCC
- 11.5.2.1 Digital tax compliance navigating adoption of tax tech in GCC
- 11.5.2.2 KSA
- 11.5.2.3 UAE
- 11.5.2.4 Rest of GCC countries
- 11.5.3 SOUTH AFRICA
- 11.5.3.1 Adoption of tax tech in South Africa for advancing transparency and compliance
- 11.5.4 REST OF MIDDLE EAST & AFRICA
- 11.6 LATIN AMERICA
- 11.6.1 LATIN AMERICA: TAX TECH MARKET DRIVERS
- 11.6.2 BRAZIL
- 11.6.2.1 Enhancing tax governance in Brazil through technology adoption
- 11.6.3 MEXICO
- 11.6.3.1 SAT and rise of intelligent tax systems in Mexico
- 11.6.4 REST OF LATIN AMERICA
12 COMPETITIVE LANDSCAPE
- 12.1 INTRODUCTION
- 12.2 MARKET SHARE ANALYSIS
- 12.3 REVENUE ANALYSIS, 2019-2023
- 12.4 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 12.4.1 STARS
- 12.4.2 EMERGING LEADERS
- 12.4.3 PERVASIVE PLAYERS
- 12.4.4 PARTICIPANTS
- 12.5 BRAND/PRODUCT COMPARISON
- 12.5.1 WOLTERS KLUWER (CCH SURETAX)
- 12.5.2 H&R BLOCK (H&R BLOCK)
- 12.5.3 AVALARA (AVATAX)
- 12.5.4 VERTEX (VERTEX O SERIES)
- 12.5.5 THOMSON REUTERS (ONESOURCE DETERMINATION)
- 12.5.6 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 12.5.6.1 Company footprint
- 12.5.6.2 Region footprint
- 12.5.6.3 Offering footprint
- 12.5.6.4 Tax type footprint
- 12.5.6.5 Vertical footprint
- 12.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 12.6.1 PROGRESSIVE COMPANIES
- 12.6.2 RESPONSIVE COMPANIES
- 12.6.3 DYNAMIC COMPANIES
- 12.6.4 STARTING BLOCKS
- 12.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 12.6.5.1 Detailed list of key startups/SMEs
- 12.6.5.2 Competitive benchmarking of startups/SMEs
- 12.7 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
- 12.7.1 COMPANY VALUATION
- 12.7.2 FINANCIAL METRICS
- 12.8 COMPETITIVE SCENARIO
- 12.8.1 PRODUCT LAUNCHES
- 12.8.2 DEALS
13 COMPANY PROFILES
- 13.1 INTRODUCTION
- 13.2 MAJOR PLAYERS
- 13.2.1 WOLTERS KLUWER
- 13.2.1.1 Business overview
- 13.2.1.2 Products/Solutions/Services offered
- 13.2.1.3 Recent developments
- 13.2.1.3.1 Product launches and enhancements
- 13.2.1.3.2 Deals
- 13.2.1.4 MnM view
- 13.2.1.4.1 Right to win
- 13.2.1.4.2 Strategic choices
- 13.2.1.4.3 Weaknesses and competitive threats
- 13.2.2 H&R BLOCK
- 13.2.2.1 Business overview
- 13.2.2.2 Products/Solutions/Services offered
- 13.2.2.3 Recent developments
- 13.2.2.3.1 Product launches and enhancements
- 13.2.2.4 MnM view
- 13.2.2.4.1 Right to win
- 13.2.2.4.2 Strategic choices
- 13.2.2.4.3 Weaknesses and competitive threats
- 13.2.3 AVALARA
- 13.2.3.1 Business overview
- 13.2.3.2 Products/Solutions/Services offered
- 13.2.3.3 Recent developments
- 13.2.3.3.1 Product launches and enhancements
- 13.2.3.3.2 Deals
- 13.2.3.4 MnM view
- 13.2.3.4.1 Right to win
- 13.2.3.4.2 Strategic choices
- 13.2.3.4.3 Weaknesses and competitive threats
- 13.2.4 VERTEX, INC.
- 13.2.4.1 Business overview
- 13.2.4.2 Products/Solutions/Services offered
- 13.2.4.3 Recent developments
- 13.2.4.4 MnM view
- 13.2.4.4.1 Right to win
- 13.2.4.4.2 Strategic choices
- 13.2.4.4.3 Weaknesses and competitive threats
- 13.2.5 THOMSON REUTERS
- 13.2.5.1 Business overview
- 13.2.5.2 Products/Solutions/Services offered
- 13.2.5.3 Recent developments
- 13.2.5.3.1 Product launches and enhancements
- 13.2.5.3.2 Deals
- 13.2.5.4 MnM view
- 13.2.5.4.1 Right to win
- 13.2.5.4.2 Strategic choices
- 13.2.5.4.3 Weaknesses and competitive threats
- 13.2.6 SAP
- 13.2.6.1 Business overview
- 13.2.6.2 Products/Solutions/Services offered
- 13.2.6.3 Recent developments
- 13.2.7 ADP
- 13.2.7.1 Business overview
- 13.2.7.2 Products/Solutions/Services offered
- 13.2.7.3 Recent developments
- 13.2.7.3.1 Product launches and enhancements
- 13.2.8 SOVOS
- 13.2.8.1 Business overview
- 13.2.8.2 Products/Solutions/Services offered
- 13.2.8.3 Recent developments
- 13.2.8.3.1 Product launches and enhancements
- 13.2.8.3.2 Deals
- 13.2.9 INTUIT
- 13.2.9.1 Business overview
- 13.2.9.2 Products/Solutions/Services offered
- 13.2.9.3 Recent developments
- 13.2.9.3.1 Product launches and enhancements
- 13.2.10 XERO
- 13.2.10.1 Business overview
- 13.2.10.2 Products/Solutions/Services offered
- 13.2.10.3 Recent developments
- 13.2.10.3.1 Product launches and enhancements
- 13.2.10.3.2 Deals
- 13.3 OTHER PLAYERS
- 13.3.1 TAXBIT
- 13.3.2 RYAN
- 13.3.3 TAXACT
- 13.3.4 CORVEE
- 13.3.5 ANROK
- 13.3.6 TAXSLAYER
- 13.3.7 FONOA
- 13.3.8 TOKEN TAX
- 13.3.9 DRAKE SOFTWARE
- 13.3.10 TAXJAR
- 13.3.11 PICNIC TAX
14 ADJACENT/RELATED MARKETS
- 14.1 INTRODUCTION
- 14.1.1 RELATED MARKETS
- 14.1.2 LIMITATIONS
- 14.2 TAX MANAGEMENT MARKET
- 14.3 TRADE MANAGEMENT MARKET
- 14.4 CLOUD ERP MARKET
15 APPENDIX
- 15.1 DISCUSSION GUIDE
- 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 15.3 CUSTOMIZATION OPTIONS
- 15.4 RELATED REPORTS
- 15.5 AUTHOR DETAILS
