What is E-Filing Platforms?
E-filing is the process of submitting tax returns on the internet. It needs tax preparation software that must be preapproved by the Internet Revenue Service. With the use of e-filing platforms, all taxpayers can file the tax from home. It is a faster process than filing paper tax forms. The taxpayers are the individuals whose total income during the previous year is more than the maximum amount not chargeable to tax.
The market study is broken down by Type (Pluralism Platform and Attorney Service Platform), by Application (Courts and Court Partners and Attorney Service Providers) and major geographies with country level break-up.
Global E-Filing Platforms is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Services and Softwares. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
InfoTrack (Australia), Cenifax Courts (United States), US Legal PRO (United States), Doxpop (United States), File & Serve Xpress (United States), FileTime (United States), Green Filing (United States), LegalConnect (United States), MyFileRunner (United States) and Nationwide Legal (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global E-Filing Platforms market by Type, Application and Region.
On the basis of geography, the market of E-Filing Platforms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 26th August 2021, InfoTrack has acquired Green Filing, a provider of electronic court filing and related services. With the acquisition InfoTrack shares an approach of Build a smart technology that helps clients’ lives easier by revolutionizing workflow, boosting productivity, and increase profitability.
Market Trend
- Technological Advancement across the Globe
Market Drivers
- Increasing Demand for E-Filing Platforms from Taxpayers
- Increasing Application of E-Filing Platforms in Courts and Court Partners
Opportunities
- Rising Introduction of E-Filing Platforms can create Opportunities for Market Growth
Restraints
- Lack of Skilled Operators
Key Target Audience
E-Filing Platforms Services, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.