Report Detail

Service & Software Global Payroll Outsourcing Market Size, Status and Forecast 2019-2025

  • RnM3145249
  • |
  • 10 July, 2019
  • |
  • Global
  • |
  • 105 Pages
  • |
  • QYResearch
  • |
  • Service & Software

Organizations may collaborate with an external firm to handle all their payroll functions to save valuable time and money – this is known as payroll outsourcing.
Overall, the Payroll Outsourcing products performance is positive with the current environment status. There are many different types of Payroll Outsourcing. The market can be segmented into: Full-Managed Outsourcing and Co-Managed Outsourcing. Full-Managed Outsourcing is the most commonly used and efficient types and took 61.58% market share in 2018. By application, Small Business is the largest consumer group, with consumption market share of 40.92% in 2018.
In 2018, the global Payroll Outsourcing market size was 8297 million US$ and it is expected to reach 12380 million US$ by the end of 2025, with a CAGR of 6.0% during 2019-2025.

This report focuses on the global Payroll Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Payroll Outsourcing development in North America, Europe, South Korea, Australia, Southeast Asia, India and Central & South America.

The key players covered in this study
ADP
Sage
Xerox
Paychex
Gusto
Intuit
Zalaris
Infosys
KPMG
Vision H.R.
Deloitte
Aurion
Activpayroll
Immedis
Ascender
NGA HR
Neeyamo
BDO
CloudPay
Excelity
i-Admin
TriNet

Market segment by Type, the product can be split into
Full-Managed Outsourcing
Co-Managed Outsourcing

Full-managed outsourcing occupies over 60% market share in 2018.
Co-managed outsourcing takes no more than 40% market share in 2018.

Market segment by Application, split into
Small Business
Midsized Business
Large Business

Small business is the largest segment of payroll outsoucing, with a market share of 40% in 2018.
Midsized business takes over 32% market share in 2018 but it may reduce a bit by 2025.
Large business' market share is only 26% in 2018,and it will be almost 30% by 2025.

Market segment by Regions/Countries, this report covers
North America
Europe
South Korea
Australia
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Payroll Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Payroll Outsourcing development in North America, Europe, South Korea, Australia, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Payroll Outsourcing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


Table of Contents

    1 Report Overview

    • 1.1 Study Scope
    • 1.2 Key Market Segments
    • 1.3 Players Covered
    • 1.4 Market Analysis by Type
      • 1.4.1 Global Payroll Outsourcing Market Size Growth Rate by Type (2014-2025)
      • 1.4.2 Full-Managed Outsourcing
      • 1.4.3 Co-Managed Outsourcing
    • 1.5 Market by Application
      • 1.5.1 Global Payroll Outsourcing Market Share by Application (2019-2025)
      • 1.5.2 Small Business
      • 1.5.3 Midsized Business
      • 1.5.4 Large Business
    • 1.6 Study Objectives
    • 1.7 Years Considered

    2 Global Growth Trends

    • 2.1 Payroll Outsourcing Market Size
    • 2.2 Payroll Outsourcing Growth Trends by Regions
      • 2.2.1 Payroll Outsourcing Market Size by Regions (2019-2025)
      • 2.2.2 Payroll Outsourcing Market Share by Regions (2014-2019)
    • 2.3 Industry Trends
      • 2.3.1 Market Top Trends
      • 2.3.2 Market Drivers
      • 2.3.3 Market Challenges
      • 2.3.4 Porter’s Five Forces Analysis

    3 Market Share by Key Players

    • 3.1 Payroll Outsourcing Market Size by by Players
      • 3.1.1 Global Payroll Outsourcing Revenue by by Players (2014-2019)
      • 3.1.2 Global Payroll Outsourcing Revenue Market Share by by Players (2014-2019)
      • 3.1.3 Global Payroll Outsourcing Market Concentration Ratio (CR5 and HHI)
    • 3.2 Payroll Outsourcing Key Players Head office and Area Served
    • 3.3 Key Players Payroll Outsourcing Product/Solution/Service
    • 3.4 Date of Enter into Payroll Outsourcing Market
    • 3.5 Mergers & Acquisitions, Expansion Plans

    4 Breakdown Data by Type and Application

    • 4.1 Global Payroll Outsourcing Market Size by Type (2014-2019)
    • 4.2 Global Payroll Outsourcing Market Size by Application (2014-2019)

    5 North America

    • 5.1 North America Payroll Outsourcing Market Size (2014-2019)
    • 5.2 Payroll Outsourcing Key Players in North America
    • 5.3 North America Payroll Outsourcing Market Size by Type
    • 5.4 North America Payroll Outsourcing Market Size by Application

    6 Europe

    • 6.1 Europe Payroll Outsourcing Market Size (2014-2019)
    • 6.2 Payroll Outsourcing Key Players in Europe
    • 6.3 Europe Payroll Outsourcing Market Size by Type
    • 6.4 Europe Payroll Outsourcing Market Size by Application

    7 South Korea

    • 7.1 South Korea Payroll Outsourcing Market Size (2014-2019)
    • 7.2 Payroll Outsourcing Key Players in South Korea
    • 7.3 South Korea Payroll Outsourcing Market Size by Type
    • 7.4 South Korea Payroll Outsourcing Market Size by Application

    8 Australia

    • 8.1 Australia Payroll Outsourcing Market Size (2014-2019)
    • 8.2 Payroll Outsourcing Key Players in Australia
    • 8.3 Australia Payroll Outsourcing Market Size by Type
    • 8.4 Australia Payroll Outsourcing Market Size by Application

    9 Southeast Asia

    • 9.1 Southeast Asia Payroll Outsourcing Market Size (2014-2019)
    • 9.2 Payroll Outsourcing Key Players in Southeast Asia
    • 9.3 Southeast Asia Payroll Outsourcing Market Size by Type
    • 9.4 Southeast Asia Payroll Outsourcing Market Size by Application

    10 India

    • 10.1 India Payroll Outsourcing Market Size (2014-2019)
    • 10.2 Payroll Outsourcing Key Players in India
    • 10.3 India Payroll Outsourcing Market Size by Type
    • 10.4 India Payroll Outsourcing Market Size by Application

    11 Central & South America

    • 11.1 Central & South America Payroll Outsourcing Market Size (2014-2019)
    • 11.2 Payroll Outsourcing Key Players in Central & South America
    • 11.3 Central & South America Payroll Outsourcing Market Size by Type
    • 11.4 Central & South America Payroll Outsourcing Market Size by Application

    12 International Players Profiles

    • 12.1 ADP
      • 12.1.1 ADP Company Details
      • 12.1.2 Company Description and Business Overview
      • 12.1.3 Payroll Outsourcing Introduction
      • 12.1.4 ADP Revenue in Payroll Outsourcing Business (2014-2019))
      • 12.1.5 ADP Recent Development
    • 12.2 Sage
      • 12.2.1 Sage Company Details
      • 12.2.2 Company Description and Business Overview
      • 12.2.3 Payroll Outsourcing Introduction
      • 12.2.4 Sage Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.2.5 Sage Recent Development
    • 12.3 Xerox
      • 12.3.1 Xerox Company Details
      • 12.3.2 Company Description and Business Overview
      • 12.3.3 Payroll Outsourcing Introduction
      • 12.3.4 Xerox Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.3.5 Xerox Recent Development
    • 12.4 Paychex
      • 12.4.1 Paychex Company Details
      • 12.4.2 Company Description and Business Overview
      • 12.4.3 Payroll Outsourcing Introduction
      • 12.4.4 Paychex Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.4.5 Paychex Recent Development
    • 12.5 Gusto
      • 12.5.1 Gusto Company Details
      • 12.5.2 Company Description and Business Overview
      • 12.5.3 Payroll Outsourcing Introduction
      • 12.5.4 Gusto Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.5.5 Gusto Recent Development
    • 12.6 Intuit
      • 12.6.1 Intuit Company Details
      • 12.6.2 Company Description and Business Overview
      • 12.6.3 Payroll Outsourcing Introduction
      • 12.6.4 Intuit Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.6.5 Intuit Recent Development
    • 12.7 Zalaris
      • 12.7.1 Zalaris Company Details
      • 12.7.2 Company Description and Business Overview
      • 12.7.3 Payroll Outsourcing Introduction
      • 12.7.4 Zalaris Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.7.5 Zalaris Recent Development
    • 12.8 Infosys
      • 12.8.1 Infosys Company Details
      • 12.8.2 Company Description and Business Overview
      • 12.8.3 Payroll Outsourcing Introduction
      • 12.8.4 Infosys Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.8.5 Infosys Recent Development
    • 12.9 KPMG
      • 12.9.1 KPMG Company Details
      • 12.9.2 Company Description and Business Overview
      • 12.9.3 Payroll Outsourcing Introduction
      • 12.9.4 KPMG Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.9.5 KPMG Recent Development
    • 12.10 Vision H.R.
      • 12.10.1 Vision H.R. Company Details
      • 12.10.2 Company Description and Business Overview
      • 12.10.3 Payroll Outsourcing Introduction
      • 12.10.4 Vision H.R. Revenue in Payroll Outsourcing Business (2014-2019)
      • 12.10.5 Vision H.R. Recent Development
    • 12.11 Deloitte
    • 12.12 Aurion
    • 12.13 Activpayroll
    • 12.14 Immedis
    • 12.15 Ascender
    • 12.16 NGA HR
    • 12.17 Neeyamo
    • 12.18 BDO
    • 12.19 CloudPay
    • 12.20 Excelity
    • 12.21 i-Admin
    • 12.22 TriNet

    13 Market Forecast 2019-2025

    • 13.1 Market Size Forecast by Product (2019-2025)
    • 13.2 Market Size Forecast by Application (2019-2025)
    • 13.3 Market Size Forecast by Regions
    • 13.4 North America
    • 13.5 Europe
    • 13.6 South Korea
    • 13.7 Australia
    • 13.8 Southeast Asia
    • 13.9 India
    • 13.10 Central & South America

    14 Analyst's Viewpoints/Conclusions

      15 Appendix

      • 15.1 Research Methodology
        • 15.1.1 Methodology/Research Approach
          • 15.1.1.1 Research Programs/Design
          • 15.1.1.2 Market Size Estimation
          • 15.1.1.3 Market Breakdown and Data Triangulation
        • 15.1.2 Data Source
          • 15.1.2.1 Secondary Sources
          • 15.1.2.2 Primary Sources
      • 15.2 Disclaimer

      Summary:
      Get latest Market Research Reports on Payroll Outsourcing . Industry analysis & Market Report on Payroll Outsourcing is a syndicated market report, published as Global Payroll Outsourcing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Payroll Outsourcing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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