Payroll Outsourcing Market Key Industry Analysis

The report covers a detailed analysis and forecast for the global payroll outsourcing market on a global and regional level from 2021 to 2028. The study offers historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million). The study comprises a comprehensive view of the market with a review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the payroll outsourcing market between 2021 and 2028.

These assessments help users of the report to analyze the payroll outsourcing market on the basis of different metrics that includes brand loyalty, switching costs, capital investments, economies of scale, regulatory legislation, current sales networks, production rights and patents, customer preferences, and promotional effects. This categorized data is expected to aid industry stakeholders in decision-making.The study also suggests company penetration plans for new entrants. Furthermore, the payroll outsourcing industry study report has listed the main manufacturers and distributors operating in all the major regions. We anticipate that this analysis and data will assist industry players to strengthen their networks of market penetration and expand their geographical breadth as a result of their efforts.

Market Research Store (MRS) published a latest report titled “Payroll Outsourcing Market research report which is segmented by Products (Hybrid, Fully outsourced), by Applications (Retail, Institutions (BFSI), Banking/Insurance, Telecommunication, Government, Travel and Hospitality), by Key Players/Companies (Sage, ProPayroll, SurePayroll, Intuit, Coastal Human Resources Group, MyPayrollHR, PayUSA, Ceridian HCM, ADP, Paychex, OnPay, NGA Human Resources)”. In 2020, the global payroll outsourcing market demand was registered at XX (USD Million) and is predicted to reach XX (USD Million) at a CAGR of XX% by 2028.

Request Free Sample

Report Scope:

Report Attributes Report Details
Report Title Payroll Outsourcing Market Research Report
By Products Hybrid, Fully outsourced
By Applications Retail, Institutions (BFSI), Banking/Insurance, Telecommunication, Government, Travel and Hospitality
By Key Players Sage, ProPayroll, SurePayroll, Intuit, Coastal Human Resources Group, MyPayrollHR, PayUSA, Ceridian HCM, ADP, Paychex, OnPay, NGA Human Resources
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA)
Countries Covered North America : U.S and Canada
Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe
APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific
Latin America : Mexico, Brazil
The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA
Base Year 2020
Historical Year 2016to 2020 (Depending on availability, data from 2010 can be offered)
Forecast Year 2028
Number of Pages 107
Customization Available Yes, the report can be tailored to meet your specific requirements.

The study includes a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the payroll outsourcing market. Furthermore, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by products, applications, and region. Additionally, the report also covers the exhaustive regulatory landscape, technology landscape, value chain analysis and PEST analysis.

Global Payroll Outsourcing  Y-O-Y Growth
Request Free Sample

Payroll Outsourcing Market COVID-19 Impact Analysis

The epidemic of COVID-19 has caused significant economic and social upheaval. The pandemic has had an influence on the supply chain and value chain of numerous businesses. The payroll outsourcing market is not an exception. The impact of the COVID-19 pandemic will be analyzed on the basis of the overall industry including both the demand side and supply side perspectives. The effects of the pandemic would be studied and analyzed for short-term and long-term scenarios. This would assist to formulate business strategies for the period during the pandemic as well as the post-pandemic period for all stakeholders involved in the industry including suppliers, manufacturers, vendors, distributors, and end-users.

Payroll Outsourcing Market Key Segment Analysis

The report study delivers a critical assessment on the payroll outsourcing by segmenting the total addressable market based on products, applications, and region. All the segments & categories of the payroll outsourcing market are evaluated on the basis of past and future trends. The data for the market and its segments & categories are provided from 2016 to 2028. The report has identified the important segments & categories offering the most to the total addressable market growth in terms of revenue as well as the factors advancing their development.

The report includes a detailed segment analysis of the payroll outsourcing market based on products, applications, and region. On the basis of Products, the market can be classified into Hybrid, Fully outsourced. Based on the Applications, the market can be segmented into the Retail, Institutions (BFSI), Banking/Insurance, Telecommunication, Government, Travel and Hospitality.

Key Market Players & Competitive Landscape of Payroll Outsourcing Market

The report provides exhaustive information on all the key players in the industry based on company overview, company market share, recent developments, business strategies, and financial performance among others. The report will also provide an extensive product portfolio for each company along with detailed descriptions/features. This report also contains useful recommendations for both established and new players around the world.

Some of the key players in the payroll outsourcing market include:

  • Sage
  • ProPayroll
  • SurePayroll
  • Intuit
  • Coastal Human Resources Group
  • MyPayrollHR
  • PayUSA
  • Ceridian HCM
  • ADP
  • Paychex
  • OnPay
  • NGA Human Resources

Due to the existence of multiple significant competitors, the industry is very competitive. Several inorganic growth techniques, such as acquisitions, mergers, and regional expansion are being pursued by the majority of manufacturers in order to increase their market share and obtain a competitive edge.

Key Benefits of the Report:

  • COVID-19 Impact Analysis (A completely separate Chapter)
  • Market size in terms of revenue from 2016 to 2028
  • Market size for each segment from 2016 to 2028, by Region
  • Market Attractiveness Analysis for all the segments
  • Market Drivers, Restraints, and Opportunities
  • Regional Market Trends
  • Value Chain Analysis
  • Regulatory Landscape
  • Technology Landscape
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Competitive Landscape and Company Market Shares

Payroll Outsourcing Market Regional Analysis

The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the payroll outsourcing market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.

Global Payroll Outsourcing  Regional SegmentationINQUIRY_TEXT

Significant aspects of the Payroll Outsourcing Market Report:

  1. Drivers, Restraints, Opportunities and Recent Trends of the payroll outsourcing market
  2. Structure of the market and projections for the next few years
  3. Market situation for each segment and region
  4. By Products
    • Hybrid
    • Fully outsourced
  5. By Applications
    • Retail
    • Institutions (BFSI)
    • Banking/Insurance
    • Telecommunication
    • Government
    • Travel and Hospitality
  6. By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • The Middle East & Africa
  7. An evaluation of upstream raw materials, downstream demand, and existing market dynamics is carried out
  8. Company Market Shares, Competitive Landscape, SWOT Analysis, and Product Specification

The findings would be further affirmed and expanded upon through primary research conducted with industry professionals and decision-makers from around the world. A wide range of data validation and market estimation approaches were used to further assemble and validate the results gathered during the research. We also have our data forecasting algorithm that projects market growth over the year 2028. We performed both primary and secondary research to gain a clear overview of the payroll outsourcing market. This helped us understand existing market dynamics like supply-demand imbalance, pricing trends, product preferences, consumer behavior, and other factors.

The following are the justifications for purchasing the Payroll Outsourcing Market report:

  • Learn how to gather and analyze strategically essential competitor data and resources to develop effective R&D strategies.
  • Consider the target demography when classifying possible new clients or partners.
  • Identify the strategic priorities of top firms to establish tactical efforts.
  • Selecting Leading Manufacturers might help you determine mergers and acquisitions more effectively.
  • The study provides an in-depth analysis of market segments, sub-segments, and the regional prognosis for the market in consideration.
  • The report provides an in-depth overview of the supplier analysis, competitive landscape, and major industry strategies that will help businesses obtain a competitive advantage in the industry.

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Payroll Outsourcing business includes.

  • Sage
  • ProPayroll
  • SurePayroll
  • Intuit
  • Coastal Human Resources Group
  • MyPayrollHR
  • PayUSA
  • Ceridian HCM
  • ADP
  • Paychex
  • OnPay
  • NGA Human Resources

As per Payroll Outsourcing market analysis, North America is forecasted to occupied major share in the Payroll Outsourcing market.

The statistical data of the dominant industry player of Payroll Outsourcing market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Payroll Outsourcing market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the Payroll Outsourcing market based on Type, Region, and Application, Also offer a determined view on the Payroll Outsourcing market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

The sample report for Payroll Outsourcing market can be received after the apply from the website.

Table Of Content

Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Payroll Outsourcing Market Share by Type (2020-2026) 1.5.2 Hybrid 1.5.3 Fully outsourced 1.6 Market by Application 1.6.1 Global Payroll Outsourcing Market Share by Application (2020-2026) 1.6.2 Retail 1.6.3 Institutions (BFSI) 1.6.4 Banking/Insurance 1.6.5 Telecommunication 1.6.6 Government 1.6.7 Travel and Hospitality 1.7 Payroll Outsourcing Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Payroll Outsourcing Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Payroll Outsourcing Market 3.1 Value Chain Status 3.2 Payroll Outsourcing Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Payroll Outsourcing 3.2.3 Labor Cost of Payroll Outsourcing 3.2.3.1 Labor Cost of Payroll Outsourcing Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Sage 4.1.1 Sage Basic Information 4.1.2 Payroll Outsourcing Product Profiles, Application and Specification 4.1.3 Sage Payroll Outsourcing Market Performance (2015-2020) 4.1.4 Sage Business Overview 4.2 ProPayroll 4.2.1 ProPayroll Basic Information 4.2.2 Payroll Outsourcing Product Profiles, Application and Specification 4.2.3 ProPayroll Payroll Outsourcing Market Performance (2015-2020) 4.2.4 ProPayroll Business Overview 4.3 SurePayroll 4.3.1 SurePayroll Basic Information 4.3.2 Payroll Outsourcing Product Profiles, Application and Specification 4.3.3 SurePayroll Payroll Outsourcing Market Performance (2015-2020) 4.3.4 SurePayroll Business Overview 4.4 Intuit 4.4.1 Intuit Basic Information 4.4.2 Payroll Outsourcing Product Profiles, Application and Specification 4.4.3 Intuit Payroll Outsourcing Market Performance (2015-2020) 4.4.4 Intuit Business Overview 4.5 Coastal Human Resources Group 4.5.1 Coastal Human Resources Group Basic Information 4.5.2 Payroll Outsourcing Product Profiles, Application and Specification 4.5.3 Coastal Human Resources Group Payroll Outsourcing Market Performance (2015-2020) 4.5.4 Coastal Human Resources Group Business Overview 4.6 MyPayrollHR 4.6.1 MyPayrollHR Basic Information 4.6.2 Payroll Outsourcing Product Profiles, Application and Specification 4.6.3 MyPayrollHR Payroll Outsourcing Market Performance (2015-2020) 4.6.4 MyPayrollHR Business Overview 4.7 PayUSA 4.7.1 PayUSA Basic Information 4.7.2 Payroll Outsourcing Product Profiles, Application and Specification 4.7.3 PayUSA Payroll Outsourcing Market Performance (2015-2020) 4.7.4 PayUSA Business Overview 4.8 Ceridian HCM 4.8.1 Ceridian HCM Basic Information 4.8.2 Payroll Outsourcing Product Profiles, Application and Specification 4.8.3 Ceridian HCM Payroll Outsourcing Market Performance (2015-2020) 4.8.4 Ceridian HCM Business Overview 4.9 ADP 4.9.1 ADP Basic Information 4.9.2 Payroll Outsourcing Product Profiles, Application and Specification 4.9.3 ADP Payroll Outsourcing Market Performance (2015-2020) 4.9.4 ADP Business Overview 4.10 Paychex 4.10.1 Paychex Basic Information 4.10.2 Payroll Outsourcing Product Profiles, Application and Specification 4.10.3 Paychex Payroll Outsourcing Market Performance (2015-2020) 4.10.4 Paychex Business Overview 4.11 OnPay 4.11.1 OnPay Basic Information 4.11.2 Payroll Outsourcing Product Profiles, Application and Specification 4.11.3 OnPay Payroll Outsourcing Market Performance (2015-2020) 4.11.4 OnPay Business Overview 4.12 NGA Human Resources 4.12.1 NGA Human Resources Basic Information 4.12.2 Payroll Outsourcing Product Profiles, Application and Specification 4.12.3 NGA Human Resources Payroll Outsourcing Market Performance (2015-2020) 4.12.4 NGA Human Resources Business Overview 5 Global Payroll Outsourcing Market Analysis by Regions 5.1 Global Payroll Outsourcing Sales, Revenue and Market Share by Regions 5.1.1 Global Payroll Outsourcing Sales by Regions (2015-2020) 5.1.2 Global Payroll Outsourcing Revenue by Regions (2015-2020) 5.2 North America Payroll Outsourcing Sales and Growth Rate (2015-2020) 5.3 Europe Payroll Outsourcing Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Payroll Outsourcing Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Payroll Outsourcing Sales and Growth Rate (2015-2020) 5.6 South America Payroll Outsourcing Sales and Growth Rate (2015-2020) 6 North America Payroll Outsourcing Market Analysis by Countries 6.1 North America Payroll Outsourcing Sales, Revenue and Market Share by Countries 6.1.1 North America Payroll Outsourcing Sales by Countries (2015-2020) 6.1.2 North America Payroll Outsourcing Revenue by Countries (2015-2020) 6.1.3 North America Payroll Outsourcing Market Under COVID-19 6.2 United States Payroll Outsourcing Sales and Growth Rate (2015-2020) 6.2.1 United States Payroll Outsourcing Market Under COVID-19 6.3 Canada Payroll Outsourcing Sales and Growth Rate (2015-2020) 6.4 Mexico Payroll Outsourcing Sales and Growth Rate (2015-2020) 7 Europe Payroll Outsourcing Market Analysis by Countries 7.1 Europe Payroll Outsourcing Sales, Revenue and Market Share by Countries 7.1.1 Europe Payroll Outsourcing Sales by Countries (2015-2020) 7.1.2 Europe Payroll Outsourcing Revenue by Countries (2015-2020) 7.1.3 Europe Payroll Outsourcing Market Under COVID-19 7.2 Germany Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.2.1 Germany Payroll Outsourcing Market Under COVID-19 7.3 UK Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.3.1 UK Payroll Outsourcing Market Under COVID-19 7.4 France Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.4.1 France Payroll Outsourcing Market Under COVID-19 7.5 Italy Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.5.1 Italy Payroll Outsourcing Market Under COVID-19 7.6 Spain Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.6.1 Spain Payroll Outsourcing Market Under COVID-19 7.7 Russia Payroll Outsourcing Sales and Growth Rate (2015-2020) 7.7.1 Russia Payroll Outsourcing Market Under COVID-19 8 Asia-Pacific Payroll Outsourcing Market Analysis by Countries 8.1 Asia-Pacific Payroll Outsourcing Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Payroll Outsourcing Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Payroll Outsourcing Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Payroll Outsourcing Market Under COVID-19 8.2 China Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.2.1 China Payroll Outsourcing Market Under COVID-19 8.3 Japan Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.3.1 Japan Payroll Outsourcing Market Under COVID-19 8.4 South Korea Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.4.1 South Korea Payroll Outsourcing Market Under COVID-19 8.5 Australia Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.6 India Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.6.1 India Payroll Outsourcing Market Under COVID-19 8.7 Southeast Asia Payroll Outsourcing Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Payroll Outsourcing Market Under COVID-19 9 Middle East and Africa Payroll Outsourcing Market Analysis by Countries 9.1 Middle East and Africa Payroll Outsourcing Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Payroll Outsourcing Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Payroll Outsourcing Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Payroll Outsourcing Market Under COVID-19 9.2 Saudi Arabia Payroll Outsourcing Sales and Growth Rate (2015-2020) 9.3 UAE Payroll Outsourcing Sales and Growth Rate (2015-2020) 9.4 Egypt Payroll Outsourcing Sales and Growth Rate (2015-2020) 9.5 Nigeria Payroll Outsourcing Sales and Growth Rate (2015-2020) 9.6 South Africa Payroll Outsourcing Sales and Growth Rate (2015-2020) 10 South America Payroll Outsourcing Market Analysis by Countries 10.1 South America Payroll Outsourcing Sales, Revenue and Market Share by Countries 10.1.1 South America Payroll Outsourcing Sales by Countries (2015-2020) 10.1.2 South America Payroll Outsourcing Revenue by Countries (2015-2020) 10.1.3 South America Payroll Outsourcing Market Under COVID-19 10.2 Brazil Payroll Outsourcing Sales and Growth Rate (2015-2020) 10.2.1 Brazil Payroll Outsourcing Market Under COVID-19 10.3 Argentina Payroll Outsourcing Sales and Growth Rate (2015-2020) 10.4 Columbia Payroll Outsourcing Sales and Growth Rate (2015-2020) 10.5 Chile Payroll Outsourcing Sales and Growth Rate (2015-2020) 11 Global Payroll Outsourcing Market Segment by Types 11.1 Global Payroll Outsourcing Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Payroll Outsourcing Sales and Market Share by Types (2015-2020) 11.1.2 Global Payroll Outsourcing Revenue and Market Share by Types (2015-2020) 11.2 Hybrid Sales and Price (2015-2020) 11.3 Fully outsourced Sales and Price (2015-2020) 12 Global Payroll Outsourcing Market Segment by Applications 12.1 Global Payroll Outsourcing Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Payroll Outsourcing Sales and Market Share by Applications (2015-2020) 12.1.2 Global Payroll Outsourcing Revenue and Market Share by Applications (2015-2020) 12.2 Retail Sales, Revenue and Growth Rate (2015-2020) 12.3 Institutions (BFSI) Sales, Revenue and Growth Rate (2015-2020) 12.4 Banking/Insurance Sales, Revenue and Growth Rate (2015-2020) 12.5 Telecommunication Sales, Revenue and Growth Rate (2015-2020) 12.6 Government Sales, Revenue and Growth Rate (2015-2020) 12.7 Travel and Hospitality Sales, Revenue and Growth Rate (2015-2020) 13 Payroll Outsourcing Market Forecast by Regions (2020-2026) 13.1 Global Payroll Outsourcing Sales, Revenue and Growth Rate (2020-2026) 13.2 Payroll Outsourcing Market Forecast by Regions (2020-2026) 13.2.1 North America Payroll Outsourcing Market Forecast (2020-2026) 13.2.2 Europe Payroll Outsourcing Market Forecast (2020-2026) 13.2.3 Asia-Pacific Payroll Outsourcing Market Forecast (2020-2026) 13.2.4 Middle East and Africa Payroll Outsourcing Market Forecast (2020-2026) 13.2.5 South America Payroll Outsourcing Market Forecast (2020-2026) 13.3 Payroll Outsourcing Market Forecast by Types (2020-2026) 13.4 Payroll Outsourcing Market Forecast by Applications (2020-2026) 13.5 Payroll Outsourcing Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source

Inquiry For Buying

Payroll Outsourcing

Please fill out the form. We will contact you within 24 hours:
All fields required...

Request Sample

Payroll Outsourcing

Please fill out the form. We will contact you within 24 hours:
All fields required...

×

Avail Free PDF Sample Report

This website is secure and your personal details are safe. Privacy Policy

Thank you for contacting us.

Thank you for your interest in our research report.

We will be sending you the sample copy of the report shortly. Meanwhile, if you have any specific research requirement then please let us know. We will be glad to assist you in case you have any additional questions, so feel free to get in touch

Thank you


Warm regards,
Sales | Manager - International Business and partner Relations
Direct line: +1 347 535 0815
Market Research Store
E-mail: sales@MarketResearchStore.com | Web: www.MarketResearchStore.com
-->