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Payroll-HR Solutions and Services, Size, Share, Outlook and Growth Opportunities 2020-2026

  • ID:OGA1909MVCM0516
  • Published: December-2019
  • Pages:140
  • OG Analysis
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Global Payroll-HR Solutions and Services Market, Size, Share, Outlook and Growth Opportunities to 2026: By Product Type (Cloud-based, and On-premises), By Application (Small and Medium Enterprises, and Large Enterprises) and By Region

Key Highlights

  • The Global Payroll-HR Solutions and Services Market is gaining momentum and is poised to grow at a CAGR of 9.24% over the forecast period 2020-2026.
  • Cloud-based segment leads the Payroll-HR Solutions and Services market.
  • North America holds the largest share for Payroll-HR Solutions and Services market, and is estimated to dominate over the forecast period.
  • The small and medium-size enterprise dominates the global payroll & HR solutions & services market.

Payroll-HR Solutions and Services market is improving due to growing adoption of cloud-based technologies in enterprises is fuelling the global payroll & HR solutions & services market, which further upsurge the Payroll-HR Solutions and Services market demand in future.

High requirement for managing the extensive workforce and increasing demand for changing traditional systems with improved global payroll & HR solutions & services platforms are likely to drive the Payroll-HR Solutions and Services market growth.

Increase in the complexities payroll system owing to government rules and regulations require an efficient system for payroll operations. This fuels the global payroll & HR solutions & services market.

Cloud-based segment leads the Payroll-HR Solutions and Services market as it is economical and improves the efficiency of the compensation and review processes. The growing acceptance of cloud-based payroll & HR solutions & services can be attributed to its advantages over the traditional payroll process.

In 2017, the cloud segment accounted for the largest market share, in terms of revenue of the global payroll & HR solutions & services market. This demand for cloud is expected to increase during the forecast period.

North America is the largest market for payroll & HR solutions & services due to advancement in new technologies, growing digitalization, growth in software industry, and increasing adoption of business process solutions by small and medium scale enterprises in this region.

In this region, U.S and Canada are anticipated to drive the growth of the payroll & HR solutions & services market in North America owing to the presence of a large number of established key players that include Oracle Corporation, International Business Machines Corporation, NetSuite Inc., Workday Inc., and others.

Growing population of software and rising awareness among enterprises regarding the benefits of implementation of HR payroll software is boosting the market growth in Europe.

Global Payroll-HR Solutions and Services Market Insights

The 2020 series of global market size, share, outlook, trends and growth prospects is a comprehensive analysis on global Payroll-HR Solutions and Services market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Payroll-HR Solutions and Services market, detailed porter’s five forces analysis and competitive insights are included in the research report.

Global Payroll-HR Solutions and Services Market Share by Product Type

The report presents the detailed annual outlook of each product type of the Payroll-HR Solutions and Services market to 2026. Cloud-based, and On-premises included in the Payroll-HR Solutions and Services market report. Of these, Cloud-based occupies major share in the global industry.

Global Payroll-HR Solutions and Services Market Size by Application

The report presents in-depth insights into each of the leading Payroll-HR Solutions and Services foams along with annual forecasts to 2026. Various applications that are studied in the report include Small and Medium Enterprises, and Large Enterprises.

Global Payroll-HR Solutions and Services Market Revenue by Region

The current Payroll-HR Solutions and Services market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa are studied in the report. In addition, historic data from 2018 and annual forecasts to 2026 are also included in the research report. Globally, Asia Pacific is the fastest growing market for Payroll-HR Solutions and Services.

Global Payroll-HR Solutions and Services Market Analysis by Company

Top 10 leading companies in global Payroll-HR Solutions and Services market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Payroll-HR Solutions and Services products & services.

Global Payroll-HR Solutions and Services Market News and Recent Developments

Latest news and industry developments in terms of Payroll-HR Solutions and Services expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

Scope:

Long term perspective on the Payroll-HR Solutions and Services industry: 2019 (base year), 2020-2026 (forecast period)

Payroll-HR Solutions and Services Market- Forecasts by Segments- Product Type and Application by geography.

  • The report provides the market outlook by 2 Product types including Cloud-based, and On-premises.
  • It provides the Payroll-HR Solutions and Services market outlook by 2 applications including Small and Medium Enterprises, and Large Enterprises.
  • Payroll-HR Solutions and Services market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America, and Middle East & Africa are covered.

Payroll-HR Solutions and Services Market- Strategic Analysis Review

  1. Key strategies opted by leading players
  2. Short to Long Term Industry Trends
  3. Porter’s Five Forces Analysis
  4. Supply side and Demand Side Drivers and Challenges

Payroll-HR Solutions and Services Market- Growth Opportunities

  1. Potential New Business Opportunities
  2. Key Areas of Focus in forecast period

Payroll-HR Solutions and Services Market- Competitive Scenario

  1. 10 companies are analysed in the report Automatic Data Processing, Inc., Paycor, Inc., Paycom Software, Inc., TMF Group Holding B.V., SAP SE, Sage Group plc., Paychex, Inc., Ramco Systems Limited, Kronos Incorporated, and Paylocity Corporation.
  2. Company Peer-to-Peer Comparison
  3. Company Profile and SWOT Analysis
  4. Financial Analysis

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Table of Contents



1. Table of Contents
1.1 List of Tables
1.2 List of Figures



2. Introduction to Global Payroll-HR Solutions and Services Market
2.1 Global Payroll-HR Solutions and Services Market Snapshot, 2019
2.2Payroll-HR Solutions and Services Industry Overview
2.3 Research Perspective



3. Global Payroll-HR Solutions and Services Market- Strategic Analysis 
3.1 Short Term and Long Term Industry Trends Affecting Global Payroll-HR Solutions and Services Markets
3.2 Leading Payroll-HR Solutions and Services Types Targeted by Global Manufacturers 
3.3 Key Consumption Patterns of Payroll-HR Solutions and Services
3.4 Potential Markets Vital for business Expansion 
3.5 Five Forces Analysis
3.6 Drivers and Restraints



4. Global Payroll-HR Solutions and Services Market Outlook and Growth Opportunities by Product Type
4. High Efficiency Particulate Air (HEPA) technology, Payroll-HR Solutions and Services Market Outlook, 2020-2026
4.2 Activated Carbon technology, Payroll-HR Solutions and Services Market Outlook, 2020-2026
4.3 Ionic Filters technology, Payroll-HR Solutions and Services Market Outlook, 2020-2026
4.4 Other technology, Payroll-HR Solutions and Services Market Outlook, 2020-2026




5. Global Payroll-HR Solutions and Services Market Outlook and Growth Opportunities by Applications 
5.1 Payroll-HR Solutions and Services Demand in Commercial, Market Outlook, 2020-2026
5.2 Payroll-HR Solutions and Services Demand in Residential, Market Outlook, 2020-2026
5.3 Payroll-HR Solutions and Services Demand in Industrial, Market Outlook, 2020-2026



6. Asia Pacific Payroll-HR Solutions and Services Market Outlook and Growth Opportunities
6.1 Key Findings, 2019
6.2 Asia Pacific Payroll-HR Solutions and Services Market Outlook by Product Type, 2020-2026
6.3 Asia Pacific Payroll-HR Solutions and Services Market Outlook by Application, 2020-2026
6.4 Asia Pacific Payroll-HR Solutions and Services Market Outlook by Country, 2020-2026



7. Europe Payroll-HR Solutions and Services Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Europe Payroll-HR Solutions and Services Market Outlook by Product Type, 2020-2026
7.3 Europe Payroll-HR Solutions and Services Market Outlook by Application, 2020-2026
7.4 Europe Payroll-HR Solutions and Services Market Outlook by Country, 2020-2026



8. North America Payroll-HR Solutions and Services Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 North America Payroll-HR Solutions and Services Market Outlook by Product Type, 2020-2026
8.3 North America Payroll-HR Solutions and Services Market Outlook by Application, 2020-2026
8.4 North America Payroll-HR Solutions and Services Market Outlook by Country, 2020-2026



9. South & Central America Payroll-HR Solutions and Services Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 South & Central America Payroll-HR Solutions and Services Market Outlook by Product Type, 2020-2026
9.3South & Central America Payroll-HR Solutions and Services Market Outlook by Application, 2020-2026
9.4South & Central America Payroll-HR Solutions and Services Market Outlook by Country, 2020-2026



10. Middle East & Africa Payroll-HR Solutions and Services Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Middle East & Africa Payroll-HR Solutions and Services Market Outlook by Product Type, 2020-2026
10.3 Middle East & Africa Payroll-HR Solutions and Services Market Outlook by Application, 2020-2026
10.4 Middle East & Africa Payroll-HR Solutions and Services Market Outlook by Country, 2020-2026



11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, Payroll-HR Solutions and Services Products, Financial Analysis)
11.1.1 Automatic Data Processing, Inc.
11.1.2 Paycor, Inc.
11.1.3 Paycom Software, Inc.
11.1.4 TMF Group Holding B.V.
11.1.5 SAP SE
11.1.6 Sage Group plc.
11.1.7 Paychex, Inc.
11.1.8 Ramco Systems Limited
11.1.9 Kronos Incorporated
11.1.10 Paylocity Corporation
11.2 Company Benchmarking 
11.3 Financial Analysis



12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements



13. Appendix
13.1 OG Analysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information



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