Global Payroll Outsourcing Market Size, Status and Forecast 2020-2026

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.
Market Analysis and Insights: Global Payroll Outsourcing Market
In 2019, the global Payroll Outsourcing market size was US$ 9861.6 million and it is expected to reach US$ 14900 million by the end of 2026, with a CAGR of 6.0% during 2021-2026.
Global Payroll Outsourcing Scope and Market Size
Payroll Outsourcing market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Payroll Outsourcing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Payroll Outsourcing market is segmented into Full-Managed Outsourcing, Co-Managed Outsourcing, etc.
Segment by Application, the Payroll Outsourcing market is segmented into Small Business, Midsized Business, Large Business, etc.
Regional and Country-level Analysis
The Payroll Outsourcing market is analysed and market size information is provided by regions (countries).
The key regions covered in the Payroll Outsourcing market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Payroll Outsourcing Market Share Analysis
Payroll Outsourcing market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Payroll Outsourcing business, the date to enter into the Payroll Outsourcing market, Payroll Outsourcing product introduction, recent developments, etc.
The major vendors include 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, etc.

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, China, Japan, 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

Market segment by Application, split into


Small Business
Midsized Business
Large Business

Market segment by Regions/Countries, this report covers


North America
Europe
China
Japan
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, China, Japan, 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 type, market and key regions.

In this study, the years considered to estimate the market size of Payroll Outsourcing are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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