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Global Payroll Outsourcing Services Market Research Report 2024

Global Payroll Outsourcing Services Market Research Report 2024

Publishing Date : Oct, 2023

License Type :
 

Report Code : 1706153

No of Pages : 103

Synopsis

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 Services. These services can calculate employee pay, make payments to employees, and generate tax forms such as W-2s. Payroll outsourcing decreases the need for in-house trained payroll staff members, and there is also no requirement to purchase or maintain appropriate software packages.

According to QYResearch’s new survey, global Payroll Outsourcing Services market is projected to reach US$ 11680 million in 2029, increasing from US$ 7609.9 million in 2022, with the CAGR of 6.0% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Payroll Outsourcing Services market research.

Global key players of payroll outsourcing services include ADP, Intuit, TriNet and Alight Solutions, etc. The top four players hold a share over 30%. America is dominating the global payroll outsourcing services market, has a share over 40% in terms of production. Americas is the largest market, has a share about 43%, followed by Europe and APAC, with share 29% and 24%, separately.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Payroll Outsourcing Services market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

By Company

  •     ADP
  •     Intuit
  •     TriNet
  •     Alight Solutions
  •     Deloitte
  •     KPMG
  •     Paychex
  •     Infosys
  •     BDO
  •     Ceridian
  •     TMF Group
  •     Immedis
  •     Neeyamo
  •     CloudPay
  •     Aurion
  •     Activpayroll
  •     Zalaris
  •     i-Admin

Segment by Type

  •     Full-Managed Outsourcing
  •     Co-Managed Outsourcing

Segment by Application

  •     Small Business
  •     Midsized Business
  •     Large Enterprise

By Region

  •  North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia, Nordic Countries, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea,Southeast Asia, India, Australia, Rest of Asia)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)

 

The Payroll Outsourcing Services report covers below items:

Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source

Index

 

 1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Payroll Outsourcing Services Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
        1.2.2 Full-Managed Outsourcing
        1.2.3 Co-Managed Outsourcing
    1.3 Market by Application
        1.3.1 Global Payroll Outsourcing Services Market Growth by Application: 2018 VS 2022 VS 2029
        1.3.2 Small Business
        1.3.3 Midsized Business
        1.3.4 Large Enterprise
    1.4 Study Objectives
    1.5 Years Considered
    1.6 Years Considered

 2 Global Growth Trends
    2.1 Global Payroll Outsourcing Services Market Perspective (2018-2029)
    2.2 Payroll Outsourcing Services Growth Trends by Region
        2.2.1 Global Payroll Outsourcing Services Market Size by Region: 2018 VS 2022 VS 2029
        2.2.2 Payroll Outsourcing Services Historic Market Size by Region (2018-2023)
        2.2.3 Payroll Outsourcing Services Forecasted Market Size by Region (2024-2029)
    2.3 Payroll Outsourcing Services Market Dynamics
        2.3.1 Payroll Outsourcing Services Industry Trends
        2.3.2 Payroll Outsourcing Services Market Drivers
        2.3.3 Payroll Outsourcing Services Market Challenges
        2.3.4 Payroll Outsourcing Services Market Restraints

 3 Competition Landscape by Key Players
    3.1 Global Top Payroll Outsourcing Services Players by Revenue
        3.1.1 Global Top Payroll Outsourcing Services Players by Revenue (2018-2023)
        3.1.2 Global Payroll Outsourcing Services Revenue Market Share by Players (2018-2023)
    3.2 Global Payroll Outsourcing Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Payroll Outsourcing Services Revenue
    3.4 Global Payroll Outsourcing Services Market Concentration Ratio
        3.4.1 Global Payroll Outsourcing Services Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Payroll Outsourcing Services Revenue in 2022
    3.5 Payroll Outsourcing Services Key Players Head office and Area Served
    3.6 Key Players Payroll Outsourcing Services Product Solution and Service
    3.7 Date of Enter into Payroll Outsourcing Services Market
    3.8 Mergers & Acquisitions, Expansion Plans

 4 Payroll Outsourcing Services Breakdown Data by Type
    4.1 Global Payroll Outsourcing Services Historic Market Size by Type (2018-2023)
    4.2 Global Payroll Outsourcing Services Forecasted Market Size by Type (2024-2029)

 5 Payroll Outsourcing Services Breakdown Data by Application
    5.1 Global Payroll Outsourcing Services Historic Market Size by Application (2018-2023)
    5.2 Global Payroll Outsourcing Services Forecasted Market Size by Application (2024-2029)

 6 North America
    6.1 North America Payroll Outsourcing Services Market Size (2018-2029)
    6.2 North America Payroll Outsourcing Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
    6.3 North America Payroll Outsourcing Services Market Size by Country (2018-2023)
    6.4 North America Payroll Outsourcing Services Market Size by Country (2024-2029)
    6.5 United States
    6.6 Canada

 7 Europe
    7.1 Europe Payroll Outsourcing Services Market Size (2018-2029)
    7.2 Europe Payroll Outsourcing Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
    7.3 Europe Payroll Outsourcing Services Market Size by Country (2018-2023)
    7.4 Europe Payroll Outsourcing Services Market Size by Country (2024-2029)
    7.5 Germany
    7.6 France
    7.7 U.K.
    7.8 Italy
    7.9 Russia
    7.10 Nordic Countries

 8 Asia-Pacific
    8.1 Asia-Pacific Payroll Outsourcing Services Market Size (2018-2029)
    8.2 Asia-Pacific Payroll Outsourcing Services Market Growth Rate by Region: 2018 VS 2022 VS 2029
    8.3 Asia-Pacific Payroll Outsourcing Services Market Size by Region (2018-2023)
    8.4 Asia-Pacific Payroll Outsourcing Services Market Size by Region (2024-2029)
    8.5 China
    8.6 Japan
    8.7 South Korea
    8.8 Southeast Asia
    8.9 India
    8.10 Australia

 9 Latin America
    9.1 Latin America Payroll Outsourcing Services Market Size (2018-2029)
    9.2 Latin America Payroll Outsourcing Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
    9.3 Latin America Payroll Outsourcing Services Market Size by Country (2018-2023)
    9.4 Latin America Payroll Outsourcing Services Market Size by Country (2024-2029)
    9.5 Mexico
    9.6 Brazil

 10 Middle East & Africa
    10.1 Middle East & Africa Payroll Outsourcing Services Market Size (2018-2029)
    10.2 Middle East & Africa Payroll Outsourcing Services Market Growth Rate by Country: 2018 VS 2022 VS 2029
    10.3 Middle East & Africa Payroll Outsourcing Services Market Size by Country (2018-2023)
    10.4 Middle East & Africa Payroll Outsourcing Services Market Size by Country (2024-2029)
    10.5 Turkey
    10.6 Saudi Arabia
    10.7 UAE

 11 Key Players Profiles
    11.1 ADP
        11.1.1 ADP Company Detail
        11.1.2 ADP Business Overview
        11.1.3 ADP Payroll Outsourcing Services Introduction
        11.1.4 ADP Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.1.5 ADP Recent Development
    11.2 Intuit
        11.2.1 Intuit Company Detail
        11.2.2 Intuit Business Overview
        11.2.3 Intuit Payroll Outsourcing Services Introduction
        11.2.4 Intuit Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.2.5 Intuit Recent Development
    11.3 TriNet
        11.3.1 TriNet Company Detail
        11.3.2 TriNet Business Overview
        11.3.3 TriNet Payroll Outsourcing Services Introduction
        11.3.4 TriNet Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.3.5 TriNet Recent Development
    11.4 Alight Solutions
        11.4.1 Alight Solutions Company Detail
        11.4.2 Alight Solutions Business Overview
        11.4.3 Alight Solutions Payroll Outsourcing Services Introduction
        11.4.4 Alight Solutions Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.4.5 Alight Solutions Recent Development
    11.5 Deloitte
        11.5.1 Deloitte Company Detail
        11.5.2 Deloitte Business Overview
        11.5.3 Deloitte Payroll Outsourcing Services Introduction
        11.5.4 Deloitte Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.5.5 Deloitte Recent Development
    11.6 KPMG
        11.6.1 KPMG Company Detail
        11.6.2 KPMG Business Overview
        11.6.3 KPMG Payroll Outsourcing Services Introduction
        11.6.4 KPMG Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.6.5 KPMG Recent Development
    11.7 Paychex
        11.7.1 Paychex Company Detail
        11.7.2 Paychex Business Overview
        11.7.3 Paychex Payroll Outsourcing Services Introduction
        11.7.4 Paychex Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.7.5 Paychex Recent Development
    11.8 Infosys
        11.8.1 Infosys Company Detail
        11.8.2 Infosys Business Overview
        11.8.3 Infosys Payroll Outsourcing Services Introduction
        11.8.4 Infosys Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.8.5 Infosys Recent Development
    11.9 BDO
        11.9.1 BDO Company Detail
        11.9.2 BDO Business Overview
        11.9.3 BDO Payroll Outsourcing Services Introduction
        11.9.4 BDO Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.9.5 BDO Recent Development
    11.10 Ceridian
        11.10.1 Ceridian Company Detail
        11.10.2 Ceridian Business Overview
        11.10.3 Ceridian Payroll Outsourcing Services Introduction
        11.10.4 Ceridian Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.10.5 Ceridian Recent Development
    11.11 TMF Group
        11.11.1 TMF Group Company Detail
        11.11.2 TMF Group Business Overview
        11.11.3 TMF Group Payroll Outsourcing Services Introduction
        11.11.4 TMF Group Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.11.5 TMF Group Recent Development
    11.12 Immedis
        11.12.1 Immedis Company Detail
        11.12.2 Immedis Business Overview
        11.12.3 Immedis Payroll Outsourcing Services Introduction
        11.12.4 Immedis Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.12.5 Immedis Recent Development
    11.13 Neeyamo
        11.13.1 Neeyamo Company Detail
        11.13.2 Neeyamo Business Overview
        11.13.3 Neeyamo Payroll Outsourcing Services Introduction
        11.13.4 Neeyamo Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.13.5 Neeyamo Recent Development
    11.14 CloudPay
        11.14.1 CloudPay Company Detail
        11.14.2 CloudPay Business Overview
        11.14.3 CloudPay Payroll Outsourcing Services Introduction
        11.14.4 CloudPay Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.14.5 CloudPay Recent Development
    11.15 Aurion
        11.15.1 Aurion Company Detail
        11.15.2 Aurion Business Overview
        11.15.3 Aurion Payroll Outsourcing Services Introduction
        11.15.4 Aurion Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.15.5 Aurion Recent Development
    11.16 Activpayroll
        11.16.1 Activpayroll Company Detail
        11.16.2 Activpayroll Business Overview
        11.16.3 Activpayroll Payroll Outsourcing Services Introduction
        11.16.4 Activpayroll Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.16.5 Activpayroll Recent Development
    11.17 Zalaris
        11.17.1 Zalaris Company Detail
        11.17.2 Zalaris Business Overview
        11.17.3 Zalaris Payroll Outsourcing Services Introduction
        11.17.4 Zalaris Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.17.5 Zalaris Recent Development
    11.18 i-Admin
        11.18.1 i-Admin Company Detail
        11.18.2 i-Admin Business Overview
        11.18.3 i-Admin Payroll Outsourcing Services Introduction
        11.18.4 i-Admin Revenue in Payroll Outsourcing Services Business (2018-2023)
        11.18.5 i-Admin Recent Development

 12 Analyst's Viewpoints/Conclusions

 13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details

Published By : QY Research

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