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A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk/safety management, and training and development.
Global PEOs (Professional Employer Organizations) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029.
The PEOs Revenue reached about 21 billion USD in 2017 from 14 billion USD in 2013 all around the world, with the CAGR of 11%.
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 PEOs (Professional Employer Organizations) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Automatic Data Processing (ADP)
Insperity
TriNet
Paychex
TEL Staffing & HR
Oasis Outsourcing
Ahead Human Resources
Group Management Services (GMS)
Alcott HR
Total HR
Solid Business Solutions
CoAdvantage
FrankCrum
Premier Employer Services
XcelHR
Abel
AccessPoint
Acadia HR
Emplicity
Employer Solutions Group
Resource Management Inc
Justworks
OneSource Business Solutions
Pinnacle PEO
Synergy HR
Segment by Type
Full Service PEO
ASO
Segment by Application
Small Businesses
Medium Businesses
Large Businesses
By Region
North America
United States
Canada
Europe
Germany
France
UK
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 PEOs (Professional Employer Organizations) 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
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global PEOs (Professional Employer Organizations) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Full Service PEO
1.2.3 ASO
1.3 Market by Application
1.3.1 Global PEOs (Professional Employer Organizations) Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Small Businesses
1.3.3 Medium Businesses
1.3.4 Large Businesses
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global PEOs (Professional Employer Organizations) Market Perspective (2018-2029)
2.2 PEOs (Professional Employer Organizations) Growth Trends by Region
2.2.1 Global PEOs (Professional Employer Organizations) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 PEOs (Professional Employer Organizations) Historic Market Size by Region (2018-2023)
2.2.3 PEOs (Professional Employer Organizations) Forecasted Market Size by Region (2024-2029)
2.3 PEOs (Professional Employer Organizations) Market Dynamics
2.3.1 PEOs (Professional Employer Organizations) Industry Trends
2.3.2 PEOs (Professional Employer Organizations) Market Drivers
2.3.3 PEOs (Professional Employer Organizations) Market Challenges
2.3.4 PEOs (Professional Employer Organizations) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top PEOs (Professional Employer Organizations) Players by Revenue
3.1.1 Global Top PEOs (Professional Employer Organizations) Players by Revenue (2018-2023)
3.1.2 Global PEOs (Professional Employer Organizations) Revenue Market Share by Players (2018-2023)
3.2 Global PEOs (Professional Employer Organizations) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by PEOs (Professional Employer Organizations) Revenue
3.4 Global PEOs (Professional Employer Organizations) Market Concentration Ratio
3.4.1 Global PEOs (Professional Employer Organizations) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by PEOs (Professional Employer Organizations) Revenue in 2022
3.5 PEOs (Professional Employer Organizations) Key Players Head office and Area Served
3.6 Key Players PEOs (Professional Employer Organizations) Product Solution and Service
3.7 Date of Enter into PEOs (Professional Employer Organizations) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 PEOs (Professional Employer Organizations) Breakdown Data by Type
4.1 Global PEOs (Professional Employer Organizations) Historic Market Size by Type (2018-2023)
4.2 Global PEOs (Professional Employer Organizations) Forecasted Market Size by Type (2024-2029)
5 PEOs (Professional Employer Organizations) Breakdown Data by Application
5.1 Global PEOs (Professional Employer Organizations) Historic Market Size by Application (2018-2023)
5.2 Global PEOs (Professional Employer Organizations) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America PEOs (Professional Employer Organizations) Market Size (2018-2029)
6.2 North America PEOs (Professional Employer Organizations) Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America PEOs (Professional Employer Organizations) Market Size by Country (2018-2023)
6.4 North America PEOs (Professional Employer Organizations) Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe PEOs (Professional Employer Organizations) Market Size (2018-2029)
7.2 Europe PEOs (Professional Employer Organizations) Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe PEOs (Professional Employer Organizations) Market Size by Country (2018-2023)
7.4 Europe PEOs (Professional Employer Organizations) 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 PEOs (Professional Employer Organizations) Market Size (2018-2029)
8.2 Asia-Pacific PEOs (Professional Employer Organizations) Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Region (2018-2023)
8.4 Asia-Pacific PEOs (Professional Employer Organizations) 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 PEOs (Professional Employer Organizations) Market Size (2018-2029)
9.2 Latin America PEOs (Professional Employer Organizations) Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America PEOs (Professional Employer Organizations) Market Size by Country (2018-2023)
9.4 Latin America PEOs (Professional Employer Organizations) Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa PEOs (Professional Employer Organizations) Market Size (2018-2029)
10.2 Middle East & Africa PEOs (Professional Employer Organizations) Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Country (2018-2023)
10.4 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Automatic Data Processing (ADP)
11.1.1 Automatic Data Processing (ADP) Company Detail
11.1.2 Automatic Data Processing (ADP) Business Overview
11.1.3 Automatic Data Processing (ADP) PEOs (Professional Employer Organizations) Introduction
11.1.4 Automatic Data Processing (ADP) Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.1.5 Automatic Data Processing (ADP) Recent Development
11.2 Insperity
11.2.1 Insperity Company Detail
11.2.2 Insperity Business Overview
11.2.3 Insperity PEOs (Professional Employer Organizations) Introduction
11.2.4 Insperity Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.2.5 Insperity Recent Development
11.3 TriNet
11.3.1 TriNet Company Detail
11.3.2 TriNet Business Overview
11.3.3 TriNet PEOs (Professional Employer Organizations) Introduction
11.3.4 TriNet Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.3.5 TriNet Recent Development
11.4 Paychex
11.4.1 Paychex Company Detail
11.4.2 Paychex Business Overview
11.4.3 Paychex PEOs (Professional Employer Organizations) Introduction
11.4.4 Paychex Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.4.5 Paychex Recent Development
11.5 TEL Staffing & HR
11.5.1 TEL Staffing & HR Company Detail
11.5.2 TEL Staffing & HR Business Overview
11.5.3 TEL Staffing & HR PEOs (Professional Employer Organizations) Introduction
11.5.4 TEL Staffing & HR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.5.5 TEL Staffing & HR Recent Development
11.6 Oasis Outsourcing
11.6.1 Oasis Outsourcing Company Detail
11.6.2 Oasis Outsourcing Business Overview
11.6.3 Oasis Outsourcing PEOs (Professional Employer Organizations) Introduction
11.6.4 Oasis Outsourcing Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.6.5 Oasis Outsourcing Recent Development
11.7 Ahead Human Resources
11.7.1 Ahead Human Resources Company Detail
11.7.2 Ahead Human Resources Business Overview
11.7.3 Ahead Human Resources PEOs (Professional Employer Organizations) Introduction
11.7.4 Ahead Human Resources Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.7.5 Ahead Human Resources Recent Development
11.8 Group Management Services (GMS)
11.8.1 Group Management Services (GMS) Company Detail
11.8.2 Group Management Services (GMS) Business Overview
11.8.3 Group Management Services (GMS) PEOs (Professional Employer Organizations) Introduction
11.8.4 Group Management Services (GMS) Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.8.5 Group Management Services (GMS) Recent Development
11.9 Alcott HR
11.9.1 Alcott HR Company Detail
11.9.2 Alcott HR Business Overview
11.9.3 Alcott HR PEOs (Professional Employer Organizations) Introduction
11.9.4 Alcott HR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.9.5 Alcott HR Recent Development
11.10 Total HR
11.10.1 Total HR Company Detail
11.10.2 Total HR Business Overview
11.10.3 Total HR PEOs (Professional Employer Organizations) Introduction
11.10.4 Total HR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.10.5 Total HR Recent Development
11.11 Solid Business Solutions
11.11.1 Solid Business Solutions Company Detail
11.11.2 Solid Business Solutions Business Overview
11.11.3 Solid Business Solutions PEOs (Professional Employer Organizations) Introduction
11.11.4 Solid Business Solutions Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.11.5 Solid Business Solutions Recent Development
11.12 CoAdvantage
11.12.1 CoAdvantage Company Detail
11.12.2 CoAdvantage Business Overview
11.12.3 CoAdvantage PEOs (Professional Employer Organizations) Introduction
11.12.4 CoAdvantage Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.12.5 CoAdvantage Recent Development
11.13 FrankCrum
11.13.1 FrankCrum Company Detail
11.13.2 FrankCrum Business Overview
11.13.3 FrankCrum PEOs (Professional Employer Organizations) Introduction
11.13.4 FrankCrum Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.13.5 FrankCrum Recent Development
11.14 Premier Employer Services
11.14.1 Premier Employer Services Company Detail
11.14.2 Premier Employer Services Business Overview
11.14.3 Premier Employer Services PEOs (Professional Employer Organizations) Introduction
11.14.4 Premier Employer Services Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.14.5 Premier Employer Services Recent Development
11.15 XcelHR
11.15.1 XcelHR Company Detail
11.15.2 XcelHR Business Overview
11.15.3 XcelHR PEOs (Professional Employer Organizations) Introduction
11.15.4 XcelHR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.15.5 XcelHR Recent Development
11.16 Abel
11.16.1 Abel Company Detail
11.16.2 Abel Business Overview
11.16.3 Abel PEOs (Professional Employer Organizations) Introduction
11.16.4 Abel Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.16.5 Abel Recent Development
11.17 AccessPoint
11.17.1 AccessPoint Company Detail
11.17.2 AccessPoint Business Overview
11.17.3 AccessPoint PEOs (Professional Employer Organizations) Introduction
11.17.4 AccessPoint Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.17.5 AccessPoint Recent Development
11.18 Acadia HR
11.18.1 Acadia HR Company Detail
11.18.2 Acadia HR Business Overview
11.18.3 Acadia HR PEOs (Professional Employer Organizations) Introduction
11.18.4 Acadia HR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.18.5 Acadia HR Recent Development
11.19 Emplicity
11.19.1 Emplicity Company Detail
11.19.2 Emplicity Business Overview
11.19.3 Emplicity PEOs (Professional Employer Organizations) Introduction
11.19.4 Emplicity Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.19.5 Emplicity Recent Development
11.20 Employer Solutions Group
11.20.1 Employer Solutions Group Company Detail
11.20.2 Employer Solutions Group Business Overview
11.20.3 Employer Solutions Group PEOs (Professional Employer Organizations) Introduction
11.20.4 Employer Solutions Group Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.20.5 Employer Solutions Group Recent Development
11.21 Resource Management Inc
11.21.1 Resource Management Inc Company Detail
11.21.2 Resource Management Inc Business Overview
11.21.3 Resource Management Inc PEOs (Professional Employer Organizations) Introduction
11.21.4 Resource Management Inc Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.21.5 Resource Management Inc Recent Development
11.22 Justworks
11.22.1 Justworks Company Detail
11.22.2 Justworks Business Overview
11.22.3 Justworks PEOs (Professional Employer Organizations) Introduction
11.22.4 Justworks Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.22.5 Justworks Recent Development
11.23 OneSource Business Solutions
11.23.1 OneSource Business Solutions Company Detail
11.23.2 OneSource Business Solutions Business Overview
11.23.3 OneSource Business Solutions PEOs (Professional Employer Organizations) Introduction
11.23.4 OneSource Business Solutions Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.23.5 OneSource Business Solutions Recent Development
11.24 Pinnacle PEO
11.24.1 Pinnacle PEO Company Detail
11.24.2 Pinnacle PEO Business Overview
11.24.3 Pinnacle PEO PEOs (Professional Employer Organizations) Introduction
11.24.4 Pinnacle PEO Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.24.5 Pinnacle PEO Recent Development
11.25 Synergy HR
11.25.1 Synergy HR Company Detail
11.25.2 Synergy HR Business Overview
11.25.3 Synergy HR PEOs (Professional Employer Organizations) Introduction
11.25.4 Synergy HR Revenue in PEOs (Professional Employer Organizations) Business (2018-2023)
11.25.5 Synergy HR 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
Published By : QY Research