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Download Free sampleOrganizations may collaborate with an external firm to handle all their payroll functions to save valuable time and money ? this is known as payroll outsourcing.
Payroll Outsourcing Market contains market size and forecasts of Payroll Outsourcing in Global, including the following market information:
Global Payroll Outsourcing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Payroll Outsourcing market was valued at 10040 million in 2021 and is projected to reach US$ 14940 million by 2028, at a CAGR of 5.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Full-Managed Outsourcing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Payroll Outsourcing include ADP, Sage, Xerox, Paychex, Gusto, Intuit, Zalaris, Infosys and KPMG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Payroll Outsourcing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Payroll Outsourcing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Payroll Outsourcing Market Segment Percentages, by Type, 2021 (%)
Full-Managed Outsourcing
Co-Managed Outsourcing
Global Payroll Outsourcing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Payroll Outsourcing Market Segment Percentages, by Application, 2021 (%)
Small Business
Midsized Business
Large Business
Global Payroll Outsourcing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Payroll Outsourcing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Payroll Outsourcing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Payroll Outsourcing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players 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
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