Payroll Outsourcing Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global payroll outsourcing market is expected to grow at a CAGR of around 5.0% during 2023-2030. This report on global payroll outsourcing market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global payroll outsourcing market by segmenting the market based on type, size, end user and region. Also, detailed profiles of companies operating in the payroll outsourcing market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Type
Market Drivers
- Growing Demand for Payroll Cost Visibility
- Increasing Adoption of Cloud-Based Digital Payroll
- Setting Up Standard Procedure for Payroll Services
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Type
- Fully Managed
- Hybrid
- Small Business
- Medium Business
- Large Business
- IT & Telecommunication
- Healthcare
- BFSI
- Public Sector
- Consumer and Industrial Products
- Others
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- Rest of Middle East & Africa
1. PREFACE
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL PAYROLL OUTSOURCING MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL PAYROLL OUTSOURCING MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL PAYROLL OUTSOURCING MARKET BY TYPE
5.1. Introduction
5.2. Fully Manged
5.3. Hybrid
6. GLOBAL PAYROLL OUTSOURCING MARKET BY SIZE
6.1. Introduction
6.2. Small Business
6.3. Medium Business
6.4. Large Business
7. GLOBAL PAYROLL OUTSOURCING MARKET BY END-USER
7.1. Introduction
7.2. IT & Telecommunication
7.3. Healthcare
7.4. BFSI
7.5. Public Sector
7.6. Consumer and Industrial Products
7.7. Others
8. GLOBAL PAYROLL OUTSOURCING MARKET BY REGION
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Accenture PLC
12.2.2. Automatic Data Processing (ADP)
12.2.3. Cegedim Services Resources Humaines SA
12.2.4. CGI Group, Inc.
12.2.5. Deloitte Touche Tohmatsu Limited
12.2.6. Excellerate HRO
12.2.7. Hewlett Packard Enterprise (HPE)
12.2.8. Infosys Limited
12.2.9. International Business Machines (IBM)
12.2.10. IRIS Software Group Limited
12.2.11. NGA Human Resources
12.2.12. Paychex, Inc.
12.2.13. Ramco Systems Limited
12.2.14. Safeguard World International
12.2.15. Wipro Limited
12.2.16. Workday, Inc.
12.2.17. Xerox Holdings Corporation
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL PAYROLL OUTSOURCING MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL PAYROLL OUTSOURCING MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL PAYROLL OUTSOURCING MARKET BY TYPE
5.1. Introduction
5.2. Fully Manged
5.3. Hybrid
6. GLOBAL PAYROLL OUTSOURCING MARKET BY SIZE
6.1. Introduction
6.2. Small Business
6.3. Medium Business
6.4. Large Business
7. GLOBAL PAYROLL OUTSOURCING MARKET BY END-USER
7.1. Introduction
7.2. IT & Telecommunication
7.3. Healthcare
7.4. BFSI
7.5. Public Sector
7.6. Consumer and Industrial Products
7.7. Others
8. GLOBAL PAYROLL OUTSOURCING MARKET BY REGION
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Accenture PLC
12.2.2. Automatic Data Processing (ADP)
12.2.3. Cegedim Services Resources Humaines SA
12.2.4. CGI Group, Inc.
12.2.5. Deloitte Touche Tohmatsu Limited
12.2.6. Excellerate HRO
12.2.7. Hewlett Packard Enterprise (HPE)
12.2.8. Infosys Limited
12.2.9. International Business Machines (IBM)
12.2.10. IRIS Software Group Limited
12.2.11. NGA Human Resources
12.2.12. Paychex, Inc.
12.2.13. Ramco Systems Limited
12.2.14. Safeguard World International
12.2.15. Wipro Limited
12.2.16. Workday, Inc.
12.2.17. Xerox Holdings Corporation
LIST OF TABLES
Table 1: Global Payroll Outsourcing Market Portraiture
Table 2: Global Payroll Outsourcing Market by Type (in US$ Million), 2022 & 2030
Table 3: Global Payroll Outsourcing Market by Size (in US$ Million), 2022 & 2030
Table 4: Global Payroll Outsourcing Market by End-User (in US$ Million), 2022 & 2030
Table 5: Global Payroll Outsourcing Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
Table 1: Global Payroll Outsourcing Market Portraiture
Table 2: Global Payroll Outsourcing Market by Type (in US$ Million), 2022 & 2030
Table 3: Global Payroll Outsourcing Market by Size (in US$ Million), 2022 & 2030
Table 4: Global Payroll Outsourcing Market by End-User (in US$ Million), 2022 & 2030
Table 5: Global Payroll Outsourcing Market by Region (in US$ Million), 2022 & 2030
Table 6: Europe Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 7: North America Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 8: Asia Pacific Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 9: Latin America Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 10: Middle East & Africa Payroll Outsourcing Market by Country (in US$ Million), 2022 & 2030
Table 11: List of Key Players
LIST OF FIGURES
Figure 1: Global Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 2: Global Payroll Outsourcing Market by Type, 2022
Figure 3: Global Payroll Outsourcing Market by Size, 2022
Figure 4: Global Payroll Outsourcing Market by End-User, 2022
Figure 5: Global Payroll Outsourcing Market by Region, 2022
Figure 6: Global Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 7: Global Payroll Outsourcing Market by Type (in %), 2022 & 2030
Figure 8: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 9: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 10: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 11: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 12: Global Payroll Outsourcing Market by Size (in %), 2022 & 2030
Figure 13: Global Small Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 14: Global Small Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 15: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 16: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 17: Global Large Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 18: Global Large Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 19: Global Payroll Outsourcing Market by End-User (in %), 2022 & 2030
Figure 20: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 21: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 22: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 23: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 24: Global BFSI Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 25: Global BFSI Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 26: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 27: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 28: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 29: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 30: Global Others Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 31: Global Others Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 32: Global Payroll Outsourcing Market by Region (in %), 2022 & 2030
Figure 33: Europe Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 34: Europe Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 35: Europe Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 36: Germany Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 37: United Kingdom Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 38: France Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 39: Italy Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 40: Spain Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 41: Russia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 42: Netherlands Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 43: North America Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 44: North America Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 45: North America Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 46: United States Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 47: Canada Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 48: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 49: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 50: Asia Pacific Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 51: China Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 52: Japan Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 53: India Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 54: South Korea Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 55: Australia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 56: Indonesia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 57: Latin America Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 58: Latin America Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 59: Latin America Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 60: Mexico Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 61: Brazil Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 62: Argentina Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 63: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 64: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 65: Middle East & Africa Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 66: Saudi Arabia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 67: Turkey Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 68: Iran Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 69: UAE Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 70: Market Value Chain
Figure 1: Global Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 2: Global Payroll Outsourcing Market by Type, 2022
Figure 3: Global Payroll Outsourcing Market by Size, 2022
Figure 4: Global Payroll Outsourcing Market by End-User, 2022
Figure 5: Global Payroll Outsourcing Market by Region, 2022
Figure 6: Global Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 7: Global Payroll Outsourcing Market by Type (in %), 2022 & 2030
Figure 8: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 9: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 10: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 11: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 12: Global Payroll Outsourcing Market by Size (in %), 2022 & 2030
Figure 13: Global Small Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 14: Global Small Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 15: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 16: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 17: Global Large Business Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 18: Global Large Business Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 19: Global Payroll Outsourcing Market by End-User (in %), 2022 & 2030
Figure 20: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 21: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 22: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 23: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 24: Global BFSI Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 25: Global BFSI Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 26: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 27: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 28: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 29: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 30: Global Others Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 31: Global Others Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 32: Global Payroll Outsourcing Market by Region (in %), 2022 & 2030
Figure 33: Europe Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 34: Europe Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 35: Europe Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 36: Germany Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 37: United Kingdom Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 38: France Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 39: Italy Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 40: Spain Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 41: Russia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 42: Netherlands Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 43: North America Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 44: North America Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 45: North America Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 46: United States Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 47: Canada Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 48: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 49: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 50: Asia Pacific Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 51: China Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 52: Japan Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 53: India Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 54: South Korea Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 55: Australia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 56: Indonesia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 57: Latin America Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 58: Latin America Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 59: Latin America Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 60: Mexico Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 61: Brazil Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 62: Argentina Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 63: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2018-2022
Figure 64: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2023-2030
Figure 65: Middle East & Africa Payroll Outsourcing Market by Country (in %), 2022 & 2030
Figure 66: Saudi Arabia Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 67: Turkey Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 68: Iran Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 69: UAE Payroll Outsourcing Market (in US$ Million), 2018-2030
Figure 70: Market Value Chain
