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Global Cloud-based Payroll Software Market Size study with COVID-19 Impact, by Product Type (Free and Open-Source Software and Subscription-Based Software ), Organization Size (Small- and Medium-Sized Enterprises and Large Enterprises), by Application (Government , Defense, Education, Banking, Financial Services, and Insurance (BFSI), IT and Others) and Regional Forecasts 2020-2026

May 2020 | 200 pages | ID: G44BB54C6160EN
Bizwit Research & Consulting LLP

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Global Cloud-based Payroll Software Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2026. The global Cloud-based Payroll Software Market is being affected due to the coronavirus pandemic as employees are asked to work from home and organizations are temporary shutdown. So various companies have temporarily stopped all new hiring and some have reduced team size. Payroll software organizes, and simplifies complex compensation planning and enables managers to improve budget allocations, increase accuracy, and align compensation decisions with organizational guidelines. Cloud-based payroll software is being installed by companies as it helps managers to improve accuracy as well as compensation and review processes. The cloud-based payroll software can be accessed from anywhere and helps organizations to access data and services remotely through a web browser without installing and managing application software. The secured cloud-backup of employee data, advantages over on-premise solutions and ease of system enhancements & updates are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: as per Company’s news release in November 2017, FinancialForce agreed a partnership with ADP. This partnership provided the access to ADP’s portfolio of HCM cloud solution including payroll services across the globe. However, security issue is the major factor restraining the growth of global Cloud-based Payroll Software market during the forecast period.

The regional analysis of global Cloud-based Payroll Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world owing to the presence of large number of industries with huge employee base per company. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.

Major market player included in this report are:
ADP Inc.
Sage Group
Zenefits Software
Kronos Incorporated
Ascentis HR Software
Oracle Corporation
Paycom Software Inc.
Ceridian HCM Inc. (Morneau Sheppell Inc.)
FinancialForce Software
IRIS Software Group Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Free and Open-Source Software
Subscription-Based Software

By Organization Size:
Small- and Medium-Sized Enterprises
Large Enterprises

By Application:
Government
Defense
Education
Banking, Financial Services, and Insurance (BFSI)
IT
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Cloud-based Payroll Software Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

CHAPTER 1.EXECUTIVE SUMMARY

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
  1.2.1.Cloud-based Payroll Software Market, by Region, 2018-2026 (USD Billion)
  1.2.2.Cloud-based Payroll Software Market, by Product Type, 2018-2026 (USD Billion)
  1.2.3.Cloud-based Payroll Software Market, by Organization Size, 2018-2026 (USD Billion)
  1.2.4.Cloud-based Payroll Software Market, by Application, 2018-2026 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

CHAPTER 2.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET DEFINITION AND SCOPE

2.1.Objective of the Study
2.2.Market Definition & Scope
  2.2.1.Scope of the Study
  2.2.2.Industry Evolution
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

CHAPTER 3.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET DYNAMICS

3.1.Cloud-based Payroll Software Market Impact Analysis (2018-2026)
  3.1.1.Market Drivers
  3.1.2.Market Challenges
  3.1.3.Market Opportunities

CHAPTER 4.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET: INDUSTRY ANALYSIS

4.1.Porter’s 5 Force Model
  4.1.1.Bargaining Power of Suppliers
  4.1.2.Bargaining Power of Buyers
  4.1.3.Threat of New Entrants
  4.1.4.Threat of Substitutes
  4.1.5.Competitive Rivalry
  4.1.6.Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2.PEST Analysis
  4.2.1.Political
  4.2.2.Economical
  4.2.3.Social
  4.2.4.Technological
4.3.Investment Adoption Model
4.4.Analyst Recommendation & Conclusion

CHAPTER 5.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET, BY PRODUCT TYPE

5.1.Market Snapshot
5.2.Global Cloud-based Payroll Software Market by Product Type, Performance - Potential Analysis
5.3.Global Cloud-based Payroll Software Market Estimates & Forecasts by Product Type 2016-2026 (USD Billion)
5.4.Cloud-based Payroll Software Market, Sub Segment Analysis
  5.4.1. Free and Open-Source Software
  5.4.2.Subscription-Based Software

CHAPTER 6.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET, BY ORGANIZATION SIZE

6.1.Market Snapshot
6.2.Global Cloud-based Payroll Software Market by Organization Size, Performance - Potential Analysis
6.3.Global Cloud-based Payroll Software Market Estimates & Forecasts by Organization Size 2016-2026 (USD Billion)
6.4.Cloud-based Payroll Software Market, Sub Segment Analysis
  6.4.1.Small- and Medium-Sized Enterprises
  6.4.2.Large Enterprises

CHAPTER 7.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET, BY APPLICATION

7.1.Market Snapshot
7.2.Global Cloud-based Payroll Software Market by Application, Performance - Potential Analysis
7.3.Global Cloud-based Payroll Software Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
7.4.Cloud-based Payroll Software Market, Sub Segment Analysis
  7.4.1.Government
  7.4.2.Defence
  7.4.3.Education
  7.4.4.Banking, Financial Services, and Insurance (BFSI)
  7.4.5.IT
  7.4.6.Others

CHAPTER 8.GLOBAL CLOUD-BASED PAYROLL SOFTWARE MARKET, REGIONAL ANALYSIS

8.1.Cloud-based Payroll Software Market, Regional Market Snapshot
8.2.North America Cloud-based Payroll Software Market
  8.2.1.U.S. Cloud-based Payroll Software Market
    8.2.1.1. Product Type breakdown estimates & forecasts, 2016-2026
    8.2.1.2. Organization Size breakdown estimates & forecasts, 2016-2026
    8.2.1.3. Application breakdown estimates & forecasts, 2016-2026
  8.2.2.Canada Cloud-based Payroll Software Market
8.3.Europe Cloud-based Payroll Software Market Snapshot
  8.3.1.U.K. Cloud-based Payroll Software Market
  8.3.2.Germany Cloud-based Payroll Software Market
  8.3.3.Rest of Europe Cloud-based Payroll Software Market
8.4.Asia-Pacific Cloud-based Payroll Software Market Snapshot
  8.4.1.China Cloud-based Payroll Software Market
  8.4.2.India Cloud-based Payroll Software Market
  8.4.3.Japan Cloud-based Payroll Software Market
  8.4.4.Rest of Asia Pacific Cloud-based Payroll Software Market
8.5.Latin America Cloud-based Payroll Software Market Snapshot
  8.5.1.Brazil Cloud-based Payroll Software Market
  8.5.2.Mexico Cloud-based Payroll Software Market
8.6.Rest of The World Cloud-based Payroll Software Market

CHAPTER 9.COMPETITIVE INTELLIGENCE

9.1.Top Market Strategies
9.2.Company Profiles
  9.2.1.ADP Inc.
    9.2.1.1.Key Information
    9.2.1.2.Overview
    9.2.1.3.Financial (Subject to Data Availability)
    9.2.1.4.Product Summary
    9.2.1.5.Recent Developments
  9.2.2. Sage Group
  9.2.3.Zenefits Software
  9.2.4.Kronos Incorporated
  9.2.5.Ascentis HR Software
  9.2.6.Oracle Corporation
  9.2.7.Paycom Software Inc.
  9.2.8.Ceridian HCM Inc. (Morneau Sheppell Inc.)
  9.2.9.FinancialForce Software
  9.2.10.IRIS Software Group Ltd.

CHAPTER 10.RESEARCH PROCESS

10.1.Research Process
  10.1.1.Data Mining
  10.1.2.Analysis
  10.1.3.Market Estimation
  10.1.4.Validation
  10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.List of secondary sources, used in the study of global Cloud-based Payroll Software market
TABLE 2.List of primary sources, used in the study of global Cloud-based Payroll Software market
TABLE 3.Global Cloud-based Payroll Software market, report scope
TABLE 4.Years considered for the study
TABLE 5.Exchange rates considered
TABLE 6.Global Cloud-based Payroll Software market estimates & forecasts by region 2016-2026 (USD Billion)
TABLE 7.Global Cloud-based Payroll Software market estimates & forecasts by Product Type 2016-2026 (USD Billion)
TABLE 8.Global Cloud-based Payroll Software market estimates & forecasts by Organization Size 2016-2026 (USD Billion)
TABLE 9.Global Cloud-based Payroll Software market estimates & forecasts by Application 2016-2026 (USD Billion)
TABLE 10.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 11.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 12.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 13.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 14.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 15.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 16.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 17.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 18.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 19.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 20.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 21.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 22.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 23.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 24.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 25.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 26.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 27.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 28.Global Cloud-based Payroll Software market by segment, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 29.Global Cloud-based Payroll Software market by region, estimates & forecasts, 2016-2026 (USD Billion)
TABLE 30.U.S. Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 31.U.S. Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 32.U.S. Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 33.U.S. Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 34.Canada Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 35.Canada Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 36.Canada Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 37.Canada Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 38.UK Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 39.UK Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 40.UK Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 41.UK Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 42.Germany Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 43.Germany Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 44.Germany Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 45.Germany Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 46.ROE Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 47.ROE Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 48.ROE Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 49.ROE Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 50.China Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 51.China Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 52.China Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 53.China Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 54.India Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 55.India Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 56.India Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 57.India Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 58.Japan Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 59.Japan Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 60.Japan Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 61.Japan Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 62.ROPAC Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 63.ROPAC Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 64.ROPAC Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 65.ROPAC Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 66.Brazil Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 67.Brazil Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 68.Brazil Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 69.Brazil Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 70.Mexico Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 71.Mexico Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 72.Mexico Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 73.Mexico Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 74.ROLA Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 75.ROLA Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 76.ROLA Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 77.ROLA Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 78.ROW Cloud-based Payroll Software market estimates & forecasts, 2016-2026 (USD Billion)
TABLE 79.ROW Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 80.ROW Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)
TABLE 81.ROW Cloud-based Payroll Software market estimates & forecasts by segment 2016-2026 (USD Billion)

LIST OF FIGURES

FIG 1.Global Cloud-based Payroll Software market, research methodology
FIG 2.Global Cloud-based Payroll Software market, market estimation techniques
FIG 3.Global market size estimates & forecast methods
FIG 4.Global Cloud-based Payroll Software market, key trends 2019
FIG 5.Global Cloud-based Payroll Software market, growth prospects 2020-2026
FIG 6.Global Cloud-based Payroll Software market, porters 5 force model
FIG 7.Global Cloud-based Payroll Software market, pest analysis
FIG 8.Global Cloud-based Payroll Software market, value chain analysis
FIG 9.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 10.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 11.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 12.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 13.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 14.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 15.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 16.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 17.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 18.Global Cloud-based Payroll Software market by segment, 2016 & 2026 (USD Billion)
FIG 19.Global Cloud-based Payroll Software market, regional snapshot 2016 & 2026
FIG 20.North america Cloud-based Payroll Software market 2016 & 2026 (USD Billion)
FIG 21.Europe Cloud-based Payroll Software market 2016 & 2026 (USD Billion)
FIG 22.Asia pacific Cloud-based Payroll Software market 2016 & 2026 (USD Billion)
FIG 23.Latin america Cloud-based Payroll Software market 2016 & 2026 (USD Billion)
FIG 24.Global Cloud-based Payroll Software market, company market share analysis (2019)

COMPANIES MENTIONED

ADP Inc.
Sage Group
Zenefits Software
Kronos Incorporated
Ascentis HR Software
Oracle Corporation
Paycom Software Inc.
Ceridian HCM Inc. (Morneau Sheppell Inc.)
FinancialForce Software
IRIS Software Group Ltd.


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