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Global Payroll Outsourcing Market Size, Status and Forecast 2020-2026

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Published on 07/29/2020| Code: QYR56111D| Category: Information Technology| Total Pages: 125

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.

Overall, the Payroll Outsourcing products performance is positive with the current environment status. There are many different types of Payroll Outsourcing. The market can be segmented into: Full-Managed Outsourcing and Co-Managed Outsourcing. Full-Managed Outsourcing is the most commonly used and efficient types and took 61.58% market share in 2018. By application, Small Business is the largest consumer group, with consumption market share of 40.92% in 2018.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Payroll Outsourcing market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyses the impact of Coronavirus COVID-19 on the Payroll Outsourcing industry.

Based on our recent survey, we have several different scenarios about the Payroll Outsourcing YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 9861.6 million in 2019. The market size of Payroll Outsourcing will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Payroll Outsourcing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Payroll Outsourcing market in terms of revenue.

Players, stakeholders, and other participants in the global Payroll Outsourcing market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Payroll Outsourcing market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.

Competition Analysis

In the competitive analysis section of the report, leading as well as prominent players of the global Payroll Outsourcing market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Payroll Outsourcing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Payroll Outsourcing market.

The following players are covered in this report:

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

Payroll Outsourcing Breakdown Data by Type

Full-Managed Outsourcing

Co-Managed Outsourcing

Payroll Outsourcing Breakdown Data by Application

Small Business

Midsized Business

Large Business

1 Report Overview

    1.1 Study Scope

    1.2 Key Market Segments

    1.3 Players Covered: Ranking by Payroll Outsourcing Revenue

    1.4 Market Analysis by Type

        1.4.1 Global Payroll Outsourcing Market Size Growth Rate by Type: 2020 VS 2026

        1.4.2 Full-Managed Outsourcing

        1.4.3 Co-Managed Outsourcing

    1.5 Market by Application

        1.5.1 Global Payroll Outsourcing Market Share by Application: 2020 VS 2026

        1.5.2 Small Business

        1.5.3 Midsized Business

        1.5.4 Large Business

    1.6 Coronavirus Disease 2019 (Covid-19): Payroll Outsourcing Industry Impact

        1.6.1 How the Covid-19 is Affecting the Payroll Outsourcing Industry

            1.6.1.1 Payroll Outsourcing Business Impact Assessment - Covid-19

            1.6.1.2 Supply Chain Challenges

            1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products

        1.6.2 Market Trends and Payroll Outsourcing Potential Opportunities in the COVID-19 Landscape

        1.6.3 Measures / Proposal against Covid-19

            1.6.3.1 Government Measures to Combat Covid-19 Impact

            1.6.3.2 Proposal for Payroll Outsourcing Players to Combat Covid-19 Impact

    1.7 Study Objectives

    1.8 Years Considered

2 Global Growth Trends by Regions

    2.1 Payroll Outsourcing Market Perspective (2015-2026)

    2.2 Payroll Outsourcing Growth Trends by Regions

        2.2.1 Payroll Outsourcing Market Size by Regions: 2015 VS 2020 VS 2026

        2.2.2 Payroll Outsourcing Historic Market Share by Regions (2015-2020)

        2.2.3 Payroll Outsourcing Forecasted Market Size by Regions (2021-2026)

    2.3 Industry Trends and Growth Strategy

        2.3.1 Market Top Trends

        2.3.2 Market Drivers

        2.3.3 Market Challenges

        2.3.4 Porter’s Five Forces Analysis

        2.3.5 Payroll Outsourcing Market Growth Strategy

        2.3.6 Primary Interviews with Key Payroll Outsourcing Players (Opinion Leaders)

3 Competition Landscape by Key Players

    3.1 Global Top Payroll Outsourcing Players by Market Size

        3.1.1 Global Top Payroll Outsourcing Players by Revenue (2015-2020)

        3.1.2 Global Payroll Outsourcing Revenue Market Share by Players (2015-2020)

        3.1.3 Global Payroll Outsourcing Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

    3.2 Global Payroll Outsourcing Market Concentration Ratio

        3.2.1 Global Payroll Outsourcing Market Concentration Ratio (CR5 and HHI)

        3.2.2 Global Top 10 and Top 5 Companies by Payroll Outsourcing Revenue in 2019

    3.3 Payroll Outsourcing Key Players Head office and Area Served

    3.4 Key Players Payroll Outsourcing Product Solution and Service

    3.5 Date of Enter into Payroll Outsourcing Market

    3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2015-2026)

    4.1 Global Payroll Outsourcing Historic Market Size by Type (2015-2020)

    4.2 Global Payroll Outsourcing Forecasted Market Size by Type (2021-2026)

5 Payroll Outsourcing Breakdown Data by Application (2015-2026)

    5.1 Global Payroll Outsourcing Market Size by Application (2015-2020)

    5.2 Global Payroll Outsourcing Forecasted Market Size by Application (2021-2026)

6 North America

    6.1 North America Payroll Outsourcing Market Size (2015-2020)

    6.2 Payroll Outsourcing Key Players in North America (2019-2020)

    6.3 North America Payroll Outsourcing Market Size by Type (2015-2020)

    6.4 North America Payroll Outsourcing Market Size by Application (2015-2020)

7 Europe

    7.1 Europe Payroll Outsourcing Market Size (2015-2020)

    7.2 Payroll Outsourcing Key Players in Europe (2019-2020)

    7.3 Europe Payroll Outsourcing Market Size by Type (2015-2020)

    7.4 Europe Payroll Outsourcing Market Size by Application (2015-2020)

8 China

    8.1 China Payroll Outsourcing Market Size (2015-2020)

    8.2 Payroll Outsourcing Key Players in China (2019-2020)

    8.3 China Payroll Outsourcing Market Size by Type (2015-2020)

    8.4 China Payroll Outsourcing Market Size by Application (2015-2020)

9 Japan

    9.1 Japan Payroll Outsourcing Market Size (2015-2020)

    9.2 Payroll Outsourcing Key Players in Japan (2019-2020)

    9.3 Japan Payroll Outsourcing Market Size by Type (2015-2020)

    9.4 Japan Payroll Outsourcing Market Size by Application (2015-2020)

10 Southeast Asia

    10.1 Southeast Asia Payroll Outsourcing Market Size (2015-2020)

    10.2 Payroll Outsourcing Key Players in Southeast Asia (2019-2020)

    10.3 Southeast Asia Payroll Outsourcing Market Size by Type (2015-2020)

    10.4 Southeast Asia Payroll Outsourcing Market Size by Application (2015-2020)

11 India

    11.1 India Payroll Outsourcing Market Size (2015-2020)

    11.2 Payroll Outsourcing Key Players in India (2019-2020)

    11.3 India Payroll Outsourcing Market Size by Type (2015-2020)

    11.4 India Payroll Outsourcing Market Size by Application (2015-2020)

12 Central & South America

    12.1 Central & South America Payroll Outsourcing Market Size (2015-2020)

    12.2 Payroll Outsourcing Key Players in Central & South America (2019-2020)

    12.3 Central & South America Payroll Outsourcing Market Size by Type (2015-2020)

    12.4 Central & South America Payroll Outsourcing Market Size by Application (2015-2020)

13 Key Players Profiles

    13.1 ADP

        13.1.1 ADP Company Details

        13.1.2 ADP Business Overview and Its Total Revenue

        13.1.3 ADP Payroll Outsourcing Introduction

        13.1.4 ADP Revenue in Payroll Outsourcing Business (2015-2020))

        13.1.5 ADP Recent Development

    13.2 Sage

        13.2.1 Sage Company Details

        13.2.2 Sage Business Overview and Its Total Revenue

        13.2.3 Sage Payroll Outsourcing Introduction

        13.2.4 Sage Revenue in Payroll Outsourcing Business (2015-2020)

        13.2.5 Sage Recent Development

    13.3 Xerox

        13.3.1 Xerox Company Details

        13.3.2 Xerox Business Overview and Its Total Revenue

        13.3.3 Xerox Payroll Outsourcing Introduction

        13.3.4 Xerox Revenue in Payroll Outsourcing Business (2015-2020)

        13.3.5 Xerox Recent Development

    13.4 Paychex

        13.4.1 Paychex Company Details

        13.4.2 Paychex Business Overview and Its Total Revenue

        13.4.3 Paychex Payroll Outsourcing Introduction

        13.4.4 Paychex Revenue in Payroll Outsourcing Business (2015-2020)

        13.4.5 Paychex Recent Development

    13.5 Gusto

        13.5.1 Gusto Company Details

        13.5.2 Gusto Business Overview and Its Total Revenue

        13.5.3 Gusto Payroll Outsourcing Introduction

        13.5.4 Gusto Revenue in Payroll Outsourcing Business (2015-2020)

        13.5.5 Gusto Recent Development

    13.6 Intuit

        13.6.1 Intuit Company Details

        13.6.2 Intuit Business Overview and Its Total Revenue

        13.6.3 Intuit Payroll Outsourcing Introduction

        13.6.4 Intuit Revenue in Payroll Outsourcing Business (2015-2020)

        13.6.5 Intuit Recent Development

    13.7 Zalaris

        13.7.1 Zalaris Company Details

        13.7.2 Zalaris Business Overview and Its Total Revenue

        13.7.3 Zalaris Payroll Outsourcing Introduction

        13.7.4 Zalaris Revenue in Payroll Outsourcing Business (2015-2020)

        13.7.5 Zalaris Recent Development

    13.8 Infosys

        13.8.1 Infosys Company Details

        13.8.2 Infosys Business Overview and Its Total Revenue

        13.8.3 Infosys Payroll Outsourcing Introduction

        13.8.4 Infosys Revenue in Payroll Outsourcing Business (2015-2020)

        13.8.5 Infosys Recent Development

    13.9 KPMG

        13.9.1 KPMG Company Details

        13.9.2 KPMG Business Overview and Its Total Revenue

        13.9.3 KPMG Payroll Outsourcing Introduction

        13.9.4 KPMG Revenue in Payroll Outsourcing Business (2015-2020)

        13.9.5 KPMG Recent Development

    13.10 Vision H.R.

        13.10.1 Vision H.R. Company Details

        13.10.2 Vision H.R. Business Overview and Its Total Revenue

        13.10.3 Vision H.R. Payroll Outsourcing Introduction

        13.10.4 Vision H.R. Revenue in Payroll Outsourcing Business (2015-2020)

        13.10.5 Vision H.R. Recent Development

    13.11 Deloitte

        10.11.1 Deloitte Company Details

        10.11.2 Deloitte Business Overview and Its Total Revenue

        10.11.3 Deloitte Payroll Outsourcing Introduction

        10.11.4 Deloitte Revenue in Payroll Outsourcing Business (2015-2020)

        10.11.5 Deloitte Recent Development

    13.12 Aurion

        10.12.1 Aurion Company Details

        10.12.2 Aurion Business Overview and Its Total Revenue

        10.12.3 Aurion Payroll Outsourcing Introduction

        10.12.4 Aurion Revenue in Payroll Outsourcing Business (2015-2020)

        10.12.5 Aurion Recent Development

    13.13 Activpayroll

        10.13.1 Activpayroll Company Details

        10.13.2 Activpayroll Business Overview and Its Total Revenue

        10.13.3 Activpayroll Payroll Outsourcing Introduction

        10.13.4 Activpayroll Revenue in Payroll Outsourcing Business (2015-2020)

        10.13.5 Activpayroll Recent Development

    13.14 Immedis

        10.14.1 Immedis Company Details

        10.14.2 Immedis Business Overview and Its Total Revenue

        10.14.3 Immedis Payroll Outsourcing Introduction

        10.14.4 Immedis Revenue in Payroll Outsourcing Business (2015-2020)

        10.14.5 Immedis Recent Development

    13.15 Ascender

        10.15.1 Ascender Company Details

        10.15.2 Ascender Business Overview and Its Total Revenue

        10.15.3 Ascender Payroll Outsourcing Introduction

        10.15.4 Ascender Revenue in Payroll Outsourcing Business (2015-2020)

        10.15.5 Ascender Recent Development

    13.16 NGA HR

        10.16.1 NGA HR Company Details

        10.16.2 NGA HR Business Overview and Its Total Revenue

        10.16.3 NGA HR Payroll Outsourcing Introduction

        10.16.4 NGA HR Revenue in Payroll Outsourcing Business (2015-2020)

        10.16.5 NGA HR Recent Development

    13.17 Neeyamo

        10.17.1 Neeyamo Company Details

        10.17.2 Neeyamo Business Overview and Its Total Revenue

        10.17.3 Neeyamo Payroll Outsourcing Introduction

        10.17.4 Neeyamo Revenue in Payroll Outsourcing Business (2015-2020)

        10.17.5 Neeyamo Recent Development

    13.18 BDO

        10.18.1 BDO Company Details

        10.18.2 BDO Business Overview and Its Total Revenue

        10.18.3 BDO Payroll Outsourcing Introduction

        10.18.4 BDO Revenue in Payroll Outsourcing Business (2015-2020)

        10.18.5 BDO Recent Development

    13.19 CloudPay

        10.19.1 CloudPay Company Details

        10.19.2 CloudPay Business Overview and Its Total Revenue

        10.19.3 CloudPay Payroll Outsourcing Introduction

        10.19.4 CloudPay Revenue in Payroll Outsourcing Business (2015-2020)

        10.19.5 CloudPay Recent Development

    13.20 Excelity

        10.20.1 Excelity Company Details

        10.20.2 Excelity Business Overview and Its Total Revenue

        10.20.3 Excelity Payroll Outsourcing Introduction

        10.20.4 Excelity Revenue in Payroll Outsourcing Business (2015-2020)

        10.20.5 Excelity Recent Development

    13.21 i-Admin

        10.21.1 i-Admin Company Details

        10.21.2 i-Admin Business Overview and Its Total Revenue

        10.21.3 i-Admin Payroll Outsourcing Introduction

        10.21.4 i-Admin Revenue in Payroll Outsourcing Business (2015-2020)

        10.21.5 i-Admin Recent Development

    13.22 TriNet

        10.22.1 TriNet Company Details

        10.22.2 TriNet Business Overview and Its Total Revenue

        10.22.3 TriNet Payroll Outsourcing Introduction

        10.22.4 TriNet Revenue in Payroll Outsourcing Business (2015-2020)

        10.22.5 TriNet Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix

    15.1 Research Methodology

        15.1.1 Methodology/Research Approach

        15.1.2 Data Source

    15.2 Disclaimer

    15.3 Author Details


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