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Global Benefits Administration Solutions Market Research Report 2024
Synopsis
The global Benefits Administration Solutions market was valued at US$ 887.7 million in 2023 and is anticipated to reach US$ 1081.3 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
North American market for Benefits Administration Solutions is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Benefits Administration Solutions is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Benefits Administration Solutions in Small and Medium Enterprises (SMEs) is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Benefits Administration Solutions include PLEXIS Healthcare Systems, BambooHR, Penad Pension Services, RiseSmart, Ultimate Software, Ceridian, Workday, Automatic Data Processing and iSolved HCM, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Benefits Administration Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Benefits Administration Solutions.
Report Scope
The Benefits Administration Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Benefits Administration Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Benefits Administration Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
PLEXIS Healthcare Systems
BambooHR
Penad Pension Services
RiseSmart
Ultimate Software
Ceridian
Workday
Automatic Data Processing
iSolved HCM
PeopleKeep
Employee Navigator
ThrivePass
Segment by Type
Cloud-based
On-premises
Segment by Application
Small and Medium Enterprises (SMEs)
Large Enterprises
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Benefits Administration Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global Benefits Administration Solutions market was valued at US$ 887.7 million in 2023 and is anticipated to reach US$ 1081.3 million by 2030, witnessing a CAGR of 2.9% during the forecast period 2024-2030.
North American market for Benefits Administration Solutions is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Benefits Administration Solutions is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Benefits Administration Solutions in Small and Medium Enterprises (SMEs) is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Benefits Administration Solutions include PLEXIS Healthcare Systems, BambooHR, Penad Pension Services, RiseSmart, Ultimate Software, Ceridian, Workday, Automatic Data Processing and iSolved HCM, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Benefits Administration Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Benefits Administration Solutions.
Report Scope
The Benefits Administration Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Benefits Administration Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Benefits Administration Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
PLEXIS Healthcare Systems
BambooHR
Penad Pension Services
RiseSmart
Ultimate Software
Ceridian
Workday
Automatic Data Processing
iSolved HCM
PeopleKeep
Employee Navigator
ThrivePass
Segment by Type
Cloud-based
On-premises
Segment by Application
Small and Medium Enterprises (SMEs)
Large Enterprises
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Benefits Administration Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Benefits Administration Solutions Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud-based
1.2.3 On-premises
1.3 Market by Application
1.3.1 Global Benefits Administration Solutions Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Small and Medium Enterprises (SMEs)
1.3.3 Large Enterprises
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Benefits Administration Solutions Market Perspective (2019-2030)
2.2 Benefits Administration Solutions Growth Trends by Region
2.2.1 Global Benefits Administration Solutions Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Benefits Administration Solutions Historic Market Size by Region (2019-2024)
2.2.3 Benefits Administration Solutions Forecasted Market Size by Region (2025-2030)
2.3 Benefits Administration Solutions Market Dynamics
2.3.1 Benefits Administration Solutions Industry Trends
2.3.2 Benefits Administration Solutions Market Drivers
2.3.3 Benefits Administration Solutions Market Challenges
2.3.4 Benefits Administration Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Benefits Administration Solutions Players by Revenue
3.1.1 Global Top Benefits Administration Solutions Players by Revenue (2019-2024)
3.1.2 Global Benefits Administration Solutions Revenue Market Share by Players (2019-2024)
3.2 Global Benefits Administration Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Benefits Administration Solutions Revenue
3.4 Global Benefits Administration Solutions Market Concentration Ratio
3.4.1 Global Benefits Administration Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Benefits Administration Solutions Revenue in 2023
3.5 Benefits Administration Solutions Key Players Head office and Area Served
3.6 Key Players Benefits Administration Solutions Product Solution and Service
3.7 Date of Enter into Benefits Administration Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Benefits Administration Solutions Breakdown Data by Type
4.1 Global Benefits Administration Solutions Historic Market Size by Type (2019-2024)
4.2 Global Benefits Administration Solutions Forecasted Market Size by Type (2025-2030)
5 Benefits Administration Solutions Breakdown Data by Application
5.1 Global Benefits Administration Solutions Historic Market Size by Application (2019-2024)
5.2 Global Benefits Administration Solutions Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Benefits Administration Solutions Market Size (2019-2030)
6.2 North America Benefits Administration Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Benefits Administration Solutions Market Size by Country (2019-2024)
6.4 North America Benefits Administration Solutions Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Benefits Administration Solutions Market Size (2019-2030)
7.2 Europe Benefits Administration Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Benefits Administration Solutions Market Size by Country (2019-2024)
7.4 Europe Benefits Administration Solutions Market Size by Country (2025-2030)
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 Benefits Administration Solutions Market Size (2019-2030)
8.2 Asia-Pacific Benefits Administration Solutions Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Benefits Administration Solutions Market Size by Region (2019-2024)
8.4 Asia-Pacific Benefits Administration Solutions Market Size by Region (2025-2030)
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 Benefits Administration Solutions Market Size (2019-2030)
9.2 Latin America Benefits Administration Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Benefits Administration Solutions Market Size by Country (2019-2024)
9.4 Latin America Benefits Administration Solutions Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Benefits Administration Solutions Market Size (2019-2030)
10.2 Middle East & Africa Benefits Administration Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Benefits Administration Solutions Market Size by Country (2019-2024)
10.4 Middle East & Africa Benefits Administration Solutions Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 PLEXIS Healthcare Systems
11.1.1 PLEXIS Healthcare Systems Company Detail
11.1.2 PLEXIS Healthcare Systems Business Overview
11.1.3 PLEXIS Healthcare Systems Benefits Administration Solutions Introduction
11.1.4 PLEXIS Healthcare Systems Revenue in Benefits Administration Solutions Business (2019-2024)
11.1.5 PLEXIS Healthcare Systems Recent Development
11.2 BambooHR
11.2.1 BambooHR Company Detail
11.2.2 BambooHR Business Overview
11.2.3 BambooHR Benefits Administration Solutions Introduction
11.2.4 BambooHR Revenue in Benefits Administration Solutions Business (2019-2024)
11.2.5 BambooHR Recent Development
11.3 Penad Pension Services
11.3.1 Penad Pension Services Company Detail
11.3.2 Penad Pension Services Business Overview
11.3.3 Penad Pension Services Benefits Administration Solutions Introduction
11.3.4 Penad Pension Services Revenue in Benefits Administration Solutions Business (2019-2024)
11.3.5 Penad Pension Services Recent Development
11.4 RiseSmart
11.4.1 RiseSmart Company Detail
11.4.2 RiseSmart Business Overview
11.4.3 RiseSmart Benefits Administration Solutions Introduction
11.4.4 RiseSmart Revenue in Benefits Administration Solutions Business (2019-2024)
11.4.5 RiseSmart Recent Development
11.5 Ultimate Software
11.5.1 Ultimate Software Company Detail
11.5.2 Ultimate Software Business Overview
11.5.3 Ultimate Software Benefits Administration Solutions Introduction
11.5.4 Ultimate Software Revenue in Benefits Administration Solutions Business (2019-2024)
11.5.5 Ultimate Software Recent Development
11.6 Ceridian
11.6.1 Ceridian Company Detail
11.6.2 Ceridian Business Overview
11.6.3 Ceridian Benefits Administration Solutions Introduction
11.6.4 Ceridian Revenue in Benefits Administration Solutions Business (2019-2024)
11.6.5 Ceridian Recent Development
11.7 Workday
11.7.1 Workday Company Detail
11.7.2 Workday Business Overview
11.7.3 Workday Benefits Administration Solutions Introduction
11.7.4 Workday Revenue in Benefits Administration Solutions Business (2019-2024)
11.7.5 Workday Recent Development
11.8 Automatic Data Processing
11.8.1 Automatic Data Processing Company Detail
11.8.2 Automatic Data Processing Business Overview
11.8.3 Automatic Data Processing Benefits Administration Solutions Introduction
11.8.4 Automatic Data Processing Revenue in Benefits Administration Solutions Business (2019-2024)
11.8.5 Automatic Data Processing Recent Development
11.9 iSolved HCM
11.9.1 iSolved HCM Company Detail
11.9.2 iSolved HCM Business Overview
11.9.3 iSolved HCM Benefits Administration Solutions Introduction
11.9.4 iSolved HCM Revenue in Benefits Administration Solutions Business (2019-2024)
11.9.5 iSolved HCM Recent Development
11.10 PeopleKeep
11.10.1 PeopleKeep Company Detail
11.10.2 PeopleKeep Business Overview
11.10.3 PeopleKeep Benefits Administration Solutions Introduction
11.10.4 PeopleKeep Revenue in Benefits Administration Solutions Business (2019-2024)
11.10.5 PeopleKeep Recent Development
11.11 Employee Navigator
11.11.1 Employee Navigator Company Detail
11.11.2 Employee Navigator Business Overview
11.11.3 Employee Navigator Benefits Administration Solutions Introduction
11.11.4 Employee Navigator Revenue in Benefits Administration Solutions Business (2019-2024)
11.11.5 Employee Navigator Recent Development
11.12 ThrivePass
11.12.1 ThrivePass Company Detail
11.12.2 ThrivePass Business Overview
11.12.3 ThrivePass Benefits Administration Solutions Introduction
11.12.4 ThrivePass Revenue in Benefits Administration Solutions Business (2019-2024)
11.12.5 ThrivePass 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
13.3 Author Details
Published By : QY Research
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