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Synopsis
The Payroll & HR solutions & services are used to automate, organize, and simplify complex compensation planning in the enterprise to increase budget allocations, accuracy, and helps to make straight compensation decisions with organizational guidelines. Enterprises are adopting payroll & HR solutions & services to create better compensation decisions with up-to-date, accurate, and auditable processes.
The global Payroll & HR Solutions & Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services in 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 Payroll & HR Solutions & Services include Automatic Data Processing, Inc. (ADP), Oracle Corporation, Paychex, Inc., Ramco Systems Ltd., Sage Group plc, SAP SE, TMF Group B.V., TriNet Group, Inc. and Ultimate Software Group, Inc., 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 Payroll & HR Solutions & Services, 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 Payroll & HR Solutions & Services.
Report Scope
The Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services 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 (Partial List)
- Automatic Data Processing, Inc. (ADP)
- Oracle Corporation
- Paychex, Inc.
- Ramco Systems Ltd.
- Sage Group plc
- SAP SE
- TMF Group B.V.
- TriNet Group, Inc.
- Ultimate Software Group, Inc.
- NCR Corporation
- PayNortheast
- getsix
- Aprio Cloud
- KMC Solutions
- TELUS Employer Solutions
- Shanghai Donghao Human Resources Co., Ltd
- TMF Group
Segment by Type
- On-Premise
- Cloud
- Hybrid
Segment by Application
- SMEs
- Large Enterprises
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
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 Payroll & HR Solutions & Services 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.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Payroll & HR Solutions & Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 On-Premise
1.2.3 Cloud
1.2.4 Hybrid
1.3 Market by Application
1.3.1 Global Payroll & HR Solutions & Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 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 Payroll & HR Solutions & Services Market Perspective (2019-2030)
2.2 Payroll & HR Solutions & Services Growth Trends by Region
2.2.1 Global Payroll & HR Solutions & Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Payroll & HR Solutions & Services Historic Market Size by Region (2019-2024)
2.2.3 Payroll & HR Solutions & Services Forecasted Market Size by Region (2025-2030)
2.3 Payroll & HR Solutions & Services Market Dynamics
2.3.1 Payroll & HR Solutions & Services Industry Trends
2.3.2 Payroll & HR Solutions & Services Market Drivers
2.3.3 Payroll & HR Solutions & Services Market Challenges
2.3.4 Payroll & HR Solutions & Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Payroll & HR Solutions & Services Players by Revenue
3.1.1 Global Top Payroll & HR Solutions & Services Players by Revenue (2019-2024)
3.1.2 Global Payroll & HR Solutions & Services Revenue Market Share by Players (2019-2024)
3.2 Global Payroll & HR Solutions & Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Payroll & HR Solutions & Services Revenue
3.4 Global Payroll & HR Solutions & Services Market Concentration Ratio
3.4.1 Global Payroll & HR Solutions & Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Payroll & HR Solutions & Services Revenue in 2023
3.5 Payroll & HR Solutions & Services Key Players Head office and Area Served
3.6 Key Players Payroll & HR Solutions & Services Product Solution and Service
3.7 Date of Enter into Payroll & HR Solutions & Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Payroll & HR Solutions & Services Breakdown Data by Type
4.1 Global Payroll & HR Solutions & Services Historic Market Size by Type (2019-2024)
4.2 Global Payroll & HR Solutions & Services Forecasted Market Size by Type (2025-2030)
5 Payroll & HR Solutions & Services Breakdown Data by Application
5.1 Global Payroll & HR Solutions & Services Historic Market Size by Application (2019-2024)
5.2 Global Payroll & HR Solutions & Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Payroll & HR Solutions & Services Market Size (2019-2030)
6.2 North America Payroll & HR Solutions & Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Payroll & HR Solutions & Services Market Size by Country (2019-2024)
6.4 North America Payroll & HR Solutions & Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Payroll & HR Solutions & Services Market Size (2019-2030)
7.2 Europe Payroll & HR Solutions & Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Payroll & HR Solutions & Services Market Size by Country (2019-2024)
7.4 Europe Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services Market Size (2019-2030)
8.2 Asia-Pacific Payroll & HR Solutions & Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Payroll & HR Solutions & Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Payroll & HR Solutions & Services 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 Payroll & HR Solutions & Services Market Size (2019-2030)
9.2 Latin America Payroll & HR Solutions & Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Payroll & HR Solutions & Services Market Size by Country (2019-2024)
9.4 Latin America Payroll & HR Solutions & Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Payroll & HR Solutions & Services Market Size (2019-2030)
10.2 Middle East & Africa Payroll & HR Solutions & Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Payroll & HR Solutions & Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Payroll & HR Solutions & Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Automatic Data Processing, Inc. (ADP)
11.1.1 Automatic Data Processing, Inc. (ADP) Company Detail
11.1.2 Automatic Data Processing, Inc. (ADP) Business Overview
11.1.3 Automatic Data Processing, Inc. (ADP) Payroll & HR Solutions & Services Introduction
11.1.4 Automatic Data Processing, Inc. (ADP) Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.1.5 Automatic Data Processing, Inc. (ADP) Recent Development
11.2 Oracle Corporation
11.2.1 Oracle Corporation Company Detail
11.2.2 Oracle Corporation Business Overview
11.2.3 Oracle Corporation Payroll & HR Solutions & Services Introduction
11.2.4 Oracle Corporation Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.2.5 Oracle Corporation Recent Development
11.3 Paychex, Inc.
11.3.1 Paychex, Inc. Company Detail
11.3.2 Paychex, Inc. Business Overview
11.3.3 Paychex, Inc. Payroll & HR Solutions & Services Introduction
11.3.4 Paychex, Inc. Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.3.5 Paychex, Inc. Recent Development
11.4 Ramco Systems Ltd.
11.4.1 Ramco Systems Ltd. Company Detail
11.4.2 Ramco Systems Ltd. Business Overview
11.4.3 Ramco Systems Ltd. Payroll & HR Solutions & Services Introduction
11.4.4 Ramco Systems Ltd. Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.4.5 Ramco Systems Ltd. Recent Development
11.5 Sage Group plc
11.5.1 Sage Group plc Company Detail
11.5.2 Sage Group plc Business Overview
11.5.3 Sage Group plc Payroll & HR Solutions & Services Introduction
11.5.4 Sage Group plc Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.5.5 Sage Group plc Recent Development
11.6 SAP SE
11.6.1 SAP SE Company Detail
11.6.2 SAP SE Business Overview
11.6.3 SAP SE Payroll & HR Solutions & Services Introduction
11.6.4 SAP SE Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.6.5 SAP SE Recent Development
11.7 TMF Group B.V.
11.7.1 TMF Group B.V. Company Detail
11.7.2 TMF Group B.V. Business Overview
11.7.3 TMF Group B.V. Payroll & HR Solutions & Services Introduction
11.7.4 TMF Group B.V. Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.7.5 TMF Group B.V. Recent Development
11.8 TriNet Group, Inc.
11.8.1 TriNet Group, Inc. Company Detail
11.8.2 TriNet Group, Inc. Business Overview
11.8.3 TriNet Group, Inc. Payroll & HR Solutions & Services Introduction
11.8.4 TriNet Group, Inc. Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.8.5 TriNet Group, Inc. Recent Development
11.9 Ultimate Software Group, Inc.
11.9.1 Ultimate Software Group, Inc. Company Detail
11.9.2 Ultimate Software Group, Inc. Business Overview
11.9.3 Ultimate Software Group, Inc. Payroll & HR Solutions & Services Introduction
11.9.4 Ultimate Software Group, Inc. Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.9.5 Ultimate Software Group, Inc. Recent Development
11.10 NCR Corporation
11.10.1 NCR Corporation Company Detail
11.10.2 NCR Corporation Business Overview
11.10.3 NCR Corporation Payroll & HR Solutions & Services Introduction
11.10.4 NCR Corporation Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.10.5 NCR Corporation Recent Development
11.11 PayNortheast
11.11.1 PayNortheast Company Detail
11.11.2 PayNortheast Business Overview
11.11.3 PayNortheast Payroll & HR Solutions & Services Introduction
11.11.4 PayNortheast Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.11.5 PayNortheast Recent Development
11.12 getsix
11.12.1 getsix Company Detail
11.12.2 getsix Business Overview
11.12.3 getsix Payroll & HR Solutions & Services Introduction
11.12.4 getsix Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.12.5 getsix Recent Development
11.13 Aprio Cloud
11.13.1 Aprio Cloud Company Detail
11.13.2 Aprio Cloud Business Overview
11.13.3 Aprio Cloud Payroll & HR Solutions & Services Introduction
11.13.4 Aprio Cloud Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.13.5 Aprio Cloud Recent Development
11.14 KMC Solutions
11.14.1 KMC Solutions Company Detail
11.14.2 KMC Solutions Business Overview
11.14.3 KMC Solutions Payroll & HR Solutions & Services Introduction
11.14.4 KMC Solutions Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.14.5 KMC Solutions Recent Development
11.15 TELUS Employer Solutions
11.15.1 TELUS Employer Solutions Company Detail
11.15.2 TELUS Employer Solutions Business Overview
11.15.3 TELUS Employer Solutions Payroll & HR Solutions & Services Introduction
11.15.4 TELUS Employer Solutions Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.15.5 TELUS Employer Solutions Recent Development
11.16 Shanghai Donghao Human Resources Co., Ltd
11.16.1 Shanghai Donghao Human Resources Co., Ltd Company Detail
11.16.2 Shanghai Donghao Human Resources Co., Ltd Business Overview
11.16.3 Shanghai Donghao Human Resources Co., Ltd Payroll & HR Solutions & Services Introduction
11.16.4 Shanghai Donghao Human Resources Co., Ltd Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.16.5 Shanghai Donghao Human Resources Co., Ltd Recent Development
11.17 TMF Group
11.17.1 TMF Group Company Detail
11.17.2 TMF Group Business Overview
11.17.3 TMF Group Payroll & HR Solutions & Services Introduction
11.17.4 TMF Group Revenue in Payroll & HR Solutions & Services Business (2019-2024)
11.17.5 TMF Group 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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