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Global Payroll Software Market Research Report 2024
Synopsis
The global Payroll Software 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 Software 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 Software 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 Software 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 Software include SAP, Oracle, Ultimate software, SumTotal Systems, Sage, Ascentis, SuccessFactors, Pay Focus and BambooHR, 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 Software, 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 Software.
Report Scope
The Payroll Software 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 Software 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 Software 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
SAP
Oracle
Ultimate software
SumTotal Systems
Sage
Ascentis
SuccessFactors
Pay Focus
BambooHR
Intruit
Halogen Software
UltiPro
Vibe HCM
Patriot Payroll
ADP
Epicore
Segment by Type
Cloud-based
On-premises
Segment by Application
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 Payroll Software 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 Payroll Software 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 Software 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 Software 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 Software 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 Software include SAP, Oracle, Ultimate software, SumTotal Systems, Sage, Ascentis, SuccessFactors, Pay Focus and BambooHR, 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 Software, 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 Software.
Report Scope
The Payroll Software 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 Software 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 Software 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
SAP
Oracle
Ultimate software
SumTotal Systems
Sage
Ascentis
SuccessFactors
Pay Focus
BambooHR
Intruit
Halogen Software
UltiPro
Vibe HCM
Patriot Payroll
ADP
Epicore
Segment by Type
Cloud-based
On-premises
Segment by Application
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 Payroll Software 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 Payroll Software 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 Payroll Software 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 Software Market Perspective (2019-2030)
2.2 Payroll Software Growth Trends by Region
2.2.1 Global Payroll Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Payroll Software Historic Market Size by Region (2019-2024)
2.2.3 Payroll Software Forecasted Market Size by Region (2025-2030)
2.3 Payroll Software Market Dynamics
2.3.1 Payroll Software Industry Trends
2.3.2 Payroll Software Market Drivers
2.3.3 Payroll Software Market Challenges
2.3.4 Payroll Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Payroll Software Players by Revenue
3.1.1 Global Top Payroll Software Players by Revenue (2019-2024)
3.1.2 Global Payroll Software Revenue Market Share by Players (2019-2024)
3.2 Global Payroll Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Payroll Software Revenue
3.4 Global Payroll Software Market Concentration Ratio
3.4.1 Global Payroll Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Payroll Software Revenue in 2023
3.5 Payroll Software Key Players Head office and Area Served
3.6 Key Players Payroll Software Product Solution and Service
3.7 Date of Enter into Payroll Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Payroll Software Breakdown Data by Type
4.1 Global Payroll Software Historic Market Size by Type (2019-2024)
4.2 Global Payroll Software Forecasted Market Size by Type (2025-2030)
5 Payroll Software Breakdown Data by Application
5.1 Global Payroll Software Historic Market Size by Application (2019-2024)
5.2 Global Payroll Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Payroll Software Market Size (2019-2030)
6.2 North America Payroll Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Payroll Software Market Size by Country (2019-2024)
6.4 North America Payroll Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Payroll Software Market Size (2019-2030)
7.2 Europe Payroll Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Payroll Software Market Size by Country (2019-2024)
7.4 Europe Payroll Software 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 Software Market Size (2019-2030)
8.2 Asia-Pacific Payroll Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Payroll Software Market Size by Region (2019-2024)
8.4 Asia-Pacific Payroll Software 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 Software Market Size (2019-2030)
9.2 Latin America Payroll Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Payroll Software Market Size by Country (2019-2024)
9.4 Latin America Payroll Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Payroll Software Market Size (2019-2030)
10.2 Middle East & Africa Payroll Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Payroll Software Market Size by Country (2019-2024)
10.4 Middle East & Africa Payroll Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SAP
11.1.1 SAP Company Detail
11.1.2 SAP Business Overview
11.1.3 SAP Payroll Software Introduction
11.1.4 SAP Revenue in Payroll Software Business (2019-2024)
11.1.5 SAP Recent Development
11.2 Oracle
11.2.1 Oracle Company Detail
11.2.2 Oracle Business Overview
11.2.3 Oracle Payroll Software Introduction
11.2.4 Oracle Revenue in Payroll Software Business (2019-2024)
11.2.5 Oracle Recent Development
11.3 Ultimate software
11.3.1 Ultimate software Company Detail
11.3.2 Ultimate software Business Overview
11.3.3 Ultimate software Payroll Software Introduction
11.3.4 Ultimate software Revenue in Payroll Software Business (2019-2024)
11.3.5 Ultimate software Recent Development
11.4 SumTotal Systems
11.4.1 SumTotal Systems Company Detail
11.4.2 SumTotal Systems Business Overview
11.4.3 SumTotal Systems Payroll Software Introduction
11.4.4 SumTotal Systems Revenue in Payroll Software Business (2019-2024)
11.4.5 SumTotal Systems Recent Development
11.5 Sage
11.5.1 Sage Company Detail
11.5.2 Sage Business Overview
11.5.3 Sage Payroll Software Introduction
11.5.4 Sage Revenue in Payroll Software Business (2019-2024)
11.5.5 Sage Recent Development
11.6 Ascentis
11.6.1 Ascentis Company Detail
11.6.2 Ascentis Business Overview
11.6.3 Ascentis Payroll Software Introduction
11.6.4 Ascentis Revenue in Payroll Software Business (2019-2024)
11.6.5 Ascentis Recent Development
11.7 SuccessFactors
11.7.1 SuccessFactors Company Detail
11.7.2 SuccessFactors Business Overview
11.7.3 SuccessFactors Payroll Software Introduction
11.7.4 SuccessFactors Revenue in Payroll Software Business (2019-2024)
11.7.5 SuccessFactors Recent Development
11.8 Pay Focus
11.8.1 Pay Focus Company Detail
11.8.2 Pay Focus Business Overview
11.8.3 Pay Focus Payroll Software Introduction
11.8.4 Pay Focus Revenue in Payroll Software Business (2019-2024)
11.8.5 Pay Focus Recent Development
11.9 BambooHR
11.9.1 BambooHR Company Detail
11.9.2 BambooHR Business Overview
11.9.3 BambooHR Payroll Software Introduction
11.9.4 BambooHR Revenue in Payroll Software Business (2019-2024)
11.9.5 BambooHR Recent Development
11.10 Intruit
11.10.1 Intruit Company Detail
11.10.2 Intruit Business Overview
11.10.3 Intruit Payroll Software Introduction
11.10.4 Intruit Revenue in Payroll Software Business (2019-2024)
11.10.5 Intruit Recent Development
11.11 Halogen Software
11.11.1 Halogen Software Company Detail
11.11.2 Halogen Software Business Overview
11.11.3 Halogen Software Payroll Software Introduction
11.11.4 Halogen Software Revenue in Payroll Software Business (2019-2024)
11.11.5 Halogen Software Recent Development
11.12 UltiPro
11.12.1 UltiPro Company Detail
11.12.2 UltiPro Business Overview
11.12.3 UltiPro Payroll Software Introduction
11.12.4 UltiPro Revenue in Payroll Software Business (2019-2024)
11.12.5 UltiPro Recent Development
11.13 Vibe HCM
11.13.1 Vibe HCM Company Detail
11.13.2 Vibe HCM Business Overview
11.13.3 Vibe HCM Payroll Software Introduction
11.13.4 Vibe HCM Revenue in Payroll Software Business (2019-2024)
11.13.5 Vibe HCM Recent Development
11.14 Patriot Payroll
11.14.1 Patriot Payroll Company Detail
11.14.2 Patriot Payroll Business Overview
11.14.3 Patriot Payroll Payroll Software Introduction
11.14.4 Patriot Payroll Revenue in Payroll Software Business (2019-2024)
11.14.5 Patriot Payroll Recent Development
11.15 ADP
11.15.1 ADP Company Detail
11.15.2 ADP Business Overview
11.15.3 ADP Payroll Software Introduction
11.15.4 ADP Revenue in Payroll Software Business (2019-2024)
11.15.5 ADP Recent Development
11.16 Epicore
11.16.1 Epicore Company Detail
11.16.2 Epicore Business Overview
11.16.3 Epicore Payroll Software Introduction
11.16.4 Epicore Revenue in Payroll Software Business (2019-2024)
11.16.5 Epicore 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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