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Global PEO Software Market Research Report 2024
Synopsis
Professional employer organization (PEO) services providers are typically used by small- to medium-sized businesses (SMBs)— which might not be able to afford a standalone HR department—to access scalable and affordable corporate HR services and support. PEOs are co-employers, meaning they act as a parent company and become the employer of record for tax purposes. This enables SMBs to essentially pool together to access enterprise-level benefits and rates on services such as health insurance, employee benefits, and payroll.
The global PEO 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 PEO 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 PEO 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 PEO Software in Professional, Scientific, and Technical Services 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 PEO Software include Justworks, Metrics, BambooHR, Zoho, Abel, AccessPoint, HROi, Zenefits and Genesis, 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 PEO 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 PEO Software.
Report Scope
The PEO 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 PEO 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 PEO 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
Justworks
Metrics
BambooHR
Zoho
Abel
AccessPoint
HROi
Zenefits
Genesis
JazzHR
Replicon
iCIMS
The Applicant Manager
Eddy
Insperity
LandrumHR
ApplicantStack
TriNet
Segment by Type
On-Premise
Cloud-Based
Segment by Application
Professional, Scientific, and Technical Services
Construction
Finance and Insurance
Others
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 PEO 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.
Professional employer organization (PEO) services providers are typically used by small- to medium-sized businesses (SMBs)— which might not be able to afford a standalone HR department—to access scalable and affordable corporate HR services and support. PEOs are co-employers, meaning they act as a parent company and become the employer of record for tax purposes. This enables SMBs to essentially pool together to access enterprise-level benefits and rates on services such as health insurance, employee benefits, and payroll.
The global PEO 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 PEO 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 PEO 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 PEO Software in Professional, Scientific, and Technical Services 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 PEO Software include Justworks, Metrics, BambooHR, Zoho, Abel, AccessPoint, HROi, Zenefits and Genesis, 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 PEO 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 PEO Software.
Report Scope
The PEO 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 PEO 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 PEO 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
Justworks
Metrics
BambooHR
Zoho
Abel
AccessPoint
HROi
Zenefits
Genesis
JazzHR
Replicon
iCIMS
The Applicant Manager
Eddy
Insperity
LandrumHR
ApplicantStack
TriNet
Segment by Type
On-Premise
Cloud-Based
Segment by Application
Professional, Scientific, and Technical Services
Construction
Finance and Insurance
Others
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 PEO 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 PEO Software Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 On-Premise
1.2.3 Cloud-Based
1.3 Market by Application
1.3.1 Global PEO Software Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Professional, Scientific, and Technical Services
1.3.3 Construction
1.3.4 Finance and Insurance
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global PEO Software Market Perspective (2019-2030)
2.2 PEO Software Growth Trends by Region
2.2.1 Global PEO Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 PEO Software Historic Market Size by Region (2019-2024)
2.2.3 PEO Software Forecasted Market Size by Region (2025-2030)
2.3 PEO Software Market Dynamics
2.3.1 PEO Software Industry Trends
2.3.2 PEO Software Market Drivers
2.3.3 PEO Software Market Challenges
2.3.4 PEO Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top PEO Software Players by Revenue
3.1.1 Global Top PEO Software Players by Revenue (2019-2024)
3.1.2 Global PEO Software Revenue Market Share by Players (2019-2024)
3.2 Global PEO Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by PEO Software Revenue
3.4 Global PEO Software Market Concentration Ratio
3.4.1 Global PEO Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by PEO Software Revenue in 2023
3.5 PEO Software Key Players Head office and Area Served
3.6 Key Players PEO Software Product Solution and Service
3.7 Date of Enter into PEO Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 PEO Software Breakdown Data by Type
4.1 Global PEO Software Historic Market Size by Type (2019-2024)
4.2 Global PEO Software Forecasted Market Size by Type (2025-2030)
5 PEO Software Breakdown Data by Application
5.1 Global PEO Software Historic Market Size by Application (2019-2024)
5.2 Global PEO Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America PEO Software Market Size (2019-2030)
6.2 North America PEO Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America PEO Software Market Size by Country (2019-2024)
6.4 North America PEO Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe PEO Software Market Size (2019-2030)
7.2 Europe PEO Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe PEO Software Market Size by Country (2019-2024)
7.4 Europe PEO 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 PEO Software Market Size (2019-2030)
8.2 Asia-Pacific PEO Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific PEO Software Market Size by Region (2019-2024)
8.4 Asia-Pacific PEO 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 PEO Software Market Size (2019-2030)
9.2 Latin America PEO Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America PEO Software Market Size by Country (2019-2024)
9.4 Latin America PEO Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa PEO Software Market Size (2019-2030)
10.2 Middle East & Africa PEO Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa PEO Software Market Size by Country (2019-2024)
10.4 Middle East & Africa PEO Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Justworks
11.1.1 Justworks Company Detail
11.1.2 Justworks Business Overview
11.1.3 Justworks PEO Software Introduction
11.1.4 Justworks Revenue in PEO Software Business (2019-2024)
11.1.5 Justworks Recent Development
11.2 Metrics
11.2.1 Metrics Company Detail
11.2.2 Metrics Business Overview
11.2.3 Metrics PEO Software Introduction
11.2.4 Metrics Revenue in PEO Software Business (2019-2024)
11.2.5 Metrics Recent Development
11.3 BambooHR
11.3.1 BambooHR Company Detail
11.3.2 BambooHR Business Overview
11.3.3 BambooHR PEO Software Introduction
11.3.4 BambooHR Revenue in PEO Software Business (2019-2024)
11.3.5 BambooHR Recent Development
11.4 Zoho
11.4.1 Zoho Company Detail
11.4.2 Zoho Business Overview
11.4.3 Zoho PEO Software Introduction
11.4.4 Zoho Revenue in PEO Software Business (2019-2024)
11.4.5 Zoho Recent Development
11.5 Abel
11.5.1 Abel Company Detail
11.5.2 Abel Business Overview
11.5.3 Abel PEO Software Introduction
11.5.4 Abel Revenue in PEO Software Business (2019-2024)
11.5.5 Abel Recent Development
11.6 AccessPoint
11.6.1 AccessPoint Company Detail
11.6.2 AccessPoint Business Overview
11.6.3 AccessPoint PEO Software Introduction
11.6.4 AccessPoint Revenue in PEO Software Business (2019-2024)
11.6.5 AccessPoint Recent Development
11.7 HROi
11.7.1 HROi Company Detail
11.7.2 HROi Business Overview
11.7.3 HROi PEO Software Introduction
11.7.4 HROi Revenue in PEO Software Business (2019-2024)
11.7.5 HROi Recent Development
11.8 Zenefits
11.8.1 Zenefits Company Detail
11.8.2 Zenefits Business Overview
11.8.3 Zenefits PEO Software Introduction
11.8.4 Zenefits Revenue in PEO Software Business (2019-2024)
11.8.5 Zenefits Recent Development
11.9 Genesis
11.9.1 Genesis Company Detail
11.9.2 Genesis Business Overview
11.9.3 Genesis PEO Software Introduction
11.9.4 Genesis Revenue in PEO Software Business (2019-2024)
11.9.5 Genesis Recent Development
11.10 JazzHR
11.10.1 JazzHR Company Detail
11.10.2 JazzHR Business Overview
11.10.3 JazzHR PEO Software Introduction
11.10.4 JazzHR Revenue in PEO Software Business (2019-2024)
11.10.5 JazzHR Recent Development
11.11 Replicon
11.11.1 Replicon Company Detail
11.11.2 Replicon Business Overview
11.11.3 Replicon PEO Software Introduction
11.11.4 Replicon Revenue in PEO Software Business (2019-2024)
11.11.5 Replicon Recent Development
11.12 iCIMS
11.12.1 iCIMS Company Detail
11.12.2 iCIMS Business Overview
11.12.3 iCIMS PEO Software Introduction
11.12.4 iCIMS Revenue in PEO Software Business (2019-2024)
11.12.5 iCIMS Recent Development
11.13 The Applicant Manager
11.13.1 The Applicant Manager Company Detail
11.13.2 The Applicant Manager Business Overview
11.13.3 The Applicant Manager PEO Software Introduction
11.13.4 The Applicant Manager Revenue in PEO Software Business (2019-2024)
11.13.5 The Applicant Manager Recent Development
11.14 Eddy
11.14.1 Eddy Company Detail
11.14.2 Eddy Business Overview
11.14.3 Eddy PEO Software Introduction
11.14.4 Eddy Revenue in PEO Software Business (2019-2024)
11.14.5 Eddy Recent Development
11.15 Insperity
11.15.1 Insperity Company Detail
11.15.2 Insperity Business Overview
11.15.3 Insperity PEO Software Introduction
11.15.4 Insperity Revenue in PEO Software Business (2019-2024)
11.15.5 Insperity Recent Development
11.16 LandrumHR
11.16.1 LandrumHR Company Detail
11.16.2 LandrumHR Business Overview
11.16.3 LandrumHR PEO Software Introduction
11.16.4 LandrumHR Revenue in PEO Software Business (2019-2024)
11.16.5 LandrumHR Recent Development
11.17 ApplicantStack
11.17.1 ApplicantStack Company Detail
11.17.2 ApplicantStack Business Overview
11.17.3 ApplicantStack PEO Software Introduction
11.17.4 ApplicantStack Revenue in PEO Software Business (2019-2024)
11.17.5 ApplicantStack Recent Development
11.18 TriNet
11.18.1 TriNet Company Detail
11.18.2 TriNet Business Overview
11.18.3 TriNet PEO Software Introduction
11.18.4 TriNet Revenue in PEO Software Business (2019-2024)
11.18.5 TriNet 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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