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Payroll Management Software-Global Market Insights and Sales Trends 2024
Synopsis
The global Payroll Management Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Payroll Management Software in various end use industries. The expanding demands from the Small Businesses, Medium-sized Businesses and Large Enterprises,, are propelling Payroll Management Software market. On-premise, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software-as-a-service (SaaS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Payroll Management Software market, driven by demand from China, the second largest economy with some signs of stabilising, the Payroll Management Software market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Payroll Management Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Payroll Management Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Payroll Management Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Payroll Management Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Payroll Management Software covered in this report include ADP Workforce, Dayforce, Sage, Xero, Kronos, Gusto, BambooHR, Zenefits and Epicor, etc.
The global Payroll Management Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADP Workforce
Dayforce
Sage
Xero
Kronos
Gusto
BambooHR
Zenefits
Epicor
Namely
PeopleSoft
AccountEdge
Paychex Payroll
Intuit Payroll
Paylocity
SurePayroll
SmartHR
Ultimate Software
Justworks
SurePayroll
Lenvica Payroll
Global Payroll Management Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Payroll Management Software market, Segment by Type:
On-premise
Software-as-a-service (SaaS)
Cloud-hosted
Global Payroll Management Software market, by Application
Small Businesses
Medium-sized Businesses
Large Enterprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Payroll Management Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The global Payroll Management Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Payroll Management Software in various end use industries. The expanding demands from the Small Businesses, Medium-sized Businesses and Large Enterprises,, are propelling Payroll Management Software market. On-premise, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software-as-a-service (SaaS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Payroll Management Software market, driven by demand from China, the second largest economy with some signs of stabilising, the Payroll Management Software market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Payroll Management Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Payroll Management Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Payroll Management Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Payroll Management Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Payroll Management Software covered in this report include ADP Workforce, Dayforce, Sage, Xero, Kronos, Gusto, BambooHR, Zenefits and Epicor, etc.
The global Payroll Management Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADP Workforce
Dayforce
Sage
Xero
Kronos
Gusto
BambooHR
Zenefits
Epicor
Namely
PeopleSoft
AccountEdge
Paychex Payroll
Intuit Payroll
Paylocity
SurePayroll
SmartHR
Ultimate Software
Justworks
SurePayroll
Lenvica Payroll
Global Payroll Management Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Payroll Management Software market, Segment by Type:
On-premise
Software-as-a-service (SaaS)
Cloud-hosted
Global Payroll Management Software market, by Application
Small Businesses
Medium-sized Businesses
Large Enterprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Payroll Management Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Payroll Management Software
1.1 Payroll Management Software Market Overview
1.1.1 Payroll Management Software Product Scope
1.1.2 Payroll Management Software Market Status and Outlook
1.2 Global Payroll Management Software Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Payroll Management Software Market Size by Region (2018-2029)
1.4 Global Payroll Management Software Historic Market Size by Region (2018-2023)
1.5 Global Payroll Management Software Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Payroll Management Software Market Size (2018-2029)
1.6.1 North America Payroll Management Software Market Size (2018-2029)
1.6.2 Europe Payroll Management Software Market Size (2018-2029)
1.6.3 Asia-Pacific Payroll Management Software Market Size (2018-2029)
1.6.4 Latin America Payroll Management Software Market Size (2018-2029)
1.6.5 Middle East & Africa Payroll Management Software Market Size (2018-2029)
2 Payroll Management Software Market by Type
2.1 Introduction
2.1.1 On-premise
2.1.2 Software-as-a-service (SaaS)
2.1.3 Cloud-hosted
2.2 Global Payroll Management Software Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Payroll Management Software Historic Market Size by Type (2018-2023)
2.2.2 Global Payroll Management Software Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Payroll Management Software Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Payroll Management Software Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Payroll Management Software Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Payroll Management Software Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Payroll Management Software Revenue Breakdown by Type (2018-2029)
3 Payroll Management Software Market Overview by Application
3.1 Introduction
3.1.1 Small Businesses
3.1.2 Medium-sized Businesses
3.1.3 Large Enterprises
3.2 Global Payroll Management Software Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Payroll Management Software Historic Market Size by Application (2018-2023)
3.2.2 Global Payroll Management Software Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Payroll Management Software Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Payroll Management Software Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Payroll Management Software Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Payroll Management Software Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Payroll Management Software Revenue Breakdown by Application (2018-2029)
4 Payroll Management Software Competition Analysis by Players
4.1 Global Payroll Management Software Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Payroll Management Software as of 2022)
4.3 Date of Key Players Enter into Payroll Management Software Market
4.4 Global Top Players Payroll Management Software Headquarters and Area Served
4.5 Key Players Payroll Management Software Product Solution and Service
4.6 Competitive Status
4.6.1 Payroll Management Software Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ADP Workforce
5.1.1 ADP Workforce Profile
5.1.2 ADP Workforce Main Business
5.1.3 ADP Workforce Payroll Management Software Products, Services and Solutions
5.1.4 ADP Workforce Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.1.5 ADP Workforce Recent Developments
5.2 Dayforce
5.2.1 Dayforce Profile
5.2.2 Dayforce Main Business
5.2.3 Dayforce Payroll Management Software Products, Services and Solutions
5.2.4 Dayforce Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.2.5 Dayforce Recent Developments
5.3 Sage
5.3.1 Sage Profile
5.3.2 Sage Main Business
5.3.3 Sage Payroll Management Software Products, Services and Solutions
5.3.4 Sage Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.3.5 Xero Recent Developments
5.4 Xero
5.4.1 Xero Profile
5.4.2 Xero Main Business
5.4.3 Xero Payroll Management Software Products, Services and Solutions
5.4.4 Xero Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.4.5 Xero Recent Developments
5.5 Kronos
5.5.1 Kronos Profile
5.5.2 Kronos Main Business
5.5.3 Kronos Payroll Management Software Products, Services and Solutions
5.5.4 Kronos Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.5.5 Kronos Recent Developments
5.6 Gusto
5.6.1 Gusto Profile
5.6.2 Gusto Main Business
5.6.3 Gusto Payroll Management Software Products, Services and Solutions
5.6.4 Gusto Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.6.5 Gusto Recent Developments
5.7 BambooHR
5.7.1 BambooHR Profile
5.7.2 BambooHR Main Business
5.7.3 BambooHR Payroll Management Software Products, Services and Solutions
5.7.4 BambooHR Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.7.5 BambooHR Recent Developments
5.8 Zenefits
5.8.1 Zenefits Profile
5.8.2 Zenefits Main Business
5.8.3 Zenefits Payroll Management Software Products, Services and Solutions
5.8.4 Zenefits Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.8.5 Zenefits Recent Developments
5.9 Epicor
5.9.1 Epicor Profile
5.9.2 Epicor Main Business
5.9.3 Epicor Payroll Management Software Products, Services and Solutions
5.9.4 Epicor Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.9.5 Epicor Recent Developments
5.10 Namely
5.10.1 Namely Profile
5.10.2 Namely Main Business
5.10.3 Namely Payroll Management Software Products, Services and Solutions
5.10.4 Namely Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.10.5 Namely Recent Developments
5.11 PeopleSoft
5.11.1 PeopleSoft Profile
5.11.2 PeopleSoft Main Business
5.11.3 PeopleSoft Payroll Management Software Products, Services and Solutions
5.11.4 PeopleSoft Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.11.5 PeopleSoft Recent Developments
5.12 AccountEdge
5.12.1 AccountEdge Profile
5.12.2 AccountEdge Main Business
5.12.3 AccountEdge Payroll Management Software Products, Services and Solutions
5.12.4 AccountEdge Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.12.5 AccountEdge Recent Developments
5.13 Paychex Payroll
5.13.1 Paychex Payroll Profile
5.13.2 Paychex Payroll Main Business
5.13.3 Paychex Payroll Payroll Management Software Products, Services and Solutions
5.13.4 Paychex Payroll Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.13.5 Paychex Payroll Recent Developments
5.14 Intuit Payroll
5.14.1 Intuit Payroll Profile
5.14.2 Intuit Payroll Main Business
5.14.3 Intuit Payroll Payroll Management Software Products, Services and Solutions
5.14.4 Intuit Payroll Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.14.5 Intuit Payroll Recent Developments
5.15 Paylocity
5.15.1 Paylocity Profile
5.15.2 Paylocity Main Business
5.15.3 Paylocity Payroll Management Software Products, Services and Solutions
5.15.4 Paylocity Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.15.5 Paylocity Recent Developments
5.16 SurePayroll
5.16.1 SurePayroll Profile
5.16.2 SurePayroll Main Business
5.16.3 SurePayroll Payroll Management Software Products, Services and Solutions
5.16.4 SurePayroll Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.16.5 SurePayroll Recent Developments
5.17 SmartHR
5.17.1 SmartHR Profile
5.17.2 SmartHR Main Business
5.17.3 SmartHR Payroll Management Software Products, Services and Solutions
5.17.4 SmartHR Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.17.5 SmartHR Recent Developments
5.18 Ultimate Software
5.18.1 Ultimate Software Profile
5.18.2 Ultimate Software Main Business
5.18.3 Ultimate Software Payroll Management Software Products, Services and Solutions
5.18.4 Ultimate Software Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.18.5 Ultimate Software Recent Developments
5.19 Justworks
5.19.1 Justworks Profile
5.19.2 Justworks Main Business
5.19.3 Justworks Payroll Management Software Products, Services and Solutions
5.19.4 Justworks Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.19.5 Justworks Recent Developments
5.20 SurePayroll
5.20.1 SurePayroll Profile
5.20.2 SurePayroll Main Business
5.20.3 SurePayroll Payroll Management Software Products, Services and Solutions
5.20.4 SurePayroll Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.20.5 SurePayroll Recent Developments
5.21 Lenvica Payroll
5.21.1 Lenvica Payroll Profile
5.21.2 Lenvica Payroll Main Business
5.21.3 Lenvica Payroll Payroll Management Software Products, Services and Solutions
5.21.4 Lenvica Payroll Payroll Management Software Revenue (US$ Million) & (2018-2023)
5.21.5 Lenvica Payroll Recent Developments
6 North America
6.1 North America Payroll Management Software Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Payroll Management Software Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Payroll Management Software Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Payroll Management Software Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Payroll Management Software Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Payroll Management Software Market Dynamics
11.1 Payroll Management Software Industry Trends
11.2 Payroll Management Software Market Drivers
11.3 Payroll Management Software Market Challenges
11.4 Payroll Management Software Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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