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Global Compensation Software Market 2024-2028

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    Report

  • 165 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5575525
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The compensation software market is forecasted to grow by USD 6.75 billion during 2023-2028, accelerating at a CAGR of 11.13% during the forecast period. The report on the compensation software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adopting pricing strategies of vendors in compensation software, increase in demand for automated compensation management processes, and increased adoption of saas-based compensation software.

The compensation software market is segmented as below:

By End-user

  • Large enterprises
  • SMEs

By Deployment

  • Cloud-based
  • On-premises

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the growing demand for integrated HCM solutions as one of the prime reasons driving the compensation software market growth during the next few years. Also, rise of multi-country and centralized outsourcing models and increasing adoption of digital HR technology will lead to sizable demand in the market.

The report on the compensation software market covers the following areas:

  • Compensation software market sizing
  • Compensation software market forecast
  • Compensation software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading compensation software market vendors that include Automatic Data Processing Inc., beqom SA, BullseyeEngagement LLC, Cegid SA, CompLogix, Cornerstone OnDemand Inc., CWS Software, Decusoft Inc., Execupay Inc., Greytip Software Pvt. Ltd., HRSoft, JSM Technologies Pvt. Ltd., Learning Technologies Group Inc., Nitso Technologies Pvt. Ltd., Payscale Inc., sumHR Software Pvt. Ltd., Torn Marketing Pty Ltd., UKG Inc., Workday Inc., and Paycom Software Inc.. Also, the compensation software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global compensation software market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global compensation software market 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Deployment Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Large enterprises - Market size and forecast 2023-2028
Exhibit 34: Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
6.4 SMEs - Market size and forecast 2023-2028
Exhibit 38: Chart on SMEs - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on SMEs - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ million)
Exhibit 43: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Deployment
7.1 Market segments
Exhibit 44: Chart on Deployment - Market share 2023-2028 (%)
Exhibit 45: Data Table on Deployment - Market share 2023-2028 (%)
7.2 Comparison by Deployment
Exhibit 46: Chart on Comparison by Deployment
Exhibit 47: Data Table on Comparison by Deployment
7.3 Cloud-based - Market size and forecast 2023-2028
Exhibit 48: Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
7.4 On-premises - Market size and forecast 2023-2028
Exhibit 52: Chart on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on On-premises - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Deployment
Exhibit 56: Market opportunity by Deployment ($ million)
Exhibit 57: Data Table on Market opportunity by Deployment ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Exhibit 87: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Automatic Data Processing Inc.
Exhibit 111: Automatic Data Processing Inc. - Overview
Exhibit 112: Automatic Data Processing Inc. - Business segments
Exhibit 113: Automatic Data Processing Inc. - Key news
Exhibit 114: Automatic Data Processing Inc. - Key offerings
Exhibit 115: Automatic Data Processing Inc. - Segment focus
12.4 beqom SA
Exhibit 116: beqom SA - Overview
Exhibit 117: beqom SA - Product / Service
Exhibit 118: beqom SA - Key news
Exhibit 119: beqom SA - Key offerings
12.5 BullseyeEngagement LLC
Exhibit 120: BullseyeEngagement LLC - Overview
Exhibit 121: BullseyeEngagement LLC - Product / Service
Exhibit 122: BullseyeEngagement LLC - Key news
Exhibit 123: BullseyeEngagement LLC - Key offerings
12.6 Cegid SA
Exhibit 124: Cegid SA - Overview
Exhibit 125: Cegid SA - Product / Service
Exhibit 126: Cegid SA - Key offerings
12.7 CompLogix
Exhibit 127: CompLogix - Overview
Exhibit 128: CompLogix - Product / Service
Exhibit 129: CompLogix - Key offerings
12.8 Cornerstone OnDemand Inc.
Exhibit 130: Cornerstone OnDemand Inc. - Overview
Exhibit 131: Cornerstone OnDemand Inc. - Product / Service
Exhibit 132: Cornerstone OnDemand Inc. - Key offerings
12.9 CWS Software
Exhibit 133: CWS Software - Overview
Exhibit 134: CWS Software - Product / Service
Exhibit 135: CWS Software - Key offerings
12.10 Decusoft Inc.
Exhibit 136: Decusoft Inc. - Overview
Exhibit 137: Decusoft Inc. - Product / Service
Exhibit 138: Decusoft Inc. - Key offerings
12.11 Execupay Inc.
Exhibit 139: Execupay Inc. - Overview
Exhibit 140: Execupay Inc. - Product / Service
Exhibit 141: Execupay Inc. - Key offerings
12.12 Greytip Software Pvt. Ltd.
Exhibit 142: Greytip Software Pvt. Ltd. - Overview
Exhibit 143: Greytip Software Pvt. Ltd. - Product / Service
Exhibit 144: Greytip Software Pvt. Ltd. - Key offerings
12.13 HRSoft
Exhibit 145: HRSoft - Overview
Exhibit 146: HRSoft - Product / Service
Exhibit 147: HRSoft - Key offerings
12.14 JSM Technologies Pvt. Ltd.
Exhibit 148: JSM Technologies Pvt. Ltd. - Overview
Exhibit 149: JSM Technologies Pvt. Ltd. - Product / Service
Exhibit 150: JSM Technologies Pvt. Ltd. - Key offerings
12.15 Torn Marketing Pty Ltd.
Exhibit 151: Torn Marketing Pty Ltd. - Overview
Exhibit 152: Torn Marketing Pty Ltd. - Product / Service
Exhibit 153: Torn Marketing Pty Ltd. - Key offerings
12.16 UKG Inc.
Exhibit 154: UKG Inc. - Overview
Exhibit 155: UKG Inc. - Product / Service
Exhibit 156: UKG Inc. - Key offerings
12.17 Workday Inc.
Exhibit 157: Workday Inc. - Overview
Exhibit 158: Workday Inc. - Product / Service
Exhibit 159: Workday Inc. - Key news
Exhibit 160: Workday Inc. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations
List of Exhibits
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Vendor Market Positioning
Exhibits10: Parent market
Exhibits11: Market Characteristics
Exhibits12: Offerings of vendors included in the market definition
Exhibits13: Market segments
Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Historic Market Size - Data Table on global compensation software market 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on End-user - Market share 2023-2028 (%)
Exhibits31: Data Table on End-user - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by End-user
Exhibits33: Data Table on Comparison by End-user
Exhibits34: Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on SMEs - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on SMEs - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by End-user ($ million)
Exhibits43: Data Table on Market opportunity by End-user ($ million)
Exhibits44: Chart on Deployment - Market share 2023-2028 (%)
Exhibits45: Data Table on Deployment - Market share 2023-2028 (%)
Exhibits46: Chart on Comparison by Deployment
Exhibits47: Data Table on Comparison by Deployment
Exhibits48: Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibits49: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
Exhibits50: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibits51: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
Exhibits52: Chart on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibits53: Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
Exhibits54: Chart on On-premises - Year-over-year growth 2023-2028 (%)
Exhibits55: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
Exhibits56: Market opportunity by Deployment ($ million)
Exhibits57: Data Table on Market opportunity by Deployment ($ million)
Exhibits58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits61: Chart on Geographic comparison
Exhibits62: Data Table on Geographic comparison
Exhibits63: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits66: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits75: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits78: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits83: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits84: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits86: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits87: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits88: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits89: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits90: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits91: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits93: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits94: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits95: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits96: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits98: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits103: Market opportunity By Geographical Landscape ($ million)
Exhibits104: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits105: Impact of drivers and challenges in 2023 and 2028
Exhibits106: Overview on Criticality of inputs and Factors of differentiation
Exhibits107: Overview on factors of disruption
Exhibits108: Impact of key risks on business
Exhibits109: Vendors covered
Exhibits110: Matrix on vendor position and classification
Exhibits111: Automatic Data Processing Inc. - Overview
Exhibits112: Automatic Data Processing Inc. - Business segments
Exhibits113: Automatic Data Processing Inc. - Key news
Exhibits114: Automatic Data Processing Inc. - Key offerings
Exhibits115: Automatic Data Processing Inc. - Segment focus
Exhibits116: beqom SA - Overview
Exhibits117: beqom SA - Product / Service
Exhibits118: beqom SA - Key news
Exhibits119: beqom SA - Key offerings
Exhibits120: BullseyeEngagement LLC - Overview
Exhibits121: BullseyeEngagement LLC - Product / Service
Exhibits122: BullseyeEngagement LLC - Key news
Exhibits123: BullseyeEngagement LLC - Key offerings
Exhibits124: Cegid SA - Overview
Exhibits125: Cegid SA - Product / Service
Exhibits126: Cegid SA - Key offerings
Exhibits127: CompLogix - Overview
Exhibits128: CompLogix - Product / Service
Exhibits129: CompLogix - Key offerings
Exhibits130: Cornerstone OnDemand Inc. - Overview
Exhibits131: Cornerstone OnDemand Inc. - Product / Service
Exhibits132: Cornerstone OnDemand Inc. - Key offerings
Exhibits133: CWS Software - Overview
Exhibits134: CWS Software - Product / Service
Exhibits135: CWS Software - Key offerings
Exhibits136: Decusoft Inc. - Overview
Exhibits137: Decusoft Inc. - Product / Service
Exhibits138: Decusoft Inc. - Key offerings
Exhibits139: Execupay Inc. - Overview
Exhibits140: Execupay Inc. - Product / Service
Exhibits141: Execupay Inc. - Key offerings
Exhibits142: Greytip Software Pvt. Ltd. - Overview
Exhibits143: Greytip Software Pvt. Ltd. - Product / Service
Exhibits144: Greytip Software Pvt. Ltd. - Key offerings
Exhibits145: HRSoft - Overview
Exhibits146: HRSoft - Product / Service
Exhibits147: HRSoft - Key offerings
Exhibits148: JSM Technologies Pvt. Ltd. - Overview
Exhibits149: JSM Technologies Pvt. Ltd. - Product / Service
Exhibits150: JSM Technologies Pvt. Ltd. - Key offerings
Exhibits151: Torn Marketing Pty Ltd. - Overview
Exhibits152: Torn Marketing Pty Ltd. - Product / Service
Exhibits153: Torn Marketing Pty Ltd. - Key offerings
Exhibits154: UKG Inc. - Overview
Exhibits155: UKG Inc. - Product / Service
Exhibits156: UKG Inc. - Key offerings
Exhibits157: Workday Inc. - Overview
Exhibits158: Workday Inc. - Product / Service
Exhibits159: Workday Inc. - Key news
Exhibits160: Workday Inc. - Key offerings
Exhibits161: Inclusions checklist
Exhibits162: Exclusions checklist
Exhibits163: Currency conversion rates for US$
Exhibits164: Research methodology
Exhibits165: Validation techniques employed for market sizing
Exhibits166: Information sources
Exhibits167: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global compensation software market: Automatic Data Processing Inc., beqom SA, BullseyeEngagement LLC, Cegid SA, CompLogix, Cornerstone OnDemand Inc., CWS Software, Decusoft Inc., Execupay Inc., Greytip Software Pvt. Ltd., HRSoft, JSM Technologies Pvt. Ltd., Learning Technologies Group Inc., Nitso Technologies Pvt. Ltd., Payscale Inc., sumHR Software Pvt. Ltd., Torn Marketing Pty Ltd., UKG Inc., Workday Inc., and Paycom Software Inc..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for integrated HCM solutions.'

According to the report, one of the major drivers for this market is the adopting pricing strategies of vendors in compensation software.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Automatic Data Processing Inc.
  • beqom SA
  • BullseyeEngagement LLC
  • Cegid SA
  • CompLogix
  • Cornerstone OnDemand Inc.
  • CWS Software
  • Decusoft Inc.
  • Execupay Inc.
  • Greytip Software Pvt. Ltd.
  • HRSoft
  • JSM Technologies Pvt. Ltd.
  • Learning Technologies Group Inc.
  • Nitso Technologies Pvt. Ltd.
  • Payscale Inc.
  • sumHR Software Pvt. Ltd.
  • Torn Marketing Pty Ltd.
  • UKG Inc.
  • Workday Inc.
  • Paycom Software Inc.

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About the Compensation Software Market

Compensation Software is a type of software used to manage employee compensation. It helps organizations to track and manage employee salaries, bonuses, and other forms of compensation. It also helps to ensure compliance with labor laws and regulations. The software can be used to manage payroll, calculate taxes, and generate reports. It can also be used to track employee performance and provide feedback. Compensation Software is used by organizations of all sizes, from small businesses to large corporations. It is used to manage employee compensation, track performance, and ensure compliance with labor laws. It is also used to manage payroll, calculate taxes, and generate reports. Some of the companies in the Compensation Software market include ADP, Workday, Oracle, SAP, and PayScale. Show Less Read more

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