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Payroll - HR Solutions and Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026

  • ID: 4851048
  • Report
  • July 2018
  • Region: Global
  • 240 pages
  • Transparency Market Research
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Payroll - HR Solutions and Services Market: Overview

The payroll & HR solutions & services market report provides analysis for the period 2016 – 2026, wherein the period from 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major trends and technologies playing an influential role in the market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities for the analysis of market growth during the said period. The study provides a complete perspective on the evolution of the global payroll & HR solutions & services market throughout the above mentioned forecast period in terms of revenue (US$ Bn).

The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that influence the current nature and future statusof this market, key market indicators, integration challenges, end-user adoption analysis, and key trendsof the market.Further, key market indicators included in the report provide the significant factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period and provide an overview about theglobal payroll & HR solutions & services market. Amarket attractiveness analysis has also been provided for every segment in the report, in order to present a thorough understanding of the overall scenario in the payroll & HR solutions & services market. The report alsooffersan overview of various strategies adopted by key players in the market.

Global Payroll & HR Solutions & Services Market: Scope of the Report

On the basis of deployment, the market is segmented into cloud, on premise, and hybrid. Based on enterprise size, the market is divided into small & medium enterprises and large enterprises. Based on solution, the market is categorized into software and services. The software segment is further fragmented into suite and standalone. The standalone sub segment is classified into payroll and compensation management, time and attendance management, compliance management, workforce management, claims administration, employee benefits management,hire management and others (tax management, report generation, etc.).On the basis of industry, the market is divided into banking, financial services, and insurance (BFSI), government, healthcare, manufacturing, retail, telecom and IT, transportation and logistics, and others.The report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle East & Africa, and South America, along with the qualitative analysis for market estimates supplementing the growth of the payroll & HR solutions & services marketduring the forecast period.

The report also highlights the competitive landscape of the global payroll & HR solutions & services market, positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the industry. The comprehensive payroll & HR solutions & services market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, and technological factors along with the current market dynamics affecting the payroll & HR solutions & services market growth.

This report provides all the essential information required to understand the key developments in the payroll & HR solutions & services market, and growth trends of each segment and region. It includes strategies of companies, financial information, SWOT analysis, and developmentsunder the company profile section. The report also provides insights related to trends and their impact on the market. Furthermore, Porter’s Five Forces analysis explains the five forces namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the payroll & HR solutions & services market.This report also provides a comprehensive ecosystem analysis for the payroll & HR solutions & services market. It explains the various participants including software & third-party vendors, system integrators, and distribution channels within the value chain operating in the market.

Global Payroll & HR Solutions & Services Market: Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary research sources such as annual reports, company websites, broker reports, financial reports, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, World Bank database, and industry white papers are referred.

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the payroll & HR solutions & services market across geographies. Primary interviews are usually conducted on an ongoing basis with industry expertsand participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offerfirsthand information on important factors such as market trends, market size, competitive landscape,growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

Global Payroll & HR Solutions & Services Market: Competitive Dynamics

The global payroll & HR solutions & services marketreport provides company market share analysis of the various key participants. Some of the key players profiled in the report include Automatic Data Processing, Inc. (ADP), Paycor, Inc., Paycom Software, Inc., TMF Group Holding B.V., SAP SE, Sage Group plc., Paychex, Inc., Ramco Systems Limited, Kronos Incorporated , Paylocity Corporation, Ultimate Software Group, Oracle Corporation, Jobvite, Inc.,Intuit Inc., and TriNet Group, Inc. among others.

Note: Product cover images may vary from those shown
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1. Preface
1.1. Market Scope
1.2. Market Segmentation
1.3. Key Research Objectives

2. Assumptions and Research Methodology
2.1. Market Taxonomy - Segment Definitions
2.2. Research Methodology
2.2.1. List of Primary and Secondary Sources
2.3. Key Assumptions for Data Modelling

3. Executive Summary : Global Payroll & HR Solutions and Services and Services Market

4. Market Overview
4.1. Introduction
4.2. Technology/Product Roadmap
4.3. Market Factor Analysis
4.3.1. Value Chain Analysis
4.3.2. Market Dynamics (Growth Influencers)
4.3.2.1. Drivers
4.3.2.1.1. Supply Side
4.3.2.1.2. Demand Side
4.3.2.2. Restraints
4.3.2.3. Opportunities
4.4. Key Trend Analysis
4.5. Regulations and Policies
4.6. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, 2016 - 2026
4.6.1. Market Revenue Analysis (US$ Bn)
4.6.1.1. Historic growth trends, 2012-2017
4.6.1.2. Forecast trends, 2017-2026
4.6.2. Price Trend Analysis - By Region
4.7. Market Outlook

5. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, By Deployment
5.1. Overview and Definition
5.2. Key Segment Analysis
5.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
5.3.1. Cloud
5.3.2. On-Premise
5.3.3. Hybrid

6. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, By Enterprise Size
6.1. Overview and Definition
6.2. Key Segment Analysis
6.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
6.3.1. Small & Medium Enterprises (SME’s)
6.3.2. Large Enterprises

7. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, By Solution
7.1. Overview and Definition
7.2. Key Segment Analysis
7.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn) Forecast, By Solution, 2016 - 2026
7.3.1. Software
7.3.1.1. Services Suite
7.3.1.2. Standalone
7.3.1.2.1. Payroll and Compensation Management
7.3.1.2.2. Time and Attendance Management
7.3.1.2.3. Compliance Management
7.3.1.2.4. Workforce Management
7.3.1.2.5. Claims Administration
7.3.1.2.6. Employee Benefits Management
7.3.1.2.7. Hire Management
7.3.1.2.8. Others (Tax Management, Report Generation, etc.)
7.3.2. Services

8. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, By Industry Vertical
8.1. Overview & Definition
8.2. Industry Vertical GDP Share (%) for Top 12 countries (on GDP basis)
8.3. Key Segment Analysis
8.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
8.4.1. BFSI
8.4.2. Government
8.4.3. Healthcare
8.4.4. Manufacturing
8.4.5. Retail
8.4.6. Telecom and IT
8.4.7. Transportation and Logistics
8.4.8. Others (Energy etc.)
8.5. Market Attractiveness By Industry Vertical

9. Global Payroll & HR Solutions and Services and Services Market Analysis and Forecast, by Region
9.1. Overview
9.2. Key Segment Analysis
9.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, by Region, 2016 - 2026
9.3.1. North America
9.3.2. Europe
9.3.3. Asia Pacific
9.3.4. Middle East and Africa
9.3.5. South America
9.4. Market Attractiveness by Region

10. North America Payroll & HR Solutions and Services and Services Market Analysis and Forecast
10.1. Key Findings
10.2. Market Dynamics
10.2.1. Drivers
10.2.1.1. Supply Side
10.2.1.2. Demand Side
10.2.2. Restraints
10.2.3. Opportunities
10.2.4. Impact Analysis of Drivers & Restraints
10.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
10.3.1. Cloud
10.3.2. On-Premise
10.3.3. Hybrid
10.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
10.4.1. Small & Medium Enterprises (SME’s)
10.4.2. Large Enterprises
10.5. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Solution, 2016 - 2026
10.5.1. Software
10.5.1.1. Services Suite
10.5.1.2. Standalone
10.5.1.2.1. Payroll and Compensation Management
10.5.1.2.2. Time and Attendance Management
10.5.1.2.3. Compliance Management
10.5.1.2.4. Workforce Management
10.5.1.2.5. Claims Administration
10.5.1.2.6. Employee Benefits Management
10.5.1.2.7. Hire Management
10.5.1.2.8. Others (Tax Management, Report Generation, etc.)
10.5.2. Services
10.6. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
10.6.1. BFSI
10.6.2. Government
10.6.3. Healthcare
10.6.4. Manufacturing
10.6.5. Retail
10.6.6. Telecom and IT
10.6.7. Transportation and Logistics
10.6.8. Others (Energy etc.)
10.7. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Country, 2016 - 2026
10.7.1. The U.S.
10.7.2. Canada
10.7.3. Rest of North America
10.8. Market Attractiveness Analysis
10.8.1. By Deployment
10.8.2. By Enterprise Size
10.8.3. By Solution
10.8.4. By Industry Vertical
10.8.5. By Country

11. Europe Payroll & HR Solutions and Services and Services Market Analysis and Forecast
11.1. Key Findings
11.2. Market Dynamics
11.2.1. Drivers
11.2.1.1. Supply Side
11.2.1.2. Demand Side
11.2.2. Restraints
11.2.3. Opportunities
11.2.4. Impact Analysis of Drivers & Restraints
11.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
11.3.1. Cloud
11.3.2. On-Premise
11.3.3. Hybrid
11.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
11.4.1. Small & Medium Enterprises (SME’s)
11.4.2. Large Enterprises
11.5. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Solution, 2016 - 2026
11.5.1. Software
11.5.1.1. Services Suite
11.5.1.2. Standalone
11.5.1.2.1. Payroll and Compensation Management
11.5.1.2.2. Time and Attendance Management
11.5.1.2.3. Compliance Management
11.5.1.2.4. Workforce Management
11.5.1.2.5. Claims Administration
11.5.1.2.6. Employee Benefits Management
11.5.1.2.7. Hire Management
11.5.1.2.8. Others (Tax Management, Report Generation, etc.)
11.5.2. Services
11.6. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
11.6.1. BFSI
11.6.2. Government
11.6.3. Healthcare
11.6.4. Manufacturing
11.6.5. Retail
11.6.6. Telecom and IT
11.6.7. Transportation and Logistics
11.6.8. Others (Energy etc.)
11.7. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Country, 2016 - 2026
11.7.1. Germany
11.7.2. France
11.7.3. UK
11.7.4. Rest of Europe
11.8. Market Attractiveness Analysis
11.8.1. By Deployment
11.8.2. By Enterprise Size
11.8.3. By Solution
11.8.4. By Industry Vertical
11.8.5. By Country

12. Asia Pacific Payroll & HR Solutions and Services and Services Market Analysis and Forecast
12.1. Key Findings
12.2. Market Dynamics
12.2.1. Drivers
12.2.1.1. Supply Side
12.2.1.2. Demand Side
12.2.2. Restraints
12.2.3. Opportunities
12.2.4. Impact Analysis of Drivers & Restraints
12.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
12.3.1. Cloud
12.3.2. On-Premise
12.3.3. Hybrid
12.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
12.4.1. Small & Medium Enterprises (SME’s)
12.4.2. Large Enterprises
12.5. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Solution, 2016 - 2026
12.5.1. Software
12.5.1.1. Services Suite
12.5.1.2. Standalone
12.5.1.2.1. Payroll and Compensation Management
12.5.1.2.2. Time and Attendance Management
12.5.1.2.3. Compliance Management
12.5.1.2.4. Workforce Management
12.5.1.2.5. Claims Administration
12.5.1.2.6. Employee Benefits Management
12.5.1.2.7. Hire Management
12.5.1.2.8. Others (Tax Management, Report Generation, etc.)
12.5.2. Services
12.6. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
12.6.1. BFSI
12.6.2. Government
12.6.3. Healthcare
12.6.4. Manufacturing
12.6.5. Retail
12.6.6. Telecom and IT
12.6.7. Transportation and Logistics
12.6.8. Others (Energy etc.)
12.7. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Country, 2016 - 2026
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. Rest of Asia Pacific
12.8. Market Attractiveness Analysis
12.8.1. By Deployment
12.8.2. By Enterprise Size
12.8.3. By Solution
12.8.4. By Industry Vertical
12.8.5. By Country

13. Middle East & Africa (MEA) Payroll & HR Solutions and Services and Services Market Analysis and Forecast
13.1. Key Findings
13.2. Market Dynamics
13.2.1. Drivers
13.2.1.1. Supply Side
13.2.1.2. Demand Side
13.2.2. Restraints
13.2.3. Opportunities
13.2.4. Impact Analysis of Drivers & Restraints
13.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
13.3.1. Cloud
13.3.2. On-Premise
13.3.3. Hybrid
13.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
13.4.1. Small & Medium Enterprises (SME’s)
13.4.2. Large Enterprises
13.5. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Solution, 2016 - 2026
13.5.1. Software
13.5.1.1. Services Suite
13.5.1.2. Standalone
13.5.1.2.1. Payroll and Compensation Management
13.5.1.2.2. Time and Attendance Management
13.5.1.2.3. Compliance Management
13.5.1.2.4. Workforce Management
13.5.1.2.5. Claims Administration
13.5.1.2.6. Employee Benefits Management
13.5.1.2.7. Hire Management
13.5.1.2.8. Others (Tax Management, Report Generation, etc.)
13.5.2. Services
13.6. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
13.6.1. BFSI
13.6.2. Government
13.6.3. Healthcare
13.6.4. Manufacturing
13.6.5. Retail
13.6.6. Telecom and IT
13.6.7. Transportation and Logistics
13.6.8. Others (Energy etc.)
13.7. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Country, 2016 - 2026
13.7.1. Saudi Arabia
13.7.2. UAE
13.7.3. Turkey
13.7.4. Rest of MEA
13.8. Market Attractiveness Analysis
13.8.1. By Deployment
13.8.2. By Enterprise Size
13.8.3. By Solution
13.8.4. By Industry Vertical
13.8.5. By Country

14. South America Payroll & HR Solutions and Services and Services Market Analysis and Forecast
14.1. Key Findings
14.2. Market Dynamics
14.2.1. Drivers
14.2.1.1. Supply Side
14.2.1.2. Demand Side
14.2.2. Restraints
14.2.3. Opportunities
14.2.4. Impact Analysis of Drivers & Restraints
14.3. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Deployment, 2016 - 2026
14.3.1. Cloud
14.3.2. On-Premise
14.3.3. Hybrid
14.4. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Enterprise Size, 2016 - 2026
14.4.1. Small & Medium Enterprises (SME’s)
14.4.2. Large Enterprises
14.5. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Solution, 2016 - 2026
14.5.1. Software
14.5.1.1. Services Suite
14.5.1.2. Standalone
14.5.1.2.1. Payroll and Compensation Management
14.5.1.2.2. Time and Attendance Management
14.5.1.2.3. Compliance Management
14.5.1.2.4. Workforce Management
14.5.1.2.5. Claims Administration
14.5.1.2.6. Employee Benefits Management
14.5.1.2.7. Hire Management
14.5.1.2.8. Others (Tax Management, Report Generation, etc.)
14.5.2. Services
14.6. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Industry Vertical, 2016 - 2026
14.6.1. BFSI
14.6.2. Government
14.6.3. Healthcare
14.6.4. Manufacturing
14.6.5. Retail
14.6.6. Telecom and IT
14.6.7. Transportation and Logistics
14.6.8. Others (Energy etc.)
14.7. Payroll & HR Solutions and Services and Services Market Size (US$ Bn ) Forecast, By Country, 2016 - 2026
14.7.1. Brazil
14.7.2. Argentina
14.7.3. Chile
14.7.4. Rest of South America
14.8. Market Attractiveness Analysis
14.8.1. By Deployment
14.8.2. By Enterprise Size
14.8.3. By Solution
14.8.4. By Industry Vertical
14.8.5. By Country

15. Competition Landscape
15.1. Market Player - Competition Matrix
15.2. Market Revenue Share Analysis (%), By Company (2017)

16. Company Profiles
16.1.1. Automatic Data Processing, Inc. (ADP)
16.1.1.1. Business Overview
16.1.1.2. Financial
16.1.1.3. Strategic Overview
16.1.2. SAP SE
16.1.2.1. Business Overview
16.1.2.2. Financial
16.1.2.3. Strategic Overview
16.1.3. Sage Group plc.
16.1.3.1. Business Overview
16.1.3.2. Financial
16.1.3.3. Strategic Overview
16.1.4. Paychex, Inc.
16.1.4.1. Business Overview
16.1.4.2. Financial
16.1.4.3. Strategic Overview
16.1.5. Ramco Systems Limited
16.1.5.1. Business Overview
16.1.5.2. Financial
16.1.5.3. Strategic Overview
16.1.6. TMF Group Holding B.V.
16.1.6.1. Business Overview
16.1.6.2. Financial
16.1.6.3. Strategic Overview
16.1.7. Kronos Incorporated
16.1.7.1. Business Overview
16.1.7.2. Financial
16.1.7.3. Strategic Overview
16.1.8. Paycor, Inc.
16.1.8.1. Business Overview
16.1.8.2. Financial
16.1.8.3. Strategic Overview
16.1.9. Paycom Software, Inc.
16.1.9.1. Business Overview
16.1.9.2. Financial
16.1.9.3. Strategic Overview
16.1.10. Paylocity Corporation
16.1.10.1. Business Overview
16.1.10.2. Financial
16.1.10.3. Strategic Overview
16.1.11. Ultimate Software Group
16.1.11.1. Business Overview
16.1.11.2. Financial
16.1.11.3. Strategic Overview
16.1.12. Oracle Corporation
16.1.12.1. Business Overview
16.1.12.2. Financial
16.1.12.3. Strategic Overview
16.1.13. Jobvite, Inc.
16.1.13.1. Business Overview
16.1.13.2. Financial
16.1.13.3. Strategic Overview
16.1.14. Intuit Inc.
16.1.14.1. Business Overview
16.1.14.2. Financial
16.1.14.3. Strategic Overview
16.1.15. TriNet Group, Inc.
16.1.15.1. Business Overview
16.1.15.2. Financial
16.1.15.3. Strategic Overview

17. Key Takeaways
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