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HR Benefits and Administration - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5310707

FEATURED COMPANIES

  • ACS
  • ADP LLC
  • Aon Plc
  • Mercer
  • SECOVA
  • Towers Watson
Global HR Benefits and Administration Market to Reach $11 Billion by 2027

Amid the COVID-19 crisis, the global market for HR Benefits and Administration estimated at US$8.1 Billion in the year 2020, is projected to reach a revised size of US$11 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.





The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 4.3% CAGR

The HR Benefits and Administration market in the U.S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 36 Featured):
  • ACS
  • ADP LLC
  • Aon Plc
  • Marsh & McLennan Companies Inc.
  • Mercer
  • SECOVA
  • Towers Watson
  • Willis Group Holdings Plc
  • Xerox Corp.
Frequently Asked Questions about the Global Market for HR Benefits and Administration

What is the estimated value of the Global Market for HR Benefits and Administration?

The Global Market for HR Benefits and Administration was estimated to be valued at $8.1 Billion in 2020.

What is the growth rate of the Global Market for HR Benefits and Administration?

The growth rate of the Global Market for HR Benefits and Administration is 4.5%, with an estimated value of $11.0 Billion by 2027.

What is the forecasted size of the Global Market for HR Benefits and Administration?

The Global Market for HR Benefits and Administration is estimated to be worth $11.0 Billion by 2027.

Who are the key companies in the Global Market for HR Benefits and Administration?

Key companies in the Global Market for HR Benefits and Administration include ACS, ADP LLC, Aon Plc, Marsh & McLennan Companies Inc., Mercer, SECOVA, Towers Watson and Xerox Corp..

FEATURED COMPANIES

  • ACS
  • ADP LLC
  • Aon Plc
  • Mercer
  • SECOVA
  • Towers Watson

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for HR Benefits and Administration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 2: World Historic Review for HR Benefits and Administration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 3: World 15-Year Perspective for HR Benefits and Administration by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027

III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 5: USA Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 7: Canada Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 9: Japan Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 11: China Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • EUROPE
  • Table 12: Europe Current & Future Analysis for HR Benefits and Administration by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 13: Europe Historic Review for HR Benefits and Administration by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 14: Europe 15-Year Perspective for HR Benefits and Administration by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2018 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 16: France Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 18: Germany Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 20: Italy Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 22: UK Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • REST OF EUROPE
  • Table 23: Rest of Europe Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 24: Rest of Europe Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • ASIA-PACIFIC
  • Table 25: Asia-Pacific Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 26: Asia-Pacific Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • REST OF WORLD
  • Table 27: Rest of World Current & Future Analysis for HR Benefits and Administration by Segment - HR Benefits and Administration - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 28: Rest of World Historic Review for HR Benefits and Administration by Segment - HR Benefits and Administration Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 36

A selection of companies mentioned in this report includes:

  • ACS
  • ADP LLC
  • Aon Plc
  • Marsh & McLennan Companies Inc.
  • Mercer
  • SECOVA
  • Towers Watson
  • Willis Group Holdings Plc
  • Xerox Corp.