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Global Payroll Outsourcing Services Market 2023-2027

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    Report

  • 120 Pages
  • December 2022
  • Region: Global
  • TechNavio
  • ID: 5504875
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The payroll outsourcing services market is poised to grow by $7087.99 mn during 2023-2027, accelerating at a CAGR of 5.8% during the forecast period. The report on the payroll outsourcing services 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 global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing need for payroll cost visibility, escalating demand to reduce payroll-related costs, and increasing demand to standardize processes, technology, and governance.

The payroll outsourcing services market is segmented as below:

By Product

  • Hybrid
  • Fully outsourced

By Type

  • Mid-market
  • National
  • Multinational

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the rise of multi-country and centralized outsourcing models as one of the prime reasons driving the payroll outsourcing services market growth during the next few years. Also, the expansion of MNCs in South America and the implementation of automation will lead to sizable demand in the market.

The report on the payroll outsourcing services market covers the following areas:

  • Payroll outsourcing services market sizing
  • Payroll outsourcing services market forecast
  • Payroll outsourcing services 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 payroll outsourcing services market vendors that include Acara Solutions India, Accenture Plc, Alight Solutions LLC, Automatic Data Processing Inc, Ceridian HCM Holding Inc., Complete Payroll Solutions, Deloitte Touche Tohmatsu Ltd., Workday Inc., Wipro Ltd., The Access Group, TalentPro, Safeguard World International LLC, Ramco Systems Ltd., Paycor Inc., Paycom Software Inc., Intuit Inc., International Business Machines Corp., Infosys Ltd., Hexaware Technologies Ltd., and Hewlett Packard Enterprise Co. Also, the payroll outsourcing services 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 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 primary and secondary research. 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 Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
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 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global payroll outsourcing services market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global payroll outsourcing services market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Hybrid - Market size and forecast 2022-2027
Exhibit 34: Chart on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
6.4 Fully outsourced - Market size and forecast 2022-2027
Exhibit 38: Chart on Fully outsourced - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Fully outsourced - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Fully outsourced - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Fully outsourced - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Mid-market - Market size and forecast 2022-2027
Exhibit 47: Chart on Mid-market - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Mid-market - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Mid-market - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Mid-market - Year-over-year growth 2022-2027 (%)
7.4 National - Market size and forecast 2022-2027
Exhibit 51: Chart on National - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on National - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on National - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on National - Year-over-year growth 2022-2027 (%)
7.5 Multinational - Market size and forecast 2022-2027
Exhibit 55: Chart on Multinational - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Multinational - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Multinational - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Multinational - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Type
Exhibit 59: Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 Australia - Market size and forecast 2022-2027
Exhibit 101: Chart on Australia - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Australia - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Australia - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 105: 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 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Acara Solutions India
Exhibit 112: Acara Solutions India - Overview
Exhibit 113: Acara Solutions India - Product/Service
Exhibit 114: Acara Solutions India - Key offerings
12.4 Accenture Plc
Exhibit 115: Accenture Plc - Overview
Exhibit 116: Accenture Plc - Business segments
Exhibit 117: Accenture Plc - Key news
Exhibit 118: Accenture Plc - Key offerings
Exhibit 119: Accenture Plc - Segment focus
12.5 Alight Solutions LLC
Exhibit 120: Alight Solutions LLC - Overview
Exhibit 121: Alight Solutions LLC - Product/Service
Exhibit 122: Alight Solutions LLC - Key offerings
12.6 Automatic Data Processing Inc
Exhibit 123: Automatic Data Processing Inc - Overview
Exhibit 124: Automatic Data Processing Inc - Business segments
Exhibit 125: Automatic Data Processing Inc - Key news
Exhibit 126: Automatic Data Processing Inc - Key offerings
Exhibit 127: Automatic Data Processing Inc - Segment focus
12.7 Ceridian HCM Holding Inc.
Exhibit 128: Ceridian HCM Holding Inc. - Overview
Exhibit 129: Ceridian HCM Holding Inc. - Product/Service
Exhibit 130: Ceridian HCM Holding Inc. - Key news
Exhibit 131: Ceridian HCM Holding Inc. - Key offerings
12.8 Complete Payroll Solutions
Exhibit 132: Complete Payroll Solutions - Overview
Exhibit 133: Complete Payroll Solutions - Product/Service
Exhibit 134: Complete Payroll Solutions - Key offerings
12.9 Deloitte Touche Tohmatsu Ltd.
Exhibit 135: Deloitte Touche Tohmatsu Ltd. - Overview
Exhibit 136: Deloitte Touche Tohmatsu Ltd. - Business segments
Exhibit 137: Deloitte Touche Tohmatsu Ltd. - Key offerings
Exhibit 138: Deloitte Touche Tohmatsu Ltd. - Segment focus
12.10 Hewlett Packard Enterprise Co.
Exhibit 139: Hewlett Packard Enterprise Co. - Overview
Exhibit 140: Hewlett Packard Enterprise Co. - Business segments
Exhibit 141: Hewlett Packard Enterprise Co. - Key news
Exhibit 142: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 143: Hewlett Packard Enterprise Co. - Segment focus
12.11 Hexaware Technologies Ltd.
Exhibit 144: Hexaware Technologies Ltd. - Overview
Exhibit 145: Hexaware Technologies Ltd. - Product/Service
Exhibit 146: Hexaware Technologies Ltd. - Key offerings
12.12 Infosys Ltd.
Exhibit 147: Infosys Ltd. - Overview
Exhibit 148: Infosys Ltd. - Business segments
Exhibit 149: Infosys Ltd. - Key news
Exhibit 150: Infosys Ltd. - Key offerings
Exhibit 151: Infosys Ltd. - Segment focus
12.13 International Business Machines Corp.
Exhibit 152: International Business Machines Corp. - Overview
Exhibit 153: International Business Machines Corp. - Business segments
Exhibit 154: International Business Machines Corp. - Key news
Exhibit 155: International Business Machines Corp. - Key offerings
Exhibit 156: International Business Machines Corp. - Segment focus
12.14 Intuit Inc.
Exhibit 157: Intuit Inc. - Overview
Exhibit 158: Intuit Inc. - Business segments
Exhibit 159: Intuit Inc. - Key offerings
Exhibit 160: Intuit Inc. - Segment focus
12.15 Paycom Software Inc.
Exhibit 161: Paycom Software Inc. - Overview
Exhibit 162: Paycom Software Inc. - Product/Service
Exhibit 163: Paycom Software Inc. - Key offerings
12.16 Paycor Inc.
Exhibit 164: Paycor Inc. - Overview
Exhibit 165: Paycor Inc. - Product/Service
Exhibit 166: Paycor Inc. - Key offerings
12.17 Ramco Systems Ltd.
Exhibit 167: Ramco Systems Ltd. - Overview
Exhibit 168: Ramco Systems Ltd. - Business segments
Exhibit 169: Ramco Systems Ltd. - Key offerings
Exhibit 170: Ramco Systems Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global payroll outsourcing services market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Product - Market share 2022-2027 (%)
Exhibits 31: Data Table on Product - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Product
Exhibits 33: Data Table on Comparison by Product
Exhibits 34: Chart on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Hybrid - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Hybrid - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Fully outsourced - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Fully outsourced - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Fully outsourced - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Fully outsourced - Year-over-year growth 2022-2027 (%)
Exhibits 42: Market opportunity by Product ($ million)
Exhibits 43: Chart on Type - Market share 2022-2027 (%)
Exhibits 44: Data Table on Type - Market share 2022-2027 (%)
Exhibits 45: Chart on Comparison by Type
Exhibits 46: Data Table on Comparison by Type
Exhibits 47: Chart on Mid-market - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Data Table on Mid-market - Market size and forecast 2022-2027 ($ million)
Exhibits 49: Chart on Mid-market - Year-over-year growth 2022-2027 (%)
Exhibits 50: Data Table on Mid-market - Year-over-year growth 2022-2027 (%)
Exhibits 51: Chart on National - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on National - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on National - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on National - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Multinational - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on Multinational - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on Multinational - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Multinational - Year-over-year growth 2022-2027 (%)
Exhibits 59: Market opportunity by Type ($ million)
Exhibits 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 63: Chart on Geographic comparison
Exhibits 64: Data Table on Geographic comparison
Exhibits 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 91: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 101: Chart on Australia - Market size and forecast 2022-2027 ($ million)
Exhibits 102: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
Exhibits 103: Chart on Australia - Year-over-year growth 2022-2027 (%)
Exhibits 104: Data Table on Australia - Year-over-year growth 2022-2027 (%)
Exhibits 105: Market opportunity By Geographical Landscape ($ million)
Exhibits 106: Impact of drivers and challenges in 2022 and 2027
Exhibits 107: Overview on Criticality of inputs and Factors of differentiation
Exhibits 108: Overview on factors of disruption
Exhibits 109: Impact of key risks on business
Exhibits 110: Vendors covered
Exhibits 111: Matrix on vendor position and classification
Exhibits 112: Acara Solutions India - Overview
Exhibits 113: Acara Solutions India - Product/Service
Exhibits 114: Acara Solutions India - Key offerings
Exhibits 115: Accenture Plc - Overview
Exhibits 116: Accenture Plc - Business segments
Exhibits 117: Accenture Plc - Key news
Exhibits 118: Accenture Plc - Key offerings
Exhibits 119: Accenture Plc - Segment focus
Exhibits 120: Alight Solutions LLC - Overview
Exhibits 121: Alight Solutions LLC - Product/Service
Exhibits 122: Alight Solutions LLC - Key offerings
Exhibits 123: Automatic Data Processing Inc - Overview
Exhibits 124: Automatic Data Processing Inc - Business segments
Exhibits 125: Automatic Data Processing Inc - Key news
Exhibits 126: Automatic Data Processing Inc - Key offerings
Exhibits 127: Automatic Data Processing Inc - Segment focus
Exhibits 128: Ceridian HCM Holding Inc. - Overview
Exhibits 129: Ceridian HCM Holding Inc. - Product/Service
Exhibits 130: Ceridian HCM Holding Inc. - Key news
Exhibits 131: Ceridian HCM Holding Inc. - Key offerings
Exhibits 132: Complete Payroll Solutions - Overview
Exhibits 133: Complete Payroll Solutions - Product/Service
Exhibits 134: Complete Payroll Solutions - Key offerings
Exhibits 135: Deloitte Touche Tohmatsu Ltd. - Overview
Exhibits 136: Deloitte Touche Tohmatsu Ltd. - Business segments
Exhibits 137: Deloitte Touche Tohmatsu Ltd. - Key offerings
Exhibits 138: Deloitte Touche Tohmatsu Ltd. - Segment focus
Exhibits 139: Hewlett Packard Enterprise Co. - Overview
Exhibits 140: Hewlett Packard Enterprise Co. - Business segments
Exhibits 141: Hewlett Packard Enterprise Co. - Key news
Exhibits 142: Hewlett Packard Enterprise Co. - Key offerings
Exhibits 143: Hewlett Packard Enterprise Co. - Segment focus
Exhibits 144: Hexaware Technologies Ltd. - Overview
Exhibits 145: Hexaware Technologies Ltd. - Product/Service
Exhibits 146: Hexaware Technologies Ltd. - Key offerings
Exhibits 147: Infosys Ltd. - Overview
Exhibits 148: Infosys Ltd. - Business segments
Exhibits 149: Infosys Ltd. - Key news
Exhibits 150: Infosys Ltd. - Key offerings
Exhibits 151: Infosys Ltd. - Segment focus
Exhibits 152: International Business Machines Corp. - Overview
Exhibits 153: International Business Machines Corp. - Business segments
Exhibits 154: International Business Machines Corp. - Key news
Exhibits 155: International Business Machines Corp. - Key offerings
Exhibits 156: International Business Machines Corp. - Segment focus
Exhibits 157: Intuit Inc. - Overview
Exhibits 158: Intuit Inc. - Business segments
Exhibits 159: Intuit Inc. - Key offerings
Exhibits 160: Intuit Inc. - Segment focus
Exhibits 161: Paycom Software Inc. - Overview
Exhibits 162: Paycom Software Inc. - Product/Service
Exhibits 163: Paycom Software Inc. - Key offerings
Exhibits 164: Paycor Inc. - Overview
Exhibits 165: Paycor Inc. - Product/Service
Exhibits 166: Paycor Inc. - Key offerings
Exhibits 167: Ramco Systems Ltd. - Overview
Exhibits 168: Ramco Systems Ltd. - Business segments
Exhibits 169: Ramco Systems Ltd. - Key offerings
Exhibits 170: Ramco Systems Ltd. - Segment focus
Exhibits 171: Inclusions checklist
Exhibits 172: Exclusions checklist
Exhibits 173: Currency conversion rates for US$
Exhibits 174: Research methodology
Exhibits 175: Validation techniques employed for market sizing
Exhibits 176: Information sources
Exhibits 177: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global payroll outsourcing services market: Acara Solutions India, Accenture Plc, Alight Solutions LLC, Automatic Data Processing Inc, Ceridian HCM Holding Inc., Complete Payroll Solutions, Deloitte Touche Tohmatsu Ltd., Workday Inc., Wipro Ltd., The Access Group, TalentPro, Safeguard World International LLC, Ramco Systems Ltd., Paycor Inc., Paycom Software Inc., Intuit Inc., International Business Machines Corp., Infosys Ltd., Hexaware Technologies Ltd., and Hewlett Packard Enterprise Co.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the rise of multi-country and centralized outsourcing models.`

According to the report, one of the major drivers for this market is the growing need for payroll cost visibility.

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:

  • Acara Solutions India
  • Accenture Plc
  • Alight Solutions LLC
  • Automatic Data Processing Inc
  • Ceridian HCM Holding Inc.
  • Complete Payroll Solutions
  • Deloitte Touche Tohmatsu Ltd.
  • Workday Inc.
  • Wipro Ltd.
  • The Access Group
  • TalentPro
  • Safeguard World International LLC
  • Ramco Systems Ltd.
  • Paycor Inc.
  • Paycom Software Inc.
  • Intuit Inc.
  • International Business Machines Corp.
  • Infosys Ltd.
  • Hexaware Technologies Ltd.
  • Hewlett Packard Enterprise Co.

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