According to this study, the global Employer of Record Platform market size will reach US$ 7097 million by 2031.
An Employer of Record (EOR) is a third-party organization that takes responsibility for all formal employment tasks on behalf of another company. The EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws. Hiring an EOR gives the client’s company the opportunity to manage their time more efficiently and effectively. Employer of Record is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, visa application, and sponsorship applications and a great many other transactions and operations concerning human resources. In businesses expanding market, also come across terms: Professional Employment Organization (PEO) and Global Employment Organization (GEO). A Professional Employment Organization (PEO) also known as an International/Global PEO, allows an enterprise to hire employees in a foreign market without the need of setting up a local entity. Although quite similar to an Employer of Record, a PEO is a service firm that generally offers a more comprehensive range of HR services. A Global Employment Organization (GEO) has properties of an EOR but is more similar to a PEO, in that it allows for the administrative HR burden to be removed from a client and instead be managed by a Global Employment Organization. Some firms take Employer of Record (EOR) business same as PEO and we abide this attribution in corresponding situation.
The rapid growth of the Employer of Record (EOR) industry is being driven by several key factors, including the accelerating globalization of businesses, the rise of remote and distributed workforces, increasingly complex labor regulations, and the need for cost-efficient and compliant international expansion. As companies seek to enter new markets quickly without the burden of establishing legal entities, EORs provide a streamlined solution by taking on full legal responsibility for employment tasks such as payroll processing, tax compliance, benefits administration, visa and work permit sponsorship, and adherence to local labor laws, thereby mitigating risks and reducing administrative overhead. The shift toward flexible work models, particularly post-pandemic, has further fueled demand for EOR services, as organizations look to hire top talent across borders without the delays and costs associated with traditional expansion methods. Additionally, stricter compliance requirements and penalties for misclassification of workers—especially with the rise of gig and contract labor—have pushed businesses to rely on EORs to ensure adherence to regional employment standards while avoiding legal liabilities. Technological advancements in HR and payroll platforms have also enabled EORs to offer scalable, real-time solutions that integrate seamlessly with clients’ existing systems, enhancing transparency and efficiency. Furthermore, the competitive talent landscape has made EORs indispensable for companies aiming to attract and retain skilled professionals in high-demand markets by offering localized benefits, competitive compensation, and streamlined onboarding. Emerging markets in Asia, Latin America, and Africa present significant growth opportunities for EOR providers, as businesses in North America and Europe expand operations into these regions but face challenges navigating unfamiliar labor regulations and cultural differences. At the same time, startups and SMEs increasingly leverage EORs to compete with larger enterprises by accessing global talent pools without the prohibitive costs of setting up foreign subsidiaries. The convergence of these trends—coupled with the growing recognition of EORs as strategic partners rather than just administrative vendors—positions the industry for sustained expansion as businesses prioritize agility, compliance, and scalability in their international workforce strategies.
The “Employer of Record Platform Industry Forecast” looks at past sales and reviews total world Employer of Record Platform sales in 2024, providing a comprehensive analysis by region and market sector of projected Employer of Record Platform sales for 2025 through 2031. With Employer of Record Platform sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Employer of Record Platform industry.
This Insight Report provides a comprehensive analysis of the global Employer of Record Platform landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Employer of Record Platform portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Employer of Record Platform market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Employer of Record Platform and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Employer of Record Platform.
This report presents a comprehensive overview, market shares, and growth opportunities of Employer of Record Platform market by product type, application, key players and key regions and countries.
Segmentation by Type:
Aggregator Model
Wholly Owned Infrastructure Model
Segmentation by Application:
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Adecco
Randstad
Aquent
Globalization Partners
FoxHire
Infotree Global
Safeguard Global
Remote
Velocity Global
Deel
Oyster HR
BIPO
Papaya Global
Knit People
Atlas Technology Solutions
Horizons
Multiplier
Acumen International
Universal Hires
CIIC
Links International
Sky Executive
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Employer of Record Platform Market Size (2020-2031)
2.1.2 Employer of Record Platform Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Employer of Record Platform by Country/Region (2020, 2024 & 2031)
2.2 Employer of Record Platform Segment by Type
2.2.1 Aggregator Model
2.2.2 Wholly Owned Infrastructure Model
2.3 Employer of Record Platform Market Size by Type
2.3.1 Employer of Record Platform Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Employer of Record Platform Market Size Market Share by Type (2020-2025)
2.4 Employer of Record Platform Segment by Application
2.4.1 SMEs
2.4.2 Large Enterprises
2.5 Employer of Record Platform Market Size by Application
2.5.1 Employer of Record Platform Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Employer of Record Platform Market Size Market Share by Application (2020-2025)
3 Employer of Record Platform Market Size by Player
3.1 Employer of Record Platform Market Size Market Share by Player
3.1.1 Global Employer of Record Platform Revenue by Player (2020-2025)
3.1.2 Global Employer of Record Platform Revenue Market Share by Player (2020-2025)
3.2 Global Employer of Record Platform Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Employer of Record Platform by Region
4.1 Employer of Record Platform Market Size by Region (2020-2025)
4.2 Global Employer of Record Platform Annual Revenue by Country/Region (2020-2025)
4.3 Americas Employer of Record Platform Market Size Growth (2020-2025)
4.4 APAC Employer of Record Platform Market Size Growth (2020-2025)
4.5 Europe Employer of Record Platform Market Size Growth (2020-2025)
4.6 Middle East & Africa Employer of Record Platform Market Size Growth (2020-2025)
5 Americas
5.1 Americas Employer of Record Platform Market Size by Country (2020-2025)
5.2 Americas Employer of Record Platform Market Size by Type (2020-2025)
5.3 Americas Employer of Record Platform Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Employer of Record Platform Market Size by Region (2020-2025)
6.2 APAC Employer of Record Platform Market Size by Type (2020-2025)
6.3 APAC Employer of Record Platform Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Employer of Record Platform Market Size by Country (2020-2025)
7.2 Europe Employer of Record Platform Market Size by Type (2020-2025)
7.3 Europe Employer of Record Platform Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Employer of Record Platform by Region (2020-2025)
8.2 Middle East & Africa Employer of Record Platform Market Size by Type (2020-2025)
8.3 Middle East & Africa Employer of Record Platform Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Employer of Record Platform Market Forecast
10.1 Global Employer of Record Platform Forecast by Region (2026-2031)
10.1.1 Global Employer of Record Platform Forecast by Region (2026-2031)
10.1.2 Americas Employer of Record Platform Forecast
10.1.3 APAC Employer of Record Platform Forecast
10.1.4 Europe Employer of Record Platform Forecast
10.1.5 Middle East & Africa Employer of Record Platform Forecast
10.2 Americas Employer of Record Platform Forecast by Country (2026-2031)
10.2.1 United States Market Employer of Record Platform Forecast
10.2.2 Canada Market Employer of Record Platform Forecast
10.2.3 Mexico Market Employer of Record Platform Forecast
10.2.4 Brazil Market Employer of Record Platform Forecast
10.3 APAC Employer of Record Platform Forecast by Region (2026-2031)
10.3.1 China Employer of Record Platform Market Forecast
10.3.2 Japan Market Employer of Record Platform Forecast
10.3.3 Korea Market Employer of Record Platform Forecast
10.3.4 Southeast Asia Market Employer of Record Platform Forecast
10.3.5 India Market Employer of Record Platform Forecast
10.3.6 Australia Market Employer of Record Platform Forecast
10.4 Europe Employer of Record Platform Forecast by Country (2026-2031)
10.4.1 Germany Market Employer of Record Platform Forecast
10.4.2 France Market Employer of Record Platform Forecast
10.4.3 UK Market Employer of Record Platform Forecast
10.4.4 Italy Market Employer of Record Platform Forecast
10.4.5 Russia Market Employer of Record Platform Forecast
10.5 Middle East & Africa Employer of Record Platform Forecast by Region (2026-2031)
10.5.1 Egypt Market Employer of Record Platform Forecast
10.5.2 South Africa Market Employer of Record Platform Forecast
10.5.3 Israel Market Employer of Record Platform Forecast
10.5.4 Turkey Market Employer of Record Platform Forecast
10.6 Global Employer of Record Platform Forecast by Type (2026-2031)
10.7 Global Employer of Record Platform Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Employer of Record Platform Forecast
11 Key Players Analysis
11.1 Adecco
11.1.1 Adecco Company Information
11.1.2 Adecco Employer of Record Platform Product Offered
11.1.3 Adecco Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Adecco Main Business Overview
11.1.5 Adecco Latest Developments
11.2 Randstad
11.2.1 Randstad Company Information
11.2.2 Randstad Employer of Record Platform Product Offered
11.2.3 Randstad Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Randstad Main Business Overview
11.2.5 Randstad Latest Developments
11.3 Aquent
11.3.1 Aquent Company Information
11.3.2 Aquent Employer of Record Platform Product Offered
11.3.3 Aquent Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Aquent Main Business Overview
11.3.5 Aquent Latest Developments
11.4 Globalization Partners
11.4.1 Globalization Partners Company Information
11.4.2 Globalization Partners Employer of Record Platform Product Offered
11.4.3 Globalization Partners Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Globalization Partners Main Business Overview
11.4.5 Globalization Partners Latest Developments
11.5 FoxHire
11.5.1 FoxHire Company Information
11.5.2 FoxHire Employer of Record Platform Product Offered
11.5.3 FoxHire Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 FoxHire Main Business Overview
11.5.5 FoxHire Latest Developments
11.6 Infotree Global
11.6.1 Infotree Global Company Information
11.6.2 Infotree Global Employer of Record Platform Product Offered
11.6.3 Infotree Global Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Infotree Global Main Business Overview
11.6.5 Infotree Global Latest Developments
11.7 Safeguard Global
11.7.1 Safeguard Global Company Information
11.7.2 Safeguard Global Employer of Record Platform Product Offered
11.7.3 Safeguard Global Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Safeguard Global Main Business Overview
11.7.5 Safeguard Global Latest Developments
11.8 Remote
11.8.1 Remote Company Information
11.8.2 Remote Employer of Record Platform Product Offered
11.8.3 Remote Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Remote Main Business Overview
11.8.5 Remote Latest Developments
11.9 Velocity Global
11.9.1 Velocity Global Company Information
11.9.2 Velocity Global Employer of Record Platform Product Offered
11.9.3 Velocity Global Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Velocity Global Main Business Overview
11.9.5 Velocity Global Latest Developments
11.10 Deel
11.10.1 Deel Company Information
11.10.2 Deel Employer of Record Platform Product Offered
11.10.3 Deel Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Deel Main Business Overview
11.10.5 Deel Latest Developments
11.11 Oyster HR
11.11.1 Oyster HR Company Information
11.11.2 Oyster HR Employer of Record Platform Product Offered
11.11.3 Oyster HR Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Oyster HR Main Business Overview
11.11.5 Oyster HR Latest Developments
11.12 BIPO
11.12.1 BIPO Company Information
11.12.2 BIPO Employer of Record Platform Product Offered
11.12.3 BIPO Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 BIPO Main Business Overview
11.12.5 BIPO Latest Developments
11.13 Papaya Global
11.13.1 Papaya Global Company Information
11.13.2 Papaya Global Employer of Record Platform Product Offered
11.13.3 Papaya Global Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Papaya Global Main Business Overview
11.13.5 Papaya Global Latest Developments
11.14 Knit People
11.14.1 Knit People Company Information
11.14.2 Knit People Employer of Record Platform Product Offered
11.14.3 Knit People Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Knit People Main Business Overview
11.14.5 Knit People Latest Developments
11.15 Atlas Technology Solutions
11.15.1 Atlas Technology Solutions Company Information
11.15.2 Atlas Technology Solutions Employer of Record Platform Product Offered
11.15.3 Atlas Technology Solutions Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Atlas Technology Solutions Main Business Overview
11.15.5 Atlas Technology Solutions Latest Developments
11.16 Horizons
11.16.1 Horizons Company Information
11.16.2 Horizons Employer of Record Platform Product Offered
11.16.3 Horizons Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Horizons Main Business Overview
11.16.5 Horizons Latest Developments
11.17 Multiplier
11.17.1 Multiplier Company Information
11.17.2 Multiplier Employer of Record Platform Product Offered
11.17.3 Multiplier Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Multiplier Main Business Overview
11.17.5 Multiplier Latest Developments
11.18 Acumen International
11.18.1 Acumen International Company Information
11.18.2 Acumen International Employer of Record Platform Product Offered
11.18.3 Acumen International Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Acumen International Main Business Overview
11.18.5 Acumen International Latest Developments
11.19 Universal Hires
11.19.1 Universal Hires Company Information
11.19.2 Universal Hires Employer of Record Platform Product Offered
11.19.3 Universal Hires Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Universal Hires Main Business Overview
11.19.5 Universal Hires Latest Developments
11.20 CIIC
11.20.1 CIIC Company Information
11.20.2 CIIC Employer of Record Platform Product Offered
11.20.3 CIIC Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 CIIC Main Business Overview
11.20.5 CIIC Latest Developments
11.21 Links International
11.21.1 Links International Company Information
11.21.2 Links International Employer of Record Platform Product Offered
11.21.3 Links International Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.21.4 Links International Main Business Overview
11.21.5 Links International Latest Developments
11.22 Sky Executive
11.22.1 Sky Executive Company Information
11.22.2 Sky Executive Employer of Record Platform Product Offered
11.22.3 Sky Executive Employer of Record Platform Revenue, Gross Margin and Market Share (2020-2025)
11.22.4 Sky Executive Main Business Overview
11.22.5 Sky Executive Latest Developments
12 Research Findings and Conclusion
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*If Applicable.