The global Payroll Outsourcing Services market size was valued at US$ 7444.4 million in 2023. With growing demand in downstream market, the Payroll Outsourcing Services is forecast to a readjusted size of US$ 11390 million by 2030 with a CAGR of 6.3% during review period.
The research report highlights the growth potential of the global Payroll Outsourcing Services market. Payroll Outsourcing Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Payroll Outsourcing Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Payroll Outsourcing Services market.
Organizations may collaborate with an external firm to handle all their payroll functions to save valuable time and money 鈥� this is known as Payroll Outsourcing Services. These services can calculate employee pay, make payments to employees, and generate tax forms such as W-2s. Payroll outsourcing decreases the need for in-house trained payroll staff members, and there is also no requirement to purchase or maintain appropriate software packages.
Global key players of payroll outsourcing services include ADP, Intuit, TriNet and Alight Solutions, etc. The top four players hold a share over 30%. America is dominating the global payroll outsourcing services market, has a share over 40% in terms of production. Americas is the largest market, has a share about 43%, followed by Europe and APAC, with share 29% and 24%, separately.
Key Features:
The report on Payroll Outsourcing Services market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Payroll Outsourcing Services market. It may include historical data, market segmentation by Type (e.g., Full-Managed Outsourcing, Co-Managed Outsourcing), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Payroll Outsourcing Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Payroll Outsourcing Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Payroll Outsourcing Services industry. This include advancements in Payroll Outsourcing Services technology, Payroll Outsourcing Services new entrants, Payroll Outsourcing Services new investment, and other innovations that are shaping the future of Payroll Outsourcing Services.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Payroll Outsourcing Services market. It includes factors influencing customer ' purchasing decisions, preferences for Payroll Outsourcing Services product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Payroll Outsourcing Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Payroll Outsourcing Services market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Payroll Outsourcing Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Payroll Outsourcing Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Payroll Outsourcing Services market.
Market Segmentation:
Payroll Outsourcing Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Full-Managed Outsourcing
Co-Managed Outsourcing
Segmentation by application
Small Business
Midsized Business
Large Enterprise
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.
ADP
Intuit
TriNet
Alight Solutions
Deloitte
KPMG
Paychex
Infosys
BDO
Ceridian
TMF Group
Immedis
Neeyamo
CloudPay
Aurion
Activpayroll
Zalaris
i-Admin
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 Payroll Outsourcing Services Market Size 2019-2030
2.1.2 Payroll Outsourcing Services Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Payroll Outsourcing Services Segment by Type
2.2.1 Full-Managed Outsourcing
2.2.2 Co-Managed Outsourcing
2.3 Payroll Outsourcing Services Market Size by Type
2.3.1 Payroll Outsourcing Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Payroll Outsourcing Services Market Size Market Share by Type (2019-2024)
2.4 Payroll Outsourcing Services Segment by Application
2.4.1 Small Business
2.4.2 Midsized Business
2.4.3 Large Enterprise
2.5 Payroll Outsourcing Services Market Size by Application
2.5.1 Payroll Outsourcing Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Payroll Outsourcing Services Market Size Market Share by Application (2019-2024)
3 Payroll Outsourcing Services Market Size by Player
3.1 Payroll Outsourcing Services Market Size Market Share by Players
3.1.1 Global Payroll Outsourcing Services Revenue by Players (2019-2024)
3.1.2 Global Payroll Outsourcing Services Revenue Market Share by Players (2019-2024)
3.2 Global Payroll Outsourcing Services 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) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Payroll Outsourcing Services by Regions
4.1 Payroll Outsourcing Services Market Size by Regions (2019-2024)
4.2 Americas Payroll Outsourcing Services Market Size Growth (2019-2024)
4.3 APAC Payroll Outsourcing Services Market Size Growth (2019-2024)
4.4 Europe Payroll Outsourcing Services Market Size Growth (2019-2024)
4.5 Middle East & Africa Payroll Outsourcing Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas Payroll Outsourcing Services Market Size by Country (2019-2024)
5.2 Americas Payroll Outsourcing Services Market Size by Type (2019-2024)
5.3 Americas Payroll Outsourcing Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Payroll Outsourcing Services Market Size by Region (2019-2024)
6.2 APAC Payroll Outsourcing Services Market Size by Type (2019-2024)
6.3 APAC Payroll Outsourcing Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Payroll Outsourcing Services by Country (2019-2024)
7.2 Europe Payroll Outsourcing Services Market Size by Type (2019-2024)
7.3 Europe Payroll Outsourcing Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Payroll Outsourcing Services by Region (2019-2024)
8.2 Middle East & Africa Payroll Outsourcing Services Market Size by Type (2019-2024)
8.3 Middle East & Africa Payroll Outsourcing Services Market Size by Application (2019-2024)
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 Payroll Outsourcing Services Market Forecast
10.1 Global Payroll Outsourcing Services Forecast by Regions (2025-2030)
10.1.1 Global Payroll Outsourcing Services Forecast by Regions (2025-2030)
10.1.2 Americas Payroll Outsourcing Services Forecast
10.1.3 APAC Payroll Outsourcing Services Forecast
10.1.4 Europe Payroll Outsourcing Services Forecast
10.1.5 Middle East & Africa Payroll Outsourcing Services Forecast
10.2 Americas Payroll Outsourcing Services Forecast by Country (2025-2030)
10.2.1 United States Payroll Outsourcing Services Market Forecast
10.2.2 Canada Payroll Outsourcing Services Market Forecast
10.2.3 Mexico Payroll Outsourcing Services Market Forecast
10.2.4 Brazil Payroll Outsourcing Services Market Forecast
10.3 APAC Payroll Outsourcing Services Forecast by Region (2025-2030)
10.3.1 China Payroll Outsourcing Services Market Forecast
10.3.2 Japan Payroll Outsourcing Services Market Forecast
10.3.3 Korea Payroll Outsourcing Services Market Forecast
10.3.4 Southeast Asia Payroll Outsourcing Services Market Forecast
10.3.5 India Payroll Outsourcing Services Market Forecast
10.3.6 Australia Payroll Outsourcing Services Market Forecast
10.4 Europe Payroll Outsourcing Services Forecast by Country (2025-2030)
10.4.1 Germany Payroll Outsourcing Services Market Forecast
10.4.2 France Payroll Outsourcing Services Market Forecast
10.4.3 UK Payroll Outsourcing Services Market Forecast
10.4.4 Italy Payroll Outsourcing Services Market Forecast
10.4.5 Russia Payroll Outsourcing Services Market Forecast
10.5 Middle East & Africa Payroll Outsourcing Services Forecast by Region (2025-2030)
10.5.1 Egypt Payroll Outsourcing Services Market Forecast
10.5.2 South Africa Payroll Outsourcing Services Market Forecast
10.5.3 Israel Payroll Outsourcing Services Market Forecast
10.5.4 Turkey Payroll Outsourcing Services Market Forecast
10.5.5 GCC Countries Payroll Outsourcing Services Market Forecast
10.6 Global Payroll Outsourcing Services Forecast by Type (2025-2030)
10.7 Global Payroll Outsourcing Services Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 ADP
11.1.1 ADP Company Information
11.1.2 ADP Payroll Outsourcing Services Product Offered
11.1.3 ADP Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 ADP Main Business Overview
11.1.5 ADP Latest Developments
11.2 Intuit
11.2.1 Intuit Company Information
11.2.2 Intuit Payroll Outsourcing Services Product Offered
11.2.3 Intuit Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Intuit Main Business Overview
11.2.5 Intuit Latest Developments
11.3 TriNet
11.3.1 TriNet Company Information
11.3.2 TriNet Payroll Outsourcing Services Product Offered
11.3.3 TriNet Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 TriNet Main Business Overview
11.3.5 TriNet Latest Developments
11.4 Alight Solutions
11.4.1 Alight Solutions Company Information
11.4.2 Alight Solutions Payroll Outsourcing Services Product Offered
11.4.3 Alight Solutions Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Alight Solutions Main Business Overview
11.4.5 Alight Solutions Latest Developments
11.5 Deloitte
11.5.1 Deloitte Company Information
11.5.2 Deloitte Payroll Outsourcing Services Product Offered
11.5.3 Deloitte Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Deloitte Main Business Overview
11.5.5 Deloitte Latest Developments
11.6 KPMG
11.6.1 KPMG Company Information
11.6.2 KPMG Payroll Outsourcing Services Product Offered
11.6.3 KPMG Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 KPMG Main Business Overview
11.6.5 KPMG Latest Developments
11.7 Paychex
11.7.1 Paychex Company Information
11.7.2 Paychex Payroll Outsourcing Services Product Offered
11.7.3 Paychex Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Paychex Main Business Overview
11.7.5 Paychex Latest Developments
11.8 Infosys
11.8.1 Infosys Company Information
11.8.2 Infosys Payroll Outsourcing Services Product Offered
11.8.3 Infosys Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Infosys Main Business Overview
11.8.5 Infosys Latest Developments
11.9 BDO
11.9.1 BDO Company Information
11.9.2 BDO Payroll Outsourcing Services Product Offered
11.9.3 BDO Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 BDO Main Business Overview
11.9.5 BDO Latest Developments
11.10 Ceridian
11.10.1 Ceridian Company Information
11.10.2 Ceridian Payroll Outsourcing Services Product Offered
11.10.3 Ceridian Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Ceridian Main Business Overview
11.10.5 Ceridian Latest Developments
11.11 TMF Group
11.11.1 TMF Group Company Information
11.11.2 TMF Group Payroll Outsourcing Services Product Offered
11.11.3 TMF Group Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 TMF Group Main Business Overview
11.11.5 TMF Group Latest Developments
11.12 Immedis
11.12.1 Immedis Company Information
11.12.2 Immedis Payroll Outsourcing Services Product Offered
11.12.3 Immedis Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Immedis Main Business Overview
11.12.5 Immedis Latest Developments
11.13 Neeyamo
11.13.1 Neeyamo Company Information
11.13.2 Neeyamo Payroll Outsourcing Services Product Offered
11.13.3 Neeyamo Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Neeyamo Main Business Overview
11.13.5 Neeyamo Latest Developments
11.14 CloudPay
11.14.1 CloudPay Company Information
11.14.2 CloudPay Payroll Outsourcing Services Product Offered
11.14.3 CloudPay Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 CloudPay Main Business Overview
11.14.5 CloudPay Latest Developments
11.15 Aurion
11.15.1 Aurion Company Information
11.15.2 Aurion Payroll Outsourcing Services Product Offered
11.15.3 Aurion Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Aurion Main Business Overview
11.15.5 Aurion Latest Developments
11.16 Activpayroll
11.16.1 Activpayroll Company Information
11.16.2 Activpayroll Payroll Outsourcing Services Product Offered
11.16.3 Activpayroll Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Activpayroll Main Business Overview
11.16.5 Activpayroll Latest Developments
11.17 Zalaris
11.17.1 Zalaris Company Information
11.17.2 Zalaris Payroll Outsourcing Services Product Offered
11.17.3 Zalaris Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Zalaris Main Business Overview
11.17.5 Zalaris Latest Developments
11.18 i-Admin
11.18.1 i-Admin Company Information
11.18.2 i-Admin Payroll Outsourcing Services Product Offered
11.18.3 i-Admin Payroll Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 i-Admin Main Business Overview
11.18.5 i-Admin Latest Developments
12 Research Findings and Conclusion
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*If Applicable.