The global market for Cloud Payroll Software was valued at US$ 635 million in the year 2024 and is projected to reach a revised size of US$ 1019 million by 2031, growing at a CAGR of 7.1% during the forecast period.
The Cloud Payroll Software market has emerged as a transformative force within the realm of human resources and payroll management. Leveraging the power of cloud technology, this market offers organizations a modern and flexible approach to efficiently manage their payroll processes. Cloud-based payroll software enables businesses to streamline payroll administration, accurately calculate salaries, taxes, and deductions, and ensure compliance with ever-changing regulations. This market"s growth is driven by the increasing demand for scalable and cost-effective solutions that allow businesses of all sizes to offload the complexities of payroll management, from small startups to large enterprises with geographically dispersed workforces.
The convenience of anytime, anywhere access to payroll data and the ability to automate time-consuming tasks contribute to the market"s appeal. Cloud payroll software not only offers efficient payroll processing but also provides robust reporting and analytics tools, allowing organizations to derive valuable insights from their payroll data.
Security and data privacy have been paramount concerns in the cloud payroll software market. Leading vendors have responded by implementing stringent security measures and compliance protocols, instilling confidence in businesses to entrust their sensitive payroll information to cloud-based platforms.
Additionally, the market"s growth is catalyzed by the rise of remote work and the need for seamless, remote-friendly solutions. The scalability of cloud payroll software makes it well-suited for organizations with changing workforce dynamics and rapid expansion.
Looking forward, the cloud payroll software market is poised for continued innovation. The integration of artificial intelligence and machine learning technologies is anticipated to enhance automation, accuracy, and predictive analytics within payroll processes. As businesses increasingly recognize the benefits of outsourcing payroll management to cloud-based solutions, the market is expected to expand further, transforming the way organizations handle payroll operations while delivering efficiency, compliance, and ease of use.
This report aims to provide a comprehensive presentation of the global market for Cloud Payroll Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Payroll Software.
The Cloud Payroll Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cloud Payroll Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cloud Payroll Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Intercorp
Infor
Roubler
Oracle
Zoho
Ascentis
Moorepay
KashFlow(IRIS)
Ceridian Dayforce
myPay
Sage
Advanced
CloudPayroll
UZIO Technology
Intuit
Gusto
OnPay
Rippling
Trolley
Xero
Patriot
Paycor
Toast
Wave Financial
ADP
Justworks
EPAY Systems
Razorpay
MYOB
Ramco
KeyPay(Webscale)
Parolla
FreshPay
ELMO
QNE
Info-Tech
Talenox
BrioHR
HReasily
Payroll Panda
Swingvy
altHR
Segment by Type
Mobile Terminal
PC Terminal
Segment by Application
Retail
Manufacturing
Financial Services
Professional Services
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cloud Payroll Software company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Cloud Payroll Software Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Mobile Terminal
1.2.3 PC Terminal
1.3 Market by Application
1.3.1 Global Cloud Payroll Software Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Retail
1.3.3 Manufacturing
1.3.4 Financial Services
1.3.5 Professional Services
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cloud Payroll Software Market Perspective (2020-2031)
2.2 Global Cloud Payroll Software Growth Trends by Region
2.2.1 Global Cloud Payroll Software Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Cloud Payroll Software Historic Market Size by Region (2020-2025)
2.2.3 Cloud Payroll Software Forecasted Market Size by Region (2026-2031)
2.3 Cloud Payroll Software Market Dynamics
2.3.1 Cloud Payroll Software Industry Trends
2.3.2 Cloud Payroll Software Market Drivers
2.3.3 Cloud Payroll Software Market Challenges
2.3.4 Cloud Payroll Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Cloud Payroll Software Players by Revenue
3.1.1 Global Top Cloud Payroll Software Players by Revenue (2020-2025)
3.1.2 Global Cloud Payroll Software Revenue Market Share by Players (2020-2025)
3.2 Global Cloud Payroll Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Cloud Payroll Software Revenue
3.4 Global Cloud Payroll Software Market Concentration Ratio
3.4.1 Global Cloud Payroll Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cloud Payroll Software Revenue in 2024
3.5 Global Key Players of Cloud Payroll Software Head office and Area Served
3.6 Global Key Players of Cloud Payroll Software, Product and Application
3.7 Global Key Players of Cloud Payroll Software, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Cloud Payroll Software Breakdown Data by Type
4.1 Global Cloud Payroll Software Historic Market Size by Type (2020-2025)
4.2 Global Cloud Payroll Software Forecasted Market Size by Type (2026-2031)
5 Cloud Payroll Software Breakdown Data by Application
5.1 Global Cloud Payroll Software Historic Market Size by Application (2020-2025)
5.2 Global Cloud Payroll Software Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Cloud Payroll Software Market Size (2020-2031)
6.2 North America Cloud Payroll Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Cloud Payroll Software Market Size by Country (2020-2025)
6.4 North America Cloud Payroll Software Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Cloud Payroll Software Market Size (2020-2031)
7.2 Europe Cloud Payroll Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Cloud Payroll Software Market Size by Country (2020-2025)
7.4 Europe Cloud Payroll Software Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Cloud Payroll Software Market Size (2020-2031)
8.2 Asia-Pacific Cloud Payroll Software Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Cloud Payroll Software Market Size by Region (2020-2025)
8.4 Asia-Pacific Cloud Payroll Software Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Cloud Payroll Software Market Size (2020-2031)
9.2 Latin America Cloud Payroll Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Cloud Payroll Software Market Size by Country (2020-2025)
9.4 Latin America Cloud Payroll Software Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Cloud Payroll Software Market Size (2020-2031)
10.2 Middle East & Africa Cloud Payroll Software Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Cloud Payroll Software Market Size by Country (2020-2025)
10.4 Middle East & Africa Cloud Payroll Software Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Intercorp
11.1.1 Intercorp Company Details
11.1.2 Intercorp Business Overview
11.1.3 Intercorp Cloud Payroll Software Introduction
11.1.4 Intercorp Revenue in Cloud Payroll Software Business (2020-2025)
11.1.5 Intercorp Recent Development
11.2 Infor
11.2.1 Infor Company Details
11.2.2 Infor Business Overview
11.2.3 Infor Cloud Payroll Software Introduction
11.2.4 Infor Revenue in Cloud Payroll Software Business (2020-2025)
11.2.5 Infor Recent Development
11.3 Roubler
11.3.1 Roubler Company Details
11.3.2 Roubler Business Overview
11.3.3 Roubler Cloud Payroll Software Introduction
11.3.4 Roubler Revenue in Cloud Payroll Software Business (2020-2025)
11.3.5 Roubler Recent Development
11.4 Oracle
11.4.1 Oracle Company Details
11.4.2 Oracle Business Overview
11.4.3 Oracle Cloud Payroll Software Introduction
11.4.4 Oracle Revenue in Cloud Payroll Software Business (2020-2025)
11.4.5 Oracle Recent Development
11.5 Zoho
11.5.1 Zoho Company Details
11.5.2 Zoho Business Overview
11.5.3 Zoho Cloud Payroll Software Introduction
11.5.4 Zoho Revenue in Cloud Payroll Software Business (2020-2025)
11.5.5 Zoho Recent Development
11.6 Ascentis
11.6.1 Ascentis Company Details
11.6.2 Ascentis Business Overview
11.6.3 Ascentis Cloud Payroll Software Introduction
11.6.4 Ascentis Revenue in Cloud Payroll Software Business (2020-2025)
11.6.5 Ascentis Recent Development
11.7 Moorepay
11.7.1 Moorepay Company Details
11.7.2 Moorepay Business Overview
11.7.3 Moorepay Cloud Payroll Software Introduction
11.7.4 Moorepay Revenue in Cloud Payroll Software Business (2020-2025)
11.7.5 Moorepay Recent Development
11.8 KashFlow(IRIS)
11.8.1 KashFlow(IRIS) Company Details
11.8.2 KashFlow(IRIS) Business Overview
11.8.3 KashFlow(IRIS) Cloud Payroll Software Introduction
11.8.4 KashFlow(IRIS) Revenue in Cloud Payroll Software Business (2020-2025)
11.8.5 KashFlow(IRIS) Recent Development
11.9 Ceridian Dayforce
11.9.1 Ceridian Dayforce Company Details
11.9.2 Ceridian Dayforce Business Overview
11.9.3 Ceridian Dayforce Cloud Payroll Software Introduction
11.9.4 Ceridian Dayforce Revenue in Cloud Payroll Software Business (2020-2025)
11.9.5 Ceridian Dayforce Recent Development
11.10 myPay
11.10.1 myPay Company Details
11.10.2 myPay Business Overview
11.10.3 myPay Cloud Payroll Software Introduction
11.10.4 myPay Revenue in Cloud Payroll Software Business (2020-2025)
11.10.5 myPay Recent Development
11.11 Sage
11.11.1 Sage Company Details
11.11.2 Sage Business Overview
11.11.3 Sage Cloud Payroll Software Introduction
11.11.4 Sage Revenue in Cloud Payroll Software Business (2020-2025)
11.11.5 Sage Recent Development
11.12 Advanced
11.12.1 Advanced Company Details
11.12.2 Advanced Business Overview
11.12.3 Advanced Cloud Payroll Software Introduction
11.12.4 Advanced Revenue in Cloud Payroll Software Business (2020-2025)
11.12.5 Advanced Recent Development
11.13 CloudPayroll
11.13.1 CloudPayroll Company Details
11.13.2 CloudPayroll Business Overview
11.13.3 CloudPayroll Cloud Payroll Software Introduction
11.13.4 CloudPayroll Revenue in Cloud Payroll Software Business (2020-2025)
11.13.5 CloudPayroll Recent Development
11.14 UZIO Technology
11.14.1 UZIO Technology Company Details
11.14.2 UZIO Technology Business Overview
11.14.3 UZIO Technology Cloud Payroll Software Introduction
11.14.4 UZIO Technology Revenue in Cloud Payroll Software Business (2020-2025)
11.14.5 UZIO Technology Recent Development
11.15 Intuit
11.15.1 Intuit Company Details
11.15.2 Intuit Business Overview
11.15.3 Intuit Cloud Payroll Software Introduction
11.15.4 Intuit Revenue in Cloud Payroll Software Business (2020-2025)
11.15.5 Intuit Recent Development
11.16 Gusto
11.16.1 Gusto Company Details
11.16.2 Gusto Business Overview
11.16.3 Gusto Cloud Payroll Software Introduction
11.16.4 Gusto Revenue in Cloud Payroll Software Business (2020-2025)
11.16.5 Gusto Recent Development
11.17 OnPay
11.17.1 OnPay Company Details
11.17.2 OnPay Business Overview
11.17.3 OnPay Cloud Payroll Software Introduction
11.17.4 OnPay Revenue in Cloud Payroll Software Business (2020-2025)
11.17.5 OnPay Recent Development
11.18 Rippling
11.18.1 Rippling Company Details
11.18.2 Rippling Business Overview
11.18.3 Rippling Cloud Payroll Software Introduction
11.18.4 Rippling Revenue in Cloud Payroll Software Business (2020-2025)
11.18.5 Rippling Recent Development
11.19 Trolley
11.19.1 Trolley Company Details
11.19.2 Trolley Business Overview
11.19.3 Trolley Cloud Payroll Software Introduction
11.19.4 Trolley Revenue in Cloud Payroll Software Business (2020-2025)
11.19.5 Trolley Recent Development
11.20 Xero
11.20.1 Xero Company Details
11.20.2 Xero Business Overview
11.20.3 Xero Cloud Payroll Software Introduction
11.20.4 Xero Revenue in Cloud Payroll Software Business (2020-2025)
11.20.5 Xero Recent Development
11.21 Patriot
11.21.1 Patriot Company Details
11.21.2 Patriot Business Overview
11.21.3 Patriot Cloud Payroll Software Introduction
11.21.4 Patriot Revenue in Cloud Payroll Software Business (2020-2025)
11.21.5 Patriot Recent Development
11.22 Paycor
11.22.1 Paycor Company Details
11.22.2 Paycor Business Overview
11.22.3 Paycor Cloud Payroll Software Introduction
11.22.4 Paycor Revenue in Cloud Payroll Software Business (2020-2025)
11.22.5 Paycor Recent Development
11.23 Toast
11.23.1 Toast Company Details
11.23.2 Toast Business Overview
11.23.3 Toast Cloud Payroll Software Introduction
11.23.4 Toast Revenue in Cloud Payroll Software Business (2020-2025)
11.23.5 Toast Recent Development
11.24 Wave Financial
11.24.1 Wave Financial Company Details
11.24.2 Wave Financial Business Overview
11.24.3 Wave Financial Cloud Payroll Software Introduction
11.24.4 Wave Financial Revenue in Cloud Payroll Software Business (2020-2025)
11.24.5 Wave Financial Recent Development
11.25 ADP
11.25.1 ADP Company Details
11.25.2 ADP Business Overview
11.25.3 ADP Cloud Payroll Software Introduction
11.25.4 ADP Revenue in Cloud Payroll Software Business (2020-2025)
11.25.5 ADP Recent Development
11.26 Justworks
11.26.1 Justworks Company Details
11.26.2 Justworks Business Overview
11.26.3 Justworks Cloud Payroll Software Introduction
11.26.4 Justworks Revenue in Cloud Payroll Software Business (2020-2025)
11.26.5 Justworks Recent Development
11.27 EPAY Systems
11.27.1 EPAY Systems Company Details
11.27.2 EPAY Systems Business Overview
11.27.3 EPAY Systems Cloud Payroll Software Introduction
11.27.4 EPAY Systems Revenue in Cloud Payroll Software Business (2020-2025)
11.27.5 EPAY Systems Recent Development
11.28 Razorpay
11.28.1 Razorpay Company Details
11.28.2 Razorpay Business Overview
11.28.3 Razorpay Cloud Payroll Software Introduction
11.28.4 Razorpay Revenue in Cloud Payroll Software Business (2020-2025)
11.28.5 Razorpay Recent Development
11.29 MYOB
11.29.1 MYOB Company Details
11.29.2 MYOB Business Overview
11.29.3 MYOB Cloud Payroll Software Introduction
11.29.4 MYOB Revenue in Cloud Payroll Software Business (2020-2025)
11.29.5 MYOB Recent Development
11.30 Ramco
11.30.1 Ramco Company Details
11.30.2 Ramco Business Overview
11.30.3 Ramco Cloud Payroll Software Introduction
11.30.4 Ramco Revenue in Cloud Payroll Software Business (2020-2025)
11.30.5 Ramco Recent Development
11.31 KeyPay(Webscale)
11.31.1 KeyPay(Webscale) Company Details
11.31.2 KeyPay(Webscale) Business Overview
11.31.3 KeyPay(Webscale) Cloud Payroll Software Introduction
11.31.4 KeyPay(Webscale) Revenue in Cloud Payroll Software Business (2020-2025)
11.31.5 KeyPay(Webscale) Recent Development
11.32 Parolla
11.32.1 Parolla Company Details
11.32.2 Parolla Business Overview
11.32.3 Parolla Cloud Payroll Software Introduction
11.32.4 Parolla Revenue in Cloud Payroll Software Business (2020-2025)
11.32.5 Parolla Recent Development
11.33 FreshPay
11.33.1 FreshPay Company Details
11.33.2 FreshPay Business Overview
11.33.3 FreshPay Cloud Payroll Software Introduction
11.33.4 FreshPay Revenue in Cloud Payroll Software Business (2020-2025)
11.33.5 FreshPay Recent Development
11.34 ELMO
11.34.1 ELMO Company Details
11.34.2 ELMO Business Overview
11.34.3 ELMO Cloud Payroll Software Introduction
11.34.4 ELMO Revenue in Cloud Payroll Software Business (2020-2025)
11.34.5 ELMO Recent Development
11.35 QNE
11.35.1 QNE Company Details
11.35.2 QNE Business Overview
11.35.3 QNE Cloud Payroll Software Introduction
11.35.4 QNE Revenue in Cloud Payroll Software Business (2020-2025)
11.35.5 QNE Recent Development
11.36 Info-Tech
11.36.1 Info-Tech Company Details
11.36.2 Info-Tech Business Overview
11.36.3 Info-Tech Cloud Payroll Software Introduction
11.36.4 Info-Tech Revenue in Cloud Payroll Software Business (2020-2025)
11.36.5 Info-Tech Recent Development
11.37 Talenox
11.37.1 Talenox Company Details
11.37.2 Talenox Business Overview
11.37.3 Talenox Cloud Payroll Software Introduction
11.37.4 Talenox Revenue in Cloud Payroll Software Business (2020-2025)
11.37.5 Talenox Recent Development
11.38 BrioHR
11.38.1 BrioHR Company Details
11.38.2 BrioHR Business Overview
11.38.3 BrioHR Cloud Payroll Software Introduction
11.38.4 BrioHR Revenue in Cloud Payroll Software Business (2020-2025)
11.38.5 BrioHR Recent Development
11.39 HReasily
11.39.1 HReasily Company Details
11.39.2 HReasily Business Overview
11.39.3 HReasily Cloud Payroll Software Introduction
11.39.4 HReasily Revenue in Cloud Payroll Software Business (2020-2025)
11.39.5 HReasily Recent Development
11.40 Payroll Panda
11.40.1 Payroll Panda Company Details
11.40.2 Payroll Panda Business Overview
11.40.3 Payroll Panda Cloud Payroll Software Introduction
11.40.4 Payroll Panda Revenue in Cloud Payroll Software Business (2020-2025)
11.40.5 Payroll Panda Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Intercorp
Infor
Roubler
Oracle
Zoho
Ascentis
Moorepay
KashFlow(IRIS)
Ceridian Dayforce
myPay
Sage
Advanced
CloudPayroll
UZIO Technology
Intuit
Gusto
OnPay
Rippling
Trolley
Xero
Patriot
Paycor
Toast
Wave Financial
ADP
Justworks
EPAY Systems
Razorpay
MYOB
Ramco
KeyPay(Webscale)
Parolla
FreshPay
ELMO
QNE
Info-Tech
Talenox
BrioHR
HReasily
Payroll Panda
Swingvy
altHR
听
听
*If Applicable.
