Payroll Services Comprehensive Study by Application (BFSI, Government, Healthcare, Retail, Telecom and IT, Transportation and logistics, Others), Standalone software solutions (Payroll and Compensation Management, Time and Attendance Management, Compliance Management, Workforce Management, Claims Administration, Employee Benefits Management, Hire Management, Others (Tax Management, Report Generation, etc.)), Enterprise size (Small & Medium enterprises, Large enterprises), Solutions (Software, Service), Deployment model (Cloud-based, On-premise) Players and Region - Global Market Outlook to 2026

Payroll Services Market by XX Submarkets | Forecast Years 2022-2027  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Industry Background:
Payroll is refer as the service where the total sum of all compensation must pay to the employees by a business for a certain set period of time or on a given date. It is normally managed by an accounting or department of human resources of a business, payrolls of small-business may be handled directly by the associate or an owner. Processing payroll services is a very important function of any business and necessitates an understanding of current regulations, detailed tax knowledge to ensure proper withholding and filing, and a highly organised system that can be relied upon to pay each employee the right amount of money. For many organisations, using payroll systems or outsourcing payroll can help to mitigate stress and minimise
This growth is primarily driven by Rising adoption of cloud technologies such as SaaS technology in enterprises and Need for an efficient management system further boosts the demand for payroll services.

Globally, a noticeable market trend is evident Emergence of mobile technologies have led to the high adoption of payroll. The Financials sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Automatic Data Processing, Inc. (ADP) (United States), SAP SE (Germany), Sage Group plc. (United Kingdom), Paychex, Inc. (United States), Ramco Systems Limited (India), TMF Group Holding B.V. (Netherland), Kronos Incorporated (United States), Paycor, Inc. (United States), Paycom Software, Inc. (United States), Paylocity Corporation (United States) and Ultimate Software Group (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

Key Developments in the Market:
TMF Group acquired Swain & Associates Inc., service provider of HR & payroll and accounting & tax, based in Toronto, Canada
TMF Group has robust ISO27001, SOC1-ISAE3402 and business continuity measures controls to mitigate risks in there processes

Market Drivers
  • Rising adoption of cloud technologies such as SaaS technology in enterprises
  • Need for an efficient management system further boosts the demand for payroll services

Market Trend
  • Emergence of mobile technologies have led to the high adoption of payroll

Restraints
  • Security threats related to payroll services
  • Low skilled professional included in the offering of services

Opportunities
Rising popularity of the software and the growing awareness among enterprises regarding the benefits of implementation of payroll software is driving the market growth
Challenges
Lack of flexibility in offering of services

AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.

Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis

Against this Challenging Backdrop, Payroll Services Study Sheds Light on
— The Payroll Services Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Payroll Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Payroll Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.

Report Objectives / Segmentation Covered

By Application
  • BFSI
  • Government
  • Healthcare
  • Retail
  • Telecom and IT
  • Transportation and logistics
  • Others
By Standalone software solutions
  • Payroll and Compensation Management
  • Time and Attendance Management
  • Compliance Management
  • Workforce Management
  • Claims Administration
  • Employee Benefits Management
  • Hire Management
  • Others (Tax Management, Report Generation, etc.)

By Enterprise size
  • Small & Medium enterprises
  • Large enterprises

By Solutions
  • Software
  • Service

By Deployment model
  • Cloud-based
  • On-premise

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rising adoption of cloud technologies such as SaaS technology in enterprises
      • 3.2.2. Need for an efficient management system further boosts the demand for payroll services
    • 3.3. Market Challenges
      • 3.3.1. Lack of flexibility in offering of services
    • 3.4. Market Trends
      • 3.4.1. Emergence of mobile technologies have led to the high adoption of payroll
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Payroll Services, by Application, Standalone software solutions, Enterprise size, Solutions, Deployment model and Region (value) (2015-2020)
    • 5.1. Introduction
    • 5.2. Global Payroll Services (Value)
      • 5.2.1. Global Payroll Services by: Application (Value)
        • 5.2.1.1. BFSI
        • 5.2.1.2. Government
        • 5.2.1.3. Healthcare
        • 5.2.1.4. Retail
        • 5.2.1.5. Telecom and IT
        • 5.2.1.6. Transportation and logistics
        • 5.2.1.7. Others
      • 5.2.2. Global Payroll Services by: Standalone software solutions (Value)
        • 5.2.2.1. Payroll and Compensation Management
        • 5.2.2.2. Time and Attendance Management
        • 5.2.2.3. Compliance Management
        • 5.2.2.4. Workforce Management
        • 5.2.2.5. Claims Administration
        • 5.2.2.6. Employee Benefits Management
        • 5.2.2.7. Hire Management
        • 5.2.2.8. Others (Tax Management, Report Generation, etc.)
      • 5.2.3. Global Payroll Services by: Enterprise size (Value)
        • 5.2.3.1. Small & Medium enterprises
        • 5.2.3.2. Large enterprises
      • 5.2.4. Global Payroll Services by: Solutions (Value)
        • 5.2.4.1. Software
        • 5.2.4.2. Service
      • 5.2.5. Global Payroll Services by: Deployment model (Value)
        • 5.2.5.1. Cloud-based
        • 5.2.5.2. On-premise
      • 5.2.6. Global Payroll Services Region
        • 5.2.6.1. South America
          • 5.2.6.1.1. Brazil
          • 5.2.6.1.2. Argentina
          • 5.2.6.1.3. Rest of South America
        • 5.2.6.2. Asia Pacific
          • 5.2.6.2.1. China
          • 5.2.6.2.2. Japan
          • 5.2.6.2.3. India
          • 5.2.6.2.4. South Korea
          • 5.2.6.2.5. Taiwan
          • 5.2.6.2.6. Australia
          • 5.2.6.2.7. Rest of Asia-Pacific
        • 5.2.6.3. Europe
          • 5.2.6.3.1. Germany
          • 5.2.6.3.2. France
          • 5.2.6.3.3. Italy
          • 5.2.6.3.4. United Kingdom
          • 5.2.6.3.5. Netherlands
          • 5.2.6.3.6. Rest of Europe
        • 5.2.6.4. MEA
          • 5.2.6.4.1. Middle East
          • 5.2.6.4.2. Africa
        • 5.2.6.5. North America
          • 5.2.6.5.1. United States
          • 5.2.6.5.2. Canada
          • 5.2.6.5.3. Mexico
  • 6. Payroll Services: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2020)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Automatic Data Processing, Inc. (ADP) (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. SAP SE (Germany)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Sage Group plc. (United Kingdom)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Paychex, Inc. (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Ramco Systems Limited (India)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. TMF Group Holding B.V. (Netherland)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Kronos Incorporated (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Paycor, Inc. (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Paycom Software, Inc. (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Paylocity Corporation (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
      • 6.4.11. Ultimate Software Group (United States)
        • 6.4.11.1. Business Overview
        • 6.4.11.2. Products/Services Offerings
        • 6.4.11.3. Financial Analysis
        • 6.4.11.4. SWOT Analysis
  • 7. Global Payroll Services Sale, by Application, Standalone software solutions, Enterprise size, Solutions, Deployment model and Region (value) (2021-2026)
    • 7.1. Introduction
    • 7.2. Global Payroll Services (Value)
      • 7.2.1. Global Payroll Services by: Application (Value)
        • 7.2.1.1. BFSI
        • 7.2.1.2. Government
        • 7.2.1.3. Healthcare
        • 7.2.1.4. Retail
        • 7.2.1.5. Telecom and IT
        • 7.2.1.6. Transportation and logistics
        • 7.2.1.7. Others
      • 7.2.2. Global Payroll Services by: Standalone software solutions (Value)
        • 7.2.2.1. Payroll and Compensation Management
        • 7.2.2.2. Time and Attendance Management
        • 7.2.2.3. Compliance Management
        • 7.2.2.4. Workforce Management
        • 7.2.2.5. Claims Administration
        • 7.2.2.6. Employee Benefits Management
        • 7.2.2.7. Hire Management
        • 7.2.2.8. Others (Tax Management, Report Generation, etc.)
      • 7.2.3. Global Payroll Services by: Enterprise size (Value)
        • 7.2.3.1. Small & Medium enterprises
        • 7.2.3.2. Large enterprises
      • 7.2.4. Global Payroll Services by: Solutions (Value)
        • 7.2.4.1. Software
        • 7.2.4.2. Service
      • 7.2.5. Global Payroll Services by: Deployment model (Value)
        • 7.2.5.1. Cloud-based
        • 7.2.5.2. On-premise
      • 7.2.6. Global Payroll Services Region
        • 7.2.6.1. South America
          • 7.2.6.1.1. Brazil
          • 7.2.6.1.2. Argentina
          • 7.2.6.1.3. Rest of South America
        • 7.2.6.2. Asia Pacific
          • 7.2.6.2.1. China
          • 7.2.6.2.2. Japan
          • 7.2.6.2.3. India
          • 7.2.6.2.4. South Korea
          • 7.2.6.2.5. Taiwan
          • 7.2.6.2.6. Australia
          • 7.2.6.2.7. Rest of Asia-Pacific
        • 7.2.6.3. Europe
          • 7.2.6.3.1. Germany
          • 7.2.6.3.2. France
          • 7.2.6.3.3. Italy
          • 7.2.6.3.4. United Kingdom
          • 7.2.6.3.5. Netherlands
          • 7.2.6.3.6. Rest of Europe
        • 7.2.6.4. MEA
          • 7.2.6.4.1. Middle East
          • 7.2.6.4.2. Africa
        • 7.2.6.5. North America
          • 7.2.6.5.1. United States
          • 7.2.6.5.2. Canada
          • 7.2.6.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Payroll Services: by Application(USD Million)
  • Table 2. Payroll Services BFSI , by Region USD Million (2015-2020)
  • Table 3. Payroll Services Government , by Region USD Million (2015-2020)
  • Table 4. Payroll Services Healthcare , by Region USD Million (2015-2020)
  • Table 5. Payroll Services Retail , by Region USD Million (2015-2020)
  • Table 6. Payroll Services Telecom and IT , by Region USD Million (2015-2020)
  • Table 7. Payroll Services Transportation and logistics , by Region USD Million (2015-2020)
  • Table 8. Payroll Services Others , by Region USD Million (2015-2020)
  • Table 9. Payroll Services: by Standalone software solutions(USD Million)
  • Table 10. Payroll Services Payroll and Compensation Management , by Region USD Million (2015-2020)
  • Table 11. Payroll Services Time and Attendance Management , by Region USD Million (2015-2020)
  • Table 12. Payroll Services Compliance Management , by Region USD Million (2015-2020)
  • Table 13. Payroll Services Workforce Management , by Region USD Million (2015-2020)
  • Table 14. Payroll Services Claims Administration , by Region USD Million (2015-2020)
  • Table 15. Payroll Services Employee Benefits Management , by Region USD Million (2015-2020)
  • Table 16. Payroll Services Hire Management , by Region USD Million (2015-2020)
  • Table 17. Payroll Services Others (Tax Management, Report Generation, etc.) , by Region USD Million (2015-2020)
  • Table 18. Payroll Services: by Enterprise size(USD Million)
  • Table 19. Payroll Services Small & Medium enterprises , by Region USD Million (2015-2020)
  • Table 20. Payroll Services Large enterprises , by Region USD Million (2015-2020)
  • Table 21. Payroll Services: by Solutions(USD Million)
  • Table 22. Payroll Services Software , by Region USD Million (2015-2020)
  • Table 23. Payroll Services Service , by Region USD Million (2015-2020)
  • Table 24. Payroll Services: by Deployment model(USD Million)
  • Table 25. Payroll Services Cloud-based , by Region USD Million (2015-2020)
  • Table 26. Payroll Services On-premise , by Region USD Million (2015-2020)
  • Table 27. South America Payroll Services, by Country USD Million (2015-2020)
  • Table 28. South America Payroll Services, by Application USD Million (2015-2020)
  • Table 29. South America Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 30. South America Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 31. South America Payroll Services, by Solutions USD Million (2015-2020)
  • Table 32. South America Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 33. Brazil Payroll Services, by Application USD Million (2015-2020)
  • Table 34. Brazil Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 35. Brazil Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 36. Brazil Payroll Services, by Solutions USD Million (2015-2020)
  • Table 37. Brazil Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 38. Argentina Payroll Services, by Application USD Million (2015-2020)
  • Table 39. Argentina Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 40. Argentina Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 41. Argentina Payroll Services, by Solutions USD Million (2015-2020)
  • Table 42. Argentina Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 43. Rest of South America Payroll Services, by Application USD Million (2015-2020)
  • Table 44. Rest of South America Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 45. Rest of South America Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 46. Rest of South America Payroll Services, by Solutions USD Million (2015-2020)
  • Table 47. Rest of South America Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 48. Asia Pacific Payroll Services, by Country USD Million (2015-2020)
  • Table 49. Asia Pacific Payroll Services, by Application USD Million (2015-2020)
  • Table 50. Asia Pacific Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 51. Asia Pacific Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 52. Asia Pacific Payroll Services, by Solutions USD Million (2015-2020)
  • Table 53. Asia Pacific Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 54. China Payroll Services, by Application USD Million (2015-2020)
  • Table 55. China Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 56. China Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 57. China Payroll Services, by Solutions USD Million (2015-2020)
  • Table 58. China Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 59. Japan Payroll Services, by Application USD Million (2015-2020)
  • Table 60. Japan Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 61. Japan Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 62. Japan Payroll Services, by Solutions USD Million (2015-2020)
  • Table 63. Japan Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 64. India Payroll Services, by Application USD Million (2015-2020)
  • Table 65. India Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 66. India Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 67. India Payroll Services, by Solutions USD Million (2015-2020)
  • Table 68. India Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 69. South Korea Payroll Services, by Application USD Million (2015-2020)
  • Table 70. South Korea Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 71. South Korea Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 72. South Korea Payroll Services, by Solutions USD Million (2015-2020)
  • Table 73. South Korea Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 74. Taiwan Payroll Services, by Application USD Million (2015-2020)
  • Table 75. Taiwan Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 76. Taiwan Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 77. Taiwan Payroll Services, by Solutions USD Million (2015-2020)
  • Table 78. Taiwan Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 79. Australia Payroll Services, by Application USD Million (2015-2020)
  • Table 80. Australia Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 81. Australia Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 82. Australia Payroll Services, by Solutions USD Million (2015-2020)
  • Table 83. Australia Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 84. Rest of Asia-Pacific Payroll Services, by Application USD Million (2015-2020)
  • Table 85. Rest of Asia-Pacific Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 86. Rest of Asia-Pacific Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 87. Rest of Asia-Pacific Payroll Services, by Solutions USD Million (2015-2020)
  • Table 88. Rest of Asia-Pacific Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 89. Europe Payroll Services, by Country USD Million (2015-2020)
  • Table 90. Europe Payroll Services, by Application USD Million (2015-2020)
  • Table 91. Europe Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 92. Europe Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 93. Europe Payroll Services, by Solutions USD Million (2015-2020)
  • Table 94. Europe Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 95. Germany Payroll Services, by Application USD Million (2015-2020)
  • Table 96. Germany Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 97. Germany Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 98. Germany Payroll Services, by Solutions USD Million (2015-2020)
  • Table 99. Germany Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 100. France Payroll Services, by Application USD Million (2015-2020)
  • Table 101. France Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 102. France Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 103. France Payroll Services, by Solutions USD Million (2015-2020)
  • Table 104. France Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 105. Italy Payroll Services, by Application USD Million (2015-2020)
  • Table 106. Italy Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 107. Italy Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 108. Italy Payroll Services, by Solutions USD Million (2015-2020)
  • Table 109. Italy Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 110. United Kingdom Payroll Services, by Application USD Million (2015-2020)
  • Table 111. United Kingdom Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 112. United Kingdom Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 113. United Kingdom Payroll Services, by Solutions USD Million (2015-2020)
  • Table 114. United Kingdom Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 115. Netherlands Payroll Services, by Application USD Million (2015-2020)
  • Table 116. Netherlands Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 117. Netherlands Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 118. Netherlands Payroll Services, by Solutions USD Million (2015-2020)
  • Table 119. Netherlands Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 120. Rest of Europe Payroll Services, by Application USD Million (2015-2020)
  • Table 121. Rest of Europe Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 122. Rest of Europe Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 123. Rest of Europe Payroll Services, by Solutions USD Million (2015-2020)
  • Table 124. Rest of Europe Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 125. MEA Payroll Services, by Country USD Million (2015-2020)
  • Table 126. MEA Payroll Services, by Application USD Million (2015-2020)
  • Table 127. MEA Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 128. MEA Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 129. MEA Payroll Services, by Solutions USD Million (2015-2020)
  • Table 130. MEA Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 131. Middle East Payroll Services, by Application USD Million (2015-2020)
  • Table 132. Middle East Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 133. Middle East Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 134. Middle East Payroll Services, by Solutions USD Million (2015-2020)
  • Table 135. Middle East Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 136. Africa Payroll Services, by Application USD Million (2015-2020)
  • Table 137. Africa Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 138. Africa Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 139. Africa Payroll Services, by Solutions USD Million (2015-2020)
  • Table 140. Africa Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 141. North America Payroll Services, by Country USD Million (2015-2020)
  • Table 142. North America Payroll Services, by Application USD Million (2015-2020)
  • Table 143. North America Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 144. North America Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 145. North America Payroll Services, by Solutions USD Million (2015-2020)
  • Table 146. North America Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 147. United States Payroll Services, by Application USD Million (2015-2020)
  • Table 148. United States Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 149. United States Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 150. United States Payroll Services, by Solutions USD Million (2015-2020)
  • Table 151. United States Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 152. Canada Payroll Services, by Application USD Million (2015-2020)
  • Table 153. Canada Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 154. Canada Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 155. Canada Payroll Services, by Solutions USD Million (2015-2020)
  • Table 156. Canada Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 157. Mexico Payroll Services, by Application USD Million (2015-2020)
  • Table 158. Mexico Payroll Services, by Standalone software solutions USD Million (2015-2020)
  • Table 159. Mexico Payroll Services, by Enterprise size USD Million (2015-2020)
  • Table 160. Mexico Payroll Services, by Solutions USD Million (2015-2020)
  • Table 161. Mexico Payroll Services, by Deployment model USD Million (2015-2020)
  • Table 162. Company Basic Information, Sales Area and Its Competitors
  • Table 163. Company Basic Information, Sales Area and Its Competitors
  • Table 164. Company Basic Information, Sales Area and Its Competitors
  • Table 165. Company Basic Information, Sales Area and Its Competitors
  • Table 166. Company Basic Information, Sales Area and Its Competitors
  • Table 167. Company Basic Information, Sales Area and Its Competitors
  • Table 168. Company Basic Information, Sales Area and Its Competitors
  • Table 169. Company Basic Information, Sales Area and Its Competitors
  • Table 170. Company Basic Information, Sales Area and Its Competitors
  • Table 171. Company Basic Information, Sales Area and Its Competitors
  • Table 172. Company Basic Information, Sales Area and Its Competitors
  • Table 173. Payroll Services: by Application(USD Million)
  • Table 174. Payroll Services BFSI , by Region USD Million (2021-2026)
  • Table 175. Payroll Services Government , by Region USD Million (2021-2026)
  • Table 176. Payroll Services Healthcare , by Region USD Million (2021-2026)
  • Table 177. Payroll Services Retail , by Region USD Million (2021-2026)
  • Table 178. Payroll Services Telecom and IT , by Region USD Million (2021-2026)
  • Table 179. Payroll Services Transportation and logistics , by Region USD Million (2021-2026)
  • Table 180. Payroll Services Others , by Region USD Million (2021-2026)
  • Table 181. Payroll Services: by Standalone software solutions(USD Million)
  • Table 182. Payroll Services Payroll and Compensation Management , by Region USD Million (2021-2026)
  • Table 183. Payroll Services Time and Attendance Management , by Region USD Million (2021-2026)
  • Table 184. Payroll Services Compliance Management , by Region USD Million (2021-2026)
  • Table 185. Payroll Services Workforce Management , by Region USD Million (2021-2026)
  • Table 186. Payroll Services Claims Administration , by Region USD Million (2021-2026)
  • Table 187. Payroll Services Employee Benefits Management , by Region USD Million (2021-2026)
  • Table 188. Payroll Services Hire Management , by Region USD Million (2021-2026)
  • Table 189. Payroll Services Others (Tax Management, Report Generation, etc.) , by Region USD Million (2021-2026)
  • Table 190. Payroll Services: by Enterprise size(USD Million)
  • Table 191. Payroll Services Small & Medium enterprises , by Region USD Million (2021-2026)
  • Table 192. Payroll Services Large enterprises , by Region USD Million (2021-2026)
  • Table 193. Payroll Services: by Solutions(USD Million)
  • Table 194. Payroll Services Software , by Region USD Million (2021-2026)
  • Table 195. Payroll Services Service , by Region USD Million (2021-2026)
  • Table 196. Payroll Services: by Deployment model(USD Million)
  • Table 197. Payroll Services Cloud-based , by Region USD Million (2021-2026)
  • Table 198. Payroll Services On-premise , by Region USD Million (2021-2026)
  • Table 199. South America Payroll Services, by Country USD Million (2021-2026)
  • Table 200. South America Payroll Services, by Application USD Million (2021-2026)
  • Table 201. South America Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 202. South America Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 203. South America Payroll Services, by Solutions USD Million (2021-2026)
  • Table 204. South America Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 205. Brazil Payroll Services, by Application USD Million (2021-2026)
  • Table 206. Brazil Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 207. Brazil Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 208. Brazil Payroll Services, by Solutions USD Million (2021-2026)
  • Table 209. Brazil Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 210. Argentina Payroll Services, by Application USD Million (2021-2026)
  • Table 211. Argentina Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 212. Argentina Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 213. Argentina Payroll Services, by Solutions USD Million (2021-2026)
  • Table 214. Argentina Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 215. Rest of South America Payroll Services, by Application USD Million (2021-2026)
  • Table 216. Rest of South America Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 217. Rest of South America Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 218. Rest of South America Payroll Services, by Solutions USD Million (2021-2026)
  • Table 219. Rest of South America Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 220. Asia Pacific Payroll Services, by Country USD Million (2021-2026)
  • Table 221. Asia Pacific Payroll Services, by Application USD Million (2021-2026)
  • Table 222. Asia Pacific Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 223. Asia Pacific Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 224. Asia Pacific Payroll Services, by Solutions USD Million (2021-2026)
  • Table 225. Asia Pacific Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 226. China Payroll Services, by Application USD Million (2021-2026)
  • Table 227. China Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 228. China Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 229. China Payroll Services, by Solutions USD Million (2021-2026)
  • Table 230. China Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 231. Japan Payroll Services, by Application USD Million (2021-2026)
  • Table 232. Japan Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 233. Japan Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 234. Japan Payroll Services, by Solutions USD Million (2021-2026)
  • Table 235. Japan Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 236. India Payroll Services, by Application USD Million (2021-2026)
  • Table 237. India Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 238. India Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 239. India Payroll Services, by Solutions USD Million (2021-2026)
  • Table 240. India Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 241. South Korea Payroll Services, by Application USD Million (2021-2026)
  • Table 242. South Korea Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 243. South Korea Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 244. South Korea Payroll Services, by Solutions USD Million (2021-2026)
  • Table 245. South Korea Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 246. Taiwan Payroll Services, by Application USD Million (2021-2026)
  • Table 247. Taiwan Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 248. Taiwan Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 249. Taiwan Payroll Services, by Solutions USD Million (2021-2026)
  • Table 250. Taiwan Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 251. Australia Payroll Services, by Application USD Million (2021-2026)
  • Table 252. Australia Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 253. Australia Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 254. Australia Payroll Services, by Solutions USD Million (2021-2026)
  • Table 255. Australia Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 256. Rest of Asia-Pacific Payroll Services, by Application USD Million (2021-2026)
  • Table 257. Rest of Asia-Pacific Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 258. Rest of Asia-Pacific Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 259. Rest of Asia-Pacific Payroll Services, by Solutions USD Million (2021-2026)
  • Table 260. Rest of Asia-Pacific Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 261. Europe Payroll Services, by Country USD Million (2021-2026)
  • Table 262. Europe Payroll Services, by Application USD Million (2021-2026)
  • Table 263. Europe Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 264. Europe Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 265. Europe Payroll Services, by Solutions USD Million (2021-2026)
  • Table 266. Europe Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 267. Germany Payroll Services, by Application USD Million (2021-2026)
  • Table 268. Germany Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 269. Germany Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 270. Germany Payroll Services, by Solutions USD Million (2021-2026)
  • Table 271. Germany Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 272. France Payroll Services, by Application USD Million (2021-2026)
  • Table 273. France Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 274. France Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 275. France Payroll Services, by Solutions USD Million (2021-2026)
  • Table 276. France Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 277. Italy Payroll Services, by Application USD Million (2021-2026)
  • Table 278. Italy Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 279. Italy Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 280. Italy Payroll Services, by Solutions USD Million (2021-2026)
  • Table 281. Italy Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 282. United Kingdom Payroll Services, by Application USD Million (2021-2026)
  • Table 283. United Kingdom Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 284. United Kingdom Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 285. United Kingdom Payroll Services, by Solutions USD Million (2021-2026)
  • Table 286. United Kingdom Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 287. Netherlands Payroll Services, by Application USD Million (2021-2026)
  • Table 288. Netherlands Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 289. Netherlands Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 290. Netherlands Payroll Services, by Solutions USD Million (2021-2026)
  • Table 291. Netherlands Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 292. Rest of Europe Payroll Services, by Application USD Million (2021-2026)
  • Table 293. Rest of Europe Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 294. Rest of Europe Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 295. Rest of Europe Payroll Services, by Solutions USD Million (2021-2026)
  • Table 296. Rest of Europe Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 297. MEA Payroll Services, by Country USD Million (2021-2026)
  • Table 298. MEA Payroll Services, by Application USD Million (2021-2026)
  • Table 299. MEA Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 300. MEA Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 301. MEA Payroll Services, by Solutions USD Million (2021-2026)
  • Table 302. MEA Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 303. Middle East Payroll Services, by Application USD Million (2021-2026)
  • Table 304. Middle East Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 305. Middle East Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 306. Middle East Payroll Services, by Solutions USD Million (2021-2026)
  • Table 307. Middle East Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 308. Africa Payroll Services, by Application USD Million (2021-2026)
  • Table 309. Africa Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 310. Africa Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 311. Africa Payroll Services, by Solutions USD Million (2021-2026)
  • Table 312. Africa Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 313. North America Payroll Services, by Country USD Million (2021-2026)
  • Table 314. North America Payroll Services, by Application USD Million (2021-2026)
  • Table 315. North America Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 316. North America Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 317. North America Payroll Services, by Solutions USD Million (2021-2026)
  • Table 318. North America Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 319. United States Payroll Services, by Application USD Million (2021-2026)
  • Table 320. United States Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 321. United States Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 322. United States Payroll Services, by Solutions USD Million (2021-2026)
  • Table 323. United States Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 324. Canada Payroll Services, by Application USD Million (2021-2026)
  • Table 325. Canada Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 326. Canada Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 327. Canada Payroll Services, by Solutions USD Million (2021-2026)
  • Table 328. Canada Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 329. Mexico Payroll Services, by Application USD Million (2021-2026)
  • Table 330. Mexico Payroll Services, by Standalone software solutions USD Million (2021-2026)
  • Table 331. Mexico Payroll Services, by Enterprise size USD Million (2021-2026)
  • Table 332. Mexico Payroll Services, by Solutions USD Million (2021-2026)
  • Table 333. Mexico Payroll Services, by Deployment model USD Million (2021-2026)
  • Table 334. Research Programs/Design for This Report
  • Table 335. Key Data Information from Secondary Sources
  • Table 336. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Payroll Services: by Application USD Million (2015-2020)
  • Figure 5. Global Payroll Services: by Standalone software solutions USD Million (2015-2020)
  • Figure 6. Global Payroll Services: by Enterprise size USD Million (2015-2020)
  • Figure 7. Global Payroll Services: by Solutions USD Million (2015-2020)
  • Figure 8. Global Payroll Services: by Deployment model USD Million (2015-2020)
  • Figure 9. South America Payroll Services Share (%), by Country
  • Figure 10. Asia Pacific Payroll Services Share (%), by Country
  • Figure 11. Europe Payroll Services Share (%), by Country
  • Figure 12. MEA Payroll Services Share (%), by Country
  • Figure 13. North America Payroll Services Share (%), by Country
  • Figure 14. Global Payroll Services share by Players 2020 (%)
  • Figure 15. Global Payroll Services share by Players (Top 3) 2020(%)
  • Figure 16. Global Payroll Services share by Players (Top 5) 2020(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Automatic Data Processing, Inc. (ADP) (United States) Revenue, Net Income and Gross profit
  • Figure 19. Automatic Data Processing, Inc. (ADP) (United States) Revenue: by Geography 2020
  • Figure 20. SAP SE (Germany) Revenue, Net Income and Gross profit
  • Figure 21. SAP SE (Germany) Revenue: by Geography 2020
  • Figure 22. Sage Group plc. (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 23. Sage Group plc. (United Kingdom) Revenue: by Geography 2020
  • Figure 24. Paychex, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 25. Paychex, Inc. (United States) Revenue: by Geography 2020
  • Figure 26. Ramco Systems Limited (India) Revenue, Net Income and Gross profit
  • Figure 27. Ramco Systems Limited (India) Revenue: by Geography 2020
  • Figure 28. TMF Group Holding B.V. (Netherland) Revenue, Net Income and Gross profit
  • Figure 29. TMF Group Holding B.V. (Netherland) Revenue: by Geography 2020
  • Figure 30. Kronos Incorporated (United States) Revenue, Net Income and Gross profit
  • Figure 31. Kronos Incorporated (United States) Revenue: by Geography 2020
  • Figure 32. Paycor, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 33. Paycor, Inc. (United States) Revenue: by Geography 2020
  • Figure 34. Paycom Software, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 35. Paycom Software, Inc. (United States) Revenue: by Geography 2020
  • Figure 36. Paylocity Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 37. Paylocity Corporation (United States) Revenue: by Geography 2020
  • Figure 38. Ultimate Software Group (United States) Revenue, Net Income and Gross profit
  • Figure 39. Ultimate Software Group (United States) Revenue: by Geography 2020
  • Figure 40. Global Payroll Services: by Application USD Million (2021-2026)
  • Figure 41. Global Payroll Services: by Standalone software solutions USD Million (2021-2026)
  • Figure 42. Global Payroll Services: by Enterprise size USD Million (2021-2026)
  • Figure 43. Global Payroll Services: by Solutions USD Million (2021-2026)
  • Figure 44. Global Payroll Services: by Deployment model USD Million (2021-2026)
  • Figure 45. South America Payroll Services Share (%), by Country
  • Figure 46. Asia Pacific Payroll Services Share (%), by Country
  • Figure 47. Europe Payroll Services Share (%), by Country
  • Figure 48. MEA Payroll Services Share (%), by Country
  • Figure 49. North America Payroll Services Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Automatic Data Processing, Inc. (ADP) (United States)
  • SAP SE (Germany)
  • Sage Group plc. (United Kingdom)
  • Paychex, Inc. (United States)
  • Ramco Systems Limited (India)
  • TMF Group Holding B.V. (Netherland)
  • Kronos Incorporated (United States)
  • Paycor, Inc. (United States)
  • Paycom Software, Inc. (United States)
  • Paylocity Corporation (United States)
  • Ultimate Software Group (United States)
Additional players considered in the study are as follows:
Oracle Corporation (United States) , Jobvite, Inc. (United States) , Intuit Inc. (United States) , TriNet Group, Inc. (United States)
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Jan 2022 249 Pages 82 Tables Base Year: 2021 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The Payroll Services market is expected to see a CAGR of % during projected year 2020 to 2026.
Top performing companies in the Global Payroll Services market are Automatic Data Processing, Inc. (ADP) (United States), SAP SE (Germany), Sage Group plc. (United Kingdom), Paychex, Inc. (United States), Ramco Systems Limited (India), TMF Group Holding B.V. (Netherland), Kronos Incorporated (United States), Paycor, Inc. (United States), Paycom Software, Inc. (United States), Paylocity Corporation (United States) and Ultimate Software Group (United States), to name a few.
North America is dominating the Payroll Services Market.

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