Global Payroll Outsourcing Market Report 2024

Payroll Outsourcing Global Market Report 2024 – By Type (Fully-Managed Outsourcing, Co-Managed Outsourcing), By Application (Small Business, Medium Business, Large Business), By End Use (Banking, Financial Services And Insurance (BFSI), Consumer and Industrial Products, IT (Information Technology) And Telecommunication, Public Sector, Healthcare, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Starting Price : $4000.00 | Pages : | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options
Request Sample
Request For Discount
FAQs

Need assistance or more information before the purchase?

Enquire Before Buying
Payroll Outsourcing Global Market Report 2024

Proud Members Of

checkslacipN checkaoirsN checkscipN
Description Table Of Contents Tables & Figures Market Insights Related Reports

Payroll Outsourcing Market Definition And Segments

Payroll outsourcing refers to assigning payroll management responsibilities to an outside service provider, freeing enterprises from having to handle payroll procedures and ensure compliance with applicable laws. It offers businesses assistance with legal, tax, and accounting services to ensure employees get paid on time.

The main types of payroll outsourcing are fully-managed outsourcing and co-managed outsourcing. Fully managed outsourcing refers to the service provider handling everything from beginning to end, so you won't have to spend a lot of time, effort, or attention on it. It is used for small business, medium business, and large business applications by banking, financial services and insurance (BFSI), consumer and industrial products, IT (information technology) and telecommunication, public sector, healthcare, and other end users.

The payroll outsourcing market covered in this report is segmented –

1) By Type: Fully-Managed Outsourcing, Co-Managed Outsourcing

2) By Application: Small Business, Medium Business, Large Business

3) By End Use: Banking, Financial Services And Insurance (BFSI), Consumer and Industrial Products, IT (Information Technology) And Telecommunication, Public Sector, Healthcare, Other End Users

The payroll outsourcing market size has grown strongly in recent years. It will grow from $11.17 billion in 2023 to $12.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased focus on improving efficiency, increased demand for reducing operational costs, growth in the it sector, industrialization, growth in the manufacturing sector.

The payroll outsourcing market size is expected to see strong growth in the next few years. It will grow to $16.12 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in demand for cloud-based payroll, increasing demand for eliminating the need for hiring technical staff for payroll services, penetration of e-commerce platforms, growing banking, financial services and insurance (bfsi) sectors, increasing number of small-medium enterprises (smes). Major trends in the forecast period include adoption of artificial intelligence and automation in payroll outsourcing services, next-generation technological launch, subscription-based services, integration of automation in the process.

Cloud-Based Solutions Transforming Payroll Management

The rise in demand for cloud-based payroll is expected to propel the growth of the payroll outsourcing market going forward. Cloud-based payroll is a system that allows users to manage every aspect of payroll online by connecting a computer to the internet. The Cloud-based payroll solutions make payroll data easier to access, improve communication between customers and service providers, and give scalable and affordable options for handling payroll procedures. For instance, in 2023, according to Alight Solutions, a US-based cloud provider of integrated digital human capital and business solutions, 40% of businesses plan to update their payroll systems, and Payroll delivery platforms will be dominated by cloud-based payroll solutions (61%) over on-premises (39%). A further quarter of businesses (26%) have advanced digital payroll efforts in the previous year, and another two-thirds (62%) anticipate undergoing a digital transition in the following two years. Therefore, the rise in demand for cloud-based payroll is driving the payroll outsourcing market.

Rising Employment Drives Surge In Payroll Outsourcing Market

The growing employment is expected to propel the growth of the payroll outsourcing market going forward. Employment refers to the state of being engaged in paid work or having a job, where an individual contributes their skills, time, and effort to an employer or a business entity in exchange for compensation, such as wages or salaries. Increasing employment can create a demand for more sophisticated and scalable payroll solutions, making payroll outsourcing an attractive option for businesses looking to manage the complexities associated with a larger workforce while optimizing operational efficiency and compliance. For instance, in December 2022, according to U.S. Bureau of Labor Statistics, US-based government fact finding agency for labor economics, in 2021, 69.8% of individuals were employed full time throughout the year, marking a rise from 63.1% in 2020. Notably, 74.6% of working men held full-time, year-round positions in 2021, surpassing the 64.5% of women in similar employment. Additionally, the employment-population ratio climbed to 60% in Q4 2022. Therefore, growing employment is driving the growth of the payroll outsourcing market.

Major companies operating in the payroll outsourcing market report are Accenture plc., The International Business Machines Corporation, Deloitte & Touche LLP, KPMG International Limited, Block Inc., Automatic Data Processing Inc., Infosys Limited, Intuit Inc., CGI Group Inc., Xerox Corporation, Insperity Inc., Workday Inc., TriNet Group Inc., Paychex Inc., Sage Group plc., Heartland Payment Systems Inc., Ceridian HCM Inc., Justworks Inc., Paycor HCM Inc., Gusto Inc., PrimePay LLC, Zenefits, Zalaris ASA, Netchex Inc., Wagepoint Inc., MyPayrollHR, PEO Canada, SurePayroll Inc., Vision HR Inc., Fuse Workforce Management.

Unveiling Next-Gen Payroll Services For Businesses

Product innovations have emerged as a key trend gaining popularity in the payroll outsourcing market. Major companies operating in the payroll outsourcing market are concentrating on creating innovative products to strengthen their position in the payroll outsourcing market. For instance, in June 2023, Payroll Growth Partners (PGP), a UK-based provider of payroll management services, launched Next-Gen Payroll products for customers served by businesses in its quickly growing portfolio. Employees who use PayBridge's platform have access to next-generation payroll services, including pay cards, real-time payroll, and early access to pay.

Immedis Redefines Payroll Management With Cloud Innovation

Major companies operating in in the payroll outsourcing market are launching new solutions such as, cloud technology, to increase their profitability in the market. Cloud technology in payroll outsourcing offers a modern, flexible, and efficient approach to managing payroll processes. For instance, in November 2022, Immedis, an Ireland-based payroll solution provider launched One View. This aims to replace manual processes with a secure and efficient system, providing real-time reporting and analytics on a global scale. The platform emphasizes flexibility for enterprises, allowing unified management and insights encompassing all global payroll operations. With a commitment to innovation, One View empowers users to access curated analytics, offering the flexibility to tailor payroll processes based on individual country needs. One View offers a user-friendly mobile app and customer portal, ensuring an improved employee experience globally.

Payroll Software And Services Group's Acquisition Of Just Payroll Services

In November 2021, Payroll Software and Services Group Ltd. (PSSG), a UK-based software and outsourcing solutions company, acquired Just Payroll Services Ltd. for an undisclosed amount. With this acquisition, Payroll Software and Services Group Ltd. (PSSG) will enhance visibility over their payroll, improving efficiency and increasing productivity. Just Payroll Services Ltd. is a UK-based payroll services company that offers specialized outsourced payroll management services for managing payroll in the UK and abroad.

North America was the largest region in the payroll outsourcing market in 2023. The regions covered in the payroll outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the payroll outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The payroll outsourcing market includes revenues earned by entities through the administration of employee benefits, tax withholding, wage computation and salary management, and computing statutory leaves. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The payroll outsourcing research report is one of a series of new reports from The Business Research Company that provides payroll outsourcing market statistics, including the payroll outsourcing industry's global market size, regional shares, competitors with payroll outsourcing market share, detailed payroll outsourcing market segments, market trends and opportunities, and any further data you may need to thrive in the payroll outsourcing industry. This payroll outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Payroll Outsourcing Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $12.01 billion
Revenue Forecast In 2033 $16.12 billion
Growth Rate CAGR of 7.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Fully-Managed Outsourcing, Co-Managed Outsourcing
2) By Application: Small Business, Medium Business, Large Business
3) By End Use: Banking, Financial Services And Insurance (BFSI), Consumer and Industrial Products, IT (Information Technology) And Telecommunication, Public Sector, Healthcare, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Accenture plc.; The International Business Machines Corporation; Deloitte & Touche LLP; KPMG International Limited; Block Inc.; Automatic Data Processing Inc.; Infosys Limited; Intuit Inc.; CGI Group Inc.; Xerox Corporation; Insperity Inc.; Workday Inc.; TriNet Group Inc.; Paychex Inc.; Sage Group plc.; Heartland Payment Systems Inc.; Ceridian HCM Inc.; Justworks Inc.; Paycor HCM Inc.; Gusto Inc.; PrimePay LLC; Zenefits; Zalaris ASA; Netchex Inc.; Wagepoint Inc.; MyPayrollHR; PEO Canada; SurePayroll Inc.; Vision HR Inc.; Fuse Workforce Management.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Payroll Outsourcing Market Characteristics

    3. Payroll Outsourcing Market Trends And Strategies

    4. Payroll Outsourcing Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Payroll Outsourcing Market Size and Growth

    5.1. Global Payroll Outsourcing Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Payroll Outsourcing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Payroll Outsourcing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Payroll Outsourcing Market Segmentation

    6.1. Global Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Fully-Managed Outsourcing

    Co-Managed Outsourcing

    6.2. Global Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Small Business

    Medium Business

    Large Business

    6.3. Global Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banking, Financial Services And Insurance (BFSI)

    Consumer and Industrial Products

    IT (Information Technology) And Telecommunication

    Public Sector

    Healthcare

    Other End Users

    7. Payroll Outsourcing Market Regional And Country Analysis

    7.1. Global Payroll Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Payroll Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Payroll Outsourcing Market

    8.1. Asia-Pacific Payroll Outsourcing Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Payroll Outsourcing Market

    9.1. China Payroll Outsourcing Market Overview

    9.2. China Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Payroll Outsourcing Market

    10.1. India Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Payroll Outsourcing Market

    11.1. Japan Payroll Outsourcing Market Overview

    11.2. Japan Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Payroll Outsourcing Market

    12.1. Australia Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Payroll Outsourcing Market

    13.1. Indonesia Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Payroll Outsourcing Market

    14.1. South Korea Payroll Outsourcing Market Overview

    14.2. South Korea Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Payroll Outsourcing Market

    15.1. Western Europe Payroll Outsourcing Market Overview

    15.2. Western Europe Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Payroll Outsourcing Market

    16.1. UK Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Payroll Outsourcing Market

    17.1. Germany Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Payroll Outsourcing Market

    18.5. France Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Payroll Outsourcing Market

    19.9. Italy Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Payroll Outsourcing Market

    20.13. Spain Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Payroll Outsourcing Market

    21.1. Eastern Europe Payroll Outsourcing Market Overview

    21.2. Eastern Europe Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Payroll Outsourcing Market

    22.1. Russia Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Payroll Outsourcing Market

    23.1. North America Payroll Outsourcing Market Overview

    23.2. North America Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Payroll Outsourcing Market

    24.1. USA Payroll Outsourcing Market Overview

    24.2. USA Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Payroll Outsourcing Market

    25.1. Canada Payroll Outsourcing Market Overview

    25.2. Canada Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Payroll Outsourcing Market

    26.1. South America Payroll Outsourcing Market Overview

    26.2. South America Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Payroll Outsourcing Market

    27.1. Brazil Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Payroll Outsourcing Market

    28.1. Middle East Payroll Outsourcing Market Overview

    28.2. Middle East Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Payroll Outsourcing Market

    29.1. Africa Payroll Outsourcing Market Overview

    29.2. Africa Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Payroll Outsourcing Market Competitive Landscape And Company Profiles

    30.1. Payroll Outsourcing Market Competitive Landscape

    30.2. Payroll Outsourcing Market Company Profiles

    30.2.1. Accenture plc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. The International Business Machines Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Deloitte & Touche LLP

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. KPMG International Limited

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Block Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Payroll Outsourcing Market Other Major And Innovative Companies

    31.1. Automatic Data Processing Inc.

    31.2. Infosys Limited

    31.3. Intuit Inc.

    31.4. CGI Group Inc.

    31.5. Xerox Corporation

    31.6. Insperity Inc.

    31.7. Workday Inc.

    31.8. TriNet Group Inc.

    31.9. Paychex Inc.

    31.10. Sage Group plc.

    31.11. Heartland Payment Systems Inc.

    31.12. Ceridian HCM Inc.

    31.13. Justworks Inc.

    31.14. Paycor HCM Inc.

    31.15. Gusto Inc.

    32. Global Payroll Outsourcing Market Competitive Benchmarking

    33. Global Payroll Outsourcing Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Payroll Outsourcing Market

    35. Payroll Outsourcing Market Future Outlook and Potential Analysis

    35.1 Payroll Outsourcing Market In 2028 - Countries Offering Most New Opportunities

    35.2 Payroll Outsourcing Market In 2028 - Segments Offering Most New Opportunities

    35.3 Payroll Outsourcing Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Payroll Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Payroll Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Accenture plc. Financial Performance
  • Table 75: The International Business Machines Corporation Financial Performance
  • Table 76: Deloitte & Touche LLP Financial Performance
  • Table 77: KPMG International Limited Financial Performance
  • Table 78: Block Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Payroll Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Payroll Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Payroll Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Payroll Outsourcing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Payroll Outsourcing Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Accenture plc. Financial Performance
  • Figure 75: The International Business Machines Corporation Financial Performance
  • Figure 76: Deloitte & Touche LLP Financial Performance
  • Figure 77: KPMG International Limited Financial Performance
  • Figure 78: Block Inc. Financial Performance
Global Insurance Brokers and Agents Market Opportunities And Strategies – Forecast To 2030 – Includes Insurance Brokers & Agents Market Report
Read More
Forecasting till 2030: Opportunities And Strategies In The Global Wealth Management Market – Includes Wealth Management Market Trend
Read More
Global Lending Market Opportunities And Strategies – Forecast To 2030 – Includes Lending Market Overview
Read More
Opportunities And Strategies Analysis For The Life Insurance Providers Market – Includes Life Insurance Providers Market Share
Read More
The Business Research Company offers the payments market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the prepaid card market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the life and health reinsurance market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the asset servicing market research report 2022 with industry size, share, segments and market growth
Read More
Payroll Services Global Market Report 2024 – By Type (Payroll And Bookkeeping Services, Tax Preparation Services, Other Accounting Services), By Business Size (Small Business, Medium Business, Large Business), By Industry Vertical (Banking, Financial Services and Insurance (BFSI), Consumer and Industrial Products, IT and Telecommunication, Public Sector, Healthcare, Other Industry Verticals) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Medical Billing Outsourcing Global Market Report 2024 – By Service (Front End, Back End), By Component (In-house, Outsourced), By End User (Hospitals, Physician Offices) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Hospital Outsourcing Global Market Report 2024 – By Hospital Type (Private, Public), By Hospital Size (Small and Medium Hospitals, Large Hospitals), By Services (Healthcare IT, Clinical Services, Business Services, Transportation Services, Other Services), By End-Users (Nursing Homes and Assisted Living, Specialty Hospitals, General Medical and Surgical Hospitals, Emergency and Other Outpatient Care Centers, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Payments Global Market Report 2024 – By Type (Credit Transfer, Direct Debit, Check Payment, Cash Deposit), By Application (Banks, Non-Banking Financial Institutions, Other Applications), By End-user Industry (Retail, Banking and Financial Service, Telecommunication, Government, Transportation, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Rolling Mill And Other Metalworking Machinery Global Market Report 2024 – By Type (Wire Drawing and Fabricating Machinery, Coil Winding and Cutting Machinery, Rolling Mill Machines, Other Rolling Mill And Other Metalworking Machinery), By Capacity (Small, Medium, Large), By Application (Metal Manufacturing, Machinery and Equipment, Automotive, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Rolling Stock Global Market Report 2024 – By Product (Locomotive, Rapid Transit Vehicle, Wagon), By Locomotive Technology (Conventional Locomotive, Turbocharge Locomotive, Maglev, Diesel Locomotive, Electric Locomotive, Electro-Diesel Locomotive), By Component (Pantograph, Axle, Wheelset, Traction Motor, Auxiliary Power System, Other Components), By End User (Passenger Transit, Cargo Train) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Research And Development Outsourcing Services Global Market Report 2024 – By Type (On Shore, Off Shore), By Size (Small and Medium Enterprises, Large Enterprises), By End User (Automotive, Consumer Electronics, Telecommunications, Semiconductor, Aerospace, Healthcare, Construction) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Regulatory Affairs Outsourcing Global Market Report 2024 – By Service (Legal Representation, Regulatory Consulting, Product Registration & Clinical Trial Application, Regulatory Writing & Publication, Other Services), By Indication (Neurology, Oncology, Immunology, Cardiology, Other Indications), By Category (Biologics, Drugs, Medical Devices, By Company Size (Small, Medium, Large), By End User (Medical Device Company, Biotechnology Company, Pharmaceutical Company) – Market Size, Trends, And Global Forecast 2024-2033
View Report

Frequently Asked Questions

What is the definition of the payroll outsourcing market?

Payroll outsourcing refers to assigning payroll management responsibilities to an outside service provider, freeing enterprises from having to handle payroll procedures and ensure compliance with applicable laws. It offers businesses assistance with legal, tax, and accounting services to ensure employees get paid on time. For further insights on the payroll outsourcing market, request a sample here

How will the payroll outsourcing market drivers and restraints affect the payroll outsourcing market dynamics? What forces will shape the payroll outsourcing industry going forward?

The payroll outsourcing market major growth driver - Cloud-Based Solutions Transforming Payroll Management. For further insights on the payroll outsourcing market, request a sample here

What is the forecast market size or the forecast market value of the payroll outsourcing market?

The payroll outsourcing market size has grown strongly in recent years. It will grow from $11.17 billion in 2023 to $12.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased focus on improving efficiency, increased demand for reducing operational costs, growth in the it sector, industrialization, growth in the manufacturing sector. The payroll outsourcing market size is expected to see strong growth in the next few years. It will grow to $16.12 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in demand for cloud-based payroll, increasing demand for eliminating the need for hiring technical staff for payroll services, penetration of e-commerce platforms, growing banking, financial services and insurance (bfsi) sectors, increasing number of small-medium enterprises (smes). Major trends in the forecast period include adoption of artificial intelligence and automation in payroll outsourcing services, next-generation technological launch, subscription-based services, integration of automation in the process. For further insights on the payroll outsourcing market, request a sample here

How is the payroll outsourcing market segmented?

The payroll outsourcing market is segmented
1) By Type: Fully-Managed Outsourcing, Co-Managed Outsourcing
2) By Application: Small Business, Medium Business, Large Business
3) By End Use: Banking, Financial Services And Insurance (BFSI), Consumer and Industrial Products, IT (Information Technology) And Telecommunication, Public Sector, Healthcare, Other End UsersFor further insights on the payroll outsourcing market, request a sample here

Which region has the largest share of the payroll outsourcing market? What are the other regions covered in the report?

North America was the largest region in the payroll outsourcing market in 2023. The regions covered in the payroll outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the payroll outsourcing market, request a sample here.

Who are the major players in the payroll outsourcing market?

Major companies operating in the payroll outsourcing market report are Accenture plc., The International Business Machines Corporation, Deloitte & Touche LLP, KPMG International Limited, Block Inc., Automatic Data Processing Inc., Infosys Limited, Intuit Inc., CGI Group Inc., Xerox Corporation, Insperity Inc., Workday Inc., TriNet Group Inc., Paychex Inc., Sage Group plc., Heartland Payment Systems Inc., Ceridian HCM Inc., Justworks Inc., Paycor HCM Inc., Gusto Inc., PrimePay LLC, Zenefits, Zalaris ASA, Netchex Inc., Wagepoint Inc., MyPayrollHR, PEO Canada, SurePayroll Inc., Vision HR Inc., Fuse Workforce Management. For further insights on the payroll outsourcing market, request a sample here.

What are the key trends in the payroll outsourcing market?

Major trend in the payroll outsourcing market - Unveiling Next-Gen Payroll Services For Businesses. For further insights on the payroll outsourcing market, request a sample here.

What are the major opportunities in the payroll outsourcing market? What are the strategies for the payroll outsourcing market?

For detailed insights on the major opportunities and strategies in the payroll outsourcing market, request a sample here.

How does the payroll outsourcing market relate to the overall economy and other similar markets?

For detailed insights on payroll outsourcing market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the payroll outsourcing industry?

For detailed insights on the mergers and acquisitions in the payroll outsourcing industry, request a sample here.

What are the key dynamics influencing the payroll outsourcing market growth? SWOT analysis of the payroll outsourcing market.

For detailed insights on the key dynamics influencing the payroll outsourcing market growth and SWOT analysis of the payroll outsourcing industry, request a sample here.