Payroll outsourcing simply means to transfer, subcontract, or farm out your payroll processing to another company. This company will – fingers crossed – be a specialist payroll provider with a team of qualified payroll experts.
This report contains market size and forecasts of Payroll Outsourcing Services in Global, including the following market information:
Global Payroll Outsourcing Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Payroll Outsourcing Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Full-Managed Outsourcing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Payroll Outsourcing Services include ADP, Sage, Xerox, Paychex, Gusto, Intuit, Zalaris, Infosys and KPMG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Payroll Outsourcing Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Payroll Outsourcing Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Payroll Outsourcing Services Market Segment Percentages, by Type, 2021 (%)
Full-Managed Outsourcing
Co-Managed Outsourcing
Global Payroll Outsourcing Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Payroll Outsourcing Services Market Segment Percentages, by Application, 2021 (%)
Small Company
Midsized Company
Large Company
Global Payroll Outsourcing Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Payroll Outsourcing Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Payroll Outsourcing Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Payroll Outsourcing Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ADP
Sage
Xerox
Paychex
Gusto
Intuit
Zalaris
Infosys
KPMG
Vision H.R.
Deloitte
Aurion
Activpayroll
Immedis
Ascender
NGA HR
Neeyamo
BDO
CloudPay
Excelity
i-Admin
TriNet