Global Payroll & HR Solutions & Services Market Research Report 2024

The Payroll & HR solutions & services are used to automate, organize, and simplify complex compensation planning in the enterprise to increase budget allocations, accuracy, and helps to make straight compensation decisions with organizational guidelines. Enterprises are adopting payroll & HR solutions & services to create better compensation decisions with up-to-date, accurate, and auditable processes.

The global Payroll & HR Solutions & Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

North American market for Payroll & HR Solutions & Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Payroll & HR Solutions & Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Payroll & HR Solutions & Services in SMEs is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Payroll & HR Solutions & Services include Automatic Data Processing, Inc. (ADP), Oracle Corporation, Paychex, Inc., Ramco Systems Ltd., Sage Group plc, SAP SE, TMF Group B.V., TriNet Group, Inc. and Ultimate Software Group, Inc., etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Payroll & HR Solutions & Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Payroll & HR Solutions & Services.

Report Scope

The Payroll & HR Solutions & Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Payroll & HR Solutions & Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Payroll & HR Solutions & Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Automatic Data Processing, Inc. (ADP)

Oracle Corporation

Paychex, Inc.

Ramco Systems Ltd.

Sage Group plc

SAP SE

TMF Group B.V.

TriNet Group, Inc.

Ultimate Software Group, Inc.

NCR Corporation

PayNortheast

getsix

Aprio Cloud

KMC Solutions

TELUS Employer Solutions

Shanghai Donghao Human Resources Co., Ltd

TMF Group


Segment by Type


On-Premise

Cloud

Hybrid


Segment by Application


SMEs

Large Enterprises

By Region

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Payroll & HR Solutions & Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Frequently Asked Questions