Global Payroll Services Market Size 2018- by Certified Public Accountants, Company Profiles, Statistics, Emerging Trends, Applications, and Regional Opportunities till 2022
This report on payroll services studies all the characteristic of the present and forthcoming industry growth information which is climacteric for the leading market participant. The analysis of pioneering verticals and geographical regions is also discussed to anticipate the deployment rate of Industry.
Dallas, United States – October 22, 2018 /MarketersMedia/ —
with the slowdown in world economic growth, the Payroll Services industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Payroll Services market size to maintain the average annual growth rate of xxx from xxx million $ in 2014 to xxx million $ in 2017, Research analysts believe that in the next few years, Payroll Services market size will be further expanded, we expect that by 2022, The market size of the Payroll Services will reach xxx million $.
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Automation organization as well as making the payroll solutions & services easy from the multifaceted planning is referred as payroll Services. Also, it facilitates organizations to advance their financial planning, enhance accuracy plus support any decisions related to payroll or HR solutions as per the guidelines of organization. The prime factor propelling the global payroll services market is rising adoption of cloud-based technologies for instance, software as a service technology (SaaS) in organizations. Furthermore, a cloud-based solution provides better access as well as helps business to scale up with contracted payroll services at the time of employees joining or exiting. Moreover, requisite for a competent management system will further upsurge the payroll services market.
The global payroll services market has been segmented by different size of the enterprise, deployments, industries, solutions as well as topography. By different size of enterprise, global payroll services market is further bisected to small & medium enterprises and large enterprise. Further, by deployment, the market is sub-segmented to on premise, cloud and hybrid. Amongst, these cloud sub-segment of deployment has been accounted for the major market share for past few years and is expected to maintain the pace over the forecast period due to the rising demand for cloud-based systems among the people.
Based on solution segment, the market across the globe has been sub-divided to software (suite & standalone) and services. Furthermore, standalone sub segment is classified by different payroll management, compensation, time & attendance management, employees management, compliance management, claims administration, hire management, employee benefits management as well as others including tax management and report generation.
Besides, industry vertical of the global market is segmented to different financial services & insurance (BFSI), banking, government, manufacturing, healthcare, retail, telecom & IT and transportation & logistics segments.
Major companies discussed in the report include:
• Zenefits Software
• Kronos Software
• PDS Vista HRMS
• Vibe HCM Software
• FinancialForce Software
• Ascentis HR Software
• Paycor Software
• Sage HRMS Software
• BambooHR Software
The following Product Type Segmentation Are included in the report:
Type Segmentation (Free and Open-Source Software, Non-Free Software,)
Industry Segmentation (Government Sector, Defense Sector, Education and Academia Sectors, BFSI Sector, IT Sector)
Channel (Direct Sales, Distributor) Segmentation
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Major Point from Table of Content:
Section 1 Payroll Services Definition
Section 2 Global Payroll Services Market Major Player Share and Market Overview
Section 3 Major Player Payroll Services Business Introduction
3.1 Zenefits Software
3.2 Kronos Software
3.3 PDS Vista HRMS
3.4 Vibe HCM Software
3.5 FinancialForce Software
3.6 Ascentis HR Software
Section 4 Region Level
Section 5 Type Level
Section 6 Industry Level
Section 7 Channel Level
Section 8 Payroll Services Market Forecast 2018-2022
Section 9 Payroll Services Segmentation Type
Section 10 Payroll Services Segmentation Industry
10.1 Government Sector Clients
10.2 Defense Sector Clients
10.3 Education and Academia Sectors Clients
10.4 BFSI Sector Clients
10.5 IT Sector Clients
Section 11 Payroll Services Cost Analysis
11.1 Technology Cost Analysis
11.2 Labor Cost Analysis
11.3 Cost Overview
Section 12 Conclusion
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