Payroll Outsourcing Global Market Report 2024

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

Name: Payroll Outsourcing Global Market Report 2024
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Payroll Outsourcing Global Market Report 2024

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Payroll Outsourcing Global Market Report 2024

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Payroll Outsourcing Market Definition

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.

Payroll Outsourcing Market Segmentation

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

Global Payroll Outsourcing Market Size 2023 to 2028: Graph

Payroll Outsourcing Market Size 2024 And Growth Rate

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.

Payroll Outsourcing Market Growth Forecast

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.

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Payroll Outsourcing Market Driver: 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.

Payroll Outsourcing Market Driver: 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.

Global Payroll Outsourcing Market Major Players

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.

Global Payroll Outsourcing Market Trend: 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.

Global Payroll Outsourcing Market Trend: 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 Outsourcing Market Merger And Acquisition: 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.

Regional Outlook For The Global Payroll Outsourcing Market

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 Forecast And Analysis

Report Attribute	Details
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	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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 Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

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

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Frequently Asked Questions

What is the definition of the payroll outsourcing market?

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?

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.