Global Employer of Record Platform Market Research Report 2024(Status and Outlook)

Global Employer of Record Platform Market Research Report 2024(Status and Outlook)



Report Overview:

An Employer of Record (EOR) is a third-party organization that takes responsibility for all formal employment tasks on behalf of another company. The EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws. Hiring an EOR gives the client’s company the opportunity to manage their time more efficiently and effectively. Employer of Record is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, visa application, and sponsorship applications and a great many other transactions and operations concerning human resources. In businesses expanding market, also come across terms: Professional Employment Organization (PEO) and Global Employment Organization (GEO). A Professional Employment Organization (PEO) also known as an International/Global PEO, allows an enterprise to hire employees in a foreign market without the need of setting up a local entity. Although quite similar to an Employer of Record, a PEO is a service firm that generally offers a more comprehensive range of HR services. A Global Employment Organization (GEO) has properties of an EOR but is more similar to a PEO, in that it allows for the administrative HR burden to be removed from a client and instead be managed by a Global Employment Organization. Some firms take Employer of Record (EOR) business same as PEO and we abide this attribution in corresponding situation.

The Global Employer of Record Platform Market Size was estimated at USD 4571.78 million in 2023 and is projected to reach USD 6784.42 million by 2029, exhibiting a CAGR of 6.80% during the forecast period.

This report provides a deep insight into the global Employer of Record Platform market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Employer of Record Platform Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Employer of Record Platform market in any manner.

Global Employer of Record Platform Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Adecco

Randstad

Aquent

FoxHire

Infotree Global

Safeguard Global

Velocity Global

Globalization Partners

Shield GEO

Acumen International

Remote Team (Gusto)

Deel

Remote Technology

Elements Global Services

Papaya Global

Universal Hires

CIIC

Links International

New Horizons Global Partners

Sky Executive

Market Segmentation (by Type)

Aggregator Model

Wholly Owned Infrastructure Model

Market Segmentation (by Application)

SMEs

Large Enterprises

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Employer of Record Platform Market

Overview of the regional outlook of the Employer of Record Platform Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 Employer of Record Platform Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Employer of Record Platform
1.2 Key Market Segments
1.2.1 Employer of Record Platform Segment by Type
1.2.2 Employer of Record Platform Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Employer of Record Platform Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Employer of Record Platform Market Competitive Landscape
3.1 Global Employer of Record Platform Revenue Market Share by Company (2019-2024)
3.2 Employer of Record Platform Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Employer of Record Platform Market Size Sites, Area Served, Product Type
3.4 Employer of Record Platform Market Competitive Situation and Trends
3.4.1 Employer of Record Platform Market Concentration Rate
3.4.2 Global 5 and 10 Largest Employer of Record Platform Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Employer of Record Platform Value Chain Analysis
4.1 Employer of Record Platform Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Employer of Record Platform Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Employer of Record Platform Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Employer of Record Platform Market Size Market Share by Type (2019-2024)
6.3 Global Employer of Record Platform Market Size Growth Rate by Type (2019-2024)
7 Employer of Record Platform Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Employer of Record Platform Market Size (M USD) by Application (2019-2024)
7.3 Global Employer of Record Platform Market Size Growth Rate by Application (2019-2024)
8 Employer of Record Platform Market Segmentation by Region
8.1 Global Employer of Record Platform Market Size by Region
8.1.1 Global Employer of Record Platform Market Size by Region
8.1.2 Global Employer of Record Platform Market Size Market Share by Region
8.2 North America
8.2.1 North America Employer of Record Platform Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Employer of Record Platform Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Employer of Record Platform Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Employer of Record Platform Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Employer of Record Platform Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Adecco
9.1.1 Adecco Employer of Record Platform Basic Information
9.1.2 Adecco Employer of Record Platform Product Overview
9.1.3 Adecco Employer of Record Platform Product Market Performance
9.1.4 Adecco Employer of Record Platform SWOT Analysis
9.1.5 Adecco Business Overview
9.1.6 Adecco Recent Developments
9.2 Randstad
9.2.1 Randstad Employer of Record Platform Basic Information
9.2.2 Randstad Employer of Record Platform Product Overview
9.2.3 Randstad Employer of Record Platform Product Market Performance
9.2.4 Adecco Employer of Record Platform SWOT Analysis
9.2.5 Randstad Business Overview
9.2.6 Randstad Recent Developments
9.3 Aquent
9.3.1 Aquent Employer of Record Platform Basic Information
9.3.2 Aquent Employer of Record Platform Product Overview
9.3.3 Aquent Employer of Record Platform Product Market Performance
9.3.4 Adecco Employer of Record Platform SWOT Analysis
9.3.5 Aquent Business Overview
9.3.6 Aquent Recent Developments
9.4 FoxHire
9.4.1 FoxHire Employer of Record Platform Basic Information
9.4.2 FoxHire Employer of Record Platform Product Overview
9.4.3 FoxHire Employer of Record Platform Product Market Performance
9.4.4 FoxHire Business Overview
9.4.5 FoxHire Recent Developments
9.5 Infotree Global
9.5.1 Infotree Global Employer of Record Platform Basic Information
9.5.2 Infotree Global Employer of Record Platform Product Overview
9.5.3 Infotree Global Employer of Record Platform Product Market Performance
9.5.4 Infotree Global Business Overview
9.5.5 Infotree Global Recent Developments
9.6 Safeguard Global
9.6.1 Safeguard Global Employer of Record Platform Basic Information
9.6.2 Safeguard Global Employer of Record Platform Product Overview
9.6.3 Safeguard Global Employer of Record Platform Product Market Performance
9.6.4 Safeguard Global Business Overview
9.6.5 Safeguard Global Recent Developments
9.7 Velocity Global
9.7.1 Velocity Global Employer of Record Platform Basic Information
9.7.2 Velocity Global Employer of Record Platform Product Overview
9.7.3 Velocity Global Employer of Record Platform Product Market Performance
9.7.4 Velocity Global Business Overview
9.7.5 Velocity Global Recent Developments
9.8 Globalization Partners
9.8.1 Globalization Partners Employer of Record Platform Basic Information
9.8.2 Globalization Partners Employer of Record Platform Product Overview
9.8.3 Globalization Partners Employer of Record Platform Product Market Performance
9.8.4 Globalization Partners Business Overview
9.8.5 Globalization Partners Recent Developments
9.9 Shield GEO
9.9.1 Shield GEO Employer of Record Platform Basic Information
9.9.2 Shield GEO Employer of Record Platform Product Overview
9.9.3 Shield GEO Employer of Record Platform Product Market Performance
9.9.4 Shield GEO Business Overview
9.9.5 Shield GEO Recent Developments
9.10 Acumen International
9.10.1 Acumen International Employer of Record Platform Basic Information
9.10.2 Acumen International Employer of Record Platform Product Overview
9.10.3 Acumen International Employer of Record Platform Product Market Performance
9.10.4 Acumen International Business Overview
9.10.5 Acumen International Recent Developments
9.11 Remote Team (Gusto)
9.11.1 Remote Team (Gusto) Employer of Record Platform Basic Information
9.11.2 Remote Team (Gusto) Employer of Record Platform Product Overview
9.11.3 Remote Team (Gusto) Employer of Record Platform Product Market Performance
9.11.4 Remote Team (Gusto) Business Overview
9.11.5 Remote Team (Gusto) Recent Developments
9.12 Deel
9.12.1 Deel Employer of Record Platform Basic Information
9.12.2 Deel Employer of Record Platform Product Overview
9.12.3 Deel Employer of Record Platform Product Market Performance
9.12.4 Deel Business Overview
9.12.5 Deel Recent Developments
9.13 Remote Technology
9.13.1 Remote Technology Employer of Record Platform Basic Information
9.13.2 Remote Technology Employer of Record Platform Product Overview
9.13.3 Remote Technology Employer of Record Platform Product Market Performance
9.13.4 Remote Technology Business Overview
9.13.5 Remote Technology Recent Developments
9.14 Elements Global Services
9.14.1 Elements Global Services Employer of Record Platform Basic Information
9.14.2 Elements Global Services Employer of Record Platform Product Overview
9.14.3 Elements Global Services Employer of Record Platform Product Market Performance
9.14.4 Elements Global Services Business Overview
9.14.5 Elements Global Services Recent Developments
9.15 Papaya Global
9.15.1 Papaya Global Employer of Record Platform Basic Information
9.15.2 Papaya Global Employer of Record Platform Product Overview
9.15.3 Papaya Global Employer of Record Platform Product Market Performance
9.15.4 Papaya Global Business Overview
9.15.5 Papaya Global Recent Developments
9.16 Universal Hires
9.16.1 Universal Hires Employer of Record Platform Basic Information
9.16.2 Universal Hires Employer of Record Platform Product Overview
9.16.3 Universal Hires Employer of Record Platform Product Market Performance
9.16.4 Universal Hires Business Overview
9.16.5 Universal Hires Recent Developments
9.17 CIIC
9.17.1 CIIC Employer of Record Platform Basic Information
9.17.2 CIIC Employer of Record Platform Product Overview
9.17.3 CIIC Employer of Record Platform Product Market Performance
9.17.4 CIIC Business Overview
9.17.5 CIIC Recent Developments
9.18 Links International
9.18.1 Links International Employer of Record Platform Basic Information
9.18.2 Links International Employer of Record Platform Product Overview
9.18.3 Links International Employer of Record Platform Product Market Performance
9.18.4 Links International Business Overview
9.18.5 Links International Recent Developments
9.19 New Horizons Global Partners
9.19.1 New Horizons Global Partners Employer of Record Platform Basic Information
9.19.2 New Horizons Global Partners Employer of Record Platform Product Overview
9.19.3 New Horizons Global Partners Employer of Record Platform Product Market Performance
9.19.4 New Horizons Global Partners Business Overview
9.19.5 New Horizons Global Partners Recent Developments
9.20 Sky Executive
9.20.1 Sky Executive Employer of Record Platform Basic Information
9.20.2 Sky Executive Employer of Record Platform Product Overview
9.20.3 Sky Executive Employer of Record Platform Product Market Performance
9.20.4 Sky Executive Business Overview
9.20.5 Sky Executive Recent Developments
10 Employer of Record Platform Regional Market Forecast
10.1 Global Employer of Record Platform Market Size Forecast
10.2 Global Employer of Record Platform Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Employer of Record Platform Market Size Forecast by Country
10.2.3 Asia Pacific Employer of Record Platform Market Size Forecast by Region
10.2.4 South America Employer of Record Platform Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Employer of Record Platform by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Employer of Record Platform Market Forecast by Type (2025-2030)
11.2 Global Employer of Record Platform Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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