Global Enterprise Employer of Record (EOR) Solutions Market Growth (Status and Outlook) 2024-2030
Enterprise Employer of Record (EOR) solution allows companies to hire, onboard, and manage employees in multiple countries without having to establish a local entity. It manages all payroll-related tasks and compliance but leaves the supervision and work assignment to the sponsor organization. It also handles all the legal and administrative tasks associated with being an employer, like paying salaries, withholding taxes, managing benefits, and processing onboarding. Apart from helping companies avoid the hassle of setting up a local entity, this arrangement helps reduce legal risks and is also cost-effective as the fee paid to EOR may be lower than the costs of fully employing contractors directly. It is widely used by medium and large enterprises looking to expand into new markets. EOR differs from a Professional Employer Organization (PEO) in the sense that a PEO acts as a co-employer, while an EOR is the legal employer of an organization’s distributed workforce.
The global Enterprise Employer of Record (EOR) Solutions market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Enterprise Employer of Record (EOR) Solutions Industry Forecast” looks at past sales and reviews total world Enterprise Employer of Record (EOR) Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Enterprise Employer of Record (EOR) Solutions sales for 2023 through 2029. With Enterprise Employer of Record (EOR) Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enterprise Employer of Record (EOR) Solutions industry.
This Insight Report provides a comprehensive analysis of the global Enterprise Employer of Record (EOR) Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Enterprise Employer of Record (EOR) Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Enterprise Employer of Record (EOR) Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enterprise Employer of Record (EOR) Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Enterprise Employer of Record (EOR) Solutions.
United States market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Enterprise Employer of Record (EOR) Solutions players cover Multiplier, Horizons, G-P, Neeyamo, Mercans, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Enterprise Employer of Record (EOR) Solutions market by product type, application, key players and key regions and countries.
Segmentation by Type:
Cloud Based
On-premises
Segmentation by Application:
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Cloud Based
On-premises
Segmentation by Application:
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Multiplier
Horizons
G-P
Neeyamo
Mercans
Papaya Global
Links International
Safeguard Global
Atlas
BIPO
Deel
Mauve Group
Omnipresent
Oyster
Remote
Velocity Global
CXC Global
Global Expansion
Emerald Technology
Skuad
Please note: The report will take approximately 2 business days to prepare and deliver.