Cloud-Based Payroll Software Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global cloud-based payroll software market is expected to grow at a CAGR of around 8.4% during 2025-2034. This report on global cloud-based payroll software market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global cloud-based payroll software market by segmenting the market based on enterprise, deployments mode, industry and region. Also, detailed profiles of companies operating in the cloud-based payroll software market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Demand for AI-powered Payroll Solution
• Growing Number of SMEs
Market Challenges
• Privacy Concerns
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Enterprise
• Large Enterprises
• SMEs
Market by Deployment Mode
• Cloud
• On-premise
Market by End-User
• BFSI
• Retail
• Manufacturing
• Transportation and Logistics
• IT and Telecom
• Healthcare
• Other End-User Verticals
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Cloud-Based Payroll Software Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Cloud-Based Payroll Software Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Cloud-Based Payroll Software Market by Enterprise
- 5.1. Introduction
- 5.2. Large Enterprises
- 5.3. SMEs
- 6. Global Cloud-Based Payroll Software Market by Deployment Mode
- 6.1. Introduction
- 6.2. Cloud
- 6.3. On-premise
- 7. Global Cloud-Based Payroll Software Market by End-User
- 7.1. Introduction
- 7.2. BFSI
- 7.3. Retail
- 7.4. Manufacturing
- 7.5. Transportation and Logistics
- 7.6. IT and Telecom
- 7.7. Healthcare
- 7.8. Other End-User
- 8. Global Cloud-Based Payroll Software Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Ascentis HR Software
- 12.2.2. Cornerstone OnDemand Inc.
- 12.2.3. ELMO Software Ltd
- 12.2.4. Epicore Software
- 12.2.5. IRIS Software Group Ltd.
- 12.2.6. Kronos Incorporated
- 12.2.7. Oracle Corporation
- 12.2.8. Paycom Software Inc.
- 12.2.9. Sage Group
- 12.2.10. SAP SE
- 12.2.11. SumTotal Systems Inc.
- 12.2.12. Webscale
- 12.2.13. Zenefits Software
- List of Figures
- Figure 1: Global Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 2: Global Cloud-Based Payroll Software Market by Enterprise, 2024
- Figure 3: Global Cloud-Based Payroll Software Market by Deployment Mode, 2024
- Figure 4: Global Cloud-Based Payroll Software Market by Industry, 2024
- Figure 5: Global Cloud-Based Payroll Software Market by Region, 2024
- Figure 6: Global Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 7: Global Cloud-Based Payroll Software Market by Enterprise (in %), 2024 & 2034
- Figure 8: Global Large Enterprises Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 9: Global Large Enterprises Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 10: Global SMEs Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 11: Global SMEs Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 12: Global Cloud-Based Payroll Software Market by Deployment Mode (in %), 2024 & 2034
- Figure 13: Global Cloud Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 14: Global Cloud Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 15: Global On-premise Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 16: Global On-premise Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 17: Global Cloud-Based Payroll Software Market by End-User (in %), 2024 & 2034
- Figure 18: Global BFSI Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 19: Global BFSI Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 20: Global Retail Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 21: Global Retail Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 22: Global Manufacturing Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 23: Global Manufacturing Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 24: Global Transportation and Logistics Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 25: Global Transportation and Logistics Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 26: Global IT and Telecom Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 27: Global IT and Telecom Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 28: Global Healthcare Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 29: Global Healthcare Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 30: Global Other End-User Verticals Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 31: Global Other End-User Verticals Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 32: Global Cloud-Based Payroll Software Market by Region (in %), 2024 & 2034
- Figure 33: Europe Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 34: Europe Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 35: Europe Cloud-Based Payroll Software Market by Country (in %), 2024 & 2034
- Figure 36: Germany Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 38: France Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 39: Italy Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 40: Spain Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 41: Russia Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 43: North America Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 44: North America Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 45: North America Cloud-Based Payroll Software Market by Country (in %), 2024 & 2034
- Figure 46: United States Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 47: Canada Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Cloud-Based Payroll Software Market by Country (in %), 2024 & 2034
- Figure 51: China Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 52: Japan Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 53: India Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 54: South Korea Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 55: Australia Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 57: Latin America Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 58: Latin America Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 59: Latin America Cloud-Based Payroll Software Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 61: Brazil Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 62: Argentina Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Cloud-Based Payroll Software Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Cloud-Based Payroll Software Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Cloud-Based Payroll Software Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 67: Turkey Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 68: Iran Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 69: UAE Cloud-Based Payroll Software Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Cloud-Based Payroll Software Market Portraiture
- Table 2: Global Cloud-Based Payroll Software Market by Enterprise (in US$ Million), 2024 & 2034
- Table 3: Global Cloud-Based Payroll Software Market by Deployment Mode (in US$ Million), 2024 & 2034
- Table 4: Global Cloud-Based Payroll Software Market by End-User (in US$ Million), 2024 & 2034
- Table 5: Global Cloud-Based Payroll Software Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Cloud-Based Payroll Software Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Cloud-Based Payroll Software Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Cloud-Based Payroll Software Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Cloud-Based Payroll Software Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Cloud-Based Payroll Software Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
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