Payroll Outsourcing Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global payroll outsourcing market is expected to grow at a CAGR of around 4.8% during 2025-2034. This report on global payroll outsourcing 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 payroll outsourcing market by segmenting the market based on type, size, end user and region. Also, detailed profiles of companies operating in the payroll outsourcing market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Demand for Payroll Cost Visibility
• Increasing Adoption of Cloud-Based Digital Payroll
Market Challenges
• Setting Up Standard Procedure for Payroll Services
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Fully Managed
• Hybrid
Market by Size
• Small Business
• Medium Business
• Large Business
Market by End-User
• IT & Telecommunication
• Healthcare
• BFSI
• Public Sector
• Consumer and Industrial Products
• Others
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
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 Payroll Outsourcing Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Payroll Outsourcing Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Payroll Outsourcing Market by Type
- 5.1. Introduction
- 5.2. Fully Manged
- 5.3. Hybrid
- 6. Global Payroll Outsourcing Market by Size
- 6.1. Introduction
- 6.2. Small Business
- 6.3. Medium Business
- 6.4. Large Business
- 7. Global Payroll Outsourcing Market by End-User
- 7.1. Introduction
- 7.2. IT & Telecommunication
- 7.3. Healthcare
- 7.4. BFSI
- 7.5. Public Sector
- 7.6. Consumer and Industrial Products
- 7.7. Others
- 8. Global Payroll Outsourcing 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. Accenture PLC
- 12.2.2. Automatic Data Processing (ADP)
- 12.2.3. Cegedim Services Resources Humaines SA
- 12.2.4. CGI Group, Inc.
- 12.2.5. Deloitte Touche Tohmatsu Limited
- 12.2.6. Excellerate HRO
- 12.2.7. Hewlett Packard Enterprise (HPE)
- 12.2.8. Infosys Limited
- 12.2.9. International Business Machines (IBM)
- 12.2.10. IRIS Software Group Limited
- 12.2.11. NGA Human Resources
- 12.2.12. Paychex, Inc.
- 12.2.13. Ramco Systems Limited
- 12.2.14. Safeguard World International
- 12.2.15. Wipro Limited
- 12.2.16. Workday, Inc.
- 12.2.17. Xerox Holdings Corporation
- List of Figures
- Figure 1: Global Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 2: Global Payroll Outsourcing Market by Type, 2024
- Figure 3: Global Payroll Outsourcing Market by Size, 2024
- Figure 4: Global Payroll Outsourcing Market by End-User, 2024
- Figure 5: Global Payroll Outsourcing Market by Region, 2024
- Figure 6: Global Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 7: Global Payroll Outsourcing Market by Type (in %), 2024 & 2034
- Figure 8: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 9: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 10: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 11: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 12: Global Payroll Outsourcing Market by Size (in %), 2024 & 2034
- Figure 13: Global Small Business Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 14: Global Small Business Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 15: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 16: Global Medium Business Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 17: Global Large Business Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 18: Global Large Business Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 19: Global Payroll Outsourcing Market by End-User (in %), 2024 & 2034
- Figure 20: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 21: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 22: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 23: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 24: Global BFSI Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 25: Global BFSI Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 26: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 27: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 28: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 29: Global Consumer and Industrial Products Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 30: Global Others Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 31: Global Others Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 32: Global Payroll Outsourcing Market by Region (in %), 2024 & 2034
- Figure 33: Europe Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 34: Europe Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 35: Europe Payroll Outsourcing Market by Country (in %), 2024 & 2034
- Figure 36: Germany Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 37: United Kingdom Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 38: France Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 39: Italy Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 40: Spain Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 41: Russia Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 42: Netherlands Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 43: North America Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 44: North America Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 45: North America Payroll Outsourcing Market by Country (in %), 2024 & 2034
- Figure 46: United States Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 47: Canada Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 48: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 49: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 50: Asia Pacific Payroll Outsourcing Market by Country (in %), 2024 & 2034
- Figure 51: China Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 52: Japan Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 53: India Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 54: South Korea Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 55: Australia Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 56: Indonesia Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 57: Latin America Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 58: Latin America Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 59: Latin America Payroll Outsourcing Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 61: Brazil Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 62: Argentina Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 63: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2020-2024
- Figure 64: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2025-2034
- Figure 65: Middle East & Africa Payroll Outsourcing Market by Country (in %), 2024 & 2034
- Figure 66: Saudi Arabia Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 67: Turkey Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 68: Iran Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 69: UAE Payroll Outsourcing Market (in US$ Million), 2020-2034
- Figure 70: Market Value Chain
- List of Tables
- Table 1: Global Payroll Outsourcing Market Portraiture
- Table 2: Global Payroll Outsourcing Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Payroll Outsourcing Market by Size (in US$ Million), 2024 & 2034
- Table 4: Global Payroll Outsourcing Market by End-User (in US$ Million), 2024 & 2034
- Table 5: Global Payroll Outsourcing Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Payroll Outsourcing Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Payroll Outsourcing Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Payroll Outsourcing Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Payroll Outsourcing Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Payroll Outsourcing Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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