Global Payroll and HR Software Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 263
- CATEGORY
- Information Technology
The Payroll and HR Software market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Payroll and HR Software market. On the basis of historic growth analysis and current scenario of Payroll and HR Software market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Payroll and HR Software market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Payroll and HR Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Payroll and HR Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Payroll and HR Software Market: Major Players
ELMO Software
Mercans
Sleekr
New Horizons
Swingvy
Pulsifi
EmpowerHR (Fusion5)
ichris/Chris21(Frontier Software)
Ascender
weConnect
JobTech
Global Payroll and HR Software Market: By Types
On-premise
Cloud-based
Global Payroll and HR Software Market: By Applications
Small Business (SSB)
Small and Midsize Business (SMB)
Large Enterprise
Global Payroll and HR Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Payroll and HR Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Payroll and HR Software Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Payroll and HR Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Payroll and HR Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Payroll and HR Software Market: Major Players
ELMO Software
Mercans
Sleekr
New Horizons
Swingvy
Pulsifi
EmpowerHR (Fusion5)
ichris/Chris21(Frontier Software)
Ascender
weConnect
JobTech
Global Payroll and HR Software Market: By Types
On-premise
Cloud-based
Global Payroll and HR Software Market: By Applications
Small Business (SSB)
Small and Midsize Business (SMB)
Large Enterprise
Global Payroll and HR Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Payroll and HR Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Payroll and HR Software Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Payroll and HR Software Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Payroll and HR Software
1.3 Payroll and HR Software Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Payroll and HR Software Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Payroll and HR Software
1.4.2 Applications of Payroll and HR Software
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Payroll and HR Software Industry Trends
1.5.2 Payroll and HR Software Drivers
1.5.3 Payroll and HR Software Market Challenges
1.5.4 Payroll and HR Software Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Payroll and HR Software Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Payroll and HR Software Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Payroll and HR Software Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Payroll and HR Software
2.2.1 Major Players Manufacturing Base of Payroll and HR Software in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Payroll and HR Software Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Payroll and HR Software
2.3.3 Labor Cost of Payroll and HR Software
2.4 Market Channel Analysis of Payroll and HR Software
2.5 Major Down Stream Customers by Application
3 Global Payroll and HR Software Market, by Type
3.1 Global Payroll and HR Software Revenue and Market Share by Type (2016-2021)
3.2 Global Payroll and HR Software Production and Market Share by Type (2016-2021)
3.3 Global Payroll and HR Software Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Payroll and HR Software Revenue and Growth Rate of On-premise
3.3.2 Global Payroll and HR Software Revenue and Growth Rate of Cloud-based
3.4 Global Payroll and HR Software Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Payroll and HR Software Market, by Application
4.1 Downstream Market Overview
4.2 Global Payroll and HR Software Consumption and Market Share by Application (2016-2021)
4.3 Global Payroll and HR Software Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Payroll and HR Software Consumption and Growth Rate of Small Business (SSB) (2016-2021)
4.3.2 Global Payroll and HR Software Consumption and Growth Rate of Small and Midsize Business (SMB) (2016-2021)
4.3.3 Global Payroll and HR Software Consumption and Growth Rate of Large Enterprise (2016-2021)
5 Global Payroll and HR Software Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Payroll and HR Software Revenue and Market Share by Region (2016-2021)
5.2 Global Payroll and HR Software Consumption and Market Share by Region (2016-2021)
5.3 Global Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Payroll and HR Software Market Under COVID-19
5.4.2 North America Payroll and HR Software SWOT Analysis
5.5 Europe Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Payroll and HR Software Market Under COVID-19
5.5.2 Europe Payroll and HR Software SWOT Analysis
5.6 China Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Payroll and HR Software Market Under COVID-19
5.6.2 China Payroll and HR Software SWOT Analysis
5.7 Japan Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Payroll and HR Software Market Under COVID-19
5.7.2 Japan Payroll and HR Software SWOT Analysis
5.8 Middle East and Africa Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Payroll and HR Software Market Under COVID-19
5.8.2 Middle East and Africa Payroll and HR Software SWOT Analysis
5.9 India Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Payroll and HR Software Market Under COVID-19
5.9.2 India Payroll and HR Software SWOT Analysis
5.10 South America Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Payroll and HR Software Market Under COVID-19
5.10.2 South America Payroll and HR Software SWOT Analysis
5.11 South Korea Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Payroll and HR Software Market Under COVID-19
5.11.2 South Korea Payroll and HR Software SWOT Analysis
5.12 Southeast Asia Payroll and HR Software Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Payroll and HR Software Market Under COVID-19
5.12.2 Southeast Asia Payroll and HR Software SWOT Analysis
6 Global Payroll and HR Software Production by Top Regions (2016-2021)
6.1 Global Payroll and HR Software Production by Top Regions (2016-2021)
6.2 North America Payroll and HR Software Production and Growth Rate
6.3 Europe Payroll and HR Software Production and Growth Rate
6.4 China Payroll and HR Software Production and Growth Rate
6.5 Japan Payroll and HR Software Production and Growth Rate
6.6 India Payroll and HR Software Production and Growth Rate
7 Global Payroll and HR Software Consumption by Regions (2016-2021)
7.1 Global Payroll and HR Software Consumption by Regions (2016-2021)
7.2 North America Payroll and HR Software Consumption and Growth Rate
7.3 Europe Payroll and HR Software Consumption and Growth Rate
7.4 China Payroll and HR Software Consumption and Growth Rate
7.5 Japan Payroll and HR Software Consumption and Growth Rate
7.6 Middle East & Africa Payroll and HR Software Consumption and Growth Rate
7.7 India Payroll and HR Software Consumption and Growth Rate
7.8 South America Payroll and HR Software Consumption and Growth Rate
7.9 South Korea Payroll and HR Software Consumption and Growth Rate
7.10 Southeast Asia Payroll and HR Software Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 ELMO Software Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Payroll and HR Software Product Profiles, Application and Specification
8.2.3 ELMO Software Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Mercans Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Payroll and HR Software Product Profiles, Application and Specification
8.3.3 Mercans Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Sleekr Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Payroll and HR Software Product Profiles, Application and Specification
8.4.3 Sleekr Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 New Horizons Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Payroll and HR Software Product Profiles, Application and Specification
8.5.3 New Horizons Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Swingvy Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Payroll and HR Software Product Profiles, Application and Specification
8.6.3 Swingvy Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Pulsifi Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Payroll and HR Software Product Profiles, Application and Specification
8.7.3 Pulsifi Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 EmpowerHR (Fusion5) Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Payroll and HR Software Product Profiles, Application and Specification
8.8.3 EmpowerHR (Fusion5) Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 ichris/Chris21(Frontier Software) Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Payroll and HR Software Product Profiles, Application and Specification
8.9.3 ichris/Chris21(Frontier Software) Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Ascender Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Payroll and HR Software Product Profiles, Application and Specification
8.10.3 Ascender Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 weConnect Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Payroll and HR Software Product Profiles, Application and Specification
8.11.3 weConnect Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 JobTech Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Payroll and HR Software Product Profiles, Application and Specification
8.12.3 JobTech Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Payroll and HR Software Market Analysis and Forecast by Type and Application
9.1 Global Payroll and HR Software Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 On-premise Market Revenue and Volume Forecast (2021-2026)
9.1.2 Cloud-based Market Revenue and Volume Forecast (2021-2026)
9.2 Global Payroll and HR Software Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Small Business (SSB) Market Revenue and Volume Forecast (2021-2026)
9.2.2 Small and Midsize Business (SMB) Market Revenue and Volume Forecast (2021-2026)
9.2.3 Large Enterprise Market Revenue and Volume Forecast (2021-2026)
10 Payroll and HR Software Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Payroll and HR Software Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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