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Global HR Payroll Software Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 226
  • CATEGORY
  • Information Technology
The competitive landscape analysis of HR Payroll Software Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of HR Payroll Software Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

HR Payroll Software market is segmented by Company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global HR Payroll Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2022-2030.


Global HR Payroll Software Market: By Types
Employee Self-Service Software
Claims Reimbursement Software
Leave Management Software

Global HR Payroll Software Market: By Applications
Large Size Organizations
Medium and Small Size Organizations

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Global HR Payroll Software Market: Top Key Players
SAP
Oracle
Ultimate software
SumTotal Systems
Sage
Ascentis
SuccessFactors
Pay Focus
BambooHR
SumTotal Systems
Sage
UltiPro
Vibe HCM
Patriot Payroll
ADP


Global HR Payroll 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.

Reasons to Purchase HR Payroll Software Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• 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 with respect to 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 of 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

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: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global HR Payroll Software Market Size Growth Rate by Type: 2016 VS 2021 VS 2030
1.2.2 Employee Self-Service Software
1.2.3 Claims Reimbursement Software
1.2.4 Leave Management Software
1.3 Market by Application
1.3.1 Global HR Payroll Software Market Share by Application: 2016 VS 2021 VS 2030
1.3.2 Large Size Organizations
1.3.3 Medium and Small Size Organizations
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global HR Payroll Software Market Perspective (2016-2030)
2.2 HR Payroll Software Growth Trends by Regions
2.2.1 HR Payroll Software Market Size by Regions: 2016 VS 2021 VS 2030
2.2.2 HR Payroll Software Historic Market Share by Regions (2016-2021)
2.2.3 HR Payroll Software Forecasted Market Size by Regions (2022-2030)
2.3 HR Payroll Software Industry Dynamic
2.3.1 HR Payroll Software Market Trends
2.3.2 HR Payroll Software Market Drivers
2.3.3 HR Payroll Software Market Challenges
2.3.4 HR Payroll Software Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top HR Payroll Software Players by Revenue
3.1.1 Global Top HR Payroll Software Players by Revenue (2016-2021)
3.1.2 Global HR Payroll Software Revenue Market Share by Players (2016-2021)
3.2 Global HR Payroll Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by HR Payroll Software Revenue
3.4 Global HR Payroll Software Market Concentration Ratio
3.4.1 Global HR Payroll Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by HR Payroll Software Revenue in 2020
3.5 HR Payroll Software Key Players Head office and Area Served
3.6 Key Players HR Payroll Software Product Solution and Service
3.7 Date of Enter into HR Payroll Software Market
3.8 Mergers & Acquisitions, Expansion Plans

4 HR Payroll Software Breakdown Data by Type
4.1 Global HR Payroll Software Historic Market Size by Type (2016-2021)
4.2 Global HR Payroll Software Forecasted Market Size by Type (2022-2030)

5 HR Payroll Software Breakdown Data by Application
5.1 Global HR Payroll Software Historic Market Size by Application (2016-2021)
5.2 Global HR Payroll Software Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America HR Payroll Software Market Size (2016-2030)
6.2 North America HR Payroll Software Market Size by Type
6.2.1 North America HR Payroll Software Market Size by Type (2016-2021)
6.2.2 North America HR Payroll Software Market Size by Type (2022-2030)
6.2.3 North America HR Payroll Software Market Size by Type (2016-2030)
6.3 North America HR Payroll Software Market Size by Application
6.3.1 North America HR Payroll Software Market Size by Application (2016-2021)
6.3.2 North America HR Payroll Software Market Size by Application (2022-2030)
6.3.3 North America HR Payroll Software Market Size by Application (2016-2030)
6.4 North America HR Payroll Software Market Size by Country
6.4.1 North America HR Payroll Software Market Size by Country (2016-2021)
6.4.2 North America HR Payroll Software Market Size by Country (2022-2030)
6.4.3 United States
6.4.3 Canada

7 Europe
7.1 Europe HR Payroll Software Market Size (2016-2030)
7.2 Europe HR Payroll Software Market Size by Type
7.2.1 Europe HR Payroll Software Market Size by Type (2016-2021)
7.2.2 Europe HR Payroll Software Market Size by Type (2022-2030)
7.2.3 Europe HR Payroll Software Market Size by Type (2016-2030)
7.3 Europe HR Payroll Software Market Size by Application
7.3.1 Europe HR Payroll Software Market Size by Application (2016-2021)
7.3.2 Europe HR Payroll Software Market Size by Application (2022-2030)
7.3.3 Europe HR Payroll Software Market Size by Application (2016-2030)
7.4 Europe HR Payroll Software Market Size by Country
7.4.1 Europe HR Payroll Software Market Size by Country (2016-2021)
7.4.2 Europe HR Payroll Software Market Size by Country (2022-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic

8 Asia-Pacific
8.1 Asia-Pacific HR Payroll Software Market Size (2016-2030)
8.2 Asia-Pacific HR Payroll Software Market Size by Type
8.2.1 Asia-Pacific HR Payroll Software Market Size by Type (2016-2021)
8.2.2 Asia-Pacific HR Payroll Software Market Size by Type (2022-2030)
8.2.3 Asia-Pacific HR Payroll Software Market Size by Type (2016-2030)
8.3 Asia-Pacific HR Payroll Software Market Size by Application
8.3.1 Asia-Pacific HR Payroll Software Market Size by Application (2016-2021)
8.3.2 Asia-Pacific HR Payroll Software Market Size by Application (2022-2030)
8.3.3 Asia-Pacific HR Payroll Software Market Size by Application (2016-2030)
8.4 Asia-Pacific HR Payroll Software Market Size by Region
8.4.1 Asia-Pacific HR Payroll Software Market Size by Region (2016-2021)
8.4.2 Asia-Pacific HR Payroll Software Market Size by Region (2022-2030)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia

9 Latin America
9.1 Latin America HR Payroll Software Market Size (2016-2030)
9.2 Latin America HR Payroll Software Market Size by Type
9.2.1 Latin America HR Payroll Software Market Size by Type (2016-2021)
9.2.2 Latin America HR Payroll Software Market Size by Type (2022-2030)
9.2.3 Latin America HR Payroll Software Market Size by Type (2016-2030)
9.3 Latin America HR Payroll Software Market Size by Application
9.3.1 Latin America HR Payroll Software Market Size by Application (2016-2021)
9.3.2 Latin America HR Payroll Software Market Size by Application (2022-2030)
9.3.3 Latin America HR Payroll Software Market Size by Application (2016-2030)
9.4 Latin America HR Payroll Software Market Size by Country
9.4.1 Latin America HR Payroll Software Market Size by Country (2016-2021)
9.4.2 Latin America HR Payroll Software Market Size by Country (2022-2030)
9.4.3 Mexico
9.4.4 Brazil

10 Middle East & Africa
10.1 Middle East & Africa HR Payroll Software Market Size (2016-2030)
10.2 Middle East & Africa HR Payroll Software Market Size by Type
10.2.1 Middle East & Africa HR Payroll Software Market Size by Type (2016-2021)
10.2.2 Middle East & Africa HR Payroll Software Market Size by Type (2022-2030)
10.2.3 Middle East & Africa HR Payroll Software Market Size by Type (2016-2030)
10.3 Middle East & Africa HR Payroll Software Market Size by Application
10.3.1 Middle East & Africa HR Payroll Software Market Size by Application (2016-2021)
10.3.2 Middle East & Africa HR Payroll Software Market Size by Application (2022-2030)
10.3.3 Middle East & Africa HR Payroll Software Market Size by Application (2016-2030)
10.4 Middle East & Africa HR Payroll Software Market Size by Country
10.4.1 Middle East & Africa HR Payroll Software Market Size by Country (2016-2021)
10.4.2 Middle East & Africa HR Payroll Software Market Size by Country (2022-2030)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE

11 Key Players Profiles
11.1 SAP
11.1.1 SAP Company Details
11.1.2 SAP Business Overview
11.1.3 SAP HR Payroll Software Introduction
11.1.4 SAP Revenue in HR Payroll Software Business (2016-2021)
11.1.5 SAP Recent Development
11.2 Oracle
11.2.1 Oracle Company Details
11.2.2 Oracle Business Overview
11.2.3 Oracle HR Payroll Software Introduction
11.2.4 Oracle Revenue in HR Payroll Software Business (2016-2021)
11.2.5 Oracle Recent Development
11.3 Ultimate software
11.3.1 Ultimate software Company Details
11.3.2 Ultimate software Business Overview
11.3.3 Ultimate software HR Payroll Software Introduction
11.3.4 Ultimate software Revenue in HR Payroll Software Business (2016-2021)
11.3.5 Ultimate software Recent Development
11.4 SumTotal Systems
11.4.1 SumTotal Systems Company Details
11.4.2 SumTotal Systems Business Overview
11.4.3 SumTotal Systems HR Payroll Software Introduction
11.4.4 SumTotal Systems Revenue in HR Payroll Software Business (2016-2021)
11.4.5 SumTotal Systems Recent Development
11.5 Sage
11.5.1 Sage Company Details
11.5.2 Sage Business Overview
11.5.3 Sage HR Payroll Software Introduction
11.5.4 Sage Revenue in HR Payroll Software Business (2016-2021)
11.5.5 Sage Recent Development
11.6 Ascentis
11.6.1 Ascentis Company Details
11.6.2 Ascentis Business Overview
11.6.3 Ascentis HR Payroll Software Introduction
11.6.4 Ascentis Revenue in HR Payroll Software Business (2016-2021)
11.6.5 Ascentis Recent Development
11.7 SuccessFactors
11.7.1 SuccessFactors Company Details
11.7.2 SuccessFactors Business Overview
11.7.3 SuccessFactors HR Payroll Software Introduction
11.7.4 SuccessFactors Revenue in HR Payroll Software Business (2016-2021)
11.7.5 SuccessFactors Recent Development
11.8 Pay Focus
11.8.1 Pay Focus Company Details
11.8.2 Pay Focus Business Overview
11.8.3 Pay Focus HR Payroll Software Introduction
11.8.4 Pay Focus Revenue in HR Payroll Software Business (2016-2021)
11.8.5 Pay Focus Recent Development
11.9 BambooHR
11.9.1 BambooHR Company Details
11.9.2 BambooHR Business Overview
11.9.3 BambooHR HR Payroll Software Introduction
11.9.4 BambooHR Revenue in HR Payroll Software Business (2016-2021)
11.9.5 BambooHR Recent Development
11.10 Intruit
11.10.1 Intruit Company Details
11.10.2 Intruit Business Overview
11.10.3 Intruit HR Payroll Software Introduction
11.10.4 Intruit Revenue in HR Payroll Software Business (2016-2021)
11.10.5 Intruit Recent Development
11.11 Halogen Software
11.11.1 Halogen Software Company Details
11.11.2 Halogen Software Business Overview
11.11.3 Halogen Software HR Payroll Software Introduction
11.11.4 Halogen Software Revenue in HR Payroll Software Business (2016-2021)
11.11.5 Halogen Software Recent Development
11.12 UltiPro
11.12.1 UltiPro Company Details
11.12.2 UltiPro Business Overview
11.12.3 UltiPro HR Payroll Software Introduction
11.12.4 UltiPro Revenue in HR Payroll Software Business (2016-2021)
11.12.5 UltiPro Recent Development
11.13 Vibe HCM
11.13.1 Vibe HCM Company Details
11.13.2 Vibe HCM Business Overview
11.13.3 Vibe HCM HR Payroll Software Introduction
11.13.4 Vibe HCM Revenue in HR Payroll Software Business (2016-2021)
11.13.5 Vibe HCM Recent Development
11.14 Patriot Payroll
11.14.1 Patriot Payroll Company Details
11.14.2 Patriot Payroll Business Overview
11.14.3 Patriot Payroll HR Payroll Software Introduction
11.14.4 Patriot Payroll Revenue in HR Payroll Software Business (2016-2021)
11.14.5 Patriot Payroll Recent Development
11.15 ADP
11.15.1 ADP Company Details
11.15.2 ADP Business Overview
11.15.3 ADP HR Payroll Software Introduction
11.15.4 ADP Revenue in HR Payroll Software Business (2016-2021)
11.15.5 ADP Recent Development
11.16 Epicore
11.16.1 Epicore Company Details
11.16.2 Epicore Business Overview
11.16.3 Epicore HR Payroll Software Introduction
11.16.4 Epicore Revenue in HR Payroll Software Business (2016-2021)
11.16.5 Epicore Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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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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