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 6% during 2022-2028. 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, application, distribution channel, 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 across different geographies.

Historical & Forecast Period

Base Year: 2021

Historical Period: 2017-2020

Forecast Period: 2022-2028

Market by Type 

• Fully managed
• Hybrid

Market by Size 

• National
• Mid-Size
• Multinational

Market by End-User 

• IT & Telecommunication
• Healthcare
• BFSI
• Public Sector
• 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
  • 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 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. National
6.3. Mid-Size
6.4. Multinational
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. 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), 2017-2021
Figure 2: Global Payroll Outsourcing Market by Type, 2021
Figure 3: Global Payroll Outsourcing Market by Size, 2021
Figure 4: Global Payroll Outsourcing Market by End-User, 2021
Figure 5: Global Payroll Outsourcing Market by Region, 2021
Figure 6: Global Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 7: Global Payroll Outsourcing Market by Type (in %), 2021 & 2028
Figure 8: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 9: Global Fully Managed Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 10: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 11: Global Hybrid Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 12: Global Payroll Outsourcing Market by Size (in %), 2021 & 2028
Figure 13: Global National Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 14: Global National Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 15: Global Mid-Size Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 16: Global Mid-Size Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 17: Global Multinational Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 18: Global Multinational Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 19: Global Payroll Outsourcing Market by End-User (in %), 2021 & 2028
Figure 20: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 21: Global IT & Telecommunication Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 22: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 23: Global Healthcare Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 24: Global BFSI Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 25: Global BFSI Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 26: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 27: Global Public Sector Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 28: Global Others Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 29: Global Others Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 30: Global Payroll Outsourcing Market by Region (in %), 2021 & 2028
Figure 31: Europe Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 32: Europe Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 33: Europe Payroll Outsourcing Market by Country (in %), 2021 & 2028
Figure 34: Germany Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 35: United Kingdom Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 36: France Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 37: Italy Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 38: Spain Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 39: Russia Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 40: Netherlands Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 41: North America Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 42: North America Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 43: North America Payroll Outsourcing Market by Country (in %), 2021 & 2028
Figure 44: United States Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 45: Canada Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 46: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 47: Asia Pacific Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 48: Asia Pacific Payroll Outsourcing Market by Country (in %), 2021 & 2028
Figure 49: China Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 50: Japan Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 51: India Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 52: South Korea Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 53: Australia Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 54: Indonesia Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 55: Latin America Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 56: Latin America Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 57: Latin America Payroll Outsourcing Market by Country (in %), 2021 & 2028
Figure 58: Mexico Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 59: Brazil Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 60: Argentina Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 61: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2017-2021
Figure 62: Middle East & Africa Payroll Outsourcing Market (in US$ Million), 2022-2028
Figure 63: Middle East & Africa Payroll Outsourcing Market by Country (in %), 2021 & 2028
Figure 64: Saudi Arabia Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 65: Turkey Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 66: Iran Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 67: UAE Payroll Outsourcing Market (in US$ Million), 2017-2028
Figure 68: Market Value Chain

List of Tables

Table 1: Global Payroll Outsourcing Market Portraiture
Table 2: Global Payroll Outsourcing Market by Type (in US$ Million), 2021 & 2028
Table 3: Global Payroll Outsourcing Market by Size (in US$ Million), 2021 & 2028
Table 4: Global Payroll Outsourcing Market by End-User (in US$ Million), 2021 & 2028
Table 5: Global Payroll Outsourcing Market by Region (in US$ Million), 2021 & 2028
Table 6: Europe Payroll Outsourcing Market by Country (in US$ Million), 2021 & 2028
Table 7: North America Payroll Outsourcing Market by Country (in US$ Million), 2021 & 2028
Table 8: Asia Pacific Payroll Outsourcing Market by Country (in US$ Million), 2021 & 2028
Table 9: Latin America Payroll Outsourcing Market by Country (in US$ Million), 2021 & 2028
Table 10: Middle East & Africa Payroll Outsourcing Market by Country (in US$ Million), 2021 & 2028
Table 11: List of Key Players