Payroll Outsourcing Services Market 2018 Global Share, Trend, Segmentation and Forecast to 2021

“\”Payroll Outsourcing Services Market\””
The analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.



Global Payroll Outsourcing Services Market Presents “Global Payroll Outsourcing Services Market 2017-2021” New Document to its Studies Database. The Report Contain 70 Pages With Detailed Analysis.


Payroll outsourcing is the fastest-growing segment of the global human resource outsourcing (HRO) market. Organizations are rapidly adopting payroll services to achieve cost reduction. They either outsource a single process or the entire set of services to enhance the existing function. Most of the payroll outsourcing functions are related to finance and accounting (F&A), human capital management (HCM), and shared service centers. Organizations maintaining an in-house team for tasks such as payroll, time and attendance, workforce administration, and benefits administration spend 20% more than organizations that outsource the same functions.

The analysts forecast the global payroll outsourcing services market to grow at a CAGR of 5.56% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global payroll outsourcing services market for 2017-2021. To calculate the market size, the report considers the revenue generated from payroll services outsourced to third-party service providers.


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The market is divided into the following segments based on geography:
• Americas

The Global Payroll Outsourcing Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ceridian HCM
• NGA Human Resources
• Paychex

Other prominent vendors
• Accenture
• Caliber Point Business Solutions (Hexaware Technologies)
• CGI Group
• Genpact
• Hewlett Packard Enterprise Development
• Infosys
• Intuit
• Ramco Systems
• SafeGuard World International
• Workday

Market driver
• Increasing demand to standardize processes, technology, and governance.
• For a full, detailed list, view our report

Market challenge
• Issues related to geographical transition.
• For a full, detailed list, view our report

Market trend
• Rise of multicountry and centralized outsourcing models.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?


Complete Report Details


Table of Contents -Major Key Points

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Research Methodology 

PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Market overview
• Market size and forecast

PART 06: Five forces analysis
• Five forces analysis

PART 07: Market segmentation by product
• Hybrid
• Fully outsourced

PART 08: Market segmentation by end-user
• Mid-market
• National
• Multinational

PART 09: Geographical segmentation
• Americas

PART 10: Decision framework 

PART 11: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments

PART 12: Market trends
• Rise of multi-country and centralized outsourcing models
• Evolution of BPaaS
• Expansion of MNCs in South America
• Implementation of automation

PART 13: Vendor landscape
• Competitive scenario

PART 14: Key vendor profiles
• Ceridian HCM
• NGA Human Resources
• Paychex
• Other prominent vendors



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