This IDC study examines the payroll applications market for the period from 2010 to 2012. Worldwide market sizing is provided for 2012, with trends from 2010. A five-year forecast for this market is shown for 2013–2017. Revenue and market share of the leading vendors are provided for 2012.
"The payroll accounting applications market grew slightly worldwide in 2012 as the solid growth in the Americas and Asia/Pacific was offset by the flat market in EMEA. However, major software companies such as SAP, Oracle, Sage, Microsoft, and Workday continue to update their payroll offerings with new products, additional country availability, and updated features, while IDC also expects to see new entrants into the payroll accounting applications market as the move to the cloud continues to lower the barriers to entry in the overall enterprise applications market," says Christine Dover, research director, Enterprise Applications and Digital Commerce.