Cloud-Based Payroll Software

Cloud-Based Payroll Software

Global Cloud-Based Payroll Software Market to Reach $19.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Cloud-Based Payroll Software estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at aCAGR of 8.9% over the period 2020-2027. Large Enterprises, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$11.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the SMEs segment is readjusted to a revised 10.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 8.3% CAGR

The Cloud-Based Payroll Software market in the U.S. is estimated at US$3.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Select Competitors (Total 11 Featured) -

  • ADP LLC
  • IRIS Software Group Ltd.
  • Kronos, Inc.
  • Morneau Shepell Ltd.
  • Oracle Corporation
  • Paycom
  • Sage Group plc
  • Zenefits
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.


I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Cloud-based Payroll Software – Global Key Competitors Percentage Market Share in 2020 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Large Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 2: World 9-Year Perspective for Large Enterprises by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for SMEs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 4: World 9-Year Perspective for SMEs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 5: World Cloud-Based Payroll Software Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
TABLE 6: World Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 7: World 9-Year Perspective for Cloud-Based Payroll Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2019 & 2027
TABLE 8: World Recent Past, Current & Future Analysis for Public Sector by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 9: World 9-Year Perspective for Public Sector by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 10: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 11: World 9-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 12: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 13: World 9-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 14: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 15: World 9-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 16: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 17: World 9-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 18: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 19: World 9-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
TABLE 20: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 21: World 9-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
III. MARKET ANALYSIS
UNITED STATES
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2020 (E)
TABLE 22: USA Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 23: USA 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 24: USA Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 25: USA 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
CANADA
TABLE 26: Canada Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 27: Canada 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 28: Canada Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 29: Canada 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
JAPAN
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2020 (E)
TABLE 30: Japan Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 31: Japan 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 32: Japan Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 33: Japan 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
CHINA
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2020 (E)
TABLE 34: China Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 35: China 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 36: China Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 37: China 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
EUROPE
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2020 (E)
TABLE 38: Europe Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 39: Europe 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 40: Europe Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
TABLE 41: Europe 9-Year Perspective for Cloud-Based Payroll Software by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2019 & 2027
TABLE 42: Europe Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 43: Europe 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
FRANCE
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2020 (E)
TABLE 44: France Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 45: France 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 46: France Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 47: France 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
GERMANY
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2020 (E)
TABLE 48: Germany Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 49: Germany 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 50: Germany Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 51: Germany 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
ITALY
TABLE 52: Italy Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 53: Italy 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 54: Italy Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 55: Italy 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
UNITED KINGDOM
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2020 (E)
TABLE 56: UK Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 57: UK 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 58: UK Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 59: UK 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
REST OF EUROPE
TABLE 60: Rest of Europe Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 61: Rest of Europe 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 62: Rest of Europe Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 63: Rest of Europe 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
ASIA-PACIFIC
Cloud-Based Payroll Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2020 (E)
TABLE 64: Asia-Pacific Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 65: Asia-Pacific 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 66: Asia-Pacific Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 67: Asia-Pacific 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
REST OF WORLD
TABLE 68: Rest of World Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by End-Use - Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 69: Rest of World 9-Year Perspective for Cloud-Based Payroll Software by End-Use - Percentage Breakdown of Value Sales for Large Enterprises, SMEs, Public Sector, Manufacturing, IT & Telecom, BFSI, Retail, Healthcare and Other End-Uses for the Years 2019 & 2027
TABLE 70: Rest of World Recent Past, Current & Future Analysis for Cloud-Based Payroll Software by Organization Size - - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
TABLE 71: Rest of World 9-Year Perspective for Cloud-Based Payroll Software by Organization Size - Percentage Breakdown of Value Sales for for the Years 2019 & 2027
IV. COMPETITION

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings