Market Research Logo

HR & Payroll Software in the US - Industry Market Research Report

HR & Payroll Software

Over the five years to 2017, the HR and Payroll Software industry has experienced robust growth. The industry has benefited from increased private investment in software and the trend for businesses to bring HR services in-house to cut costs. As with most software industries, the biggest industry trend is the move toward cloud-based software as a service (SaaS) products. This transition to new software product offerings will continue over the next five years, promoting healthy growth for the industry. Over the five years to 2022, revenue for the HR and Payroll Software industry is forecast to continue increasing, albeit at a slightly lower rate than the previous period. The industry will benefit from increasing investment in software and widespread adoption of the SaaS business model. Still, some companies will return to outsourced HR and payroll providers as corporate profit increases.

This industry develops software for the purpose of human resource and payroll management. This service is provided online or through proprietary software.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Private investment in computers and software
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players
    • Table ADP (US industry-specific operations) - financial performance
    • Table Workday (US industry-relevant operations) - financial performance*
    • Table Ultimate Software - financial performance
    • Table Intuit Inc. (US employee management solutions) - financial performance*
    • Table Oracle (US industry-specifi c operations) - financial performance*
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs Growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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

Share this report