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

HR & Payroll Software

Over the five years to 2018, the HR and Payroll Software industry has experienced robust growth, with revenue rising at an annualized rate of 6.7% to $7.7 billion. The industry has benefited from increased private investment in software and the trend for businesses to bring HR services in-house to cut costs. Over the five years to 2023, revenue for the HR and Payroll Software industry is forecast to increase at an annualized rate of 7.3% to $11.0 billion. The industry will benefit from increasing investment in software and widespread adoption of the SaaS business model.

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 (2018)
    • 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 (2018)
    • Table Major market segmentation (2018)
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major Players
    • Table Workday Inc. (US industry-specific segment) - financial performance*
    • Table Atomatic Data Processing Inc. (US industry-specific segment) - financial performance*
    • Table Intuit Inc. (US industry-specific segment) - financial performance*
    • Table Ultimate Software Group Inc. (US industry-specific segment) - 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

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