Global Employer of Record Services Market Size, Status and Forecast 2022-2028
Summary
Market Analysis and Insights: Global Employer of Record Services Market
The global Employer of Record Services market size is projected to reach US$ 6602.64 million by 2028, from US$ 4299.12 million in 2021, at a CAGR of 6.8% during 2022-2028.
Fully considering the economic change by this health crisis, Aggregator Model accounting for 67.55% of the Employer of Record Services global market in 2021, is projected to value US$ 4616.76 million by 2028, growing at a revised 7.31% CAGR in the post-COVID-19 period (2022-2028). Employer of Record customers include SMEs and Large Enterprises. SMEs accounting 69.75% market share in terms of revenue in 2021.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Employer of Record Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Employer of Record Services market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Employer of Record Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Employer of Record Services market.
Global Employer of Record Services Scope and Market Size
Employer of Record Services market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Employer of Record Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
Adecco
Randstad
Aquent
FoxHire
Infotree Global
Safeguard Global
Velocity Global
Globalization Partners
Shield GEO
Acumen International
Remote Team (Gusto)
Deel
Remote Technology
Elements Global Services
Papaya Global
Universal Hires
CIIC
Links International
New Horizons Global Partners
Sky Executive
Segment by Type
Aggregator Model
Wholly Owned Infrastructure Model
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
- 1 REPORT OVERVIEW
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Employer of Record Services Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
- 1.2.2 Aggregator Model
- 1.2.3 Wholly Owned Infrastructure Model
- 1.3 Market by Application
- 1.3.1 Global Employer of Record Services Market Share by Application: 2017 VS 2021 VS 2028
- 1.3.2 SMEs
- 1.3.3 Large Enterprises
- 1.4 Study Objectives
- 1.5 Years Considered
- 2 GLOBAL GROWTH TRENDS
- 2.1 Global Employer of Record Services Market Perspective (2017-2028)
- 2.2 Employer of Record Services Growth Trends by Region
- 2.2.1 Employer of Record Services Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Employer of Record Services Historic Market Size by Region (2017-2022)
- 2.2.3 Employer of Record Services Forecasted Market Size by Region (2023-2028)
- 2.3 Employer of Record Services Market Dynamics
- 2.3.1 Employer of Record Services Industry Trends
- 2.3.2 Employer of Record Services Market Drivers
- 2.3.3 Employer of Record Services Market Challenges
- 2.3.4 Employer of Record Services Market Restraints
- 3 COMPETITION LANDSCAPE BY KEY PLAYERS
- 3.1 Global Top Employer of Record Services Players by Revenue
- 3.1.1 Global Top Employer of Record Services Players by Revenue (2017-2022)
- 3.1.2 Global Employer of Record Services Revenue Market Share by Players (2017-2022)
- 3.2 Global Employer of Record Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Employer of Record Services Revenue
- 3.4 Global Employer of Record Services Market Concentration Ratio
- 3.4.1 Global Employer of Record Services Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Employer of Record Services Revenue in 2021
- 3.5 Employer of Record Services Key Players Head office and Area Served
- 3.6 Key Players Employer of Record Services Product Solution and Service
- 3.7 Date of Enter into Employer of Record Services Market
- 3.8 Mergers & Acquisitions, Expansion Plans
- 4 EMPLOYER OF RECORD SERVICES BREAKDOWN DATA BY TYPE
- 4.1 Global Employer of Record Services Historic Market Size by Type (2017-2022)
- 4.2 Global Employer of Record Services Forecasted Market Size by Type (2023-2028)
- 5 EMPLOYER OF RECORD SERVICES BREAKDOWN DATA BY APPLICATION
- 5.1 Global Employer of Record Services Historic Market Size by Application (2017-2022)
- 5.2 Global Employer of Record Services Forecasted Market Size by Application (2023-2028)
- 6 NORTH AMERICA
- 6.1 North America Employer of Record Services Market Size (2017-2028)
- 6.2 North America Employer of Record Services Market Size by Type
- 6.2.1 North America Employer of Record Services Market Size by Type (2017-2022)
- 6.2.2 North America Employer of Record Services Market Size by Type (2023-2028)
- 6.2.3 North America Employer of Record Services Market Share by Type (2017-2028)
- 6.3 North America Employer of Record Services Market Size by Application
- 6.3.1 North America Employer of Record Services Market Size by Application (2017-2022)
- 6.3.2 North America Employer of Record Services Market Size by Application (2023-2028)
- 6.3.3 North America Employer of Record Services Market Share by Application (2017-2028)
- 6.4 North America Employer of Record Services Market Size by Country
- 6.4.1 North America Employer of Record Services Market Size by Country (2017-2022)
- 6.4.2 North America Employer of Record Services Market Share by Country (2023-2028)
- 6.4.3 United States
- 6.4.4 Canada
- 7 EUROPE
- 7.1 Europe Employer of Record Services Market Size (2017-2028)
- 7.2 Europe Employer of Record Services Market Size by Type
- 7.2.1 Europe Employer of Record Services Market Size by Type (2017-2022)
- 7.2.2 Europe Employer of Record Services Market Size by Type (2023-2028)
- 7.2.3 Europe Employer of Record Services Market Share by Type (2017-2028)
- 7.3 Europe Employer of Record Services Market Size by Application
- 7.3.1 Europe Employer of Record Services Market Size by Application (2017-2022)
- 7.3.2 Europe Employer of Record Services Market Size by Application (2023-2028)
- 7.3.3 Europe Employer of Record Services Market Share by Application (2017-2028)
- 7.4 Europe Employer of Record Services Market Size by Country
- 7.4.1 Europe Employer of Record Services Market Size by Country (2017-2022)
- 7.4.2 Europe Employer of Record Services Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 8 ASIA-PACIFIC
- 8.1 Asia-Pacific Employer of Record Services Market Size (2017-2028)
- 8.2 Asia-Pacific Employer of Record Services Market Size by Type
- 8.2.1 Asia-Pacific Employer of Record Services Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific Employer of Record Services Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific Employer of Record Services Market Share by Type (2017-2028)
- 8.3 Asia-Pacific Employer of Record Services Market Size by Application
- 8.3.1 Asia-Pacific Employer of Record Services Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Employer of Record Services Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Employer of Record Services Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Employer of Record Services Market Size by Region
- 8.4.1 Asia-Pacific Employer of Record Services Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Employer of Record Services Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
- 9 LATIN AMERICA
- 9.1 Latin America Employer of Record Services Market Size (2017-2028)
- 9.2 Latin America Employer of Record Services Market Size by Type
- 9.2.1 Latin America Employer of Record Services Market Size by Type (2017-2022)
- 9.2.2 Latin America Employer of Record Services Market Size by Type (2023-2028)
- 9.2.3 Latin America Employer of Record Services Market Share by Type (2017-2028)
- 9.3 Latin America Employer of Record Services Market Size by Application
- 9.3.1 Latin America Employer of Record Services Market Size by Application (2017-2022)
- 9.3.2 Latin America Employer of Record Services Market Size by Application (2023-2028)
- 9.3.3 Latin America Employer of Record Services Market Share by Application (2017-2028)
- 9.4 Latin America Employer of Record Services Market Size by Country
- 9.4.1 Latin America Employer of Record Services Market Size by Country (2017-2022)
- 9.4.2 Latin America Employer of Record Services Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
- 10 MIDDLE EAST & AFRICA
- 10.1 Middle East & Africa Employer of Record Services Market Size (2017-2028)
- 10.2 Middle East & Africa Employer of Record Services Market Size by Type
- 10.2.1 Middle East & Africa Employer of Record Services Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa Employer of Record Services Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa Employer of Record Services Market Share by Type (2017-2028)
- 10.3 Middle East & Africa Employer of Record Services Market Size by Application
- 10.3.1 Middle East & Africa Employer of Record Services Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Employer of Record Services Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Employer of Record Services Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Employer of Record Services Market Size by Country
- 10.4.1 Middle East & Africa Employer of Record Services Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Employer of Record Services Market Size by Country (2023-2028)
- 10.4.3 Saudi Arabia
- 10.4.4 UAE
- 10.4.5 Egypt
- 10.4.6 South Africa
- 11 KEY PLAYERS PROFILES
- 11.1 Adecco
- 11.1.1 Adecco Company Details
- 11.1.2 Adecco Business Overview
- 11.1.3 Adecco Employer of Record Services Introduction
- 11.1.4 Adecco Revenue in Employer of Record Services Business (2017-2022)
- 11.1.5 Adecco Recent Development
- 11.2 Randstad
- 11.2.1 Randstad Company Details
- 11.2.2 Randstad Business Overview
- 11.2.3 Randstad Employer of Record Services Introduction
- 11.2.4 Randstad Revenue in Employer of Record Services Business (2017-2022)
- 11.2.5 Randstad Recent Development
- 11.3 Aquent
- 11.3.1 Aquent Company Details
- 11.3.2 Aquent Business Overview
- 11.3.3 Aquent Employer of Record Services Introduction
- 11.3.4 Aquent Revenue in Employer of Record Services Business (2017-2022)
- 11.3.5 Aquent Recent Development
- 11.4 FoxHire
- 11.4.1 FoxHire Company Details
- 11.4.2 FoxHire Business Overview
- 11.4.3 FoxHire Employer of Record Services Introduction
- 11.4.4 FoxHire Revenue in Employer of Record Services Business (2017-2022)
- 11.4.5 FoxHire Recent Development
- 11.5 Infotree Global
- 11.5.1 Infotree Global Company Details
- 11.5.2 Infotree Global Business Overview
- 11.5.3 Infotree Global Employer of Record Services Introduction
- 11.5.4 Infotree Global Revenue in Employer of Record Services Business (2017-2022)
- 11.5.5 Infotree Global Recent Development
- 11.6 Safeguard Global
- 11.6.1 Safeguard Global Company Details
- 11.6.2 Safeguard Global Business Overview
- 11.6.3 Safeguard Global Employer of Record Services Introduction
- 11.6.4 Safeguard Global Revenue in Employer of Record Services Business (2017-2022)
- 11.6.5 Safeguard Global Recent Development
- 11.7 Velocity Global
- 11.7.1 Velocity Global Company Details
- 11.7.2 Velocity Global Business Overview
- 11.7.3 Velocity Global Employer of Record Services Introduction
- 11.7.4 Velocity Global Revenue in Employer of Record Services Business (2017-2022)
- 11.7.5 Velocity Global Recent Development
- 11.8 Globalization Partners
- 11.8.1 Globalization Partners Company Details
- 11.8.2 Globalization Partners Business Overview
- 11.8.3 Globalization Partners Employer of Record Services Introduction
- 11.8.4 Globalization Partners Revenue in Employer of Record Services Business (2017-2022)
- 11.8.5 Globalization Partners Recent Development
- 11.9 Shield GEO
- 11.9.1 Shield GEO Company Details
- 11.9.2 Shield GEO Business Overview
- 11.9.3 Shield GEO Employer of Record Services Introduction
- 11.9.4 Shield GEO Revenue in Employer of Record Services Business (2017-2022)
- 11.9.5 Shield GEO Recent Development
- 11.10 Acumen International
- 11.10.1 Acumen International Company Details
- 11.10.2 Acumen International Business Overview
- 11.10.3 Acumen International Employer of Record Services Introduction
- 11.10.4 Acumen International Revenue in Employer of Record Services Business (2017-2022)
- 11.10.5 Acumen International Recent Development
- 11.11 Remote Team (Gusto)
- 11.11.1 Remote Team (Gusto) Company Details
- 11.11.2 Remote Team (Gusto) Business Overview
- 11.11.3 Remote Team (Gusto) Employer of Record Services Introduction
- 11.11.4 Remote Team (Gusto) Revenue in Employer of Record Services Business (2017-2022)
- 11.11.5 Remote Team (Gusto) Recent Development
- 11.12 Deel
- 11.12.1 Deel Company Details
- 11.12.2 Deel Business Overview
- 11.12.3 Deel Employer of Record Services Introduction
- 11.12.4 Deel Revenue in Employer of Record Services Business (2017-2022)
- 11.12.5 Deel Recent Development
- 11.13 Remote Technology
- 11.13.1 Remote Technology Company Details
- 11.13.2 Remote Technology Business Overview
- 11.13.3 Remote Technology Employer of Record Services Introduction
- 11.13.4 Remote Technology Revenue in Employer of Record Services Business (2017-2022)
- 11.13.5 Remote Technology Recent Development
- 11.14 Elements Global Services
- 11.14.1 Elements Global Services Company Details
- 11.14.2 Elements Global Services Business Overview
- 11.14.3 Elements Global Services Employer of Record Services Introduction
- 11.14.4 Elements Global Services Revenue in Employer of Record Services Business (2017-2022)
- 11.14.5 Elements Global Services Recent Development
- 11.15 Papaya Global
- 11.15.1 Papaya Global Company Details
- 11.15.2 Papaya Global Business Overview
- 11.15.3 Papaya Global Employer of Record Services Introduction
- 11.15.4 Papaya Global Revenue in Employer of Record Services Business (2017-2022)
- 11.15.5 Papaya Global Recent Development
- 11.16 Universal Hires
- 11.16.1 Universal Hires Company Details
- 11.16.2 Universal Hires Business Overview
- 11.16.3 Universal Hires Employer of Record Services Introduction
- 11.16.4 Universal Hires Revenue in Employer of Record Services Business (2017-2022)
- 11.16.5 Universal Hires Recent Development
- 11.17 CIIC
- 11.17.1 CIIC Company Details
- 11.17.2 CIIC Business Overview
- 11.17.3 CIIC Employer of Record Services Introduction
- 11.17.4 CIIC Revenue in Employer of Record Services Business (2017-2022)
- 11.17.5 CIIC Recent Development
- 11.18 Links International
- 11.18.1 Links International Company Details
- 11.18.2 Links International Business Overview
- 11.18.3 Links International Employer of Record Services Introduction
- 11.18.4 Links International Revenue in Employer of Record Services Business (2017-2022)
- 11.18.5 Links International Recent Development
- 11.19 New Horizons Global Partners
- 11.19.1 New Horizons Global Partners Company Details
- 11.19.2 New Horizons Global Partners Business Overview
- 11.19.3 New Horizons Global Partners Employer of Record Services Introduction
- 11.19.4 New Horizons Global Partners Revenue in Employer of Record Services Business (2017-2022)
- 11.19.5 New Horizons Global Partners Recent Development
- 11.20 Sky Executive
- 11.20.1 Sky Executive Company Details
- 11.20.2 Sky Executive Business Overview
- 11.20.3 Sky Executive Employer of Record Services Introduction
- 11.20.4 Sky Executive Revenue in Employer of Record Services Business (2017-2022)
- 11.20.5 Sky Executive Recent Development
- 12 ANALYST'S VIEWPOINTS/CONCLUSIONS
- 13 APPENDIX
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Disclaimer
- 13.3 Author Details
- List of Tables
- Table 1. Global Employer of Record Services Market Size Growth Rate by Type (US$ Million): 2017 VS 2021 VS 2028
- Table 2. Key Players of Aggregator Model
- Table 3. Key Players of Wholly Owned Infrastructure Model
- Table 4. Global Employer of Record Services Market Size Growth by Application (US$ Million): 2017 VS 2021 VS 2028
- Table 5. Global Employer of Record Services Market Size by Region (US$ Million): 2017 VS 2021 VS 2028
- Table 6. Global Employer of Record Services Market Size by Region (2017-2022) & (US$ Million)
- Table 7. Global Employer of Record Services Market Share by Region (2017-2022)
- Table 8. Global Employer of Record Services Forecasted Market Size by Region (2023-2028) & (US$ Million)
- Table 9. Global Employer of Record Services Market Share by Region (2023-2028)
- Table 10. Employer of Record Services Market Trends
- Table 11. Employer of Record Services Market Drivers
- Table 12. Employer of Record Services Market Challenges
- Table 13. Employer of Record Services Market Restraints
- Table 14. Global Employer of Record Services Revenue by Players (2017-2022) & (US$ Million)
- Table 15. Global Employer of Record Services Market Share by Players (2017-2022)
- Table 16. Global Top Employer of Record Services Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Employer of Record Services as of 2021)
- Table 17. Ranking of Global Top Employer of Record Services Companies by Revenue (US$ Million) in 2021
- Table 18. Global 5 Largest Players Market Share by Employer of Record Services Revenue (CR5 and HHI) & (2017-2022)
- Table 19. Key Players Headquarters and Area Served
- Table 20. Key Players Employer of Record Services Product Solution and Service
- Table 21. Date of Enter into Employer of Record Services Market
- Table 22. Mergers & Acquisitions, Expansion Plans
- Table 23. Global Employer of Record Services Market Size by Type (2017-2022) & (US$ Million)
- Table 24. Global Employer of Record Services Revenue Market Share by Type (2017-2022)
- Table 25. Global Employer of Record Services Forecasted Market Size by Type (2023-2028) & (US$ Million)
- Table 26. Global Employer of Record Services Revenue Market Share by Type (2023-2028)
- Table 27. Global Employer of Record Services Market Size by Application (2017-2022) & (US$ Million)
- Table 28. Global Employer of Record Services Revenue Market Share by Application (2017-2022)
- Table 29. Global Employer of Record Services Forecasted Market Size by Application (2023-2028) & (US$ Million) 27