2020-2025 Global Payroll Services Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
This report elaborates the market size, market characteristics, and market growth of the Payroll Services industry, and breaks down according to the type, application, and consumption area of Payroll Services. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Payroll Services in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Payroll Services market covered in Chapter 13:
Ramco Systems
Paychex
ADP
Ceridian
NGA Human Resources
Paycom
BambooHR
Workday
Namely
Infosys BPM
OnPay
Sage
Gusto
Intuit
In Chapter 6, on the basis of types, the Payroll Services market from 2015 to 2025 is primarily split into:
Payroll & Bookkeeping Services
Tax Preparation Services
Other Accounting Services
In Chapter 7, on the basis of applications, the Payroll Services market from 2015 to 2025 covers:
SME
Large Enterprise
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Payroll Services Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Payroll Services Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Payroll Services Market Forces
3.1 Global Payroll Services Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Payroll Services Market - By Geography
4.1 Global Payroll Services Market Value and Market Share by Regions
4.1.1 Global Payroll Services Value ($) by Region (2015-2020)
4.1.2 Global Payroll Services Value Market Share by Regions (2015-2020)
4.2 Global Payroll Services Market Production and Market Share by Major Countries
4.2.1 Global Payroll Services Production by Major Countries (2015-2020)
4.2.2 Global Payroll Services Production Market Share by Major Countries (2015-2020)
4.3 Global Payroll Services Market Consumption and Market Share by Regions
4.3.1 Global Payroll Services Consumption by Regions (2015-2020)
4.3.2 Global Payroll Services Consumption Market Share by Regions (2015-2020)
5 Payroll Services Market - By Trade Statistics
5.1 Global Payroll Services Export and Import
5.2 United States Payroll Services Export and Import (2015-2020)
5.3 Europe Payroll Services Export and Import (2015-2020)
5.4 China Payroll Services Export and Import (2015-2020)
5.5 Japan Payroll Services Export and Import (2015-2020)
5.6 India Payroll Services Export and Import (2015-2020)
5.7
6 Payroll Services Market - By Type
6.1 Global Payroll Services Production and Market Share by Types (2015-2020)
6.1.1 Global Payroll Services Production by Types (2015-2020)
6.1.2 Global Payroll Services Production Market Share by Types (2015-2020)
6.2 Global Payroll Services Value and Market Share by Types (2015-2020)
6.2.1 Global Payroll Services Value by Types (2015-2020)
6.2.2 Global Payroll Services Value Market Share by Types (2015-2020)
6.3 Global Payroll Services Production, Price and Growth Rate of Payroll & Bookkeeping Services (2015-2020)
6.4 Global Payroll Services Production, Price and Growth Rate of Tax Preparation Services (2015-2020)
6.5 Global Payroll Services Production, Price and Growth Rate of Other Accounting Services (2015-2020)
7 Payroll Services Market - By Application
7.1 Global Payroll Services Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Payroll Services Consumption by Applications (2015-2020)
7.1.2 Global Payroll Services Consumption Market Share by Applications (2015-2020)
7.2 Global Payroll Services Consumption and Growth Rate of SME (2015-2020)
7.3 Global Payroll Services Consumption and Growth Rate of Large Enterprise (2015-2020)
8 North America Payroll Services Market
8.1 North America Payroll Services Market Size
8.2 United States Payroll Services Market Size
8.3 Canada Payroll Services Market Size
8.4 Mexico Payroll Services Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Payroll Services Market Analysis
9.1 Europe Payroll Services Market Size
9.2 Germany Payroll Services Market Size
9.3 United Kingdom Payroll Services Market Size
9.4 France Payroll Services Market Size
9.5 Italy Payroll Services Market Size
9.6 Spain Payroll Services Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Payroll Services Market Analysis
10.1 Asia-Pacific Payroll Services Market Size
10.2 China Payroll Services Market Size
10.3 Japan Payroll Services Market Size
10.4 South Korea Payroll Services Market Size
10.5 Southeast Asia Payroll Services Market Size
10.6 India Payroll Services Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Payroll Services Market Analysis
11.1 Middle East and Africa Payroll Services Market Size
11.2 Saudi Arabia Payroll Services Market Size
11.3 UAE Payroll Services Market Size
11.4 South Africa Payroll Services Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Payroll Services Market Analysis
12.1 South America Payroll Services Market Size
12.2 Brazil Payroll Services Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Ramco Systems
13.1.1 Ramco Systems Basic Information
13.1.2 Ramco Systems Product Profiles, Application and Specification
13.1.3 Ramco Systems Payroll Services Market Performance (2015-2020)
13.2 Paychex
13.2.1 Paychex Basic Information
13.2.2 Paychex Product Profiles, Application and Specification
13.2.3 Paychex Payroll Services Market Performance (2015-2020)
13.3 ADP
13.3.1 ADP Basic Information
13.3.2 ADP Product Profiles, Application and Specification
13.3.3 ADP Payroll Services Market Performance (2015-2020)
13.4 Ceridian
13.4.1 Ceridian Basic Information
13.4.2 Ceridian Product Profiles, Application and Specification
13.4.3 Ceridian Payroll Services Market Performance (2015-2020)
13.5 NGA Human Resources
13.5.1 NGA Human Resources Basic Information
13.5.2 NGA Human Resources Product Profiles, Application and Specification
13.5.3 NGA Human Resources Payroll Services Market Performance (2015-2020)
13.6 Paycom
13.6.1 Paycom Basic Information
13.6.2 Paycom Product Profiles, Application and Specification
13.6.3 Paycom Payroll Services Market Performance (2015-2020)
13.7 BambooHR
13.7.1 BambooHR Basic Information
13.7.2 BambooHR Product Profiles, Application and Specification
13.7.3 BambooHR Payroll Services Market Performance (2015-2020)
13.8 Workday
13.8.1 Workday Basic Information
13.8.2 Workday Product Profiles, Application and Specification
13.8.3 Workday Payroll Services Market Performance (2015-2020)
13.9 Namely
13.9.1 Namely Basic Information
13.9.2 Namely Product Profiles, Application and Specification
13.9.3 Namely Payroll Services Market Performance (2015-2020)
13.10 Infosys BPM
13.10.1 Infosys BPM Basic Information
13.10.2 Infosys BPM Product Profiles, Application and Specification
13.10.3 Infosys BPM Payroll Services Market Performance (2015-2020)
13.11 OnPay
13.11.1 OnPay Basic Information
13.11.2 OnPay Product Profiles, Application and Specification
13.11.3 OnPay Payroll Services Market Performance (2015-2020)
13.12 Sage
13.12.1 Sage Basic Information
13.12.2 Sage Product Profiles, Application and Specification
13.12.3 Sage Payroll Services Market Performance (2015-2020)
13.13 Gusto
13.13.1 Gusto Basic Information
13.13.2 Gusto Product Profiles, Application and Specification
13.13.3 Gusto Payroll Services Market Performance (2015-2020)
13.14 Intuit
13.14.1 Intuit Basic Information
13.14.2 Intuit Product Profiles, Application and Specification
13.14.3 Intuit Payroll Services Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Payroll Services Market Forecast (2020-2025)
14.2 Europe Payroll Services Market Forecast (2020-2025)
14.3 Asia-Pacific Payroll Services Market Forecast (2020-2025)
14.4 Middle East and Africa Payroll Services Market Forecast (2020-2025)
14.5 South America Payroll Services Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Payroll Services Market Forecast by Types (2020-2025)
15.1.1 Global Payroll Services Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Payroll Services Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Payroll Services Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Payroll Services Picture
Table Payroll Services Key Market Segments
Figure Study and Forecasting Years
Figure Global Payroll Services Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Payroll Services Value ($) and Growth Rate (2015-2020)
Table Global Payroll Services Value ($) by Countries (2015-2020)
Table Global Payroll Services Value Market Share by Regions (2015-2020)
Figure Global Payroll Services Value Market Share by Regions in 2019
Figure Global Payroll Services Production and Growth Rate (2015-2020)
Table Global Payroll Services Production by Major Countries (2015-2020)
Table Global Payroll Services Production Market Share by Major Countries (2015-2020)
Figure Global Payroll Services Production Market Share by Regions in 2019
Figure Global Payroll Services Consumption and Growth Rate (2015-2020)
Table Global Payroll Services Consumption by Regions (2015-2020)
Table Global Payroll Services Consumption Market Share by Regions (2015-2020)
Figure Global Payroll Services Consumption Market Share by Regions in 2019
Table Global Payroll Services Export Top 3 Country 2019
Table Global Payroll Services Import Top 3 Country 2019
Table United States Payroll Services Export and Import (2015-2020)
Table Europe Payroll Services Export and Import (2015-2020)
Table China Payroll Services Export and Import (2015-2020)
Table Japan Payroll Services Export and Import (2015-2020)
Table India Payroll Services Export and Import (2015-2020)
Table Global Payroll Services Production by Types (2015-2020)
Table Global Payroll Services Production Market Share by Types (2015-2020)
Figure Global Payroll Services Production Share by Type (2015-2020)
Table Global Payroll Services Value by Types (2015-2020)
Table Global Payroll Services Value Market Share by Types (2015-2020)
Figure Global Payroll Services Value Share by Type (2015-2020)
Figure Global Payroll & Bookkeeping Services Production and Growth Rate (2015-2020)
Figure Global Payroll & Bookkeeping Services Price (2015-2020)
Figure Global Tax Preparation Services Production and Growth Rate (2015-2020)
Figure Global Tax Preparation Services Price (2015-2020)
Figure Global Other Accounting Services Production and Growth Rate (2015-2020)
Figure Global Other Accounting Services Price (2015-2020)
Table Global Payroll Services Consumption by Applications (2015-2020)
Table Global Payroll Services Consumption Market Share by Applications (2015-2020)
Figure Global Payroll Services Consumption Share by Application (2015-2020)
Figure Global SME Consumption and Growth Rate (2015-2020)
Figure Global Large Enterprise Consumption and Growth Rate (2015-2020)
Figure North America Payroll Services Market Consumption and Growth Rate (2015-2020)
Table North America Payroll Services Consumption by Countries (2015-2020)
Table North America Payroll Services Consumption Market Share by Countries (2015-2020)
Figure North America Payroll Services Consumption Market Share by Countries (2015-2020)
Figure United States Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Canada Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Mexico Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Payroll Services Market Consumption and Growth Rate (2015-2020)
Table Europe Payroll Services Consumption by Countries (2015-2020)
Table Europe Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Europe Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Germany Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure France Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Italy Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Spain Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Payroll Services Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Payroll Services Consumption by Countries (2015-2020)
Table Asia-Pacific Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Payroll Services Consumption Market Share by Countries (2015-2020)
Figure China Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Japan Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure South Korea Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure India Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Payroll Services Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Payroll Services Consumption by Countries (2015-2020)
Table Middle East and Africa Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure UAE Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure South Africa Payroll Services Market Consumption and Growth Rate (2015-2020)
Figure South America Payroll Services Market Consumption and Growth Rate (2015-2020)
Table South America Payroll Services Consumption by Countries (2015-2020)
Table South America Payroll Services Consumption Market Share by Countries (2015-2020)
Figure South America Payroll Services Consumption Market Share by Countries (2015-2020)
Figure Brazil Payroll Services Market Consumption and Growth Rate (2015-2020)
Table Ramco Systems Company Profile
Table Ramco Systems Production, Value, Price, Gross Margin 2015-2020
Figure Ramco Systems Production and Growth Rate
Figure Ramco Systems Value ($) Market Share 2015-2020
Table Paychex Company Profile
Table Paychex Production, Value, Price, Gross Margin 2015-2020
Figure Paychex Production and Growth Rate
Figure Paychex Value ($) Market Share 2015-2020
Table ADP Company Profile
Table ADP Production, Value, Price, Gross Margin 2015-2020
Figure ADP Production and Growth Rate
Figure ADP Value ($) Market Share 2015-2020
Table Ceridian Company Profile
Table Ceridian Production, Value, Price, Gross Margin 2015-2020
Figure Ceridian Production and Growth Rate
Figure Ceridian Value ($) Market Share 2015-2020
Table NGA Human Resources Company Profile
Table NGA Human Resources Production, Value, Price, Gross Margin 2015-2020
Figure NGA Human Resources Production and Growth Rate
Figure NGA Human Resources Value ($) Market Share 2015-2020
Table Paycom Company Profile
Table Paycom Production, Value, Price, Gross Margin 2015-2020
Figure Paycom Production and Growth Rate
Figure Paycom Value ($) Market Share 2015-2020
Table BambooHR Company Profile
Table BambooHR Production, Value, Price, Gross Margin 2015-2020
Figure BambooHR Production and Growth Rate
Figure BambooHR Value ($) Market Share 2015-2020
Table Workday Company Profile
Table Workday Production, Value, Price, Gross Margin 2015-2020
Figure Workday Production and Growth Rate
Figure Workday Value ($) Market Share 2015-2020
Table Namely Company Profile
Table Namely Production, Value, Price, Gross Margin 2015-2020
Figure Namely Production and Growth Rate
Figure Namely Value ($) Market Share 2015-2020
Table Infosys BPM Company Profile
Table Infosys BPM Production, Value, Price, Gross Margin 2015-2020
Figure Infosys BPM Production and Growth Rate
Figure Infosys BPM Value ($) Market Share 2015-2020
Table OnPay Company Profile
Table OnPay Production, Value, Price, Gross Margin 2015-2020
Figure OnPay Production and Growth Rate
Figure OnPay Value ($) Market Share 2015-2020
Table Sage Company Profile
Table Sage Production, Value, Price, Gross Margin 2015-2020
Figure Sage Production and Growth Rate
Figure Sage Value ($) Market Share 2015-2020
Table Gusto Company Profile
Table Gusto Production, Value, Price, Gross Margin 2015-2020
Figure Gusto Production and Growth Rate
Figure Gusto Value ($) Market Share 2015-2020
Table Intuit Company Profile
Table Intuit Production, Value, Price, Gross Margin 2015-2020
Figure Intuit Production and Growth Rate
Figure Intuit Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Payroll Services Market Forecast Production by Types (2020-2025)
Table Global Payroll Services Market Forecast Production Share by Types (2020-2025)
Table Global Payroll Services Market Forecast Value ($) by Types (2020-2025)
Table Global Payroll Services Market Forecast Value Share by Types (2020-2025)
Table Global Payroll Services Market Forecast Consumption by Applications (2020-2025)
Table Global Payroll Services Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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