Global HR Payroll Software Market 2020 by Company, Regions, Type and Application, Forecast to 2025

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Market Overview

The global HR Payroll Software market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.9% in the forecast period of 2020 to 2025 and will expected to reach USD 5890 million by 2025, from USD 4867.3 million in 2019.

The HR Payroll Software market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

HR Payroll Software market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, HR Payroll Software market has been segmented into:

Employee Self-Service Software

Claims Reimbursement Software

Leave Management Software

By Application, HR Payroll Software has been segmented into:

Large Size Organizations

Medium and Small Size Organizations

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global HR Payroll Software market presented in the report. This section sheds light on the sales growth of different regional and country-level HR Payroll Software markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global HR Payroll Software market.

The report offers in-depth assessment of the growth and other aspects of the HR Payroll Software market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and HR Payroll Software Market Share Analysis

HR Payroll Software competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, HR Payroll Software sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the HR Payroll Software sales, revenue and market share for each player covered in this report.

The major players covered in HR Payroll Software are:

SAP

Pay Focus

SumTotal Systems

Oracle

SuccessFactors

Ultimate software

Intruit

Ascentis

Sage

BambooHR

ADP

Halogen Software

Epicore

Patriot Payroll

UltiPro

Vibe HCM

Table of Contents

1 HR Payroll Software Market Overview

1.1 Product Overview and Scope of HR Payroll Software

1.2 Classification of HR Payroll Software by Type

1.2.1 Global HR Payroll Software Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Global HR Payroll Software Revenue Market Share by Type in 2019

1.2.3 Employee Self-Service Software

1.2.4 Claims Reimbursement Software

1.2.5 Leave Management Software

1.3 Global HR Payroll Software Market by Application

1.3.1 Overview: Global HR Payroll Software Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Large Size Organizations

1.3.3 Medium and Small Size Organizations

1.4 Global HR Payroll Software Market by Regions

1.4.1 Global HR Payroll Software Market Size by Regions: 2015 VS 2019 VS 2025

1.4.2 Global Market Size of HR Payroll Software (2015-2025)

1.4.3 North America (USA, Canada and Mexico) HR Payroll Software Status and Prospect (2015-2025)

1.4.4 Europe (Germany, France, UK, Russia and Italy) HR Payroll Software Status and Prospect (2015-2025)

1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) HR Payroll Software Status and Prospect (2015-2025)

1.4.6 South America (Brazil, Argentina, Colombia) HR Payroll Software Status and Prospect (2015-2025)

1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) HR Payroll Software Status and Prospect (2015-2025)

2 Company Profiles

2.1 SAP

2.1.1 SAP Details

2.1.2 SAP Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 SAP SWOT Analysis

2.1.4 SAP Product and Services

2.1.5 SAP HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.2 Pay Focus

2.2.1 Pay Focus Details

2.2.2 Pay Focus Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Pay Focus SWOT Analysis

2.2.4 Pay Focus Product and Services

2.2.5 Pay Focus HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.3 SumTotal Systems

2.3.1 SumTotal Systems Details

2.3.2 SumTotal Systems Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 SumTotal Systems SWOT Analysis

2.3.4 SumTotal Systems Product and Services

2.3.5 SumTotal Systems HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.4 Oracle

2.4.1 Oracle Details

2.4.2 Oracle Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Oracle SWOT Analysis

2.4.4 Oracle Product and Services

2.4.5 Oracle HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.5 SuccessFactors

2.5.1 SuccessFactors Details

2.5.2 SuccessFactors Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 SuccessFactors SWOT Analysis

2.5.4 SuccessFactors Product and Services

2.5.5 SuccessFactors HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.6 Ultimate software

2.6.1 Ultimate software Details

2.6.2 Ultimate software Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Ultimate software SWOT Analysis

2.6.4 Ultimate software Product and Services

2.6.5 Ultimate software HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.7 Intruit

2.7.1 Intruit Details

2.7.2 Intruit Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 Intruit SWOT Analysis

2.7.4 Intruit Product and Services

2.7.5 Intruit HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.8 Ascentis

2.8.1 Ascentis Details

2.8.2 Ascentis Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Ascentis SWOT Analysis

2.8.4 Ascentis Product and Services

2.8.5 Ascentis HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.9 Sage

2.9.1 Sage Details

2.9.2 Sage Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Sage SWOT Analysis

2.9.4 Sage Product and Services

2.9.5 Sage HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.10 BambooHR

2.10.1 BambooHR Details

2.10.2 BambooHR Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 BambooHR SWOT Analysis

2.10.4 BambooHR Product and Services

2.10.5 BambooHR HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.11 ADP

2.11.1 ADP Details

2.11.2 ADP Major Business and Total Revenue (Financial Highlights) Analysis

2.11.3 ADP SWOT Analysis

2.11.4 ADP Product and Services

2.11.5 ADP HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.12 Halogen Software

2.12.1 Halogen Software Details

2.12.2 Halogen Software Major Business and Total Revenue (Financial Highlights) Analysis

2.12.3 Halogen Software SWOT Analysis

2.12.4 Halogen Software Product and Services

2.12.5 Halogen Software HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.13 Epicore

2.13.1 Epicore Details

2.13.2 Epicore Major Business and Total Revenue (Financial Highlights) Analysis

2.13.3 Epicore SWOT Analysis

2.13.4 Epicore Product and Services

2.13.5 Epicore HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.14 Patriot Payroll

2.14.1 Patriot Payroll Details

2.14.2 Patriot Payroll Major Business and Total Revenue (Financial Highlights) Analysis

2.14.3 Patriot Payroll SWOT Analysis

2.14.4 Patriot Payroll Product and Services

2.14.5 Patriot Payroll HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.15 UltiPro

2.15.1 UltiPro Details

2.15.2 UltiPro Major Business and Total Revenue (Financial Highlights) Analysis

2.15.3 UltiPro SWOT Analysis

2.15.4 UltiPro Product and Services

2.15.5 UltiPro HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

2.16 Vibe HCM

2.16.1 Vibe HCM Details

2.16.2 Vibe HCM Major Business and Total Revenue (Financial Highlights) Analysis

2.16.3 Vibe HCM SWOT Analysis

2.16.4 Vibe HCM Product and Services

2.16.5 Vibe HCM HR Payroll Software Revenue, Gross Margin and Market Share (2018-2019)

3 Market Competition, by Players

3.1 Global HR Payroll Software Revenue and Share by Players (2015-2020)

3.2 Market Concentration Rate

3.2.1 Top 5 HR Payroll Software Players Market Share

3.2.2 Top 10 HR Payroll Software Players Market Share

3.3 Market Competition Trend

4 Market Size by Regions

4.1 Global HR Payroll Software Revenue and Market Share by Regions

4.2 North America HR Payroll Software Revenue and Growth Rate (2015-2020)

4.3 Europe HR Payroll Software Revenue and Growth Rate (2015-2020)

4.4 Asia-Pacific HR Payroll Software Revenue and Growth Rate (2015-2020)

4.5 South America HR Payroll Software Revenue and Growth Rate (2015-2020)

4.6 Middle East & Africa HR Payroll Software Revenue and Growth Rate (2015-2020)

5 North America HR Payroll Software Revenue by Countries

5.1 North America HR Payroll Software Revenue by Countries (2015-2020)

5.2 USA HR Payroll Software Revenue and Growth Rate (2015-2020)

5.3 Canada HR Payroll Software Revenue and Growth Rate (2015-2020)

5.4 Mexico HR Payroll Software Revenue and Growth Rate (2015-2020)

6 Europe HR Payroll Software Revenue by Countries

6.1 Europe HR Payroll Software Revenue by Countries (2015-2020)

6.2 Germany HR Payroll Software Revenue and Growth Rate (2015-2020)

6.3 UK HR Payroll Software Revenue and Growth Rate (2015-2020)

6.4 France HR Payroll Software Revenue and Growth Rate (2015-2020)

6.5 Russia HR Payroll Software Revenue and Growth Rate (2015-2020)

6.6 Italy HR Payroll Software Revenue and Growth Rate (2015-2020)

7 Asia-Pacific HR Payroll Software Revenue by Countries

7.1 Asia-Pacific HR Payroll Software Revenue by Countries (2015-2020)

7.2 China HR Payroll Software Revenue and Growth Rate (2015-2020)

7.3 Japan HR Payroll Software Revenue and Growth Rate (2015-2020)

7.4 Korea HR Payroll Software Revenue and Growth Rate (2015-2020)

7.5 India HR Payroll Software Revenue and Growth Rate (2015-2020)

7.6 Southeast Asia HR Payroll Software Revenue and Growth Rate (2015-2020)

8 South America HR Payroll Software Revenue by Countries

8.1 South America HR Payroll Software Revenue by Countries (2015-2020)

8.2 Brazil HR Payroll Software Revenue and Growth Rate (2015-2020)

8.3 Argentina HR Payroll Software Revenue and Growth Rate (2015-2020)

9 Middle East & Africa Revenue HR Payroll Software by Countries

9.1 Middle East & Africa HR Payroll Software Revenue by Countries (2015-2020)

9.2 Saudi Arabia HR Payroll Software Revenue and Growth Rate (2015-2020)

9.3 UAE HR Payroll Software Revenue and Growth Rate (2015-2020)

9.4 Egypt HR Payroll Software Revenue and Growth Rate (2015-2020)

9.5 South Africa HR Payroll Software Revenue and Growth Rate (2015-2020)

10 Market Size Segment by Type

10.1 Global HR Payroll Software Revenue and Market Share by Type (2015-2020)

10.2 Global HR Payroll Software Market Forecast by Type (2019-2024)

10.3 Employee Self-Service Software Revenue Growth Rate (2015-2025)

10.4 Claims Reimbursement Software Revenue Growth Rate (2015-2025)

10.5 Leave Management Software Revenue Growth Rate (2015-2025)

11 Global HR Payroll Software Market Segment by Application

11.1 Global HR Payroll Software Revenue Market Share by Application (2015-2020)

11.2 HR Payroll Software Market Forecast by Application (2019-2024)

11.3 Large Size Organizations Revenue Growth (2015-2020)

11.4 Medium and Small Size Organizations Revenue Growth (2015-2020)

12 Global HR Payroll Software Market Size Forecast (2021-2025)

12.1 Global HR Payroll Software Market Size Forecast (2021-2025)

12.2 Global HR Payroll Software Market Forecast by Regions (2021-2025)

12.3 North America HR Payroll Software Revenue Market Forecast (2021-2025)

12.4 Europe HR Payroll Software Revenue Market Forecast (2021-2025)

12.5 Asia-Pacific HR Payroll Software Revenue Market Forecast (2021-2025)

12.6 South America HR Payroll Software Revenue Market Forecast (2021-2025)

12.7 Middle East & Africa HR Payroll Software Revenue Market Forecast (2021-2025)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source

14.3 Disclaimer

14.4 About US


List of Tables

Table 1. Global HR Payroll Software Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of HR Payroll Software by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global HR Payroll Software Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Global Market HR Payroll Software Revenue (Million USD) Comparison by Regions 2015-2025

Table 5. SAP Corporate Information, Location and Competitors

Table 6. SAP HR Payroll Software Major Business

Table 7. SAP HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 8. SAP SWOT Analysis

Table 9. SAP HR Payroll Software Product and Solutions

Table 10. SAP HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 11. Pay Focus Corporate Information, Location and Competitors

Table 12. Pay Focus HR Payroll Software Major Business

Table 13. Pay Focus HR Payroll Software Total Revenue (USD Million) (2018-2019)

Table 14. Pay Focus SWOT Analysis

Table 15. Pay Focus HR Payroll Software Product and Solutions

Table 16. Pay Focus HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 17. SumTotal Systems Corporate Information, Location and Competitors

Table 18. SumTotal Systems HR Payroll Software Major Business

Table 19. SumTotal Systems HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 20. SumTotal Systems SWOT Analysis

Table 21. SumTotal Systems HR Payroll Software Product and Solutions

Table 22. SumTotal Systems HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 23. Oracle Corporate Information, Location and Competitors

Table 24. Oracle HR Payroll Software Major Business

Table 25. Oracle HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 26. Oracle SWOT Analysis

Table 27. Oracle HR Payroll Software Product and Solutions

Table 28. Oracle HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 29. SuccessFactors Corporate Information, Location and Competitors

Table 30. SuccessFactors HR Payroll Software Major Business

Table 31. SuccessFactors HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 32. SuccessFactors SWOT Analysis

Table 33. SuccessFactors HR Payroll Software Product and Solutions

Table 34. SuccessFactors HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 35. Ultimate software Corporate Information, Location and Competitors

Table 36. Ultimate software HR Payroll Software Major Business

Table 37. Ultimate software HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 38. Ultimate software SWOT Analysis

Table 39. Ultimate software HR Payroll Software Product and Solutions

Table 40. Ultimate software HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 41. Intruit Corporate Information, Location and Competitors

Table 42. Intruit HR Payroll Software Major Business

Table 43. Intruit HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 44. Intruit SWOT Analysis

Table 45. Intruit HR Payroll Software Product and Solutions

Table 46. Intruit HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 47. Ascentis Corporate Information, Location and Competitors

Table 48. Ascentis HR Payroll Software Major Business

Table 49. Ascentis HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 50. Ascentis SWOT Analysis

Table 51. Ascentis HR Payroll Software Product and Solutions

Table 52. Ascentis HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 53. Sage Corporate Information, Location and Competitors

Table 54. Sage HR Payroll Software Major Business

Table 55. Sage HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 56. Sage SWOT Analysis

Table 57. Sage HR Payroll Software Product and Solutions

Table 58. Sage HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 59. BambooHR Corporate Information, Location and Competitors

Table 60. BambooHR HR Payroll Software Major Business

Table 61. BambooHR HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 62. BambooHR SWOT Analysis

Table 63. BambooHR HR Payroll Software Product and Solutions

Table 64. BambooHR HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 65. ADP Corporate Information, Location and Competitors

Table 66. ADP HR Payroll Software Major Business

Table 67. ADP HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 68. ADP SWOT Analysis

Table 69. ADP HR Payroll Software Product and Solutions

Table 70. ADP HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 71. Halogen Software Corporate Information, Location and Competitors

Table 72. Halogen Software HR Payroll Software Major Business

Table 73. Halogen Software HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 74. Halogen Software SWOT Analysis

Table 75. Halogen Software HR Payroll Software Product and Solutions

Table 76. Halogen Software HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 77. Epicore Corporate Information, Location and Competitors

Table 78. Epicore HR Payroll Software Major Business

Table 79. Epicore HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 80. Epicore SWOT Analysis

Table 81. Epicore HR Payroll Software Product and Solutions

Table 82. Epicore HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 83. Patriot Payroll Corporate Information, Location and Competitors

Table 84. Patriot Payroll HR Payroll Software Major Business

Table 85. Patriot Payroll HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 86. Patriot Payroll SWOT Analysis

Table 87. Patriot Payroll HR Payroll Software Product and Solutions

Table 88. Patriot Payroll HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 89. UltiPro Corporate Information, Location and Competitors

Table 90. UltiPro HR Payroll Software Major Business

Table 91. UltiPro HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 92. UltiPro SWOT Analysis

Table 93. UltiPro HR Payroll Software Product and Solutions

Table 94. UltiPro HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 95. Vibe HCM Corporate Information, Location and Competitors

Table 96. Vibe HCM HR Payroll Software Major Business

Table 97. Vibe HCM HR Payroll Software Total Revenue (USD Million) (2017-2018)

Table 98. Vibe HCM SWOT Analysis

Table 99. Vibe HCM HR Payroll Software Product and Solutions

Table 100. Vibe HCM HR Payroll Software Revenue (USD Million), Gross Margin and Market Share (2018-2019)

Table 101. Global HR Payroll Software Revenue (Million USD) by Players (2015-2020)

Table 102. Global HR Payroll Software Revenue Share by Players (2015-2020)

Table 103. Global HR Payroll Software Revenue (Million USD) by Regions (2015-2020)

Table 104. Global HR Payroll Software Revenue Market Share by Regions (2015-2020)

Table 105. North America HR Payroll Software Revenue by Countries (2015-2020)

Table 106. North America HR Payroll Software Revenue Market Share by Countries (2015-2020)

Table 107. Europe HR Payroll Software Revenue (Million USD) by Countries (2015-2020)

Table 108. Asia-Pacific HR Payroll Software Revenue (Million USD) by Countries (2015-2020)

Table 109. South America HR Payroll Software Revenue by Countries (2015-2020)

Table 110. South America HR Payroll Software Revenue Market Share by Countries (2015-2020)

Table 111. Middle East and Africa HR Payroll Software Revenue (Million USD) by Countries (2015-2020)

Table 112. Middle East and Africa HR Payroll Software Revenue Market Share by Countries (2015-2020)

Table 113. Global HR Payroll Software Revenue (Million USD) by Type (2015-2020)

Table 114. Global HR Payroll Software Revenue Share by Type (2015-2020)

Table 115. Global HR Payroll Software Revenue Forecast by Type (2021-2025)

Table 116. Global HR Payroll Software Revenue by Application (2015-2020)

Table 117. Global HR Payroll Software Revenue Share by Application (2015-2020)

Table 118. Global HR Payroll Software Revenue Forecast by Application (2021-2025)

Table 119. Global HR Payroll Software Revenue (Million USD) Forecast by Regions (2021-2025)

List of Figures

Figure 1. HR Payroll Software Picture

Figure 2. Global HR Payroll Software Revenue Market Share by Type in 2019

Figure 3. Employee Self-Service Software Picture

Figure 4. Claims Reimbursement Software Picture

Figure 5. Leave Management Software Picture

Figure 6. HR Payroll Software Revenue Market Share by Application in 2019

Figure 7. Large Size Organizations Picture

Figure 8. Medium and Small Size Organizations Picture

Figure 9. Global HR Payroll Software Revenue (USD Million) and Growth Rate (2015-2025)

Figure 10. North America HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 11. Europe HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 12. Asia-Pacific HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 13. South America HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 14. Middle East and Africa HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 15. Global HR Payroll Software Revenue (Million USD) and Growth Rate (2015-2025)

Figure 16. Global HR Payroll Software Revenue Share by Players in 2019

Figure 17. Global Top 5 Players HR Payroll Software Revenue Market Share in 2019

Figure 18. Global Top 10 Players HR Payroll Software Revenue Market Share in 2019

Figure 19. Key Players Market Share Trend

Figure 20. Global HR Payroll Software Revenue (Million USD) and Growth Rate (%) (2015-2020)

Figure 21. Global HR Payroll Software Revenue Market Share by Regions (2015-2020)

Figure 22. Global HR Payroll Software Revenue Market Share by Regions in 2018

Figure 23. North America HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 24. Europe HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 25. Asia-Pacific HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 26. South America HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 27. Middle East and Africa HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 28. North America HR Payroll Software Revenue Market Share by Countries (2015-2020)

Figure 29. North America HR Payroll Software Revenue Market Share by Countries in 2019

Figure 30. USA HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 31. Canada HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 32. Mexico HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 33. Europe HR Payroll Software Revenue Market Share by Countries (2015-2020)

Figure 34. Europe HR Payroll Software Revenue Market Share by Countries in 2019

Figure 35. Germany HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 36. UK HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 37. France HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 38. Russia HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 39. Italy HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 40. Asia-Pacific HR Payroll Software Revenue Market Share by Countries (2015-2020)

Figure 41. Asia-Pacific HR Payroll Software Revenue Market Share by Countries in 2019

Figure 42. China HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 43. Japan HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 44. Korea HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 45. India HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 46. Southeast Asia HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 47. South America HR Payroll Software Revenue Market Share by Countries (2015-2020)

Figure 48. South America HR Payroll Software Revenue Market Share by Countries in 2019

Figure 49. Brazil HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 50. Argentina HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 51. Middle East and Africa HR Payroll Software Revenue Market Share by Countries (2015-2020)

Figure 52. Middle East and Africa HR Payroll Software Revenue Market Share by Countries in 2019

Figure 53. Saudi Arabia HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 54. UAE HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 55. Egypt HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 56. South Africa HR Payroll Software Revenue and Growth Rate (2015-2020)

Figure 57. Global HR Payroll Software Revenue Share by Type (2015-2020)

Figure 58. Global HR Payroll Software Revenue Share by Type in 2019

Figure 59. Global HR Payroll Software Market Share Forecast by Type (2021-2025)

Figure 60. Global Employee Self-Service Software Revenue Growth Rate (2015-2020)

Figure 61. Global Claims Reimbursement Software Revenue Growth Rate (2015-2020)

Figure 62. Global Leave Management Software Revenue Growth Rate (2015-2020)

Figure 63. Global HR Payroll Software Revenue Share by Application (2015-2020)

Figure 64. Global HR Payroll Software Revenue Share by Application in 2019

Figure 65. Global HR Payroll Software Market Share Forecast by Application (2021-2025)

Figure 66. Global Large Size Organizations Revenue Growth Rate (2015-2020)

Figure 67. Global Medium and Small Size Organizations Revenue Growth Rate (2015-2020)

Figure 68. Global HR Payroll Software Revenue (Million USD) and Growth Rate Forecast (2021-2025)

Figure 69. Global HR Payroll Software Revenue (Million USD) Forecast by Regions (2021-2025)

Figure 70. Global HR Payroll Software Revenue Market Share Forecast by Regions (2021-2025)

Figure 71. North America HR Payroll Software Revenue Market Forecast (2021-2025)

Figure 72. Europe HR Payroll Software Revenue Market Forecast (2021-2025)

Figure 73. Asia-Pacific HR Payroll Software Revenue Market Forecast (2021-2025)

Figure 74. South America HR Payroll Software Revenue Market Forecast (2021-2025)

Figure 75. Middle East and Africa HR Payroll Software Revenue Market Forecast (2021-2025)

Figure 76. Sales Channel: Direct Channel vs Indirect Channel

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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