2020-2025 Global Payroll Outsourcing Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)

Payroll outsourcing is the fastest-growing segment of the global human resource outsourcing (HRO) market. Organizations are rapidly adopting payroll services to achieve cost reduction. They either outsource a single process or the entire services to enhance the existing function. Managing payroll in-house involves high costs. Organizations that maintain an in-house team for tasks such as payroll, time and attendance, workforce administration, and benefits administration spend 20% more than organizations that outsource the same functions.
This report elaborates the market size, market characteristics, and market growth of the Payroll Outsourcing industry, and breaks down according to the type, application, and consumption area of Payroll Outsourcing. 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 Outsourcing 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 Outsourcing market covered in Chapter 13:
Sussex Payroll Services
Dataplan
Moorepay
Jeffreys Henry LLP
Payroll Options
1st Contact
Payescape
Payplus
Just Payroll Services
MHR
SD Worx
FMP Global
ADP payroll
Crystal payroll Ltd.
Buzzacott

In Chapter 6, on the basis of types, the Payroll Outsourcing market from 2015 to 2025 is primarily split into:
Hybrid
Fully outsourced

In Chapter 7, on the basis of applications, the Payroll Outsourcing market from 2015 to 2025 covers:
Retail
Institutions (BFSI)
Banking/Insurance
Telecommunication
Government
Travel and Hospitality

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