Global Cloud-based Payroll Software Market Forcast To Grow At CAGR Of 12.09% Between 2017-2021

“The Report Global Cloud-based Payroll Software Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About Cloud-based Payroll Software Market

Payroll software automates, organizes, and simplifies complex compensation planning and enables managers to improve budget allocations, increase accuracy, and align compensation decisions with organizational guidelines. Enterprises are implementing payroll software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. Cloud-based payroll software is being installed by companies as it is economical and improves the efficiency of the compensation and review processes. The growing acceptance of cloud-based payroll software can be attributed to its advantages over the traditional payroll process. Cloud-based payroll software enables organizations to access data and services remotely through a web-browser without installing and managing application software. Cloud-based payroll software also provides flexibility in the deployment and has a short implementation time. This reduces implementation cost and improves the return on investment. One of the main benefits of cloud-based payroll software is the ability to access it from anywhere.

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Technavios analysts forecast the global cloud-based payroll software market to grow at a CAGR of 12.09% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cloud-based payroll software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of cloud-based payroll software subscription, maintenance and support, installation, customization, and training.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Cloud-based Payroll Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

ADP

CoreHR

Oracle

Paychex

SAP Success Factors

Ultimate Software

Workday

Other prominent vendors

Aditro

Advanced

Affinity

Ascentis

BenefitMall

beqom

Ceridian HCM

CloudPay

Datacom Group

Execupay

Gusto

iAdmin

IRIS Software Group

Paycom

Payroo

Sage (UK)

SmartPayroll Australia Pty

Market driver

Reduction in TCO

For a full, detailed list, view our report

Market challenge

Concerns regarding data security

For a full, detailed list, view our report

Market trend

Rising demand for integrated HCM solutions

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market overview

Market size and forecast

Market assumptions

Five forces analysis

PART 06: MARKET SEGMENTATION BY END-USER

Global cloud-based payroll software market by end-user

Global cloud-based payroll software market by large enterprises

Global cloud-based payroll software market by SMEs

PART 07: REGIONAL LANDSCAPE

Geographical segmentation

Regional comparison

Americas market size & forecast

EMEA market size & forecast

APAC market size & forecast

Key leading countries

Market opportunity

PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 10: MARKET TRENDS

Rising demand for integrated HCM solutions

Increasing accessibility to mobile applications

Increasing adoption of digital HR technology

PART 11: VENDOR LANDSCAPE

Competitive scenario

Comparison of vendors based on parameters

Other prominent vendors

PART 12: KEY VENDOR PROFILES

ADP

CoreHR

Oracle

Paychex

SAP Success Factors

Ultimate Software

Workday

PART 13: MERGERS AND ACQUISITIONS

M&A in the market

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