Global Cloud-based Payroll Software Market 2017-2021

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Date: 06-Oct-2017
No. of pages: 84
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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.

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

Covered in this report

This 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


The report, Global Cloud-based Payroll Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

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?

Global Cloud-based Payroll Software Market 2017-2021

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

PART 14: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Global cloud-based payroll software market: Overview
Exhibit 02: Global cloud-based payroll software market 2016-2021 ($ billions)
Exhibit 03: Market assumptions
Exhibit 04: Five forces analysis
Exhibit 05: Global cloud-based payroll software market by end-users 2016 (% share of revenue)
Exhibit 06: Global cloud-based payroll software market by end-users 2021 (% share of revenue)
Exhibit 07: Global cloud-based payroll software market by large enterprises 2016-2021 ($ billions)
Exhibit 08: Global cloud-based payroll software market by SMEs 2016-2021 ($ billions)
Exhibit 09: Global cloud-based payroll software market by geography 2016-2021 (% share of revenue)
Exhibit 10: Regional comparison
Exhibit 11: Americas - market size & forecast
Exhibit 12: Americas - Year-over-year growth
Exhibit 13: Top 3 countries in Americas
Exhibit 14: EMEA - market size & forecast
Exhibit 15: EMEA - Year-over-year growth
Exhibit 16: Top 3 countries in EMEA
Exhibit 17: APAC - market size & forecast
Exhibit 18: APAC - Year-over-year growth
Exhibit 19: Top 3 countries in APAC
Exhibit 20: Key leading countries
Exhibit 21: Open-source payroll software
Exhibit 22: Key vendors in the global cloud-based payroll software in 2016
Exhibit 23: Competitive factors among vendors in market
Exhibit 24: Comparison of vendors based on parameters
Exhibit 25: Other prominent vendors
Exhibit 26: M&A in the global cloud-based payroll software market

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