Global Payroll – HR Solutions and Services Market . 2019 has been considered as base year to estimate the market and same is forecasted through 2021 to 2026 by giving special focus and different treatment to 2020. The report forecast that by value Payroll – HR Solutions and Services market will touch USD XX Bn. by 2026. The report has covered the market drivers, restraints and fluctuations in demand in different countries by region with special focus on demand and supply from China, India, Taiwan in Asia and USA, France, UK, Russia in western countries. Government regulations, different government’s special incentives and trade agreements in countries are going to have moderate impact on the demand and supply on Payroll – HR Solutions and Services market.
The Payroll – HR Solutions and Services faced several challenges in 2020 including Covid lock down and sudden decrease in demand for semiconductors, however, the demand is expected to normalize in 2021 and is expected to pick up in 2022, which is covered in the report in the growth drivers chapter.
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Payroll – HR Solutions and Services Market report is Segmented by
Global Payroll – HR Solutions and Services Market, By Deployment Type
Global Payroll – HR Solutions and Services Market, By Enterprise Size
• Small & Medium Enterprises
• Large Enterprises
Global Payroll – HR Solutions and Services Market, By Component
o Payroll and Compensation Management
o Time and Attendance Management
o Compliance Management
o Workforce Management
o Claims Administration
o Employee Benefits Management
o Hire Management
o Others (Tax Management)
Global Payroll – HR Solutions and Services Market, By Industry Vertical
• Telecom and IT
• Transportation and Logistics
Global Payroll – HR Solutions and Services Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Payroll – HR Solutions and Services Market
• TMF Group Holding B.V.
• Kronos Incorporated
• Paycor, Inc.
• Paycom Software, Inc.
• Paylocity Corporation
• Ultimate Software Group
• Automatic Data Processing, Inc. (ADP)
• SAP SE
• Sage Group plc.
• Paychex, Inc.
• Ramco Systems Limited
• Jobvite, Inc.
• Intuit Inc.
• TriNet Group, Inc.
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By region, Payroll – HR Solutions and Services Market is segmented by North America, South America, Europe, Middle East and APAC. The APAC market has further given the deep analysis of ASEAN countries separately in the report.
The report has profiled key players in the market by their size and presence by regions. Since, there are limitation to profile all the kay player, representation is given to companies by region, sales revenue, expenditure on technology, expansion plans, investments received, involved in M&A.
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