Global Cloud-based Payroll Software Market Size, Status, Research and Forecast 2019-2025

Published On: Jul 2019

Format: PDF

Publisher: QY Research

Pages: 105

Report ID: 3625

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.
According to the report, one of the major drivers for this market is Reduction in TCO. For traditional on-site security software, TCO includes a high upfront software license cost and software implementation cost coupled with a high maintenance cost. In the case of cloud, cloud vendors are responsible for the implementation, maintenance, updates, and backup of software, thereby reducing the need for internal IT administration. In addition, the pricing model of cloud-based payroll software is based on the pay-per-use model, where customers pay according to their use of the services, as opposed to a traditional on-site model that requires a one-time substantial capital investment and ongoing operational costs.
In 2018, the global Cloud-based Payroll Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Cloud-based Payroll Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud-based Payroll Software development in United States, Europe and China.

The key players covered in this study
ADP
CoreHR
Oracle
Paychex
SAP Success Factors
Ultimate Software
Workday
Aditro
Advanced
Affinity
Ascentis
BenefitMall
beqom
Ceridian HCM
CloudPay
Datacom
Execupay
Gusto
iAdmin
IRIS Software
Paycom
Payroo
Sage (UK)
SmartPayroll Australia

Market segment by Type, the product can be split into
Business Software
Cloud ERP Software
Services Automation

Market segment by Application, split into
SMEs
Large Enterprises

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Cloud-based Payroll Software status, future forecast, growth opportunity, key market and key players.
To present the Cloud-based Payroll Software development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Cloud-based Payroll Software are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Cloud-based Payroll Software Market Size Growth Rate by Type (2014-2025)
1.4.2 Business Software
1.4.3 Cloud ERP Software
1.4.4 Services Automation
1.5 Market by Application
1.5.1 Global Cloud-based Payroll Software Market Share by Application (2014-2025)
1.5.2 SMEs
1.5.3 Large Enterprises
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Cloud-based Payroll Software Market Size
2.2 Cloud-based Payroll Software Growth Trends by Regions
2.2.1 Cloud-based Payroll Software Market Size by Regions (2014-2025)
2.2.2 Cloud-based Payroll Software Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Cloud-based Payroll Software Market Size by Manufacturers
3.1.1 Global Cloud-based Payroll Software Revenue by Manufacturers (2014-2019)
3.1.2 Global Cloud-based Payroll Software Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Cloud-based Payroll Software Market Concentration Ratio (CR5 and HHI)
3.2 Cloud-based Payroll Software Key Players Head office and Area Served
3.3 Key Players Cloud-based Payroll Software Product/Solution/Service
3.4 Date of Enter into Cloud-based Payroll Software Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Cloud-based Payroll Software Market Size by Type (2014-2019)
4.2 Global Cloud-based Payroll Software Market Size by Application (2014-2019)

5 United States
5.1 United States Cloud-based Payroll Software Market Size (2014-2019)
5.2 Cloud-based Payroll Software Key Players in United States
5.3 United States Cloud-based Payroll Software Market Size by Type
5.4 United States Cloud-based Payroll Software Market Size by Application

6 Europe
6.1 Europe Cloud-based Payroll Software Market Size (2014-2019)
6.2 Cloud-based Payroll Software Key Players in Europe
6.3 Europe Cloud-based Payroll Software Market Size by Type
6.4 Europe Cloud-based Payroll Software Market Size by Application

7 China
7.1 China Cloud-based Payroll Software Market Size (2014-2019)
7.2 Cloud-based Payroll Software Key Players in China
7.3 China Cloud-based Payroll Software Market Size by Type
7.4 China Cloud-based Payroll Software Market Size by Application

8 Japan
8.1 Japan Cloud-based Payroll Software Market Size (2014-2019)
8.2 Cloud-based Payroll Software Key Players in Japan
8.3 Japan Cloud-based Payroll Software Market Size by Type
8.4 Japan Cloud-based Payroll Software Market Size by Application

9 Southeast Asia
9.1 Southeast Asia Cloud-based Payroll Software Market Size (2014-2019)
9.2 Cloud-based Payroll Software Key Players in Southeast Asia
9.3 Southeast Asia Cloud-based Payroll Software Market Size by Type
9.4 Southeast Asia Cloud-based Payroll Software Market Size by Application

10 India
10.1 India Cloud-based Payroll Software Market Size (2014-2019)
10.2 Cloud-based Payroll Software Key Players in India
10.3 India Cloud-based Payroll Software Market Size by Type
10.4 India Cloud-based Payroll Software Market Size by Application

11 Central & South America
11.1 Central & South America Cloud-based Payroll Software Market Size (2014-2019)
11.2 Cloud-based Payroll Software Key Players in Central & South America
11.3 Central & South America Cloud-based Payroll Software Market Size by Type
11.4 Central & South America Cloud-based Payroll Software Market Size by Application

12 International Players Profiles
12.1 ADP
12.1.1 ADP Company Details
12.1.2 Company Description and Business Overview
12.1.3 Cloud-based Payroll Software Introduction
12.1.4 ADP Revenue in Cloud-based Payroll Software Business (2014-2019)
12.1.5 ADP Recent Development
12.2 CoreHR
12.2.1 CoreHR Company Details
12.2.2 Company Description and Business Overview
12.2.3 Cloud-based Payroll Software Introduction
12.2.4 CoreHR Revenue in Cloud-based Payroll Software Business (2014-2019)
12.2.5 CoreHR Recent Development
12.3 Oracle
12.3.1 Oracle Company Details
12.3.2 Company Description and Business Overview
12.3.3 Cloud-based Payroll Software Introduction
12.3.4 Oracle Revenue in Cloud-based Payroll Software Business (2014-2019)
12.3.5 Oracle Recent Development
12.4 Paychex
12.4.1 Paychex Company Details
12.4.2 Company Description and Business Overview
12.4.3 Cloud-based Payroll Software Introduction
12.4.4 Paychex Revenue in Cloud-based Payroll Software Business (2014-2019)
12.4.5 Paychex Recent Development
12.5 SAP Success Factors
12.5.1 SAP Success Factors Company Details
12.5.2 Company Description and Business Overview
12.5.3 Cloud-based Payroll Software Introduction
12.5.4 SAP Success Factors Revenue in Cloud-based Payroll Software Business (2014-2019)
12.5.5 SAP Success Factors Recent Development
12.6 Ultimate Software
12.6.1 Ultimate Software Company Details
12.6.2 Company Description and Business Overview
12.6.3 Cloud-based Payroll Software Introduction
12.6.4 Ultimate Software Revenue in Cloud-based Payroll Software Business (2014-2019)
12.6.5 Ultimate Software Recent Development
12.7 Workday
12.7.1 Workday Company Details
12.7.2 Company Description and Business Overview
12.7.3 Cloud-based Payroll Software Introduction
12.7.4 Workday Revenue in Cloud-based Payroll Software Business (2014-2019)
12.7.5 Workday Recent Development
12.8 Aditro
12.8.1 Aditro Company Details
12.8.2 Company Description and Business Overview
12.8.3 Cloud-based Payroll Software Introduction
12.8.4 Aditro Revenue in Cloud-based Payroll Software Business (2014-2019)
12.8.5 Aditro Recent Development
12.9 Advanced
12.9.1 Advanced Company Details
12.9.2 Company Description and Business Overview
12.9.3 Cloud-based Payroll Software Introduction
12.9.4 Advanced Revenue in Cloud-based Payroll Software Business (2014-2019)
12.9.5 Advanced Recent Development
12.10 Affinity
12.10.1 Affinity Company Details
12.10.2 Company Description and Business Overview
12.10.3 Cloud-based Payroll Software Introduction
12.10.4 Affinity Revenue in Cloud-based Payroll Software Business (2014-2019)
12.10.5 Affinity Recent Development
12.11 Ascentis
12.12 BenefitMall
12.13 beqom
12.14 Ceridian HCM
12.15 CloudPay
12.16 Datacom
12.17 Execupay
12.18 Gusto
12.19 iAdmin
12.20 IRIS Software
12.21 Paycom
12.22 Payroo
12.23 Sage (UK)
12.24 SmartPayroll Australia

13 Market Forecast 2019-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2019-2025)
13.10 Market Size Forecast by Application (2019-2025)

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details