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

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.

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 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.

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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.

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Table of content

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

Key Que Answered in this report:

1. What will the Global Cloud-based Payroll Software Market?

2. What are the key factors Cloud-based Payroll Software Market ?

3. What are the key market trends in the Cloud-based Payroll Software Market ?

4. improve pasting the growth of this Cloud-based Payroll Software Market ?

5. What are the market opportunities and threats faced by the Cloud-based Payroll Software Market?

6. What are the key outcomes of the five forces analysis of the Cloud-based Payroll Software Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted

Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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