According to a new market report published by BlueWeaveConsulting, the global Payroll & HR Solutions & Services Market is expected to grow with a CAGR over 9.45% during the forecast period 2018–2026 and the market is projected to cross USD 43 Billion by 2026. Increasing adoption of cloud-based technologies in enterprises is driving the global payroll & HR solutions & services market.

Increasing adoption of cloud-based technologies in enterprises is driving to be the leading segment of the overall payroll & HR solutions & services

HR payroll and software solution maintains data such as employee information, home address, social security number, financial and others. The software's ability to provide customized solutions considering the current workforce dynamics exhibits high-growth potential.

North America holds largest share of the global payroll & HR solutions & services market during the forecast period.

Geographically, the global payroll & HR solutions & services market is bifurcated into North America, Asia Pacific, Europe, South America, and Middle East & Africa. North America has been the largest market for payroll & HR solutions & services, whereas Asia-Pacific is expected to witness the fastest growth among all regions during the forecast period. The anticipated growth in the market can be attributed to factors such as advancement in new technologies, growing digitalization, growth in software industry, and increasing adoption of business process solutions by small and medium scale enterprises in the region.

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Payroll & HR Solutions & Services Market: Scope of the Report

The global market for payroll & HR solutions & services is segmented on the basis of deployment, enterprise size, solution, industry, and geography. On the basis of deployment, the market is segmented into cloud, on premise and hybrid. In 2017, the cloud segment accounted for the largest market share, in terms of revenue of the global payroll & HR solutions & services market. Furthermore, demand for cloud segment is expected to increase during the forecast period.

On the basis of enterprise size, the global payroll & HR solutions & services market is bisected into small & medium enterprises and large enterprise. Based on the solution, the global payroll & HR solutions & services market is categorized into software and services. The software segment is further fragmented into suite and standalone.

Global Payroll & HR Solutions & Services Market: Competitive Dynamics

Major industry players in payroll & HR solutions & services market are adopting different strategic initiatives such as mergers and acquisitions, partnerships, and collaborations for technologies and new product development. For instance, In May 2016, TMF Group has acquired Swain & Associates Inc., service provider of HR & payroll and accounting & tax, based in Toronto, Canada. The global payroll & HR solutions & services market includes key players such Automatic Data Processing, Inc. (ADP), Paycor, Inc., Paycom Software, Inc., TMF Group Holding B.V., SAP SE, Sage Group plc., Paychex, Inc., Ramco Systems Limited, Kronos Incorporated , Paycom Software, Inc., Paylocity Corporation, Ultimate Software Group, Oracle Corporation, Jobvite, Inc., Intuit Inc., TriNet Group, Inc. and among others.

Table Of Content:

1. Preface
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Global Payroll & HR Solutions & Services Market Analysis and Forecast, 2016–2026
6. Global Payroll & HR Solutions & Services Market, By Deployment
7. Global Payroll & HR Solutions & Services Market, By Enterprise Size
8. Global Payroll & HR Solutions & Services Market, By Solution
9. Global Payroll & HR Solutions & Services Market Analysis and Forecast, By Industry Vertical
10. Global Payroll & HR Solutions & Services Market , by Region
11. Competition Landscape
12. Market Revenue Share Analysis (%), By Company (2017)
13. Company Profiles

Detailed Analysis of Table of Contents @ https://www.blueweaveconsulting.com/payroll-hr-solutions-services-market/#1536301857979-e3fc3c18-41a6

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