Cloud Based Payroll Software Market Growth

According to a new report, “Global Cloud based Payroll Software Market (2017-2023)”, published by KBV research, the Global Cloud based Payroll Software Market size is expected to reach $9.9 billion by 2023, rising at a market growth of 6% CAGR during the forecast period.

The North America market holds the largest market share in Global Small & Medium Enterprises Cloud Based Payroll Software Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.7 % during the forecast period.

The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, ADP, Inc. and Oracle Corporation are the forerunners in the Cloud Based Payroll Software market.

Cloud Based Payroll Software Market – Key Segments

Cloud Based Payroll Software Market

Source: KBV Research Analysis

The Europe market is expected to witness a CAGR of 3.8% during (2017 – 2023) in Global Large Enterprises Cloud Based Payroll Software Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 6.5% during (2017 – 2023).

The Retail market holds the largest market share in Global Cloud Based Payroll Software Market Size by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.4 % during the forecast period. The Healthcare market is expected to witness a CAGR of 6.5% during (2017 – 2023). Additionally, The Manufacturing market would garner market size of $1,049.8 million by 2023.

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Cloud-based Payroll Software Market have been discussed in the report with the competition analysis and elaborated company profiles of ADP, Inc., Ascentis HR Software, Morneau Shepell Inc. (Ceridian HCM, Inc.), Unit4 (FinancialForce Software), Iris Software Group Limited, Kronos Incorporated, Oracle Corporation, Paycom Software, Inc., Sage Group, and Zenefits Software.

Global Cloud based Payroll Software Market Segmentation

By Organization Sizes

  • Small & Medium Enterprises
  • Large Enterprises

By Verticals

  • Retail
  • BFSI
  • Healthcare
  • Manufacturing
  • Telecom & IT
  • Others

By Geographies

  • North America Cloud based Payroll Software Market Size
    • US Cloud-based Payroll Software Market
    • Canada Cloud-based Payroll Software Market
    • Mexico Cloud-based Payroll Software Market
    • Rest of North America Cloud-based Payroll Software Market
  • Europe Cloud based Payroll Software Market Size
    • Germany Cloud-based Payroll Software Market
    • UK Cloud-based Payroll Software Market
    • France Cloud-based Payroll Software Market
    • Russia Cloud-based Payroll Software Market
    • Spain Cloud-based Payroll Software Market
    • Italy Cloud-based Payroll Software Market
    • Rest of Europe Cloud-based Payroll Software Market
  • Asia Pacific Cloud based Payroll Software Market Size
    • China Cloud-based Payroll Software Market
    • Japan Cloud-based Payroll Software Market
    • India Cloud-based Payroll Software Market
    • South Korea Cloud-based Payroll Software Market
    • Singapore Cloud-based Payroll Software Market
    • Malaysia Cloud-based Payroll Software Market
    • Rest of Asia Pacific Cloud-based Payroll Software Market
  • LAMEA Cloud based Payroll Software Market Size
    • Brazil Cloud-based Payroll Software Market
    • Argentina Cloud-based Payroll Software Market
    • UAE Cloud-based Payroll Software Market
    • Saudi Arabia Cloud-based Payroll Software Market
    • South Africa Cloud-based Payroll Software Market
    • Nigeria Cloud-based Payroll Software Market
    • Rest of LAMEA Cloud-based Payroll Software Market

Companies Profiled

  • ADP, Inc.
  • Ascentis HR Software
  • Morneau Shepell Inc. (Ceridian HCM, Inc.)
  • Unit4 (FinancialForce Software)
  • Iris Software Group Limited
  • Kronos Incorporated
  • Oracle Corporation
  • Paycom Software, Inc.
  • Sage Group
  • Zenefits Software

Unique Offerings from KBV Research

  • Exhaustive coverage of Global Cloud-based Payroll Software Market
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Cloud-based Payroll Software Market (2017-2023)

Europe Cloud-based Payroll Software Market (2017-2023)

Asia Pacific Cloud-based Payroll Software Market (2017-2023)

LAMEA Cloud-based Payroll Software Market (2017-2023)

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