Payroll Services Market Technology, Scope, Assessment, Capacity, Current Status And Forecast 2023-2032|PricewaterhouseCoopers (PwC), Ernst and Young Global Limited, Deloitte Touche Tohmatsu, KPMG International Limited, BDO International Inc.

The Payroll Services Global Market Report 2023 by The Business Research Company, provides payroll services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

Learn More On The Payroll Services Market:

https://www.thebusinessresearchcompany.com/report/payroll-services-global-market-report

According to The Business Research Company’s Payroll Services Global Market Report 2023, the global payroll services market size is expected to grow from $72.14 billion in 2022 to $74.29 billion in 2023 at a compound annual growth rate (CAGR) of 3.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global payroll services market size is expected to reach $80.66 billion in 2027 at a CAGR of 2.1%.

The increasing proliferation of mobile devices and the internet is expected to propel the growth of the payroll services market going forward. A mobile device refers to a compact, hand-held gadget that can make calls and contains a touch-screen display and other features. The majority of companies are introducing payroll apps to provide ease of use, unrivaled convenience, and the ability to increase employee engagement and business productivity. Thus, increasing penetration of mobile and internet will allow the users to access the payroll from anywhere.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample_request?id=9594&type=smp

The payroll services market is segmented:

1) By Type: Payroll And Bookkeeping Services, Tax Preparation Services, Other Accounting Services

2) By Business Size: Small Business, Medium Business, Large Business

3) By Industry Vertical: Banking, Financial Services and Insurance (BFSI), Consumer and Industrial Products, IT and Telecommunication, Public Sector, Healthcare, Other Industry Verticals

Technological advancements are a key trend gaining popularity in the payroll services market. Companies operating in the payroll services market are adopting new technologies to sustain their position in the market. For instance, in December 2021, HiBob, a Germany-based modern HR technology company, launched Payroll Hub, a central dashboard on the Bob platform that automatically changes the payroll information for businesses. The Payroll Hub allows managers to ensure that all data is accurate for upcoming pay cycles, saving time and lowering the risk of error. It integrates seamlessly with top payroll providers, including ADP Workforce Today, CloudPay, TriNet, Paylocity, and more. Payroll Hub supports both single-cycle and multi-cycle schedules to meet the unique demands of midsized businesses.

The payroll services market report table of contents includes:

  1. Executive Summary
  2. Payroll Services Market Characteristics
  3. Payroll Services Market Trends And Strategies
  4. Payroll Services Market – Macro Economic Scenario
  5. Payroll Services Market Size And Growth

.

.

.

  1. Middle East Payroll Services Market
  2. Africa Payroll Services Market
  3. Payroll Services Market Competitive Landscape And Company Profiles
  4. Key Mergers And Acquisitions In The Payroll Services Market
  5. Payroll Services Market Future Outlook and Potential Analysis

Top Major Players

  • PricewaterhouseCoopers (PwC)
  • Ernst and Young Global Limited
  • Deloitte Touche Tohmatsu
  • KPMG International Limited
  • BDO International Inc.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model