Online Payroll Service Market Size and Growth
The Online Payroll Service market is experiencing robust growth, driven by increasing demand for automated solutions and regulatory compliance. The global market size is estimated to reach approximately $15 billion by 2025, reflecting a CAGR of 10%. Key trends include cloud integration and enhanced data security measures to support businesses' payroll needs.
Companies Covered
(Covid 19 Impact Covered)
◍ OnPay
◍ Gusto
◍ SurePayroll
◍ Intuit
◍ ADP
◍ AmCheck
◍ APS
◍ BenefitMall
◍ Big Fish Payroll Services
◍ Fuse Workforce Management
◍ GetPayroll
◍ IOIPay
◍ MyPayrollHR
◍ Patriot Software
◍ Paychex
◍ Paycor
◍ Paylocity
◍ PrimePay
The Online Payroll Service Market is competitive, featuring companies like Gusto and Paychex, which streamline payroll processes for businesses. By offering user-friendly platforms, integrations, and compliance support, these companies enhance efficiency and drive market growth.
Sales revenue (selected companies):
- ADP: $15 billion - Paychex: $4.5 billion
- Intuit: $9.6 billion
