A Professional Employer Organizations (PEOs) manages all HR-related functions such as payroll processing, hiring employees, and other HR functions of other companies. The employee turnover ratio can be reduced considerably by employing the professional employer organization tool. PEOs allow organizations to focus on key result areas (KRA’s) and key performance areas (KPA’s) of the business, in order to generate profits.
The global professional employer organizations market is expected to grow with a CAGR of 11.2% during the forecast period. Employees get benefited if an organization opts for PEOs, as they handle HR operations for various organizations and provide various facilities such as dental, health, and life insurance, retirement plans, and others.
However, the lack of control and security concerns related to employee information are some important issues related to the market and these may hamper the future demand. Moreover, professional employer organizations keep tracking changing rules, regulations, and labour laws for various industries, which is otherwise difficult and time-consuming for organizations. These advantages will further increase the future demand for Professional Employer Organizations (PEOs) market.
The Professional Employer Organizations (PEOs) market is segmented on the basis of deployment type, applications, and organization size. Based on the organization size, the market is segmented as small businesses, mid-sized businesses, and large businesses. Large businesses have largely adopted professional employer organizations, owing to benefits such as reduction in costs, saving time on HR services, and more time for concentrating on the core business functions.
Moreover, small and mid-sized businesses are also adopting professional employer organizations services, owing to globalization and the need for quality employees. In the year 2017, North America was dominating the Professional Employer Organizations (PEOs) market, owing to the presence of key players in the region. Moreover, the Asia-Pacific region is also expected to witness significant growth during the forecast period due to the increasing number of small and medium enterprises in the region. The small and medium enterprises in this region employ the majority of the workforce and therefore, professional employer organizations will be beneficial for them.
By Deployment Mode
By Application
By Organization Size
Region
North America
Europe
Asia Pacific
LATAM
Middle East Africa
Key Players in Professional Employer Organizations (PEOs) market
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Professional Employer Organizations (PEOs) Market, 2016-2026, (US$ Mn)
2.1 Market Snapshot: Global Professional Employer Organizations (PEOs) Market
2.2 Market Dynamics
2.3 Global Professional Employer Organizations (PEOs) Market, by Segment, 2018
2.3.1 Global Professional Employer Organizations (PEOs) Market, by Deployment Type, 2018,(US$ Mn)
2.3.2 Global Professional Employer Organizations (PEOs) Market, by Application, 2018 (US$ Mn)
2.3.3 Global Professional Employer Organizations (PEOs) Market, by Organization Size, 2018 (US$ Mn)
2.3.4 Global Professional Employer Organizations (PEOs) Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Professional Employer Organizations (PEOs) Market In Developed Vs. Developing Economies, 2018 vs 2026
2.4.2 Global Professional Employer Organizations (PEOs) Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Numerous employee benefits
3.2.1 Rising demand for cost effective hiring process
3.2.2 Driver 3
3.3 Market Restraints
3.3.1 Risk to the employee information security
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Growing need for tracking changing rules and regulations of the industry
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Professional Employer Organizations (PEOs) Market, by Deployment Type
4.1 Market Overview, by Deployment Type
4.1.1 Global Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
4.1.2 Incremental Opportunity, by Deployment Type, From 2018-2026
4.2 On-Premises
4.2.1 Global Professional Employer Organizations (PEOs) Market, by On-Premises, 2016-2026, (US$ Mn)
4.3 Cloud Based
4.3.1 Global Professional Employer Organizations (PEOs) Market, by Cloud Based, 2016-2026, (US$ Mn)
Chapter 5 Global Professional Employer Organizations (PEOs) Market, by Application
5.1 Market Overview, by Application
5.1.1 Global Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
5.1.2 Incremental Opportunity, by Application, From 2018-2026
5.2 Risk Management
5.2.1 Global Professional Employer Organizations (PEOs) Market, by Risk Management, 2016-2026, (US$ Mn)
5.3 Regulatory Compliance
5.3.1 Global Professional Employer Organizations (PEOs) Market, by Regulatory Compliance, 2016-2026, (US$ Mn)
5.4 Withholding & Taxation
5.4.1 Global Professional Employer Organizations (PEOs) Market, by Withholding & Taxation, 2016-2026, (US$ Mn)
5.5 Payroll Services
5.5.1 Global Professional Employer Organizations (PEOs) Market, by Payroll Services, 2016-2026, (US$ Mn)
5.6 Human Capital Management
5.6.1 Global Professional Employer Organizations (PEOs) Market, by Human Capital Management, 2016-2026, (US$ Mn)
5.7 Insurance Services
5.7.1 Global Professional Employer Organizations (PEOs) Market, by Insurance Services, 2016-2026, (US$ Mn)
5.8 Others
5.8.1 Global Professional Employer Organizations (PEOs) Market, by Others, 2016-2026, (US$ Mn)
Chapter 6 Global Professional Employer Organizations (PEOs) Market, by Organization Size
6.1 Market Overview, by Organization Size
6.1.1 Global Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
6.1.2 Incremental Opportunity, by Organization Size, From 2018-2026
6.2 Small Businesses
6.2.1 Global Professional Employer Organizations (PEOs) Market, by Small Businesses, 2016-2026, (US$ Mn)
6.3 Mid-sized Businesses
6.3.1 Global Professional Employer Organizations (PEOs) Market, by Mid-sized Businesses, 2016-2026, (US$ Mn)
6.4 Large Businesses
6.4.1 Global Professional Employer Organizations (PEOs) Market, by Large Businesses, 2016-2026, (US$ Mn)
Chapter 7 Global Professional Employer Organizations (PEOs) Market, by Region
7.1 Market Overview, by Region
7.1.1 Global Professional Employer Organizations (PEOs) Market, by Region, 2016-2026, (US$ Mn)
7.2 Attractive Investment Opportunity, by Region, 2018
7.3 North America Professional Employer Organizations (PEOs) Market
7.3.1 North America Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
7.3.2 North America Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
7.3.1 North America Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
7.3.2 United States Country Profile
7.3.2.1 United States Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.3.3 Canada Country Profile
7.3.3.1 Canada Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.3.4 Mexico Country Profile
7.3.4.1 Mexico Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4 Europe Professional Employer Organizations (PEOs) Market
7.4.1 Europe Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
7.4.2 Europe Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
7.4.3 Europe Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
7.4.4 United Kingdom Country Profile
7.4.4.1 United Kingdom Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4.5 Germany Country Profile
7.4.5.1 Germany Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4.6 France Country Profile
7.4.6.1 France Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4.7 Italy Country Profile
7.4.7.1 Italy Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4.8 Spain Country Profile
7.4.8.1 Spain Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.4.9 Rest of Europe
7.4.9.1 Rest of Europe Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5 Asia Pacific Professional Employer Organizations (PEOs) Market
7.5.1 Asia Pacific Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
7.5.2 Asia Pacific Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
7.5.3 Asia Pacific Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
7.5.4 China Country Profile
7.5.4.1 China Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5.5 Japan Country Profile
7.5.5.1 Japan Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5.6 India Country Profile
7.5.6.1 India Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5.7 South Korea Country Profile
7.5.7.1 South Korea Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5.8 Southeast Asia Country Profile
7.5.8.1 Southeast Asia Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.5.9 Rest of Asia Pacific
7.5.9.1 Rest of Asia Pacific Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.6 Latin America Professional Employer Organizations (PEOs) Market
7.6.1 Latin America Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
7.6.2 Latin America Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
7.6.3 Latin America Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
7.6.4 Brazil Country Profile
7.6.4.1 Brazil Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.6.5 Argentina Country Profile
7.6.5.1 Argentina Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.6.6 Rest of Latin America
7.6.6.1 Rest of Latin America Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.7 Middle East & Africa Professional Employer Organizations (PEOs) Market
7.7.1 Middle East & Africa Professional Employer Organizations (PEOs) Market, by Deployment Type, 2016-2026 (US$ Mn)
7.7.2 Middle East & Africa Professional Employer Organizations (PEOs) Market, by Application, 2016-2026 (US$ Mn)
7.7.3 Middle East & Africa Professional Employer Organizations (PEOs) Market, by Organization Size, 2016-2026 (US$ Mn)
7.7.4 Southern Africa
7.7.4.1 Southern Africa Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.7.5 Northern Africa
7.7.5.1 Northern Africa Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.7.6 GCC
7.7.6.1 GCC Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
7.7.7 Rest of Middle East & Africa
7.7.7.1 Rest of Middle East & Africa Professional Employer Organizations (PEOs) Market, 2016-2026 (US$ Mn)
Chapter 8 Competitive Intelligence
8.1 Market Players Present in Market Life Cycle
8.2 Top 5 Players Comparison
8.3 Market Positioning of Key Players, 2018
8.4 Market Players Mapping
8.4.1 By Deployment Type
8.4.2 By Application
8.4.1 By Organization Size
8.4.2 By Region
8.5 Strategies Adopted by Key Market Players
8.6 Recent Developments in the Market
8.6.1 Mergers & Acquisitions, Partnership, New Product Developments
8.7 Operational Efficiency Comparison by Key Players
Chapter 9 Company Profiles
9.1 Ahead Human Resources
9.1.1 Ahead Human Resources Overview
9.1.2 Key Stakeholders/Person in Ahead Human Resources
9.1.3 Ahead Human Resources Products Portfolio
9.1.4 Ahead Human Resources Financial Overview
9.1.5 Ahead Human Resources News/Recent Developments
9.2 Alcott HR
9.2.1 Alcott HR Overview
9.2.2 Key Stakeholders/Person in Alcott HR
9.2.3 Alcott HR Products Portfolio
9.2.4 Alcott HR Financial Overview
9.2.5 Alcott HR News/Recent Developments
9.3 CoAdvantage
9.3.1 CoAdvantage Overview
9.3.2 Key Stakeholders/Person in CoAdvantage
9.3.3 CoAdvantage Products Portfolio
9.3.4 CoAdvantage Financial Overview
9.3.5 CoAdvantage News/Recent Developments
9.4 FrankCrum
9.4.1 FrankCrum Overview
9.4.2 Key Stakeholders/Person in FrankCrum
9.4.3 FrankCrum Products Portfolio
9.4.4 FrankCrum Financial Overview
9.4.5 FrankCrum News/Recent Developments
9.5 Human Capital
9.5.1 Human Capital Overview
9.5.2 Key Stakeholders/Person in Human Capital
9.5.3 Human Capital Products Portfolio
9.5.4 Human Capital Financial Overview
9.5.5 Human Capital News/Recent Developments
9.6 Oasis Outsourcing
9.6.1 Oasis Outsourcing Overview
9.6.2 Key Stakeholders/Person in Oasis Outsourcing
9.6.3 Oasis Outsourcing Products Portfolio
9.6.4 Oasis Outsourcing Financial Overview
9.6.5 Oasis Outsourcing News/Recent Developments
9.7 Pinnacle PEO Corporation
9.7.1 Pinnacle PEO Corporation Overview
9.7.2 Key Stakeholders/Person in Pinnacle PEO Corporation
9.7.3 Pinnacle PEO Corporation Products Portfolio
9.7.4 Pinnacle PEO Corporation Financial Overview
9.7.5 Pinnacle PEO Corporation News/Recent Developments
9.8 Synergy HR
9.8.1 Synergy HR Overview
9.8.2 Key Stakeholders/Person in Synergy HR
9.8.3 Synergy HR Products Portfolio
9.8.4 Synergy HR Financial Overview
9.8.5 Synergy HR News/Recent Developments
9.9 TriNet
9.9.1 TriNet Overview
9.9.2 Key Stakeholders/Person in TriNet
9.9.3 TriNet Products Portfolio
9.9.4 TriNet Financial Overview
9.9.5 TriNet News/Recent Developments
9.10 XcelHR
9.10.1 XcelHR Overview
9.10.2 Key Stakeholders/Person in XcelHR
9.10.3 XcelHR Products Portfolio
9.10.4 XcelHR Financial Overview
9.10.5 XcelHR News/Recent Developments
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