Technology News & Trends

According to a new market report published by Transparency Market Research, the global payroll & HR solutions & services market was valued at US$ 17.2 Bn in 2016 and is expected to expand at a CAGR of 9.6% from 2018 to 2026, reaching US$ 41.6 Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the payroll & HR solutions & services market in 2016. Increasing adoption of cloud based technologies in enterprises are driving the global payroll & HR solutions & services market The key driver for the global HR and payroll services market is increasing adoption of cloud technologies such as SaaS (Software as a Service) technology in enterprises. Demand for cloud based payroll systems is increasing globally. Cloud based HR payroll software and solution provides better access. Moreover, a cloud based service allows business outsourced payroll systems to scale up with employees joining a...

According to a new market report published by Transparency Market Research, the global payroll & HR solutions & services market was valued at US$ 17.2 Bn in 2016 and is expected to expand at a CAGR of 9.6% from 2018 to 2026, reaching US$ 41.6 Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the payroll & HR solutions & services market in 2016. Increasing adoption of cloud based technologies in enterprises are driving the global payroll & HR solutions & services market The key driver for the global HR and payroll services market is increasing adoption of cloud technologies such as SaaS (Software as a Service) technology in enterprises. Demand for cloud based payroll systems is increasing globally. Cloud based HR payroll software and solution provides better access. Moreover, a cloud based service allows business outsourced payroll systems to scale up with employees joining an...