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Service & Software Global Employer of Record Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM4616646
    • |
  • 26 September, 2024
    • |
  • Global
    • |
  • 131 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Service & Software

An Employer of Record (EOR) is a third-party organization that takes responsibility for all formal employment tasks on behalf of another company. The EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws. Hiring an EOR gives the client’s company the opportunity to manage their time more efficiently and effectively. Employer of Record is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, visa application, and sponsorship applications and a great many other transactions and operations concerning human resources. In businesses expanding market, also come across terms: Professional Employment Organization (PEO) and Global Employment Organization (GEO). A Professional Employment Organization (PEO) also known as an International/Global PEO, allows an enterprise to hire employees in a foreign market without the need of setting up a local entity. Although quite similar to an Employer of Record, a PEO is a service firm that generally offers a more comprehensive range of HR services. A Global Employment Organization (GEO) has properties of an EOR but is more similar to a PEO, in that it allows for the administrative HR burden to be removed from a client and instead be managed by a Global Employment Organization. Some firms take Employer of Record (EOR) business same as PEO and we abide this attribution in corresponding situation.
According to our (Global Info Research) latest study, the global Employer of Record Services market size was valued at US$ 136 million in 2023 and is forecast to a readjusted size of USD 212 million by 2030 with a CAGR of 6.6% during review period.
Important employer of record services players in Global Market include Adecco, Randstad and Aquent, hold a share around 10%. North America is the largest market, occupied for around 40 percent. In term of type, aggregator model is the biggest segment with around 70% market share, in terms of end users, SMEs are the largest downstream market with a share about 70%.
This report is a detailed and comprehensive analysis for global Employer of Record Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Employer of Record Services market size and forecasts, in consumption value ($ Million), 2019-2030
Global Employer of Record Services market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Employer of Record Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Employer of Record Services market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Employer of Record Services
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Employer of Record Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Adecco, Randstad, Aquent, FoxHire, Infotree Global, Safeguard Global, Velocity Global, Globalization Partners, Shield GEO, Acumen International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Employer of Record Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Employer of Record Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Aggregator Model
Wholly Owned Infrastructure Model
Market segment by Application
SMEs
Large Enterprises
Market segment by players, this report covers
Adecco
Randstad
Aquent
FoxHire
Infotree Global
Safeguard Global
Velocity Global
Globalization Partners
Shield GEO
Acumen International
Remote Team (Gusto)
Deel
Remote Technology
Elements Global Services
Papaya Global
Universal Hires
CIIC
Links International
New Horizons Global Partners
Sky Executive
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Employer of Record Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Employer of Record Services, with revenue, gross margin, and global market share of Employer of Record Services from 2019 to 2024.
Chapter 3, the Employer of Record Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Employer of Record Services market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Employer of Record Services.
Chapter 13, to describe Employer of Record Services research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Employer of Record Services by Type
    • 1.3.1 Overview: Global Employer of Record Services Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Employer of Record Services Consumption Value Market Share by Type in 2023
    • 1.3.3 Aggregator Model
    • 1.3.4 Wholly Owned Infrastructure Model
  • 1.4 Global Employer of Record Services Market by Application
    • 1.4.1 Overview: Global Employer of Record Services Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 SMEs
    • 1.4.3 Large Enterprises
  • 1.5 Global Employer of Record Services Market Size & Forecast
  • 1.6 Global Employer of Record Services Market Size and Forecast by Region
    • 1.6.1 Global Employer of Record Services Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Employer of Record Services Market Size by Region, (2019-2030)
    • 1.6.3 North America Employer of Record Services Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Employer of Record Services Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Employer of Record Services Market Size and Prospect (2019-2030)
    • 1.6.6 South America Employer of Record Services Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa Employer of Record Services Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Adecco
    • 2.1.1 Adecco Details
    • 2.1.2 Adecco Major Business
    • 2.1.3 Adecco Employer of Record Services Product and Solutions
    • 2.1.4 Adecco Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Adecco Recent Developments and Future Plans
  • 2.2 Randstad
    • 2.2.1 Randstad Details
    • 2.2.2 Randstad Major Business
    • 2.2.3 Randstad Employer of Record Services Product and Solutions
    • 2.2.4 Randstad Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Randstad Recent Developments and Future Plans
  • 2.3 Aquent
    • 2.3.1 Aquent Details
    • 2.3.2 Aquent Major Business
    • 2.3.3 Aquent Employer of Record Services Product and Solutions
    • 2.3.4 Aquent Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Aquent Recent Developments and Future Plans
  • 2.4 FoxHire
    • 2.4.1 FoxHire Details
    • 2.4.2 FoxHire Major Business
    • 2.4.3 FoxHire Employer of Record Services Product and Solutions
    • 2.4.4 FoxHire Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 FoxHire Recent Developments and Future Plans
  • 2.5 Infotree Global
    • 2.5.1 Infotree Global Details
    • 2.5.2 Infotree Global Major Business
    • 2.5.3 Infotree Global Employer of Record Services Product and Solutions
    • 2.5.4 Infotree Global Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Infotree Global Recent Developments and Future Plans
  • 2.6 Safeguard Global
    • 2.6.1 Safeguard Global Details
    • 2.6.2 Safeguard Global Major Business
    • 2.6.3 Safeguard Global Employer of Record Services Product and Solutions
    • 2.6.4 Safeguard Global Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Safeguard Global Recent Developments and Future Plans
  • 2.7 Velocity Global
    • 2.7.1 Velocity Global Details
    • 2.7.2 Velocity Global Major Business
    • 2.7.3 Velocity Global Employer of Record Services Product and Solutions
    • 2.7.4 Velocity Global Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Velocity Global Recent Developments and Future Plans
  • 2.8 Globalization Partners
    • 2.8.1 Globalization Partners Details
    • 2.8.2 Globalization Partners Major Business
    • 2.8.3 Globalization Partners Employer of Record Services Product and Solutions
    • 2.8.4 Globalization Partners Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Globalization Partners Recent Developments and Future Plans
  • 2.9 Shield GEO
    • 2.9.1 Shield GEO Details
    • 2.9.2 Shield GEO Major Business
    • 2.9.3 Shield GEO Employer of Record Services Product and Solutions
    • 2.9.4 Shield GEO Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Shield GEO Recent Developments and Future Plans
  • 2.10 Acumen International
    • 2.10.1 Acumen International Details
    • 2.10.2 Acumen International Major Business
    • 2.10.3 Acumen International Employer of Record Services Product and Solutions
    • 2.10.4 Acumen International Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Acumen International Recent Developments and Future Plans
  • 2.11 Remote Team (Gusto)
    • 2.11.1 Remote Team (Gusto) Details
    • 2.11.2 Remote Team (Gusto) Major Business
    • 2.11.3 Remote Team (Gusto) Employer of Record Services Product and Solutions
    • 2.11.4 Remote Team (Gusto) Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Remote Team (Gusto) Recent Developments and Future Plans
  • 2.12 Deel
    • 2.12.1 Deel Details
    • 2.12.2 Deel Major Business
    • 2.12.3 Deel Employer of Record Services Product and Solutions
    • 2.12.4 Deel Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Deel Recent Developments and Future Plans
  • 2.13 Remote Technology
    • 2.13.1 Remote Technology Details
    • 2.13.2 Remote Technology Major Business
    • 2.13.3 Remote Technology Employer of Record Services Product and Solutions
    • 2.13.4 Remote Technology Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Remote Technology Recent Developments and Future Plans
  • 2.14 Elements Global Services
    • 2.14.1 Elements Global Services Details
    • 2.14.2 Elements Global Services Major Business
    • 2.14.3 Elements Global Services Employer of Record Services Product and Solutions
    • 2.14.4 Elements Global Services Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Elements Global Services Recent Developments and Future Plans
  • 2.15 Papaya Global
    • 2.15.1 Papaya Global Details
    • 2.15.2 Papaya Global Major Business
    • 2.15.3 Papaya Global Employer of Record Services Product and Solutions
    • 2.15.4 Papaya Global Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Papaya Global Recent Developments and Future Plans
  • 2.16 Universal Hires
    • 2.16.1 Universal Hires Details
    • 2.16.2 Universal Hires Major Business
    • 2.16.3 Universal Hires Employer of Record Services Product and Solutions
    • 2.16.4 Universal Hires Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Universal Hires Recent Developments and Future Plans
  • 2.17 CIIC
    • 2.17.1 CIIC Details
    • 2.17.2 CIIC Major Business
    • 2.17.3 CIIC Employer of Record Services Product and Solutions
    • 2.17.4 CIIC Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 CIIC Recent Developments and Future Plans
  • 2.18 Links International
    • 2.18.1 Links International Details
    • 2.18.2 Links International Major Business
    • 2.18.3 Links International Employer of Record Services Product and Solutions
    • 2.18.4 Links International Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 Links International Recent Developments and Future Plans
  • 2.19 New Horizons Global Partners
    • 2.19.1 New Horizons Global Partners Details
    • 2.19.2 New Horizons Global Partners Major Business
    • 2.19.3 New Horizons Global Partners Employer of Record Services Product and Solutions
    • 2.19.4 New Horizons Global Partners Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.19.5 New Horizons Global Partners Recent Developments and Future Plans
  • 2.20 Sky Executive
    • 2.20.1 Sky Executive Details
    • 2.20.2 Sky Executive Major Business
    • 2.20.3 Sky Executive Employer of Record Services Product and Solutions
    • 2.20.4 Sky Executive Employer of Record Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.20.5 Sky Executive Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Employer of Record Services Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Employer of Record Services by Company Revenue
    • 3.2.2 Top 3 Employer of Record Services Players Market Share in 2023
    • 3.2.3 Top 6 Employer of Record Services Players Market Share in 2023
  • 3.3 Employer of Record Services Market: Overall Company Footprint Analysis
    • 3.3.1 Employer of Record Services Market: Region Footprint
    • 3.3.2 Employer of Record Services Market: Company Product Type Footprint
    • 3.3.3 Employer of Record Services Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Employer of Record Services Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Employer of Record Services Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Employer of Record Services Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Employer of Record Services Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Employer of Record Services Consumption Value by Type (2019-2030)
  • 6.2 North America Employer of Record Services Market Size by Application (2019-2030)
  • 6.3 North America Employer of Record Services Market Size by Country
    • 6.3.1 North America Employer of Record Services Consumption Value by Country (2019-2030)
    • 6.3.2 United States Employer of Record Services Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Employer of Record Services Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Employer of Record Services Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Employer of Record Services Consumption Value by Type (2019-2030)
  • 7.2 Europe Employer of Record Services Consumption Value by Application (2019-2030)
  • 7.3 Europe Employer of Record Services Market Size by Country
    • 7.3.1 Europe Employer of Record Services Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Employer of Record Services Market Size and Forecast (2019-2030)
    • 7.3.3 France Employer of Record Services Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Employer of Record Services Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Employer of Record Services Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Employer of Record Services Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Employer of Record Services Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Employer of Record Services Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Employer of Record Services Market Size by Region
    • 8.3.1 Asia-Pacific Employer of Record Services Consumption Value by Region (2019-2030)
    • 8.3.2 China Employer of Record Services Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Employer of Record Services Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Employer of Record Services Market Size and Forecast (2019-2030)
    • 8.3.5 India Employer of Record Services Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Employer of Record Services Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Employer of Record Services Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Employer of Record Services Consumption Value by Type (2019-2030)
  • 9.2 South America Employer of Record Services Consumption Value by Application (2019-2030)
  • 9.3 South America Employer of Record Services Market Size by Country
    • 9.3.1 South America Employer of Record Services Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Employer of Record Services Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Employer of Record Services Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Employer of Record Services Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Employer of Record Services Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Employer of Record Services Market Size by Country
    • 10.3.1 Middle East & Africa Employer of Record Services Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Employer of Record Services Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Employer of Record Services Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Employer of Record Services Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Employer of Record Services Market Drivers
  • 11.2 Employer of Record Services Market Restraints
  • 11.3 Employer of Record Services Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Employer of Record Services Industry Chain
  • 12.2 Employer of Record Services Upstream Analysis
  • 12.3 Employer of Record Services Midstream Analysis
  • 12.4 Employer of Record Services Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Employer of Record Services. Industry analysis & Market Report on Employer of Record Services is a syndicated market report, published as Global Employer of Record Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Employer of Record Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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