Online Payroll Services Market Report Scope & Overview:

Online Payroll Services Market size was valued at USD 3.01 Bn in 2022 and is expected to reach USD 9.10 Bn by 2030, growing at a CAGR of 14.8% over the forecast period 2023-2030.

Online payroll services are web-based applications that allow businesses to handle employee payroll and tax filings. These services offer a complete payroll management solution, from time tracking and leave management to compensation and benefits administration. Online payroll services can be supplied as an on-premise or cloud-based solution.

Online Payroll Services Market Revenue Analysis

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Running a payroll service properly may be a difficult and time-consuming procedure. Organizations are now embracing online payroll systems to simplify this difficult procedure. Online payroll services allow you to execute an infinite number of payrolls every month to pay employees by direct deposit or check. The system is simple to use and manages paid leave and other difficult considerations. The platform is suitable for small enterprises when time is limited for owners. The online payroll solution prioritizes simplicity without compromising the quality of deliverables.

A company or organization can benefit from a spontaneous platform that breaks down the entire system into a few simple stages. Managing payroll online has various advantages over managing payroll in-house. Because of their flexibility and efficient use of resources, many firms choose online HR-management software as in-house technologies. The benefits of online payroll services include better productivity, fewer mistakes, employee access to data via a transparent system, and simplified compliance. These reasons are driving the market's expansion.



  • adoption of online payroll services over in-house payroll.

  • Systems that are more adaptable and transparent.


  • Expensive operating costs for IT infrastructure maintenance.


  • In SMEs, there is an increasing need for online payroll solutions.


COVID-19 has caused havoc on global economic and social systems. The illness has infiltrated various businesses' value and supply chains, including the market for online payroll services. Lockdowns were implemented by the authorities in a number of sites. We will investigate the worldwide market effect of the COVID-19 pandemic, taking into account both demand and supply.

The short- and long-term effects of the COVID-19 pandemic would be investigated in order to produce a synopsis. During and after the outbreak, this would aid in the development of business plans for all market players, including manufacturers, vendors, suppliers, distributors, and end-users.


On-premise software is software that is installed and operated on the premises of a business. This program must be purchased, installed, and maintained by the firm. It provides the organization with greater control over its data and applications, but it also necessitates more in-house IT resources to maintain and administer. The word "cloud-based" refers to programs, services, or resources made available by enterprises over the Internet. The term "cloud computing" refers to the usage of network-based services that provide resources on demand. Cloud-based solutions are often offered via a subscription or pay-as-you-go approach, making them more flexible and scalable than on-premise solutions.

In payroll processing, online payroll services are used to handle employee salaries and tax withholdings. They may also be utilized to handle new hire paperwork and provide reports on pay stubs and W-forms for employees. Online payroll services offer a safe and effective method to manage these chores, saving organizations time and money. Using an online payroll provider for new hire reporting ensures that all relevant documentation and tax forms are done on time and accurately. This can save the business time and money, as well as prevent penalties or fines for late or improper files.

Another advantage of using an online payroll provider for new hire reporting is that it may assist to simplify new employee onboarding. Keeping all of the relevant information and paperwork in one location makes it easier for HR personnel to keep track of everything and get new recruits off to a good start. Employees can use the self-service capabilities of online payroll systems to automate a variety of tasks, such as updating personal information, seeing pay stubs and tax forms, requesting time off, and more. This can save your HR staff a substantial amount of time and energy that can be put to greater use elsewhere. Employees will also enjoy the ease and openness that self-service offers.


On The Basis of Type         

  • On-premise

  • Cloud-Based

On The Basis of Application        

  • Payroll Processing

  • Payroll Tax

  • New Hire Reporting

  • Pay Options Employee Self-Service

  • HR Features

  • Other

Online Payroll Services Market Segmentation Analysis

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The worldwide Online payroll services market has been divided into five regions: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. North America held the highest market share in 2022, and it is predicted to develop rapidly over the forecast period. However, the APAC region is witnessing great growth as a result of a variety of causes such as rising local enterprises at Online payroll services. The major APAC countries are technologically advanced and provide substantial investment and income opportunities. The increasing demand across different industrial sectors, as well as rising consumer expenditure on smart solutions in countries, drive development in the APAC Online payroll services market.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major kay players are OnPay, Gusto, SurePayroll, Intuit, ADP, AmCheck, APS, BenefitMall, Big Fish Payroll Services, Fuse Workforce Management and Other Players.

OnPay​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​-Company Financial Analysis

Company Landscape Analysis​​​​​​​

Online Payroll Services Market Report Scope:
Report Attributes Details
 Market Size in 2022  US$ 3.01 Bn
 Market Size by 2030  US$ 9.10 Bn
 CAGR   CAGR of 14.8% From 2023 to 2030
 Base Year  2022
 Forecast Period  2023-2030
 Historical Data  2020-2021
 Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
 Key Segments • By Type (On-premise and Cloud-Based)
• By Application (Payroll Processing, Payroll Tax, New Hire Reporting, Pay Options Employee Self-Service, HR Features, Other)
 Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
 Company Profiles OnPay, Gusto, SurePayroll, Intuit, ADP, AmCheck, APS, BenefitMall, Big Fish Payroll Services, Fuse Workforce Management
 Key Drivers • adoption of online payroll services over in-house payroll
• Systems that are more adaptable and transparent
 Opportunity • In SMEs, there is an increasing need for online payroll solutions

Frequently Asked Questions

Ans: - The Online Payroll Services Market size was valued at USD 3.01 Bn in 2022.

Ans: - Adoption of online payroll services over in-house payroll and systems that are more adaptable and transparent.

Ans: - North America held the highest market share in 2021, and it is predicted to develop rapidly over the forecast period.

Ans: - The major kay players are OnPay, Gusto, SurePayroll, Intuit, ADP, AmCheck, APS, BenefitMall, Big Fish Payroll Services, and Fuse Workforce Management.

Ans: - The Online Payroll Services Market is growing at a CAGR of 14.8% over the forecast period 2023-2030.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis


6. Porter’s 5 forces model


7. PEST Analysis

8. Online Payroll Services Market Segmentation, by Type   

8.1 On-premise

8.2 Cloud-Based

9. Online Payroll Services Market, by Application     

9.1 Payroll Processing

9.2 Payroll Tax

9.3 New Hire Reporting

9.4 Pay Options Employee Self-Service

9.5 HR Features

9.6 Other

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company Profiles

11.1 OnPay

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Gusto

11.3 SurePayroll

11.4 Intuit

11.5 ADP

11.6 AmCheck

11.7 APS

11.8 BenefitMall

11.9 Big Fish Payroll Services

11.10 Fuse Workforce Management

12. Competitive Landscape

12.1 Competitive Benchmarking

12.2 Market Share Analysis

12.3 Recent Developments

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

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Data Bank Validation

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