A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk/safety management, and training and development.
Scope of the Report:This report studies the PEOs (Professional Employer Organizations) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the PEOs (Professional Employer Organizations) market by product type and applications/end industries.
The PEOs Revenue reached about 21 billion USD in 2020 from 14 billion USD in 2013 all around the world, with the CAGR of 11%.
The global PEOs (Professional Employer Organizations) market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of PEOs (Professional Employer Organizations).
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Automatic Data Processing (ADP)
Insperity
TriNet
Paychex
TEL Staffing & HR
Oasis Outsourcing
Ahead Human Resources
Group Management Services (GMS)
Alcott HR
Total HR
Solid Business Solutions
CoAdvantage
FrankCrum
Premier Employer Services
XcelHR
Abel
AccessPoint
Acadia HR
Emplicity
Employer Solutions Group
Resource Management Inc
Justworks
OneSource Business Solutions
Pinnacle PEO
Synergy HR
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Full Service PEO
ASO
Market Segment by Applications, can be divided into Small Businesses
Medium Businesses
Large Businesses
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
