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Services & Software

Global Benefits Administration Software Market 2019 by Company, Regions, Type and Application, Forecast to 2024

This report studies the Benefits Administration Software market, Benefits administration is the process of establishing, maintaining, and managing benefits for the employees of an organization. Employee benefits typically include medical insurance, pension plans, individual retirement accounts (IRAs), vacation time, sick time, and maternity leave. Numerous vendors offer software that can assist benefits administrators.

A good benefits administration program creates and maintains an enrolment profile for every employee, keeping track of information such as the date hired, marital status, number of dependents, total hours worked, and attendance records. The program offers flexibility, taking into account special employee needs, part-time and temporary hires, and changes in government regulations. The benefits administration program can function in tandem with tax preparation software, ensuring that all allowable deductions are taken and maintaining detailed records for reference in case of an audit.

Scope of the Report:

Benefits Administration Software can be classified to cloud-based and on-promise type, and the cloud-based type is leading the growing market at present with the share of 57.06% in 2017.

Benefits Administration Software is mainly used for three applications: Small Business, Medium-sized Business and Large Business. And Large Business was the most widely used area which took up about 48.23% of the global total in 2017.

United States is the largest consumption countries of Benefits Administration Software in the world in the past few years and it will keep increasing in the next few years. United States market took up about 57.82% the global market in 2017, while Europe was about 15.99%.

The global Benefits Administration Software market is valued at 650 million USD in 2018 and is expected to reach 1030 million USD by the end of 2024, growing at a CAGR of 8.0% between 2019 and 2024.

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 Benefits Administration Software.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Benefits Administration Software 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 Benefits Administration Software market by product type and applications/end industries.

Market Segment by Companies, this report covers

ADP

Workday

WEX Health

Benefitfocus

bswift

Namely

Zenefits

Paycom

EmpowerHR/Pay

Ceridian

PlanSource

Paycor

Gusto

BambooHR

BreatheHR

Zane Benefits

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

On-Premise

Cloud-Based

Market Segment by Applications, can be divided into

Small Business

Medium-sized Business

Large Business
Table of Contents

1 Benefits Administration Software Market Overview

1.1 Product Overview and Scope of Benefits Administration Software

1.2 Classification of Benefits Administration Software by Types

1.2.1 Global Benefits Administration Software Revenue Comparison by Types (2019-2024)

1.2.2 Global Benefits Administration Software Revenue Market Share by Types in 2018

1.2.3 On-Premise

1.2.4 Cloud-Based

1.3 Global Benefits Administration Software Market by Application

1.3.1 Global Benefits Administration Software Market Size and Market Share Comparison by Applications (2014-2024)

1.3.2 Small Business

1.3.3 Medium-sized Business

1.3.4 Large Business

1.4 Global Benefits Administration Software Market by Regions

1.4.1 Global Benefits Administration Software Market Size (Million USD) Comparison by Regions (2014-2024)

1.4.1 North America (USA, Canada and Mexico) Benefits Administration Software Status and Prospect (2014-2024)

1.4.2 Europe (Germany, France, UK, Russia and Italy) Benefits Administration Software Status and Prospect (2014-2024)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Benefits Administration Software Status and Prospect (2014-2024)

1.4.4 South America (Brazil, Argentina, Colombia) Benefits Administration Software Status and Prospect (2014-2024)

1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Benefits Administration Software Status and Prospect (2014-2024)

1.5 Global Market Size of Benefits Administration Software (2014-2024)

2 Manufacturers Profiles

2.1 ADP

2.1.1 Business Overview

2.1.2 Benefits Administration Software Type and Applications

2.1.2.1 Product A

2.1.2.2 Product B

2.1.3 ADP Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.2 Workday

2.2.1 Business Overview

2.2.2 Benefits Administration Software Type and Applications

2.2.2.1 Product A

2.2.2.2 Product B

2.2.3 Workday Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.3 WEX Health

2.3.1 Business Overview

2.3.2 Benefits Administration Software Type and Applications

2.3.2.1 Product A

2.3.2.2 Product B

2.3.3 WEX Health Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.4 Benefitfocus

2.4.1 Business Overview

2.4.2 Benefits Administration Software Type and Applications

2.4.2.1 Product A

2.4.2.2 Product B

2.4.3 Benefitfocus Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.5 bswift

2.5.1 Business Overview

2.5.2 Benefits Administration Software Type and Applications

2.5.2.1 Product A

2.5.2.2 Product B

2.5.3 bswift Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.6 Namely

2.6.1 Business Overview

2.6.2 Benefits Administration Software Type and Applications

2.6.2.1 Product A

2.6.2.2 Product B

2.6.3 Namely Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.7 Zenefits

2.7.1 Business Overview

2.7.2 Benefits Administration Software Type and Applications

2.7.2.1 Product A

2.7.2.2 Product B

2.7.3 Zenefits Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.8 Paycom

2.8.1 Business Overview

2.8.2 Benefits Administration Software Type and Applications

2.8.2.1 Product A

2.8.2.2 Product B

2.8.3 Paycom Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.9 EmpowerHR/Pay

2.9.1 Business Overview

2.9.2 Benefits Administration Software Type and Applications

2.9.2.1 Product A

2.9.2.2 Product B

2.9.3 EmpowerHR/Pay Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.10 Ceridian

2.10.1 Business Overview

2.10.2 Benefits Administration Software Type and Applications

2.10.2.1 Product A

2.10.2.2 Product B

2.10.3 Ceridian Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.11 PlanSource

2.11.1 Business Overview

2.11.2 Benefits Administration Software Type and Applications

2.11.2.1 Product A

2.11.2.2 Product B

2.11.3 PlanSource Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.12 Paycor

2.12.1 Business Overview

2.12.2 Benefits Administration Software Type and Applications

2.12.2.1 Product A

2.12.2.2 Product B

2.12.3 Paycor Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.13 Gusto

2.13.1 Business Overview

2.13.2 Benefits Administration Software Type and Applications

2.13.2.1 Product A

2.13.2.2 Product B

2.13.3 Gusto Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.14 BambooHR

2.14.1 Business Overview

2.14.2 Benefits Administration Software Type and Applications

2.14.2.1 Product A

2.14.2.2 Product B

2.14.3 BambooHR Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.15 BreatheHR

2.15.1 Business Overview

2.15.2 Benefits Administration Software Type and Applications

2.15.2.1 Product A

2.15.2.2 Product B

2.15.3 BreatheHR Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

2.16 Zane Benefits

2.16.1 Business Overview

2.16.2 Benefits Administration Software Type and Applications

2.16.2.1 Product A

2.16.2.2 Product B

2.16.3 Zane Benefits Benefits Administration Software Revenue, Gross Margin and Market Share (2017-2018)

3 Global Benefits Administration Software Market Competition, by Players

3.1 Global Benefits Administration Software Revenue and Share by Players (2014-2019)

3.2 Market Concentration Rate

3.2.1 Top 5 Benefits Administration Software Players Market Share

3.2.2 Top 10 Benefits Administration Software Players Market Share

3.3 Market Competition Trend

4 Global Benefits Administration Software Market Size by Regions

4.1 Global Benefits Administration Software Revenue and Market Share by Regions

4.2 North America Benefits Administration Software Revenue and Growth Rate (2014-2019)

4.3 Europe Benefits Administration Software Revenue and Growth Rate (2014-2019)

4.4 Asia-Pacific Benefits Administration Software Revenue and Growth Rate (2014-2019)

4.5 South America Benefits Administration Software Revenue and Growth Rate (2014-2019)

4.6 Middle East and Africa Benefits Administration Software Revenue and Growth Rate (2014-2019)

5 North America Benefits Administration Software Revenue by Countries

5.1 North America Benefits Administration Software Revenue by Countries (2014-2019)

5.2 USA Benefits Administration Software Revenue and Growth Rate (2014-2019)

5.3 Canada Benefits Administration Software Revenue and Growth Rate (2014-2019)

5.4 Mexico Benefits Administration Software Revenue and Growth Rate (2014-2019)

6 Europe Benefits Administration Software Revenue by Countries

6.1 Europe Benefits Administration Software Revenue by Countries (2014-2019)

6.2 Germany Benefits Administration Software Revenue and Growth Rate (2014-2019)

6.3 UK Benefits Administration Software Revenue and Growth Rate (2014-2019)

6.4 France Benefits Administration Software Revenue and Growth Rate (2014-2019)

6.5 Russia Benefits Administration Software Revenue and Growth Rate (2014-2019)

6.6 Italy Benefits Administration Software Revenue and Growth Rate (2014-2019)

7 Asia-Pacific Benefits Administration Software Revenue by Countries

7.1 Asia-Pacific Benefits Administration Software Revenue by Countries (2014-2019)

7.2 China Benefits Administration Software Revenue and Growth Rate (2014-2019)

7.3 Japan Benefits Administration Software Revenue and Growth Rate (2014-2019)

7.4 Korea Benefits Administration Software Revenue and Growth Rate (2014-2019)

7.5 India Benefits Administration Software Revenue and Growth Rate (2014-2019)

7.6 Southeast Asia Benefits Administration Software Revenue and Growth Rate (2014-2019)

8 South America Benefits Administration Software Revenue by Countries

8.1 South America Benefits Administration Software Revenue by Countries (2014-2019)

8.2 Brazil Benefits Administration Software Revenue and Growth Rate (2014-2019)

8.3 Argentina Benefits Administration Software Revenue and Growth Rate (2014-2019)

8.4 Colombia Benefits Administration Software Revenue and Growth Rate (2014-2019)

9 Middle East and Africa Revenue Benefits Administration Software by Countries

9.1 Middle East and Africa Benefits Administration Software Revenue by Countries (2014-2019)

9.2 Saudi Arabia Benefits Administration Software Revenue and Growth Rate (2014-2019)

9.3 UAE Benefits Administration Software Revenue and Growth Rate (2014-2019)

9.4 Egypt Benefits Administration Software Revenue and Growth Rate (2014-2019)

9.5 Nigeria Benefits Administration Software Revenue and Growth Rate (2014-2019)

9.6 South Africa Benefits Administration Software Revenue and Growth Rate (2014-2019)

10 Global Benefits Administration Software Market Segment by Type

10.1 Global Benefits Administration Software Revenue and Market Share by Type (2014-2019)

10.2 Global Benefits Administration Software Market Forecast by Type (2019-2024)

10.3 On-Premise Revenue Growth Rate (2014-2024)

10.4 Cloud-Based Revenue Growth Rate (2014-2024)

11 Global Benefits Administration Software Market Segment by Application

11.1 Global Benefits Administration Software Revenue Market Share by Application (2014-2019)

11.2 Benefits Administration Software Market Forecast by Application (2019-2024)

11.3 Small Business Revenue Growth (2014-2019)

11.4 Medium-sized Business Revenue Growth (2014-2019)

11.5 Large Business Revenue Growth (2014-2019)

12 Global Benefits Administration Software Market Size Forecast (2019-2024)

12.1 Global Benefits Administration Software Market Size Forecast (2019-2024)

12.2 Global Benefits Administration Software Market Forecast by Regions (2019-2024)

12.3 North America Benefits Administration Software Revenue Market Forecast (2019-2024)

12.4 Europe Benefits Administration Software Revenue Market Forecast (2019-2024)

12.5 Asia-Pacific Benefits Administration Software Revenue Market Forecast (2019-2024)

12.6 South America Benefits Administration Software Revenue Market Forecast (2019-2024)

12.7 Middle East and Africa Benefits Administration Software Revenue Market Forecast (2019-2024)

13 Research Findings and Conclusion

14 Appendix

14.1 Methodology

14.2 Data Source
  • FORMAT: PDF
  • PUBLISHED DATE: Dec, 2019
  • NO OF PAGES: 125