Press release
Global Welfare Management Software Market Expected to Witness a Sustainable Growth over 2023
Welfare management is the process of establishing, maintaining, and managing welfare 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.
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Global Welfare Management Software Market: Forecast by Type / Application / Region
Welfare Management 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 59% in 2018.
Welfare Management 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 47% of the global total in 2018.
According to this study, over the next five years the Welfare Management Software market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 1080 million by 2024, from US$ 730 million in 2019. In particular, this report presents the global revenue market share of key companies in Welfare Management Software business, shared in Chapter 3.
Global Welfare Management Software Market: Key Players
ADP
Workday
WEX Health
Benefitfocus
Bswift
Namely
Zenefits
Paycom
EmpowerHR/Pay
Ceridian
PlanSource
Paycor
Gusto
BambooHR
BreatheHR
Zane Benefits
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Related Information:
United States Welfare Management Software Market Research Report 2018
Europe Welfare Management Software Market Research Report 2018
North America Welfare Management Software Market Research Report 2018
Asia-Pacific Welfare Management Software Market Research Report 2018
China Welfare Management Software Market Research Report 2018
EMEA Welfare Management Software Market Research Report 2018
Global Welfare Management Software Market Research Report 2018
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