Benefits Administration Software 2019 Global Market Key Players – ADP, Workday, WEX Health, bswift - Analysis and Forecast to 2025

Benefits Administration Software Market 2019

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.
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%.

In 2018, the global Benefits Administration Software market size was 650 million US$ and it is expected to reach 1210 million US$ by the end of 2025,
with a CAGR of 8.0% during 2019-2025.

This report focuses on the global Benefits Administration Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Benefits Administration Software development in United States, Europe and China.

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The key players covered in this study
ADP
Workday
WEX Health
Benefitfocus
bswift
Namely
Zenefits
Paycom
EmpowerHR/Pay
Ceridian
PlanSource
Paycor
Gusto
BambooHR
BreatheHR
Zane Benefits

Market segment by Type, the product can be split into
On-Premise
Cloud-Based

Market segment by Application, split into
Small Business
Medium-sized Business
Large Business

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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Table of Contents –Analysis of Key Points

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Benefits Administration Software Market Size Growth Rate by Type (2014-2025)
1.4.2 On-Premise
1.4.3 Cloud-Based
1.5 Market by Application
1.5.1 Global Benefits Administration Software Market Share by Application (2014-2025)
1.5.2 Small Business
1.5.3 Medium-sized Business
1.5.4 Large Business
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Benefits Administration Software Market Size
2.2 Benefits Administration Software Growth Trends by Regions
2.2.1 Benefits Administration Software Market Size by Regions (2014-2025)
2.2.2 Benefits Administration Software Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
…………

12 International Players Profiles
12.1 ADP
12.1.1 ADP Company Details
12.1.2 Company Description and Business Overview
12.1.3 Benefits Administration Software Introduction
12.1.4 ADP Revenue in Benefits Administration Software Business (2014-2019)
12.1.5 ADP Recent Development
12.2 Workday
12.2.1 Workday Company Details
12.2.2 Company Description and Business Overview
12.2.3 Benefits Administration Software Introduction
12.2.4 Workday Revenue in Benefits Administration Software Business (2014-2019)
12.2.5 Workday Recent Development
12.3 WEX Health
12.3.1 WEX Health Company Details
12.3.2 Company Description and Business Overview
12.3.3 Benefits Administration Software Introduction
12.3.4 WEX Health Revenue in Benefits Administration Software Business (2014-2019)
12.3.5 WEX Health Recent Development
12.4 Benefitfocus
12.4.1 Benefitfocus Company Details
12.4.2 Company Description and Business Overview
12.4.3 Benefits Administration Software Introduction
12.4.4 Benefitfocus Revenue in Benefits Administration Software Business (2014-2019)
12.4.5 Benefitfocus Recent Development
12.5 bswift
12.5.1 bswift Company Details
12.5.2 Company Description and Business Overview
12.5.3 Benefits Administration Software Introduction
12.5.4 bswift Revenue in Benefits Administration Software Business (2014-2019)
12.5.5 bswift Recent Development
12.6 Namely
12.6.1 Namely Company Details
12.6.2 Company Description and Business Overview
12.6.3 Benefits Administration Software Introduction
12.6.4 Namely Revenue in Benefits Administration Software Business (2014-2019)
12.6.5 Namely Recent Development
12.7 Zenefits
12.7.1 Zenefits Company Details
12.7.2 Company Description and Business Overview
12.7.3 Benefits Administration Software Introduction
12.7.4 Zenefits Revenue in Benefits Administration Software Business (2014-2019)
12.7.5 Zenefits Recent Development
12.8 Paycom
12.8.1 Paycom Company Details
12.8.2 Company Description and Business Overview
12.8.3 Benefits Administration Software Introduction
12.8.4 Paycom Revenue in Benefits Administration Software Business (2014-2019)
12.8.5 Paycom Recent Development
Continued…..

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