Press release
Welfare Management Software Market Trends & Forecast Predicted By Global Key Players: ADP, Workday, WEX Health, Benefitfocus, Bswift, Namely, Zenefits, Paycom, EmpowerHR/Pay
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.Scope of the Report:
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.
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.
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The global Welfare Management Software market is valued at 730 million USD in 2018 and is expected to reach 1080 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 Welfare Management 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 Welfare Management 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 Welfare Management Software market by product type and applications/end industries.
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 Welfare Management Software Market Overview
2 Manufacturers Profiles
2.1 ADP
2.1.1 Business Overview
2.1.2 Welfare Management Software Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ADP Welfare Management Software Revenue, Gross Margin and Market Share (2017-2018)
3 Global Welfare Management Software Market Competition, by Players
4 Global Welfare Management Software Market Size by Regions
5 North America Welfare Management Software Revenue by Countries
6 Europe Welfare Management Software Revenue by Countries
7 Asia-Pacific Welfare Management Software Revenue by Countries
8 South America Welfare Management Software Revenue by Countries
9 Middle East and Africa Revenue Welfare Management Software by Countries
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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.
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