Pune, May 18, 2022 (GLOBE NEWSWIRE) -- Employer of Record Market Report provide in-depth study of the current state of the Industry. Initially, the report shows a basic overview of the industry including definitions, classifications, applications, share, trend, forecast analysis, growth, Manufacturers, Industrial end users, Commercial end users, Government bodies and more….
Who Are Employer of Record Market Key Manufacturers?
Company Information: List of Top Manufacturers/ Key Players In Employer of Record Market Insights Report Are:
- Adecco
- Randstad
- Aquent
- FoxHire
- Infotree Global
- Safeguard Global
- Velocity Global
- Globalization Partners
- Shield GEO
- Acumen International
- Remote Team (Gusto)
- Deel
- Remote Technology
- Elements Global Services
- Papaya Global
- Universal Hires
- CIIC
- Links International
- New Horizons Global Partners
- Sky Executive
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Scope of the Employer of Record Market 2022:
Employer of Record Market Analysis and Insights: Global Employer of Record Market
An Employer of Record (EOR) is a third-party organization that takes responsibility for all formal employment tasks on behalf of another company. The EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws. Hiring an EOR gives the client’s company the opportunity to manage their time more efficiently and effectively.
In businesses expanding market, also come across terms: Professional Employment Organization (PEO) and Global Employment Organization (GEO). A Professional Employment Organization (PEO) also known as an International/Global PEO, allows an enterprise to hire employees in a foreign market without the need of setting up a local entity. Although quite similar to an Employer of Record, a PEO is a service firm that generally offers a more comprehensive range of HR services. A Global Employment Organization (GEO) has properties of an EOR but is more similar to a PEO, in that it allows for the administrative HR burden to be removed from a client and instead be managed by a Global Employment Organization.
Some firms take Employer of Record (EOR) business same as PEO and we abide this attribution in corresponding situation.
The global Employer of Record market size is projected to reach US$ 6604.4 million by 2028, from US$ 4299.1 million in 2021, at a CAGR of 6.8% during 2022-2028.
The major players in global employer of record market include Adecco, Randstad, etc. The top 2 players occupy about 10% shares of the global market.North America is main markets, which occupies about 4% of the global market.In terms of product, aggregator model is the largest segment, with a share over 65%. And in terms of application, the largest application is SMEs, followed by large enterprises.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Employer of Record market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Employer of Record market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Employer of Record market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Employer of Record market.
Global Employer of Record Scope and Market Size
Employer of Record market is segmented by players, region (country), by Type and by End User. Players, stakeholders, and other participants in the global Employer of Record market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by End User for the period 2017-2028.
It also discussions about the market size of different segments and their growth aspects along with growth trends, various stakeholders like investors, CEOs, traders, suppliers, Research & media, Global Manager, Director, President, SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization and others. Revenue forecast, company share, competitive landscape, growth factors and trends
COVID-19 / Great lockdown has compress the global economy and with it the manufacturing sector, production, disruption, financial.
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On the thought of the product, this report displays the assembly, revenue, price, Classifications market share and rate of growth of each type, primarily split into
- Aggregator Model
- Wholly Owned Infrastructure Model
- Segment by End User
- SMEs
- Large Enterprises
On the thought of the highest users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and rate of growth for each application, including
- Applications 1
- Applications 2
- Applications 3
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A comprehensive exploration of the market is framed by thinking about a spread of things, from socioeconomics conditions and business cycles during a specific nation to showcase explicit microeconomic effects. The examination discovered the change in market ideal models regarding local upper hand and along these lines the serious scene of significant players. Downstream interest examination and upstream crude materials and hardware furthermore regulate.
This report focuses on the Employer of Record in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. The Employer of Record market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The worldwide market for Employer of Record is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2024. according to a new study.This report focuses on the Employer of Record in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.,
Employer of Record Market growth, by Geography: Major regions covered within the report: Consumption by Region 2022:-
North America,U.S.,Canada,Europe,Germany,France,U.K.,Italy,Russia,Asia-Pacific,China,Japan,SouthKorea,India,Australia,Taiwan,Indonesia,Thailand,Malaysia,Philippines,Vietnam,Latin America,Mexico,Brazil,Argentina,Middle East & Africa,Turkey,Saudi Arabia,U.A.E
The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the Employer of Record industry. Global Employer of Record Market Report 2022 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.
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Key questions answered in Employer of Record market report:
- What will the market growth rate of Employer of Record market in 2022?
- What are the key factors driving the global Employer of Record market?
- Who are the key manufacturers in Employer of Record market space?
- What are the market opportunities, market risk and market overview of the Employer of Record market?
- What are sales, revenue, and price analysis of top manufacturers of Employer of Record market?
- Who are the distributors, traders and dealers of Employer of Record market?
- What are the Employer of Record market opportunities and threats faced by the vendors in the global Employer of Record market?
- What are sales, revenue, and price analysis by types and applications of Employer of Record market?
- What are sales, revenue, and price analysis by regions of Employer of Record market?
With tables and figures helping analyze worldwide Global Employer of Record Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market.
Major Points from Table of Contents:
Table of Contents
1 Employer of Record Market Overview
1.1 Product Overview and Scope of Employer of Record
1.2 Employer of Record Segment by Type
1.2.1 Global Employer of Record Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 Employer of Record Segment by Application
1.3.1 Global Employer of Record Consumption Comparison by Application: 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global Employer of Record Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Employer of Record Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Employer of Record Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Employer of Record Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Employer of Record Estimates and Forecasts (2017-2028)
1.5.3 Europe Employer of Record Estimates and Forecasts (2017-2028)
1.5.4 China Employer of Record Estimates and Forecasts (2017-2028)
1.5.5 Japan Employer of Record Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
2.1 Global Employer of Record Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Employer of Record Revenue Market Share by Manufacturers (2017-2022)
2.3 Employer of Record Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Employer of Record Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Employer of Record Production Sites, Area Served, Product Types
2.6 Employer of Record Market Competitive Situation and Trends
2.6.1 Employer of Record Market Concentration Rate
2.6.2 Global 5 and 10 Largest Employer of Record Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 Production Capacity by Region
3.1 Global Production Capacity of Employer of Record Market Share by Region (2017-2022)
3.2 Global Employer of Record Revenue Market Share by Region (2017-2022)
3.3 Global Employer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Employer of Record Production
3.4.1 North America Employer of Record Production Growth Rate (2017-2022)
3.4.2 North America Employer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Employer of Record Production
3.5.1 Europe Employer of Record Production Growth Rate (2017-2022)
3.5.2 Europe Employer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 China Employer of Record Production
3.6.1 China Employer of Record Production Growth Rate (2017-2022)
3.6.2 China Employer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Employer of Record Production
3.7.1 Japan Employer of Record Production Growth Rate (2017-2022)
3.7.2 Japan Employer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
4 Global Employer of Record Consumption by Region
4.1 Global Employer of Record Consumption by Region
4.1.1 Global Employer of Record Consumption by Region
4.1.2 Global Employer of Record Consumption Market Share by Region
4.2 North America
4.2.1 North America Employer of Record Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Employer of Record Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Employer of Record Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Employer of Record Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Segment by Type
5.1 Global Employer of Record Production Market Share by Type (2017-2022)
5.2 Global Employer of Record Revenue Market Share by Type (2017-2022)
5.3 Global Employer of Record Price by Type (2017-2022)
6 Segment by Application
6.1 Global Employer of Record Production Market Share by Application (2017-2022)
6.2 Global Employer of Record Revenue Market Share by Application (2017-2022)
6.3 Global Employer of Record Price by Application (2017-2022)
7 Key Companies Profiled
7.1 Company
7.1.1 Employer of Record Corporation Information
7.1.2 Employer of Record Product Portfolio
7.1. CEmployer of Record Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Company’s Main Business and Markets Served
7.1.5 Company’s Recent Developments/Updates
8 Employer of Record Manufacturing Cost Analysis
8.1 Employer of Record Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Employer of Record
8.4 Employer of Record Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Employer of Record Distributors List
9.3 Employer of Record Customers
10 Market Dynamics
10.1 Employer of Record Industry Trends
10.2 Employer of Record Market Drivers
10.3 Employer of Record Market Challenges
10.4 Employer of Record Market Restraints
11 Production and Supply Forecast
11.1 Global Forecasted Production of Employer of Record by Region (2023-2028)
11.2 North America Employer of Record Production, Revenue Forecast (2023-2028)
11.3 Europe Employer of Record Production, Revenue Forecast (2023-2028)
11.4 China Employer of Record Production, Revenue Forecast (2023-2028)
11.5 Japan Employer of Record Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Employer of Record
12.2 North America Forecasted Consumption of Employer of Record by Country
12.3 Europe Market Forecasted Consumption of Employer of Record by Country
12.4 Asia Pacific Market Forecasted Consumption of Employer of Record by Region
12.5 Latin America Forecasted Consumption of Employer of Record by Country
13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Employer of Record by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Employer of Record by Type (2023-2028)
13.1.3 Global Forecasted Price of Employer of Record by Type (2023-2028)
13.2 Global Forecasted Consumption of Employer of Record by Application (2023-2028)
13.2.1 Global Forecasted Production of Employer of Record by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Employer of Record by Application (2023-2028)
13.2.3 Global Forecasted Price of Employer of Record by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
Continued….
Reasons to buy this report:
- To get a comprehensive overview of the Employer of Record Market
- To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by the players.
- To gain insights of the countries/regions in the Employer of Record Market.
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