Benefits Consulting Service Market

Benefits consulting is an outsourced human resource (HR) service which specializes in selecting, purchasing, implementing, administering, and renewing employee benefits plans. Benefits can include group health insurance, life insurance, paid time off, pensions, student loan repayment, disability insurance, and individual retirement accounts.
Benefits Consulting Service Market contains market size and forecasts of Benefits Consulting Service in Global, including the following market information:
Global Benefits Consulting Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Benefits Consulting Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Online Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Benefits Consulting Service include Lumity, Sequoia Consulting Group, Insperity, WageWorks, ADP, WEX, Benefit Resource, Mercer and Sun Life, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Benefits Consulting Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Benefits Consulting Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Benefits Consulting Service Market Segment Percentages, by Type, 2021 (%)
Online Service
Offline Service
Global Benefits Consulting Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Benefits Consulting Service Market Segment Percentages, by Application, 2021 (%)
Government
Retail and eCommerce
Healthcare and Life Sciences
BFSI
Transportation and Logistics
Telecom and IT
Manufacturing
Others
Global Benefits Consulting Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Benefits Consulting Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Benefits Consulting Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Benefits Consulting Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lumity
Sequoia Consulting Group
Insperity
WageWorks
ADP
WEX
Benefit Resource
Mercer
Sun Life
Unum
Aon
Gallagher
BenefitHub
Colonial Life
Bright Horizons
Abbott
PayFlex Systems USA
Trupp HR
ALLIANT INSURANCE SERVICES
AlphaStaff
AmeriHealth Administrators
Genpact
Gradifi
Infinisource Benefit Services
Prestige Employee Administrators
Smart-HR
Tandem HR
Morgan Stanley
Trace Genie
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