Benefits Consulting Service market

Benefits Consulting Service Market, Global Outlook and Forecast 2022-2028

  • 08 April 2022
  • ICT & Media
  • 115 Pages
  • Report code : PMR-6982565

  • 4.7 (158)

Benefits Consulting Service Market

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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

TRI-AD

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