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Download Free sampleInternational PEO (Professional Employer Organization) is a flexible employment solution that enables businesses to employ workers in a foreign country, bypassing the need to first establish a legal entity before operating in that market. International PEO service providers support companies looking to expand their operations globally. They help companies gain a legal presence in foreign locations without having to establish their own legal entity and take on the associated risks. International PEO providers can assist with a company?s global hiring, HR, benefits, payroll, taxes, and compliance needs, among other needs.
Employer of Record (EOR) is an alternative payroll solution often provided by staffing companies. And they become a full legal employer of the payroll employee. The EOR handles timekeeping, payroll, compliance, benefits, unemployment claims, worker's comp, etc.
International PEO and EOR Service Market contains market size and forecasts of International PEO and EOR Service in Global, including the following market information:
The global International PEO and EOR 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.
Professional Employer Organization (PEO) Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of International PEO and EOR Service include Automatic Data Processing (ADP), Acumen International, ELEMENTS GLOBAL SERVICES, EuroDev, Globalization Partners, Global Upside, iWorkGlobal, Mauve Group and New Horizons Global Partners, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the International PEO and EOR 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 International PEO and EOR Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global International PEO and EOR Service Market Segment Percentages, by Type, 2021 (%)
Global International PEO and EOR Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global International PEO and EOR Service Market Segment Percentages, by Application, 2021 (%)
Global International PEO and EOR Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global International PEO and EOR Service Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
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