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AI-Driven Market Transformation, Payroll Outsourcing Services Expected to Grow by USD 5.99 Billion from 2024-2028, Boosted by Demand for Cost Visibility

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NEW YORK, Sept. 26, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global payroll outsourcing services market size is estimated to grow by USD 5.99 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.79% during the forecast period. Growing need for payroll cost visibility is driving market growth, with a trend towards rise of multi-country and centralized outsourcing models. However, issues related to geographical transition poses a challenge. Key market players include Acara Solutions India, Accenture Plc, Alight Solutions LLC, Automatic Data Processing Inc., Ceridian HCM Holding Inc., Complete Payroll Solutions, Deloitte Touche Tohmatsu Ltd., Hewlett Packard Enterprise Co., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Intuit Inc., Paycom Software Inc., Paycor Inc., Ramco Systems Ltd., Safeguard World International LLC, TalentPro, The Access Group, Wipro Ltd., and Workday Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Payroll Outsourcing Services Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.79%

Market growth 2024-2028

USD 5993.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.49

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 55%

Key countries

US, UK, Germany, China, and Australia

Key companies profiled

Acara Solutions India, Accenture Plc, Alight Solutions LLC, Automatic Data Processing Inc., Ceridian HCM Holding Inc., Complete Payroll Solutions, Deloitte Touche Tohmatsu Ltd., Hewlett Packard Enterprise Co., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Intuit Inc., Paycom Software Inc., Paycor Inc., Ramco Systems Ltd., Safeguard World International LLC, TalentPro, The Access Group, Wipro Ltd., and Workday Inc.

Market Driver

Organizations seek experienced payroll outsourcing partners with expertise in multiple countries, managing recruitment functions through advanced methods such as benchmarking, best practices, and process improvement. The competitive landscape has intensified due to globalization, with India and China being major recipients of outsourcing projects. Eastern European countries are also adopting payroll outsourcing strategies. Mid-sized US companies are playing a larger role in the global economy, and multinational companies are rapidly adopting payroll outsourcing. Globalization offers companies the opportunity to streamline international expansion without navigating complex national regulations. Multi-Country Recruitment Process Outsourcing (MCRPO) is a growing trend, involving the outsourcing of payroll sub-processes in two or more countries, which is expected to fuel market growth during the forecast period.

Payroll outsourcing is a popular trend among businesses of all sizes, from small to large, in various industries like IT and telecommunication, healthcare, and more. By partnering with a third-party payroll outsourcing firm, companies can offload administrative tasks related to employee pay, payroll taxes, tax filing, and tax preparation. This allows businesses to focus on their core activities and save time and cost. Payroll outsourcing firms offer fully outsourced services, including payroll processing, payroll calculation, and record-keeping. They ensure compliance with labor laws and offer real-time data access through cloud computing. Hybrid payroll outsourcing enables businesses to keep their HR team involved while outsourcing specific payroll processes. Cost reduction, process automation, and information protection are key benefits. Payroll outsourcing firms provide a centralized database and unified approach, ensuring data confidentiality and work automation. Payroll reports and tax preparation are handled efficiently, reducing the workload on in-house accounting and bookkeeping teams. With payroll outsourcing, businesses can access the latest payroll software and services, ensuring accurate and timely payroll processing.

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Market Challenges

Large organizations face challenges in implementing standard payroll processes across multiple geographies due to varying compliance requirements. This complexity necessitates automation and expert teams for integration. Outsourcing payroll services becomes crucial for businesses to ensure regulatory compliance and streamlined operations. Service providers establish captive centers in respective countries to offer localized solutions and reduce costs. However, these factors may hinder market growth during the forecast period. Organizations rely on payroll outsourcing services to manage their global workforce effectively and maintain regulatory compliance. Service providers must have a strong presence and centralization to cater to diverse client needs and geographical complexities.Payroll outsourcing services have gained popularity among businesses of all sizes, including IT and telecommunication, healthcare, and others. Small, medium, and large businesses benefit from outsourcing payroll processes to focus on core competencies. Challenges such as payroll calculation, tax withholding, and labor law compliance can be efficiently managed. Hybrid payroll outsourcing offers flexibility with on-premises and cloud-based solutions. HR teams save time and resources with real-time data access and automation of processes like payroll calculation and record-keeping. Cost reduction is a significant advantage, as is the ability to access payroll reports and employee self-service options. However, data security and confidentiality are crucial concerns. Service providers must ensure data protection measures to prevent data breaches. Unified approaches to payroll outsourcing, including mobile solutions, centralized databases, and process automation, streamline operations and enhance efficiency. Core businesses trust payroll outsourcing services to handle employee salaries, wages, bonuses, and tax withholding. In today’s digital age, it’s essential to partner with a reliable provider that prioritizes information protection and data confidentiality.

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Segment Overview

This payroll outsourcing services market report extensively covers market segmentation by

Product1.1 Hybrid1.2 Fully outsourcedType2.1 Mid-market2.2 National2.3 MultinationalGeography3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Hybrid- Payroll outsourcing services allow businesses to delegate their payroll processes to specialized providers. This can save time and resources, ensuring accurate and timely payment of employee wages. Outsourcing also offers compliance with tax laws and regulations. Service providers use advanced technology and expertise to manage complex payroll tasks, providing businesses with efficient and cost-effective solutions. Companies across industries are increasingly turning to payroll outsourcing to streamline their HR functions and focus on their core business activities.

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Research Analysis

Payroll outsourcing is the practice of transferring the responsibility of managing and processing employee payroll to a third-party service provider. This includes handling administrative tasks such as calculating employee salaries, wages, bonuses, tax withholding, and payroll taxes in compliance with labor laws. Payroll outsourcing firms offer businesses various payroll processing solutions, including traditional and hybrid models, to help businesses focus on their core competencies. These firms also provide training, payroll systems, and payroll reports. Data security is a critical concern, with payroll outsourcing companies implementing measures to prevent data breaches. Mobile payroll solutions are also available, allowing businesses to manage payroll on-the-go. Payroll outsourcing is suitable for small, medium, and large businesses alike, offering cost savings, efficiency, and expertise in payroll processes.

Market Research Overview

Payroll outsourcing is the practice of transferring the responsibility of managing and processing employee payroll to a third-party service provider. This allows businesses to focus on their core competencies while outsourcing administrative tasks such as payroll processing, tax filing, and tax preparation. Payroll outsourcing firms offer fully outsourced services, including payroll calculation, payroll taxes, and record-keeping, to small, medium, and large businesses across various industries, including IT and telecommunication, healthcare, and others. Outsourcing payroll processes brings several benefits, such as cost reduction, real-time data access, time-saving, and process automation. A unified approach to payroll services, using a centralized database and software, ensures data confidentiality and information protection. Hybrid payroll outsourcing offers a combination of in-house and outsourced services, allowing businesses to maintain some control over their payroll processes while outsourcing complex tasks. Employees can also benefit from self-service options, such as mobile payroll solutions, for accessing their payroll information. Payroll outsourcing firms offer training and support to HR teams to ensure smooth implementation and ongoing management of the payroll system. Additionally, outsourcing payroll processes can help businesses stay compliant with labor laws and reduce the risk of data breaches.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductHybridFully OutsourcedTypeMid-marketNationalMultinationalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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AI-Powered Connectivity: APAC Charts a Path to a Smarter Digital Future

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Asia-Pacific’s first Broadband Development Summit brings regulators and operators to Bangkok to set the agenda

BANGKOK, July 19, 2026 /PRNewswire/ — Government officials, standards bodies and telecom operators gathered in Bangkok on 14 July for the inaugural Broadband Development Summit APAC 2026, convened by the World Broadband Association (WBBA) to build consensus on AI-era networks.

Participants included the ITU, Thailand’s National Board of the Digital Economy and Society, WBBA, IAB, FNCAP, WAA, NIDA and the IPv6 Council, alongside operators Telkomsel, XLSmart, Surge, Globe, AIS, CMI and HKT and Huawei.

Denny Deng, President of Huawei Asia Pacific Carrier Business, envisions a “faster, smarter, greener” Asia-Pacific.

VOICES FROM THE SUMMIT

“To seize the opportunities of the AI era, we call on the industry to accelerate broadband evolution, advance computing-network synergy, and strengthen the cross-border connectivity. Together, let us build faster, smarter, and greener digital infrastructure for Asia-Pacific.”
— Denny Deng, President of Asia Pacific Carrier Business, Huawei

“High-speed broadband is no longer just about ‘getting online’ — it is the vital infrastructure upon which the entire AI revolution is being built. We view AI not merely as a tool, but as a primary engine for national competitiveness and a catalyst for improving the quality of life for all.”
— Wetang Phuangsup, Ph.D., Secretary-General, the National Board of the Digital Economy and Society, Thailand

“Three initiatives define the road to 2030. We must close the quality divide so the value of broadband reaches everyone. We must build AI-ready networks — 10G access, 800GE cores, intelligence end to end. And we must do it together, through shared standards.”
— Martin Creaner, Director General of WBBA

“Moving towards next-generation networks, network architectures must continue to evolve to deliver broader connectivity, superior quality, enhanced security, and greater intelligence. This evolution is essential for Net5.5G, positioning the network not simply as infrastructure, but as the foundation that enables AI, strengthens resilience and efficiency, and supports digital transformation across industries.”
— Dhruv Dhody, Industry Standardization Expert at Huawei, Chair of the IAB, IETF

“Across Asia-Pacific, fibre is extending beyond homes and offices into rooms, devices, and machines. By working together, we can accelerate fibre innovation and adoption to build truly AI-ready infrastructure.”
— Ilham Nandana, Chair of the Market Intelligence Committee, Fiber Network Council APAC (FNCAP)

“We fixed it before you feel it!  AIS is redefining premium home broadband by combining ultra-fast connectivity with AI-driven network intelligence and smart home ecosystem — delivering proactive, invisible service excellence that transforms connectivity into differentiated customer value and sustainable ARPU growth.”
— Thanit Chaiyaboonthanit, Head of Technology Department, Broadband Business, AIS

“Connecting the Unconnected: Affordable Broadband at Scale. Create equal access to global information and empower Indonesia’s digital society.”
— Shannedy Ong, CTO of Surge Indonesia

“Beyond Connectivity: Telkomsel is transforming into a true value creator. By leveraging our FBB market-leading footprint, we power growth through service excellence, customer loyalty, and a next-generation home ecosystem.”
— Stanislaus Susatyo, Director of Sales, Telkomsel Indonesia

“We stopped treating AI as an add-on feature. Instead, our approach at Globe starts with architecture, embedding intelligence into the very core of how we build, how we sell, and how we operate.
AI continuously monitors network health, customer behavior and service quality. Rather than waiting for failures, the system predicts degradation and initiates corrective actions. By maintaining minute-level awareness of network health, our systems automatically resolve 30% of all Wi-Fi issues without any human intervention.”
— Danny Theseira, Head of Broadband Business Group at Globe Telecom

“Huawei is driving the Optics-AI Synergy to foster their collaborative growth. Through AI-ON, operators could build an AI-centric all-optical target network and establish 1-5-20ms latency circles across the Asia Pacific region. AI-ON also supports efficient computing access and usage while delivering an ultimate network experience through gigabit/ultra-gigabit home broadband, accelerating the widespread adoption of AI services.”
— Kim Jin, Vice President & Chief Marketing Officer Optical Business Product Line, Huawei

“Connectivity is not just about technology. It is a lifeline, a platform for opportunity, and a driver of sustainable development. I believe the intersection of connectivity and artificial intelligence will shape the future of smarter, more resilient networks.”
— Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau, ITU

“Performance and user experience are the essential path to the next-generation WLAN. Based on standards and AI-driven innovation, let’s jointly explore the path to the future autonomous WLAN with all the stakeholders.”
— Dr. Crane H. Yang, Secretary-General, World WLAN Application Alliance (WAA)

“At the summit, NIDA and WBBA signed an MOU to accelerate next-generation network evolution and establish pioneering smart city benchmarks through the co-development of industry standards, the harmonization of global regulations, and the sharing of vertical industry insights.
NIDA focuses on advancing network architecture standards, while WBBA drives global consensus on broadband evolution. This natural strategic complementarity creates vast opportunities for future collaboration.”
— Joey Deng, Secretary-General of NIDA

“ION-2030 develops the global standard for next generation optical networks in the AI era. It provides exceptional AI application and service experience. The WBBA and ITU will jointly accelerate its development, and this is a unique opportunity for Asia-Pacific stakeholders to actively influence the future of optical broadband networks.”
— Dr. Marcus Brunner, Chief Expert Standardization, WBBA WG1 Chair and Vice-Chair of ETSI ISG F5G

“The transition into the AI era demands a high-quality, deterministic digital foundation. By releasing Net5.5G policy guidelines, Malaysia is accelerating the evolution of next-generation network standards based on IPv6, establishing an innovative infrastructure to unleash AI’s value and drive a prosperous digital economy for 2030.”
— Prof. Sureswaran Ramadass, Chair of APAC at IPv6 Council, Industry Partner of WBBA

“The digital economy is thriving across the Asia-Pacific region, with AI emerging as a core catalyst for intelligent transformation. China Mobile International (CMI) is driving regional growth by integrating China’s advanced AI capabilities with comprehensive communications, computing, and AI services. Moving forward, CMI will collaborate closely with industry partners to foster a shared, AI-driven future for the region.”
— Paul Lin, Managing Director of Commercial and Technology, Asia Pacific, China Mobile International

“Next-generation network infrastructure is the oxygen of the intelligent economy. By integrating cutting-edge 800G connectivity with quantum-safe security, HKT is laying the essential foundations to keep Hong Kong’s enterprises highly competitive, secure, and ready for the computing paradigm shifts of tomorrow.”
— Wilson Cheung, Vice President, Broadband Design & Cyber Security, HKT

“The evolution toward Net5.5G AI WAN is an important step in strengthening XLSMART’s transport network for the future. By progressively adopting AI-assisted operations, SRv6, SDN, service differentiation, and higher-capacity transport infrastructure, we are enhancing network intelligence, operational efficiency, and service resilience while supporting long-term sustainability. This transformation is a continuous journey that aligns with the industry’s vision of AI-native broadband networks. Through collaboration with our technology partners and the broader ecosystem, we will continue to develop capabilities that deliver better network performance and support Indonesia’s growing digital connectivity needs.”
— Regie Ginanjar, Head of Transport Autonomy & Orchestration, Transport Network Transformation, XLSMART

“For the AI era, Huawei upgrades the IP bearer network via security resilience, multi-dimensional awareness, and network autonomy. This empowers carriers to guarantee service experience, accelerate monetization, and enhance efficiency, ushering in a new chapter of intelligent connectivity.”
— Arthur Wang, Vice President of Data Communication Product Line, Huawei

A CONVERGING VIEW

Speakers agreed AI is shifting networks from connectivity to intelligent connectivity, as broadband, IP, computing and cross-border infrastructure converge to support innovation and coordination.

WBBA launched the AI-Net Certification, a global benchmark for national policy, industrial ecosystems and network intelligence. XLSmart was named first AI-Net Champion, and Indonesia was among the first with a certified operator, backed by its Net5.5G roadmap.

In another high-profile segment, WBBA Director General Martin Creaner presented the Gigacity Certification to KOMDIGI, SURGE, Telkomsel, AIS, TRUE, HKT and Globe, recognizing regional broadband pioneers.

 

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SOURCE HUAWEI

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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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