As the global economy mends, the 2021 growth of Benefits Administration Service will have significant change from previous year. According to our (LP Information) latest study, the global Benefits Administration Service market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Benefits Administration Service market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Benefits Administration Service market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Benefits Administration Service market, reaching US$ million by the year 2028. As for the Europe Benefits Administration Service landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Benefits Administration Service players cover Lumity, Sequoia, Insperity, and WageWorks, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Benefits Administration Service market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Online Service
Offline Service
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Large Enterprises
SMEs
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Lumity
Sequoia
Insperity
WageWorks
ADP
WEX
Benefit Resource
Marsh & McLennan Companies
Sun Life Assurance Company of Canada
UNUM Group
Aon Hewitt
Arthur J. Gallagher & Co.
BenefitHub
Bright Horizons Family Solutions, LLC
Alere
Trupp HR
ALLIANT INSURANCE SERVICES
AlphaStaff
AmeriHealth Administrators
Employee Benefits Administration Services
Genpact
Gradifi
Infinisource Benefit Services
PayFlex
Prestige Employee Administrators
SmartHR
Tandem
Morgan Stanley Smith Barney LLC
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