EOR Industry and Market Research Reports for 2023.
Datalys, Global Market Vision, and a couple of other players have independently released their industry and market research reports on the EOR PEO market.
Datalys’ report tries to answer key questions about the EOR market, including its projected size and growth rate, key trends, driving factors, challenges to market growth, key vendors, opportunities and threats faced by them, as well as their strengths and weaknesses. Overall, the report suggests a promising outlook for the Employer of Record Services Market and highlights opportunities for growth and development.
The report released by Global Market Vision provides a comprehensive analysis of the industry’s dynamics. It includes five types of segmentations by product type, power, application, distribution channel, and region. It also covers five major regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America, with information spanning 15 years (2015 & 2030 – historic years, 2021 – base year, and 2021-2030 forecast period).
It highlights key industry dynamics, including driving factors, prevailing deterrents, potential opportunities, and future trends for the Employer of Record industry. In addition, it profiles ten companies related to Employer of Record, including a mix of leading, emerging players, market disruptors, and niche market players. It also includes an analysis of the COVID-19 impact on the Employer of Record market at the global and regional levels.
AI-powered HR tech
Magellan Ai, has rebranded and shifted its business strategy from one-to-one consulting to an AI-powered marketplace for HR tech and services solutions. The platform provides a decision support system to help buyers of global payment systems like global payroll, global employer of record services, and platforms for compliant engagement with and payments to international independent contractors.
With its innovative approach, the company aims to simplify the HR buying process and provide HR professionals, M&A specialists, and global talent managers with a streamlined and efficient experience in finding the most suitable solutions for their unique requirements.
XTM signs People 2.0
XTM Inc., a fintech firm that creates payment innovations and staff management solutions for the hospitality, personal care, and service industries, has announced that it is welcoming People2.0 to its Financial platform for Earned Wage Access (EWA) and its Timely Staff Management Platform for shift management and staff callouts.
People2.0 is a global EOR and AOR services platform, and the world’s largest enabler of global, mobile, flexible, and remote work arrangements. This addition to XTM’s platform will enhance the quality of the employee experience, according to Marilyn Schaffer, CEO of XTM, and will drive digital automation, featurization, and instant access to earnings.
