Benefit Management Platform Market 2021 Scope, Trends & Size Analysis

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    Technology, Media and Telecommunications Benefit Management Platform Market

    Benefit Management Platform Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment (On-Premise and Cloud-Based) and Application (SMEs and Large Business)

    Publication Month: Oct 2021 | Report Code: TIPRE00025572 | No. of Pages: 134 | Category: Technology, Media and Telecommunications | Status: Published

    The benefit management platform market is projected to reach US$ 2,466.12 million by 2028 from US$ 1,160.50 million in 2020; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.

    Benefit management platforms are designed to recognize an employee's behavior and help the employer offer various benefits for efficient business operations. Such solutions are worthwhile to enhance staff morale and reward their employment in the organization. These platforms are frequently used in practically all sizes of businesses due to their technological innovations.

    Employee benefits incorporate medical insurance, individual retirement accounts (IRAs), pension plans, vacation time, maternity leave, and sick leave. Several players operating in the global benefit management platform market are offering software solutions, which help assist benefits administrators. A good benefits administration program generates and maintains an enrolment profile for every employee, keeping track of information such as the date hired, the number of dependents, marital status, total hours worked, and attendance records. The program delivers flexibility and part-time and temporary hires, considering special employee needs and changes in government regulations. The benefits administration program can function in tandem with tax preparation software, ensuring that all allowable deductions are taken care of and maintaining detailed records for reference in case of an audit, thereby augmenting the benefit management platform market growth.

    Strategic Insights

    Several government initiatives across the US and Canada have been implemented to uptake benefit management platforms by employers. Some of the initiatives are the Consolidated Omnibus Budget Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). Employers use these platforms to provide benefits to their employees, such as hospital care, prescription drug coverage, pregnancy and childbirth, and health benefits. All these benefits enhance the confidence of employees. These initiatives are expected to boost the requirement of benefit management platforms across different industries in the US and Canada. Further, the increasing health treatment cost is creating huge opportunities for the market players to design efficient benefit management platforms across both economies.

    Impact of COVID-19 Pandemic on Benefit Management Platform Market

    The COVID-19 pandemic has severely affected North American countries, especially the US. The adoption and growth of new technologies owing to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. Presently, the US is the world's worst-affected country due to the COVID-19 outbreak.

    The US is a prominent market for benefit management platforms in companies. The huge increase in the number of confirmed cases and the rise in reported deaths in the country have positively affected software providers due to the increase in demand for their software. The business shutdowns and high health treatment costs across the US and Canada are positively impacting the adoption of the benefit management platform market. North America is home to many technology companies, and the impact of the COVID-19 outbreak was high in 2020 and the first quarter of 2021. The impact of COVID-19 is short-term, and the benefit management platforms market is expected to grow in the coming years.


    Benefit Management Platform Market

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    Market Insights

    Greater Demands for Convenience Supported by Technology

    The constant increase in organizations' spending toward offering an efficient benefit technology to provide enhanced convenience in terms of enrolment and support is aiding the demand for benefit management platforms. The trend of adopting benefit management platforms for tech-enabled convenience provided by employers in all aspects, such as on-demand services, focus on UI/UX design, and one-day shipping, is on the rise. The usability of these consumer services is a far cry from the capabilities of the legacy human capital management (HCM) systems, which were not built to handle the complex range of offerings of the new benefits ecosystem.

    Further, the younger employees are more likely to report difficulty in getting access to or understanding their benefits. In the US, they are also more likely to participate in more complex consumer-driven health plans such as high-deductible health plans (HDHPs). Employers are likely to invest in benefit technology to better support the advanced technology to boost the experience of their employees in the organization.

    Deployment-Based Market Insights

    Based on deployment, the global benefit management platform market is segmented into cloud and on-premise. Cloud-based benefit management platforms are witnessing high demand compared to their on-premise counterparts. The cloud segment generates the majority of the demand since it is comparatively less expensive due to the strong network infrastructure in developed countries. In addition, cloud-based benefit management platform vendors are highly focused on developing a high-level security patch to eliminate the risk of cyberattacks. This factor is also creating significant demand from the end users, thereby driving the benefit management platform market in the global scenario.

    Benefit Management Platform Market, by Deployment – 2020 and 2028

    Benefit Management Platform Market, by Deployment – 2020 and 2028

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    Application-Based Market Insights

    Based on application, the market is segmented into SMEs and large enterprises. There is an increase in the adoption of benefit management platforms across large enterprises, owing to the growing demand for different benefits by the employees. Similarly, employers are searching for cost-effective health benefits, insurance, and many more.

    Benefit Management Platforms Market

    Product development is the commonly adopted strategy by companies to expand their product portfolio. ADP, INC.; WORKDAY, INC.; Bswift LLC; PAYCOM SOFTWARE, INC.; and Paycor are among the key players that are implementing this strategy to enlarge their customer base and gain significant share in the global benefit management platform market, which, in turn, allows them to maintain their brand name globally. A few of the recent key developments in the market are as follows:

    In 2021,
    • Benefitfocus, Inc. (NASDAQ: BNFT) an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans, and brokers expanded its Benefit Catalog to include a full suite of benefits offerings from Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals.
    • In 2020, Selerix Systems a leading cloud-based employee benefits and engagement software supplier announced the availability of real-time API connectivity with Paycor, a provider of human capital management solutions

    Benefit Management Platform Market Segmentation:

    By Deployment

      • On-Premise
      • Cloud-Based

    By Application

      • SME
      • Large Enterprise

    Benefit Management Platform Market Company Profiles

    • Benefitfocus.Com, Inc
    • BSwift LLC
    • Empyrean
    • Employee Navigator
    • Ease
    • ADP, Inc.
    • Paycom
    • Paycor, Inc
    • Workday, Inc.
    • Businessolver.Com, Inc

    Frequently Asked Questions

    What are key driving factors behind benefit management platform market growth?
    The rising uptake of cloud technology is transforming the working pattern across diverse industry verticals by augmenting security, IT, and DevOps solutions and, thus, boosting the development of innovative and interactive solutions for improved user experience. Due to the potential benefits of cloud technology, the adoption of cloud-based solutions among enterprises has increased drastically since past few years. Cloud-based solutions enable enterprises to have easy scalability and operational flexibility along with reduced costs and operational risks. The constant development in the cloud architectures, algorithms, and integration of advanced features in cloud solutions are fueling the uptake of these solutions in diverse industry verticals, such as BFSI, IT & telecom, retail, and several others. A cloud-based benefit management platform is an attractive option for companies due to several benefits, such as extracting real time feedbacks from the customers, regular data backup, high security, comparatively low operations costs, and instant provisioning features provided by these solutions. Therefore, scalability, high level of security, operational flexibility, easy deployment, and affordability are some of key advantages that are expected to boost the uptake of cloud-based benefit management platform among enterprises in the coming years.
    What are key market opportunities for benefit management platform market?
    Several government initiatives across the regions have been implemented for the uptake of benefit management platforms by employers. Some of the initiatives are the Consolidated Omnibus Budget Reconciliation Act (COBRA), Affordable Care Act (ACA), and Health Insurance Portability and Accountability Act (HIPAA). These platforms are taken up by employers to provide several benefits to their employees, such as hospital care, prescription drug coverage, pregnancy and childbirth, and health benefits. All these benefits enhance the confidence of employees. These initiatives are expected to boost the requirement of benefit management platforms across different industries. Further, the increasing health treatment cost is also creating huge opportunities for the market players to design efficient benefit management platform across the both the economies.
    Which deployment is expected to dominate the market in the forecast period?
    The global benefit management platform market was dominated by the cloud-based segment with market share of 68.4% in 2020. In recent times, the technology sector has been increasingly witnessing a significant rise in cloud-based software. This is because cloud-based software simplifies the deployment time and significantly reduces the cost of deployment. This benefit has attracted a significant percentage of end users. With the rising demand for cloud-based software, the majority of market players in these countries are offering cloud-based products. Additionally, the Internet infrastructure has matured and flourishing in the developed as well as developing countries. This is allowing end users in both the developed countries and other developing economies to access cloud-based benefit management solutions. This factor is driving the benefit management platform market significantly.
    Which region has dominated the benefit management platform market in 2020?
    In 2020, North America led the market with a substantial revenue share, followed by Europe and APAC. North America is the most technologically advanced region, with the US and Canada as the key economies. Technological advancements have resulted in a highly competitive market in this region since these developments are attracting people at large. The region is considered a mature market for benefit management platforms due to the massive presence of diverse industries with organizations of all sizes. The prime drivers that are fostering market expansion are the expanding digital transformation among industries and increasing consumer demand to manage diversity and talent in the company. Asia Pacific is a prospective market for benefit management platform market players.
    Which are the major companies operating in the benefit management platform market?
    The major companies in benefit management platform includes ADP, INC., WORKDAY, INC., Bswift LLC, PAYCOM SOFTWARE, INC., and Paycor.
    Which application has dominated the benefit management platform market in 2020?
    The major application in benefit management platform includes SMEs and large enterprises. The large enterprises segment led the benefit management platform in 2020. The adoption of benefit management platform is witnessed to be high across large enterprises, owing to growing demand of different benefits by the employees from its employers. Similarly, the employers are searching for cost-effective health benefits, insurance, and many more.

    1. Introduction

    1.1 Scope of the Study

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Global Benefit Management Platform Market – By Deployment

    1.3.2 Global Benefit Management Platform Market – By Application

    1.3.3 Global Benefit Management Platform Market – By Geography

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Benefit Management Platform Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America PEST Analysis

    4.2.2 Europe – PEST Analysis

    4.2.3 Asia Pacific PEST Analysis

    4.2.4 Middle East & Africa PEST Analysis

    4.2.5 South America PEST Analysis

    4.3 Ecosystem Analysis

    4.4 Expert Opinion

    5. Benefit Management Platform Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Accentuating Growth of Cloud-based Solutions across Enterprises

    5.1.2 Greater Demands for Convenience Supported by Technology

    5.1.3 Higher Healthcare Costs

    5.2 Market Restraints

    5.2.1 Security and Data Privacy Issue

    5.3 Market Opportunities

    5.3.1 Several Government Initiative

    5.4 Future Trends

    5.4.1 Rising Application across SMEs

    5.5 Impact Analysis of Drivers and Restraints

    6. Benefit Management Platform Market – Global Market Analysis

    6.1 Global Benefit Management Platform Market Overview

    6.2 Global Benefit Management Platform Market Forecast and Analysis

    6.3 Market Positioning- Top Five Players

    7. Benefit Management Platform Market Analysis – By Deployment

    7.1 Overview

    7.2 Benefit Management Platform, by Deployment (2020 and 2028)

    7.3 Cloud-Based

    7.3.1 Overview

    7.3.2 Cloud-Based: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    7.4 On-Premise

    7.4.1 Overview

    7.4.2 On premise: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    8. Benefit Management Platform Market – By Application

    8.1 Overview

    8.2 Benefit Management Platform, by Application (2020 and 2028)

    8.3 Small & Medium Enterprise

    8.3.1 Overview

    8.3.2 Small & Medium Enterprise: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    8.4 Large Enterprise

    8.4.1 Overview

    8.4.2 Large Enterprise: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9. Benefit Management Platform Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Benefit Management Platform Market

    9.2.1 North America: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Benefit Management Platform Market- by Deployment

    9.2.3 North America: Benefit Management Platform Market- By Application

    9.2.4 North America: Benefit Management Platform Market- by Key Country

    9.2.4.1 US: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Benefit Management Platform Market- by Deployment

    9.2.4.1.2 US: Benefit Management Platform Market- By Application

    9.2.4.2 Canada: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Benefit Management Platform Market- by Deployment

    9.2.4.2.2 Canada: Benefit Management Platform Market- By Application

    9.2.4.3 Mexico: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Benefit Management Platform Market- by Deployment

    9.2.4.3.2 Mexico: Benefit Management Platform Market- By Application

    9.3 Europe: Benefit Management Platform Market

    9.3.1 Europe: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Benefit Management Platform Market- by Deployment

    9.3.3 Europe: Benefit Management Platform Market- By Application

    9.3.4 Europe: Benefit Management Platform Market- by Key Country

    9.3.4.1 Germany: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 Germany: Benefit Management Platform Market- by Deployment

    9.3.4.1.2 Germany: Benefit Management Platform Market- By Application

    9.3.4.2 France: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 France: Benefit Management Platform Market- by Deployment

    9.3.4.2.2 France: Benefit Management Platform Market- By Application

    9.3.4.3 Italy: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Benefit Management Platform Market- by Deployment

    9.3.4.3.2 Italy: Benefit Management Platform Market- By Application

    9.3.4.4 UK: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Benefit Management Platform Market- by Deployment

    9.3.4.4.2 UK: Benefit Management Platform Market- By Application

    9.3.4.5 Russia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Benefit Management Platform Market- by Deployment

    9.3.4.5.2 Russia: Benefit Management Platform Market- By Application

    9.3.4.6 Rest of Europe: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Benefit Management Platform Market- by Deployment

    9.3.4.6.2 Rest of Europe: Benefit Management Platform Market- By Application

    9.4 APAC: Benefit Management Platform Market

    9.4.1 APAC: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.2 APAC: Benefit Management Platform Market- by Deployment

    9.4.3 APAC: Benefit Management Platform Market- By Application

    9.4.4 APAC: Benefit Management Platform Market- by Key Country

    9.4.4.1 Australia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.1.1 Australia: Benefit Management Platform Market- by Deployment

    9.4.4.1.2 Australia: Benefit Management Platform Market- By Application

    9.4.4.2 China: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.2.1 China: Benefit Management Platform Market- by Deployment

    9.4.4.2.2 China: Benefit Management Platform Market- By Application

    9.4.4.3 India: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Benefit Management Platform Market- by Deployment

    9.4.4.3.2 India: Benefit Management Platform Market- By Application

    9.4.4.4 Japan: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.4.1 Japan: Benefit Management Platform Market- by Deployment

    9.4.4.4.2 Japan: Benefit Management Platform Market- By Application

    9.4.4.5 South Korea: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.5.1 South Korea: Benefit Management Platform Market- by Deployment

    9.4.4.5.2 South Korea: Benefit Management Platform Market- By Application

    9.4.4.6 Rest of APAC: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of APAC: Benefit Management Platform Market- by Deployment

    9.4.4.6.2 Rest of APAC: Benefit Management Platform Market- By Application

    9.5 MEA: Benefit Management Platform Market

    9.5.1 MEA: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.2 MEA: Benefit Management Platform Market- by Deployment

    9.5.3 MEA: Benefit Management Platform Market- By Application

    9.5.4 MEA: Benefit Management Platform Market- by Key Country

    9.5.4.1 South Africa: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Benefit Management Platform Market- by Deployment

    9.5.4.1.2 South Africa: Benefit Management Platform Market- By Application

    9.5.4.2 Saudi Arabia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Benefit Management Platform Market- by Deployment

    9.5.4.2.2 Saudi Arabia: Benefit Management Platform Market- By Application

    9.5.4.3 UAE: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.3.1 UAE: Benefit Management Platform Market- by Deployment

    9.5.4.3.2 UAE: Benefit Management Platform Market- By Application

    9.5.4.4 Rest of MEA: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of MEA: Benefit Management Platform Market- by Deployment

    9.5.4.4.2 Rest of MEA: Benefit Management Platform Market- By Application

    9.6 SAM: Benefit Management Platform Market

    9.6.1 SAM: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.2 SAM: Benefit Management Platform Market- by Deployment

    9.6.3 SAM: Benefit Management Platform Market- By Application

    9.6.4 SAM: Benefit Management Platform Market- by Key Country

    9.6.4.1 Brazil: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Benefit Management Platform Market- by Deployment

    9.6.4.1.2 Brazil: Benefit Management Platform Market- By Application

    9.6.4.2 Argentina: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Argentina: Benefit Management Platform Market- by Deployment

    9.6.4.2.2 Argentina: Benefit Management Platform Market- By Application

    9.6.4.3 Rest of SAM: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.3.1 Rest of SAM: Benefit Management Platform Market- by Deployment

    9.6.4.3.2 Rest of SAM: Benefit Management Platform Market- By Application

    10. Benefit Management Platform Market - COVID-19 Impact Analysis

    10.1 North America

    10.2 Europe

    10.3 APAC

    10.4 MEA

    10.5 SAM

    11. Benefit Management Platform Market - Industry Landscape

    11.1 Overview

    11.2 Market Initiative

    12. Company Profiles

    12.1 BENEFITFOCUS.COM, INC

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 bswift LLC.

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Empyrean.

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Employee Navigator

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 ease

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 ADP, Inc.

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 Paycom

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Paycor, Inc.

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 Workday, Inc.

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 Businessolver.com, Inc.

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    12.11 PlanSource

    12.11.1 Key Facts

    12.11.2 Business Description

    12.11.3 Products and Services

    12.11.4 Financial Overview

    12.11.5 SWOT Analysis

    12.11.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Glossary

    LIST OF TABLES

    Table 1. Global Benefit Management Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)

    Table 2. North America: Benefit Management Platform Market- by Deployment – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Benefit Management Platform Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 4. US: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 6. Canada: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 8. Mexico: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 9. Mexico: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 10. Europe: Benefit Management Platform Market- by Deployment – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Europe: Benefit Management Platform Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Germany: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 13. Germany: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 14. France: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 15. France: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 16. Italy: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 17. Italy: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 18. UK: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 19. UK: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 20. Russia: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 21. Russia: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 22. Rest of Europe: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 23. Rest of Europe: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 24. APAC: Benefit Management Platform Market- by Deployment – Revenue and Forecast to 2028 (US$ Million)

    Table 25. APAC: Benefit Management Platform Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Australia: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 27. Australia: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 28. China: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 29. China: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 30. India: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 31. India: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 32. Japan: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 33. Japan: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 34. South Korea: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 35. South Korea: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 36. Rest of APAC: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 37. Rest of APAC: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 38. MEA: Benefit Management Platform Market- by Deployment– Revenue and Forecast to 2028 (US$ Million)

    Table 39. MEA: Benefit Management Platform Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 40. South Africa: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 41. South Africa: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 42. Saudi Arabia: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 43. Saudi Arabia: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 44. UAE: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 45. UAE: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 46. Rest of MEA: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 47. Rest of MEA: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 48. SAM: Benefit Management Platform Market- by Deployment – Revenue and Forecast to 2028 (US$ Million)

    Table 49. SAM: Benefit Management Platform Market- By Application – Revenue and Forecast to 2028 (US$ Million)

    Table 50. Brazil: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 51. Brazil: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 52. Argentina: Benefit Management Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)

    Table 53. Argentina: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 54. Rest of SAM: Benefit Management Platform Market- by Deployment–Revenue and Forecast to 2028 (US$ Million)

    Table 55. Rest of SAM: Benefit Management Platform Market- By Application –Revenue and Forecast to 2028 (US$ Million)

    Table 56. Glossary of Terms, Benefit Management Platform Market

    LIST OF FIGURES

    Figure 1. Benefit Management Platform Market Segmentation

    Figure 2. Benefit Management Platform Market Segmentation - Geography

    Figure 3. Benefit Management Platform Market Overview

    Figure 4. Benefit Management Platform Market, By Deployment

    Figure 5. Benefit Management Platform Market, By Application

    Figure 6. Benefit Management Platform Market, By Region

    Figure 7. North America PEST Analysis

    Figure 8. Europe – PEST Analysis

    Figure 9. Asia Pacific PEST Analysis

    Figure 10. Middle East & Africa PEST Analysis

    Figure 11. South America PEST Analysis

    Figure 12. Benefit Management Platform Market Ecosystem Analysis

    Figure 13. Expert Opinion

    Figure 14. Benefit Management Platform Market Impact Analysis of Drivers and Restraints

    Figure 15. Global Benefit Management Platform Market

    Figure 16. Global Benefit Management Platform Market, Forecast and Analysis (US$ Mn)

    Figure 17. Market Positioning- Top Five Players

    Figure 18. Benefit Management Platform Market Revenue Share, by Deployment (2020 and 2028)

    Figure 19. 0n-Cloud: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 20. On premise: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 21. Benefit Management Platform Market Revenue Share, by Application (2020 and 2028)

    Figure 22. Small & Medium Enterprise: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 23. Large Enterprise: Benefit Management Platform Market– Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Benefit Management Platform Market Revenue Share, By Region (2020 and 2028)

    Figure 25. North America: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 26. North America: Benefit Management Platform Market Revenue Share, by Deployment (2020 and 2028)

    Figure 27. North America: Benefit Management Platform Market Revenue Share, By Application (2020 and 2028)

    Figure 28. North America: Benefit Management Platform Market Revenue Share, by Key Country (2020 and 2028)

    Figure 29. US: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 30. Canada: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Mexico: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Europe: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Europe: Benefit Management Platform Market Revenue Share, By Deployment (2020 and 2028)

    Figure 34. Europe: Benefit Management Platform Market Revenue Share, By Application (2020 and 2028)

    Figure 35. Europe: Benefit Management Platform Market Revenue Share, By Key Country (2020 and 2028)

    Figure 36. Germany: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 37. France: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Italy: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. UK: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Russia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Rest of Europe: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. APAC: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. APAC: Benefit Management Platform Market Revenue Share, By Deployment (2020 and 2028)

    Figure 44. APAC: Benefit Management Platform Market Revenue Share, By Application (2020 and 2028)

    Figure 45. APAC: Benefit Management Platform Market Revenue Share, By Key Country (2020 and 2028)

    Figure 46. Australia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 47. China: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 48. India: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. South Korea: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Rest of APAC: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. MEA: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. MEA: Benefit Management Platform Market Revenue Share, By Deployment (2020 and 2028)

    Figure 54. MEA: Benefit Management Platform Market Revenue Share, By Application (2020 and 2028)

    Figure 55. MEA: Benefit Management Platform Market Revenue Share, By Key Country (2020 and 2028)

    Figure 56. South Africa: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 57. Saudi Arabia: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 58. UAE: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 59. Rest of MEA: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 60. SAM: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. SAM: Benefit Management Platform Market Revenue Share, By Deployment (2020 and 2028)

    Figure 62. SAM: Benefit Management Platform Market Revenue Share, By Application (2020 and 2028)

    Figure 63. SAM: Benefit Management Platform Market Revenue Share, By Key Country (2020 and 2028)

    Figure 64. Brazil: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 65. Argentina: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Rest of SAM: Benefit Management Platform Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in APAC Country Markets

    Figure 70. Impact of COVID-19 Pandemic in MEA Country Markets

    Figure 71. Impact of COVID-19 Pandemic in SAM Country Markets

    The List of Companies - Benefit Management Platform Market

    1. Benefitfocus.Com, Inc
    2. BSwift LLC
    3. Empyrean
    4. Employee Navigator
    5. Ease
    6. ADP, Inc.
    7. Paycom
    8. Paycor, Inc
    9. Workday, Inc
    10. Businessolver.Com, Inc
    11. PlanSource
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global benefit management platform market
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the global benefit management platform market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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