Did you know that a single regulatory update in India can disrupt payroll for millions overnight? As companies navigate evolving labor codes, digitized filings, and real-time payment expectations, demand for secure and efficient payroll support is accelerating.
According to Mordor Intelligence's global and India market analysis reports, the global payroll outsourcing market is set to reach USD 51.4 billion by 2030, growing at a 9.5 percent CAGR. In India, payroll services will grow from USD 1.78 billion in 2025 to USD 2.56 billion by 2030. Specifically, payroll outsourcing in India will rise from USD 359 million in 2025 to USD 592.1 million by 2034, according to an imarc group report. This surge is fueled by compliance complexity, digital transformation, and multi-country...