The global Employer of Record Platform market size is predicted to grow from US$ 5026 million in 2025 to US$ 7566 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.

An Employer of Record (EOR) is a third-party organization that takes responsibility for all formal employment tasks on behalf of another company. The EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws. Hiring an EOR gives the client?s company the opportunity to manage their time more efficiently and effectively. Employer of Record is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, visa application, and sponsorship applications and a great many other transactions and operations concerning human resources. In businesses expanding market, also come across terms: Professional Employment Organization (PEO) and Global Employment Organization (GEO). A Professional Employment Organization (PEO) also known as an International/Global PEO, allows an enterprise to hire employees in a foreign market without the need of setting up a local entity. Although quite similar to an Employer of Record, a PEO is a service firm that generally offers a more comprehensive range of HR services. A Global Employment Organization (GEO) has properties of an EOR but is more similar to a PEO, in that it allows for the administrative HR burden to be removed from a client and instead be managed by a Global Employment Organization. Some firms take Employer of Record (EOR) business same as PEO and we abide this attribution in corresponding situation.

The representative regions are North America, Europe and Asia-Pacific, with 94.21% market share in 2022. North America accounting for more than 40% market share currently, China has great development trend.

LPI (LP Information) newest research report, the ?Employer of Record Platform Industry Forecast? looks at past sales and reviews total world Employer of Record Platform sales in 2024, providing a comprehensive analysis by region and market sector of projected Employer of Record Platform sales for 2025 through 2031. With Employer of Record Platform sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Employer of Record Platform industry.

This Insight Report provides a comprehensive analysis of the global Employer of Record Platform landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Employer of Record Platform portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Employer of Record Platform market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Employer of Record Platform and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Employer of Record Platform.

This report presents a comprehensive overview, market shares, and growth opportunities of Employer of Record Platform market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Aggregator Model
    Wholly Owned Infrastructure Model

Segmentation by Application:

    SMEs
    Large Enterprises

This report also splits the market by region:

    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 below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.

    Adecco
    Randstad
    Aquent
    FoxHire
    Infotree Global
    Safeguard Global
    Velocity Global
    Globalization Partners
    Shield GEO
    Acumen International
    Remote Team (Gusto)
    Deel
    Remote Technology
    Elements Global Services
    Papaya Global
    Universal Hires
    CIIC
    Links International
    New Horizons Global Partners
    Sky Executive