For your convenience, Packaged Facts has specially prepared a PowerPoint presentation of tables to accompany North American Market for Third Party Payment, Payroll, and Healthcare Transaction Processing . To facilitate further exploration, all slides include page references to the original report.
Now approaching $40 billion based on revenue gains consistently in the double digits, the North American market for third party processing is dominated by those companies that got in early and have maintained strong technology infrastructures. Technology in the form of computer power and memory—coupled with software that has allowed for scaling up and wide bandwidth networks—has allowed many of the long-term players to maintain control even as mergers and acquisitions continue to reshape the field, as seen in the April 2007 buyout of First Data by Kohlberg Kravis. Accordingly, the sheer size of top players—such as First Data Corp. in the payment segment, with $7.1 billion in 2006 revenues, and Automatic Data Processing in the payroll segment, at $8.9 billion—is a strong determining factor in how the market will shape up and continue to grow in the years ahead. At the same time, a number of upstarts have been able to gain a foothold—SurePayroll being a notable case in the payroll segment—by creating new applications that appeal to untapped market segments, in many cases homing in on small businesses and even specific consumer demographics.
Products Covered
This fully updated report critically and quantitatively assesses the market for data and payment-related transaction outsourcing. The North American Market for Third Party Payment, Payroll, and Healthcare Transaction Processing focuses particularly on data and transaction processing in three key segments—electronic payment processing, payroll processing, and healthcare transaction processing—with separate chapters tracing the services, market trends, consumer trends, and competitive strategies driving market growth and competition within each of these industry segments. It also addresses direct-to-consumer third party processing, particularly as it relates to the Internet, as well as the development and use of Internet processing applications. In addition, it identifies and assesses the key economic drivers and regulatory changes shaping each segment of the industry, as well as the trend whereby major competitors are adopting technologies and leveraging their massive infrastructures to expand beyond their traditional core businesses. Helping to illustrate these trends are competitive profiles of leading market participants including payment processor First Data Corp., payroll processor Automatic Data Processing, Inc. (ADP), and healthcare transaction processor Emdeon Corp.
Report Methodology
The information contained in The North American Market for Third Party Payment, Payroll, and Healthcare Transaction Processing obtained from both primary and secondary research, including informal consultation with industry participants and data-gathering from myriad business sources including trade publications and newsletters; articles in consumer business newspapers and magazines; government data; information from industry and non-governmental sources; annual reports, 10Ks, and other financial releases from public companies; and related financial reports by Packaged Facts.
How You Will Benefit from this Report
If your company is interested in joining the antioxidant bandwagon, you will find The North American Market for Third Party Payment, Payroll, and Healthcare Transaction Processing invaluable, as it provides a comprehensive package of information and insight about third party processing not offered in any other single source. Contributing to that understanding will be a complete analysis of data from published and trade sources, and an examination of the trends that are affecting this market’s three major segments.
This report will help:
- Marketing Managers identify market opportunities and develop targeted promotion plans for electronic payment processing, payroll processing, and healthcare transaction processing.
- Research and development professionals stay on top of competitor initiatives and explore demand for electronic payment processing, payroll processing, and healthcare transaction processing.
- Advertising agencies to develop messages and images that promote electronic payment processing, payroll processing, and healthcare transaction processing.
- Business development executives understand the dynamics of the third party processing market and identify possible partnerships.
- Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.
|
0 items
