The Europe Pension Administration Software Market would witness market growth of 11.7% CAGR during the forecast period (2022-2028).
The pension administration software market is projected to reach new heights due to the increase in small businesses and technological advancements in the administration and management sector. The market for pension administration software will also grow as a result of shorter processing times, automated pension fund distribution, fewer paperwork, and more innovative technologies.
An administrator may distribute money in accordance with the specifications set out by either an employee or an employer due to the sophisticated asset module of the Pension Administration Software. As a result, less paper has to be processed, and there is less chance that the user will make a mistake. Using this software, data and contributions from both employers and workers are recorded in a single, central system, improving operational effectiveness.
Regarding the development and administration of "pensions dashboards," the UK government has produced proposed legislation. People will be able to see all of their pension information—including the state pension—online via pension dashboards. This should encourage greater retirement planning and assist in reuniting pension holders with their savings. Private enterprises may set up and manage their own dashboards, but the UK government will maintain its own pensions dashboard. The regional market for pension administration software has significant potential as a result of these regional government activities.
The Germany market dominated the Europe Pension Administration Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $572.9 million by 2028. The UK market is anticipated to grow at a CAGR of 10.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Deployment, the market is segmented into Cloud and On-premise. Based on Type, the market is segmented into Public Pension and Private Pension. Based on End User, the market is segmented into Government Agencies, Pension Plan Administrators, Employers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Pension Administration Software Market will Hit $8.6 Billion by 2028, at a CAGR of 12%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Equiniti Group plc (Siris Capital Group LLC), Civica (Camelia Investment Limited), Capita plc., Aon plc, Zellis Holdings Limited, Congruent Solutions, Inc., Levi, Ray & Shoup, Inc., PensionSoft Corporation, LLC, Sagitec Solutions, LLC, and TatvaSoft Software Development Company.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment
By Type
- Public Pension
- Private Pension
By End User
- Government Agencies
- Pension Plan Administrators
- Employers
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Equiniti Group plc (Siris Capital Group LLC)
- Civica (Camelia Investment Limited)
- Capita plc.
- Aon plc
- Zellis Holdings Limited
- Congruent Solutions, Inc.
- Levi, Ray & Shoup, Inc.
- PensionSoft Corporation, LLC
- Sagitec Solutions, LLC
- TatvaSoft Software Development Company
TABLE 1 Europe Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 2 Europe Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 3 Europe Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 4 Europe Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 5 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 10 Europe Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 11 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 16 Europe Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 17 Europe Public Pension Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Public Pension Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Private Pension Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Private Pension Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 22 Europe Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 23 Europe Government Agencies Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Government Agencies Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Pension Plan Administrators Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Pension Plan Administrators Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Employers Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Employers Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Pension Administration Software Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Pension Administration Software Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 34 Germany Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 35 Germany Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 36 Germany Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 37 Germany Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 38 Germany Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 39 Germany Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 40 Germany Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 41 Germany Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 42 Germany Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 43 UK Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 44 UK Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 45 UK Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 46 UK Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 47 UK Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 48 UK Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 49 UK Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 50 UK Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 51 UK Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 52 UK Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 53 France Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 54 France Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 55 France Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 56 France Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 57 France Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 58 France Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 59 France Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 60 France Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 61 France Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 62 France Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 63 Russia Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 64 Russia Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 65 Russia Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 66 Russia Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 67 Russia Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 68 Russia Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 69 Russia Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 70 Russia Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 71 Russia Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 72 Russia Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 73 Spain Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 74 Spain Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 75 Spain Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 76 Spain Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 77 Spain Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 78 Spain Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 79 Spain Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 80 Spain Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 81 Spain Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 82 Spain Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 83 Italy Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 84 Italy Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 85 Italy Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 86 Italy Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 87 Italy Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 88 Italy Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 89 Italy Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 90 Italy Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 91 Italy Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 92 Italy Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Pension Administration Software Market, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Pension Administration Software Market, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Pension Administration Software Market by Component, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Pension Administration Software Market by Component, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Pension Administration Software Market by Deployment, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Pension Administration Software Market by Deployment, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Pension Administration Software Market by Type, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Pension Administration Software Market by Type, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Pension Administration Software Market by End User, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Pension Administration Software Market by End User, 2022 - 2028, USD Million
TABLE 103 Key Information – Equiniti Group plc
TABLE 104 Key Information – Civica
TABLE 105 Key Information – Capita plc.
TABLE 106 Key Information – Aon plc
TABLE 107 Key Information – Zellis Holdings Limited
TABLE 108 Key Information – Congruent Solutions, Inc.
TABLE 109 Key Information – Levi, Ray & Shoup, Inc.
TABLE 110 Key Information – PensionSoft Corporation, LLC
TABLE 111 Key Information – Sagitec Solutions, LLC
TABLE 112 Key Information – TatvaSoft Software Development Company
List of Figures
FIG 1 Methodology for the research