Core Insights - The global Employer of Record (EOR) market was valued at approximately USD 6.82 billion in 2025 and is projected to reach USD 7.45 billion in 2026, with an expected value of around USD 15.89 billion by 2035, reflecting a compound annual growth rate (CAGR) of about 9.24% from 2026 to 2035 [3][11]. Market Overview - The EOR services market enables businesses to hire foreign workers compliantly without establishing local subsidiaries, driven by increased talent mobility, remote work trends, and globalization [3][4]. - The demand for EOR services is rising due to companies expanding internationally, the growth of the gig economy, and talent shortages in local markets [4]. Technological Innovations - New technologies such as AI-based compliance checks, automated payroll processing, and unified HR systems are enhancing the efficiency and reliability of EOR providers [5]. - The emphasis on agile workforces and the adoption of affordable EOR solutions by SMEs are contributing to market growth [5]. Market Segmentation - The EOR market is segmented by service type, enterprise size, industry vertical, employment type, and region, with aggregator model EOR services being the most prevalent [6][19]. - The largest market share is held by direct sales and online platforms, which provide customized consultations and compliance assistance [7]. Regional Insights - North America is the largest market for EOR services, benefiting from a well-developed ecosystem, high remote work adoption, and advanced digital infrastructure [9][10]. - The Asia Pacific region is experiencing the fastest growth in the EOR market, driven by economic growth, technology advancements, and increasing cross-border talent needs [10]. Competitive Landscape - Key players in the EOR market include Globalization Partners, Velocity Global, Remote Technology Inc., Deel Inc., and others, focusing on innovative solutions and market expansion [17][14].

Thoropass, cofounded by Eva Pittas at 52, is a platform that combines audit and assessment with compliance automation, helping businesses streamline their processes. (Photo: Courtesy of Eva Pittas) #ForbesOver50 Innovation: https://t.co/LcCWQw2idN https://t.co/x2hFrXTBJ1 ...