The global electronic payslip service market is experiencing rapid expansion, fueled by increasing adoption of digital payroll solutions by businesses worldwide. Valued at USD 2.1 billion in 2023, the market is projected to reach USD 5.4 billion by 2032, growing at a CAGR of 9.2% during the forecast period. The shift toward paperless payroll management and cloud-based solutions is a major driver of market growth.