Pheonix Research - Editorial Index

Articles

Editorial analysis anchored to industries, segments, and the market intelligence behind them.

Updated 18 Oct 2026

Canada’s HCM Market Is a Payroll Float With an HR App Attached

Canada publishes no HCM market size, but it publishes the denominators. Twenty-one million employees across 1.37 million employer businesses — fifteen people on average — under fourteen payroll jurisdictions, in a category where 8.8% of the largest vendor's revenue came from interest on payroll float.

Information Technology (IT) & Software Human Capital Management Software