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Global Shared Services Market To Set At CAGR Of 16.55% Between 2017-2021

Press Release   •   Aug 14, 2017 06:39 EDT

The concept of shared services evolved to manage single or multiple functions of business units by sharing information and resources among the different business units of an organization. Shared service centers (SSCs) are offered by service providers to manage the functions of different business units within an organization. SSCs can be located anywhere across the globe depending on the business requirements of the clients.

Technavios analysts forecast the global shared services market to grow at a CAGR of 16.55% during the period 2017-2021.
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Covered in this report

The report covers the present scenario and the growth prospects of the global shared services market for 2017-2021. To calculate the market size, the report considers the revenue generated from shared services offered by vendors in the market and the total contract value of deals on shared services across industry verticals.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

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Technavios report, Global Shared Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
  • Cognizant
  • Infosys
  • SAP
  • TCS
  • Wipro
Other prominent vendors
  • Accenture
  • Atos
  • Capgemini
  • CGI
  • Deloitte
  • EXL
  • Genpact
  • HCL
  • IBM
  • iGATE
  • Oracle
  • The Hackett Group
  • T-Systems
  • PwC
  • ServiceNow
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Market driver

Cost reduction and increasing business efficiency

For a full, detailed list, view our report

Market challenge

Effective design and implementation of SSCs

For a full, detailed list, view our report

Market trend

Advent of customized SSCs

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?