Global Shared Services Market 2017-2021

About Shared Services

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.

Technavio’s analysts forecast the global shared services market to grow at a CAGR of 16.55% during the period 2017-2021.

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

Technavio's 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

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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.