The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Shared Services Market Research Report 2024
Synopsis
Shared service is the provision of a service by one part of an organization or group, where that service had previously been found, in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key here is the idea of 'sharing' within an organization or group. This sharing needs to fundamentally include shared accountability of results by the unit from where the work is migrated to the provider. The provider, on the other hand, needs to ensure that the agreed results are delivered based on defined measures (KPIs, cost, quality etc).
The global Shared Services market was valued at US$ 114820 million in 2023 and is anticipated to reach US$ 301590 million by 2030, witnessing a CAGR of 14.5% during the forecast period 2024-2030.
North American market for Shared Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Shared Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Shared Services in SMEs is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Shared Services include Cognizant, Infosys, SAP, IBM, IGATE, Oracle, PwC, TCS and Wipro, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Shared Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shared Services.
Report Scope
The Shared Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Shared Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Shared Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cognizant
Infosys
SAP
IBM
IGATE
Oracle
PwC
TCS
Wipro
Accenture
Atos
Capgemini
CGI Group
Deloitte
EXL
Genpact
HCL Technologies
The Hackett Group
T-Systems
ServiceNow
Segment by Type
Finance & Accounting (F&A)
Human Resource (HR)
Supply Chain Management (SCM)
Information Technology (IT)
Customer Relationship Management (CRM)
Other
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Shared Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Shared service is the provision of a service by one part of an organization or group, where that service had previously been found, in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key here is the idea of 'sharing' within an organization or group. This sharing needs to fundamentally include shared accountability of results by the unit from where the work is migrated to the provider. The provider, on the other hand, needs to ensure that the agreed results are delivered based on defined measures (KPIs, cost, quality etc).
The global Shared Services market was valued at US$ 114820 million in 2023 and is anticipated to reach US$ 301590 million by 2030, witnessing a CAGR of 14.5% during the forecast period 2024-2030.
North American market for Shared Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Shared Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Shared Services in SMEs is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Shared Services include Cognizant, Infosys, SAP, IBM, IGATE, Oracle, PwC, TCS and Wipro, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Shared Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shared Services.
Report Scope
The Shared Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Shared Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Shared Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cognizant
Infosys
SAP
IBM
IGATE
Oracle
PwC
TCS
Wipro
Accenture
Atos
Capgemini
CGI Group
Deloitte
EXL
Genpact
HCL Technologies
The Hackett Group
T-Systems
ServiceNow
Segment by Type
Finance & Accounting (F&A)
Human Resource (HR)
Supply Chain Management (SCM)
Information Technology (IT)
Customer Relationship Management (CRM)
Other
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Shared Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Shared Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Finance & Accounting (F&A)
1.2.3 Human Resource (HR)
1.2.4 Supply Chain Management (SCM)
1.2.5 Information Technology (IT)
1.2.6 Customer Relationship Management (CRM)
1.2.7 Other
1.3 Market by Application
1.3.1 Global Shared Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 SMEs
1.3.3 Large Enterprises
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Shared Services Market Perspective (2019-2030)
2.2 Shared Services Growth Trends by Region
2.2.1 Global Shared Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Shared Services Historic Market Size by Region (2019-2024)
2.2.3 Shared Services Forecasted Market Size by Region (2025-2030)
2.3 Shared Services Market Dynamics
2.3.1 Shared Services Industry Trends
2.3.2 Shared Services Market Drivers
2.3.3 Shared Services Market Challenges
2.3.4 Shared Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Shared Services Players by Revenue
3.1.1 Global Top Shared Services Players by Revenue (2019-2024)
3.1.2 Global Shared Services Revenue Market Share by Players (2019-2024)
3.2 Global Shared Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Shared Services Revenue
3.4 Global Shared Services Market Concentration Ratio
3.4.1 Global Shared Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Shared Services Revenue in 2023
3.5 Shared Services Key Players Head office and Area Served
3.6 Key Players Shared Services Product Solution and Service
3.7 Date of Enter into Shared Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Shared Services Breakdown Data by Type
4.1 Global Shared Services Historic Market Size by Type (2019-2024)
4.2 Global Shared Services Forecasted Market Size by Type (2025-2030)
5 Shared Services Breakdown Data by Application
5.1 Global Shared Services Historic Market Size by Application (2019-2024)
5.2 Global Shared Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Shared Services Market Size (2019-2030)
6.2 North America Shared Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Shared Services Market Size by Country (2019-2024)
6.4 North America Shared Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Shared Services Market Size (2019-2030)
7.2 Europe Shared Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Shared Services Market Size by Country (2019-2024)
7.4 Europe Shared Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Shared Services Market Size (2019-2030)
8.2 Asia-Pacific Shared Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Shared Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Shared Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Shared Services Market Size (2019-2030)
9.2 Latin America Shared Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Shared Services Market Size by Country (2019-2024)
9.4 Latin America Shared Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Shared Services Market Size (2019-2030)
10.2 Middle East & Africa Shared Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Shared Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Shared Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Cognizant
11.1.1 Cognizant Company Detail
11.1.2 Cognizant Business Overview
11.1.3 Cognizant Shared Services Introduction
11.1.4 Cognizant Revenue in Shared Services Business (2019-2024)
11.1.5 Cognizant Recent Development
11.2 Infosys
11.2.1 Infosys Company Detail
11.2.2 Infosys Business Overview
11.2.3 Infosys Shared Services Introduction
11.2.4 Infosys Revenue in Shared Services Business (2019-2024)
11.2.5 Infosys Recent Development
11.3 SAP
11.3.1 SAP Company Detail
11.3.2 SAP Business Overview
11.3.3 SAP Shared Services Introduction
11.3.4 SAP Revenue in Shared Services Business (2019-2024)
11.3.5 SAP Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM Shared Services Introduction
11.4.4 IBM Revenue in Shared Services Business (2019-2024)
11.4.5 IBM Recent Development
11.5 IGATE
11.5.1 IGATE Company Detail
11.5.2 IGATE Business Overview
11.5.3 IGATE Shared Services Introduction
11.5.4 IGATE Revenue in Shared Services Business (2019-2024)
11.5.5 IGATE Recent Development
11.6 Oracle
11.6.1 Oracle Company Detail
11.6.2 Oracle Business Overview
11.6.3 Oracle Shared Services Introduction
11.6.4 Oracle Revenue in Shared Services Business (2019-2024)
11.6.5 Oracle Recent Development
11.7 PwC
11.7.1 PwC Company Detail
11.7.2 PwC Business Overview
11.7.3 PwC Shared Services Introduction
11.7.4 PwC Revenue in Shared Services Business (2019-2024)
11.7.5 PwC Recent Development
11.8 TCS
11.8.1 TCS Company Detail
11.8.2 TCS Business Overview
11.8.3 TCS Shared Services Introduction
11.8.4 TCS Revenue in Shared Services Business (2019-2024)
11.8.5 TCS Recent Development
11.9 Wipro
11.9.1 Wipro Company Detail
11.9.2 Wipro Business Overview
11.9.3 Wipro Shared Services Introduction
11.9.4 Wipro Revenue in Shared Services Business (2019-2024)
11.9.5 Wipro Recent Development
11.10 Accenture
11.10.1 Accenture Company Detail
11.10.2 Accenture Business Overview
11.10.3 Accenture Shared Services Introduction
11.10.4 Accenture Revenue in Shared Services Business (2019-2024)
11.10.5 Accenture Recent Development
11.11 Atos
11.11.1 Atos Company Detail
11.11.2 Atos Business Overview
11.11.3 Atos Shared Services Introduction
11.11.4 Atos Revenue in Shared Services Business (2019-2024)
11.11.5 Atos Recent Development
11.12 Capgemini
11.12.1 Capgemini Company Detail
11.12.2 Capgemini Business Overview
11.12.3 Capgemini Shared Services Introduction
11.12.4 Capgemini Revenue in Shared Services Business (2019-2024)
11.12.5 Capgemini Recent Development
11.13 CGI Group
11.13.1 CGI Group Company Detail
11.13.2 CGI Group Business Overview
11.13.3 CGI Group Shared Services Introduction
11.13.4 CGI Group Revenue in Shared Services Business (2019-2024)
11.13.5 CGI Group Recent Development
11.14 Deloitte
11.14.1 Deloitte Company Detail
11.14.2 Deloitte Business Overview
11.14.3 Deloitte Shared Services Introduction
11.14.4 Deloitte Revenue in Shared Services Business (2019-2024)
11.14.5 Deloitte Recent Development
11.15 EXL
11.15.1 EXL Company Detail
11.15.2 EXL Business Overview
11.15.3 EXL Shared Services Introduction
11.15.4 EXL Revenue in Shared Services Business (2019-2024)
11.15.5 EXL Recent Development
11.16 Genpact
11.16.1 Genpact Company Detail
11.16.2 Genpact Business Overview
11.16.3 Genpact Shared Services Introduction
11.16.4 Genpact Revenue in Shared Services Business (2019-2024)
11.16.5 Genpact Recent Development
11.17 HCL Technologies
11.17.1 HCL Technologies Company Detail
11.17.2 HCL Technologies Business Overview
11.17.3 HCL Technologies Shared Services Introduction
11.17.4 HCL Technologies Revenue in Shared Services Business (2019-2024)
11.17.5 HCL Technologies Recent Development
11.18 The Hackett Group
11.18.1 The Hackett Group Company Detail
11.18.2 The Hackett Group Business Overview
11.18.3 The Hackett Group Shared Services Introduction
11.18.4 The Hackett Group Revenue in Shared Services Business (2019-2024)
11.18.5 The Hackett Group Recent Development
11.19 T-Systems
11.19.1 T-Systems Company Detail
11.19.2 T-Systems Business Overview
11.19.3 T-Systems Shared Services Introduction
11.19.4 T-Systems Revenue in Shared Services Business (2019-2024)
11.19.5 T-Systems Recent Development
11.20 ServiceNow
11.20.1 ServiceNow Company Detail
11.20.2 ServiceNow Business Overview
11.20.3 ServiceNow Shared Services Introduction
11.20.4 ServiceNow Revenue in Shared Services Business (2019-2024)
11.20.5 ServiceNow Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
