Global Shared Services Market 2025-2029

Shared Services Market 2025-2029

The shared services market is forecasted to grow by USD 492.6 bn during 2024-2029, accelerating at a CAGR of 22.7% during the forecast period. The report on the shared services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for business process automation, digital transformation of sscs, and high adoption of shared services among public sector organizations.

Technavio's shared services market is segmented as below:

By Deployment

• On premises
• Cloud

By Application

• F and A
• IT
• SCM
• HR
• CRM

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the emergence of robotics process automation as one of the prime reasons driving the shared services market growth during the next few years. Also, rise in adoption of analytics in shared services and rise of integrated and multifunction shared services will lead to sizable demand in the market.

The report on the shared services market covers the following areas:

• Shared Services Market sizing
• Shared Services Market forecast
• Shared Services Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading shared services market vendors that include Accenture PLC, Atos SE, Capgemini Services SAS, CGI Inc., Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., ExlService Holdings Inc., Gartner Inc., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., KPMG International Ltd., Oracle Corp, PricewaterhouseCoopers LLP, SAP SE, ServiceNow Inc., Tata Consultancy Services Ltd., The Hackett Group Inc., and Wipro Ltd.. Also, the shared services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.