Global Captive Shared Services Market Growth (Status and Outlook) 2024-2030
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). Captive centers are client-owned-and-operated service delivery centers, typically in a nondomestic, low-cost location, that provide service resources directly to their organization. The personnel in a captive facility are legal employees of the organization, not the vendor.
The global Captive Shared Services market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Captive Shared Services Industry Forecast” looks at past sales and reviews total world Captive Shared Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Captive Shared Services sales for 2023 through 2029. With Captive Shared Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Captive Shared Services industry.
This Insight Report provides a comprehensive analysis of the global Captive Shared Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Captive Shared Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Captive Shared Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Captive Shared Services and breaks down the forecast by Business Type, by Company Size, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Captive Shared Services.
United States market for Captive Shared Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Captive Shared Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Captive Shared Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Captive Shared Services players cover AstraZeneca, Roche, Shell, BASF, Pfizer, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Captive Shared Services market by product type, application, key players and key regions and countries.
Segmentation by Business Type:
Finance & Accounting (F&A)
Human Resource (HR)
Supply Chain Management (SCM)
Information Technology (IT)
Customer Relationship Management (CRM)
Other
Segmentation by Company Size:
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Business Type:
Finance & Accounting (F&A)
Human Resource (HR)
Supply Chain Management (SCM)
Information Technology (IT)
Customer Relationship Management (CRM)
Other
Segmentation by Company Size:
SMEs
Large Enterprises
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AstraZeneca
Roche
Shell
BASF
Pfizer
BP
Diageo
Coca-Cola
ABB
Linde
Saint-Gobain
Novartis
Please note: The report will take approximately 2 business days to prepare and deliver.