Shared Services Market 2016 Global Analysis and Forecast to 2020

RnRMarketResearch.com adds Global Shared Services Market 2016-2020 latest research report. The analysts forecast global shared services market to grow at a CAGR of 14.06% during the period 2016-2020.

The concept of shared services was designed to manage single or multiple functions of business units by sharing information and resources. SSCs manage the functions of business units of organizations. SSCs can be set up anywhere on the globe depending on the business requirements of clients. However, the location of SSCs is a strategic decision taken by an organization to extract the maximum benefits of the services.

The idea behind the implementation of shared services is to provide a centralized system for organizations to control and monitor their operational processes and resources. Shared services enable organizations to make important business decisions and provide scalability and flexibility in transactional processes.

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Covered in this report

This report covers the present scenario and the growth prospects of the global shared services market for 2016-2020. To calculate the market size, the report considers revenue generated from shared services offered by vendors in the market and total contract value of shared services deals across industry verticals.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

The report, Global Shared Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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.

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Key vendors

• Accenture
• Cognizant Technology Solutions
• IBM
• Infosys
• TCS

Other prominent vendors

• Atos
• Capgemini
• Deloitte
• EXL
• Genpact
• Hackett Group
• HCL
• NTT DATA
• Oracle
• SAP

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Market driver

• Need for process automation

Market challenge

• Effective design and implementation of SSCs

Market trend

• Growing adoption of integrated and multi-function shared services

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