Press release
Shared Services Market Digital Transformation, Cost Optimization, and Future Forecast
Shared Services
As enterprises accelerate digital transformation, shared services are evolving into next-generation Global Business Services (GBS) backed by AI, RPA, cloud platforms, process mining, and workflow automation.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/74588
Key Takeaways
• Global Business Services (GBS) and shared service centers (SSCs) are now core to enterprise strategy.
• Automation, AI, and cloud-based platforms are rapidly modernizing shared service operations.
• Outsourcing and hybrid shared service models are increasing due to talent and cost advantages.
• BFSI, manufacturing, healthcare, and IT are the largest adopters.
• Asia-Pacific-especially India and the Philippines-remains the global shared services hub.
Market Story - Why the Market Is Growing
Enterprises are under pressure to reduce operational costs while improving the quality and speed of internal services. Shared services support these goals by offering:
• Centralized service delivery, reducing duplication of work.
• Standardized processes, improving consistency across business units.
• Enhanced transparency, improving compliance and audit readiness.
• Scalable digital delivery, powered by RPA, AI, and cloud tools.
• Cost savings of 20-50%, depending on function and maturity.
• Improved business agility through centralized decision-making and faster analytics.
The shift toward hybrid work and global capability centers (GCCs) further strengthens market expansion.
Market Segmentation
By Service Function
• Finance & Accounting
• Human Resources (HR)
• Information Technology (IT)
• Procurement & Supply Chain
• Customer Service
• Legal & Compliance
• Payroll & Workforce Management
• Sales & Marketing Support
Insight: Finance & Accounting shared services remain the dominant segment, with rapid growth in digital HR and IT services.
By Delivery Model
• In-house Shared Services Centers (SSCs)
• Global Business Services (GBS)
• Outsourced/Third-Party Managed Services
• Hybrid Shared Service Models
By Deployment Type
• On-Premise
• Cloud-Based
• Hybrid
By Application
• Transaction Processing
• Knowledge Process Operations
• Decision Support & Analytics
• Process Automation & Optimization
• Enterprise Resource Planning (ERP) Integration
• Customer Relationship Management (CRM) Support
By End User
• BFSI
• IT & Telecom
• Healthcare
• Manufacturing
• Retail & E-commerce
• Government & Public Sector
• Energy & Utilities
• Pharmaceuticals
• Hospitality
Explore Full Report here: https://exactitudeconsultancy.com/reports/74588/shared-services-market
Market Growth Rate
The global Shared Services Market is projected to grow at a CAGR of 10% to 13% from 2024 to 2034, driven by enterprise digitalization, the rise of GBS models, and the increasing need for cost-efficient centralized operations.
Recent Developments
• Surge in AI and RPA adoption within shared service centers for automation of repetitive tasks.
• Increasing setup of Global Capability Centers (GCCs) in India for finance, HR, IT, and analytics.
• Integration of process mining tools for performance monitoring and workflow optimization.
• Growth in cloud-based shared service platforms enabling remote delivery and 24/7 operations.
• Enhanced focus on cybersecurity and data governance across shared service hubs.
Key Players
• Capgemini
• IBM
• Deloitte
• Tata Consultancy Services (TCS)
• Wipro
• Infosys
• Cognizant
• HCL Technologies
• Genpact
• EY
• KPMG
• PwC
• WNS Global
• Teleperformance
Key Market Drivers
• Strong demand for cost reduction and process standardization.
• Rising global adoption of cloud platforms and automation tools.
• Talent availability in shared services hubs such as India, Philippines, and Eastern Europe.
• Expansion of enterprise digital transformation initiatives.
• Increased need for analytics-driven decision support.
Conclusion
The shared services market is entering a high-growth phase as companies embrace centralized, technology-enabled operating models to improve efficiency and accelerate digital transformation. Organizations that invest in intelligent automation, data-driven decision-making, and GBS maturity will lead the next decade of operational excellence.
This report is also available in the following languages : Japanese (統合視覚拡張システム), Korean (통합 시각 증강 시스템), Chinese (集成视觉增强系统), French (Système intégré d'augmentation visuelle), German (Integriertes visuelles Augmentationssystem), and Italian (Sistemi sonar), etc.
Request for a sample of this research report at (Use Corporate Mail ID for Quick Response) @ https://exactitudeconsultancy.com/request-sample/74588
Our More Reports:
Shared Mobility Market
https://exactitudeconsultancy.com/reports/47835/shared-mobility-market
Private 5G As A Service Market
https://exactitudeconsultancy.com/reports/48773/private-5g-as-a-service-market
Global Vacation Rental Platforms Market
https://exactitudeconsultancy.com/reports/62522/global-vacation-rental-platforms-market
Global Youth Hostel Market
https://exactitudeconsultancy.com/reports/64190/global-youth-hostel-market
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
https://bulletin.exactitudeconsultancy.com/
https://www.thehealthanalytics.com/
https://www.analytica.global/
https://www.marketintelligencedata.com/
https://www.marketinsightsreports.com/
https://exactitudeconsultancy.com/
Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shared Services Market Digital Transformation, Cost Optimization, and Future Forecast here
News-ID: 4289893 • Views: …
More Releases from Exactitude Consultancy
Digitaling Market Advertising Innovation and Future Forecast
The global Digitaling Market-a term used to describe the unified ecosystem of digital marketing, automation tools, cloud platforms, analytics, and content delivery technologies-is growing rapidly as enterprises shift toward fully digital business models. Companies across industries are investing in digital transformation to enhance customer engagement, streamline operations, and build data-driven decision-making frameworks.
Digitaling solutions integrate marketing automation, analytics, social media management, SEO/SEM tools, CRM platforms, content optimization, and AI-driven personalization to…
Customer Experience Management Market Omnichannel Engagement, Analytics, and Fut …
The global Customer Experience Management (CEM) Market is scaling rapidly as organizations across industries invest in technologies that enhance customer satisfaction, retention, and lifetime value. CEM platforms unify data across channels-web, mobile, call centers, social media, and in-store interactions-to help brands deliver hyper-personalized, real-time experiences.
With rising competition and increasingly digital customer journeys, enterprises are leveraging CEM tools to improve engagement, streamline service, predict behavior, reduce churn, and enhance brand loyalty.
Download…
Machine Vision Market Analysis, Growth Drivers, Challenges, and Competitive Land …
The global Machine Vision Market is growing rapidly as industries integrate advanced imaging systems for automated inspection, process control, measurement, and robotics guidance. Machine vision-combining cameras, sensors, processors, AI algorithms, and software-plays a critical role in defect detection, manufacturing precision, real-time monitoring, logistics automation, and industrial safety.
As companies push toward Industry 4.0, digitization, and lights-out manufacturing, machine vision has become essential across automotive, electronics, pharmaceuticals, food processing, packaging, and logistics.
Download…
Emotion AI Market Behavioral Analytics, Human-Machine Interaction, and Future Fo …
The global Emotion AI Market-also called Affective Computing-is expanding rapidly as enterprises integrate emotional intelligence into digital systems, customer engagement tools, healthcare applications, automobiles, and security systems. Emotion AI leverages facial expressions, voice patterns, biometric signals, text sentiment, and behavioral cues to understand human emotions in real time.
As organizations shift toward hyper-personalized experiences, smarter automation, and user-centric digital platforms, Emotion AI is becoming a critical component of next-generation AI ecosystems.
Download…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
