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Tuesday, August 6, 2024

Lucintel Forecasts the Global Shared Service Market to Grow with a CAGR of 17.9% from 2024 to 2030

According to a market report by Lucintel, the future of the global shared service market looks promising with opportunities in the banking, financial services & insurance, media & entertainment, manufacturing, healthcare, IT & telecom, and retail & hospitality markets. The global shared service market is expected to grow with a CAGR of 17.9% from 2024 to 2030. The major drivers for this market are increasing focus on lowering operating costs overall and growing need for cutting-edge ways to improve customer service.

A more than 150–page report is developed to understand Trends, opportunity and forecast in shared service market to 2030 by deployment (cloud and on premise), component (software, services, consulting, integration, and maintenance), end use (banking, financial services & insurance, media & entertainment, manufacturing, healthcare, IT & telecom, retail & hospitality, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, cloud and on premise are the major segments of shared service market by deployment. Lucintel forecasts that on premise is expected to witness the higher growth over the forecast period due to increasing demand for data security and privacy.

Within this market, banking, financial services & insurance will remain the largest segment.

Download sample by clicking on shared service market

North America will remain the largest region over the forecast period due to existence of multiple multinational companies.

Infosys Limited, SAP, HCL, EXL, Atos, Accenture, Genpact, IBM Corporation, Oracle Corporation, and Cognizant are the major suppliers in the shared service market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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