Business Shared Services, often referred to as Shared Services or BSS, is a business model in which an organization consolidates and centralizes certain common business functions and processes into specialized internal service units. These shared service units are responsible for providing support services and functions to multiple departments or business units within the same organization. The primary goal of Business Shared Services is to improve operational efficiency, reduce costs, and enhance service quality and consistency across the organization.
The global Business Shared Services market is projected to reach US$ 1339.3 million in 2029, increasing from US$ 975.2 million in 2022, with the CAGR of 4.1% during the period of 2023 to 2029.
Organizations were increasingly adopting digital technologies, automation, and data analytics within their shared services operations to enhance efficiency, reduce manual processes, and improve decision-making.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Business Shared Services market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ScottMadden, Inc.
Siemens
Everest Global, Inc.
PwC
Aon Enterprise Solutions (Shanghai) Co., Ltd.
Huapu Cloud Information Technology (Wuhan) Co ., Ltd
Tencent Cloud
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Segment by Type
Financial Sharing
Human Resource Sharing
Other
Segment by Application
SMEs
Large Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Business Shared Services report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Âé¶¹Ô´´ Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Âé¶¹Ô´´ Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Business Shared Services Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Financial Sharing
1.2.3 Human Resource Sharing
1.2.4 Other
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Business Shared Services Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 SMEs
1.3.3 Large Enterprises
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Business Shared Services Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Business Shared Services Growth Trends by Region
2.2.1 Global Business Shared Services Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Business Shared Services Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Business Shared Services Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Business Shared Services Âé¶¹Ô´´ Dynamics
2.3.1 Business Shared Services Industry Trends
2.3.2 Business Shared Services Âé¶¹Ô´´ Drivers
2.3.3 Business Shared Services Âé¶¹Ô´´ Challenges
2.3.4 Business Shared Services Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Business Shared Services Players by Revenue
3.1.1 Global Top Business Shared Services Players by Revenue (2018-2023)
3.1.2 Global Business Shared Services Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Business Shared Services Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Business Shared Services Revenue
3.4 Global Business Shared Services Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Business Shared Services Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Business Shared Services Revenue in 2022
3.5 Business Shared Services Key Players Head office and Area Served
3.6 Key Players Business Shared Services Product Solution and Service
3.7 Date of Enter into Business Shared Services Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Business Shared Services Breakdown Data by Type
4.1 Global Business Shared Services Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Business Shared Services Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Business Shared Services Breakdown Data by Application
5.1 Global Business Shared Services Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Business Shared Services Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Business Shared Services Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Business Shared Services Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Business Shared Services Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Business Shared Services Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Business Shared Services Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Business Shared Services Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Business Shared Services Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Business Shared Services Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Business Shared Services Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Business Shared Services Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Business Shared Services Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Business Shared Services Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Business Shared Services Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Business Shared Services Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Business Shared Services Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Business Shared Services Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Business Shared Services Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Business Shared Services Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Business Shared Services Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Business Shared Services Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ScottMadden, Inc.
11.1.1 ScottMadden, Inc. Company Detail
11.1.2 ScottMadden, Inc. Business Overview
11.1.3 ScottMadden, Inc. Business Shared Services Introduction
11.1.4 ScottMadden, Inc. Revenue in Business Shared Services Business (2018-2023)
11.1.5 ScottMadden, Inc. Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Business Shared Services Introduction
11.2.4 Siemens Revenue in Business Shared Services Business (2018-2023)
11.2.5 Siemens Recent Development
11.3 Everest Global, Inc.
11.3.1 Everest Global, Inc. Company Detail
11.3.2 Everest Global, Inc. Business Overview
11.3.3 Everest Global, Inc. Business Shared Services Introduction
11.3.4 Everest Global, Inc. Revenue in Business Shared Services Business (2018-2023)
11.3.5 Everest Global, Inc. Recent Development
11.4 PwC
11.4.1 PwC Company Detail
11.4.2 PwC Business Overview
11.4.3 PwC Business Shared Services Introduction
11.4.4 PwC Revenue in Business Shared Services Business (2018-2023)
11.4.5 PwC Recent Development
11.5 Aon Enterprise Solutions (Shanghai) Co., Ltd.
11.5.1 Aon Enterprise Solutions (Shanghai) Co., Ltd. Company Detail
11.5.2 Aon Enterprise Solutions (Shanghai) Co., Ltd. Business Overview
11.5.3 Aon Enterprise Solutions (Shanghai) Co., Ltd. Business Shared Services Introduction
11.5.4 Aon Enterprise Solutions (Shanghai) Co., Ltd. Revenue in Business Shared Services Business (2018-2023)
11.5.5 Aon Enterprise Solutions (Shanghai) Co., Ltd. Recent Development
11.6 Huapu Cloud Information Technology (Wuhan) Co ., Ltd
11.6.1 Huapu Cloud Information Technology (Wuhan) Co ., Ltd Company Detail
11.6.2 Huapu Cloud Information Technology (Wuhan) Co ., Ltd Business Overview
11.6.3 Huapu Cloud Information Technology (Wuhan) Co ., Ltd Business Shared Services Introduction
11.6.4 Huapu Cloud Information Technology (Wuhan) Co ., Ltd Revenue in Business Shared Services Business (2018-2023)
11.6.5 Huapu Cloud Information Technology (Wuhan) Co ., Ltd Recent Development
11.7 Tencent Cloud
11.7.1 Tencent Cloud Company Detail
11.7.2 Tencent Cloud Business Overview
11.7.3 Tencent Cloud Business Shared Services Introduction
11.7.4 Tencent Cloud Revenue in Business Shared Services Business (2018-2023)
11.7.5 Tencent Cloud Recent Development
11.8 JOIN-CHEER
11.8.1 JOIN-CHEER Company Detail
11.8.2 JOIN-CHEER Business Overview
11.8.3 JOIN-CHEER Business Shared Services Introduction
11.8.4 JOIN-CHEER Revenue in Business Shared Services Business (2018-2023)
11.8.5 JOIN-CHEER Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ScottMadden, Inc.
Siemens
Everest Global, Inc.
PwC
Aon Enterprise Solutions (Shanghai) Co., Ltd.
Huapu Cloud Information Technology (Wuhan) Co ., Ltd
Tencent Cloud
JOIN-CHEER
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*If Applicable.