Global Shared Services Market to Surpass US$ 75.8 Mn by end of 2027, Says CMI
Shared services are the consolidation of business operations, which is used by various parts of the organization. This includes sharing of resources and information among different business units of a company. Shared services are adopted in various industries since they are cost-efficient and are centralized in terms of back-office operations. This model caters to the requirement of diverse business units within the enterprise and is supported by information technology and its services.
The global shared services market was valued for US$ 30.9 MN in 2019 and it is estimated to reach US$ 75.8 MN by 2027.
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