Service Bureau Market

Service Bureau Market: North America Projected to be the Most Attractive Regional Market Through 2027: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • 2017-11-07
  • REP-GB-5509
  • 239 pages
  • Format: PDF/PPT/Excel

An Incisive, In-depth Analysis on the Service Bureau Market

This study offers a comprehensive, 360 degree analysis on the Service Bureau market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Service Bureau market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Increasing usage of document scanning and photocopying services among small and large business enterprises boosting revenue growth of the global service bureau market

The global service bureau market is witnessing significant growth due to the emergence of customised IT and managed services across the globe. The worldwide IT service market is increasing significantly year on year. Worldwide spending on IT services is steadily increasing due to the rising adoption of supporting services across businesses owing to the implementation of software to reduce the time spent on managerial tasks.

The emergence of cloud computing is providing lucrative opportunities to key players operating in the global service bureau market. Cloud has become a very popular medium of delivery of value-added IT enabled business services. Customers and end-users access the IT service catalogue through self-service portals, using and paying for only those services they need. IT organisations of enterprises are adopting cloud based models to ensure cost-efficient and effective business delivery. Service bureaus across the globe have started providing cloud based solutions to users such as scanning documents and providing access to the scanned files on cloud to enable users to access these files from anywhere. The increasing usage of cloud given its inherent benefit of cost efficiency is creating opportunities for service bureau companies to implement cloud based services.

North America to lead the global service bureau market in terms of value share

Of all the regional service bureau markets, North America is anticipated to be the largest, with an estimated market revenue to the tune of about US$ 33 Bn by the end of the forecast period in 2027. The North America service bureau market is estimated to witness a CAGR of 8.0% in terms of value during the forecast period. An increasing digitalisation of documents across North America is the main factor driving regional market revenue growth. Western Europe is the second largest market with market revenue projected at around US$ 16 Bn by the end of 2027. The APEJ service bureau market stands at third place with an estimated revenue of about US$ 13 Bn by 2027 end. APEJ is a major market for service bureaus owing to the rapid adoption of such solutions for business automation processes across the region. The APEJ market is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this market is anticipated to expand at a CAGR of 7.1% during the forecast period.

Key developments trending the regional service bureau markets

Increasing trend of electronic record management in North America: Most of the companies in the U.S. and Canada are working towards the adoption of digital technologies to face stiff competition in the growing market. This has increased the need of supporting service providers who can help in converting documents into the electronic form and provide other daily needed services such as photocopying and scanning at a competitive pricing.

An increasing number of small and medium enterprises in Western Europe: With the increasing benefits provided by the government, many people have started their own businesses such as service bureaus in Western Europe. The setup cost for setting up service bureaus is less and requires less time and a limited budget, which is another factor due to which many people have started their own service bureau companies in this region. The increasing cost of small services such as printing, scanning and other services has also enforced companies to take help from service bureaus to work for them. This is another reason why many service bureaus have been started in this region.

Increasing digitalisation across the APEJ: A large number of countries across the APEJ region are developing at a rapid pace owing to the rapid industrialisation across the region coupled with a mass digitalisation of business and allied processes. Countries such as India and China are undergoing digitalisation in all aspects of business. Governments of these countries are introducing more technological applications in the daily routine operation. Normal people are also deploying more technology based applications in their daily routines. This factor is resulting in the rapid popularity and application of digital technologies across enterprises. This has increased the need of service bureaus for helping organisations in converting their documents into digital files in a speedy and cost-efficient manner.

Report Introduction and Structure

This report titled ‘Service Bureau Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017-2027)’ throws light on the various factors anticipated to impact market revenue growth during the forecast period 2017 – 2027. The report begins with a comprehensive yet succinct executive summary that captures the market overview, market analysis, and our recommendations. This is followed by an introduction to the global service bureau market comprising the market definition and market taxonomy. The following section presents an analysis of the macro-economic factors impacting market revenue growth, opportunity analysis, key regulations, and the global service bureau market value chain. This is followed by a historical analysis of the global service bureau market for the period 2012 to 2016 and a comprehensive forecast for the assessment period 2017 to 2027. The report provides information on the global market size and Y-o-Y growth followed by the BPS and absolute $ opportunity analysis of the global service bureau market.

The next few chapters focus on the value forecasts of the service bureau market across the various assessed regions. Here, we have covered the key regional market dynamics and an impact analysis of the drivers and restraints likely to affect the performance of the regional service bureau markets. The forecast of the service bureau market across the different market segments for the assessed regions / countries is also presented here. These regional sections end with a market attractiveness analysis and an analysis of the relevance and impact of the forecast factors on the global service bureau market growth.

An important chapter presents the competitive landscape of the global service bureau market. Here, we present the market structure, market share analysis, a competition intensity mapping by market taxonomy, and a detailed competition dashboard featuring the top companies functional in the global service bureau market. We have also profiled some of these leading companies and provided detailed information on their business overview, key financials, business and go-to-market strategies, and recent market developments. The last section of the report provides the revenue forecast of the global service bureau market for the various market segments and regions. The report ends with information on the research methodology deployed to arrive at the historical and forecast estimations of the global service bureau market and an index of assumptions and acronyms used throughout the report.

Flowchart of the Future Market Insights Research Methodology

Data Collection  Data Filter & Analysis → Research & Intelligence → Actionable Insights → Business Solution

The Future Market Insights research methodology is a systematic multi-pronged approach comprising in-depth secondary research to determine top players, products, applications, overall market size, industry connotations, distributors and software developers, and others; extensive primary research to validate the data acquired from secondary research; and a triangulation of primary and secondary research data along with Future Market Insights analysis to arrive at the final data points. This data is further scrutinised using advanced tools to obtain pertinent qualitative and quantitative insights into the global service bureau market.

Market Taxonomy

By Services

By End User

By Region

  • Document Scanning

  • Photocopying

  • Others (Printing & Fax)

  • Government

  • Education

  • BFSI

  • Healthcare

  • Law Firms

  • Others (Retail & Telecommunication)

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • APEJ

  • Japan

  • MEA

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