Future Market Insights presents an in-depth forecast of the global service bureau market in a new publication titled ‘Service Bureau Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017-2027).’ Through this publication, Future Market Insights presents a comprehensive analysis of the global service bureau market for a 10 year assessment period from 2017 to 2027. Future Market Insights forecasts revenue from the global service bureau market to increase from US$ 50,690.6 Mn in 2017 to US$ 97,042.4 Mn by 2027 end, representing a CAGR of 6.7% in terms of value from 2017 to 2027. This increasing revenue growth can be attributed to continuous launch of new services in the global market.

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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.