Product Code: IACT2496
Telecom Expense Management Market Introduction and Overview
According to SPER market research, 'Telecom Expense Management Market Size- By Solution, By Service, By End-User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Telecom Expense Management Market is predicted to reach USD 10.95 billion by 2033 with a CAGR of 12.91%.
As a means of contact with both consumers and staff, telecommunication services represent a significant portion of an organization's budget. Businesses now have to concentrate on finding solutions that might lower this expense because of the rising cost of these services. The ability of Telecom Exchange Management (TEM) systems to lower telecom service costs has led to a shift in business practices toward these solutions.
The demand for Telecom Expense Management (TEM) services and solutions was greatly affected by the COVID-19 outbreak. Organizations now have more challenges in controlling telecom costs, such as data usage, communication tools, and mobile devices for a distributed workforce, as remote work becomes the norm. As a result, there was a sharp increase in demand for TEM systems that provided centralized administration of telecom costs, real-time visibility, and cost optimization.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Solution, By Service, By End-User Industry
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Accenture, CGI Inc., WidePoint Corporation, Tangoe, Vodafone Group Plc, AVOTUS, Calero, Sakon, Upland Software, Inc., and TeleManagement Technologies, Inc., Control point solutions, Econocom and Others
Global Telecom Expense Management Market Segmentation:
By Solution: Based on the Solution, Global Telecom Expense Management Market is segmented as; Invoice Management, Sourcing Management, Business Management, Dispute Management
By End-User Industry: Based on the End-User Industry, Global Telecom Expense Management Market is segmented as; BFSI, Consumer Goods and Retail, Manufacturing, IT and Telecom, Healthcare
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Telecom Expense Management Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Telecom Expense Management Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Telecom Expense Management Market
7. Global Telecom Expense Management Market, By Solution (USD Million) 2020-2033
- 7.1. Global Telecom Expense Management Market Size, Share and Forecast, By Solution, 2020-2026
- 7.2. Global Telecom Expense Management Market Size, Share and Forecast, By Solution, 2027-2033
- 7.3. Invoice Management
- 7.4. Sourcing Management
- 7.5. Business Management
- 7.6. Dispute Management
8. Global Telecom Expense Management Market, By Service (USD Million) 2020-2033
- 8.1. Global Telecom Expense Management Market Size, Share and Forecast, By Service, 2020-2026
- 8.2. Global Telecom Expense Management Market Size, Share and Forecast, By Service, 2027-2033
- 8.3. Hosted Service
- 8.4. Managed Service
9. Global Telecom Expense Management Market, By End-User Industry (USD Million) 2020-2033
- 9.1. Global Telecom Expense Management Market Size, Share and Forecast, By End User Industry, 2020-2026
- 9.2. Global Telecom Expense Management Market Size, Share and Forecast, By End User Industry, 2027-2033
- 9.3. BFSI
- 9.4. Consumer Goods and Retail
- 9.5. Manufacturing
- 9.6. IT and Telecom
- 9.7. Healthcare
10. Global Telecom Expense Management Market Forecast, 2020-2033 (USD Million)
- 10.1. Global Telecom Expense Management Market Size and Market Share
11. Global Telecom Expense Management Market, By Region, 2020-2033 (USD Million)
- 11.1. Global Telecom Expense Management Market Size and Market Share By Region (2020-2026)
- 11.2. Global Telecom Expense Management Market Size and Market Share By Region (2027-2033)
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
- 11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
- 11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Qatar
- 11.5.4. South Africa
- 11.5.5. Egypt
- 11.5.6. Morocco
- 11.5.7. Nigeria
- 11.5.8. Rest of Middle East & Africa
- 11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
- 11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America
12. Company Profile
- 12.1. Accenture
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. CGI Inc.,
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. WidePoint Corporation
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Tangoe
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Vodafone Group Plc
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. AVOTUS
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Calero
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Sakon
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Upland Software Inc.
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. TeleManagement Technologies, Inc.
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links