This business report is mainly divided into few major topics that include market definition, market segmentation, key developments in the market, competitive analysis and research methodology. Systemic collection of company profiles that are motivating the market is also performed in this report. It also puts a light on the recent developments, product launches, joint ventures, mergers and acquisitions that have been adopted by the several key players and brands. The Telecom Expense Management Market report is a synopsis of the market facts, stats and figures for the forecast period of 2018 - 2025. The report makes it easy to build business strategies to thrive in the market by providing information on business scenario to the clients.

 

The telecom expense management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.1% in the forecast period of 2021 to 2028 and is expected to reach USD 1,946.74 million by 2028. Increase in demand for TEM due to IoT and cloud-based applications is boosting the market.

 

 

 

Telecom expense management (TEM) is an approach of managing all telecommunication service expenses such as voice, data, and wireless with a combination of software tools and manual auditing. In managing all these services and related processes, its main goal is to minimize costs and maximize process efficiency. For a small company, it can be as simple as checking over your phone bill every month to make sure you are not billed for services you do not want.  For larger companies, it is a more formal program to optimize spending on telecom services. Most of the attention goes to bill auditing and getting refunds for billing errors, but an effective TEM program can do more than that.

 

Increase in demand for telecom expense management due to IoT and cloud-based application is the major driving factor in the market. The forecasting of future spend can be a challenge; however low deployment cost and growing demand for cost-efficient TEM solutions prove to be an opportunity. The restraints due to the lack of interoperability between solutions and different vendors are the restraining factors.

 

The major companies which are dealing in the Telecom Expense Management are Vodafone Group, CGI Inc., Dimension Data, Accenture, Econocom, Asignet. Technology DNA, AVOTUS, Calero-MDSL, Cass Information Systems, Inc., Network Control, One Source, RadiusPoint, Saaswedo, Sakon, Tangoe, Tellennium, Upland Software, Inc., VALICOM, MOX, LLC., WidePoint Corporation and other in domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

 

 

The countries covered in the Telecom Expense Management market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Ecuador and Rest of South America.

 

The solution segment in the product is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 due to the higher control with the consumer. U.S. dominates the North America region due to higher demand and manufacturers in the region. The U.K. dominates the Europe region due to the key vendors present in the region. China dominates the Asia Pacific region because of the higher demand in the region and use of Telecom Expense Management in the region.

 

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

 

 

The Telecom Expense Management market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.

 

 

 

Chapter 1: Market overview

 

Chapter 2: Global Telecom Expense Management Market

 

Chapter 3: Regional analysis of the Global Telecom Expense Management Market  Market industry

 

Chapter 4: Telecom Expense Management Market  Market segmentation based on types and applications

 

Chapter 5: Revenue analysis based on types and applications

 

Chapter 6: Market share

 

Chapter 7: Competitive Landscape

 

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

 

Chapter 9: Gross Margin and Price Analysis

 

 

 

 

 

 

 

 

 

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