Telecom Expense Management Market: Analysis Report, Share, Trends and Overview 2021-2027
The Global Telecom Expense Management
Market is expected to grow at a significant CAGR during the forecast period.
The organisations use telecom expenditure management to cut the cost of
operating communication infrastructure. It helps businesses in streamlining
operations, resulting in increased demand for the telecom expense management
industry. Because businesses are dealing with a high amount of invoices and
contracts, telecom cost management is becoming more popular as a way to better
control spending, driving the market's development. Telecom expenditure
management increases flexibility, improves efficiency, saves time, and lowers
operating costs, all of which contribute to the telecom expense management
market's growth.
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Market is available at: https://www.omrglobal.com/industry-reports/telecom-expense-management-market
Increasing relevance of mobile devices
and cellular communications services in corporate internal telecom networks,
organisations must implement a monitoring and management system for the use and
cost of various telecom assets and resources. The growing integration of
personalised mobile devices such as smartphones, laptops, and tablets as part
of the growing enterprise mobility trend, as well as bring your own device
(BYOD) and choose your own device (CYOD) strategies, have been key drivers of
the global telecom expense management market.
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In July 2020, Tangoe, a leading provider
of corporate technology expenditure management and managed mobility services,
announced that it had successfully passed ISO 27001 accreditation, proving that
the firm has been investing in people, processes, and technology to secure the
organisation's data.
Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
Solution Type
o By
Service
o By
End-users
·
Competitive Landscape- Accenture PLC, Avotus
Corporation, Calero Software LLC, Tangoe Inc., and Valicom Corporation, among
others.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in
base year?
·
Which segment and region will project fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
Telecom Expense Management Market Segmentation
By
Solution
·
Invoice Management
·
Sourcing Management
·
Business Management
·
Dispute Management
·
Other Solutions
By
Service
·
Hosted Service
·
Managed Service
By
End-user Industry
·
BFSI
·
Consumer Goods & Retail
·
Manufacturing
·
IT & Telecom
·
Healthcare
·
Other End-user Industries
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Telecom Expense Management Market– Segment by
Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Accenture PLC
·
Avotus Corporation
·
Calero Software LLC
·
Tangoe Inc.
·
Valicom Corporatio
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