Telecom Expense Management Market 2018 Size, Share and Regional Analysis by Key Leaders: Control Point Solutions, Invoice Insights, Accenture, Profitline, Tangoe, Ezwim

The report on the global Telecom Expense Management market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Telecom expense management refers to a service adopted by enterprises for optimizing telecom cost, handling inventory management, bill payment, procurement and invoice management, and other functions carried on a single platform.

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Major key Players

Some of the prominent players in the global telecom expense management market: Accenture PLC (Ireland), Avotus Corporation (Canada), Control Point Solutions (U.S.), Invoice Insights (U.S.), MBG (U.S.), Profitline (U.S.), Tangoe (U.S.), IBM (U.S.), Ezwim B.V, MDSL (The Netherlands), Econocom (Belgium) are some of the prominent players at the forefront of competition in the Global Telecom Expense Management Market and are profiled in MRFR Analysis.

According to Market Research Future Analysis, the global Telecom Expense Management Market is estimated to generate revenue of approximately USD 4 billion by 2023 growing at a CAGR of 18% during the forecast period 2017-2023.

Industry News

February 14, 2018 – Tangoe is known as a leading provider of Telecom Expense Management (TEM) and Managed Mobility Services (MMS) solutions. The company announced the expansion of its Tangoe advisory services. The expanded services will enhance enterprise by optimizing their current expense management solutions with strategic sourcing of provider contracts, network transformation and expense management consulting.
June 16, 2017 - Avotus Corporation a prominent player in telecom expense management market, published that its 90% of the clients adopting Avotus wireless expense management team, are either or completely satisfied with the service. On the other hand, 97% of those users interfacing with the enhanced usage reporting team also responded in the same manner.

Competitive Analysis

The market is at an optimally valuable level and will be efficient in generating greater value for the firms in the market and its shareholders. The diversification of the product assortment in the market is increasing the opportunity for the progress of the market. The evolution patterns are reviewed in tandem to the customer likings to realize the highest growth, and in the long run, viability. The potential for profitability in a market has been determined to be optimistic which will be fruitful for future expansions. The ability to utilize the economies of scale is further proving to be beneficial for overall market growth. Although, the market has also considerably neutralized the market advantages and thus is promoting an increase in the number of firms in the market. The administration styles in the market are reinforcing the level of growth that can be achieved in the present market scenario.

Segmentation:

The segmentation of telecom expense management market is carried out on the basis of service, solution, region, organization size, and end user. The end user segment comprises of BFSI, consumer goods & retail, automotive, transport and logistics, and others. The IT & telecommunication segment is projected to control the major share of the telecom expense management market due to the amplified IT infrastructure, development of markets across the globe, heightened spending on mobile devices, and advanced communications channels to connect with other users. The solution-based segmentation of the market is segmented into inventory management, dispute management, procurement management, invoice and contract management, and others. The service-based segmentation of the market consists of licensed software, managed service, hosted, and others. Lastly, the organization size based segmentation of the market includes small & medium enterprises and large enterprises. The regions counted in the market spread are Asia Pacific, North America, Europe, and Rest of the World.

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Detailed Regional Analysis

The telecom expense management market covers regions like Asia Pacific, North America, Europe, and Rest of the World. The North American region is heading the global market. The market is observing a swift growth period owing to technological developments and improving demand for mobile application development platforms across diverse industry verticals in this region. The U.S. is the foremost country in this regional market and commands a key share of the market equally in terms of revenue as well as the implementation of mobile applications. The Asia Pacific and the Middle Eastern region is anticipated to display maximum growth prospects in the market over the forecast period due to factors such as growing population, mounting mobile users, intensifying popularity of bring your own device technology (BYOD) and successful IT & telecommunication industry.

Intended Audience

• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Government Bodies
• Telecom Operators

LIST OF TABLES
Table 1 Global Telecom Expense Management Market: By Region, 2017-2023
Table 2 North America Telecom Expense Management: By Country, 2017-2023
Table 3 Europe Telecom Expense Management: By Country, 2017-2023
Table 4 Asia-Pacific Telecom Expense Management: By Country, 2017-2023
Table 5 Rest of the World Telecom Expense Management Market: By Country, 2017-2023

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LIST OF FIGURES
FIGURE 1 Global Telecom Expense Management market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Telecom Expense Management Market
FIGURE 4 Value Chain of Global Telecom Expense Management Market

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