Press release
Telecom Expense Management Software Market Growth Factors, Company Profile Analysis, Research Methodology and Forecast to 2028
Telecom Expense Management Software Market report helps in making informed business decisions by having complete insights of market and by making a comprehensive analysis of market segments. This recent research compilation on the Telecom Expense Management Software Market is a versatile and future-ready analytical survey that replicates trend assessment, an in-depth assessment of market valuation and revenue-generating trends with information on profit models, Swot examination, competition spectrum, and associated vendor strategies illustrated by major players and market participants contributing by aggressively investing in the global Telecom Expense Management Software market to secure a competitive advantage amid staggering competition, potential threats from new entrants, as well as technological innovations leading to market substitutes.The Telecom Expense Management Software Market is expected to register a CAGR of 14.6% over the forecast period 2022 - 2028.
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Top Companies:
Valicom, Vodafone Global Enterprise, Tangoe, Asentinel LLC, Avotus Corporation, Ezwim B.V., MDSL, Dimension Data, WidePoint Solutions Corporation, Inc., IBM, CGI, Anatole, MDSL, CSC, Econocom
Recent Development:
July 2020 - Tangoe, a prominent player in the enterprise technology expense management and managed mobility services, announced that it has successfully completed certification to the ISO 27001 standard, primarily demonstrating that the company has been investing in the people, processes, and technology, primarily to protect the enterprise's data.
May 2020 - Avotus Corporation, a leading provider of communications management solutions, launched ReflectR, innovative analytics, and reporting solutions for Unified Communications and Collaboration (UC&C) platforms.
By the product type, the market is primarily split into:
Software as a Service
Managed Services
Complete Outsourcing
By the end-users/application, this report covers the following segments:
Banking, Financial Services, and Insurance (BFSI)
Retail
IT and Telecommunication
Healthcare
Transportation and Logistics
Manufacturing
Government and Defense
Others
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Asia- Pacific is Expected to Witness Significant Growth
The Asia Pacific region is expected to witness significant growth opportunities in the market during the forecast period primarily owing to the increasing population, a growing number of mobile users, the rising popularity of bring your own device (BYOD) policies, and flourishing IT & telecommunication. The existence of a vast number of IT services and product companies, the growing popularity of CYOD and BYOD policies, and enhancing IT and telecom infrastructures will fuel the requirement for efficient telecom expense management products and services.
The region is also been experiencing a significant shift in the telecom front, where the majority of the organizations have migrated their business-critical infrastructure to the cloud, owing to the penetration of hybrid IT API architecture.
Geographical Analysis
The report provides geographical as well as country-level analysis of the Telecom Expense Management Software market demonstrating the dominance of companies in different regions and countries. Also, in this section, the report presents the market revenue of specific products in specific regions to get informed about the dominating region in the market. Some of the regions and countries mentioned in the report are, the US, Canada, Mexico, Brazil, in North America; China, India, Korea, Japan, Singapore in the Asia Pacific; Germany, UK, Italy, France in Europe, GCC countries, Qatar in the Middle East and Africa, Latin America, South America, etc.
Research Methodology
All the data presented in the report from valuation to revenue, drivers, growth areas of the Telecom Expense Management Software market, etc., is aided by thorough research from press releases, announcements by companies, news updates, reports from company websites, government verified websites, research publications, articles by researchers, etc. All this data is scanned thoroughly by analysts in the company and the summary and collaterals are presented in the report precisely. This research helps in offering well authenticated, verified, data with exact facts and figures. The report is then forwarded to in-house analysts, top-level experts, veterans, industry persons, third parties for feedback, verification, and editing, thus, providing the reader with well written, praised the report.
Key takeaways from the report
The report provides drivers, restraints, challenges, and growth points of the Telecom Expense Management Software market and how the market can be grown from 2022-to 2028.
The report helps in figuring out the impact of covid-19 on the Telecom Expense Management Software market and what measures can be taken for its development.
The Telecom Expense Management Software market players are assisted from the report for investing in the right product or application from the market.
The report also mentions applications, product offerings, types, key marketing trends of the Telecom Expense Management Software
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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