The global Telecom Expense Management (TEM) Market is expected to register a CAGR of 14.5% during the forecast period from 2023 to 2030.
The Global Telecom Expense Management (TEM) Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Telecom Expense Management (TEM) Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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Telecom expense management is a solution that makes it easy for businesses to keep track of their telecom services and assets through a central database. Also, this business practise helps them verify invoices from vendors and keep track of how much they spend. A telecom expense management solution that is outsourced also helps business owners make their operations run more smoothly. TEM, which stands for “telecom expense management,” also helps a company plan its finances.
There are many factors that affect the growth of the telecom expense management (TEM) market around the world. The market’s future looks good because more and more people are using mobile devices, which are giving them more and more information about their spending, and because they need this information.
Top Leading Companies of Global Telecom Expense Management (TEM) Market are Vodafone Global Enterprise, Tangoe, Dimension Data, Sumeru Equity Partners (MDSL & Telesoft), Calero, Accenture, CGI, Valicom, Asentinel, WidePoint Corporation, Avotus, The Northridge Group, CompuCom, Tellennium, Harris,, and others., and others.
By Type:
- Invoice and contract management
- Ordering and provisioning management
- Reporting and business management
- Sourcing management
- Usage management
By Application:
- Automotive
- Banking
- Financial Services
- and Insurance (BFSI)
- Consumer goods and retail
- Healthcare
- Manufacturing
- Media and entertainment
- Transportation and logistics
Global Telecom Expense Management (TEM) Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The global Telecom Expense Management (TEM) market has been looked at in different parts of the world, like North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA).
During the forecast period, the Asia-Pacific region is likely to see a lot of market growth. This is because there are more mobile users, bring your own device (BYOD) laws are becoming more popular, the population is growing, and the IT and communications industries are doing well. There are a lot of IT companies, BYOD and CYOD rules are becoming more popular, and IT and telecom infrastructures are getting better. All of these things will drive the need for effective telecom expense management products and services.
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Telecom Expense Management (TEM) Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Telecom Expense Management (TEM) Market Forecast
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