Telecom Expense Management Market 2021 Global Leading Players, COVID – 19 Outbreak, Business Trends, Segments and Profit Growth

Telecom Expense Management Market Highlights:

The global telecom expense management market is projected to witness a rapid growth during the forecast period. High growth opportunities in emerging economies and rising adoption of portable device are the major factor driving the growth of the market. Moreover, increasing demand for telecom expense management across various industry verticals such as IT & telecommunication, retail, manufacturing, transport & logistics is fueling the growth of the global market.

The global Telecom Expense Management Market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the telecom expense management market in North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the North American telecom expense management market owing to the presence of large number of established key players such as Avotus Corporation (Canada), Control Point Solutions (U.S.), Invoice Insights (U.S.), MBG (U.S.), Profitline (U.S.), Tangoe (U.S.), IBM (U.S.) in this region. Due to the high adoption of portable device and rising telecom expense of enterprises in the region, the market is likely to show immense growth in the coming future. Additionally, North America also has a well-established infrastructure, which allows higher penetration of devices and ultimately provides better connectivity. Increasing need for innovations and advancements in the technology are other major factors responsible for the growth of the telecom expense management market.

In the global telecom expense management market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of portable device, emerging economies and technological advancement in telecom expense management in the region.

The global Telecom expense management market is projected to reach USD 4.50 billion at a CAGR of over 16% by the end of the forecast period 2017-2023.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4771

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 (Netherlands), Econocom (Belgium) among others.

Telecom Expense Management Market Segmentation:

The global telecom expense management market is segmented on the basis of solution, service, organization size and end user. The end user segment is classified into IT & telecommunication, automotive, consumer goods and retail, BFSI, transport and logistics and others. However, IT & telecommunication segment is expected to hold the largest share of the telecom expense management market.

This is owing to the increased IT infrastructure, expansion of markets across globe, increased expenditure on mobile devices and advanced communications channels to connect with employees, customers, and clients has led to demand of telecom expense management solution in the industry.

Market Research Analysis:

North America is estimated to account for the largest share of the market, whereas Asia-Pacific market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing rapid growth due to technological advancements and increasing demand for mobile application development platforms across different industry verticals in this region. U.S. holds majority of the market share both in terms of revenue as well as adoption of mobile applications.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued….

Access Report Details @ https://www.marketresearchfuture.com/reports/telecom-expense-management-market-4771

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

Continued….

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

Figure 5 Share of Global Telecom Expense Management Market In 2017, By Country (In %)

Continued…

About Market Research Future

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

Tags: Telecom Expense Management market size, Telecom Expense Management Market trends, Global Telecom Expense Management Market, Telecom Expense Management Market Segments, Telecom Expense Management Market, Telecom Expense Management Market Growth See Campaign: https://www.marketresearchfuture.com/reports/telecom-expense-management-market-4771
Contact Information:
Market Research Future Phone: +1646 845 9312 [email protected]

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English