Telecom Expense Management (TEM) Market Rising Trends and Global Outlook 2023 to 2030 – CAGR of 14.5% during the forecast period

PRESS RELEASE
Published February 21, 2023

The global Telecom Expense Management (TEM) Market is expected to register a CAGR of 14.5% during the forecast period from 2022 to 2027.

Telecom Expense Management (TEM) Market Overview

Global Telecom Expense Management (TEM) Market Size, Status, and Forecast 2022-2030. In-depth research accumulated to offer the latest insights about acute features of the global Telecom Expense Management (TEM) market. This report provides a detailed overview of key factors in the Telecom Expense Management (TEM) Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Telecom Expense Management (TEM) in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of the COVID-19/Russia-Ukraine War on the regional economy.

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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.

Some of the key players profiled in the study 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.

Telecom Expense Management (TEM) Market Segmentation:

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

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.

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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Table of Content of Telecom Expense Management (TEM) Market:

1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Telecom Expense Management (TEM) market (2022-2030).

2: Exclusive Summary – the basic information of the Global Telecom Expense Management (TEM) Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Telecom Expense Management (TEM); Post COVID Analysis.

4: Presenting the Global Telecom Expense Management (TEM) Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country 2017-2022.

6: Evaluating the leading manufacturers of the Global Telecom Expense Management (TEM) Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2030).

 To be continued

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Key Questions Answered in the Telecom Expense Management (TEM) Market Report:

  1. How much was the global Telecom Expense Management (TEM) market in 2022?
  2. How much will the global Telecom Expense Management (TEM) market worth in 2030?
  3. At what compound annual growth rate will the global Telecom Expense Management (TEM) market grow?
  4. Which segment is estimated to lead the Construction Robot market during the forecast period?
  5. What is the key market driver for the growth of the global Telecom Expense Management (TEM) market?

A wealth of financial data & business strategy information is provided including:

  • Up-to-date company financials, sales & revenue figures.
  • Revenue and market forecasts.
  • Business model strategies for niche companies.
  • A comprehensive explanation of company products, financials & portfolios.

About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

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