The telecom expense management software market share should rise by USD 1.71 billion from 2021 to 2025 at a CAGR of 12.14%.
This telecom expense management software market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). The telecom expense management software market report also offers information on several market vendors, including Avotus Corp., Calero-MDSL, Cass Information Systems Inc., Globys Inc., Nippon Telegraph and Telephone Corp., Saaswedo SAS, Tangoe Inc., Tellennium Inc., Valicom Corp., and Vodafone Group Plc among others.
What will the Telecom Expense Management Software Market Size be in 2021?
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Telecom Expense Management Software Market: Key Drivers and Trends
The rising popularity of bring-your-own-device (BYOD) policy is notably driving the telecom expense management software market growth, although factors such as lack of interoperability may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the telecom expense management software market. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This telecom expense management software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Telecom Expense Management Software Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Avotus Corp.
- Calero-MDSL
- Cass Information Systems Inc.
- Globys Inc.
- Nippon Telegraph and Telephone Corp.
- Saaswedo SAS
- Tangoe Inc.
- Tellennium Inc.
- Valicom Corp.
- Vodafone Group Plc
The vendor landscape of the telecom expense management software market entails successful business strategies deployed by the vendors. The telecom expense management software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the telecom expense management software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Telecom Expense Management Software Market?
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42% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for telecom expense management software market in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growing focus to reduce growing mobility costs will facilitate the telecom expense management software market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Deployment Segments in the Telecom Expense Management Software Market?
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The telecom expense management software market share growth by the on-premises segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the telecom expense management software market size. Furthermore, our analysts have indicated actionable market insights on the post-COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
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Telecom Expense Management market - The market has the potential to grow by USD 1.60 billion during 2019-2023, and the market’s growth momentum will accelerate throughout the forecast period.
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Telecom Expense Management Software Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 12.14% |
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Market growth 2021-2025 |
$ 1.71 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
9.07 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 42% |
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Key consumer countries |
US, UK, Germany, China, and Canada |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
Avotus Corp., Calero-MDSL, Cass Information Systems Inc., Globys Inc., Nippon Telegraph and Telephone Corp., Saaswedo SAS, Tangoe Inc., Tellennium Inc., Valicom Corp., and Vodafone Group Plc |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Telecom Expense Management Software Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive telecom expense management software market growth during the next five years
- Precise estimation of the telecom expense management software market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the telecom expense management software market across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of telecom expense management software market vendors
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