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Telecom Expense Management - Global Strategic Business Report

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    Report

  • 382 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806181

Global Telecom Expense Management Market to Reach $7.9 Billion by 2030

The global market for Telecom Expense Management estimated at US$3.8 Billion in the year 2023, is projected to reach a revised size of US$7.9 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2023-2030.

Cloud Services Delivery, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth in the Complete Outsourcing Delivery Mode segment is estimated at 11.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 11.4% CAGR

The Telecom Expense Management market in the U.S. is estimated at US$1.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$661.6 Million by the year 2030 trailing a CAGR of 11.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 8.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 115 Featured)

  • IBM Corporation
  • CGI, Inc.
  • BullsEye Telecom, Inc.
  • Econocom
  • BCM One, Inc.
  • Advantix Solutions Group
  • Amtel
  • ICOMM Consulting, Inc.
  • Adaptis Mobile, Inc.
  • Ipera Solutions
  • Calero-MDSL
  • MobileWare, Inc.
  • RadiusPoint - ExpenseLogic
  • Mobit SoluA§Aµes
  • One Source

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Telecom Expense Management - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • An Introduction to Telecom Expense Management
  • Growing Importance of Telecom Expense Management (TEM) in Highly Connected World
  • Global Market Prospects & Outlook
  • Developed Regions Lead, Developing Economies to Lead Future Growth
  • Competition
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Myriad Benefits of Telecom Expense Management Tools to Propel Market Growth
  • Need to Gain Better Visibility over Communication Technology Spending to Boost Market
  • Highly Complex Nature of Telecom Expenses Amplifies Significance of TEM Tools in Cutting Costs
  • TEM Helps Achieve Optimal Value from Telecom Assets
  • Telecom Expense Management Evolves into Technology Expense Management
  • Pandemic-Induced Economic Downturn Provides Thrust to TEM Market
  • Globalization of Businesses & Workforce Decentralization Provide a Solid Foundation for Wider Adoption of TEM Solutions
  • Global Workforce Population: Percentage Breakdown of Employees by Nature of Work for 2009, 2017, & 2024
  • Rising Deployment of Telecom-based Services across Enterprise Units Enhances Significance of TEM Solutions
  • Rising Adoption of Mobile Communication Devices in Enterprises Drives Adoption of TEM
  • Rapid Proliferation of Smartphones Lends Traction to TEM Market
  • Evolving Mobile Technologies Support BYOD Implementation in Enterprises, Driving Importance of TEM Solutions
  • Key Factors Encouraging BYOD/COPE/COBO Trend among Enterprises Ranked by Importance Attached by Enterprises
  • Next Generation 5G Network Technology to Transform Enterprise Mobility, Fueling Need for TEM Solutions
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • 5G Smartphone Sales in Million Units: 2019-2021
  • Global Smartphone Subscription Breakdown by Technology for 2019 and 2025
  • Managed Mobility Services Hold Potential in Enhancing Technology Expense Management
  • Global Managed Mobility Services Market (in US$ Million) by Geographic Region for 2020 and 2027
  • TEM Software Facilitates Easy Review of Expense Data
  • Preference for Single Platform on the Rise, Local Resources Critical to TEM Vendors
  • NoTable Trends Influencing Growth in the Telecom Expense Management Market
  • Technology Trends Impacting TEM Market
  • Innovations Pave the Way for Growth in TEM Market
  • TEM Offers Costs Savings for the Healthcare Sector
  • Small and Medium Businesses (SMBs) to Boost Long-term Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Telecom Expense Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Telecom Expense Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 3: World 14-Year Perspective for Telecom Expense Management by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Cloud Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 6: World 14-Year Perspective for Cloud Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Complete Outsourcing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Complete Outsourcing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 9: World 14-Year Perspective for Complete Outsourcing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Managed Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Managed Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 12: World 14-Year Perspective for Managed Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 13: World Telecom Expense Management Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 14: USA Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 15: USA Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 16: USA 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
CANADA
  • Table 17: Canada Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 18: Canada Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 19: Canada 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
JAPAN
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 20: Japan Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: Japan Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 22: Japan 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
CHINA
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 23: China Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 24: China Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 25: China 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
EUROPE
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 26: Europe Recent Past, Current & Future Analysis for Telecom Expense Management by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: Europe Historic Review for Telecom Expense Management by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 28: Europe 14-Year Perspective for Telecom Expense Management by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2016, 2024 & 2030
  • Table 29: Europe Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 31: Europe 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
FRANCE
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 32: France Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 33: France Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 34: France 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
GERMANY
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 35: Germany Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 36: Germany Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 37: Germany 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
ITALY
  • Table 38: Italy Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 39: Italy Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 40: Italy 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
UNITED KINGDOM
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 41: UK Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 42: UK Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 43: UK 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
SPAIN
  • Table 44: Spain Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 45: Spain Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 46: Spain 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
RUSSIA
  • Table 47: Russia Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 48: Russia Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 49: Russia 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
REST OF EUROPE
  • Table 50: Rest of Europe Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 51: Rest of Europe Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 52: Rest of Europe 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
ASIA-PACIFIC
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Telecom Expense Management by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 54: Asia-Pacific Historic Review for Telecom Expense Management by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 55: Asia-Pacific 14-Year Perspective for Telecom Expense Management by Geographic Region - Percentage Breakdown of Value Revenues for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2016, 2024 & 2030
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 57: Asia-Pacific Historic Review for Telecom Expense Management by Delivery mode - Cloud Services, Complete Outsourcing and Managed Services Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 58: Asia-Pacific 14-Year Perspective for Telecom Expense Management by Delivery mode - Percentage Breakdown of Value Revenues for Cloud Services, Complete Outsourcing and Managed Services for the Years 2016, 2024 & 2030
AUSTRALIA
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Telecom Expense Management Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • IBM Corporation
  • CGI, Inc.
  • BullsEye Telecom, Inc.
  • Econocom
  • BCM One, Inc.
  • Advantix Solutions Group
  • Amtel
  • ICOMM Consulting, Inc.
  • Adaptis Mobile, Inc.
  • Ipera Solutions
  • Calero-MDSL
  • MobileWare, Inc.
  • RadiusPoint - ExpenseLogic
  • Mobit SoluA§Aµes
  • One Source