Global Telecom Expense Management Software Market 2021-2025

Global Telecom Expense Management Software Market 2021-2025

Technavio has been monitoring the telecom expense management software market and it is poised to grow by $ 1.71 bn during 2021-2025, progressing at a CAGR of 12.14% during the forecast period. Our report on the telecom expense management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of bring-your-own-device (BYOD) policy and growing focus to reduce growing mobility costs. In addition, the rising popularity of bring-your-own-device (BYOD) policy is anticipated to boost the growth of the market as well.

The telecom expense management software market analysis includes the deployment segment and geographic landscape.

Technavio's telecom expense management software market is segmented as below:

By Deployment

• On-premises
• Cloud-based

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the rapid advances in technologies driving demand for scalable management solutionsas one of the prime reasons driving the telecom expense management software market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on telecom expense management software market covers the following areas:

• Telecom expense management software market sizing
• Telecom expense management software market forecast
• Telecom expense management software market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telecom expense management software market vendors that include 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. Also, the telecom expense management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

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