According to the report, the global telecommunications expense management market in 2019 was $ 2932.4 million and is expected to reach a valuation of $ 4099.3 million by 2025, which is a CAGR of 8.7%.
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The annual report on the telecommunications cost management market explains the historical development and the current scenario of this industry in relation to the production-consumption ratio. It examines the various industry segments based on their respective demand patterns and their growth prospects. It also identifies the challenges businesses face and offers various methods to mitigate their impact. More importantly, the critical information and forecast statistics contained in the research literature provide valuable insights to both existing and emerging players in developing strategies that will ensure business continuity amid and post-Covid-19 pandemic.
| Report Covrage | details |
|---|---|
| Base year: | 2019 |
| Market size in 2019: | 2932.4 million ($) |
| Forecast year: | 2025 |
| Forecast value: | 4099.3 million ($) |
| CAGR: | 8.7% |
| After application: | Automotive, banking, financial services and insurance (BFSI), consumer goods and retail, healthcare, manufacturing, media and entertainment, transportation and logistics |
| By product: | Dispute Resolution, Inventory Management, Billing and Contract Management, Order and Provisioning Management, Reporting and Deal Management, Procurement Management, Usage Management |
| According to main actors: | Vodafone, CSC, MDSL, dimension data, CGI, IBM, Valicom, Accenture, Tangoe, Econocom, Anatole |
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Summary:
The Telecommunications Expense Management market research report offers a complete study of the industry in terms of key factors driving market growth as well as those that hinder it. It also identifies key opportunities and provides forecasts for the market’s performance over the 2019-2025 period.
Experts assume that the market for telecommunications cost management is expected to grow by 8.7% annually in the forecast period.
The report also includes information about regional markets, competitive conditions, and factors affecting the sub-markets. It also examines the impact of the pandemic on market valuation and growth.
Market overview:
Geographic analysis snapshot
- The report provides information about the major countries’ economic conditions and their impact on overall market growth over the forecast period.
- The report also includes regional market shares and the growth rate of consumption.
Product area overview
- The report breaks down the telecommunications expense management industry range of products into Dispute Resolution Management, Inventory Management, Billing and Contract Management, Order and Provisioning Management, Reporting and Business Management, Procurement Management, and Usage Management.
- The market share captured by each product type is given in the report.
- The document also contains detailed data on prices, market shares and revenues for each product category.
Overview of the scope
- The scope of the market for telecommunications cost management is classified in IIII.
- Forecasts about the share of consumption and the evaluation of each type of application in the forecast period are quoted in the report.
- The market share secured by each type of application is also documented.
Competitive landscape outline
- Key companies defining the competitive landscape of the Telecommunications Cost Management market include Vodafone, CSC, MDSL, Dimension Data, CGI, IBM, Valicom, Accenture, Tangoe, Econocom, and Anatole.
- The report provides comprehensive information on the products offered by these companies, their pricing model, sales modes and areas of activity.
- The study hosted statistical data on the pricing model, revenue, revenue and gross margins of leading companies.
- The report also includes details of mergers, acquisitions, collaborations, investments, partnerships and new business entry.
Frequently asked questions (FAQ):
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