Market Analysis and Insights Middle East and Africa Telecom Expense Management
Middle East and Africa telecom expense management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 2.8% in the forecast period of 2021 to 2028 and is expected to reach USD 138.51 million by 2028. Increase in demand for TEM due to IoT and cloud-based application is boosting the market.
Telecom expense management (TEM) is an approach of managing all telecommunication service expenses such as voice, data, and wireless with a combination of software tools and manual auditing. In managing all these services and related processes, its main goal is to minimize costs and maximize process efficiency. For a small company, it can be as simple as checking over your phone bill every month to make sure you are not billed for services you do not want. For larger companies, it is a more formal program to optimize spending on telecom services. Most of the attention goes to bill auditing and getting refunds for billing errors, but an effective TEM program can do more than that.
Middle East and Africa Telecom Expense Management Market Scope and Market Size
The Middle East and Africa Telecom Expense Management Market is segmented on the basis of the offering, service delivery mode, enterprise size and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of offering, the global Middle East and Africa Telecom Expense Management Market is segmented into solutions and services. In 2021, solutions segment is expected to dominate the global Middle East and Africa Telecom Expense Management Market as it help in reducing of unnecessary cost and optimizing the telecom spending.
On the basis of service delivery mode, the global Middle East and Africa Telecom Expense Management Market has been segmented into licensed software, managed services, and complete outsourcing and hosted. In 2021, licensed software segment is expected to dominate the global Middle East and Africa Telecom Expense Management Market, as all the operations are carried out by the customer himself, giving the transparency of all the spending carried out.
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Middle East and Africa Telecom Expense Management Market Country Level Analysis
The countries covered in the Telecom Expense Management market report are the Saudi Arabia, Israel, South Africa, Egypt and Rest of Middle East and Africa. Saudi Arabia dominates the market due to the presence of IT telecom service industry in the region and demand.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast.
Competitive Landscape and Middle East and Africa Telecom Expense Management Market Share Analysis
The Middle East and Africa Telecom Expense Management Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East and Africa Telecom Expense Management Market.
Key Players Middle East and Africa Telecom Expense Management Market
- Vodafone Group
- CGI Inc.
- Dimension Data
- Accenture
- Econocom
- Asignet
- Technology DNA
- AVOTUS
- Calero-MDSL
- Cass Information Systems Inc.
- Network Control
- One Source
- RadiusPoint
- Saaswedo
- Sakon
- Tangoe
- Tellennium
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Middle East and Africa Telecom Expense Management Market by Product Procedure type
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