The Asia Pacific Telecom Expense Management Market would witness market growth of 11.3% CAGR during the forecast period (2022-2028).
One's communications-related IT services and telecom inventory becomes more visible thanks to TEM. A telecom expense management company will continuously audit your telecom environment and find cost-saving and optimization potential across billing records, contracts, tariffs, and inventory. They may then give you advice or physically adjust your surroundings for you.
Unnecessary telecom costs, billing problems, and overspending on services significantly impact the bottom line of almost every business. Leading independent research companies continually rank telecom as one of the most challenging industries for finance and IT teams to manage, frequently resulting in enormous overspending.
Due to an increase in mobile users, the prevalence of bring your device (BYOD) laws, population growth, and growing IT and communications sectors, the Asia Pacific region is predicted to have significant market growth throughout the projection period. In addition, the presence of a substantial number of IT enterprises, the expanding popularity of BYOD and CYOD-related laws, and the improvement of IT and telecom infrastructures will all contribute to the demand for efficient telecom expense management products and services. The telecom industry has seen a significant transition due to the broad adoption of hybrid IT API design, with the bulk of businesses moving their mission-critical infrastructure to cloud platforms. This supports the growth of the regional market.
The China market dominated the Asia Pacific Telecom Expense Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $453.9 million by 2028. The Japan market is estimated to grow a CAGR of 10.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12% during (2022 - 2028).
Based on End-use, the market is segmented into Telecom & IT, BFSI, Consumer Goods & Retail, Manufacturing & Automotive, Healthcare & Life Sciences, and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solution (Invoice Management, Ordering & Provisioning Management, Usage Management, Sourcing Management, and Dispute Management & Others) and Service. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, NTT Data Corporation, CGI, Inc., Vodafone Group Plc, Calero-MDSL Ltd, Sakon, Inc., Avotus Corporation, Brightfin (Periscope Equity LLC), Tangoe, Inc., and Valicom (EXA Capital, LLC).
One's communications-related IT services and telecom inventory becomes more visible thanks to TEM. A telecom expense management company will continuously audit your telecom environment and find cost-saving and optimization potential across billing records, contracts, tariffs, and inventory. They may then give you advice or physically adjust your surroundings for you.
Unnecessary telecom costs, billing problems, and overspending on services significantly impact the bottom line of almost every business. Leading independent research companies continually rank telecom as one of the most challenging industries for finance and IT teams to manage, frequently resulting in enormous overspending.
Due to an increase in mobile users, the prevalence of bring your device (BYOD) laws, population growth, and growing IT and communications sectors, the Asia Pacific region is predicted to have significant market growth throughout the projection period. In addition, the presence of a substantial number of IT enterprises, the expanding popularity of BYOD and CYOD-related laws, and the improvement of IT and telecom infrastructures will all contribute to the demand for efficient telecom expense management products and services. The telecom industry has seen a significant transition due to the broad adoption of hybrid IT API design, with the bulk of businesses moving their mission-critical infrastructure to cloud platforms. This supports the growth of the regional market.
The China market dominated the Asia Pacific Telecom Expense Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $453.9 million by 2028. The Japan market is estimated to grow a CAGR of 10.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12% during (2022 - 2028).
Based on End-use, the market is segmented into Telecom & IT, BFSI, Consumer Goods & Retail, Manufacturing & Automotive, Healthcare & Life Sciences, and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solution (Invoice Management, Ordering & Provisioning Management, Usage Management, Sourcing Management, and Dispute Management & Others) and Service. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, NTT Data Corporation, CGI, Inc., Vodafone Group Plc, Calero-MDSL Ltd, Sakon, Inc., Avotus Corporation, Brightfin (Periscope Equity LLC), Tangoe, Inc., and Valicom (EXA Capital, LLC).
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Telecom & IT
- BFSI
- Consumer Goods & Retail
- Manufacturing & Automotive
- Healthcare & Life Sciences
- Others
By Organization Size
- Large Enterprises
- SMEs
By Deployment type
- On-premise
- Cloud
By Component
- Solution
- Invoice Management
- Ordering & Provisioning Management
- Usage Management
- Sourcing Management
- Dispute Management & Others
- Service
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- NTT Data Corporation
- CGI, Inc
- Vodafone Group Plc
- Calero-MDSL Ltd
- Sakon, Inc
- Avotus Corporation
- Brightfin (Periscope Equity LLC)
- Tangoe, Inc
- Valicom (EXA Capital, LLC)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Telecom Expense Management Market, by End-use
1.4.2 Asia Pacific Telecom Expense Management Market, by Organization Size
1.4.3 Asia Pacific Telecom Expense Management Market, by Deployment type
1.4.4 Asia Pacific Telecom Expense Management Market, by Component
1.4.5 Asia Pacific Telecom Expense Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Telecom Expenses Management Market
Chapter 4. Asia Pacific Telecom Expense Management Market by End-use
4.1 Asia Pacific Telecom & IT Market by Country
4.2 Asia Pacific BFSI Market by Country
4.3 Asia Pacific Consumer Goods & Retail Market by Country
4.4 Asia Pacific Manufacturing & Automotive Market by Country
4.5 Asia Pacific Healthcare & Life Sciences Market by Country
4.6 Asia Pacific Other End-use Market by Country
Chapter 5. Asia Pacific Telecom Expense Management Market by Organization Size
5.1 Asia Pacific Large Enterprises Market by Country
5.2 Asia Pacific SMEs Market by Country
Chapter 6. Asia Pacific Telecom Expense Management Market by Deployment Type
6.1 Asia Pacific On-premise Market by Country
6.2 Asia Pacific Cloud Market by Country
Chapter 7. Asia Pacific Telecom Expense Management Market by Component
7.1 Asia Pacific Solution Market by Country
7.2 Asia Pacific Telecom Expense Management Market by Solution Type
7.2.1 Asia Pacific Invoice Management Market by Country
7.2.2 Asia Pacific Ordering & Provisioning Management Market by Country
7.2.3 Asia Pacific Usage Management Market by Country
7.2.4 Asia Pacific Sourcing Management Market by Country
7.2.5 Asia Pacific Dispute Management & Others Market by Country
7.3 Asia Pacific Service Market by Country
Chapter 8. Asia Pacific Telecom Expense Management Market by Country
8.1 China Telecom Expense Management Market
8.1.1 China Telecom Expense Management Market by End-use
8.1.2 China Telecom Expense Management Market by Organization Size
8.1.3 China Telecom Expense Management Market by Deployment Type
8.1.4 China Telecom Expense Management Market by Component
8.1.4.1 China Telecom Expense Management Market by Solution Type
8.2 Japan Telecom Expense Management Market
8.2.1 Japan Telecom Expense Management Market by End-use
8.2.2 Japan Telecom Expense Management Market by Organization Size
8.2.3 Japan Telecom Expense Management Market by Deployment Type
8.2.4 Japan Telecom Expense Management Market by Component
8.2.4.1 Japan Telecom Expense Management Market by Solution Type
8.3 India Telecom Expense Management Market
8.3.1 India Telecom Expense Management Market by End-use
8.3.2 India Telecom Expense Management Market by Organization Size
8.3.3 India Telecom Expense Management Market by Deployment Type
8.3.4 India Telecom Expense Management Market by Component
8.3.4.1 India Telecom Expense Management Market by Solution Type
8.4 South Korea Telecom Expense Management Market
8.4.1 South Korea Telecom Expense Management Market by End-use
8.4.2 South Korea Telecom Expense Management Market by Organization Size
8.4.3 South Korea Telecom Expense Management Market by Deployment Type
8.4.4 South Korea Telecom Expense Management Market by Component
8.4.4.1 South Korea Telecom Expense Management Market by Solution Type
8.5 Singapore Telecom Expense Management Market
8.5.1 Singapore Telecom Expense Management Market by End-use
8.5.2 Singapore Telecom Expense Management Market by Organization Size
8.5.3 Singapore Telecom Expense Management Market by Deployment Type
8.5.4 Singapore Telecom Expense Management Market by Component
8.5.4.1 Singapore Telecom Expense Management Market by Solution Type
8.6 Malaysia Telecom Expense Management Market
8.6.1 Malaysia Telecom Expense Management Market by End-use
8.6.2 Malaysia Telecom Expense Management Market by Organization Size
8.6.3 Malaysia Telecom Expense Management Market by Deployment Type
8.6.4 Malaysia Telecom Expense Management Market by Component
8.6.4.1 Malaysia Telecom Expense Management Market by Solution Type
8.7 Rest of Asia Pacific Telecom Expense Management Market
8.7.1 Rest of Asia Pacific Telecom Expense Management Market by End-use
8.7.2 Rest of Asia Pacific Telecom Expense Management Market by Organization Size
8.7.3 Rest of Asia Pacific Telecom Expense Management Market by Deployment Type
8.7.4 Rest of Asia Pacific Telecom Expense Management Market by Component
8.7.4.1 Rest of Asia Pacific Telecom Expense Management Market by Solution Type
Chapter 9. Company Profiles
9.1 Accenture PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 NTT Data Corporation
9.2.1 Company overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 CGI, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Vodafone Group Plc
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.5 Calero-MDSL Ltd. (Riverside Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.5.2.2 Acquisition and Mergers:
9.6 Sakon, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.7 Avotus Corporation
9.7.1 Company Overview
9.8 Brightfin (Periscope Equity LLC)
9.8.1 Company Overview
9.9 Tangoe, Inc.
9.9.1 Company Overview
9.10. Valicom (EXA Capital, LLC)
9.10.1 Company Overview
Companies Mentioned
- Accenture PLC
- NTT Data Corporation
- CGI, Inc.
- Vodafone Group Plc
- Calero-MDSL Ltd
- Sakon, Inc.
- Avotus Corporation
- Brightfin (Periscope Equity LLC)
- Tangoe, Inc.
- Valicom (EXA Capital, LLC)
Methodology
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