Latest industry research report on Telecom Expense Management Market. A solution that provides a central database where, enterprises can easily manage telecom services as well as assets is termed as telecom expense management. Furthermore, the business practice also helps them validate vendor invoices and control their spending. Besides this, advantage of an outsourced telecom expense management solution helps business owners streamline their operations. Moreover, TEM (or telecom expense management) further aids a company in financial planning.
There are several drivers, restraints and opportunities influencing the growth of the telecom expense management worldwide. Growing adoption of devices mobile devices that are fast gaining visibility over expenditures and need for such visibility are playing an important role in keeping the future of the market bright.
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However, lower interoperability as well as recent incidents of poor performance in compatibility associated with the solutions from different vendors has limited the growth of the market. Affordable deployment cost and rising need for cost efficient solutions would create greater opportunities for telecom expense management in years to come.
A closer look at the competitive landscape reveals that major IT brands are busy launching telecom expense management solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge. Other business strategies favored by the companies include constant up gradation, joint ventures and collaborations. Prominent brands active in the market are Accenture, IBM, CGI, Tangoe, CSC and many others. KEY BENEFITS FOR STAKEHOLDERS
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The market is segmented based on solutions, delivery model, end -customers, industry and geography.
World Telecom Expense Management Market By Solution
World Telecom Expense Management Market By Delivery Model
World Telecom Expense Management Market By End-Customers
World Telecom Expense Management Market By Industry
World Telecom Expense Management Market Geography
Key Market Players
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