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.
Free Valuable Insights: The Worldwide Telecom Expense Management Market is Projected to reach USD 5.3 Billion by 2028, at a CAGR of 10.8%
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
By Deployment type
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)
TABLE 1 Asia Pacific Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Manufacturing & Automotive Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Manufacturing & Automotive Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Other End-use Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Other End-use Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 25 Asia Pacific On-premise Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific On-premise Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Invoice Management Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Invoice Management Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Ordering & Provisioning Management Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Ordering & Provisioning Management Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Usage Management Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Usage Management Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Sourcing Management Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Sourcing Management Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Dispute Management & Others Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Dispute Management & Others Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Service Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Service Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Telecom Expense Management Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Telecom Expense Management Market by Country, 2022 - 2028, USD Million
TABLE 49 China Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 50 China Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 51 China Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 52 China Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 53 China Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 54 China Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 55 China Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 56 China Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 57 China Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 58 China Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 59 China Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 60 China Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 61 Japan Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 62 Japan Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 63 Japan Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 64 Japan Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 65 Japan Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 66 Japan Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 67 Japan Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 68 Japan Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 69 Japan Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 70 Japan Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 71 Japan Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 72 Japan Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 73 India Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 74 India Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 75 India Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 76 India Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 77 India Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 India Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 India Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 80 India Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 81 India Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 82 India Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 83 India Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 84 India Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 85 South Korea Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 86 South Korea Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 87 South Korea Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 88 South Korea Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 89 South Korea Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 90 South Korea Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 91 South Korea Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 92 South Korea Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 93 South Korea Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 94 South Korea Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 95 South Korea Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 96 South Korea Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 97 Singapore Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 98 Singapore Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 99 Singapore Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 100 Singapore Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 101 Singapore Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 102 Singapore Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 103 Singapore Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 104 Singapore Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 105 Singapore Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 106 Singapore Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 107 Singapore Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 108 Singapore Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 109 Malaysia Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 110 Malaysia Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 111 Malaysia Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 112 Malaysia Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 113 Malaysia Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 114 Malaysia Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 115 Malaysia Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 116 Malaysia Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 117 Malaysia Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 118 Malaysia Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 119 Malaysia Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 120 Malaysia Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 121 Rest of Asia Pacific Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 122 Rest of Asia Pacific Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 123 Rest of Asia Pacific Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 124 Rest of Asia Pacific Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 125 Rest of Asia Pacific Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 126 Rest of Asia Pacific Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 127 Rest of Asia Pacific Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 128 Rest of Asia Pacific Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 129 Rest of Asia Pacific Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 130 Rest of Asia Pacific Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 131 Rest of Asia Pacific Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 132 Rest of Asia Pacific Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 133 Key information – Accenture PLC
TABLE 134 Key Information – NTT Data Corporation
TABLE 135 Key Information – CGI, Inc.
TABLE 136 Key information – Vodafone Group Plc
TABLE 137 Key Information – Calero-MDSL Ltd.
TABLE 138 Key Information – Sakon, Inc.
TABLE 139 Key Information – Avotus Corporation
TABLE 140 Key Information – brightfin
TABLE 141 Key Information – Tangoe, Inc.
TABLE 142 Key Information – Valicom
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Accenture plc
FIG 3 SWOT Analysis: NTT Data Corporation
FIG 4 SWOT Analysis: CGI, Inc.
FIG 5 Recent strategies and developments: Calero-MDSL