The Global Telecom Expense Management Market was valued at USD 1.30 billion in 2016 and is projected to reach USD 1.79 billion by 2025, growing at a CAGR of 3.65% from 2017 to 2025. Telecom Expense Management (TME) is defined as the management of wireless and wire line service and asset expenses. TEM is the build-out of services, or the acquisition of third-party services, to manage the supply chain for telecommunications. TEM provides several benefits to the industry that include saves money, saves time, accurately manages a telecom inventory.
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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Reduction in the Implementation Costs
1.2 Adoption of Mobile Phones
2. Market Restraints
2.1 Growing Demand for Flexible Work Environment
2.2 Interoperability Issues
2.3 Lack of Industry Standards

Market Segmentation:
The Global Telecom Expense Management Market is segmented on the organization size, applications, delivery modes, vertical, and region.
1. By Organization Size:
1.1 Large Enterprises
1.2 Small and Medium Business

2. By Applications:
2.1 Contract and Invoice Management
2.2 Financial Management
2.3 Order Management
2.4 Business Intelligence
2.5 Inventory Management
2.6 Dispute Management
2.7 Others

3. By Delivery Modes:

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3.1 Cloud Services
3.2 Licensed software
3.3 Complete outsourcing
3.4 Managed services

4. By Vertical:
4.1 BFSI
4.2 Education
4.3 Retail and Consumer Goods
4.4 Automotive
4.5 Manufacturing
4.6 Transport and Logistics
4.7 Media and Entertainment
4.8 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Accenture
2. Valicom
3. Vodafone Global Enterprise
4. IBM Corporation
5. Dimension Data
6. CGI
7. Anatole
8. CSC
9. Econocom
10. MDSL
11. Tangoe

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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