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NEW YORK, Oct. 3, 2022 /PRNewswire/ — The telecom expense management software market size is expected to grow by USD 1.71 billion during 2020-2025, at a CAGR of 12.14% during the forecast period, according to Technavio. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Avotus Corp., Calero-MDSL, Cass Information Systems Inc., Globys Inc., Nippon Telegraph and Telephone Corp., Saaswedo SAS, Tangoe Inc., Tellennium Inc., Valicom Corp., and Vodafone Group Plc are some of the major market participants.
The rising popularity of the bring-your-own-device (BYOD) policy, growing focus to reduce growing mobility costs, and rapid advances in technologies driving demand for scalable management solutions will offer immense growth opportunities.
However, lack of interoperability, increasing tendency of switching by vendors, and increasing data security issues will challenge the growth of the market participants. Buy Sample Report.
Parent Market Analysis
Technavio categorizes the global Telecom Expense Management Software Market as a part of the global application software market within the global information technology (IT) software market.
Technavio uses the total revenue generated by manufacturers to estimate the global Telecom Expense Management Software Market size. External factors influencing the parent market’s growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Telecom Expense Management Software Market throughout the forecast period.
Telecom Expense Management Software Market Value Chain Analysis
To maximize profit margins and evaluate business plans, an end-to-end understanding of Telecom Expense Management Software is required. The report will help vendors drive costs and enhance customer services during the forecast period.
- Inputs
- Operations
- Marketing and sales
- Service
- Support activities
- Innovation
To unlock information about vendor drive costs and customer service, download a free sample report.
Telecom Expense Management Software Market Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Telecom Expense Management Software Market, including some of the vendors …
Full story available on Benzinga.com
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