Global Telecom Expense Management Market Size & Outlook
The telecom expense management industry worldwide is expected to reach a projected revenue of US$ 7,762.5 million by 2030. A compound annual growth rate of 11.9% is expected of the worldwide telecom expense management industry from 2023 to 2030.
Revenue, 2022 (US$M)
$3,157.4
Forecast, 2030 (US$M)
$7,762.5
CAGR, 2023 - 2030
11.9%
Report Coverage
Worldwide
Global telecom expense management market, 2018-2030 (US$M)
Related Markets
Global telecom expense management market highlights
- The global telecom expense management market generated a revenue of USD 3,157.4 million in 2022 and is expected to reach USD 7,762.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 11.9% by 2030.
- In terms of segment, solution accounted for a revenue of USD 2,433.6 million in 2022.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 3,157.4 million |
| Market revenue in 2030 | USD 7,762.5 million |
| Growth rate | 11.9% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 34.2% of the global telecom expense management market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 118.3 million by 2030.
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Telecom Expense Management Market Scope
Telecom expense management market segmentation & scope
Others
Other
Telecom Expense Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global telecom expense management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telecom expense management market will help companies and investors design strategic landscapes.
solution was the largest segment with a revenue share of 77.08% in 2022. Horizon Databook has segmented the Global telecom expense management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Telecom Expense Management Component Outlook (Revenue, USD million, 2018-2030)
- Solution
- Dispute Management
- Invoice Management
- Ordering and Provisioning Management
- Sourcing Management
- Usage Management
- Others
- Service
- Hosted Services
- Managed Services
- Solution
- Global Telecom Expense Management Deployment Outlook (Revenue, USD million, 2018-2030)
- Cloud
- On-premise
- Global Telecom Expense Management Enterprise Outlook (Revenue, USD million, 2018-2030)
- Large Sized Enterprises
- Small and Medium Sized Enterprises (SMEs)
- Global Telecom Expense Management Industry Vertical Outlook (Revenue, USD million, 2018-2030)
- BFSI
- Consumer Goods & Retail
- Healthcare
- IT and Telecom
- Manufacturing & Automotive
- Other
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Target buyers of Global telecom expense management market databook
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Our clientele includes a mix of telecom expense management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global telecom expense management market , including forecasts for subscribers. This global databook contains high-level insights into Global telecom expense management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global telecom expense management market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Telecom expense management market size, 2022 (USD million)
Top 10 countries: Telecom expense management market size, 2022 (USD million)
Global telecom expense management market, by region, 2022 (US$M)
Related regional statistics
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