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 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 2022USD 3,157.4 million
Market revenue in 2030USD 7,762.5 million
Growth rate11.9% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, 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 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
  • 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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  • Our clientele includes a mix of telecom expense management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 size, by region, 2018-2030 (US$M)

Top 10 countries: Telecom expense management market size, 2022 (US$M)

Global telecom expense management market share, by component, 2022 & 2030 (%, US$M)

Telecom expense management market: Opportunity assessment by country

Global telecom expense management market, by region, 2022 (US$M)

Global telecom expense management market size, by region, 2018-2030 (US$M)

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