Middle East & Africa Telecom Expense Management Market Size & Outlook
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MEA telecom expense management market highlights
- The MEA telecom expense management market generated a revenue of USD 265.5 million in 2022.
- The market is expected to grow at a CAGR of 9.7% from 2023 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2022.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 265.5 million |
| Market revenue in 2030 | USD 558.1 million |
| Growth rate | 9.7% (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 |
| Key market players worldwide | Accenture PLC Class A, CGI Inc Class A, NTT Data Group Corp, Vodafone Group PLC, Brightfin, Calero, Sakon, Tangoe, Valicom |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.4% of the global telecom expense management market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,348.9 million by 2030.
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Telecom Expense Management Market Scope
Telecom Expense Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Valicom | View profile | 11-50 | Madison, Wisconsin, United States, North America | https://www.valicomcorp.com/ |
| Tangoe | View profile | 1001-5000 | Orange, Connecticut, United States, North America | http://www.tangoe.com |
| Sakon | View profile | 501-1000 | Concord, Massachusetts, United States, North America | https://www.sakon.com/ |
| Calero | View profile | 501-1000 | Rochester, New York, United States, North America | https://www.calero.com/ |
| Brightfin | View profile | 251-500 | Centennial, Colorado, United States, North America | https://www.brightfin.com |
| CGI Inc Class A | View profile | 91500 | 1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, Canada, H3G 1T4 | https://www.cgi.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
Middle East & Africa 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 77.44% in 2022. Horizon Databook has segmented the Middle East & Africa telecom expense management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa telecom expense management market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa telecom expense management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA telecom expense management market size, by country, 2018-2030 (US$M)
Middle East & Africa Telecom Expense Management Market Outlook Share, 2022 & 2030 (US$M)
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