Australia Telecomm Expense Management (TEM) revenue accounted for US$ XX Mn in 2018 and is expected to grow at a CAGR of 6.4% during the forecast period 2019 – 2027, to account to US$ 128.52 Mn by 2027. The report includes a fundamental understanding of the driving factors for this growth, also highlights the prominent players in the market and their developments.
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The Australia Telecom Expense Management Market is estimated to be valued at US$ XX Mn in 2018 end and is expected to touch a figure of nearly US$ 128.52 Mn by 2027 end representing a CAGR of 6.4% over the forecast period. The rise in integration and implementation of 5G enabled services to boost the growth of Austalia telecom expense management solutions and services.
This research report offers a holistic view of the Australian telecom expense management market. Further, the report provides actionable qualitative as well as quantitative insights about the telecom expense management (TEM) based solution and services utilized across the different end-users. Telecom expense management constitutes a set of technology-enabled solution and services that aid in efficient and seamless management of various enterprise telecom expenses.
The report summarizes the results of the detailed, exhaustive research assessment carried out by The Insight Partners in the field of TEM across different business models, solutions, and end-users. The research study focuses on the current market trends, opportunities, future potential of the market, and competition in the TEM market across the Australian region. The study also cover market insights and analysis of the Australia TEM market, highlighting the market business model trends, end-users, industry dynamics, and competitive analysis of major players in the industry.
Australia Telecom Expense Management Market – Company Profiles
– Accenture plc
– Calero Software
– CGI Inc.
– CIMPL Inc.
– Emersion Software
– Telstra Corporation
– VoicePlus Pty
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The communication plays a vital role in seamless business processes, the function of critical enterprise operations and subsequently, the growth of the business. Moreover, the large scale geographical presence of the enterprise processes and its subsidiaries has further added to the demand for a robust and efficient enterprise communication solution and services along with its periodic maintenance as well as function.
As a result, the surge in the number of telecom assets, asset provisioning, financing, maintenance, optimization, and management of telecom expense could gain complexities with the increase in enterprise size and business operations. Thus, the Australia Telecom Expense Management Market is poised to provide significant profitable business opportunities for the market players during the coming years.
The recent increase in popularity of managed services due to a rise in the number of outsourced business operations and the process has gained remarkable traction across numerous end-user industries. Moreover, the availability of flexible telecom services equipped with the adoption of subscription and pay as you use industry practices has set to drive the demand for efficient, scalable, and robust TEM solutions during the coming years. The figure below highlights the market attractiveness of the business model across the Australian TEM market during the forecast period.
The recent increase in adoption of TEM based solution by the numerous small & medium enterprise attributed towards growing awareness and enabling analytics-driven decision-making capabilities are one of the prime market driving factors. Moreover, the limited growth opportunities across large enterprises due to the existing number of TEM solution has restricted its growth across the large enterprise.
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AUSTRALIA TELECOM EXPENSE MANAGEMENT MARKET SEGMENTATION
Australia Telecom Expense Management Market – By Solutions
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