Europe Telecom Expense Management Market Size, Share & Industry Trends Analysis Report By End-use, By Organization Size (Large Enterprises and SMEs), By Deployment type (On-premise and Cloud), By Component, By Country and Growth Forecast, 2022 - 2028

The Europe Telecom Expense Management Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).

A TEM service provider often gathers the data required to create and verify an inventory of your telecom gear and services. Then, they conduct a forensic audit to find billing problems and retrieve the money you're due. They verify that services are being invoiced following contracts, service orders, and tariffs as part of the audit.

One challenging endeavor that firms take on is building their management teams from scratch. Undoubtedly, this strategy has its long-term advantages, but it may take time to implement. Telecom solutions, however, get around this as they don't call for training. In addition, they don't have to wait for the on-site employees to create future savings strategies; they may go to work on solutions right now.

Lastly, since a third party provides telecom solutions, personnel limitations do not apply. Telecom solutions will be available around the clock and work round-the-clock to bring expenses under control. This accessibility might save a company since time is essential, and a firm may require responses soon, if not immediately. Even if the situation isn't so urgent, it's still a tremendous advantage to have an attentive outside staff helping your company manage expenditures.

Factors like strong economic conditions, a rise in the number of SMEs and large enterprises, and the growing importance of telecom cloud services are among the key factors augmenting the adoption of telecom cloud services in Europe. Established operators must develop their telco cloud to interoperate with legacy network environments, whereas greenfield operators can build a wholly cloud-native environment from the bottom up. Legacy and cloud-native networks must coexist for some time to allow operators to transition network functions, services, and apps most efficiently and cost-effectively. Thus, the market for telecom expense management is predicted to flourish in the region with the expanding number of companies adopting advanced telecom services.

The Germany market dominated the Europe Telecom Expense Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $349.9 million by 2028. The UK market is anticipated to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 11.2% during (2022 - 2028).

Based on End-use, the market is segmented into Telecom & IT, BFSI, Consumer Goods & Retail, Manufacturing & Automotive, Healthcare & Life Sciences, and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment type, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Solution (Invoice Management, Ordering & Provisioning Management, Usage Management, Sourcing Management, and Dispute Management & Others) and Service. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Telecom Expense Management Market will Hit $5.3 Billion by 2028, at a CAGR of 10.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, NTT Data Corporation, CGI, Inc., Vodafone Group Plc, Calero-MDSL Ltd, Sakon, Inc., Avotus Corporation, Brightfin (Periscope Equity LLC), Tangoe, Inc., and Valicom (EXA Capital, LLC).

Scope of the Study

Market Segments Covered in the Report:

By End-use

• Telecom & IT
• BFSI
• Consumer Goods & Retail
• Manufacturing & Automotive
• Healthcare & Life Sciences
• Others

By Organization Size

• Large Enterprises
• SMEs

By Deployment type

• On-premise
• Cloud

By Component

• Solution
  • Invoice Management
  • Ordering & Provisioning Management
  • Usage Management
  • Sourcing Management
  • Dispute Management & Others
• Service

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Accenture PLC
• NTT Data Corporation
• CGI, Inc.
• Vodafone Group Plc
• Calero-MDSL Ltd
• Sakon, Inc.
• Avotus Corporation
• Brightfin (Periscope Equity LLC)
• Tangoe, Inc.
• Valicom (EXA Capital, LLC)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Telecom Expense Management Market, by End-use
1.4.2 Europe Telecom Expense Management Market, by Organization Size
1.4.3 Europe Telecom Expense Management Market, by Deployment type
1.4.4 Europe Telecom Expense Management Market, by Component
1.4.5 Europe Telecom Expense Management Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Telecom Expenses Management Market

Chapter 4. Europe Telecom Expense Management Market by End-use
4.1 Europe Telecom & IT Market by Country
4.2 Europe BFSI Market by Country
4.3 Europe Consumer Goods & Retail Market by Country
4.4 Europe Manufacturing & Automotive Market by Country
4.5 Europe Healthcare & Life Sciences Market by Country
4.6 Europe Other End-use Market by Country

Chapter 5. Europe Telecom Expense Management Market by Organization Size
5.1 Europe Large Enterprises Market by Country
5.2 Europe SMEs Market by Country

Chapter 6. Europe Telecom Expense Management Market by Deployment Type
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country

Chapter 7. Europe Telecom Expense Management Market by Component
7.1 Europe Solution Market by Country
7.2 Europe Telecom Expense Management Market by Solution Type
7.2.1 Europe Invoice Management Market by Country
7.2.2 Europe Ordering & Provisioning Management Market by Country
7.2.3 Europe Usage Management Market by Country
7.2.4 Europe Sourcing Management Market by Country
7.2.5 Europe Dispute Management & Others Market by Country
7.3 Europe Service Market by Country

Chapter 8. Europe Telecom Expense Management Market by Country
8.1 Germany Telecom Expense Management Market
8.1.1 Germany Telecom Expense Management Market by End-use
8.1.2 Germany Telecom Expense Management Market by Organization Size
8.1.3 Germany Telecom Expense Management Market by Deployment Type
8.1.4 Germany Telecom Expense Management Market by Component
8.1.4.1 Germany Telecom Expense Management Market by Solution Type
8.2 UK Telecom Expense Management Market
8.2.1 UK Telecom Expense Management Market by End-use
8.2.2 UK Telecom Expense Management Market by Organization Size
8.2.3 UK Telecom Expense Management Market by Deployment Type
8.2.4 UK Telecom Expense Management Market by Component
8.2.4.1 UK Telecom Expense Management Market by Solution Type
8.3 France Telecom Expense Management Market
8.3.1 France Telecom Expense Management Market by End-use
8.3.2 France Telecom Expense Management Market by Organization Size
8.3.3 France Telecom Expense Management Market by Deployment Type
8.3.4 France Telecom Expense Management Market by Component
8.3.4.1 France Telecom Expense Management Market by Solution Type
8.4 Russia Telecom Expense Management Market
8.4.1 Russia Telecom Expense Management Market by End-use
8.4.2 Russia Telecom Expense Management Market by Organization Size
8.4.3 Russia Telecom Expense Management Market by Deployment Type
8.4.4 Russia Telecom Expense Management Market by Component
8.4.4.1 Russia Telecom Expense Management Market by Solution Type
8.5 Spain Telecom Expense Management Market
8.5.1 Spain Telecom Expense Management Market by End-use
8.5.2 Spain Telecom Expense Management Market by Organization Size
8.5.3 Spain Telecom Expense Management Market by Deployment Type
8.5.4 Spain Telecom Expense Management Market by Component
8.5.4.1 Spain Telecom Expense Management Market by Solution Type
8.6 Italy Telecom Expense Management Market
8.6.1 Italy Telecom Expense Management Market by End-use
8.6.2 Italy Telecom Expense Management Market by Organization Size
8.6.3 Italy Telecom Expense Management Market by Deployment Type
8.6.4 Italy Telecom Expense Management Market by Component
8.6.4.1 Italy Telecom Expense Management Market by Solution Type
8.7 Rest of Europe Telecom Expense Management Market
8.7.1 Rest of Europe Telecom Expense Management Market by End-use
8.7.2 Rest of Europe Telecom Expense Management Market by Organization Size
8.7.3 Rest of Europe Telecom Expense Management Market by Deployment Type
8.7.4 Rest of Europe Telecom Expense Management Market by Component
8.7.4.1 Rest of Europe Telecom Expense Management Market by Solution Type

Chapter 9. Company Profiles
9.1 Accenture PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 NTT Data Corporation
9.2.1 Company overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 CGI, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Vodafone Group Plc
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.5 Calero-MDSL Ltd. (Riverside Partners)
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.5.2.2 Acquisition and Mergers:
9.6 Sakon, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.7 Avotus Corporation
9.7.1 Company Overview
9.8 Brightfin (Periscope Equity LLC)
9.8.1 Company Overview
9.9 Tangoe, Inc.
9.9.1 Company Overview
9.10. Valicom (EXA Capital, LLC)
9.10.1 Company Overview

TABLE 1 Europe Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 2 Europe Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 3 Europe Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 4 Europe Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 5 Europe Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Manufacturing & Automotive Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Manufacturing & Automotive Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Other End-use Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Other End-use Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 18 Europe Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 19 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 24 Europe Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 25 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 30 Europe Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 31 Europe Solution Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Solution Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 34 Europe Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 35 Europe Invoice Management Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Invoice Management Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Ordering & Provisioning Management Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Ordering & Provisioning Management Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Usage Management Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Usage Management Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Sourcing Management Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Sourcing Management Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Dispute Management & Others Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Dispute Management & Others Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Service Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Service Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Telecom Expense Management Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Telecom Expense Management Market by Country, 2022 - 2028, USD Million
TABLE 49 Germany Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 50 Germany Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 51 Germany Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 52 Germany Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 53 Germany Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 54 Germany Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 55 Germany Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 56 Germany Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 57 Germany Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 58 Germany Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 59 Germany Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 60 Germany Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 61 UK Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 62 UK Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 63 UK Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 64 UK Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 65 UK Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 66 UK Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 67 UK Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 68 UK Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 69 UK Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 70 UK Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 71 UK Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 72 UK Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 73 France Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 74 France Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 75 France Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 76 France Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 77 France Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 France Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 France Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 80 France Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 81 France Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 82 France Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 83 France Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 84 France Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 85 Russia Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 86 Russia Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 87 Russia Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 88 Russia Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 89 Russia Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 90 Russia Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 91 Russia Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 92 Russia Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 93 Russia Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 94 Russia Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 95 Russia Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 96 Russia Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 97 Spain Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 98 Spain Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 99 Spain Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 100 Spain Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 101 Spain Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 102 Spain Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 103 Spain Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 104 Spain Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 105 Spain Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 106 Spain Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 107 Spain Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 108 Spain Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 109 Italy Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 110 Italy Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 111 Italy Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 112 Italy Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 113 Italy Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 114 Italy Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 115 Italy Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 116 Italy Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 117 Italy Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 118 Italy Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 119 Italy Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 120 Italy Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Telecom Expense Management Market, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Telecom Expense Management Market, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Telecom Expense Management Market by End-use, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Telecom Expense Management Market by End-use, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Telecom Expense Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Telecom Expense Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 127 Rest of Europe Telecom Expense Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 128 Rest of Europe Telecom Expense Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 129 Rest of Europe Telecom Expense Management Market by Component, 2018 - 2021, USD Million
TABLE 130 Rest of Europe Telecom Expense Management Market by Component, 2022 - 2028, USD Million
TABLE 131 Rest of Europe Telecom Expense Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 132 Rest of Europe Telecom Expense Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 133 Key information – Accenture PLC
TABLE 134 Key Information – NTT Data Corporation
TABLE 135 Key Information – CGI, Inc.
TABLE 136 Key information – Vodafone Group Plc
TABLE 137 Key Information – Calero-MDSL Ltd.
TABLE 138 Key Information – Sakon, Inc.
TABLE 139 Key Information – Avotus Corporation
TABLE 140 Key Information – brightfin
TABLE 141 Key Information – Tangoe, Inc.
TABLE 142 Key Information – Valicom

List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Accenture plc
FIG 3 SWOT Analysis: NTT Data Corporation
FIG 4 SWOT Analysis: CGI, Inc.
FIG 5 Recent strategies and developments: Calero-MDSL