Australia Telecom Expense Management Market to phenomenally drive the global landscape over 2027

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 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.

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Australia Telecom Expense Management Market Insights

The rise in demand for 5G enabled telecom services and solutions

The integration of state of the art technology enabled 5G telecom services has attracted significant traction across significant economies, including Australia. Factors such as higher bandwidth resulting in superior internet and data services along with scope for innovative augmented and virtual reality enabled solutions is further expected to fuel the growth of the 5G enabled services. The Australian Communications and Media Authority (AMCA) has promised to accommodate modifications in its existing spectrum allocation towards maximizing the benefits of implementation of 5G services for both its commercial and retail end-users. Moreover, the Australian government has ensured the spectrum availability along with assistance in necessary regulatory and infrastructure arrangements towards the timely implementation and subsequently the availability of the 5G enabled services by the end of 2019 or 2020. Consequently, providing numerous attractive business opportunities for the Australia telecom expense market players during the forecast period.

Significant rise in penetration of TEM solutions across SMEs

The swift reduction in IT infrastructure and digital costs, coupled with an emphasis towards operational efficiencies has boosted the growth of TEM based solutions across the small and medium enterprise owners. Moreover, the availability of versatile benefits over the conventional telecom expense management along with an increase in flexible service offerings from the telecom services provider is also anticipated to add to the complexity of telecom expense management through conventional solutions. Thus, propelling the penetration of TEM based numerous solutions and managed services across the large pool of small & medium enterprise owners across the Australian region. According to data accessed from the Australian government website, the small & medium enterprise employs about 44% of the total Australian population, i.e., 4.8 million of and contributed 35% of the overall industry value added (IVA) in 2017.

AUSTRALIA TELECOM EXPENSE MANAGEMENT MARKET SEGMENTATION

Australia Telecom Expense Management Market – By Solutions

Financial Management
Order Management
Business Intelligence
Inventory Management
Contract Management
Dispute Management
Others

Australia Telecom Expense Management Market – By Business Model

Hosted
Licensed Software
Managed Services
Total Outsourcing

Australia Telecom Expense Management Market – By End-user

Small & Medium Enterprise
Large Enterprise

Australia Telecom Expense Management Market – Company Profiles

Accenture plc
Avotus Corporation
Calero Software, LLC
CGI Inc.
CIMPL Inc.
Emersion Software Systems Pty Ltd
Tangoe, Inc.
Telstra Corporation Limited
Valicom
VoicePlus Pty Ltd

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TABLE OF CONTENTS

Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Key Takeaways
3. Australia Telecom Expense Management Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Australia Telecom Expense Management Market – By Solution
3.2.2 Australia Telecom Expense Management Market – By Business Model
3.2.3 Australia Telecom Expense Management Market – By End-user
3.3 PEST Analysis
3.3.1 Australia – PEST Analysis
4. Australia Telecom Expense Management Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Implementation of 5G Services
4.1.2 Rise in Adoption of Digital TEM Solutions across Small & Medium Enterprises
4.2 Key Market Restraints
4.2.1 Steady Growth Opportunities Post 5G Implementation
4.3 Key Market Opportunities
4.3.1 Popularity of Managed Services for TEM
4.4 Future trends
4.4.1 Selection of Appropriate TEM Engagement Model for Both Client and Vendors
4.5 Impact Analysis of Drivers and Restraints
5. Telecom Expense Management- Australia Market Analysis
5.1 Australia telecom expense Market Overview
5.2 Australia Telecom Expense Management Market Forecast and Analysis