The Telecom Expense Management Market, estimated at $1.45 billion in 2019, may reach $1.89 billion by 2027. That represents a compound annual growth rate (CAGR) of 3.65%. Another study, adjusted for the impact of COVID-19, projects a CAGR of 14.5% through 2025.
Telecom Expense Management has become an essential part of the tech stack at companies of all sizes and across most industries. Two transformative trends mostly drive this:
Increased need for efficient TEM practices
Expansion of business telecom infrastructures
If you need assistance with your telecom expense management, contact the experts at Valicom to tailor a solution for your company.