Australia Telecom Expense Management Market to 2027 - Regional Analysis and Forecasts by Solutions (Financial Management, Order Management, Business Intelligence, Inventory Management, Contract Management, Dispute Management, and Others), Business Model (Hosted, Licensed Software, Managed Service, and Total Outsourcing), and End-user (Small & Medium Enterprise, and Large Enterprise)
Publication Month: Jun 2019
Report Code: TIPRE00005722 No. of Pages: 118 Category: Technology, Media and Telecommunications Status: Published
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.
Exhibit: Lucrative Australia Telecom Expense Management Market By Revenue
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 – End-user Insights
The significantly large number of users of telecom service such as fixed, mobile, and data for seamless business communication requirement has driven the number of telecom-based assets, devices, services, and solutions. Moreover, the rise in labor costs equipped with budget constraints and fluctuation in service offerings has complicated the task of management of telecom expenses efficiently. As a result, the enterprise owners’ especially large and medium enterprises apart from telecom service provider have attracted significant demand for numerous TEM based solution and services. The large enterprise owing to significantly large scale organizational presence and massive operation has attributed in demand for efficient and robust business communication-based solution and assets. Moreover, the substantial complexities in telecom provisioning, management, allocation, and tracking of various telecom expense have resulted in the notable market share of the large enterprise. Thus, the large enterprise accounted for the significant market share presently and are expected to maintain its dominance in the Australia telecom expense management market during the coming years.
Australia Telecom Expense Management Market – Business Model Insights
Currently, the companies operating in Australia telecom expense management market provide a wide range of solutions through professional and managed services. Furthermore, the continuous advancement in technological capabilities in the business communication such as hosted PBX, unified communications, and other disruptive technologies also have a significant impact over the market player value offerings and subsequently their business model. As a result, based on the business model, the Australian telecom expense management market is segmented into hosted, licensed software, managed service, and total outsourcing business models.
Australia Telecom Expense Management Market – Solutions Insights
Presently, the leading telecom expense management based market players offer a broad range of solutions as well as related managed services for distinguishing their core offerings from market competitors. Moreover, the significant presence of many market players across Australian as well as other major geographical regions along with high market competition has attributed in the highly fragmented nature of the market. As a result, the leading market players have extended their solution features beyond current offerings to accommodate additional value-added solutions and services. For instance, some of the commonly offered features through telecom expense management solutions and services being offered currently are financial management, business intelligence, reporting & analytics, consulting, contract management, and sourcing management among other additional features. Thus, based on solutions the market is broadly classified into financial management, order management, business intelligence, inventory management, contract management, dispute management, and others (sourcing management, design & optimization management, and security management) segments.
Exhibit: Australia Telecom Expense Management Market Revenue by End-user (USD Mn)
Australia Telecom Expense Management Market - Strategic Insights
Market Initiatives was observed as the most adopted strategy in the Australia Telecom Expense Management Market. Few of the recent market initiatives adopted by some of the leading market players operating in the Australia Telecom Expense Management Market are listed below;
2019: Accenture announced that the company has earned Efficiency First Solution Certificate in TEM from AOTMP.
2019: Calero and Crown Commercial Service together launched RM3802 Technology Expense Management Framework for public sector organizations in UK.
2018: Calero Software acquitted Netherland based TEM provider A&B Groep to expand Calero’s technical, customer service as well as commercial operations in Europe.
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
1. 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
6. Australia Telecom Expense Management Market revenue and forecasts to 2027 – solutions
6.1 Overview
6.2 Australia Telecom Expense Management Market Breakdown, By solutions, 2017 & 2027
6.3 financial management
6.3.1 Overview
6.3.2 Financial Management Market Forecasts and Analysis
6.4 Order Management
6.4.1 Overview
6.4.2 Order Management Market Forecasts and Analysis
6.5 Business Intelligence
6.5.1 Overview
6.5.2 Business Intelligence Market Forecasts and Analysis
6.6 Inventory Management
6.6.1 Overview
6.6.2 Inventory Management Market Forecasts and Analysis
6.7 Contract Management
6.7.1 Overview
6.7.2 Contract Management Market Forecasts and Analysis
6.8 Dispute Management
6.8.1 Overview
6.8.2 Dispute Management Market Forecasts and Analysis
6.9 Others
6.9.1 Overview
6.9.2 Others Market Forecasts and Analysis
7. Australia Telecom Expense Management Market revenue and forecasts to 2027 – business model
7.1 Overview
7.2 Australia Telecom Expense Management Market Breakdown, By business model, 2017 & 2027
7.3 Hosted
7.3.1 Overview
7.3.2 Hosted Market Forecasts and Analysis
7.4 Licensed Software
7.4.1 Overview
7.4.2 Licensed Software Market Forecasts and Analysis
7.5 managed services
7.5.1 Overview
7.5.2 Managed Services Market Forecasts and Analysis
7.6 outsourcing
7.6.1 Overview
7.6.2 Outsourcing Market Forecasts and Analysis
8. Australia Telecom Expense Management Market revenue and forecasts to 2027 – end-user
8.1 Overview
8.2 Australia Telecom Expense Management Market Breakdown, By end-user, 2017 & 2027
8.3 small & medium enterprise
8.3.1 Overview
8.3.2 Small & Medium Enterprise Market Forecasts and Analysis
8.4 large enterprise
8.4.1 Overview
8.4.2 Large Enterprise Market Forecasts and Analysis
9. Industry Landscape
9.1 market player positioning
10. COMPANY PROFILES
10.1 accenture plc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Avotus Corporation
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Solutions and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Calero Software, LLC
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 CGI Inc.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 cimpl Inc.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Emersion Software Systems Pty Ltd
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Tangoe, Inc.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Telstra Corporation Limited
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Valicom
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 VOICEPLUS PTY LTD
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
LIST OF TABLES
TABLE 1. Global Australia Telecom Expense Management Market REVENUE AND FORECASTS TO 2027 (US$ Mn)
TABLE 2. Glossary of Term: australia telecom expense management Market
LIST OF FIGURES
FIGURE 1. market ATTRACTIVENESS of the australian tem market by business model
FIGURE 2. market sahre composition of end-user, 2017 & 2027 (revenue)
FIGURE 3. australia telecom expense management market segmentation
FIGURE 4. australia telecom expense management market segmentation - geographic
FIGURE 5. australia – pest analysis
FIGURE 6. national wholesale mraket share for nbn broadband service, 2017 & 2018 (%)
FIGURE 7. Australia Telecom Expense Management Market Impact Analysis of Driver and Restraints
FIGURE 8. Australia Telecom Expense Management Market Forecast and Analysis (US$ mn)
FIGURE 9. Australia Telecom Expense Management Market Breakdown, By solutions, 2017 & 2027 (%)
FIGURE 10. financial management Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 11. Order Management Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 12. Business Intelligence Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 13. Inventory Management Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 14. Contract Management Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 15. Dispute Management Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 16. Others Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 17. Australia Telecom Expense Management Market Breakdown, By business model, 2017 & 2027 (%)
FIGURE 18. Hosted Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 19. Licensed Software Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 20. managed services Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 21. outsourcing Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 22. Australia Telecom Expense Management Market Breakdown, By end-user, 2017 & 2027 (%)
FIGURE 23. small & medium enterprise Market REVENUE AND FORECASTS TO 2027 (US$ MN)
FIGURE 24. large enterprise Market REVENUE AND FORECASTS TO 2027 (US$ MN)
The List of Companies
- 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
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Australia telecom expense management market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Australia telecom expense management market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution