Saudi Arabia Telecom Expense Management Market Size & Outlook
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Saudi Arabia telecom expense management market highlights
- The Saudi Arabia telecom expense management market generated a revenue of USD 68.8 million in 2022 and is expected to reach USD 140.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.3% from 2023 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2022.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Telecom expense management market data book summary
| Market revenue in 2022 | USD 68.8 million |
| Market revenue in 2030 | USD 140.3 million |
| Growth rate | 9.3% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | Accenture PLC Class A, CGI Inc Class A, NTT Data Group Corp, Vodafone Group PLC, Brightfin, Calero, Sakon, Tangoe, Valicom |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 2.2% of the global telecom expense management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE telecom expense management market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 171.0 million by 2030.
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Telecom Expense Management Market Scope
Telecom Expense Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Valicom | View profile | 11-50 | Madison, Wisconsin, United States, North America | https://www.valicomcorp.com/ |
| Tangoe | View profile | 1001-5000 | Orange, Connecticut, United States, North America | http://www.tangoe.com |
| Sakon | View profile | 501-1000 | Concord, Massachusetts, United States, North America | https://www.sakon.com/ |
| Calero | View profile | 501-1000 | Rochester, New York, United States, North America | https://www.calero.com/ |
| Brightfin | View profile | 251-500 | Centennial, Colorado, United States, North America | https://www.brightfin.com |
| CGI Inc Class A | View profile | 91500 | 1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, Canada, H3G 1T4 | https://www.cgi.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
Saudi Arabia telecom expense management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telecom expense management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 77.33% in 2022. Horizon Databook has segmented the Saudi Arabia telecom expense management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia telecom expense management market databook
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Our clientele includes a mix of telecom expense management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia telecom expense management market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia telecom expense management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia telecom expense management market size, by service, 2018-2030 (US$M)
Saudi Arabia Telecom Expense Management Market Outlook Share, 2022 & 2030 (US$M)
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