Press release
Telecom Billing and Revenue Management Market Growth, In-depth Analysis Research Report 2019 To 2025| Company Profiles Accenture, Alcatel-Lucent, Amdocs, CERILLION, CSG Systems International, Ericsson, go Transverse International
Telecom operators and CSP’s deploy billing and revenue management solutions to achieve end-to-end telecom billing capability. It helps CSP’s and telecom operators to attend efficient charging and control and helps them to achieve improved capabilities to handle single and multi-pay transactions. The billing and revenue management solutions also provides end-users ability to effectively monitor, monetize and manage its services. Additionally, the efficient and advanced billing and charging software provides telecom operators and CSP’s higher flexibility, scalability and ability to dynamically manage its applications, network resources and customer experiences.The global telecom billing and revenue management market was valued at US $9.27 billion in 2015. The market of telecom billing and revenue management is expected to grow at a CAGR of 10.7% between 2016 and 2025, to reach US $25.27 Billion in 2025.
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Developing a digital ecosystem of highly connected devices, applications and components is providing ample opportunity for telecom companies. Companies are expected to positively experience growth by this innovative digital ecosystems if company will start focusing on right partnership and collaboration with various other ecosystem players for developing highly reliable and dependent platforms and solutions. In the coming year’s success will only come through cross sector participation, collaborative business innovation and adoptability.
The major companies operating in the telecom billing and revenue management market include Accenture PLC (US), Alcatel-Lucent S.A. (France), Amdocs, Inc. (US), CERILLION PLC (UK), CSG Systems International, Inc. (US), Ericsson (Sweden), go Transverse International, Inc. (US), Hewlett-Packard Development Company, L.P (US), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Oracle Corporation (US), Redknee, Inc. (Canada), SAP SE (Germany), XURA (US).
Key Benefits-
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Telecom Billing and Revenue Management Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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The billing and charging software segment had the largest share of the global telecom billing and revenue management market by solution types in 2015, whereas the revenue assurance software segment is expected to grow at the highest CAGR of 12.2% between 2016 and 2025.In the deployment model segments on-premise deployment holds the major share of the telecom billing and revenue management market in 2015, whereas the cloud based deployment segment is anticipated to grow at the highest CAGR between 2016 and 2025.
Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Telecom Billing and Revenue Management market?
• What are the key market trends impacting the growth of the Telecom Billing and Revenue Management market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global Telecom Billing and Revenue Management market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the Telecom Billing and Revenue Management market?
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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