Press release
Africa Revenue Assurance Market Analysis by Top Key Players Ericsson, Hewlett Packard, IBM and others
Africa Revenue Assurance Market OverviewRiding on the back of technology, businesses are expanding beyond boundaries. With rapid digitization, a spiked revenue is being tallied by service sectors in today’s time; especially telecom. The competitive business environment across the globe needs to diversify the revenue into several lines of businesses (LOBs) that raise the complexity and further leads to revenue leakage.
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The revenue assurance services are taking care of revenue leakage and fraud leakage in order to optimize the revenue realized from business and further helps to disseminate on various levels.
Further, the fluctuations in consumers demand, paradigm shift in operational activities and corporate acquisitions lead to complexity in business to operate revenue and increase profitability. In order to maintain and increase the profitability with minimum loss from revenue leakage, the companies opt the efficient management revenue solutions and tools.
The revenue assurance service/solution providers offer various services such as planning and consulting to prevent revenue losses by finding and correcting the stream of revenue of the business.
Market Segmentation
The revenue assurance market of Africa is segmented on the basis of:
Analysis By Services Type
Managed Services
System Integration
Operations and Maintenance
Planning and Consulting
Analysis By Deployment Type
Cloud-based
On-premises
Analysis By Industry type
Banking, Financial Services and Insurance(BFSI)
Telecom
Healthcare
Logistics
Retail
Energy and Utilities
By End-user
Small Enterprise
Medium Enterprise
Large Enterprise
By Region
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
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Growth Drivers and challenges
Factors like, acquisitions, corporate mergers that increase complexity in the business and revenue leakages affecting the profitability of business are projected to escalate the demand for revenue assurance in the region. Further, companies opting preventive management systems to find and correct the revenue leakages would help the revenue assurance to see new great s.
In addition to that, efficient and qualitative revenue assurance services offered by domestic & international players are expected to drive the revenue assurance market in Africa over the forecast period i.e. 2015-2023
Meanwhile, lack of expertise and skilled workforce in the market is expected to dampen the revenue assurance market during the forecast period 2015-2023.
Economic slowdown and currency fluctuations are yet another reasons expected to impact moderately on the growth of revenue assurance market in the region.
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Market size and forecast
The revenue assurance market of Africa is expected to show a lucrative growth as multinational and national players are expanding their business towards the horizon of Africa.
Africa, as an emerging region across the globe and presence of developing countries and burgeoned demand for better services and facilities from the consumers end are projected to open new avenues for the revenue assurance service providers in the region.
The loss of revenue in telecom sector of Africa is directly affecting the business of many telecom players in the region by decreasing the profitability. The business players are implementing the revenue assurance services and solutions in order to provide better services and generate feasible revenue.
Key Players
The service providers of revenue assurance market of Africa as follows:
Accenture
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Ericsson
Hewlett Packard
IBM
Nokia Solutions and Networks
Wedo Technologies
Subex
Cvidya
Scope and Context
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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