Press release
Telecom Billing Outsourcing Market – Big Changes to Have Big Impact | Amdocs, IBM, SAP
Global Telecom Billing Outsourcing Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions.Major Players in This Report Include,
Alcatel-Lucent (France), Amdocs (United States), Convergys (United States), Ericsson (Sweden), Fujitsu (Japan), IBM (United States), TCS (India), WNS (India), SAP (Germany) and HPE (United States)
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The telecommunications industry is one of the high growth industries, as this industry is seeing continuous technology development with the advent of the smartphone, faster connectivity, and solutions. For this growing demand, the telecom companies require to update their services over time. For this business process outsourcing is coming in the market trend as a strategic way for telecom companies to enhance their businesses. Telecommunication billing outsourcing has raised its demand with the last step of updates on networks and services. According to our study, the global telecom outsourcing market is expected to ~4.5% CAGR by 2023. In this outsourcing service, the companies are offering end-to-end billing systems for any type of communications service provider. Billing facilitates advanced convergence in multiple dimensions, supporting all telecommunications technologies and all standards considering the latest TAP/RAP, IMS specifications and along with that it is also prepared for the 5G and IoT.
Market Drivers
• Rapid Growth in Mobile Subscribers
• Rising Demand for High-Quality Services
Market Trend
• High Adoption for the Convergent Billing Solutions from the Telecom Service Providers, along with that it also Provides the Centralized Customer Care and Supports for the Telecom Subscribers
Restraints
• Rising Availability of Open-Source Telecom Billing Solutions
Opportunities
• The appearance of Cloud-Based Billing Services and the Development of Next-Generation Technologies Will Provide Strong Growth in the Future for the Telecom Services
• The rise in Operating Costs are Driving to the Growing Demand of Telecomm Billing and Revenue Management
Challenges
• Rigid Rivalry Among the Leading Players
• Interoperability Matters are Hampering the Growth of the Market
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In this research study, the prime factors that are impelling the growth of the Global Telecom Billing Outsourcing market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Telecom Billing Outsourcing market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The Global Telecom Billing Outsourcing is segmented by Application (Revenue Management, Account Management, Customer Management, Traffic Management, Billing and Provisioning, Others), Billing (Convergent, Prepaid, Postpaid, Interconnect, Roaming, Embedded, Others), Organizations Size (Small and Medium Organizations, Large Size Organizations), Telecom Operator (Mobile Operators {Mobile Network Operator, Mobile Virtual Network Operator, and Mobile Virtual Network Enabler}, Internet Service Providers, Satellite Communication Providers, Cable Network Providers), Offerings (Solutions, Services)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Telecom Billing Outsourcing market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Telecom Billing Outsourcing Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.
Key Market Features in Global Telecom Billing Outsourcing Market
The report highlights Telecom Billing Outsourcing market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Telecom Billing Outsourcing, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.
Extracts from Table of Contents
Global Telecom Billing Outsourcing Market Research Report
Chapter 1 Global Telecom Billing Outsourcing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued
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This report also analyzes the regulatory framework of the Global Markets Telecom Billing Outsourcing Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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