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Telecom Cloud Billing Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

11-02-2021 08:52 AM CET | Media & Telecommunications

Press release from: Orion Market Research

The Global Telecom Cloud Billing Market is expected to grow at a significant CAGR during the forecast period. Telecom billing systems include a wide range of tasks, including creating bills, tracking data, voice use, aggregating, levying charges according on tariffs and allowing CRM (customer relationship management), using a variety of cloud-based solutions on public clouds, private, and hybrid. Telecom operators' various services, such as data, voice, IPTV, post-paid, VOIP, and prepaid services with various payment methods, all need to be delivered on a single system, resulting in increased use of cloud-based billing, which propels the market's growth.
Furthermore, the telecom cloud billing industry is benefiting from fast economic expansion, increased smartphone penetration, and rapid internet usage among individual consumers.
A full report of Telecom Cloud Billing Market is available at: https://www.omrglobal.com/industry-reports/telecom-cloud-billing-market
Lower operational and administrative expenses, rapid subscriber growth, and growing demand for bundled services are some of the reasons propelling the telecom cloud billing industry forward. Strong telecom regulations and the usage of legacy systems, on the other hand, may hinder the telecom cloud billing market's growth.
Furthermore, the telecom cloud billing market is anticipated to rise due to advancements and increased use of cloud-based technologies, rising mobile penetration, and the demand for real-time billing. The rise in the transparency of the main cloud providers is expected to boost the growth of the telecom cloud billing market. Furthermore, the rising number of revenue leakages across sectors is driving the telecom cloud billing market globally.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/telecom-cloud-billing-market
Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By Application
o By Cloud Platform
o By End-user
• Competitive Landscape- Oracle, CGI Inc., Telefonaktiebolaget LM Ericsson, Netcracker, Cerillion Technologies Limited, and AsiaInfo Technologies Limited.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Telecom Cloud Billing Market Segmentation

By Type

• Convergent
• Prepaid
• Post-paid
• Interconnect
• Roaming
• Embedded
• Others

By Application

• Revenue Management
• Account Management
• Customer Management
• Traffic Management
• Billing and Provisioning
• Others

By Cloud Platform

• Business Continuity as a Service (BCaaS)
• Software as a Service (SaaS)
• Platform-as-a-Service (PaaS)
• Infrastructure as a service (IaaS)
• Others

By End User

• Transportation
• Government
• Media and Entertainment
• Healthcare
• BFSI
• Retail
• Others

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/telecom-cloud-billing-market

Telecom Cloud Billing Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Oracle
• CGI Inc.
• Telefonaktiebolaget LM Ericsson
• Netcracker
• Cerillion Technologies Limited
• AsiaInfo Technologies Limited

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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