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Asia Pacific Telecom Billing and Revenue Management Market is anticipated to reach US$ 23007.6 million and Growing at a CAGR of 18.3% during forecast period 2020-2027 | Covid-19 Impact on this market
The telecom billing and revenue management market in Asia Pacific is expected to grow from US$ 6350.5 million in 2019 to US$ 23007.6 million by 2027; it is estimated to grow at a CAGR of 18.3% from 2020 to 2027.The Business Market Insights provides you regional research analysis on “Asia Pacific Telecom Billing and Revenue Management Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Asia Pacific Telecom Billing and Revenue Management Market during the forecast period, i.e., 2020–2027.
Telecom billing is a procedure of gathering usage data, aggregating it, applying essential charges, and ultimately generating invoices for the customers. The process also contains receiving and recording payments from customers. The billing systems are generally viewed as accounts receivable, as the system assists in the collection of money from the customers. Billing systems are a part of accounts payable as customers frequently use services from other firms such as long-distance, wireless roaming, and call completion through other networks. Revenue management helps predict the behavior of customers, which further helps improve product accessibility and pricing to generate maximum possible revenue. In the last few decades, global telecom operators and Communication Service Providers (CSP’s) have experienced a significant change in numbers of end-users and their demands. Value-added and data services have emerged as a prime revenue sources compared to voice communication revenues; thus, highly growing demographics in different regions and their dynamic demands for respective services have boosted the growth of telecom sector and need for lowering the administrative costs with optimized operational expenses (OPEX).
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Asia Pacific Telecom Billing and Revenue Management Market. The researcher provides an extensive analysis of the Asia Pacific Telecom Billing and Revenue Management Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Asia Pacific Telecom Billing and Revenue Management Market Segmentation
By Component
• Solution
o Billing Management
o Account Management
o Others
• Services
o Professional Services
o Managed services
By Type
• Telecom Billing
• Cloud Billing
• IoT Billing
By Deployment Type
• On-Premise
• Cloud-Based
• Hybrid
By Country
• Japan
• China
• India
• Australia
• Rest of APAC
Company Profiles
• Nokia Corporation
• Amdocs, Inc.
• Cerillion PLC
• Comarch SA
• CSG Systems International, Inc.
• Fiserv, Inc.
• Ericsson
• Hewlett Packard Enterprise Development LP (HPE)
• Huawei Technologies Co., Ltd.
• Mphasis
• NEC Corporation
• Oracle Corporation
• Optiva Inc.
• Mavenir Systems
• SAP SE
• Tata Consultancy Services Limited (TCS)
• AGILITY CIS
• Comviva
• Enghouse Networks
• PANAMAX INC
• STL.TECH
• Vcare Corporation
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Asia Pacific Telecom Billing and Revenue Management Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Asia Pacific Telecom Billing and Revenue Management Market segments and regions.
Order a Copy of this Asia Pacific Telecom Billing and Revenue Management Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00013337/?utm_source=OpenPR&utm_medium=10402
The research on the Asia Pacific Telecom Billing and Revenue Management Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Asia Pacific Telecom Billing and Revenue Management Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Asia Pacific Telecom Billing and Revenue Management Market.
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