Press release
Convergent Billing Market to reach USD 58.50 Bn by 2029, emerging at a CAGR of 22.2 percent and forecast 2023-2029
Convergent Billing Market
The comprehensive Convergent Billing Market report explores market dynamics, emphasizing the significance of convergent billing in the telecom sector, the impact of cloud computing adoption, benefits associated with convergent billing, market restraints, and detailed segment analysis. The report covers solutions, deployment methods, and services, providing valuable insights into the market landscape.
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Convergent Billing Market Research Methodology
The report employs a robust research methodology, incorporating quantitative analysis, PORTER's five forces analysis, and a bottom-up approach to estimate global market size. Primary and secondary data collection methods were employed, including interviews with industry stakeholders, manufacturers, end-users, and consultants. The report presents strategic profiling of key players, analyzing their core competencies, growth strategies, agreements, joint ventures, partnerships, and acquisitions.
What are Convergent Billing Market Dynamics:
The market is driven by the increasing importance of convergent billing in the rapidly evolving telecom sector. Telecom operators are adopting convergent billing to capture revenue, reduce costs, and address new requirements. The rise of digitalization, IoT-based services, and the global adoption of 5G technology are contributing to the market's growth.
Convergent Billing Market Regional Insights:
North America is expected to dominate the Convergent Billing market, fueled by a rising need for connected devices, digitization of organizations, and adoption of cloud technologies. The Asia Pacific region is projected to experience faster growth, driven by increasing acceptance of Convergent Billing Systems, particularly in the Chinese telecom industry
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What is Convergent Billing Market Segmentation:
by Solutions
• Customer Relationship Management (CRM)
• Settlement and Payment Management
• Voucher Management
• Mediation
by Deployment
• Cloud
• On-Premise
by Services
• Managed Service
• Consulting Service
• Training & Certification
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Who are Convergent Billing Market Key Players:
• Alcatel-Lucent SA (France)
• Amdrecor, Inc. (US)
• CSG Systems International, Inc. (US)
• IBM Corporation (US)
• Amdocs, Inc.(US)
• Comverse, Inc.(US)
• Huawei Technologies Co., Ltd. (China)
• Optiva, Inc.(Canada)
• Redknee, Inc.(Canada)
• SAP SE (Germany)
• Orga Systems Gmbh (Germany)
• Sterlite Technologies Limited (India)
• Elitecore Technologies Pvt. Ltd.(India)
• Others
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The table of content for the Convergent Billing Market includes:
Global Convergent Billing Market: Research Methodology
Global Convergent Billing Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Convergent Billing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by Region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size, and Forecast by Different Segments | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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