Key Factor Supporting Revenue Assurance Market Development in 2025: The Rise Of Cloud Computing Fuels Revenue Assurance Market Growth

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Revenue Assurance Market Size By 2025?
In recent times, the market size for revenue assurance has witnessed swift growth. It is projected to increase from $4.9 billion in 2024 to $5.47 billion in 2025, registering a compound annual growth rate (CAGR) of 11.7%. The historically observed growth can be credited to factors such as regulatory compliance demands, increased transaction data creation, the rise of subscription-based businesses, accelerated data utilization, and the advent of digital services.

How Big Is the Revenue Assurance Market Size Expected to Grow by 2029?
The market size for revenue assurance is projected to experience substantial growth in the upcoming years, with a forecasted worth of $8.38 billion in the year 2029, growing at an annual compound rate (CAGR) of 11.3%. This surge in the projected timeframe is credited to the implementation and monetization of 5G technology, the rise in digital transformation, the expanding demand for solutions based on cloud technology, the escalating utilization of data analytics and artificial intelligence, and the increased induction of revenue assurance within the telecommunications sector. Noteworthy trends for the forecasted timeframe include a shift towards real-time assurance, innovative product releases, strategic alliances and cooperative efforts, the integration of automation and artificial intelligence, and the combination with fraudulent activity management.

View the full report here:
https://www.thebusinessresearchcompany.com/report/revenue-assurance-global-market-report

Which Key Market Drivers Powering Revenue Assurance Market Expansion and Growth?
The revenue assurance market is anticipated to expand due to the rising uptake of cloud computing. Essentially, cloud computing aims at offering internet-based computing services that range from processing, storage to software, with the primary payment mechanism being the pay-per-use model. The scalability, cost effectiveness, flexibility, and superior collaboration capacity of cloud computing have largely contributed to its increasing adoption. In terms of revenue assurance, cloud computing offers practical solutions through its scalable and cost-friendly infrastructure for real-time data processing and analytics. This system thereby aids in competent revenue supervision and fraud identification. As an example, in December 2023, Eurostat, an Intergovernmental agency based in Luxembourg, revealed that 45.2% of enterprises within the European Union had utilized cloud computing services mainly for hosting email systems, storage of electronic files and for performing various tasks. In comparison to 2021, there was a 4% rise in the purchase of cloud computing services amongst EU enterprises in 2023. As such, it's evident that the continuous increase in cloud computing adoption is largely fueling the growth of the revenue assurance market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15918&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Revenue Assurance Market?
Key players in the revenue assurance market are forming strategic partnerships to improve their technology, broaden their marketplace and provide all-encompassing solutions relevant to changing customer requirements. Strategic partnerships are defined as the method by which companies utilise each other's resources and strong points to attain mutual triumph and advantages. For example, Grameenphone, a telecommunications firm based in Bangladesh, entered a partnership with Mobileum, a telecommunications analytics firm in the US, in August 2024. The partnership is geared towards enhancing an advanced revenue assurance and fraud management (RAFM) solution, utilising Mobileum's Active Intelligence Platform (AIP). This partnership bolsters Grameenphone's approach to transform their risk management, aligning with its objective to be a telco-tech suitable for the future. With the aid of AI, machine learning, and high-level analytics, the collaboration is aimed at aiding Grameenphone in reducing revenue loss, fortifying fraud detection, and providing a safer and more productive service to its clients.

What Are the Emerging Segments in the Revenue Assurance Market?
The revenue assurance market covered in this report is segmented -

1) By Component: Software, Services, Planning And Consulting, Implementation And Customization, Support And Maintenance, Managed Services
2) By Deployment Mode: Cloud, On-Premises
3) By Organization Size: Large Organizations, Small And Medium-Sized Enterprises (SMEs)
4) By End User: Banking, Financial Services And Insurance (BFSI), Telecommunication, Healthcare, Retail, Energy And Utilities, Other End Users

Subsegments:
1) By Software: Revenue Assurance Software, Fraud Management Software, Billing And Charging Software
2) By Services: Planning And Consulting, Implementation and Customization, Support And Maintenance, Managed Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15918&type=smp

Who Are the Global Leaders in the Revenue Assurance Market?
Major companies operating in the revenue assurance market are accenture* plc, Deloitte Touche Tohmatsu Limited, Hewlett Packard Enterprise Company, Telefonaktiebolaget LM Ericsson, Nokia Corporation, Tata Consultancy Services Limited, Tech Mahindra Limited, Amdocs Limited, TransUnion LLC, Itron Inc., Sandvine Corporation, Mobileum Inc., TEOCO Corporation, eClerx Services Limited, Hansen Technologies, DigitalRoute AB, Cerillion Technologies Limited, Subex Limited, WeDo Technologies S.A., Sagacity Solutions Inc

Which are the Top Profitable Regional Markets for the Revenue Assurance Industry?
North America was the largest region in the revenue assurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the revenue assurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15918

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.