Telecom Billing and Revenue Management Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
- Transparency Market Research
The numbers of subscribers for the telecom services are increasing rapidly across the globe. Thus, problems such as fallout of services, and network congestion are increasing and resulting into a structural evolution in demand for the development of effective billing and revenue management solutions. These telecom billing and revenue management solutions are used by Communication Services Providers (CSPs) for increasing their revenue by optimizing telecom networks. These solutions also enable the telecom service providers in fraud detection and fraud management resulting into decreased operational costs in longer run. Moreover, these solutions helps telecom service providers in launching new services in the market along with improving customer experience with real time account recharging services. Providing billing and revenue management solutions using cloud Software-as-a Service (SaaS) is new trend being observed in this market.
Every day new services are added into the offerings by the telecom service providers generating demand for efficient and effective billing and revenue management solutions. In addition, regions such as MEA and Latin America are emerging in terms of telecom infrastructure, resulting in increasing number of subscriber in these regions. These factors are driving the demand for telecom billing and revenue management software and services. Furthermore, with the increase in networks, services and solutions, telecom operators incur high operational costs. Thus, increasing operating costs are generating demand for advanced telecom billing and revenue management solutions. However, factors such as difference in telecom regulations across the world which lead to interoperability issues and legacy systems are hindering the growth of telecom billing and revenue management market. Legacy systems are present in large extent in telecom industry; replacing these legacy systems with advanced systems has been challenging, as the costs incurred are high. Legacy systems have integration issues with them restraining the use of new telecom billing revenue management solutions. The increasing demand for value added services provides significant growth opportunity for the players in this market. However, subscriber saturation is one of the major challenges faced by the telecom players in developed countries across the world.
Global telecom billing and revenue management market is segmented on the basis of software type, service type, deployment type and geography. The market for telecom billing and revenue management includes various types of software used for various purposes. Thus, on the basis of software type this market is segmented into mediation software, revenue assurance software, billing and charging software, fraud management software, and partner and interconnects management software. Telecom industry caters to numerous other industries and includes various services required for proper operations of the telecom billing and revenue management. The market for telecom billing and revenue management is segmented on the basis of service into managed services, planning and consulting services, system integration services, and operations and maintenance services. On-premise deployment and cloud based deployment are the two types of deployment used in telecom billing and revenue management industry.
Some of the key players in telecom billing and revenue management market include Accenture plc, L. M. Ericsson, Huawei Technologies Co. Ltd., NEC Corporation, Oracle Corporation, Alcatel-Lucent S.A., Amdocs Inc., Hewlett-Packard (HP) Company Comverse, Inc., and SAP AG.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from ICT
TechnologyHigh-Performance Computing-Thematic Research