According to new research study on Telecom Billing and Revenue Management Market research report provides size, share, trends, analysis report contains all study material about market industry overview, growth, demand and forecast research in all over the world. The report also analyses the competitive structure of the Telecom Billing and Revenue Management and provides the profiles of major players operating in the market. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry.

The telecom billing and revenue management market expected to grow from US$ 20,362.5 million in 2020 to US$ 59,075.4 million by 2027; it is estimated to grow at a CAGR of 16.4% from 2020 to 2027.

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Improving needs for innovative billing and revenue management solutions and services is attributing to the growth of the market. The constant urge and requirement for providing rich communication services and improved high-quality customer experiences is cajoling telecom billing and revenue management solution and services providers to further develop such solutions and services, which are compatible and at-par for full filling the dynamic requirement and demand of end-users with improved scalability, flexibility, and functionality. Efficient and flexible billing and revenue management solutions help the CSP’s to monetize the data and service usage further, providing company with improved real-time data analytical capabilities and efficiency to channelize their revenue streams by further providing customized solutions. It also helps CSPs to efficiently manage the growing subscriber’s billing and charging processes through an effective single platform.

Key Players Covered In This Report:

·         Accenture PLC

·         Alcatel-Lucent S.A.

·         Amdocs, Inc.

·         Cerillion PLC

·         CSG Systems International, Inc.

·         Ericsson

·         goTransverse International, Inc.

·         Hewlett-Packard Development Company L.P.

·         Huawei Technologies Co., Ltd.

·         NEC Corporation

Further, it helps companies and provides them the confidence to roll out new customized offers, revenue-generating services, and charging policies in a short period with improved efficiency, and also to monetize their infrastructural investments while enhancing customer and revenue management. CSP’s are continually upgrading their legacy systems by adding platforms that will help in servicing enhanced subscriber base and migrating towards cloud-based solutions and services such as SaaS, which will help them to lower down the CAPEX while optimizing OPEX. Additionally, increasing spending trends and requirements on solutions such as BSS/OSS is also accelerating the growth of competitive global telecom billing and revenue management market

The research provides answers to the following key questions:

·         What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?

·         What are the key driving forces responsible for shaping the fate of the Telecom Billing and Revenue Management market during the forecast period?

·         Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Telecom Billing and Revenue Management market?

·         What are the prominent market trends influencing the development of the Telecom Billing and Revenue Management market across different regions?

·         What are the major threats and challenges likely to act as a barrier in the growth of the Telecom Billing and Revenue Management market?

·         What are the major opportunities the market leaders can rely on to gain success and profitability?

MARKET SEGMENTATION

Telecom Billing and Revenue Management Market – by Component

Solution

·         Billing Management

·         Account Management

·         Others

Services

·         Professional Services

·         Managed services

Telecom Billing and Revenue Management Market – by Type

·         Telecom Billing

·         Cloud Billing

·         IoT Billing

Telecom Billing and Revenue Management Market – by Deployment Type   

·         On-Premises

·         Cloud-Based

·         Hybrid.

The report covers the main drivers in the industry. In addition to the competitive planning in this area, it also provides an in-depth analysis of key growth trends and market prospects in the years to come. The research report also provides a clearer understanding of market trends for all manufacturers and investors.

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