Telecom Billing and Revenue Management Market Analysis By Size, Application, Regional Outlook, Competitive Strategies and Forecasts, 2019 To 2027

The Global Telecom Billing and Revenue Management market accounted for US$ 9.2 Billion in 2015 and is expected to grow at a CAGR of 10.7% during the forecast period 2016 - 2025, to account for US$ 25.2 Billion in 2025.

The key factors driving the Telecom Billing and Revenue Management market are improving needs for innovative billing and revenue management solutions and services, high growth of telecom industry in the last decade and increasing data consumption trend, and increasing mobile penetration in emerging market are positively impacting Telecom Billing and Revenue Management market. The global telecom billing and revenue management market is quite fragmented with a number of players dominating across their respective regions, globally. Market players are seeking to gain market share through solution differentiation. In addition, key players in this market are constantly innovating and rolling out new solutions and services to strengthen its market presence for further gain profits.

Telecom Billing and Revenue Management Market Insights

Increasing needs for innovative billing and revenue management solutions and services are driving the telecom billing and revenue management 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 push the innovation envelope and 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 further monetize the data and service usage, providing the company with improved real-time data analytical capabilities and efficiency to channelize their revenue streams by further providing customized solutions. It also helps CSP’s to efficiently manage the growing subscriber’s billing and charging processes through an effective single platform. 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. Hence the improving needs for innovative billing and revenue management solutions and services are driving the global telecom billing and revenue management market.

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The high growth of the telecom industry in the last decade and increasing data consumption trend are positively impacting telecom billing and revenue management market
Currently, the telecom industry is highly competitive in nature and has experienced massive growth in the last decade. This industry has experienced paradigm shifts from wireline communications systems and equipment to wireless equipment. In addition, the improving need for uninterrupted connectivity across the globe acts as a key driver for the growth in the telecom industry. Inception of various new technologies and trends like Internet of Things (IoT), Machine to Machine (M2M) communication, Software Defined networking (SDN), Network Functions Virtualization (NFV) and increase in the usage of social media for information exchange and interaction has massively impacted the way telecom companies operate and provide solutions and services. The high growth in numbers of global internet users along with the growth of telecom industry in the last decade has positively impacted the growth of telecom billing and revenue management market and is expected to further have a positive impact on the market.

Telecom Billing and Revenue Management Market Strategic Insights
The product launch was observed as the most adopted strategy in Global Telecom Billing and Revenue Management Market. Few of the recent strategies by some of the players in Telecom Billing and Revenue Management Market landscape are listed below-

2016: Accenture launched digital network deployment services, service experience engineering and management services, field installation and repair services transformation and next-generation enterprise services, which are expected to help CSP’s to foster digital network transformation.

2015: Amdocs entered into a new agreement with Bell Canada for another five years. This agreement is expected to accelerate business value by optimizing business processes. The association of Amdocs with Bell Canada has been longstanding and well managed.

GLOBAL TELECOM BILLING AND REVENUE MANAGEMENT MARKET SEGMENTATION

By Solution

Billing and Charging Software
Mediation Software
Fraud Management Software
Revenue Assurance Software
Partner and Interconnects Management Software

By Services

Consulting Services
Managed Services
Operations Services
System Integration Services

By Deployment

On-Premise Deployment
Cloud-based Deployment
Hybrid Deployment

By Geography

North America
U.S.
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Rest of Europe
Asia Pacific (APAC)
Australia
China
India
Japan
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America (SAM)
Brazil
Rest of SAM

Company Profiles

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
Oracle Corporation
Redknee, Inc.
SAP SE
XURA

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