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Telecom Billing and Revenue Management Market Growth and its detail analysis by Focusing on Top Key Players like Accenture, Alcatel-Lucent S.A., Amdocs, CERILLION, CSG Systems International

The Global Telecom Billing and Revenue Management market accounted for US$ 9.2 Bn 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 Bn 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.

Key Reasons to Acquisition this Report:

  • To provide detailed information regarding the major factors influencing the growth of the Telecom Billing and Revenue Management Market (drivers, restraints, opportunities, and challenges)
  • To forecast the market size, in terms of value, with regard to 4 main regions – Asia Pacific (APAC), Europe, North America, and Rest of the World (ROW) – along with their respective countries

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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.

Major Key Players: DHL International GmbH, FedEx Corporation, SF Express Co., Ltd., Amazon.com, Inc., United Parcel Service, Inc., Clipper Logistics Plc., CEVA Logistics, C.H. Robinson Worldwide, Inc., Kerry Logistics Network Limited. and Nippon Express Co., Ltd among others.

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..

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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

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