Advanced Telecom Billing and Revenue Management Market Value, Technological Innovation, Industry Trends and Forecast 2015 – 2023

“Telecom Billing and Revenue Management Market”
Telecom Billing and Revenue Management Market Sales (volume), Revenue (value), Market Share and Growth Rate 2015 – 2023

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.

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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.

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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
  • Europe
  • 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.

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  • 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
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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.

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