Convergent Billing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1104 | Report Format : | Status : Upcoming |

Abstract

Global Convergent Billing Market: Overview

Rapidly growing telecommunication sector, increasing customer base, and deployment of innovative services have created a pressure on existing network charging systems. However, only simple communication platform is not enough in order to stand in the today’s era. The communication service providers (CSPs) need to implement convergent billing solutions in order to enhance overall profit and efficiency. A real-time integrated service that offers combined bill for all service users is known as convergent billing solution. CSPs break all the barriers of the billing systems and vertical charging and offer quick services and decision making. It provides flawless transfer of data to the user and other devices by spectrum and it extends its service processes to its end users. With the implementation of the convergent billing, service providers can customize their services, which suits to customer needs.

Global Convergent Billing Market: Growth Factors

Rapidly increasing telecommunication sector across the world is the major driving factor on the global convergent billing market. It offers a single application with multiple domains, which is one of the major driving factors of the global market. The emergence of wireless subscription market and the introduction of smart devices is another factor that is anticipated to contribute to the market growth in the near future. It's set up centralized interaction enables communication among end users is the factor, which is expected to propel the global market growth. Increased competition and proliferations of the next-generation converged digital services among major players in the market may fuel the global convergent billing market growth. Rising expectations of end-users in terms of service and support is anticipated to fuel global market in the future. The key aspect of convergent billing is its capability to combine diverse production together in order to form hybrid services to offer to the customer. This is highly preferred due to operator’s ability to quickly offer services and reduced implementation cost. This is anticipated to foster the global convergent billing market growth in the near future.

Global Convergent Billing Market: Segmentation

The global convergent billing market is classified based on solutions, deployment types, and services. The solution segment comprises customer relationship management, mediation, settlement and payment management, and voucher management. The customer relationship management is further sub-segmented as charging and billing management. The deployment type includes on-premise and hosted. The service segment is classified as customization services, consulting services, and managed services.

Global Convergent Billing Market: Regional Analysis

The global convergent billing market is categorized based on geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is the dominating region in the global market owing to the adoption of business strategies such as merger, acquisition, product launch, collaboration, and partnership.

Global Convergent Billing Market: Competitive Players

Key players in the global convergent billing market are EI Technologies Co., Ltd., Elitecore Technologies Pvt. Ltd., IBM Corporation, Amdocs, Inc., and CSG International. Others players influencing the global market are Alcatel-Lucent S.A., Orga Systems, GmbH, Redknee, Inc., SAP S.E., and Comverse Inc.

Global Convergent Billing Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Real Time Location System Market, By Component (Hardware, Software, and Service), By Technology (Radio Frequency Identification [Active RFID and Passive RFID], Wi-Fi, Ultra-Wide Band, Ultrasound, Infrared, Bluetooth Low Energy, GPS, WhereNet, and ZigBee), By Vertical (Transportation & Logistics, Healthcare, Government, Retail, Industrial, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 Report Brief

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2796 | Report Format:

Report Brief The report covers forecast and analysis for the real time location system (RTLS) market on a global and regional level The report also provides historical data of past two years of the market for better understanding the dynamics and trends prevalent in the market The report inclu...Read More

Cloud Storage Gateway (CSG) Market by Type (Virtual Cloud Storage Appliances and Physical Cloud Storage Appliances), by Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud) for Manufacturing, Healthcare & Life Sciences, Media and Entertainment, BFSI, Retail, Research and Education, and Others by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast 2017-2023

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2795 | Report Format:

The report covers forecast and analysis for the Cloud Storage Gateway (CSG) market on a global and regional level. The study provides historic data of 2015 -2017 along with a forecast from 2018 to 2023 based on revenue (USD Million). The study includes drivers and restraints for the Cloud Storage ...Read More

Facilities Management Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2794 | Report Format:

Global Facilities Management Market: Overview Facilities management market aims to attain efficient and effective delivery of a variety of support facilities for various firms. It mainly coordinates among the demand and supply services between private and public companies. The current cutthroat ...Read More

Online On-demand Laundry Service Market by Type (Laundry, Dry clean, and Duvet clean); by Application (Residential and Commercial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016– 2024

Apr-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2789 | Report Format:

Report Brief The report covers the forecast and analysis for the online on-demand laundry service market on the global and regional level. The report includes the positive and the negative factors that are influencing the growth of the market. Market opportunities are discussed in detail in th...Read More

DNS Service Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2787 | Report Format:

Global DNS Service Market: Overview The DNS stands for domain name system; it is a way in which the domain names of the internet are sited and are converted into internet protocol addresses. It links different information with domain given names assigned to each one of the joining units. Most si...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry