Telecom Billing & Revenue Management Market - Global Industry Analysis

Global Telecom Billing & Revenue Management Market: Overview

Telecom billing and revenue management consists of communication services, whereby managing debt collection becomes easy. It encompasses collection of usage data, aggregating it, and eventually generating different invoices for the end-users as per the service charges. This process ultimately involves receipt of payments from the consumers and maintaining records of the same. Revenue management is a process that helps predict end-user behaviors which further helps to enhance product accessibility and pricing to generate the highest revenue possible.

Report Scope:

Global Telecom Billing & Revenue Management Market: Growth Factors

Some of the prominent growth factors of the global telecom billing and revenue management market are the increasing emphasis on identifying profitability and value that a consumer adds to the organization, rising preferences for mitigating and detecting areas for cost-cutting with automated payment processing as well as developing a streamlined workflow by the enterprises.

The dramatic transformation of the competitive landscape and the constantly rising number of consumers in the industry owing to the integration of 5G technology by the service providers is ensuring a continual uptick in demand across the global telecom billing and revenue management market through the upcoming years. Additionally, the trend of smart revenue sharing amongst the partners has been enhancing the business relations, reducing the total cost of ownership, and delivering a faster time-to-market ultimately drives to better revenue collection, thus, boosting the global telecom billing and revenue management market.

The fallout of various services owing to the COVID-19 pandemic, alongside the congestion of networks due to the rapidly rising number of subscribers for telecom services has been creating hurdles for the global telecom billing and revenue management market.

Global Telecom Billing & Revenue Management Market: Segmentation

The global telecom billing and revenue management market is bifurcated as per deployment type, billing type, telecom operator, solution, and region. On the basis of deployment type, the global telecom market can be segregated into cloud-based, hybrid, and on-premises. As per billing type, the global market is categorized as cloud billing, telecom billing, and IoT billing.

As per telecom operator, the industry is segmented into mobile operators, satellite communication providers, internet service providers (ISPs), and cable network providers. The mobile operators segment is further divided into mobile network operator (MNO), mobile virtual network enabler (MVNE), and mobile virtual network operator (MVNO).

On the basis of solution, the global telecom billing and revenue management market is segregated into software solutions and services. The software solutions segment is further bifurcated into mediation, fraud management, billing & charging, and revenue assurance. The services segment is classified into such as managed services and professional services.

Global Telecom Billing & Revenue Management Market: Regional Analysis

North America might emerge as the leading region in terms of deployment in the global telecom billing and revenue management market throughout the forecast period. Owing to the implementation of innovative technologies the adoption of different advanced technologies such as 5G, IoT, & cloud analytics, coupled with the increased demand from the telecom sector, a promising revenue generation is certain. The U.S. market dominates in the North America telecom billing and revenue management, fostered by the adoption of latest technologies. Several disruptive startups have been paving the way for further advancement.

China is likely to claim a major portion of the Asia Pacific telecom billing and revenue management market share, although India is expected to offer substantial opportunities as well. The Asia Pacific region is likely to observe considerable market growth in the near future mainly due to the greater demands for revenue management solutions & services and the development of innovative billing solutions. The region includes a well-established telecom sector with powerful penetration of telecom services and solutions, enabling the progression of the global telecom billing and revenue management market.

Global Telecom Billing & Revenue Management Market: Competitive Players

Some of the notable players in the global telecom billing and revenue management market include Intracom Telecom, Accenture pic, Mahindra Comviva, Amdocs Corp., Comarch SA., Cerillion, HP Development Company L.P., Optiva Inc., Openet Corp., Oracle Corp., Sterlite Tech., Subex Ltd., SAP SE, Enghouse Networks, FTS, Bearing Point, Tecnotree, Apttus, Nokia, Nexign, HPE, Zuora, Alcatel-Lucent SA, Redknee Inc., Panamax, Fiserv Inc., Comviva, XURA, Agility CIS, Vcare Corp., stl.tech, Mphasis, and Optiva.

The key companies are concentrating on adoption of organic as well as inorganic growth strategies to establish their market positions in the global telecom billing and revenue management market.

Global Telecom Billing & Revenue Management Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports 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.