The
“Telecom Billing and Revenue Market to 2025 – Global Analysis and Forecasts by
Solution (Billing and Charging Software, Fraud Management Software, Mediation
Software, Revenue, Partner and Interconnects Management Software, Assurance
Software), Services (Managed Services, Consulting Services, Operations
Services, System Integration Services), and Deployment Types (On-premise
Deployment, Cloud-based Deployment, Hybrid Deployment)” report provides a detailed overview of the
major factors impacting the global market with the market share analysis and
revenues of various sub segments.
The global telecom billing and revenue management market was valued at US $9.27
billion in 2015. The market of telecom billing and revenue management is
expected to grow at a CAGR of 10.7% between 2016 and 2025, to reach US $25.27
Billion in 2025.
The telecom billing and revenue management market is bifurcated on the basis of
solution, services and deployment type, the solution segment is further divided
on the basis of Billing and Charging Software, Mediation Software, Fraud
Management Software, Revenue Assurance Software, Partner and Interconnects
Management Software. Services segment is further divided on the basis of
managed services, consulting services and operations services, and system
integration services. The market is further classified on the basis of
deployment model into cloud-based deployment, on-premise deployment and hybrid
deployment.
The billing and charging software segment had the largest share of the global
telecom billing and revenue management market by solution types in 2015,
whereas the revenue assurance software segment is expected to grow at the
highest CAGR of 12.2% between 2016 and 2025.In the deployment model segments
on-premise deployment holds the major share of the telecom billing and revenue
management market in 2015, whereas the cloud based deployment segment is
anticipated to grow at the highest CAGR between 2016 and 2025.
The geographic classification included in this report are North America (NA),
Asia-Pacific (APAC), Europe (EU), South America (SAM) and Middle East &
Africa (MEA).
China dominate the telecom billing and revenue management market in Asia
Pacific (APAC) in 2015 and is expected to continue its supremacy by growing at
a CAGR of 12.5% during the period of 2016 to 2025. Increasing demand for
advanced billing and revenue management solutions in the telecom market is
driving the growth in the telecom billing and revenue management industry.
Moreover, there is a rise in demand for cloud services, on-cloud deployment of
solutions and services is rising as one of the prominent options in comparison
to on premise deployment.
The major companies operating in the
telecom billing and revenue management market include Accenture PLC (US),
Alcatel-Lucent S.A. (France), Amdocs, Inc. (US), CERILLION PLC (UK), CSG
Systems International, Inc. (US), Ericsson (Sweden), go Transverse
International, Inc. (US), Hewlett-Packard Development Company, L.P (US), Huawei
Technologies Co., Ltd. (China), NEC Corporation (Japan), Oracle Corporation
(US), Redknee, Inc. (Canada), SAP SE (Germany), XURA (US).