The Convergent Billing market is expected to grow from $2.86 billion in 2014 to $7.88 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 22.2% from 2014 to 2019.
(PRWEB) October 08, 2014
Convergent billing solution is a real time integrated service which provides a unified bill for the all the service users. It breaks the traditional barriers of vertical charging and billing systems, while CSP can quickly provide services and can take decisions quickly. It will help in seamless transfer of data among the devices and users with the help of a given spectrum. It empowers the service providers to manage and extend their services processes to its end users. Complete report is available at http://www.reportsnreports.com/reports/300252-convergent-billing-market-by-solution-customer-relationship-management-settlement-and-payment-management-voucher-management-mediation-and-by-modes-managed-services-consulting-services-training-and-education-global-forecast-to-2019.html .
With the fast growing telecommunication sector, deployment of innovative services and increasing customer base has created a pressure on existing network charging systems. So a simple communication aggregate platform is not enough, the communication service providers (CSP) has to deploy convergent billing solutions to improve the overall efficiency and enhance greater profitability.
The Convergent billing market is segmented based on regions, such as North America (NA), Latin America (LA), Europe, Asia-Pacific (APAC), and Middle East and Africa (MEA). The Convergent billing market forecast is provided for each region from 2014 to 2019. The Convergent billing market report profiles leading companies such as Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Amdocs, Inc. (U.S.), Comverse. Inc, (U.S.), CSG International (U.S.), Elitecore Technologies Pvt. Ltd. (India), Huawei Technologies Co., Ltd. (China), Orga Systems, GmbH (Germany), Redknee, Inc (Canada) and SAP S.E. (Germany). It is further segmented into solutions, deployment types, services, and verticals and forecasts the revenue for the various submarkets. Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=300252 .
This report speaks about the expected market size for the various solutions and services involved in the operations and infrastructure of Convergent Billing. It also highlights the revenue potential of the various communication technologies used for the operations of Convergent Billing. The report consists of the opportunity analysis of various technologies involved such as customer relationship management, partner relationship management, and service provisioning management, voucher management, revenue assurance, fraud management and others. The report analyzes market sizes and revenue forecasts across different regions such as North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), and Middle East and Africa (MEA).
With the deployment of convergent billing, the service providers can customize their services that suits the individual needs. A robust charging system helps in deploying the individual needs and can also provide third party services thereby enhancing the customer loyalty. As a result, every element in the value chain needs to undergo a revolutionary change and optimize its operations. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=300252 .
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