The notable market players in this domain include Alcatel-Lucent, Accenture, Cisco, Ericsson, Amdocs and Oracle.
(PRWEB) April 04, 2015
This MarketsandMarkets report forecasts the telecom billing and revenue management market to grow from $7.80 billion in 2014 to $11.78 billion by 2019, at a CAGR of 8.6% during the forecast period.
Explore telecom billing market with 69 market data tables and 46 figures spread through 150 pages and in-depth TOC.
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MarketsandMarkets broadly segments the telecom billing market into following sub-segments:
1) Region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
2) Software: mediation, billing and charging, partner and interconnect management, revenue assurance and fraud management.
3) Deployment Type: on-premises and cloud.
4) Service Type: planning and consulting, operation and maintenance, system integration and managed services.
This report analyzes the expected market size for the various solutions and services involved in the operations of billing and revenue management. It also highlights the revenue potential of the various communication technologies used for the operations of billing and revenue management. The report gives analysis of various technologies involved such as mediation, billing and charging, partner and interconnect management, revenue assurance and fraud management.
The growth in the telecommunication sector is expected to be a major driver for increasing demand for telecom billing and revenue management solutions. Further driving force would be the emerging market with high subscriber growth, growing competition, and need to support new services. The billing and revenue management system enables Communication Service Providers (CSPs) to generate revenue while providing a wide range of services.
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