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Telecom Billing Revenue Management Market size to grow by USD 6.99 billion from 2022 to 2027, North America to account for 30% of the market growth - Technavio


NEW YORK, May 11, 2023 /PRNewswire/ -- The telecom billing revenue management market size is expected to grow by USD 6.99 billion during 2022-2027. The market is expected to be progressing at a CAGR of 8.73% as per the latest Technavio market research report. North America is estimated to account for 30% of the market's overall growth. The adoption of cutting-edge technologies in North American region and the rising demand from the telecom industry is primarily responsible for this high share. The US also dominates the market in terms of revenue due to the adoption of cutting-edge technologies like IoT, 5G, analytics, and cloud. In addition, there is an increasing level of competition among different telecom billing revenue management providers. To maintain their market shares, the vendors are upgrading their product lines. Hence, such factors influence the regional growth of telecom billing revenue management market during the forecast period. For more insights on the market share of various regions- Download sample report in MINUTES

What's New? 

Telecom Billing Revenue Management Market: Expanding telecom services to drive growth

Telecom Billing Revenue Management Market: Robust Adoption Of Cloud Solutions 

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Some of the key Telecom Billing Revenue Management Market Players:

The telecom billing revenue management market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Amdocs Ltd., BearingPoint Holding BV, Cerillion Plc, Comarch SA., CSG Systems International Inc., Formula Telecom Solutions Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intracom SA Telecommunications Solutions, Mahindra and Mahindra Ltd., Nexign Joint Stock Co., Optiva Inc., Oracle Corp., SAP SE, SUBEX Ltd., Tecnotree Corp., Telefonaktiebolaget LM Ericsson, Teoco, Western Electric, and Enghouse Systems Ltd.

Telecom Billing Revenue Management Market: Segmentation Analysis

This market research report segments the telecom billing revenue management market by Deployment (On premise and Cloud) and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

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Related Reports:

The telecom expense management software market size should rise by USD 1.71 billion from 2021 to 2025 at a CAGR of 12.14%. Furthermore, this report extensively covers market segmentation by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). The rising popularity of bring-your-own-device (BYOD) policy is notably driving the telecom expense management software market growth.

The telecom operations management market size is expected to increase by USD 24 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.73%. Furthermore, this report extensively covers telecom operations management market segmentations by deployment (cloud-based and on-premises) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The rapid advances in technologies driving demand for scalable telecom management solutions is notably driving the telecom operations management market growth.

Telecom Billing Revenue Management Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.73%

Market growth 2023-2027

USD 6.99 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.47

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 30%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Amdocs Ltd., BearingPoint Holding BV, Cerillion Plc, Comarch SA., CSG Systems International Inc., Formula Telecom Solutions Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intracom SA Telecommunications Solutions, Mahindra and Mahindra Ltd., Nexign Joint Stock Co., Optiva Inc., Oracle Corp., SAP SE, SUBEX Ltd., Tecnotree Corp., Telefonaktiebolaget LM Ericsson, Teoco, Western Electric, and Enghouse Systems Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Solution

7 Market Segmentation by Deployment

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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