Telecom Billing and Revenue Management Market Global Trends, Size, Segments and Growth by Forecast to 2027 | COVID-19 Effects

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Overview

The billing and revenue management for telecom industry has become crucial as celluar service providers (CSPs) are competing to create greater value and loyalty from their customer relationships. Additionally, the CSPs are now-a-days providing various digital services such as streaming of video & OTT content, cloud storage, online payment services, banking, among others. This broadening of product offerings along with their core cellular services across prepaid, postpaid and hybrid customers in B2C, B2B and B2B2X business models have made their billing and revenue management system more complex and prone to errors threatening towards huge losses.

Segmentation

By component, the global Telecom Billing and Revenue Management Market Companies has been divided into software and services. Further, the software sub-segment is bifurcated into mediation, billing & charging, partner & interconnect management, revenue assurance, and fraud management. Whereas services sub-segment is divided into professional services and managed services.

By operator type, the global telecom billing & revenue management market has been divided into mobile operators and internet service providers, satellite communication providers, and cable network providers.

Depending on its deployment mode, the telecom billing & revenue management market is split into cloud and on-premises.

The global Telecom Billing & Revenue Management market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Regional Analysis

By region, the global telecom billing & revenue management market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America is expected to be the largest market due to the higher adoption of innovative technology solutions and services in the region. Also, the benefits offered by telecom billing & revenue management including multi-service bundling with cross-product discounts and incentives, unified invoice, credit control, multi-currency & multi-taxation handling, and multi-language support. Also, the adoption of billing & revenue management software enables CSPs, their partners, and customers to operate and utilize same solutions for their needs.

Key Players

The key players in the global Telecom Billing & Revenue Management market are Netcracker (US), CSG Systems International, Inc. (US), Oracle (US), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), SAP SE (Germany), Comarch SA (Poland), Sterlite Technologies Limited (India), Emida (US), Commerx (Canada), Optiva, Inc. (Canada), iNiSolution (Lebanon), Infozech (US), and IntegraTouch, LLC. (US), and ZCOM Systems (Canada)..

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Telecom Billing and Revenue Management Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

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