About Telecom Billing and Revenue
The process of telecom billing and revenue management involves communication services as well as debt collection management. The key measures supplying data use statistics, handling client payments and invoices, and calculating billing and charge information. Billing and revenue assurance solutions enable efficient revenue sharing among partners, resulting in better business partnerships, the lower total cost of ownership, and faster time-to-market, all of which contribute to more revenue.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fiercely comparative as larger corporations adopting Telecom Billing and Revenue. It enables and empowers businesses to launch new tailored offerings, income-generating services, and charging policies in a timely and efficient manner, as well as to monetize existing infrastructure investments while improving customer and revenue management. CSPs are constantly updating their old systems by adding platforms that will enable them better serve their growing subscriber base and migrate to cloud-based solutions and services. To demonstrate their industry competence, these market players have used a variety of methods such as partnership, expansion, cooperation, joint ventures, and others. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Telecom Billing and Revenue market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Accenture plc (Ireland), Amdocs (United States), Netcracker (Japan), Oracle (United States), CSG International (United States), Ericsson (Sweden), Huawei (China), Cerillion (United States), Mahindra Comviva (India), Comarch S.A. (Poland), Nokia (Finland), SAP (Germany), Intracom Telecom (Greece), HPE (United States), Openet (Ireland), TEOCO (United States), Enghouse Networks (Canada) and Nexign (Russia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are FTS (Israel), Bearing Point (Netherlands), Subex (India), Sterlite Technologies (India), Tecnotree (Finland) and Zuora (United States).
Segmentation Overview
AMA Research has segmented the market of Global Telecom Billing and Revenue market by and Region.
On the basis of geography, the market of Telecom Billing and Revenue has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Telecom Billing and Revenue market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Telecom Billing and Revenue market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Telecom Operators, the sub-segment i.e. Mobile Network Operator (MNO) will boost the Telecom Billing and Revenue market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Partner and Interconnect Management will boost the Telecom Billing and Revenue market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Expenditure Trends and Requirements for BSS/OSS Solutions
Market Growth Drivers:
The demand of Organized Business Solution and Service to Detect Fraud and Revenue, Leakage to Deliver High-Quality Services and Growing Telecom Sector and Implementation of Advance Service to Gain Customer
Challenges:
Problem Facing by Generic Invoice Format that Generates Multiple Bills from Different Systems and Scattered Stats
Restraints:
High Integration Costs for Diverse Systems and Bound to Function Inside their Framework
Opportunities:
Availability of Real-Time Quotation for All the Products and Automated Workflow Modifications are Triggered by Proactive Market Developments
Market Leaders and their expansionary development strategies
On 03 Jan 2020, Mobility announces the partnership with Ericsson. The partnership aims to support and empower Saudi Arabia's government and commercial sector, as well as accelerate the implementation of digital transformation and boost Internet of Things (IoT) usage. The partnership will help Mobily points to its smart metering initiative with the Saudi Electricity Company.
On 22 Oct 2019, Netcracker announce that Vast Broadband has preferred the company to deliver a BSS and OSS transformation program that will help the growing cable and Internet service provider improve customer experience, introduce new services quickly, consolidate BSS and OSS platforms to lower total cost of ownership and realize post-acquisition efficiencies.
Key Target Audience
Telecom Billing and Revenue Service Providers, Telecom Billing and Revenue Solution Association, International Traders, Research and Development Institutes, Financial Institutes and Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.