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Global Consumer Billing Management Software Market to Grow at a CAGR of 6.6% by 2021 - Increased Adoption of Next Generation (NG) Billing Management Solutions - Research and Markets

[April 05, 2017]

Global Consumer Billing Management Software Market to Grow at a CAGR of 6.6% by 2021 - Increased Adoption of Next Generation (NG) Billing Management Solutions - Research and Markets

Research and Markets has announced the addition of the "Global Consumer Billing Management Software Market 2017-2021" report to their offering.

The global consumer billing management software market to grow at a CAGR of 6.61% during the period 2017-2021.

The report, Global Consumer Billing Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increased adoption of next generation (NG) billing management solutions. The adoption of NG billing management solutions and its popularity in the telecom sector will increase during the forecast period. NG billing solutions offer a converged solution to end-users. Multiple add-on features are being deployed by telecom operators that use SaaS (News - Alert)-based solutions. NG billing management solutions help cpture key information about customers. They also offer standard features and functionalities such as transaction processing, offline and online charging, event handling, voucher management and billing cards, and roaming and balance management. This helps telecom operators improve the efficiency of their billing systems. These solutions equip billing products with enhanced features. NG billing solutions are a comprehensive and economical option for payment, network, and services.

Key vendors