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? 

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession? 
• Global competitiveness and key competitor positions? 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial?-?buy the report!

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

• The expanding telecom services drive the market growth of telecom billing revenue management. 
• Global telecommunications networks have unquestionably been a significant area of ongoing technological advancement over the years and during the forecast period, an increase in demand for telecom billing revenue management solutions and services is anticipated to be primarily due to the telecom industry growth.
• The implementation of cutting-edge services, like 5G, and the growth of the customer base are putting pressure on the current network pricing structure as the telecom industry expands.
• Hence, such drivers fuel the growth of the telecom billing revenue management market during the forecast period.

Telecom Billing Revenue Management Market: Robust Adoption Of Cloud Solutions 

• Robust adoption of cloud solutions is an emerging trend fueling the market. 
• The adoption of cloud-based applications that can be used by numerous end-user industries grows due to the cloud computing services have spread throughout the world.
• Enterprises adopt cloud-based solutions because of the inherent advantages of cloud computing, including its low cost for infrastructure and computing, scalability, reliability, and high resource availability.
• The flexibility and cost benefits associated with cloud services drive a rapid global expansion of cloud computing.
• Hence, such trends influence the growth of the telecom billing revenue management market during the forecast period.

To know about more drivers, trends along with challenges - Download a sample now!

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).

• The market share growth by the software segment will be significant during the forecast period. The software sector dominated the market in 2022, which can be attributed to the widespread use of telecom billing revenue management systems and the many benefits they offer. Hence, such factors drive the segment growth during the forecast period.

For additional information on the market contribution of each segment - Grab an Exclusive Sample Report

Gain instant access to 17,000+ market research reports 

Technavio's SUBSCRIPTION platform

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.

Browse for Technavio's Information Technology?Market Reports?? 

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global telecom billing revenue management market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global telecom billing revenue management market 2017 - 2021 ($ billion)

• 4.2 Solution Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Solution Segment 2017 - 2021 ($ billion)

• 4.3 Deployment Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Solution

• 6.1 Market segments
• Exhibit 30: Chart on Solution - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Solution - Market share 2022-2027 (%)

• 6.2 Comparison by Solution 
• Exhibit 32: Chart on Comparison by Solution
• Exhibit 33: Data Table on Comparison by Solution

• 6.3 Software - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 6.4 Services - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Solution 
• Exhibit 42: Market opportunity by Solution ($ billion)
• Exhibit 43: Data Table on Market opportunity by Solution ($ billion)

7 Market Segmentation by Deployment

• 7.1 Market segments
• Exhibit 44: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Deployment - Market share 2022-2027 (%)

• 7.2 Comparison by Deployment 
• Exhibit 46: Chart on Comparison by Deployment
• Exhibit 47: Data Table on Comparison by Deployment

• 7.3 On premise - Market size and forecast 2022-2027 
• Exhibit 48: Chart on On premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on On premise - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on On premise - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on On premise - Year-over-year growth 2022-2027 (%)

• 7.4 Cloud - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Cloud - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Cloud - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Cloud - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Deployment 
• Exhibit 56: Market opportunity by Deployment ($ billion)
• Exhibit 57: Data Table on Market opportunity by Deployment ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027 
• Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ billion)
• Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Amdocs Ltd.
• Exhibit 111: Amdocs Ltd. - Overview
• Exhibit 112: Amdocs Ltd. - Product / Service
• Exhibit 113: Amdocs Ltd. - Key offerings

• 12.4 Cerillion Plc
• Exhibit 114: Cerillion Plc - Overview
• Exhibit 115: Cerillion Plc - Business segments
• Exhibit 116: Cerillion Plc - Key offerings
• Exhibit 117: Cerillion Plc - Segment focus

• 12.5 Comarch SA.
• Exhibit 118: Comarch SA. - Overview
• Exhibit 119: Comarch SA. - Product / Service
• Exhibit 120: Comarch SA. - Key offerings

• 12.6 CSG Systems International Inc. 
• Exhibit 121: CSG Systems International Inc. - Overview
• Exhibit 122: CSG Systems International Inc. - Product / Service
• Exhibit 123: CSG Systems International Inc. - Key offerings

• 12.7 Enghouse Systems Ltd. 
• Exhibit 124: Enghouse Systems Ltd. - Overview
• Exhibit 125: Enghouse Systems Ltd. - Business segments
• Exhibit 126: Enghouse Systems Ltd. - Key offerings
• Exhibit 127: Enghouse Systems Ltd. - Segment focus

• 12.8 Hewlett Packard Enterprise Co. 
• Exhibit 128: Hewlett Packard Enterprise Co. - Overview
• Exhibit 129: Hewlett Packard Enterprise Co. - Business segments
• Exhibit 130: Hewlett Packard Enterprise Co. - Key news
• Exhibit 131: Hewlett Packard Enterprise Co. - Key offerings
• Exhibit 132: Hewlett Packard Enterprise Co. - Segment focus

• 12.9 Huawei Technologies Co. Ltd. 
• Exhibit 133: Huawei Technologies Co. Ltd. - Overview
• Exhibit 134: Huawei Technologies Co. Ltd. - Business segments
• Exhibit 135: Huawei Technologies Co. Ltd. - Key news
• Exhibit 136: Huawei Technologies Co. Ltd. - Key offerings
• Exhibit 137: Huawei Technologies Co. Ltd. - Segment focus

• 12.10 Intracom SA Telecommunications Solutions 
• Exhibit 138: Intracom SA Telecommunications Solutions - Overview
• Exhibit 139: Intracom SA Telecommunications Solutions - Product / Service
• Exhibit 140: Intracom SA Telecommunications Solutions - Key offerings

• 12.11 Mahindra and Mahindra Ltd. 
• Exhibit 141: Mahindra and Mahindra Ltd. - Overview
• Exhibit 142: Mahindra and Mahindra Ltd. - Business segments
• Exhibit 143: Mahindra and Mahindra Ltd. - Key news
• Exhibit 144: Mahindra and Mahindra Ltd. - Key offerings
• Exhibit 145: Mahindra and Mahindra Ltd. - Segment focus

• 12.12 Optiva Inc.
• Exhibit 146: Optiva Inc. - Overview
• Exhibit 147: Optiva Inc. - Product / Service
• Exhibit 148: Optiva Inc. - Key offerings

• 12.13 Oracle Corp.
• Exhibit 149: Oracle Corp. - Overview
• Exhibit 150: Oracle Corp. - Business segments
• Exhibit 151: Oracle Corp. - Key news
• Exhibit 152: Oracle Corp. - Key offerings
• Exhibit 153: Oracle Corp. - Segment focus

• 12.14 SAP SE
• Exhibit 154: SAP SE - Overview
• Exhibit 155: SAP SE - Business segments
• Exhibit 156: SAP SE - Key news
• Exhibit 157: SAP SE - Key offerings
• Exhibit 158: SAP SE - Segment focus

• 12.15 Telefonaktiebolaget LM Ericsson 
• Exhibit 159: Telefonaktiebolaget LM Ericsson - Overview
• Exhibit 160: Telefonaktiebolaget LM Ericsson - Business segments
• Exhibit 161: Telefonaktiebolaget LM Ericsson - Key news
• Exhibit 162: Telefonaktiebolaget LM Ericsson - Key offerings
• Exhibit 163: Telefonaktiebolaget LM Ericsson - Segment focus

• 12.16 Teoco
• Exhibit 164: Teoco - Overview
• Exhibit 165: Teoco - Product / Service
• Exhibit 166: Teoco - Key offerings

• 12.17 Western Electric
• Exhibit 167: Western Electric - Overview
• Exhibit 168: Western Electric - Product / Service
• Exhibit 169: Western Electric - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 170: Inclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-301820939.html

SOURCE Technavio

[ Back To TMCnet.com's Homepage ]