The Telecommunication Billing market is expected to grow from USD 9.8 billion in 2019 to USD 22.4 billion by 2027, at a CAGR of 11.07% during the forecast period. Growth in the telecommunication sector, usage of innovative services, an escalating number of customers are fostering the market growth. Issues like the fallout of services and network congestion are increasing and begetting a structural evolution in demand for the expansion of effective billing and revenue management solutions.

Global telecom billing software market is fuelled by growing mobile penetration and consumer base in emerging economies. However, quick growth of subscribers, network clogging, interoperability issue and the fallout of services area are some key factors hampering the market growth.

Players will require increased investments to tackle these challenges and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Telecom Billing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1091

Key participants include

Accenture (Ireland), Alcatel-Lucent S.A. (France), Amdocs Inc. (US), CERILLION PLC (UK), CSG Systems International (US), Ericsson (Sweden), goTransverse International (US), Hewlett-Packard Development Company (US), XURA (US), SAP SE (Germany).

Further key findings from the report suggest

The growth of Telecom Billing Market is directly powered by the demand for application of Telecommunication among its array of application sectors such as in domestic, banking, e-commerce, etc.

The rapid growth of the telecommunication sector, usage of innovative services, an increasing number of customers are factors that boost the economy. Subscribers for the telecom services are increasing at a growing speed, thus, in turn, boosting the economy. Communication Services Providers (CSPs) use telecom billing and revenue management solutions for generating higher revenue by optimizing telecom networks. This solution helps the telecom provider in fraud detection and management leading to a reduction in operational cost in the long run.

The key applications of telecom billing market include software, service, deployment type and region.

By Software, fraud management segment in telecom billing market observed considerable growth. The Telco robust fraud management practice helps to analyze both anticipated and historical usage pattern and proactively address revenue leakage.

The cost-effective, end-to-end pre-integrated cloud platform comprises of product life-cycle management, policy & charging, billing & revenue management, sales management, and customer service management. These give the operators options to quickly launch per usage/per subscriber services like IT, On-demand games/music, multi-screen video and many more via a single hosted convergent platform. It provides uttermost data privacy, reliability and multi-tenancy support. It ensures higher efficiency with a high-quality experience across devices and networks.

By Geography, Asia Pacific is estimated to be the fastest growing market with a CAGR of 14% during the forecast period due to countries in this region having a higher number of subscriber base and ever-changing regulatory scenario, thus creating demand for billing and revenue management solutions.

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1091

For this report, Reports and Data have segmented into the global Telecom Billing market on the basis of resin type, composite phases, industry vertical, and region:

Telecom Billing Market by Software (Revenue, USD Million; 2016–2026)

Mediation

Billing and charging

Partner and interconnect management

Revenue assurance

Fraud management

Telecom Billing Market by Service (Revenue, USD Million; 2016–2026)

Planning and consulting services

Operations and maintenance services

System integration

Managed services

Telecom Billing Market, by Deployment Type (Revenue, USD Million; 2016–2026)

Cloud

On-premises

Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1091

Have a Look at Related Reports:

Hyperscale Data Centers Market Size, Share & Analysis, By Offering (Solution and Service), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Manufacturing, Research & Academics, Retail, Media & Entertainment, Healthcare), By End-Use (Cloud Providers, Colocation Providers, Enterprises), Region And Forecast To 2027

Virtual Private Network (VPN) Market Size, Trends & Growth, By Component (Hardware, Software, Services), By Type (IP (Internet Protocol), MPLS (Multiprotocol Label Switching), Cloud VPN, Mobile VPN), By Organization Size (Small & Medium Sized Enterprises, Large Enterprises), By Industry Vertical (IT & Telecommunication, BFSI, Manufacturing, Government, Utilities, Healthcare, Others), And Segment Forecasts, 2017-2027

Voice Cloning Market By Deployment Type (Cloud, And On-premises), By Applications (Chatbots And Assistants, Accessibility, Digital Games, Interactive Learning, And Others), And By End-Users, By Component, 2016-2026

Network Management System Market Size, Trends & Share, By Component (Services, Platform, Solution), By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises), By Deployment Type (Cloud, On-Premises), By End-User (Banking, Financial Services, And Insurance, IT & Telecom, Transportation & Logistics, Healthcare, Media & Communication, Retail), Forecasts To 2027

Content Delivery Network (CDN) Market By Product Type (Standard/Non-Video CDN and Video CDN), By Content Type, By Offerings, By Provider Type, By Organization Size, By Industry Vertical, And Segment Forecasts, 2016-2026

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

The post Telecom Billing Market Revenue Analysis & Region and Country Forecast To 2027 | Top Key Players Accenture, Alcatel-Lucent S.A., Amdocs, CERILLION PLC, etc first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.