USD 13.3 billion
Telecom Billing Revenue Management System Market Size, Share, Growth Analysis, By Solution(Software (Billing, Charging, Partner, Interconnect Management), By Deployment Type(On-Premises, Cloud), By Telecom Operator(Mobile Operators (Mobile Network Operator [MNO], Mobile Virtual Network Operator [MVNO], Mobile Virtual Network Enabler [MVNE]), Internet Service Providers (ISPs)), By Region - Industry Forecast 2024-2031
Report ID:
SQSG50B2004 |
Region:
Global |
Published Date: July, 2001
Pages:
157
|Tables:
97
|Figures:
76
Telecom Billing Revenue Management System Market Insights
Global Telecom Billing Revenue Management System Market size was valued at USD 13.3 billion in 2019 and is poised to grow from USD 14.69 billion in 2023 to USD 34.5 billion by 2031, growing at a CAGR of 10.39% in the forecast period (2024-2031).
The rising preference by organizations for detecting and mitigating revenue leakages with unified workflow and automated payment solutions, as well as the importance that organizations place on determining the profitability and value that customers bring to the business, can all contribute to the market's expansion.
Additionally, the market is seeing prospects for development because of the telecom sector's expanding expansion, rising investments, and rising use of cloud-based software services. By optimizing telecom networks, communication service providers utilize global telecom billing and revenue management systems value to increase their income. These solutions increasingly leverage cloud-based software as a service to enhance user experiences and boost performance. However, the market's expansion may be hampered by strict telecom rules and a shortage of qualified specialists.
US Telecom Billing Revenue Management System Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
On-Premises
Fastest Growth
On-Premises
Growth Rate
10.39% CAGR
Global Telecom Billing Revenue Management System Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Telecom Billing Revenue Management System Market Segmental Analysis
The Global Telecom Billing Revenue Management System Market is segmented based on the Solution, Deployment Type, Telecom Operator, and Region. Based on the Solution, the Global Telecom Billing Revenue Management System Market is segmented as Software (Billing and Charging, Partner and Interconnect Management, Revenue Assurance, Fraud Management) and Services (Professional Services and Managed Services). Based on the Deployment Type, the Global Telecom Billing Revenue Management System Market is segmented as On-Premises and Cloud. Based on the telecom operator, the Global Telecom Billing Revenue Management System Market is segmented as Mobile Operators (Mobile Network Operator [MNO], Mobile Virtual Network Operator [MVNO], and Mobile Virtual Network Enabler [MVNE]) and Internet Service Providers (ISPs), Satellite Communication Providers, and Cable Network Providers. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Telecom Billing Revenue Management System Market Analysis by Deployment Type
During the forecast period, the on-premises category is anticipated to have a greater telecom billing revenue management system market share. Customer premises solutions are another name for on-premises telecom billing and revenue management systems. The most common, conventional, and in-demand deployment type among operators is this one. Since the infrastructure is already in place and can be utilized, the bulk of telecom operators continues with on-premises solutions in order to save money on infrastructure modification. Better system and data control are provided by on-premises deployment types, which also need sophisticated IT and networking equipment as well as a dedicated IT team for upkeep and support. Low levels of data security issues associated with on-premises implementation are anticipated to encourage clients to choose on-premises telecom billing and revenue management systems.
Global Telecom Billing Revenue Management System Market Share By Deployment Type, 2021 (%)
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Telecom Billing Revenue Management System Market Regional Insights
North America held the largest Global Telecom Billing Revenue Management System Market share in 2021. Some of the most prosperous companies in the world, like HPE and Enghouse Networks, are based in North America. However, the market's growth is decreasing as the North American telecom industry reaches maturity.
China, Japan, India, and the rest of Asia-Pacific are likely to dominate the regional market share, which is predicted to grow at the quickest rate over the projection period. This surge has been fueled by quick economic growth, a growing cellular subscriber base, an increase in smartphone use, rapid OTT platform expansion, and digital innovation in important countries like the United States. The Europe Telecom Billing & Revenue Management Market is anticipated to expand significantly over the course of the forecasted year. The portfolios of telecom service providers are continually expanded with new services, which raises the need for efficient billing and revenue management systems and solutions.
Global Telecom Billing Revenue Management System Market By Geography, 2021 - 2028
- Largest
- Fastest
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Telecom Billing Revenue Management System Market Dynamics
Telecom Billing Revenue Management System Market Driver
Maximizing Revenue from Customers to Drive Market Growth
- High mobile manufacturer penetration and competition amongst client service providers fuel the worldwide market. Partnerships with over-the-top (OTT) providers and cross-selling of goods to ensure prompt bill payment can be beneficial for the industry. The global Telecom Billing Revenue Management System Market expansion may be aided by the establishment of packages for prepaid, postpaid, and hybrid clients as well as the development of business strategies for serving diverse customer types. For instance, Cerillion has introduced revenue management software to make sure CSPs may prompt clients with notifications and guarantee payment collection.
Expansion of Telecom Industry to Favor Global Market
- The global telecom billing and revenue market may increase as a result of the telecom industry's development ambitions and favorable government regulations for deploying more bandwidth. Prices for data and talk time plans may be reduced through licensing auctions for additional spectrum bands and loosened rules for new participants. The proliferation of OTT platforms and their desire for the financial benefit may present new prospects for providers of revenue management solutions.
Telecom Billing Revenue Management System Market Restraint
Strict Government Regulations
- Government laws that are too strict might limit market expansion when it comes to client data and privacy. Policies preventing the sharing of user information and customer behavior for the purpose of marketing service bundles may restrict market potential.
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Telecom Billing Revenue Management System Market Competitive Landscape
The Global Telecom Billing Revenue Management System market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.
Top Player's Company Profiles in Telecom Billing Revenue Management System Market
- Amdocs
- Ericsson
- Huawei Technologies
- NEC Corporation
- Oracle
- Cisco Systems
- Comverse
- Hewlett-Packard
- NetCracker Technology
- Redknee Solutions
- SAP AG
- Subex Limited
- Alcatel-Lucent
- Cerillion Technologies
- CSG International
- Elitecore Technologies
- IBM Corporation
- Mahindra Comviva
- Optiva Inc.
- Tech Mahindra Ltd.
Telecom Billing Revenue Management System Market Recent Developments
- In January 2020, in order to help Saudi Arabia's government and the business sector through a digital transformation utilising Ericsson's end-to-end solutions, Mobility and Ericsson partnered. The goal of the partnership is to accelerate the adoption of digital services and increase IoT usage.
- In October 2019, Vast Broadband has chosen Netcracker to implement a Business Support System (BSS) and Processes Support Systems (OSS) transformation programme that will automate Vast Broadband's end-to-end fulfilment operations and reduce operating costs. This project is scheduled to launch. In order to enhance the customer experience, Netcracker will offer a system for managing and automating invoicing, inventory, service fulfilment, and product management.
Telecom Billing Revenue Management System Key Market Trends
- Over the course of the projected period, the telecom sector may be shaped by changing consumer needs and fresh prospects in areas like gaming, streaming, business services, and others. To maximise income streams and offer complementary services, telecom companies need software. As the industry consolidates and new prospects in augmented and virtual reality arise, partnerships and collaborations will be seen in astronomical numbers. The collaboration between Bouygues Telecom and Netcracker in 2021 serves as an illustration of this.
- Due to a boom in clients and a high need for data and internet speeds, the demand for business support systems may increase. Market expansion may be fueled by the software's vital need to take advantage of new networking technologies and expenditures in customer relationship management to ensure continuity of services.
Telecom Billing Revenue Management System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Telecom Billing Revenue Management System Market Analysis, the telecom billing & revenue management market is being driven by reasons such as the rise in mobile users, the transition of CSPs to DSPs, and the expansion of telecom sector players. In addition, the software's scalability enables it to go beyond already established areas when more customers, partners, and providers enter the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 13.3 billion |
| Market size value in 2031 | USD 34.5 billion |
| Growth Rate | 10.39% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Telecom Billing Revenue Management System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Telecom Billing Revenue Management System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Telecom Billing Revenue Management System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Telecom Billing Revenue Management System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Telecom Billing Revenue Management System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Telecom Billing Revenue Management System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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