PUBLISHER: Lucintel | PRODUCT CODE: 1417130
PUBLISHER: Lucintel | PRODUCT CODE: 1417130
The future of the global telecom billing and revenue management market looks promising with opportunities in the software, and services markets. The global telecom billing and revenue management market is expected to reach an estimated $31.2 billion by 2030 with a CAGR of 9.9% from 2024 to 2030. The major drivers for this market are expanding population of cellular or mobile subscribers, transformation of communication service providers into digital service providers ,and growing intricacies in revenue distribution within the telecommunications ecosystem.
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Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telecom billing and revenue management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telecom billing and revenue management companies profiled in this report include-
Lucintel forecasts that on-premises will remain the larger segment over the forecast period due to rising investments by large enterprises for in-house software deployment.
Within this market, software will remain the larger segment due to its scalability, dependability, and cost-efficiency.
North America is expected to witness highest growth over the forecast period due to notable telecommunications firms and growing popuation.
Market Size Estimates: Telecom billing and revenue management market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Telecom billing and revenue management market size by solution, deployment type, telecom operator, and region in terms of value ($B).
Regional Analysis: Telecom billing and revenue management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different solutions, deployment types, telecom operators, and regions for the telecom billing and revenue management market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telecom billing and revenue management market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the telecom billing and revenue management market size?
Answer: The global telecom billing and revenue management market is expected to reach an estimated $31.2 billion by 2030.
Q.2 What is the growth forecast for telecom billing and revenue management market?
Answer: The global telecom billing and revenue management market is expected to grow with a cagr of 9.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the telecom billing and revenue management market?
Answer: The major drivers for this market are expanding population of cellular or mobile subscribers, transformation of communication service providers into digital service providers, and growing intricacies in revenue distribution within the telecommunications ecosystem .
Q4. What are the major segments for telecom billing and revenue management market?
Answer: The future of the telecom billing and revenue management market looks promising with opportunities in the software, and services markets.
Q5. Who are the key telecom billing and revenue management market companies?
Answer: Some of the key telecom billing and revenue management companies are as follows.
Q6. Which telecom billing and revenue management market segment will be the largest in future?
Answer: Lucintel forecasts that on-premises will remain the larger segment over the forecast period due to rising investments by large enterprises for in-house software deployment.
Q7. In telecom billing and revenue management market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to notable telecommunications firms and growing popuation.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.