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(Hosting-NewsWire.com, April 23, 2016 ) Telecom billing and revenue management solutions and services support telcos and communication service providers (CSP’s) to channelize and manage business-critical revenue and processes. In addition to the revenue management, these solutions also helps CSP’s to optimize operational expenditure (OPEX); fraud detection, prevention and management; launching new services in short period of time and improve the overall costumer experience. Browse complete report @ http://www.reportsweb.com/Telecom-Billing-and-Revenue-Management-Market-to-2025-Global-Analysis-and-Forecasts-by-Types-of-Solutions-Services-and-Deployment-Types
Increasing mobile penetration and consumer base in emerging economies along with the rising need for innovative billing and revenue management solutions and services are some of the factors expected to boost the telecom billing and revenue management market during the forecast period. However, high initial cost of deployment and network upgradation is expected to restrict the global market. The billing and charging software leads the telecom billing and revenue management market currently and is expected to hold the highest market share during the forecasted period by accounting for 37.98% of the total market revenue share in the year 2025
High subscriber base in emerging economies especially in the Asia Pacific (APAC) and Middle East & Africa (MEA) coupled with increasing technological adoptions within the telecommunication industry is providing ample opportunities to telecom billing and revenue management solution and service providers. On the other hand, North America and Europe are expected to experience a comparatively slow market growth due to maturity of their telecom industry.
The global telecom billing and revenue management market has been segmented on the basis of solutions into billing and charging software, partner and interconnects management software, fraud management software, mediation software and revenue assurance software The market is further bifurcated on the basis of services into consulting services, managed services, system integration services and operations services In addition, the global telecom billing and revenue management market is segmented on the basis of deployment types into on-premise deployment, cloud-based deployment and hybrid deployment. Geographically, the market is segmented into North America, Asia Pacific Europe, Middle East & Africa and South America.
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The report segments the global telecom billing and revenue management market as follows: Global Telecom Billing and Revenue Management Market – By Solutions
· Billing and Charging Software · Mediation Software · Fraud Management Software · Revenue Assurance Software · Partner and Interconnects Management Software
Global Telecom Billing and Revenue Management Market – By Services · Consulting Services · Managed Services · Operations Services · System Integration Services
Global Telecom Billing and Revenue Management Market – By Deployment Types · On-Premise Deployment · Cloud Based Deployment · Hybrid Deployment
Global Telecom Billing and Revenue Management Market – By Geography
· North America
o U.S. o Canada o Mexico
· Europe
o France o Germany o Italy o Spain o U.K o Rest of Europe
· Asia Pacific (APAC)
o Japan o China o India o Australia o Rest of APAC
· Middle East & Africa (MEA)
o Saudi Arabia o U.A.E. o South Africa o Rest of MEA ·South America (SAM)
o Brazil
Rest of SAM
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Priya Sisodia
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Source: EmailWire.Com
Source: EmailWire.com
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