Dublin, Dec. 10, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/gjkxkd/telecom_billing) has announced the addition of the "Telecom Billing Market and Revenue Management by Software, by Services, by Deployment Type and by Geography - Global Forecast to 2019" report to their offering.
Telecom Billing Market and Revenue Management is a unique solution for the various problems faced by the Communications Service Providers (CSPs). This solution has completely revolutionized the telecom industry as it promises to reduce the customer churn and cost for the CSPs.
Demand for the new services, growing competition between operators, subscriber growth in developing countries, and improved customer experience with real-time charging information are the most important drivers of this market. Most of the CSPs are increasingly relying on innovative technology solutions to increase customer satisfaction. The big change in this market would be deployment of billing and revenue management systems through cloud.
Asia-Pacific (APAC) is contributing to the biggest share of this market followed by Europe and then MEA. Presence of countries such as China and India with their large subscriber base and ever changing regulatory and competitive landscape has increased the demand of billing and revenue management solutions in Asia. On the other hand, North America is surrounded with the challenges of the deregulated telecom market.
In this report, the telecom billing market and revenue management is segmented into software, services, deployment, and regions. The software segment constitutes of mediation, billing and charging, partner and interconnect management, revenue assurance, and fraud management. The solutions are deployed both through cloud and on-premise. The services market includes planning and consulting services, operations and maintenance, system integration, and managed services.
This market is divided on the basis of regions which include North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. The major market players in this domain include Amdocs, Alcatel-Lucent, Huawei, Oracle, and Cisco. The report on the telecom billing market and revenue management also provides in-depth analysis of the key players in solutions and services ecosystems with their profiles, recent developments, key issues, global adoption trends, opportunities in market and future growth potential.
The telecom billing and revenue management market is forecasted to grow from $7.80 billion in 2014 to $11.78 billion by 2019, at a CAGR of 8.6% during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Telecom Billing Market and Revenue Management Analysis, By Software
8 Global Telecom Billing Market and Revenue Management Analysis, By Service
9 Global Telecom Billing Market and Revenue Management Analysis, By Deployment Type
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- Hewlett-Packard (HP)
- Huawei Technologies
- NEC Corporation
- Oracle Corporation
- SAP AG
For more information visit http://www.researchandmarkets.com/research/gjkxkd/telecom_billing
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Source:Research and Markets