Report Scope & Overview:
Telecom Billing and Revenue Management Market size was valued at USD 17.35 Bn in 2022 and is expected to reach USD 40.58 Bn by 2030, and grow at a CAGR of 11.2% over the forecast period 2023-2030.
Telecommunication billing refers to the methods used by communication service providers to collect consumption data, compute charge and billing information, generate invoices for consumers, process payments, and manage debt collection. A telecom billing system is a piece of corporate software designed to help with telecom billing operations.
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Telecommunications billing is a mark of almost any commercial communication services provider, irrespective of specialization, like telephone companies, mobile wireless communication companies, VoIP companies, mobile virtual operators, internet service providers, and television companies, which cannot operate without billing since it adds economic value to their business. Revenue management is the use of disciplined analytics to forecast customer behavior at the micro-market level and adjust product availability and pricing to maximize revenue growth.
Revenue management's major goal is to sell the right product to the right consumer at the right time, in the right location, and with the appropriate bundle. Understanding consumer perception of product value and precisely matching product pricing and availability with each client category is the heart of the discipline. Income management is a notion that not only maximizes revenue during periods of strong demand but also aids in increasing demand during periods of low demand while avoiding price cannibalism.
MARKET DYNAMICS:
KEY DRIVERS:
Cellular or mobile subscriber numbers are increasing.
The Transition of CSPs to DSPs.
Increasing Difficulties in Revenue Sharing Throughout the Telecom Ecosystem.
RESTRAINTS:
Existence of Strict Telecommunications Regulations.
OPPORTUNITY:
Operators Pushing Service Innovation to New Heights in Order to Monetize and Market 5G Services and IoT.
Need for Efficient AI and ML to Maximize Revenue Streams in Existing Revenue Management Systems.
CHALLENGES:
High volume of customer transactions and ongoing network technology change.
Inadequate Technical Capability in Implementing Billing and Revenue Assurance Solutions.
IMPACT OF COVID-19:
The COVID-19 outbreak has caused various interruptions in day-to-day cellular company operations across industry verticals worldwide. Following this outbreak, the implementation of lockdown and other mobility restrictions for several months to prevent the spread of a lethal virus had an influence on the quick change of the working culture for a big workforce, as well as other operations. During lockdowns and mobility restrictions, demand for network access and other digital services skyrocketed. The use of telecom billing and revenue management software and services assisted firms in managing and controlling the credits issued depending on customer loyalty based on previous data.
MARKET ESTIMATION:
With a share in 2021, the solutions category led the telecom billing and revenue management market. This high percentage is due to the increasing usage of telecom billing and revenue management systems, as well as the numerous benefits they provide. The solution section is further divided into mediation, billing and charging, revenue assurance, fraud management, and other sub-segments. Telecom billing and revenue management software companies provide standalone or integrated telecom billing and revenue management solutions. These technologies assist operators in evaluating, optimizing, and analyzing every stage of the billing life cycle. Furthermore, the services sector is predicted to increase significantly throughout the projection period.
With a revenue share in 2021, the on-premises deployment model led the telecom billing and revenue management industry. This huge percentage is mostly due to increased spending by major firms on in-house software deployment. Despite the growing popularity of the cloud model, the on-premises model remains the most popular and preferred deployment approach among operators. Most telecom operators choose on-premises solutions since the infrastructure is already existent and can be utilized, saving a significant amount of money on infrastructure upgrades. During the projection period, the cloud sector is expected to have the greatest CAGR. The cloud deployment model's cheap investment cost, scalability, and agility are driving the expansion of this category. Cloud-based telecom billing and revenue management tools and services have enabled operators to look beyond connection and develop.
With a revenue share in 2021, the mobile operator sector dominated the market for telecom billing and revenue management. This high share is mostly due to increased global mobile penetration and rapid expansion in subscriber base across several areas. During the projection period, the segment is also expected to have the greatest CAGR. Furthermore, the internet service providers category is expected to grow throughout the projected period in the telecom billing and revenue management market. Several telecommunications companies are working to develop 5G technology. This development is likely to give internet service providers the opportunity to improve their telecom billing and revenue management systems.
KEY MARKET SEGMENTS:
On The Basis of Component
Solution
Billing Management
Account Management
Others
Services
Professional Services
Managed services
On The Basis of Deployment Model
On-premises
Cloud
On The Basis of Operator Type
Mobile Operator
Internet Service Providers
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REGIONAL ANALYSIS:
The telecom billing and revenue management industry was controlled by North America. This high proportion is mostly due to rising demand from the telecom sector and market acceptance of cutting-edge technologies. Furthermore, the United States led the telecom billing and revenue management industry in terms of revenue due to the implementation of new technologies such as IoT, 5G, analytics, and cloud. The Asia Pacific telecom billing and revenue management market is likely to increase throughout the forecast period. The region's expansion may be ascribed primarily to the increased need for innovative billing and revenue management solutions and services. China is predicted to expand rapidly in the Asia Pacific region in the near future.
REGIONAL COVERAGE
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
The major key players are Accenture plc, Cerillion, Comarch SA., CSG Systems International, Inc, HP Development Company, L.P., Huawei Technologies Co., Ltd., Intracom Telecom, Mahindra Comviva, Oracle Corporation, SAP SE
Cerillion - Company Financial Analysis
| Report Attributes | Details |
| Market Size in 2022 |
US$ 17.35 Bn |
| Market Size by 2030 |
US$ 40.58 Bn |
| CAGR |
CAGR of 11.2% From 2023 to 2030 |
| Base Year |
2022 |
| Forecast Period |
2023-2030 |
| Historical Data |
2020-2021 |
| Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By component (Hardware, Software, Services) |
| Regional Analysis/Coverage |
North America (USA, Canada, Mexico), Europe |
| Company Profiles |
Accenture plc, Cerillion, Comarch SA., CSG Systems International, Inc, HP Development Company, L.P., Huawei Technologies Co., Ltd., Intracom Telecom, Mahindra Comviva, Oracle Corporation, SAP SE |
| Key Drivers |
• Cellular or mobile subscriber numbers are increasing |
| Market Opportunities |
• Operators Pushing Service Innovation to New Heights in Order to Monetize and Market 5G and IoT |
Ans: - The forecast period of the Telecom Billing & Revenue Management System market is 2022-2028.
Ans: - Operators Pushing Service Innovation to New Heights in Order to Monetize and Market 5G and IoT and need for Efficient AI and ML to Maximize Revenue Streams in Existing Revenue Management Systems.
Ans: - The telecom billing and revenue management industry was dominated by North America.
Ans. The primary growth tactics of Telecom Billing & Revenue Management System market participants include merger and acquisition, business expansion, and product launch.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Telecom Billing and Revenue Management Market Segmentation, by Component
8.1 Solution
8.1.1 Billing Management
8.1.2 Account Management
8.1.3 Others
8.2 Services
8.2.1 Professional Services
8.2.2 Managed services
9. Telecom Billing and Revenue Management Market Segmentation, by Deployment Model
9.1 On-premises
9.2 Cloud
10. Telecom Billing and Revenue Management Market Segmentation, By Operator Type
10.1 Mobile Operator
10.2 Internet Service Providers
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Accenture plc
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Cerillion
12.3 Comarch SA.
12.4 CSG Systems International, Inc
12.5 HP Development Company, L.P.
12.6 Huawei Technologies Co., Ltd.
12.7 Intracom Telecom
12.8 Mahindra Comviva
12.9 Oracle Corporation
12.10 SAP SE
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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