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.
According to the new Market research study published by The Insight Partners, The global Telecom Billing and Revenue Management Market was valued at US $9.27 billion in 2015. The market of telecom billing and revenue management is expected to grow at a CAGR of 10.7% between 2016 and 2025, to reach US $25.27 Billion in 2025.
Browse market data tables and in-depth TOC of the Telecom Billing and Revenue Management Market to 2025 @ http://www.theinsightpartners.com/reports/telecom-billing-and-revenue-management-market
One of the prime factors that are driving the global telecom billing and revenue management market include increasing mobile penetration worldwide and high growth in the subscriber base in various regions. High capital expenses (CAPEX) involved in upgrading the existing network infrastructure and establishing new one, along with complex regulatory environment are few factors hindering the global market
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The telecom billing and revenue management market is bifurcated on the basis of solution, services and deployment type, the solution segment is further divided on the basis of Billing and Charging Software, Mediation Software, Fraud Management Software, Revenue Assurance Software, Partner and Interconnects Management Software. Services segment is further divided on the basis of managed services, consulting services and operations services, and system integration services. The market is further classified on the basis of...