According to a new market research study titled ‘Telecom Billing and Revenue Management Market to 2025 – Global Analysis and Forecast by Solution, Services and Deployment’, the global telecom billing and revenue management market was valued at US$ 9.27 Bn in 2015 and is expected to reach US$ 25.27 Bn by 2025. The report showcases trends that are dominant in the global market and the factors that act as barrier to the growth of telecom billing and revenue management market.
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 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
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 up gradations 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 37.56% 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...