The numbers of subscribers for the telecom services are increasing rapidly across the globe. Thus, problems such as fallout of services, and network congestion are increasing and resulting into a structural evolution in demand for the development of effective billing and revenue management solutions.
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These telecom billing and revenue management solutions are used by Communication Services Providers (CSPs) for increasing their revenue by optimizing telecom networks. These solutions also enable the telecom service providers in fraud detection and fraud management resulting into decreased operational costs in longer run.
Moreover, these solutions helps telecom service providers in launching new services in the market along with improving customer experience with real time account recharging services. Providing billing and revenue management solutions using cloud Software-as-a Service (SaaS) is new trend being observed in this market.
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Top Key Operating Players:
Accenture plc, L. M. Ericsson, Huawei Technologies, NEC Corporation, Oracle Corporation, Alcatel-Lucent, Amdocs Inc, Hewlett-Packard (HP) Company Comverse, SAP AG
The research report tries to understand the pioneering tactics taken by vendors in the global market to offer product differentiation through Porter’s five forces analysis. It also points out ways in which these companies can reinforce their stand in the market and increase their revenues in the coming years.
Ongoing industrial advancements and the persistent penetration of Internet in the remote corners of the world are also responsible for the noteworthy growth of the Global Telecom Billing And Revenue Management Market.
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Every day new services are added into the offerings by the telecom service providers generating demand for efficient and effective billing and revenue management solutions. In addition, regions such as MEA and Latin America are emerging in terms of telecom infrastructure, resulting in increasing number of subscriber in these regions.
These factors are driving the demand for telecom billing and revenue management software and services. Furthermore, with the increase in networks, services and solutions, telecom operators incur high operational costs.
Thus, increasing operating costs are generating demand for advanced telecom billing and revenue management solutions.
The major market share in Telecom Billing And Revenue Management and is expected to continue its dominion throughout the forecast period. Growing demand for 5G technologies, increasing advancements in the field of satellite communication systems, radar, scanning and imaging systems are driving the growth of the Global Telecom Billing And Revenue Management Market in this region.
Other regions are also expected to follow the upward trend and further fuel the growth of the Global Telecom Billing And Revenue Management Market.
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Table Of Content:
Chapter 1 Telecom Billing And Revenue Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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