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Revenue management market set to be worth $21.92 billion by 2020

Revenue management market set to be worth $21.92 billion by 2020

The global Revenue Management market study report of 166 pages explores Revenue Management Market analysis, Industry growth, trends, statistics, size, share, and opportunity analysis. Report also provides Revenue Management market forecast to 2020. Report includes Revenue Management Market by Solutions like Risk Management, Pricing and Revenue Forecast Management, Revenue Analytics, Revenue Leakage Detection, Channel Revenue Management by Services covering Professional, Managed and by Deployment Mode.

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Revenue Management market highlights:

The revenue management market size is estimated to grow from USD 9.27 billion in 2015 to USD 21.92 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 18.8%. Increasing cloud-based deployments and customer awareness are expected to drive the revenue management market.

Due to the increasing cloud-based deployments of revenue management platforms and solutions the revenue management market is growing rapidly. Growing customer awareness and increased technological spending in the developing countries is also driving the growth of the market.

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“Pricing and revenue forecast management solution to dominate during the forecast period”

In 2015, pricing and revenue forecast management and data management solutions is expected to dominate the revenue management solutions market. Media and entertainment is the fastest-growing application area and professional services commands the major share in revenue management services market.

“Asia-Pacific to witness highest growth during the forecast period”

North America is expected to hold the largest market share of the revenue management market in 2015 due to technological advancements. Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period as it is witnessing a high adoption rate in the deployment of cloud-based revenue management systems in SMBs and enterprises.

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In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up of profile of primary discussion participants is given below.

  • By Company Type: Tier-1 (30%), Tier-2 (45%), and Tier-3 (25%) companies
  • By Designation: C-level (40%), Director Level (20%), and Others (40%)
  • By Region: North America (30%), Europe (25%), Asia-Pacific (APAC) (40%), and Rest of World (5%)

The various key revenue management vendors profiled in the report are as follows:

Accenture PLC, Amdocs, Inc, Ericsson, Netcracker Technology Corporation, Oracle Corporation, CSG Systems International, Huawei Technologies, Redknee Solutions, SunTec Business Solutions, SAP SE.

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The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the revenue management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across different verticals and regions.
  • The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
  • This report will help the stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers &acquisitions.

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