Revenue management market provides detail on global revenue management market size, which is projected to reach $21.92 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 18.8% due to the increasing cloud-based deployments of revenue management platforms and solutions.
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Revenue management ecosystem comprises service providers, solution vendors, and platform providers. Some of the key players that offer revenue management solutions and services are Accenture PLC, Amdocs Inc., Ericsson, Netcracker Technology Corporation, Oracle Corporation, CSG Systems International, Huawei Technologies, Redknee Solutions, SunTec Business Solutions, and SAP SE.
Key Target audience for Revenue management market:
- Professional Service Providers
- Managed Service Providers
- Customer Experience Solution Providers
- Value Added Resellers
- Government Bodies And Departments
- Cloud Service Providers
- System Integrators
- Technology Consultants
- Small and Medium Business (SMB)/Large Enterprise End Users
- Revenue Management Solution Providers
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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Growing customer awareness and increased technology spending in the developing countries is also driving the growth of the market.
“Pricing and revenue forecast management solution to dominate during the forecast period”
Pricing and revenue forecast management and data management solutions are expected to dominate the revenue management solutions market. Media and entertainment is the fastest-growing application area and professional services command the major share in the revenue management services market.
“Asia-Pacific to witness the highest growth during the forecast period”
- 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%)
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up of the profile of primary discussion participants is given below.
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