Market Overview and Dynamics
The telecom billing and revenue management market in North America is projected to expand from US$ 4,250.9 million in 2019 to US$ 12,394.0 million by 2027, reflecting a CAGR of 15.0% from 2020 to 2027. This growth is fueled by the increasing demand for innovative billing and revenue management solutions, the rising number of IoT connections, and the rapid expansion of the telecom industry coupled with growing data consumption trends.
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Despite these positive trends, high initial capital expenses and investment requirements pose a challenge to market growth. However, the growing adoption of cloud-based solutions and services, along with the emergence of advanced technologies and evolving industry trends, is expected to further drive the marketโs expansion in the coming years.
Key Market Segments
In terms of component, the solution segment accounted for a larger share of the North America telecom billing and revenue management market in 2019. In terms of type, the telecom billing segment held the largest share of the telecom billing and revenue management market in 2019. In terms of deployment type, the on-premise segment held the largest share of the market. Geographically, the market is segmented into the US, Mexico, and Canada. The US held the largest share of the market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the telecom billing and revenue management market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Accenture PLC; Nokia Corporation; Amdocs, Inc.; Cerillion PLC; Comarch SA; CSG Systems International, Inc.; GoTransverse International, Inc.; Ericsson; Hewlett Packard Enterprise Development LP (HPE); Huawei Technologies Co., Ltd.; NEC Corporation; Oracle Corporation; Optiva Inc.; Mavenir Systems; SAP SE; Tata Consultancy Services Limited (TCS); AGILITY CIS; Comviva; Enghouse Networks; PANAMAX INC; STL.TECH; and Vcare Corporation are the major companies listed in the report.
Reasons to Buy Report
- To understand the North America telecom billing and revenue management market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America telecom billing and revenue management market
- Efficiently plan M&A and partnership deals in the North America telecom billing and revenue management market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form of the North America telecom billing and revenue management market
- Obtain market revenue forecast for market by various segments from 2020 to 2027 in the North American region.
By Component
- Solution
- Billing Management
- Account Management
- Others
- Services
- Professional Services
- Managed services
By Type
- Telecom Billing
- Cloud Billing
- IoT Billing
By Deployment Type
- On-Premise
- Cloud-Based
- Hybrid
By Country
- US
- Canada
- Mexico
Company Profiles
- Accenture PLC
- Nokia Corporation
- Amdocs, Inc.
- Cerillion PLC
- Comarch SA
- CSG Systems International, Inc.
- GoTransverse International, Inc.
- Ericsson
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co., Ltd.
- NEC Corporation
- Oracle Corporation
- Optiva Inc.
- Mavenir Systems
- SAP SE
- Tata Consultancy Services Limited (TCS)
- AGILITY CIS
- Comviva
- Enghouse Networks
- PANAMAX INC
- STL.TECH
- Vcare Corporation
About Us: Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Dรฉfense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications
Authorโs Bio:
Akshay
Senior Market Research Expert at Business Market Insight
