Global Telecom Billing & Revenue Management size is expected to register a steady CAGR of 11.0% during the forecast to 2027. The geographic analysis of the market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Global Telecom Billing and Revenue Management Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2027
Global Telecom Billing and Revenue Management Market Business
Revenue, Future Scope, Market Trends, Key Players And Forecast To
2027
Regional Analysis
Global Telecom Billing & Revenue Management size is expected to register a steady CAGR of 11.0%
during the forecast to 2027. The geographic analysis of the market has been conducted for North
America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America is expected to be the dominating region in terms of the adoption of telecom billing &
revenue management software & services. North American market has been segmented into the US,
Canada, and Mexico. The US is expected to lead the country-level market, while Canada is projected
to be the fastest-growing segment during the forecast period. The US market is expected to report the
highest market share, owing to the factors such as faster adoption of advanced technologies to
enhance customer experience and enhance revenue generating streams across business models.
Additionally, the North American market for telecom billing & revenue management software and
services is expected to grow further due to presence of key players in the region such as Netcracker
(US), CSG Systems International, Inc. (US), Oracle (US), Emida (US), Infozech (US), and
IntegraTouch, LLC. (US). These players are competing to deliver with advanced telecom billing &
revenue management software and services that are future ready, capable of adopting to any major
policies, and truly agile in terms of software development and deployment capabilities.
For the purpose of analysis, the European market has been divided into the UK, Germany,
France, and the rest of Europe. In terms of market size, Europe is expected to be the second-
largest region globally to adopt telecom billing & revenue management solutions and services
that strictly comply with the Telecommunications Single Market (TSM) Regulation by European
Union. The UK is projected to be the leading country-level market owing to higher adoption from
various end-use verticals.
The telecom billing & revenue management market in Asia-Pacific region is projected to grow at
the fastest rate over the forecast period, with the regional market being segmented into China,
Japan, India, and the rest of Asia-Pacific. This growth is attributed to the rapid economic
developments, increasing cellular subscriber base, rise in use of smartphones, rapid
development across OTT platforms, and digital innovation in major countries including China,
Japan, India, among others. Furthermore, IT & telecom companies in the region are developing
their capabilities to offer innovative product offerings to enhance customer retention and enrich
experience.
The market in the Middle East & Africa and South America is expected to register steady growth
during the forecast period. The demand is contributed by the industrialization and digital
transformation across the industry is expected to continue adoption of telecom billing & revenue
management platform over the forecast period.
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Key Players
According to MRFR analysis, Netcracker (US), CSG Systems International, Inc. (US),
Oracle (US), Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd.
(China), SAP SE (Germany), Comarch SA (Poland), Sterlite Technologies Limited (India),
Emida (US), Commerx (Canada), Optiva, Inc. (Canada), iNiSolution (Lebanon), Infozech
(US), and IntegraTouch, LLC. (US), and ZCOM Systems (Canada). The key strategies
adopted by most of the players are partnerships, agreements, product developments, and
collaborations.
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