Market Size – USD 10.90 Billion in 2020, Market Growth - CAGR of 11.07%

NEW YORK CITY, NEW YORK, USA, August 11, 2022 /EINPresswire.com/ -- The Telecom Billing market is expected to grow from USD 10.90 Billion in 2020 to USD 26.31 Billion by 2028, at a CAGR of 11.07% during the forecast period. Growth in the telecommunication sector, usage of innovative services, an escalating number of customers are fostering the market growth. Issues like the fallout of services and network congestion are increasing and begetting a structural evolution in demand for the expansion of effective billing and revenue management solutions.

Global telecom billing software market is fuelled by growing mobile penetration and consumer base in emerging economies. However, quick growth of subscribers, network clogging, interoperability issue and the fallout of services area are some key factors hampering the market growth.
Players will require increased investments to tackle these challenges and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the Telecom Billing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

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Top 10 Profiled in the Telecom Billing Market Report:
• Accenture (Ireland)
• Alcatel-Lucent S.A. (France)
• Amdocs Inc. (US)
• CERILLION PLC (UK)
• Ericsson (Sweden)
• goTransverse International (US)
• Hewlett-Packard Development Company (US)
• Netcracker (US)
• XURA (US)
• SAP SE (Germany)

Market Segmentation:
Software Outlook (Revenue, USD Billion; 2018-2028)
• Mediation
• Billing and charging
• Partner and interconnect management
• Revenue assurance
• Fraud management

Service Outlook (Revenue, USD Billion; 2018-2028)
• Planning and consulting services
• Operations and maintenance services
• System integration
• Managed services

Deployment Outlook (Revenue, USD Billion; 2018-2028)
• Cloud
• On-premises

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Key Takeaways of the Telecom Billing Market Report:
• A comprehensive overview of the global Telecom Billing industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the Telecom Billing Market.
• Elaborate study of the leading regional markets in the Telecom Billing Market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

Key Regional Markets Covered in the Report:
• North America
o U.S.
o Canada
o Mexico

• Europe
o Russia
o U.K.
o Germany
o France
o BENELUX
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Latin America
o Brazil
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o U.A.E.
o Israel
o Rest of Middle East & Africa

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