Quick Summary:
Within the thriving telecom industry, the Global Telecom Billing and Revenue Management Market stands out. Navigating into this sector is becoming critical with a projected revised size of US$24.3 Billion by 2030 from an initial estimation of US$14 Billion in 2022. As one of the essential value-added segments, Solutions is projected to make a substantial leap over the analysis period, reaching US$15.1 Billion. This rise coincides with the post-pandemic recovery and signifies rewarding prolific opportunities.
Understanding strategic economies is crucial, placing a spotlight on the U.S., China, Japan, Canada, and Germany as noteworthy markets. China, predicted to grow at 11.8% CAGR, is forecasted to reach a projected market size of US$6 Billion by 2030, signifying a significant gain in revenue. Across the board, this report is engineered to provide vital insights and opportunities, making it an essential tool for any business executive operating in telecom or considering entering this growing market.
Global Telecom Billing and Revenue Management Market to Reach $24.3 Billion by 2030
The global market for Telecom Billing and Revenue Management estimated at US$14 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$15.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 8.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 11.8% CAGR
The Telecom Billing and Revenue Management market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 46 Featured) -
- Accenture PLC
- Alcatel-Lucent SA
- Amdocs, Inc.
- Ericsson AB
- Hewlett-Packard Development Company LP
- Huawei Technologies Co., Ltd.
- NEC Corporation
- Oracle Corporation
- SAP SE
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Telecom Billing and Revenue Management?
What is the growth rate of the Global Market for Telecom Billing and Revenue Management?
What is the forecasted size of the Global Market for Telecom Billing and Revenue Management?
Who are the key companies in the Global Market for Telecom Billing and Revenue Management?
| Report Attribute | Details |
|---|---|
| No. of Pages | 173 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 14 Billion |
| Forecasted Market Value ( USD | $ 24.3 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Accenture PLC
- Alcatel-Lucent SA
- Amdocs, Inc.
- Ericsson AB
- Hewlett-Packard Development Company LP
- Huawei Technologies Co., Ltd.
- NEC Corporation
- Oracle Corporation
- SAP SE
