The telecom billing solutions include various activity including the process of usage tracking for data and voice, generating invoices, levying charges upon respective tariffs, aggregating, enabling CRM (customer relationship management) through the various cloud-based solutions on private, and hybrid cloud. The several services offered by telecom operators such as VOIP, IPTV, data, voice, post-paid and prepaid services with different payment models; all of these need to be served on a single system, thereby increasing adoption of cloud-based billing that propelling the growth of the market. Moreover, rapid economic development, increasing penetration of smartphones, and rapid internet adoption in individual customers are also positively impacting the telecom cloud billing market.
MARKET DYNAMICS
Lower operational & administration costs, high subscriber growth, and increased demand for bundled services are some factors that driving the telecom cloud billing market growth. However, stringent telecom regulations and the use of legacy systems may hamper the growth of the telecom cloud billing market. Furthermore, advancement and increase in the adoption of cloud-based technologies, increasing mobile penetration, and the need for real-time billing are expected to propel the growth of the telecom cloud billing market in the coming year.
MARKET SCOPE
The "Global Telecom Cloud Billing Market Analysis to 2028" is a specialized and in-depth study of the telecom cloud billing industry with a special focus on the global market trend analysis. The report aims to provide an overview telecom cloud billing market with detailed market segmentation as billing type, deployment, application, rate of charging mode, services, end-user, and geography. The global telecom cloud billing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading telecom cloud billing market players and offers key trends and opportunities in the telecom cloud billing market.
MARKET SEGMENTATION
The global telecom cloud billing market is segmented on the basis of billing type, deployment, application, rate of charging mode, services, end-user. On the basis of billing type the market is segmented as convergent, prepaid, postpaid, interconnect, roaming, others. On the basis of deployment the market is segmented public, private, hybrid. On the basis of application the market is segmented as revenue management, account management, customer management. On the basis of rate of charging mode the market is segmented as subscription based, usage based. On the basis of services the market is segmented as professional, managed. On the basis of end-user the market is segmented as individuals, enterprises.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Telecom cloud billing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Telecom cloud billing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Telecom cloud billing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the telecom cloud billing market in these regions.
MARKET PLAYERS
The reports cover key developments in the telecom cloud billing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from telecom cloud billing market are anticipated to lucrative growth opportunities in the future with the rising demand for telecom cloud billing in the global market. Below mentioned is the list of few companies engaged in the telecom cloud billing market.
The report also includes the profiles of key telecom cloud billing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amdocs
- AsiaInfo Technologies Limited
- Cerillion
- CGI Group, Inc.
- Huawei Technologies Co., Ltd.
- NetCracker Technology Corporation (NEC Corporation)
- Optiva, Inc.
- Oracle Corporation
- Tech Mahindra Limited
- Telefonaktiebolaget LM Ericsson
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.