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Europe Telecom Billing and Revenue Management Market
No. of Pages: 235 | Report Code: TIPRE00013338 | Category: Technology, Media and Telecommunications
No. of Pages: 235 | Report Code: TIPRE00013338 | Category: Technology, Media and Telecommunications
Increasing mobile phone penetration worldwide and high growth in the subscriber base in various regions
Strategic insights for the Europe Telecom Billing and Revenue Management provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 4918.5 Million |
Market Size by 2027 | US$ 13806.0 Million |
Global CAGR (2020 - 2027) | 14.6% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Telecom Billing and Revenue Management refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The telecom billing and revenue management market in Europe is expected to grow from US$ 4918.5 million in 2019 to US$ 13806.0 million by 2027; it is estimated to grow at a CAGR of 14.6% from 2020 to 2027. The increase in number of internet users, growth of telecom industry, improving needs for innovative billing and revenue management solutions, and increasing number of IoT connections are the major factors propelling the growth of telecom billing and revenue management market in Europe. However, the legacy systems and high investments are hindering the growth of telecom billing and revenue management market. Despite of the limitations, the market is foreseeing significant growth opportunities such as, development of several new technologies and growing adoption of cloud-based solutions and services.
In terms of component, the solution segment accounted for a larger share of the Europe 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. Further, in terms of deployment type, on-premise segment held the largest share of the market. Geographically, the market is segmented into France, Germany, Italy, Spain, the UK, and Rest of Europe. Germany held the largest share of the market.
A few major primary and secondary sources referred to for preparing this report on the telecom billing and revenue management market in Europe 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.; Fiserv, Inc.; Ericsson; Hewlett Packard Enterprise Development LP (HPE); Huawei Technologies Co., Ltd.; Mphasis; NEC Corporation; Oracle Corporation; Optiva Inc.; Mavenir Systems; SAP SE; Tata Consultancy Services Limited (TCS); AGILITY CIS; Comviva; Enghouse Networks; and STL.TECH are the major companies listed in the report.
The Europe Telecom Billing and Revenue Management Market is valued at US$ 4918.5 Million in 2019, it is projected to reach US$ 13806.0 Million by 2027.
As per our report Europe Telecom Billing and Revenue Management Market, the market size is valued at US$ 4918.5 Million in 2019, projecting it to reach US$ 13806.0 Million by 2027. This translates to a CAGR of approximately 14.6% during the forecast period.
The Europe Telecom Billing and Revenue Management Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Telecom Billing and Revenue Management Market report:
The Europe Telecom Billing and Revenue Management Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Telecom Billing and Revenue Management Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Telecom Billing and Revenue Management Market value chain can benefit from the information contained in a comprehensive market report.