The Telecom Cloud Billing Services – Research Report provides in-depth analysis of the present scenario and growth prospects considering geographic regions, top vendor analysis, market size, share, dynamics, segmentation by product and application including detail list of exhibits. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
The analysis forecasts telecom cloud billing services reached a market size of USD 2.3 billion in 2014. The market is dominated by prepaid subscribers with close to 79% of GSM subscribers using these services. Most telecom operators cater to the requirements of this market. Currently, many telecom service providers are adopting a customer-centric business model to increase their prepaid customer base. As a result, they are combining multiple services and offering bundled services based on individual requirements.
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Such business models require real-time billing for every individual service usage. Because of the customer-centric approach, the demand for bundled services is increasing rapidly in the prepaid customer segment. The market is experiencing the growing prevalence of many operation support systems (OSS)/ and business support systems (BSS) solutions that accommodate multiple services and a large subscriber base for real-time and online billing processes. As per the market forecast, most telecom operators are likely to shift to an online billing process for bill generation and payment receipt during the forecast period.
To calculate the market size, Technavio market research analysts have considered revenue generated from the sale of cloud billing services, that include subscription and update charges. The revenue from the following segments is considered:
• Embedded billing
• Convergent billing
• D2C billing
• Prepaid billing
• Post-paid billing
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The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The increased usage of data services being provided by telecom operators has created a need for a robust billing system. Intense competition in the global telecom billing software market drives the adoption of telecom billing software. To counter the declining average revenue per user, telecom operators are expected to capitalize on value-added services (VAS). It is expected to emerge as a key revenue channels in developed markets such as North America and Europe.
Other prominent vendors in the market include Amazon, Aria Systems, BMC Software, Cerillion, ChargeBee, Chargify, Cloudability, Comarch, Convergys, cVidya, Ericsson, IBM, Recurly, Redknee, SAP, Vindicia, and Zuora.
The Telecom Cloud Billing Services – Research Report Market is divided into the following segments based on geography:
In the end, the report makes some important proposals for a new project of Telecom Cloud Billing Services Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of global market 2015-2019 industry covering all important parameters.
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Key questions answered in this Telecom Cloud Billing Services – Research Report Market 2016-2020 report
• What are the key factors driving the telecom cloud billing services market?
• What are the key market trends impacting the growth of the telecom cloud billing services market
• What are the various opportunities and threats faced by the vendors in the telecom cloud billing services market?
• Trending factors influencing the market shares for EMEA, APAC, and Americas?
• Key outcome of the five forces analysis on the telecom cloud billing services market?
• Growth forecast of the telecom cloud billing services market until 2019?
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