The MMR report covers all the trends and technologies playing a major role in the growth of the global convergent billing market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth over 2020-2026. The major factors responsible for the growth of convergent billing market are increase in customer base, growth in telecommunication sector, and demand for innovative billing services.
The study is consolidated based on two major segments such as Solution (Customer Relationship Management, Settlement and payment management, Voucher management, Mediation, Others), Services (Consulting services, Managed services, Customization services), and Deployment (Hosted, On-premise), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Among the services, the managed services segment was valued at US$ XX.44 bn in 2019 and is expected to reach US$ XX.43 bn. by 2026 at a CAGR of xx% over the forecast period. This growth is attributed to the various enterprises that prefer to outsource their payment and billing functions to concentrate on their major functions.
In 2020, Europe occupied the largest XX% market share thanks to high business demand for convergent billing systems across the USA. However, APAC accounts for the second-highest revenue share contribution to the global convergent billing market, followed by markets in North America.
Key players operating in the Global Convergent Billing Market are Alcatel-Lucent S.A., SAP SE, Amdocs, Inc., Comverse, Inc., Csg International, Elitecore Technologies Pvt. Ltd., Huawei Technologies Co., Ltd., International Business Machines, Orga Systems Gmbh, Redknee, Inc., Others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Convergent Billing Market”
https://www.maximizemarketresearch.com/market-report/global-convergent-billing-market/86802/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908