Global Telecom Cloud Billing Services - Market Research Report 2015-2019 - Market Forecast 2016-25 : Trend, Size, Share, Analysis, Growth, New Projects
"Global
Telecom Cloud Billing Services - Market Research Report 2015-2019"
The Report covers current Market Trends, Analysis, Forecast, Review,
Share, Size, Growth, Effect.
Description-
Market
demand for real-time and online billing processes
Technavio
market research analysts estimate, 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.
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.
Research
scope of the global telecom cloud billing services market
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
Geographical
segmentation of the global telecom cloud billing services market
APAC
Americas
EMEA
In
terms of telecom billing, APAC leads the market with approximately
35% market share due to the increase in the number of mobile
subscriptions in the region. In China, the increasing adoption of
multiple telecom services by customers drives the market. In India,
due to the increased competition, many communication service
providers are providing flexible tariff plans and multiple services.
The market scenario in APAC will present a significant opportunity
for cloud billing services companies in the region through 2019.
Vendor
landscape of the global telecom cloud billing services 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.
Amdocs
CSC
CGI
NetCracker
Oracle
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.
Key
questions answered in the 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?
Technavio
also offers customization on reports based on specific client
requirement.
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