Asia Pacific Telecom Billing and Revenue Management Market

Market Introduction

Telecom billing is a procedure of gathering usage data, aggregating it, applying essential charges, and ultimately generating invoices for the customers. The process also contains receiving and recording payments from customers. The billing systems are generally viewed as accounts receivable, as the system assists in the collection of money from the customers. Billing systems are a part of accounts payable as customers frequently use services from other firms such as long-distance, wireless roaming, and call completion through other networks. Revenue management helps predict the behavior of customers, which further helps improve product accessibility and pricing to generate maximum possible revenue. In the last few decades, global telecom operators and Communication Service Providers (CSP’s) have experienced a significant change in numbers of end-users and their demands. Value-added and data services have emerged as a prime revenue sources compared to voice communication revenues; thus, highly growing demographics in different regions and their dynamic demands for respective services have boosted the growth of telecom sector and need for lowering the administrative costs with optimized operational expenses (OPEX).

Telecom companies, CSP’s, and Telco operators across the globe use various advance Business Support Systems (BSS) and services that help them to achieve improved operational efficiency and capability while optimizing resources and achieving high profitability. Telecom companies are focusing on optimizing and achieving efficient billing and revenue management processes, which will further help them to improve their profitability and gain a competitive edge.

Market Overview and Dynamics

The telecom billing and revenue management market in Asia Pacific is expected to grow from US$ 6350.5 million in 2019 to US$ 23007.6 million by 2027; it is estimated to grow at a CAGR of 18.3% from 2020 to 2027. The increasing mobile usage, substantial growth of telecom industry in the last decade, growing data consumption trend, increasing spending trends, demand for innovative solutions, and increasing need for IoT connections are the major factors propelling the growth of telecom billing and revenue management market across the region. However, the high investments and legacy systems are hindering the growth of APAC telecom billing and revenue management market. Despite the limitations, the market is foreseeing significant growth opportunities owing to increasing demand for cloud-based solutions and services, and inception of several trends and technologies.

Key Market Segments

In terms of component, the solution segment accounted for a larger share of the Asia Pacific 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. Based on country, the market is segmented into China, India, Japan, Australia, and Rest of APAC. China held the largest share of the market.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the telecom billing and revenue management market in Asia Pacific 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; PANAMAX INC; STL.TECH; and Vcare Corporation are among the major companies listed in the report.

Reasons to Buy Report

• To understand the Asia Pacific telecom billing and revenue management market landscape and identify market segments that are most likely to guarantee a strong return
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• Obtain market revenue forecast for market by various segments from 2020 to 2027 in the Asia Pacific region.

Asia Pacific Telecom Billing and Revenue Management Market Segmentation

By Component

• Solution
  • Billing Management
  • Account Management
  • Others
• Services
  • Professional Services
  • Managed services

By Type

• Telecom Billing
• Cloud Billing
• IoT Billing

By Deployment Type

• On-Premise
• Cloud-Based
• Hybrid

By Country

• Japan
• China
• India
• Australia
• Rest of APAC

Company Profiles

• 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
• PANAMAX INC
• STL.TECH
• Vcare Corporation

Asia Pacific Telecom Billing and Revenue Management Market Strategic Insights

Asia Pacific Telecom Billing and Revenue Management Market Segmentation Analysis

Asia Pacific Telecom Billing and Revenue Management Market Report Highlights

Asia Pacific Telecom Billing and Revenue Management Report Scope

Asia Pacific Telecom Billing and Revenue Management Market Country and Regional Insights