Europe Telecom Billing and Revenue Management Market

Market Introduction

Increasing mobile phone penetration worldwide and high growth in the subscriber base in various regions is among the prime factors driving the global telecom billing and revenue management market. High capital expenses (CAPEX) requirements to upgrade existing network infrastructure and establish a new one, and complex regulatory environment are a few of the factors hindering the global telecom billing and revenue management market. Providing telecom billing and revenue management systems using cloud and IoT technology is trending nowadays across the world. The telecom enterprises are set to become one of the main beneficiaries of the cloud and IoT industry in the coming years by receiving large revenues from numerous types of paid services, accomplishing rise in profit margin, building their brand of cloud service system through the analysis of user needs. Further, the growing preference and shift towards cloud and IoT solutions and services are providing an opportunity for the growth of the telecom billing and revenue management market players. These technologies have changed the communications landscape by allowing various devices to interact with each other.

Market Overview and Dynamics

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.

Key Market Segments

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.

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 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.

Reasons to Buy Report

• To understand the Europe telecom billing and revenue management market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for the Europe telecom billing and revenue management market
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• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form of the Europe telecom billing and revenue management market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in the European region.

Europe 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

• France
• Germany
• Italy
• Spain
• U.K
• Rest of Europe

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

Europe Telecom Billing and Revenue Management Market Strategic Insights

Europe Telecom Billing and Revenue Management Market Segmentation Analysis

Europe Telecom Billing and Revenue Management Market Report Highlights

Europe Telecom Billing and Revenue Management Report Scope

Europe Telecom Billing and Revenue Management Market Country and Regional Insights