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Convergent Billing Market worth $7.88 Billion by 2019
The report "Convergent Billing Market by Solution (Customer Relationship Management, Settlement and Payment Management, Voucher Management, Mediation), and by Modes (Managed Services, Consulting Services, Training and Education) - Global Forecast to 2019" defines and segments the Convergent Billing market into various sub-segments with in-depth analysis and forecasting of revenues. It also identifies drivers and restraints of this market with insights on trends, opportunities, and challenges.
Browse 71 market data tables with 43 figures spread through 118 pages and in-depth TOC on "Convergent Billing Market by Solution (Customer Relationship Management, Settlement and Payment Management, Voucher Management, Mediation), and by Modes (Managed Services, Consulting Services, Training and Education) - Global Forecast to 2019"
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The growth in telecommunication sector is expected to be a major driver for increasing demand for convergent billing solutions. Further driving force would be the wireless subscription market and smart devices market. The convergent billing communication platform enables a centralized interaction and facilitates communication among the end users.
This MarketsandMarkets report outlines the key trends that will shape the evolution of Convergent Billing. The report is segmented into Convergent Billing’s solutions, deployment types, services and regions. Also, this research report analyzes global adoption trends, future growth potential, competitive outlook, ecosystem, and best practices in this market.
This report speaks about the expected market size for the various solutions and services involved in the operations and infrastructure of Convergent Billing. It also highlights the revenue potential of the various communication technologies used for the operations of Convergent Billing. The report consists of the opportunity analysis of various technologies involved such as customer relationship management, partner relationship management, and service provisioning management, voucher management, revenue assurance, fraud management and others. The report analyzes market sizes and revenue forecasts across different regions such as North America (NA), Asia-Pacific (APAC), Europe, Latin America (LA), and Middle East and Africa (MEA).
The Convergent Billing market is expected to grow from $2.86 billion in 2014 to $7.88 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 22.2% from 2014 to 2019.
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