- The key vendors in the Global Telecom Consumer Billing Management Market 2015-2019 are Amdocs Ltd., Convergys Corp., Ericsson (LM) Tel-Sp Adr., Huawei Investment and Holding Co. Ltd. and Oracle Corp.
London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Telecom Consumer Billing Management Market 2015-2019. Automation of network management tools is one of the upcoming trends in the market. Introduction of automation capabilities within management tools is perceived as a progressive change in the Telecom industry. Telecom operators worldwide have commenced development of automated tools to enhance the overall operational efficiency of their billing management systems. The Global Telecom Consumer Billing Management market is expected to grow at a CAGR of 2.03 percent during the period 2014-2019.
“Some of the leading telecom operators have started to avail the services of third-party vendors, such as solution developers and consultants, to reduce costs associated with their existing billing management solutions,” says Faisal Ghaus, Vice President of TechNavio Research.
“Vendors have started to develop integrated revenue optimization solutions, which possess revenue assurance, fraud management, and cost and margin analysis capabilities.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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