TechNavio today launched its report Global Revenue Assurance Market in the Telecom Sector 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavi’os Telecom team said: ”Intense competition and revenue slumps have forced several telecom operators across the globe to cease operations in the Telecom industry. As a result, the Telecom industry is witnessing an increase in mergers and acquisitions. However, following acquisition, the parent companies usually find it difficult to retain its own brand image owing to issues pertaining to revenue management. This is because, after acquisition, the processes of the different companies, such as multiple mediation, billing, and other network systems, need to work in harmony to generate bills. Hence, it is difficult to operate an error-free revenue management system. This issue has encouraged telecom operators to adopt revenue assurance solutions as a means to reduce revenue leakages and to ensure error-free revenue management.”
According to the report, the increasing deployment of next-generation telecom networks is one of the major drivers in the Global Revenue Assurance Market in the Telecom Sector. The next-generation technologies most commonly deployed by various telecom operators are 3G and long-term evolution networks. Further, various telecom operators are integrating multiple networks such as mediation and billing systems, which usually leads to revenue leakages. This revenue leakage arises due to the integration of multiple networks and has induced telecom operators to adopt various revenue assurance solutions, which will lead to the growth of the market during the forecast period.
Further, the report states that the conservative spending habit of telecom operators due to the global economic crisis is one of the major challenges in the Global Revenue Assurance Market in the Telecom Sector Market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are cVidya Networks Inc., Hewlett-Packard Co., Subex Ltd., and WeDo Technologies B.V. The other vendors mentioned in the report are Advanced Technologies and Services Inc., Capana Inc., Cartesian Ltd., Comware Inc., Connectiva Systems Inc., Equinox Information Systems Inc., Martin Dawes Analytics Inc., Neural Technologies Ltd., Teleonto Technology Pvt. Ltd., Teoco Corp., and Xintec Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-revenue-assurance-market-telecom…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Telecom market research, please visit https://www.technavio.com/telecom
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TechNavio Announces the Publication of its Research Report – Global Revenue Assurance Market in the Telecom Sector 2012-2016
