Telecom Cloud Billing Market Ongoing Trends and Recent Developments by 2027 - Amdocs, AsiaInfo, Cerillion, CGI, Huawei, NetCracker Technology, Optiva, Oracle, Tech Mahindra, Telefonaktiebolaget

Telecom Cloud Billing Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.

The telecom billing solutions include various activity including the process of usage tracking for data and voice, generating invoices, levying charges upon respective tariffs, aggregating, enabling CRM (customer relationship management) through the various cloud-based solutions on private, and hybrid cloud. The several services offered by telecom operators such as VOIP, IPTV, data, voice, post-paid and prepaid services with different payment models; all of these need to be served on a single system, thereby increasing adoption of cloud-based billing that propelling the growth of the market. Moreover, rapid economic development, increasing penetration of smartphones, and rapid internet adoption in individual customers are also positively impacting the telecom cloud billing market.

Lower operational & administration costs, high subscriber growth, and increased demand for bundled services are some factors that driving the telecom cloud billing market growth. However, stringent telecom regulations and the use of legacy systems may hamper the growth of the telecom cloud billing market. Furthermore, advancement and increase in the adoption of cloud-based technologies, increasing mobile penetration, and the need for real-time billing are expected to propel the growth of the telecom cloud billing market in the coming year.

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The reports cover key developments in the Telecom Cloud Billing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Telecom Cloud Billing market are anticipated to lucrative growth opportunities in the future with the rising demand for Telecom Cloud Billing market in the global market.

Key Players Influencing the Market

• Amdocs
• AsiaInfo Technologies Limited
• Cerillion
• CGI Group, Inc.
• Huawei Technologies Co., Ltd.
• NetCracker Technology Corporation (NEC Corporation)
• Optiva, Inc.
• Oracle Corporation
• Tech Mahindra Limited
• Telefonaktiebolaget LM Ericsson

The “Global Telecom Cloud Billing Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Telecom Cloud Billing market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Telecom Cloud Billing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Telecom Cloud Billing market players and offers key trends and opportunities in the market.

The global telecom cloud billing market is segmented on the basis of billing type, deployment, application, rate of charging mode, services, end-user. On the basis of billing type the market is segmented as convergent, prepaid, postpaid, interconnect, roaming, others. On the basis of deployment the market is segmented public, private, hybrid. On the basis of application the market is segmented as revenue management, account management, customer management. On the basis of rate of charging mode the market is segmented as subscription based, usage based. On the basis of services the market is segmented as professional, managed. On the basis of end-user the market is segmented as individuals, enterprises.

Besides this, the report analyzes factors affecting Telecom Cloud Billing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Telecom Cloud Billing Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Telecom Cloud Billing market based on the type and application. It also provides market size and forecast till 2027 for overall Telecom Cloud Billing market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Answers that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the Telecom Cloud Billing Market.
• Key market trends cracking up the growth of the Telecom Cloud Billing Market.
• Challenges to market growth.
• Key vendors of Telecom Cloud Billing Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Telecom Cloud Billing Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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This release was published on openPR.