Global Revenue Assurance Market Report 2023: Need for Automation Solutions for Revenue Assurance Drives Growth


Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Global Revenue Assurance Market (2023-2028) by Component, Solutions, Deployment, Organization Size, Enterprise Vertical, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Revenue Assurance Market is estimated to be USD 6.12 Bn in 2023 and is expected to reach USD 11.51 Bn by 2028, growing at a CAGR of 13.46%.

Market Dynamics

Drivers

  • Rise of the Subscription-Based Economy
  • Rising Focus of Businesses on Enhancing Customer Experience
  • Need for Automation Solutions for Revenue Assurance

Restraints

  • High Dependency on Human-Led Services
  • Stringent Government Regulations

Opportunities

  • Increasing Partnerships Between Telecom Operators and OTT Service Providers
  • Integration of Advanced Technologies

Challenges

  • Lack of Skilled Personnel

Market Segmentations

The Global Revenue Assurance Market is segmented based on Component, Solutions, Deployment, Organization Size, Enterprise Vertical, End-Users, and Geography.

  • By Component, the market is classified into software and Services.
  • By Solutions, the market is classified into Migration Assurance, Usage Assurance, Provisioning Assurance, Billing & Rating Validation, and Roaming and Interconnect Partner Assurance.
  • By Deployment, the market is classified into Cloud and On-Premise.
  • By Organization Size, the market is classified into Large Enterprises and Small & Medium-Sized Enterprises (SMEs).
  • By Enterprise Vertical, the market is classified into Telecom, Utilities, BFSI, and Hospitality.
  • By End-Users, the market is classified into Telecommunication Service Providers (TSPs) and Enterprises.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Revenue Assurance Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Revenue Assurance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Revenue Assurance Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages181
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$6.12 Billion
Forecasted Market Value (USD) by 2028$11.51 Billion
Compound Annual Growth Rate13.4%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Revenue Assurance Market, By Component

7 Global Revenue Assurance Market, By Solutions

8 Global Revenue Assurance Market, By Deployment

9 Global Revenue Assurance Market, By Organization Size

10 Global Revenue Assurance Market, By Enterprise Vertical

11 Global Revenue Assurance Market, By End-Users

12 Americas' Revenue Assurance Market

13 Europe's Revenue Assurance Market

14 Middle East and Africa's Revenue Assurance Market

15 APAC's Revenue Assurance Market

16 Competitive Landscape

17 Company Profiles

18 Appendix

Companies Mentioned

  • Accenture PLC
  • Adapt IT Holdings Ltd.
  • Amdocs Group
  • Araxxe
  • Blackstreet Capital Management, LLC
  • Cognizant
  • DigitalRoute
  • eClerx Services Ltd.
  • Enghouse Systems Ltd.
  • HP, Inc.
  • IBM Corp.
  • Itron
  • Mobileum, Inc.
  • Nokia Corp.
  • Procera Networks
  • Profit Insight
  • Sagacity Solutions
  • Sandvine, Inc.
  • Subex Ltd.
  • Synthesis Systems, Inc.
  • Tata Consultancy Services Ltd.
  • Tech Mahindra Ltd.
  • Telefonaktiebolaget LM Ericsson
  • TEOCO
  • TransUnion
  • Upco International, Inc.
  • Wedo
  • Xintec Technology Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/87wgaw

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Global Revenue Assurance Market

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