Global Telecom Cloud Billing Market at a CAGR of 28.50% Growth, Trends
Posted by kelvindbmr on January 3rd, 2020
Global telecom cloud billing market is set to witness a healthy CAGR of 28.50% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market value can be attributed due to increasing advancement in adoption of cloud-based technologies, mobile penetration and high subscriber growth and need for real-time billing and increased demand for bundled services.
Major Market Players
Few of the major competitors currently working in the global telecom cloud billing market are AMDOCS, Oracle, CGI Inc., Telefonaktiebolaget LM Ericsson, Netcracker, Cerillion Technologies Limited, AsiaInfo Technologies Limited, Optiva, Inc., Huawei Technologies Co., Ltd., Tech Mahindra Limited, DXC Technology Company, Vodafone Group, Verizon, NTT Communications Corporation, Deutsche Telekom AG, CenturyLink, BT, AT&T Intellectual Property among others
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Telecom billing solutions provide a broad range of operations ranging from voice and information utilization monitoring, aggregating, charging the corresponding tariffs, producing client invoices, allowing customer relationship management by the seller for multiple mobile network operators through multiple cloud-based solutions based on government, private, or hybrid cloud.
Global telecom cloud billing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of telecom cloud billing market for global, Europe, North America, Asia-Pacific Middle East & Africa and South America,
Segmentation: Global Telecom Cloud Billing Market
Key Insights in the report:
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About the Authorkelvindbmr
Joined: September 30th, 2019
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