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Global Revenue Assurance Market
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Global Revenue Assurance Market by Component (Software and Services), Deployment Type (Cloud and On-premises), Solution (Migration Assurance, Usage Assurance, Provisioning Assurance, Billing & Rating Validation, and Roaming & Interconnect Partner Assurance), End Users (TSPs, Enterprise), and Industry Vertical (BFSI, Telecom & IT, Government, Hospitality, and Others): – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2031
In 2021, the market for Global Revenue Assurance Market worldwide was worth $ 3.8 billion for the year 2021. The market will reach US$ 12.3 billion by 2031, growing at a CAGR of 11.3 % between 2022 and 2031. We are constantly tracking and evaluating the pandemic’s direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor.
| Attribute | Key Insights |
| Estimated Market Value (2020) | 3.8 USD Billion |
| Forecasted Market Value (2028) | 12.5 USD Billion |
| CAGR % 2023-2028 | 11.3%` |
| Leading Region | North America |
Market Dynamics
From SS7 probes to the billing system, an end-to-end revenue assurance system plugs into various network components. It is able to connect to a wide range of support systems and network components, allowing it to process usage data, keep track of discrepancies, and spot potential revenue leaks. In addition, the operator needs to look for revenue assurance systems that can build a workflow that reflects the company’s current procedures and has the flexibility to accommodate new workflows as they develop.
In order to deal with any new risks that could result in revenue loss, the revenue assurance and fraud management departments of various telecommunications companies constantly develop new strategies. In addition, in order to develop a comprehensive risk management framework, a robust risk mitigation strategy is anticipated to include automating the volumetric tasks carried out by various teams and integrating revenue assurance and fraud management systems with intelligent automation tools like robotic process automation and cognitive analysis tools. Effective management of the company’s revenue from all sources is necessary for revenue assurance. Companies’ income streams become increasingly complex as a result of their diverse business segments, multiple income and expenditure sources, and various mergers, acquisitions, partnerships, and collaborations with other businesses. The World Economic Forum stated that in the Fourth Industrial Revolution, the skills gap across industry verticals is anticipated to widen. As a result, despite the fact that revenue assurance software aids in revenue management and reduces revenue leakage, the revenue assurance market is likely to expand ineffectively due to a lack of skilled labor and organizational management.
COVID Impact
Major players in the revenue assurance market ensure that the COVID-19 situation will have a minimal effect on their customers’ businesses in light of the pandemic. In some countries, data is being used as a tool to track and contain the spread of the virus, while in others, companies are making changes for the benefit of their customers, who require networking services at this time. Telecommunications companies also look at how COVID-19 affects their planned investments, particularly in 5G.
The global market for revenue assurance has expanded by nearly 8% in the past five years, according to a Deloitte report released in April 2021. Since the majority of businesses already have plans in place for business continuity, the COVID-19 pandemic has resulted in an increase of 10% in overall telecom traffic and a 20% increase in viewership on streaming platforms.
Regional Trend
North America is home to developed nations with established infrastructures, ISPs, and CSPs, all of which contribute to the region’s high demand for revenue assurance solutions. The US and Canada are the two nations that contribute the most to the North American market; their supremacy is due to their economies’ long histories, which have allowed them to make significant investments in cutting-edge technology like 5G and network virtualization. Other significant aspects that affect the adoption of revenue assurance solutions in the region include the increase in subscription-based data, the existence of significant revenue assurance providers, and improved telecom network infrastructure.
Competitive Landscape
The report includes competitive landscape based on the extensive assessment of the product portfolio offering, geographic presence, and key strategic developments adopted by the leading market players in the industry over the past 5 years. The key players profiled are Amdocs, Araxxe Inc, Adapt IT, Cartesian, Digital Route, eClerx, HPE, Itron, Nokia, Profit Insight, Sagacity Solutions, Sandvine, Sigos, Subex, Synthesis Systems, TCS, Teoco, Transunion, and WeDo, and Xintec. These players have adopted various growth strategies, such as partnerships and new service launches, to expand their presence further in the MEA WaaS market and broaden their customer base.
By Component
Solutions
Services
Planning and Consulting
Implementation and Customization
Support and Maintenance
Managed Services
By Deployment Type
Cloud
On-premise
By Solution
Migration Assurance
Usage Assurance
Provisioning Assurance
Billing & Rating Validation
Roaming & Interconnect Partner Assurance
By End User
TSPs
Enterprises
By Industry Vertical
BFSI
Telecom & IT
Government
Hospitality
Others
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa.
ToC
- Global Revenue Assurance Market Introduction and Market Overview
- Objectives of the Study
- Global Revenue Assurance Market Scope and Market Estimation
- Global Revenue Assurance Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 – 2032)
- Global Revenue Assurance Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 – 2032
- Market Segmentation
- Solution of Global Revenue Assurance Market
- Deployment of Global Revenue Assurance Market
- Verticals of Global Revenue Assurance Market
- Region of Global Revenue Assurance Market
- Executive Summary
- Market Factor Analysis
- Global Revenue Assurance Market Industry Trends under COVID-19 Outbreak
- Global COVID-19 Status Overview
- Influence of COVID-19 Outbreak on Global Revenue Assurance Market Industry Development
- Market Dynamics, By Region
- Drivers
- Limitations
- Opportunities
- Impact Analysis of Drivers and Restraints
- Global Revenue Assurance Market – Pricing Trends Analysis & Average Selling Prices (ASPs)
- End-User / Customer Preferences & Consumer Surveys
- Technology Roadmap & Key Innovations /Developments
- Key Mandates & Regulatory Scenario Analysis
- Patents Landscape
- Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- PEST Analysis
- Political Factors
- Economic Factors
- Social Factors
- Technological Factors
- SWOT Analysis
- ANSOFF Matrix
- Market Penetration Strategy
- Product Development Strategy
- Market Development Strategy
- Diversification Strategy
- Market Investment Feasibility Analysis
- Opportunity Map Analysis
- Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
- Global Revenue Assurance Market Industry Trends under COVID-19 Outbreak
- Global Revenue Assurance Market Estimates & Historical Trend Analysis (2019 – 2022)
- Global Revenue Assurance Market Estimates & Forecast Trend Analysis, by Solution
- Global Revenue Assurance Market Revenue (US$ Mn) Estimates and Forecasts, by Solution, 2019 to 2032
- Migration Assurance
- Usage Assurance
- Provisioning Assurance
- Billing & Rating Validation
- Roaming & Interconnect Partner Assurance
- Global Revenue Assurance Market Estimates & Forecast Trend Analysis, by Deployment
- Global Revenue Assurance Market Revenue (US$ Mn) Estimates and Forecasts, by Deployment, 2019 to 2032
- On Premise
- Cloud
- Global Revenue Assurance Market Estimates & Forecast Trend Analysis, by Verticals
- Global Revenue Assurance Market Revenue (US$ Mn) Estimates and Forecasts, by Verticals, 2019 to 2032
- BFSI
- Telecom & IT
- Government
- Hospitality
- Others
- Global Revenue Assurance Market Estimates & Forecast Trend Analysis, by Region
- Global Revenue Assurance Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- Global Revenue Assurance Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032
- North America Revenue Assurance Market: Estimates & Forecast Trend Analysis
- North America Revenue Assurance Market Assessments & Key Findings
- Revenue Assurance Market Introduction
- Revenue Assurance Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Solution
- By Deployment
- By Verticals
- By Country
- The U.S.
- Canada
- Mexico
- North America Revenue Assurance Market Assessments & Key Findings
- Europe Revenue Assurance Market: Estimates & Forecast Trend Analysis
- Europe Revenue Assurance Market Assessments & Key Findings
- Revenue Assurance Market Introduction
- Revenue Assurance Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Solution
- By Deployment
- By Verticals
- By Country
- Germany
- K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Europe Revenue Assurance Market Assessments & Key Findings
- Asia Pacific Revenue Assurance Market: Estimates & Forecast Trend Analysis
- Asia Pacific Market Assessments & Key Findings
- Revenue Assurance Market Introduction
- Revenue Assurance Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Solution
- By Deployment
- By Verticals
- By Country
- China
- Japan
- India
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Asia Pacific Market Assessments & Key Findings
- Middle East & Africa Revenue Assurance Market: Estimates & Forecast Trend Analysis
- Middle East & Africa Market Assessments & Key Findings
- Revenue Assurance Market Introduction
- Revenue Assurance Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Solution
- By Deployment
- By Verticals
- By Country
- A.E.
- Saudi Arabia
- Egypt
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa Market Assessments & Key Findings
- South America Revenue Assurance Market: Estimates & Forecast Trend Analysis
- South America Market Assessments & Key Findings
- Revenue Assurance Market Introduction
- Revenue Assurance Market Size Estimates and Forecast (US$ Million) (2019 – 2031)
- By Solution
- By Deployment
- By Verticals
- By Country
- Brazil
- Argentina
- Colombia
- Rest of South America
- South America Market Assessments & Key Findings
- Competition Landscape
- Revenue Assurance Market Competition Index, By Leading Players
- Revenue Assurance Market Competition White Space Analysis, By Application / End-user
- Revenue Assurance Market Competition Heat Map Analysis, By Products / Services / Solutions
- Revenue Assurance Market Competition Regional Intensity Map Analysis, By Geographies Served
- Revenue Assurance Market Concentration & Company Market Shares (%) Analysis, 2022
- Revenue Assurance Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
- Company Profiles
- Accenture plc
- Company Overview & Key Stats
- Financial Performance & KPIs
- Product / Service / Solutions Portfolio & Applications / End-uses
- Business Strategy & Recent Developments
- Accenture plc
* Similar details would be provided for all the players mentioned below
- Amdocs
- Araxxe
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Subex Limited
- Tata Consultancy Services Limited
- Tech Mahindra Limited
- Telefonaktiebolaget LM Ericsson
- TEOCO
- WeDo Technologies
- Others
- Research Methodology
- External Sources / Databases
- Internal Proprietary Database
- Primary Research
- Secondary Research
- Assumptions
- Limitations
- Report FAQs
- Research Findings & Conclusion
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