DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2xf3v2/global_revenue) has announced the addition of the "Global Revenue Assurance Market in the Telecom Sector 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Revenue Assurance market in the Telecom sector to grow at a CAGR of 12.61 percent over the period 2012-2016. One of the key factors contributing to this market growth is the declining revenue of telecom operators and the need to increase profit margins. The Global Revenue Assurance market in the Telecom sector has also been witnessing the increasing adoption of integrated revenue optimization solutions. However, integration of revenue assurance solutions with operation support systems and business support systems could pose a challenge to the growth of this market.
This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it covers the Global Revenue Assurance market in the Telecom sector market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from TechNavio's 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 key vendors dominating this 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 & 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.
Key questions answered in this report:
- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
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