DUBLIN--(BUSINESS WIRE)--The "Global Revenue Assurance Market By Component, By Deployment Type, By Vertical, By Region, Industry Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The Global Revenue Assurance Market is expected to reach $7.7 billion by 2026, rising at a market growth of 14.4% CAGR during the forecast period.
Globally, telecommunications operators lose billions of dollars annually through revenue leakage caused by inadequate internal control, systems and fraud. Nevertheless, despite the awareness of its significance, many service providers are continually faced with problems related to revenue leakage. As the new access and service delivery systems adapt their networks to a more complex infrastructure, there is constant need to change services, in order to meet the needs of the market.
The increasing effect of revenue leakage is projected to contribute to a greater development in demand for revenue assurance solutions and services. In addition, increasing awareness of the serious impact of revenue leakage on the overall profitability of the organization is likely to drive the market in the years to come.
The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix, Tata Consultancy Services Ltd., IBM Corporation, and Accenture PLC are the forerunners in the Revenue Assurance Market. Companies such as Amdocs Limited, Subex Limited, Nokia Corporation, and Itron, Inc., Hewlett Packard Enterprise Company, and Tech Mahindra Limited are some of the key innovators in the market.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Accenture PLC, Hewlett Packard Enterprise Company, IBM Corporation, Tata Consultancy Services Ltd., Tech Mahindra Limited, Nokia Corporation, Itron, Inc., Subex Limited, Amdocs Limited, and Araxxe SAS.
Partnerships, Collaborations and Agreements
Mar-2020: Tata Consultancy Services came into collaboration with Bharti Airtel. The collaboration was focused on accelerating the former company's digital transformation journey. Under the collaboration, Airtel is expected to leverage TCS' HOBS product portfolio management (PPM) solution.
Feb-2020: IBM announced partnership with C3.ai, a leading enterprise AI software provider. The partnership was focused on bringing enterprise artificial intelligence (AI) solutions across industries globally. Together, C3.ai and IBM Services aimed to provide a powerful platform for companies seeking to dramatically reduce cost and risk, accelerate deployment, and quickly generate financial returns from their digital transformation programs.
Jan-2020: Subex extended its partnership with Jawwal, the foremost mobile network operator in Palestine. The partnership was aimed at providing an upgrade with the latest versions of ROC Revenue Assurance and ROC Fraud Management. With the help of Subex's revenue assurance and fraud management solutions, Jawwal is expected to transform itself into a holistic digital service provider by using insights into their business/ operations support systems (B/OSS) and avail a comprehensive coverage against traditional and new-age frauds.
Product Launches and Expansions
Feb-2020: Nokia introduced two new cloud-native software applications for helping communication service providers (CSPs) operate their networks more efficiently and effectively, and drive new revenue opportunities. These two applications are Nokia Assurance Center and Nokia Experience Center. The Nokia Assurance Center has its focus on the service layer down to the network layer, while the Nokia Experience Center has a focus from the customer and subscriber experience perspective.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Revenue Assurance Market, by Component
1.4.2 Global Revenue Assurance Market, by Deployment Type
1.4.3 Global Revenue Assurance Market, by Vertical
1.4.4 Global Revenue Assurance Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2016, May - 2020, Mar) Leading Players
Chapter 4. Global Revenue Assurance Market by Component
4.1 Global Revenue Assurance Software Market by Region
4.2 Global Revenue Assurance Services Market by Region
Chapter 5. Global Revenue Assurance Market by Vertical
5.1 Global Revenue Assurance Telecom Market by Region
5.2 Global Revenue Assurance BFSI Market by Region
5.3 Global Revenue Assurance Healthcare Market by Region
5.4 Global Revenue Assurance Energy & Utilities Market by Region
5.5 Global Revenue Assurance Retail Market by Region
5.6 Global Other Vertical Revenue Assurance Market by Region
Chapter 6. Global Revenue Assurance Market by Deployment Type
6.1 Global On-premise Revenue Assurance Market by Region
6.2 Global Cloud Revenue Assurance Market by Region
Chapter 7. Global Revenue Assurance Market by Region
7.1 North America Revenue Assurance Market
7.2 Europe Revenue Assurance Market
7.3 Asia Pacific Revenue Assurance Market
7.4 LAMEA Revenue Assurance Market
Chapter 8. Company Profiles
8.1 Accenture PLC
8.2 Hewlett Packard Enterprise Company
8.3 IBM Corporation
8.4 Tata Consultancy Services Ltd.
8.5 Tech Mahindra Limited
8.6 Nokia Corporation
8.7 Itron, Inc.
8.8 Subex Limited
8.9 Amdocs Limited
8.10 Araxxe SAS
For more information about this report visit https://www.researchandmarkets.com/r/y0kkre
