-- One trend in the convergent charging software and services market is increasing competition in telecom billing software market. Heavy competition in the global telecom billing software market drives the adoption of telecom billing software. With decreasing ARPU, telecom operators are using VAS as new revenue channels in the developed industry such as North America and Europe.
Complete report on Convergent Charging Software and Services market spread across 78 pages, analyzing 4 major companies and providing 27 data exhibits are now available at http://www.reportsnreports.com/reports/1097653-global-convergent-charging-software-and-services-market-2017-2021.html.
According to the 2017 convergent charging software and services market report, one driver in the market is adoption of convergent billing systems. The telecom industry is highly competitive, and players in this market are focusing much on channels that maximize their revenue streams with the adoption of convergent billing systems to gain competitive edge. Revenue management system (RMS) has undergone a drastic shift from traditional basic billing and charging methods and accounting function to completely new platform that establishes new revenue streams.
The following companies as the key players in the global convergent charging software and services market: Amdocs, Ericsson, Huawei, and Netcracker Technology. Other prominent vendors in the market are: Accenture, Aria Systems, Cerillion, Comarch, Comptel, CSG International, Elitecore Technologies, Global Convergence Solutions, Hewlett-Packard, Hitachi Data Systems, Nokia, Oracle, Redknee, SAP, Subex, and Wipro.
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Global Convergent Charging Software and Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this industry. The report covers the present scenario and the growth prospects of the global convergent charging software and services market for 2017-2021. To calculate the market size, the report considers the solutions (CRM, mediation, payment, and settlement management, and voucher management) and services (managed services, consulting services, and training, certification, and education services).
Further, the report states that one challenge in the convergent charging software and services market is issues in integrating with legacy systems. Most telecom operators prefer to purchase different software for convergent charging functions such as prepaid billing, post-paid billing, enterprise resource planning, CRM, revenue assurance, mediation, and order provisioning. As different vendors use different technologies for their BSS product development, it is difficult for telecom operators to integrate multiple functions of an BSS solution from different vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive industry and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry 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 the key vendors?
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