Global Telecom Billing Market Is Growing with a CAGR of 8.03 % from 2015 to 2022
The Global Telecom Billing and Revenue management market is accounted for $7.63 billion in 2014 and is expected to reach $14.16 billion by 2022 with a CAGR of 8.03% from 2014 to 2022. The factors that are favoring the market growth include, hastily growing telecommunication sector, deployment of innovative services and increasing number of customers, whereas factors such as quick growth of subscribers, network clogging, plunge in quality of services, and fallout of services area are inhibiting the market growth.
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