Pune, Maharashtra -- (SBWIRE) -- 05/18/2020 -- Analytical Research Cognizance recently added a report on ' Revenue Assurance market' that delivers a holistic view on industry valuations, market size, profit estimations, SWOT analysis and regional landscape of the market. In addition, the report points out key challenges and growth opportunities, while examining the current competitive standings of key players in during the forecasted timeline.
The Global Revenue Assurance Market is accounted for $436.22 million in 2018 and is expected to reach $1,106.86 million by 2027 growing at a CAGR of 10.9% during the forecast period. Some of the key factors propelling the market growth are the need for automation solutions for revenue assurance, increasingly complex business environment, and need to adhere to numerous revenue streams. However, the reliance on human-led services for market expansion is the restraining factor for the growth of the market.
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Revenue assurance refers to the set of activities or principles that enable organizations to accurately capture revenue for all the products sold or services provided. Instead of rectifying financing errors after they have occurred, or not identifying or correcting them at all, revenue assurance principles or tools allow companies to examine and fix present or potential revenue leakage points throughout networks and intermediate client- and customer-facing systems and correct the data before it reaches the organization's billing systems.
By deployment model, the cloud segment is expected to grow at a significant market share during the forecast period because of the rising adoption of cloud solutions by small and medium enterprises. These businesses prefer cloud solutions because of the lack of resources and capital. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the significant investments in new technologies such as 5G.
Some of the key players in Revenue Assurance Market include Tata Consultancy Services Limited, Accenture PLC, Hewlett Packard Enterprise Development L.P., Advanced Technologies & Services Inc, Neural Technologies Ltd, Equinox Information Systems Inc, Tech Mahindra Limited, International Business Machines Corporation, Cartesian Inc, Martin Dawes Analytics Inc, Amdocs, WeDo Technologies, Subex Limited, Connectiva Systems Inc, Capana Inc, Teoco Corp, and ISON Technologies.
Deployment Models Covered:
Cloud
On-premise
Organization Sizes Covered:
Small and Medium Enterprises
Large Enterprises
Types Covered:
Cost Leakage
Revenue Leakage
Margin Leakage
Components Covered:
Software
Services
Solutions Covered:
Usage Assurance
Billing and Rating Validation
Migration Assurance
Provisioning Assurance
Roaming and Interconnect Partner Assurance
End Users Covered:
Banking, Financial Services and Insurance (BFSI)
Healthcare
Telecom
Hospitality
Retail
Enterprises
Other End Users
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Regions Covered:
North America, US, Canada, Mexico, Europe, Germany, France, Italy, UK, Spain, Rest of Europe, Asia Pacific, Japan, China, India, Australia, New Zealand, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Rest of South America, Middle East & Africa, Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Chapter One: Executive Summary
Chapter Two: Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
Chapter Three: Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
Chapter Four: Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
Chapter Five: Global Revenue Assurance Market, By Deployment Model
5.1 Introduction
5.2 Cloud
5.3 On-premise
Chapter Six: Global Revenue Assurance Market, By Organization Size
6.1 Introduction
6.2 Small and Medium Enterprises
6.3 Large Enterprises
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