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Revenue Management Market is Forecast to Grow from USD6.6 billion in 2012 to USD7.6 billion in 2017

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Exponential growth in the consumption of data has enabled Operators to rake in large revenues, as the world population continues to embrace the mobile culture and with it, increase their dependence on data. This comes with an increasing number of challenges for the Operators, in building, operating and maintaining complex networks that deliver data seamlessly to millions of subscribers across their fixed, mobile and wireless networks. With bigger chunks of data consumed per minute per subscriber, some solutions are sought after much more than ever before. Convergent billing systems that enable real time charging is one good example of an enabling technology that is critically required, especially on the high speed networks such as the LTE. Analysis Mason, in their recent report, said that the worldwide revenue management market is forecast to grow from USD6.6 billion in 2012 to USD7.6 billion in 2017, at a 2.8% CAGR. According to them, increasing real-time requirements for new services and more-accurate charging will push more Operators to continue deploying convergent billing systems as part of transformation projects that aim to reduce spending on dedicated prepaid IN and postpaid systems. The report covers the growth of the segment for the following markets:

 

Summary for 2012

NA’s share of the worldwide revenue management market grew slightly, driven by growth in the mobile broadband market as a result of significant LTE roll-outs.

LATAM’s market share remained flat despite high growth in subscriber numbers, largely because of aggressive pricing.

EMEA’s market share declined by almost a percentage point because of the lingering effects of economic instability in Western Europe.

APAC’s share increased by 0.3 percentage points, driven by steady growth in subscriber numbers.

 

Outlook for 2013

Economic conditions in Western Europe will restrict EMEA to low growth rates despite higher growth rates in the Middle East and Africa.

Emerging markets – particularly in LATAM – will increase their market shares.

NA will continue to recover, driving up year-on-year growth in most revenue management sub-segments in 2013.

Growth in spending will slow in APAC’s emerging markets, as new subscribers become less abundant.

 

 

 

 

  Source - Analyst Mason (August 30, 2013)
 
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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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