Lucintel Blog: On-premise is expected to remain the largest segment in the global convergent billing market

Tuesday, February 28, 2023

On-premise is expected to remain the largest segment in the global convergent billing market

An exciting new study from the team of Lucintel found that convergent billing market is expected to reach $XX billion by 2028 with a CAGR of 21% to 23%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/convergent-billing-market.aspx.

The convergent billing market is segmented based on solutions, deployment type, service, and region. In this market, on-premise is expected to remain the largest deployment type, and managed services segment is expected to remain the largest service. Players can benefit from the available opportunities like consumers and businesses in this region have always been early adopters of technology. Additionally, US and Canada, are investing aggressively in emerging technologies, including cloud platforms, AI, and 5G technology, and the increasing demand to improve customer experience in the region.

Nokia, Sterlite Technologies, Optiva, SAP SE, IBM, Huawei, CSG International, Comarch SA, IDI Billing, and Amdocs are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/convergent-billing-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the convergent billing market by solutions (customer relationship management, settlement and payment management, mediation, voucher management, and others), deployment type (cloud and on-premise), services (consulting services, managed services, and training & certification), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the convergent billing market?

Q.4 What are some changing demands of customers in the convergent billing market?

Q.5 What are the new developments in the convergent billing market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this convergent billing area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this convergent billing market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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