Global Revenue Assurance Market: Overview
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.
Though prevention and
detection of revenue leakage is the primary objective of any revenue assurance
system, technologically advanced revenue assurance systems also help companies
improve and automate their conventional revenue assurance detection and
monitoring processes, and detect and prevent frauds and data inconsistencies.
Major
Key Players of the Revenue Assurance Market are:
IBM, Amdocs, Tech Mahindra, Tata Consulting
Services, Ericsson, Subex, Hewlett Packard, and Accenture.
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Products and services based organizations
in present times face wide-ranging challenges and struggle with numerous issues
– from expanding their consumer base in saturated markets to managing the
rapidly rising consumer base in developing markets. Markets with several
vendors also present companies with intensely competitive environment that
requires innovations and technological developments at a steady pace to gain
competitive edge in the market. All these scenarios make companies more
vulnerable to revenue leakage and call for the integration of effective revenue
assurance tools in their overall revenue management scenario.
The increasingly
complex business environment and practices and the need to adhere to numerous
revenue streams are the key driving forces for the global revenue assurance
market. The report presents a detailed analysis of the impact of other major
drivers, restraints, and trends in the market’s future developmental prospects.
The report analyzes the market for criteria such as crucial revenue assurance
services, software products, deployment methods of revenue assurance tools,
size of companies adopting revenue assurance tools, key end-use industries, and
major regional markets for the global revenue assurance market.
This research report
analyzes this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying
this Report
- This report provides pin-point analysis
for changing competitive dynamics
- It provides a forward looking perspective
on different factors driving or restraining market growth
- It provides a six-year forecast assessed
on the basis of how the market is predicted to grow
- It helps in understanding the key product
segments and their future
- It provides pin point analysis of changing
competition dynamics and keeps you ahead of competitors
- It helps in making informed business
decisions by having complete insights of market and by making in-depth
analysis of market segments
- It provides distinctive graphics and
exemplified SWOT analysis of major market segments
Research
objectives:-
– To study and analyze the global Revenue
Assurance consumption (value & volume) by key regions/countries, product
type and application, history data.
– To understand the structure of the Revenue Assurance market by identifying
its various sub-segments.
– Focuses on the key global Revenue Assurance manufacturers, to define,
describe and analyze the sales volume, value, market share, market competitive
landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Revenue Assurance with respect to individual growth trends,
future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of
the market (growth potential, opportunities, drivers, industry-specific
challenges and risks).
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In the end, Revenue Assurance industry
report specifics the major regions, market scenarios with the product price,
volume, supply, revenue, production, and market growth rate, demand, forecast
and so on. This report also presents SWOT analysis, investment feasibility
analysis, and investment return analysis.
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