Paul Thomen

Friday, 12 April 2013

Global Convergent Charging Software and Services Market 2011-2015

In 2015, the Global Convergent Charging Software and Service market is likely to touch US$3.44 billion mark. It was valued at US$1.31 billion in 2011 and is estimated to be growing at a CAGR of 27.3 percent during 2011 to 2015. One of the key reasons for this exceptional growth is the increasing adoption of triple-play and quad-play services by telecom service providers. As more and more service providers are migrating from legacy charging software to convergent charging software the need for generating single invoice for both triple-play and quad-play services is also rising. Multiple factors like revenue growth, flexibility to offer various combinations of services, enhanced operational efficiency and reduction in billing errors are driving the operators to embrace convergent charging software.

The Global Convergent Charging Software and Service market is also evolving with the time. Initially, most of the growth is expected to come from software sales but revenue from convergent charging services is likely to grow significantly from 2013 onwards.

In the APAC region, which accounted for 39 percent of the Global Convergent Charging Software and Service market in 2011, China and India remain the biggest buyer. EMEA region accounted for 37 percent followed by North and Latin American countries with 24 percent market share.

Demand for skilled and trained workforce, issues relating to scalability and data migration with existing telecom BSSs, lack of support for new business models, rapidly-changing technological advancements, industry standards, customer needs are some of the major growth inhibitors for the expansion of Convergent charging software market.

Notwithstanding these challenges the Global Convergent Charging Software and Servicemarket is poised for rapid growth during the forecast period. Newer trends in the VAS (Value Added Services) arena like mobile money, real-time based convergent charging that prevents revenue losses for the operator, introduction of flexible pricing models for newer services in 3G and 4G (like LTE), SaaS based billing solutions for smaller operators are fueling the growth of Convergent charging software market.

Table of Content

01. Executive Summary
02. Introduction
03. Market Coverage
Market Overview
Key Products
04. Market Landscape
04.1 Market Size and Forecast
04.2 Five Forces Analysis
05. Geographical Segmentation
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Comverse Technology Inc.
Business Overview
SWOT Analysis
13.2 Huawei Technology Co. Ltd.
Business Overview
SWOT Analysis
13.3 Ericsson (LM) Tel-Sp Adr.
Business Overview
SWOT Analysis
14. Other Reports in this Series

For more details contact Mr. Priyank Tiwari: / +18883915441

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