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Revenue Management Market Size Report, 2020-2025

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simone singh
Revenue Management Market Size Report, 2020-2025

Increasing significance for identifying profitability and value that the customers bring to the organizations, along with rising preferences for mitigating and detecting revenue losses with automated payment processing systems and integrated workflows by the business is likely to augment the growth for the industry over the forecast period. Hence, the market size for global revenue management is anticipated to reach USD 28 billion by 2025.

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Growing focus on integrating marketing, commerce, sales, billing, accounts, and service, to decrease the operating expenses and enhance business processes is likely to draw focus on revenue management solutions. However, complexity in integrating with the current infrastructure and high implementation expenses is probably to hinder revenue management growth.

The market is segmented into IT & telecom, hospitality, transportation, healthcare, retail, BFSI, utilities, and others. The market for the IT & telecom sector is anticipated to possess the largest market share in 2019. Enterprises today are predominantly developing to match their user needs. The revenue management solution suite provides companies and the communication service providers who are proactive within the IoT business with tools to manage the overall billing life cycle.

The report also throws light on various aspects of global revenue management by assessing the market using value chain analysis. The report covers several qualitative aspects of the revenue management industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.

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The global revenue management market has strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.

The global personal market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the revenue management storage, owing to an outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the revenue management market in North America.

The major players of the global revenue management market are Oracle, Huawei, Amdocs, Ericsson, Netcracker, CSG, Optiva, Cerillion, Accenture, SAP, Enghousenetworks, and more. The revenue management market is fragmented with the existence of well-known global and domestic players across the globe.

Segment Overview of Global Revenue Management Market

Component Overview, 2018-2025 (USD Billion)

Solutions

Billing & Payment

Price Management

Revenue Assurance & Fraud Management

Channel Management

Services

Professional Services

Managed Services

End-User Overview, 2018-2025 (USD Billion)

BFSI

Healthcare

Hospitality

IT & Telecom

Retail

Transportation

Utilities

Others

Regional Overview, 2018-2025 (USD Billion)

North America

U.S.

Canada

Europe

UK

Germany

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia-Pacific

Middle East and Africa

UAE

South Africa

Rest of Middle East and Africa

South America

Brazil

Rest of South America

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About Us:

Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

 

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