The Convergent Billing Market is projected to grow due to increased demand from end-use industries in major applications

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Convergent Billing Market was valued at USD 14.37 Billion in 2022, and it is expected to reach USD 58.50 Billion by 2029, exhibiting a CAGR of 22.2% during the forecast period (2023-2029)

Market Overview

The global Convergent Billing market was valued at US$ 14.37 Bn. in 2022 and is projected to reach US$ 58.50 Bn. by 2029, growing at a CAGR of 22.2% during the forecast period.

Market Insights

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Market Scope

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Market Drivers and Restraints

The Convergent Billing market report covers significant drivers and restraints affecting the market.

Segmentation

For detailed segmentation

by Solutions

• Customer Relationship Management (CRM)
• Settlement and Payment Management
• Voucher Management
• Mediation

by Deployment

• Cloud
• On-Premise

by Services

• Managed Service
• Consulting Service
• Training Certification

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Key Players

Key players in the market include

• Alcatel-Lucent SA (France)
• Amdrecor, Inc. (US)
• CSG Systems International, Inc. (US)
• IBM Corporation (US)
• Amdocs, Inc.(US)
• Comverse, Inc.(US)
• Huawei Technologies Co., Ltd. (China)
• Optiva, Inc.(Canada)
• Redknee, Inc.(Canada)
• SAP SE (Germany)
• Orga Systems Gmbh (Germany)
• Sterlite Technologies Limited (India)
• Elitecore Technologies Pvt. Ltd.(India)
• Others

The competitive landscape of the Convergent Billing market includes:

  • Business overview
  • Financials
  • Revenue generation
  • Market potential
  • RD investment
  • New market initiatives
  • Global presence
  • Production sites and facilities
  • Production capacity
  • Corporate strengths

COVID-19 Impact Analysis

The report also covers the impact of the COVID-19 pandemic on the global Convergent Billing market.

Key Questions Answered

  • Who are the key players in the Convergent Billing market?
  • What key trends are expected to emerge in the Convergent Billing market during the forecast period?
  • What will the market size be by 2027?
  • Which company held the largest market share in 2020?

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