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Global Revenue Assurance Market is expected to reach $1,106.86 million 2027 growing at a CAGR 10.9% during 2018 to 2027.

Some of the key players in Revenue Assurance Market include Tata Consultancy Services Limited, Accenture PLC, Hewlett Packard Enterprise Development L.P., Advanced Technologies & Services Inc, Neural Technologies Ltd, and ISON Technologies.

Gaithersburg, Maryland, United States - April 24, 2020 /MarketersMedia/

Some of the key factors propelling the market growth are the need for automation solutions for revenue assurance, increasingly complex business environment, and need to adhere to numerous revenue streams. However, the reliance on human-led services for market expansion is the restraining factor for the growth of the market.

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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.

By deployment model, the cloud segment is expected to grow at a significant market share during the forecast period because of the rising adoption of cloud solutions by small and medium enterprises. These businesses prefer cloud solutions because of the lack of resources and capital.

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On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the significant investments in new technologies such as 5G.

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Deployment Models Covered:
• Cloud
• On-premise

Organization Sizes Covered:
• Small and Medium Enterprises
• Large Enterprises

Types Covered:
• Cost Leakage
• Revenue Leakage
• Margin Leakage

Components Covered:
• Software
• Services

Solutions Covered:
• Usage Assurance
• Billing and Rating Validation
• Migration Assurance
• Provisioning Assurance
• Roaming and Interconnect Partner Assurance

End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Telecom
• Hospitality
• Retail
• Enterprises
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-revenue-assurance-market-is-expected-to-reach-110686-million-2027-growing-at-a-cagr-109-during-2018-to-2027/88954993

Source: MarketersMedia

Release ID: 88954993

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