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The telecom billing and revenue management market in North America was valued US$ 4250.9 million in 2019 and is projected to reach US$ 12394.0 million by 2027; it is expected to grow at a CAGR of 15.0% from 2020 to 2027.
The major factors that are propelling the growth of telecom billing and revenue management market are, significant growth of telecom industry and increasing data consumption trend, rising number of IoT connections, and demand for innovative billing and revenue management solutions and services.
The foremost factors driving the telecom billing and revenue management market are the increasing necessity for improved connectivity solutions to connect smart devices and growing demand from telecom and smart equipment manufacturer to monetize and handle the smart equipment via connectivity and networks. The IoT industry has opened up lots of opportunities for the telecommunication industry. Acc
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The Europe Telecom Billing and Revenue Management Market Forecast to 2027 COVID-19 Impact and Regional Analysis By Type (Telecom Billing, Cloud Billing, and IoT Billing); Component (Solution and Services); Deployment Type (Cloud, On-premise, and Hybrid); and Country report has been added to
ResearchAndMarkets.com s offering.
The telecom billing and revenue management market in Europe was valued US$ 4918.5 million in 2019 and is projected to reach US$ 13806.0 million by 2027; it is expected to grow at a CAGR of 14.6% from 2020 to 2027.
The major factors that are propelling the growth of telecom billing and revenue management market are increasing number of IoT connections, increase in number of internet users, growth of telecom industry, demand for innovative billing and revenue management solutions and services. Efficient and flexible billing and revenue management solutions help the CSP s to monetize the data and service usage, providing company with improved real-time