At CAGR of 8.9% Revenue Assurance
Market size expected to reach $782
billion by 2025
Posted on 2021-07-14 by MarketsandMarkets in Computers, Healthcare, Software, Technology,
Telecommunications // 0 Comments
According to a market research report “Revenue Assurance Market by Component
(Software and Services), End-User (TSPs, and Enterprises), Deployment Mode (Cloud and
On-premises), Vertical (Telecom, Utilities, BFSI, Hospitality, and Others), and Region –
Global Forecast to 2025″, published by MarketsandMarkets, The revenue assurance market
size is projected to grow from USD 512 million in 2020 to USD 782 million by 2025, at a
Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.
The major factors driving the growth of the revenue assurance market include the rise of the
subscription economy, rising number of mobile and internet users, adoption of advanced
technologies such as RPA, Big Data, AI, and IoT.
Browse and in-depth TOC on “Revenue Assurance Market”
109 – Tables
29 – Figures
142 – Pages
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The services segment to record a larger market size during the forecast period
Revenue Assurance services are estimated to hold a larger market share during the forecast
period in the revenue assurance market. Services portfolio includes planning and consulting,
implementation and customization, support and maintenance, and managed services. These
services enhance the revenue assurance portfolio of the services providers by offering
customers with value creation, operational flexibility, and competitive advantage. Companies
that lack in-house capabilities for revenue assurance of an organization outsource the
functionality from expert Managed Service Providers (MSPs). With the growing demand for
revenue assurance solutions, the services portfolio is expected to increase due to the market’s
dependency on human-interaction for development and growth.
By deployment model, the o