Global Convergent Billing Market-
Industry Analysis and forecast 2020 –
2026: By Solution, Services, Deployment
Global Convergent Billing Market size was valued US$ 8.10 Bn. in
2019 and is expected to grow at a CAGR of 20.89% over 2020-2026,
to account for US$ XX Bn. in 2026.
The report study has analyzed revenue impact of COVID -19
pandemic on the sales revenue of market leaders, market followers
and market disrupters in the report and same is reflected in our
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Global Convergent Billing Market Overview:
Convergent Billing (Convergent Charging) is a solution in the
telecommunications industry that allows common management of all
services and users for operators. Convergent billing includes
convergence of payment methods such as postpaid and prepaid.
The report covers the detailed analysis of the Global Convergent
Billing Market with the classifications of the market based on
solution, services, deployment and region. Analysis of past market
dynamics from 2016 to 2019 is given in the report, which will help
readers to benchmark the past trends with current market scenarios
with the key player's contribution in it.
Global Convergent Billing Market is projected to reach a value of
US$ XX Bn. by 2026, expanding at a CAGR of around 20.89%
during 2020-2026 thanks to the growing telecommunication industry.
The telecommunication industry is gaining massive momentum across
the globe with the rolling out of various applications for domains.
Such as, the use of wireless devices aids centralized communication
for end-users, which in turn drives in a high global convergent billing
market growth during 2020-2026. However, some of the major
challenges faced by the convergent billing market are complex
interfaces, high lead time and managing data traffic.
The impact of the COVID-19 pandemic had a positive on the growth
of a few sectors such as IT and telecommunications. The demand for