Europe Convergent Billing Market Size, Share & Industry Trends Analysis Report By Offering, By Deployment (On-premise and Cloud), By Country and Growth Forecast, 2022 - 2028

Europe Convergent Billing Market Size, Share & Industry Trends Analysis Report By Offering, By Deployment (On-premise and Cloud), By Country and Growth Forecast, 2022 - 2028

The Europe Convergent Billing Market would witness market growth of 19.8% CAGR during the forecast period (2022-2028).

Convergence billing enables the provision of a single service and product catalog, improving marketing time and minimizing implementation costs. The providers of 4G network technologies employ a conventional business model, asking users to choose between prepaid and postpaid services in advance. Additionally, when clients relocate to a new location, they must update their phone numbers as well as billing methods.

However, convergent billing can reduce the burden of changing phone numbers by consolidating all services on a single cloud platform using technological advancements in Artificial Intelligence (AI) and 5G network technologies. In the coming years, it is anticipated that AI-powered convergent billing would redefine billing to fulfill 5G requirements.

Convergent billing is the process of combining multiple types of SD documents into a single invoice for the customer. This strategy is advised whenever businesses wish to simultaneously bill a customer for sales orders, shipments, and professional services. Multiple billing due list entries, which may have different billing kinds, are consolidated into a single customer invoice. This concept is expanded by convergent billing across many channels. This method enables customers to populate the billing due list with billing document requests containing billing data from various internal as well as external sources.

The use of the internet is growing at an exponential rate throughout European countries. According to the European Commission, the percentage of Europeans who use the Internet at least once per week increased from 75% in 2014 to 85% in 2015, a year in which Internet usage increased annually. In this region, the proportions range from 67% in Bulgaria to 95% in Denmark. The percentage of internet users that utilize video calls has increased the greatest, from 49% in 2018 to 60% in 2019.

The Germany market dominated the Europe Convergent Billing Market by Country in 2021; thereby, achieving a market value of $2.8 billion by 2028. The UK market is exhibiting a CAGR of 18.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 20.7% during (2022 - 2028).

Based on Offering, the market is segmented into Solution (Customer Relationship Management, Settlement & Payment Management, Mediation, Voucher Management, and Others) and Services (Consulting Services, Managed Services, and Customization Services). Based on Deployment, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, MIND C.T.I. LTD, CSG Systems International, Inc., Comarch SA, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Optiva, Inc., Amdocs Limited, Sterlite Technologies Limited and IDI Billing Solutions.

Scope of the Study

Market Segments covered in the Report:

By Offering

  • Solution
  • Customer Relationship Management
  • Settlement & Payment Management
  • Mediation
  • Voucher Management
  • Others
  • Services
  • Consulting Services
  • Managed Services
  • Customization Services
By Deployment
  • On-premise
  • Cloud
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • SAP SE
  • MIND C.T.I. LTD
  • CSG Systems International, Inc.
  • Comarch SA
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Nokia Corporation
  • Optiva, Inc.
  • Amdocs Limited
  • Sterlite Technologies Limited
  • IDI Billing Solutions
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Convergent Billing Market, by Offering
1.4.2 Europe Convergent Billing Market, by Deployment
1.4.3 Europe Convergent Billing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Convergent Billing Market
Chapter 4. Europe Convergent Billing Market by Offering
4.1 Europe Solution Market by Country
4.2 Europe Convergent Billing Market by Solution Type
4.2.1 Europe Customer Relationship Management Market by Country
4.2.2 Europe Settlement & Payment Management Market by Country
4.2.3 Europe Mediation Market by Country
4.2.4 Europe Voucher Management Market by Country
4.2.5 Europe Others Market by Country
4.3 Europe Services Market by Country
4.4 Europe Convergent Billing Market by Services Type
4.4.1 Europe Consulting Services Market by Country
4.4.2 Europe Managed Services Market by Country
4.4.3 Europe Customization Services Market by Country
Chapter 5. Europe Convergent Billing Market by Deployment
5.1 Europe On-premise Market by Country
5.2 Europe Cloud Market by Country
Chapter 6. Europe Convergent Billing Market by Country
6.1 Germany Convergent Billing Market
6.1.1 Germany Convergent Billing Market by Offering
6.1.1.1 Germany Convergent Billing Market by Solution Type
6.1.1.2 Germany Convergent Billing Market by Services Type
6.1.2 Germany Convergent Billing Market by Deployment
6.2 UK Convergent Billing Market
6.2.1 UK Convergent Billing Market by Offering
6.2.1.1 UK Convergent Billing Market by Solution Type
6.2.1.2 UK Convergent Billing Market by Services Type
6.2.2 UK Convergent Billing Market by Deployment
6.3 France Convergent Billing Market
6.3.1 France Convergent Billing Market by Offering
6.3.1.1 France Convergent Billing Market by Solution Type
6.3.1.2 France Convergent Billing Market by Services Type
6.3.2 France Convergent Billing Market by Deployment
6.4 Russia Convergent Billing Market
6.4.1 Russia Convergent Billing Market by Offering
6.4.1.1 Russia Convergent Billing Market by Solution Type
6.4.1.2 Russia Convergent Billing Market by Services Type
6.4.2 Russia Convergent Billing Market by Deployment
6.5 Spain Convergent Billing Market
6.5.1 Spain Convergent Billing Market by Offering
6.5.1.1 Spain Convergent Billing Market by Solution Type
6.5.1.2 Spain Convergent Billing Market by Services Type
6.5.2 Spain Convergent Billing Market by Deployment
6.6 Italy Convergent Billing Market
6.6.1 Italy Convergent Billing Market by Offering
6.6.1.1 Italy Convergent Billing Market by Solution Type
6.6.1.2 Italy Convergent Billing Market by Services Type
6.6.2 Italy Convergent Billing Market by Deployment
6.7 Rest of Europe Convergent Billing Market
6.7.1 Rest of Europe Convergent Billing Market by Offering
6.7.1.1 Rest of Europe Convergent Billing Market by Solution Type
6.7.1.2 Rest of Europe Convergent Billing Market by Services Type
6.7.2 Rest of Europe Convergent Billing Market by Deployment
Chapter 7. Company Profiles
7.1 SAP SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations & Agreements:
7.1.6 SWOT Analysis
7.2 MIND C.T.I. LTD
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.3 CSG Systems International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Comarch SA
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Geographical Expansions:
7.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Nokia Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Optiva, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 Amdocs Limited
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Product Launches and Product Expansions:
7.9 Sterlite Technologies Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.10. IDI Billing Solutions
7.10.1 Company Overview

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