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

North America 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 North America Convergent Billing Market would witness market growth of 19.0% CAGR during the forecast period (2022-2028).

Convergent Billing is a one-of-a-kind solution to the numerous issues faced by communications service providers (CSP). This innovation has drastically transformed the telecom sector because it promises to minimize customer churn and CSP costs. Due to the fact that a convergent billing system offers a single view of all the goods and services utilized by consumers on a single invoice, customers may now pay for all telecom services with a single payment.

This technique is advantageous for both customers and vendors. CSPs can showcase all of their items in a single catalog, which reduces the time to market for every product and facilitates cross-selling for a variety of products and services. In contrast, not only do customers pay a single bill, but they also receive cross-service discounts so that users who order multiple services can simply receive preferential pricing.

As digitalization has increased, consumer preferences have evolved toward more complex and digitally delivered services. A consolidated bill provides customers with a summary of all the services they have selected from the company. This unified perspective offers cross-service discounts to customers, allowing those who select various services to receive a preferential pricing model. Moreover, discounts can serve as a marketing technique to encourage customers to buy additional services.

Because of its preeminent position in the technological landscape throughout the world, the North American region is witnessing a rapid surge in the adoption of a convergent billing approach. As a result of the dramatic shifts taking place in the technological landscape across a variety of business sectors, there has been an increase in the demand for linked devices. Also picking up steam in the region is the practice of customer relationship management. This is being driven by factors, like the increasing digitalization of businesses across all industry sectors, as well as the penetration of cloud technology and a variety of service models.

The US market dominated the North America Convergent Billing Market by Country in 2021; thereby, achieving a market value of $10.0 billion by 2028. The Canada market is experiencing a CAGR of 21.7% during (2022 - 2028). Additionally, The Mexico market would exhibit 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 U.S., Mexico, Canada, and Rest of North America.

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
  • US
  • Canada
  • Mexico
  • Rest of North America
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 North America Convergent Billing Market, by Offering
1.4.2 North America Convergent Billing Market, by Deployment
1.4.3 North America 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. North America Convergent Billing Market by Offering
4.1 North America Solution Market by Country
4.2 North America Convergent Billing Market by Solution Type
4.2.1 North America Customer Relationship Management Market by Country
4.2.2 North America Settlement & Payment Management Market by Country
4.2.3 North America Mediation Market by Country
4.2.4 North America Voucher Management Market by Country
4.2.5 North America Others Market by Country
4.3 North America Services Market by Country
4.4 North America Convergent Billing Market by Services Type
4.4.1 North America Consulting Services Market by Country
4.4.2 North America Managed Services Market by Country
4.4.3 North America Customization Services Market by Country
Chapter 5. North America Convergent Billing Market by Deployment
5.1 North America On-premise Market by Country
5.2 North America Cloud Market by Country
Chapter 6. North America Convergent Billing Market by Country
6.1 US Convergent Billing Market
6.1.1 US Convergent Billing Market by Offering
6.1.1.1 US Convergent Billing Market by Solution Type
6.1.1.2 US Convergent Billing Market by Services Type
6.1.2 US Convergent Billing Market by Deployment
6.2 Canada Convergent Billing Market
6.2.1 Canada Convergent Billing Market by Offering
6.2.1.1 Canada Convergent Billing Market by Solution Type
6.2.1.2 Canada Convergent Billing Market by Services Type
6.2.2 Canada Convergent Billing Market by Deployment
6.3 Mexico Convergent Billing Market
6.3.1 Mexico Convergent Billing Market by Offering
6.3.1.1 Mexico Convergent Billing Market by Solution Type
6.3.1.2 Mexico Convergent Billing Market by Services Type
6.3.2 Mexico Convergent Billing Market by Deployment
6.4 Rest of North America Convergent Billing Market
6.4.1 Rest of North America Convergent Billing Market by Offering
6.4.1.1 Rest of North America Convergent Billing Market by Solution Type
6.4.1.2 Rest of North America Convergent Billing Market by Services Type
6.4.2 Rest of North America 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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