Revenue Assurance Market Size Worth $7.7 Billion By 2026 - KBV Research

NEW CITY, N.Y. - July 20, 2020 - PRLog -- According to a new report Global Revenue Assurance Market, published by KBV research, The Global Revenue Assurance Market size is expected to reach $7.7 billion by 2026, rising at a market growth of 14.4% CAGR during the forecast period.

Based on the deployment model, the cloud segment is projected to expand at a higher CAGR over the forecast period. The growing adoption of revenue assurance solutions by small and medium-sized enterprises is leading to a substantial increase in the cloud-based deployment of revenue assurance solutions.

The telecommunications industry accounted for the largest market share in the global revenue assurance market and is expected to remain dominant in the forecast period. The revenue assurance function is central to today's telecommunications industry. The key goal of revenue assurance is to secure telecommunications earnings by detecting revenue losses, finding the root causes of such losses, and eventually proposing corrective measures. The BFSI market is poised to grow at a CAGR of 13.5% during (2020 - 2026). Additionally, The Healthcare market is expected to witness CAGR of 15.2% during (2020 - 2026).

Global Revenue Assurance Market Segmentation

By Component

• Software
• Services

By Deployment Type

• On-premise
• Cloud

By Vertical

• Telecom
• BFSI
• Healthcare & Social Assistance
• Energy & Utilities
• Retail
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Accenture PLC
• Hewlett Packard Enterprise Company
• IBM Corporation
• Tata Consultancy Services Ltd.
• Tech Mahindra Limited
• Nokia Corporation
• Itron, Inc.
• Subex Limited
• Amdocs Limited
• Araxxe SAS

Structural Insights: https://www.kbvresearch.com/revenue-assurance-market/