Revenue Assurance Market Trends, Size, Forecast - 2019-2025
The global market for revenue assurance is projected to have considerable CAGR of around 10.5% during the forecast period. The market is mainly driven due to various factors such as increasing transaction data, growing adoption of digital solutions by the small and medium enterprises (SMEs), Rising trend towards advanced technologies such big data analytics, machine learning, and IoT. Strategically implemented and paired with skilled human oversight, technologies such as AI, big data, and IoT can produce a multitude of new efficiencies for enterprises. For data tracking and capture, manufacturers now have access to more resources.
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Data is being obtained from conventional sources including classic consumer surveys, and more innovative applications such as the IoT and smart sensors to capture machine readings. According to the organization in 2017, more than 4 billion people are connected to the internet compared to just 2.3 million in 1990. These billions of individuals are generating transaction data every second, which has led to the adoption of revenue assurance solutions in enterprises.
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Global Revenue Assurance Market Segmentation
By deployment
Cloud-based
On-Premises
By Industry
BFSI
Energy & Utilities
Retail
Hospitality
Telecom
Others(logistics)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Amdocs Group
ARAXXE
Adapt IT
artesian, Inc.
Digital Route AB
eClerx Services Ltd.
Hewlett Packard Enterprise Development LP
Itron Inc.
Mobileum Inc.
Nokia Corp.
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