Market Forecast | Convergent Charging
Summary Updated -December 2013
Market Research Company |
Market Value (USD) |
CAGR |
Report Date |
Infonetics |
4.2B /2017 |
|
Dec 2013 |
TechNavio |
3.44B /2015 |
27.3% / 2011-2015 |
Jan 2013 |
Infonetics
“Healthy growth in the convergent charging market continues, driven in part by a wave of replacement activity as operators swap out their first-generation charging systems for more scalable and flexible solutions that allow them to get new services and offers to the market quickly and efficiently,” reports Shira Levine, directing analyst for service enablement and subscriber intelligence at Infonetics Research. “We expect LTE rollouts to further accelerate the market over the next few years,” continues Levine. “Operators will want to capitalize on LTE’s bigger ‘pipe’ via new services and pricing models that better tie the bandwidth consumed to the price being charged.”
TechNavio | RnRMarketReasearch
-"In 2015, the Global Convergent Charging Software and Service market is likely to touch US$3.44 billion mark. It was valued at US$1.31 billion in 2011 and is estimated to be growing at a CAGR of 27.3 percent during 2011 to 2015"
-"One of the key factors contributing to this market growth is the increasing adoption of triple-play and quad-play services. The Global Convergent Charging Software and Service market has also been witnessing the increasing adoption of real-time convergent charging. However, the need for a skilled and trained workforce could pose a challenge to the growth of this market."