DALLAS, January 21, 2015 /PRNewswire/ --
According to new research report "Revenue Assurance Market by Service (Planning & Consulting, Operation & Maintenance, System Integration, Managed Services), by Deployment (Cloud, On-Premise), by End User Type, by Industry Type, & by Region - Global Market Forecast & Analysis 2014 - 2019", published by MarketsandMarkets, The global Revenue Assurance Market is expected to grow from $ 1.7 Billion in 2014 to $ 2.9 Billion in 2019 at a CAGR of 11.2%.
Browse 80 market data tables and 75 figures spread through 145 pages and in-depth TOC on "Revenue Assurance Market"
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MarketsandMarkets broadly segments the Global Revenue Assurance Market by region: North America (NA), Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America (LA); by services: Planning & Consulting, Operations & Maintenance, System Integration, Managed Service; by Deployment type : Cloud based , On-premises; by Industry types : BFSI, Telecom, Healthcare, Logistic, Retail, Energy & Utilities; by End User types: SMBs, Large Enterprise
Global Revenue Assurance Market comprises of the various service and solutions providing players, who provide offerings, which facilitate efficient handling and management of revenue leakages and losses, by finding, correcting and preventing revenue losses.
The major driving factors for the Global Revenue Assurance market have been analyzed to be the increasing complexities of the businesses and their revenue streams, corporate mergers and acquisitions that cause various OSS/BSS contingencies, and revenue leakages, among others. However, there also exist some restraints to the market - the major restraint encountered is lack of skilled personnel in the market.
MarketsandMarkets forecasts the Global Revenue Assurance Market to grow from $1,727.4 Million in 2014 to $2,942.7 million by 2019. In terms of regions, NA is expected to be the biggest market in terms of market size, whereas MEA and APAC are expected to experience increased market traction during the forecasted period.
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