DUBLIN, Oct. 9, 2020 /PRNewswire/ — The “North America Telecom Billing & Revenue Management Market by Component, by Deployment Type, by Operator Type, by Country, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.
The North America Telecom Billing & Revenue Management Market is expected to witness market growth of 11.5% CAGR during the forecast period (2020-2026).
The communications, media, and cloud markets are also experiencing noteworthy transformations, and therefore service providers need to plan new strategies as they are witnessing new challenges. Service providers are facing substantial challenges in the business such as rise in competition at both national and an international level, loss of customer loyalty due to decrease in margins for traditional service assistances, and commoditization of services.
In this new business environment, service providers are need to bring changes in their business in order to meet the new market demands.