“Revenue
Assurance Market: Africa Demand Analysis & Opportunity Outlook 2023”
The Africa revenue assurance market
is segmented into end user type such as small enterprise, medium enterprise and
large enterprise. Among these segments, large enterprise segment is expected to
experience remarkable growth over the forecast period. The expansion of large
enterprise segment can be attributed to expanding product portfolios of the
companies, which in turn, increasing risk of revenue leakage in the large
companies. Moreover, increasing business complexities is also a major factor
which is anticipated to escalate the demand for revenue assurance solutions and
services during the forecast period.
Africa revenue assurance market
is expected to register a robust CAGR over the forecast period. Moreover, Africa
revenue assurance market is expected to reach at notable revenue by the end of
2024. The market is expected to expand on the back of a number of factors which
are higher operational complexity, rising probability of revenue leakage,
acquisition, merging and partnership in various business enterprises.
The telecom segment by industry
type is likely to grow at remarkable pace during the forecast period. The loss
of revenue in telecom sector of Africa is directly affecting the business of
many telecom players in the region by decreasing the profitability. Further, telecom
companies are looking forward to implement revenue assurance services and
solutions in order to provide better services and generate feasible revenue.
Rising need for prevention
and control of revenue leakage
The demand for revenue
assurance service and solutions is expected to rise during the forecast period
due to increasing need for fraud detection and to prevent internal revenue
leakage in the business enterprises. Moreover, large and medium scale
organizations are witnessing high revenue leakage due to factors such as
acquisition, merging, collaboration, joint venture with other companies and increasing
operational complexity. Growing operational complexity in large and medium
scale organizations is likely to fuel the demand for revenue assurance service
& solutions during the forecast period.
Currency
fluctuation in African economies
Increasing volatility in
African currency is also a major factor which is envisioned to lead companies
to adopt revenue assurance solutions and services in order to prevent internal
financial losses. Moreover, rising demand for better services and facilities
from the consumers end is projected to open new avenues for the revenue
assurance service providers in the region. Although,
higher cost of assuring revenues is one of the major factors that are likely to
inhibit the growth of the Africa
Revenue Assurance Market in the near future.
The
report titled “Revenue
Assurance Market : Africa Demand Analysis & Opportunity Outlook 2023” delivers detailed overview of
the Africa revenue assurance market in
terms of market segmentation by service type, by deployment type, by industry
type, by end user and by region. Further, for the in-depth analysis, the report
encompasses the industry growth drivers, restraints, supply and demand risk,
market attractiveness, BPS analysis and Porter’s five force model.
Request For TOC Here:
This report also provides the
existing competitive scenario of some of the key players of the Africa revenue
assurance market which includes company profiling of Accenture PLC, Ericsson AB, Hewlett Packard, IBM Corp., Nokia Solutions
and Networks, Wedo Technologies, Subex Limited, Cvidya (Amdocs). The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the Africa
revenue assurance market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the future.
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Contact for more Info:
Name:-
Ajay Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
No comments:
Post a Comment