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By 2030, the revenue management market is anticipated to be worth USD 22.24 billion, up from an estimated USD 14.19 billion in 2022. The increasing demand for competitive pricing strategies, the widespread adoption of mobile devices, the rapid expansion of subscriber bases in different regions, and the pressure from digital transformation on Communication Service Providers (CSPs) to implement revenue management across all of their current systems are all major forces propelling the market forward.
The goal of revenue management is to maximize profit from already established supply networks for businesses in the service sector. It's a useful tool for forecasting consumer demand and adjusting supply and price in order to boost profits. Companies use revenue management to boost their bottom line by controlling their cash flow, creating billing schedules, and improving their revenue cycle, among other things.
The growing need for integrated systems and the rising customer awareness are driving the worldwide revenue management industry. The expansion of e-travel platforms as a means for the distribution of add-on services also contributes to the expansion of the market. However, the expansion of the revenue management market is hampered by companies' incapacity to adapt to the changing nature of the industry and the rise of cross-platform applications. In contrast, the market will likely expand due to rising demand for revenue and channel management and the subsequent need to upgrade the current outdated system.
In order to maximize profit from existing supply chains, many service sectors have turned to revenue management strategies. It's useful for estimating future sales, which in turn helps with inventory management and value estimation. Managing cash flow, creating billing schedules, and improving the revenue cycle are just a few of the many benefits that businesses enjoy when they adopt a revenue management strategy.
The global Revenue Management Market is being propelled by rising client awareness and demand for integrated systems. The market would likely be propelled by the rising need for revenue and channel management and the subsequent need to upgrade the current inheritance system. However, progress in the industry is hampered by companies' inability to keep up with shifting consumer preferences and the rise of cross-platform apps. The expansion of online travel agencies also contributes to the expansion of the sector. In the coming years, the telecom industry is poised to become one of the biggest beneficiaries of the cloud and IoT trade, reaping huge profits from a wide range of paid services and expanding their cloud service infrastructure in response to user demand.
The global Revenue Management Market is being propelled by rising client awareness and demand for integrated systems. The market would likely be propelled by the rising need for revenue and channel management and the subsequent need to upgrade the current inheritance system. However, progress in the industry is hampered by companies' inability to keep up with shifting consumer preferences and the rise of cross-platform apps. The expansion of online travel agencies also contributes to the expansion of the sector. In the coming years, the telecom industry is poised to become one of the biggest beneficiaries of the cloud and IoT trade, reaping huge profits from a wide range of paid services and expanding their cloud service infrastructure in response to user demand.
In addition, the increasing demand for cloud and IoT solutions and services, as well as the accompanying shift in corporate focus, create an opening for the development of medium-sized and worldwide market leaders. The expansion of the global market can be attributed primarily to the rising demand for better property solutions to attach sensible gadgets and the rising interest from medium and sensible manufacturers to monetize and manage the smart instruments via property.
Report Coverage
Global Revenue Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Revenue Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Revenue Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Revenue Management market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Revenue Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Revenue Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Huawei (China), Amdocs (US) Oracle (US), Netcracker (Japan), CSG (US), Ericsson (Sweden), Cerillion (UK), Mahindra Comviva (India), Optiva (Ireland), SAP (Germany), Accenture (Ireland), Enghousenetworks (Canada), Accelya (India), HQ Revenue (Germany), IDeaS (US), ZuoraREVPRO (2007), R1RCM (US), Workday (US), Fiserv (US), Apttus (US), and Infor (US).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Revenue Management market based on the below-mentioned segments:
Global Revenue Management Market, By Component
Solutions
Services
Global Revenue Management market, By Deployment Mode
On-premise
Cloud
Global Revenue Management Market, By Industry Vertical
Telecom
Hospitality
Transportation
Healthcare
BFSI
Retail and eCommerce
Utilities
Others
Global Revenue Management market, Regional Analysis
The goal of revenue management is to maximize profit from already established supply networks for businesses in the service sector. It's a useful tool for forecasting consumer demand and adjusting supply and price in order to boost profits. Companies use revenue management to boost their bottom line by controlling their cash flow, creating billing schedules, and improving their revenue cycle, among other things.
The growing need for integrated systems and the rising customer awareness are driving the worldwide revenue management industry. The expansion of e-travel platforms as a means for the distribution of add-on services also contributes to the expansion of the market. However, the expansion of the revenue management market is hampered by companies' incapacity to adapt to the changing nature of the industry and the rise of cross-platform applications. In contrast, the market will likely expand due to rising demand for revenue and channel management and the subsequent need to upgrade the current outdated system.
In order to maximize profit from existing supply chains, many service sectors have turned to revenue management strategies. It's useful for estimating future sales, which in turn helps with inventory management and value estimation. Managing cash flow, creating billing schedules, and improving the revenue cycle are just a few of the many benefits that businesses enjoy when they adopt a revenue management strategy.
The global Revenue Management Market is being propelled by rising client awareness and demand for integrated systems. The market would likely be propelled by the rising need for revenue and channel management and the subsequent need to upgrade the current inheritance system. However, progress in the industry is hampered by companies' inability to keep up with shifting consumer preferences and the rise of cross-platform apps. The expansion of online travel agencies also contributes to the expansion of the sector. In the coming years, the telecom industry is poised to become one of the biggest beneficiaries of the cloud and IoT trade, reaping huge profits from a wide range of paid services and expanding their cloud service infrastructure in response to user demand.
The global Revenue Management Market is being propelled by rising client awareness and demand for integrated systems. The market would likely be propelled by the rising need for revenue and channel management and the subsequent need to upgrade the current inheritance system. However, progress in the industry is hampered by companies' inability to keep up with shifting consumer preferences and the rise of cross-platform apps. The expansion of online travel agencies also contributes to the expansion of the sector. In the coming years, the telecom industry is poised to become one of the biggest beneficiaries of the cloud and IoT trade, reaping huge profits from a wide range of paid services and expanding their cloud service infrastructure in response to user demand.
In addition, the increasing demand for cloud and IoT solutions and services, as well as the accompanying shift in corporate focus, create an opening for the development of medium-sized and worldwide market leaders. The expansion of the global market can be attributed primarily to the rising demand for better property solutions to attach sensible gadgets and the rising interest from medium and sensible manufacturers to monetize and manage the smart instruments via property.
Report Coverage
Global Revenue Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Revenue Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Revenue Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Revenue Management market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Huawei (China), Amdocs (US) Oracle (US), Netcracker (Japan), CSG (US), Ericsson (Sweden), Cerillion (UK), Mahindra Comviva (India), Optiva (Ireland), SAP (Germany), Accenture (Ireland), Enghousenetworks (Canada), Accelya (India), HQ Revenue (Germany), IDeaS (US), ZuoraREVPRO (2007), R1RCM (US), Workday (US), Fiserv (US), Apttus (US), and Infor (US). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Revenue Management Market from 2021 to 2030.
- Market Forecast for Revenue Management Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Revenue Management competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Revenue Management
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Revenue Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Revenue Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Huawei (China), Amdocs (US) Oracle (US), Netcracker (Japan), CSG (US), Ericsson (Sweden), Cerillion (UK), Mahindra Comviva (India), Optiva (Ireland), SAP (Germany), Accenture (Ireland), Enghousenetworks (Canada), Accelya (India), HQ Revenue (Germany), IDeaS (US), ZuoraREVPRO (2007), R1RCM (US), Workday (US), Fiserv (US), Apttus (US), and Infor (US).
Primary Target Market
- Market Players of Revenue Management
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Revenue Management market based on the below-mentioned segments:
Global Revenue Management Market, By Component
Solutions
Services
Global Revenue Management market, By Deployment Mode
On-premise
Cloud
Global Revenue Management Market, By Industry Vertical
Telecom
Hospitality
Transportation
Healthcare
BFSI
Retail and eCommerce
Utilities
Others
Global Revenue Management market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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