North America Revenue Assurance Market Forecast to 2030

At 11.8% CAGR, North America Revenue Assurance Market is Speculated to be Worth US$ 4,682.84 Million by 2030, says the Research Team

According to the Research Team’ research, the North America revenue assurance market was valued at US$ 1,921.91 million in 2022 and is expected to reach US$ 4,682.84 million by 2030, registering a CAGR of 11.8% from 2022 to 2030. Rise in internet penetration and expansion of telecom sector are among the critical factors attributed to drive the North America revenue assurance market growth.

As internet usage continues to grow, more businesses are conducting their operations online, leading to an increase in the generation of digital transactions and revenue streams. According to World Bank data, globally, the number of individuals using the Internet in 2021 was 63%, an increase from 60% in 2020. With more people accessing the Internet, more digital transactions are taking place. This includes online purchases, digital payments, and other online financial activities. The larger the volume of transactions, the greater the need for effective revenue assurance measures to ensure accurate billing, prevent revenue leakages, and detect fraudulent activities. Moreover, the rise in internet penetration has fueled the growth of the e-commerce industry. Online retail platforms and marketplaces are experiencing increased activity, with more businesses and consumers participating in online buying and selling. Revenue assurance is crucial in ensuring accurate revenue recognition, managing inventory, and preventing revenue leakages in e-commerce. There is a significant increase in the use of mobile internet. As more people access the Internet through their mobile devices, there is a need for revenue assurance solutions that can effectively monitor and manage revenue streams from mobile services, such as mobile data, voice calls, and value-added services. Hence, the rising internet penetration is a significant driver for the revenue assurance market.

On the flip side, lack of awareness and understanding of revenue assurance hampers the growth of North America revenue assurance market.

Based on component, the North America revenue assurance market is bifurcated into solution and services. The solution segment held 74.9% market share in 2022, amassing US$ 1,438.59 million. It is projected to garner US$ 3,551.60 million by 2030 to register 12.0% CAGR during 2022-2030.

In terms of deployment, the North America revenue assurance market is bifurcated into on-premises and cloud-based. The cloud-based segment held 73.6% share of North America revenue assurance market in 2022, amassing US$ 1,414.04 million. It is anticipated to garner US$ 3,647.33 million by 2030 to expand at 12.6% CAGR during 2022-2030.

In terms of organization size, the North America revenue assurance market is bifurcated into SMEs and large enterprises. The large enterprises segment held 70.2% share of North America revenue assurance market in 2022, amassing US$ 1,349.89 million. It is anticipated to garner US$ 3,368.14 million by 2030 to expand at 12.1% CAGR during 2022-2030.

Based on vertical, the North America revenue assurance market is segmented into BFSI, hospitality, telecom, utilities, and others. The telecom segment held 34.2% market share in 2022, amassing US$ 657.67 million. It is projected to garner US$ 1,692.50 million by 2030 to register 12.5% CAGR during 2022-2030.

Based on country, the North America revenue assurance market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 83.0% share of North America revenue assurance market in 2022. It was assessed at US$ 1,595.18 million in 2022 and is likely to hit US$ 3,988.62 million by 2030, registering a CAGR of 12.1% during 2022-2030.

Key players operating in the North America revenue assurance market are Cartesian Inc, Nokia Corp, Tata Consultancy Services Ltd, Amdocs, Subex, LATRO Services Inc, Araxxe SAS, Panamax Inc, and Adapt IT Holding Proprietary Ltd., among others.

In August 2021, Subex Ltd. has extended its partnership with telecom operator Robi to upgrade its existing integrated revenue assurance and fraud management (iRAFM) system. Through this upgrade, Robi leveraged the artificial intelligence/machine learning (AI/ML) capabilities of Subex’s revenue assurance and fraud management solutions to tackle new-age telecom threats in the region and deliver a superior customer experience as it looks to provide services built on 5G.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America revenue assurance market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America revenue assurance market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America revenue assurance market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Revenue Assurance Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Solution Providers:
4.3.2 Service Providers
4.3.3 End Users:
4.3.4 List of Vendors in the Value Chain
5. North America Revenue Assurance Market – Key Market Dynamics
5.1 Drivers
5.1.1 Rise in Internet Penetration
5.1.2 Favorable Business Environment
5.2 Restraints
5.2.1 Lack of Awareness and Understanding of Revenue Assurance
5.2.2 Organizational Management Issues
5.3 Opportunity
5.3.1 Rapid Evolution of Digital Technologies
5.4 Future Trends
5.4.1 Growing Importance of Revenue Assurance in Non-Telecom Sectors
5.5 Impact of Drivers and Restraints:
6. Revenue Assurance Market – North America Market Analysis
6.1 Revenue Assurance Market Revenue (US$ Million), 2020-2030
6.2 Revenue Assurance Market Forecast Analysis
7. North America Revenue Assurance Market Analysis – by Component
7.1 Solution
7.1.1 Overview
7.1.2 Solution: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Services
7.2.1 Overview
7.2.2 Services: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Revenue Assurance Market Analysis – by Deployment
8.1 On-premise
8.1.1 Overview
8.1.2 On-premise: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Cloud-based
8.2.1 Overview
8.2.2 Cloud-based: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Revenue Assurance Market Analysis – by Organization Size
9.1 SMEs
9.1.1 Overview
9.1.2 SMEs: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Large Enterprises
9.2.1 Overview
9.2.2 Large Enterprises: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Revenue Assurance Market Analysis – by Vertical
10.1 BFSI
10.1.1 Overview
10.1.2 BFSI: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
10.2 Hospitality
10.2.1 Overview
10.2.2 Hospitality: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
10.3 Telecom
10.3.1 Overview
10.3.2 Telecom: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
10.4 Utilities
10.4.1 Overview
10.4.2 Utilities: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
11. North America Revenue Assurance Market – Country Analysis
11.1 North America Revenue Assurance Market Overview
11.1.1 North America: Revenue Assurance Market – Revenue and Forecast Analysis – by Country
11.1.1.1 North America: Revenue Assurance Market – Revenue and Forecast Analysis – by Country
11.1.1.2 United States: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.2.1 United States: Revenue Assurance Market Breakdown, by Component
11.1.1.2.2 United States: Revenue Assurance Market Breakdown, by Deployment
11.1.1.2.3 United States: Revenue Assurance Market Breakdown, by Organization Size
11.1.1.2.4 United States: Revenue Assurance Market Breakdown, by Vertical
11.1.1.3 Canada: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.3.1 Canada: Revenue Assurance Market Breakdown, by Component
11.1.1.3.2 Canada: Revenue Assurance Market Breakdown, by Deployment
11.1.1.3.3 Canada: Revenue Assurance Market Breakdown, by Organization Size
11.1.1.3.4 Canada: Revenue Assurance Market Breakdown, by Vertical
11.1.1.4 Mexico: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
11.1.1.4.1 Mexico: Revenue Assurance Market Breakdown, by Component
11.1.1.4.2 Mexico: Revenue Assurance Market Breakdown, by Deployment
11.1.1.4.3 Mexico: Revenue Assurance Market Breakdown, by Organization Size
11.1.1.4.4 Mexico: Revenue Assurance Market Breakdown, by Vertical
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Mergers & Acquisitions
14. Company Profiles
14.1 Cartesian, Inc
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Nokia Corp
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Tata Consultancy Services Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Amdocs Ltd
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Subex Ltd
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 LATRO Services Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Araxxe SAS
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Panamax Inc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Adapt IT Holdings Proprietary Ltd
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About The the Reporting Teams
15.2 Word Index

LIST OF TABLES

Table 1. Revenue Assurance Market Segmentation
Table 2. List of Vendors
Table 3. Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million) – by Component
Table 5. Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million) – by Deployment
Table 6. Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million) – by Organization Size
Table 7. Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million) – by Vertical
Table 8. North America: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 9. United States: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Component
Table 10. United States: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 11. United States: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Organization Size
Table 12. United States: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Vertical
Table 13. Canada: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Component
Table 14. Canada: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 15. Canada: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Organization Size
Table 16. Canada: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Vertical
Table 17. Mexico: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Component
Table 18. Mexico: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Deployment
Table 19. Mexico: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Organization Size
Table 20. Mexico: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million) – by Vertical
Table 21. Heat Map Analysis
Table 22. List of Abbreviation

LIST OF FIGURES

Figure 1. Revenue Assurance Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Revenue Assurance Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Revenue Assurance Market Revenue (US$ Million), 2020-2030
Figure 7. Revenue Assurance Market Share (%) – by Component (2022 and 2030)
Figure 8. Solution: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Services: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Revenue Assurance Market Share (%) – by Deployment (2022 and 2030)
Figure 11. On-premise: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Cloud-based: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Revenue Assurance Market Share (%) – by Organization Size (2022 and 2030)
Figure 14. SMEs: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Large Enterprises: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Revenue Assurance Market Share (%) – by Vertical (2022 and 2030)
Figure 17. BFSI: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Hospitality: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Telecom: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Utilities: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: Revenue Assurance Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. North America: Revenue Assurance Market, by Key Country – Revenue (2022) (US$ Million)
Figure 23. North America: Revenue Assurance Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 24. United States: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Canada: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million)
Figure 26. Mexico: Revenue Assurance Market – Revenue and Forecast to 2030(US$ Million)
Figure 27. Company Positioning & Concentration