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Revenue Assurance Market : Africa Demand Analysis & Opportunity Outlook 2023

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Extensive insights into the Growth of Revenue Assurance Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Africa Revenue Assurance Market Overview

Riding on the back of technology, businesses are expanding beyond boundaries.  With rapid digitization, a spiked revenue is being tallied by service sectors in today’s time; especially telecom. The competitive business environment across the globe needs to diversify the revenue into several lines of businesses (LOBs) that raise the complexity and further leads to revenue leakage.

The revenue assurance services are taking care of revenue leakage and fraud leakage in order to optimize the revenue realized from business and further helps to disseminate on various levels.

Further, the fluctuations in consumers demand, paradigm shift in operational activities and corporate acquisitions lead to complexity in business to operate revenue and increase profitability. In order to maintain and increase the profitability with minimum loss from revenue leakage, the companies opt the efficient management revenue solutions and tools.   

The revenue assurance service/solution providers offer various services such as planning and consulting to prevent revenue losses by finding and correcting the stream of revenue of the business.

Market Segmentation

The revenue assurance market of Africa is segmented on the basis of:         

Analysis By Services Type

  1. Managed Services
  2. System Integration
  3. Operations and Maintenance
  4. Planning and Consulting

Analysis By Deployment Type

  1. Cloud-based
  2. On-premises

Analysis By Industry type

  1. Banking, Financial Services and Insurance(BFSI)
  2. Telecom
  3. Healthcare
  4. Logistics
  5. Retail
  6. Energy and Utilities

By End-user

  1. Small Enterprise
  2. Medium Enterprise
  3. Large Enterprise

By Region

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and challenges

Factors like, acquisitions, corporate mergers that increase complexity in the business and revenue leakages affecting the profitability of business are projected to escalate the demand for revenue assurance in the region. Further, companies opting preventive management systems to find and correct the revenue leakages would help the revenue assurance to see new great s.

In addition to that, efficient and qualitative revenue assurance services offered by domestic & international players are expected to drive the revenue assurance market in Africa over the forecast period i.e. 2015-2023

Meanwhile, lack of expertise and skilled workforce in the market is expected to dampen the revenue assurance market during the forecast period 2015-2023.

Economic slowdown and currency fluctuations are yet another reasons expected to impact moderately on the growth of revenue assurance market in the region.

Market size and forecast

The revenue assurance market of Africa is expected to show a lucrative growth as multinational and national players are expanding their business towards the horizon of Africa.

Africa, as an emerging region across the globe and presence of developing countries and burgeoned demand for better services and facilities from the consumers end are projected to open new avenues for the revenue assurance service providers in the region.

                     

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. The business players are implementing the revenue assurance services and solutions in order to provide better services and generate feasible revenue. CLICK TO DOWNLOAD FREE SAMPLE REPORT

Key Players

The service providers of revenue assurance market of Africa as follows:

  • Accenture
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Ericsson
  • Hewlett Packard
  • IBM
  • Nokia Solutions and Networks
  • Wedo Technologies
  • Subex
  • Cvidya

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Revenue Assurance Market of Africa Market is segmented as follows:

  • By Services type Market Size and Y-O-Y Growth Analysis
  • By Deployment type Market Size and Y-O-Y Growth Analysis
  • By Industry type Market Size and Y-O-Y Growth Analysis
  • By End-user Market Size and Y-O-Y Growth Analysis

By Country

  • Angola Market Size and Y-O-Y Growth Analysis
  • Morocco Market Size and Y-O-Y Growth Analysis
  • Libya Market Size and Y-O-Y Growth Analysis
  • Sudan Market Size and Y-O-Y Growth Analysis
  • Kenya Market Size and Y-O-Y Growth Analysis
  • Ethiopia Market Size and Y-O-Y Growth Analysis
  • Ghana Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment


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