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
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.
The revenue assurance market of Africa is segmented on the basis of:
By Region
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.
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
The service providers of revenue assurance market of Africa as follows:
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The Revenue Assurance Market of Africa Market is segmented as follows:
By Country
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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