Convergent Charging Now a $1 Billion Market

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The global convergent charging market, including software and services, is on track to surge 42 percent this year to $1.26 billion.

That's the prediction from Infonetics Research in its latest "Convergent Charging Software and Services" market share and forecast report, which says the convergent-charging market will grow to $3.2 billion by 2015.

“Smaller software suppliers such as Comptel, Volubill, and Orga Systems have gained traction in emerging markets with their integrated solutions that include charging policy and subscriber management functionality. However, these vendors face intensified competition from larger IT and billing players like HP, SAP, Oracle, CSG, Amdocs, and Convergys that are taking a more converged approach to charging by incorporating adjacent functionality," said Shira Levine, directing analyst for next-gen OSS and policy at Infonetics Research.

The report names Telcordia, Comverse, Huawei, Ericsson and Amdocs as the top five convergent-charging vendors based on 2010 global revenue. Asia Pacific – particularly Southeast Asia and India – is the leading region for convergent charging activity, where an influx of new competitors and a predominance of prepaid customers forces telecom operators there to differentiate on more than just price, Levine said. Also, the Infonetics report shows there is growing interest in deploying convergent charging solutions that support both the consumer market and enterprise services, such as hybrid accounts for employees, revenue settlement for cloud services, and real-time management of machine-to-machine (M2M) transactions.

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