|Market Research A to Z | Company Profiles A to Z | Register | Contact Us|
|+44 (0) 203 086 8600 Call us on|
The global mobile billing evolution market has been steadily expanding over the past decade, but is now expected to enter a substantially stronger growth phase, with the global mobile billing systems market expected to reach revenues of $6.13 billion in 2012.
Mobile billing evolution market growth will be bolstered by ever-present migration to next-generation networks. This market, under the broader OSS (operational support systems)/BSS (business support systems) umbrella, will be a salient issue in the telecoms market through to 2017.
The consumer uses the mobile billing option during checkout at an e-commerce site to make a payment. After two-factor authentication involving a PIN and One-Time-Password, the consumer's mobile account is charged for the purchase. This type of mobile payment method, which is extremely prevalent and popular in Asia, provides the following benefits: security, convenience, easy, fast and proven.
Growth within the mobile billing evolution market is set to be driven by operators eager to tear down old operational silos and reduce their OPEX. A large amount of focus is being placed on customer experience, time-to-market, augmenting revenue realisation while reducing leakages, and monetising innovative new products. By 2016, the global mobile billing evolution market is set to reach an all-time high.
A recent shift in focus towards customer experience has also brought about new paradigms in the telecoms industry. Constantly looking for ways to simplify internal processes and monetise their services more efficiently, next-generation mobile billing systems appear to address a number of today's concerns.
For more information on the mobile billing evolution market, see the latest research: Mobile Billing Evolutions Market Report
Follow us on Twitter @CandMResearch
Do you need to track your competitors and customers on a continuous basis? We have the expertise to provide you with a cost-effective, fully customised competitor tracking portal, which collates data on your competitors on a continuous basis. Contact us for a free consultation and demonstration.
Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?
Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website.
Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.