China Convergent Billing Market Size & Outlook, 2022-2030

The convergent billing market in China is expected to reach a projected revenue of US$ 5,830.7 million by 2030. A compound annual growth rate of 23.7% is expected of China convergent billing market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,062.6
Forecast, 2030 (US$M)
$5,830.7
CAGR, 2023 - 2030
23.7%
Report Coverage
China

China convergent billing market highlights

  • The China convergent billing market generated a revenue of USD 1,062.6 million in 2022 and is expected to reach USD 5,830.7 million by 2030.
  • The China market is expected to grow at a CAGR of 23.7% from 2023 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2022.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.


Convergent billing market data book summary

Market revenue in 2022USD 1,062.6 million
Market revenue in 2030USD 5,830.7 million
Growth rate23.7% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwideNokia Oyj, Sterlite Technologies Ltd DR, Amdocs Ltd, SAP SE, Huawei Technologies, Optiva Inc, CSG Systems International Inc, MIND C.T.I. Ltd, Comarch, IDI Billing Solutions


Other key industry trends

  • In terms of revenue, China accounted for 7.5% of the global convergent billing market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China convergent billing market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,830.7 million by 2030.

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Convergent Billing Market Scope

Convergent billing market segmentation & scope
Customer Relationship Management
Settlement and Payment Management
Mediation
Voucher Management
Others
Consulting Services
Managed Services
Customization Services
Cloud
On-premise

Convergent Billing Market Companies

Name Profile # Employees HQ Website

China convergent billing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to convergent billing market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 64.41% in 2022. Horizon Databook has segmented the China convergent billing market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of China convergent billing market databook

  • Our clientele includes a mix of convergent billing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China convergent billing market , including forecasts for subscribers. This country databook contains high-level insights into China convergent billing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China convergent billing market size, by component, 2018-2030 (US$M)

China Convergent Billing Market Outlook Share, 2022 & 2030 (US$M)

China convergent billing market size, by component, 2018-2030 (US$M)

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