Europe Convergent Billing Market Size & Outlook, 2022-2030

The convergent billing market in Europe is expected to reach a projected revenue of US$ 14,451.4 million by 2030. A compound annual growth rate of 21.2% is expected of Europe convergent billing market from 2023 to 2030.
Revenue, 2022 (US$M)
$3,101.2
Forecast, 2030 (US$M)
$14,451.4
CAGR, 2023 - 2030
21.2%
Report Coverage
Europe

Europe convergent billing market highlights

  • The Europe convergent billing market generated a revenue of USD 3,101.2 million in 2022.
  • The market is expected to grow at a CAGR of 21.2% 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.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 3,101.2 million
Market revenue in 2030USD 14,451.4 million
Growth rate21.2% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Europe region accounted for 22.0% of the global convergent billing market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 17,992.1 million by 2030.

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Convergent Billing Market Companies

Name Profile # Employees HQ Website

Europe 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 64.61% in 2022. Horizon Databook has segmented the Europe 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 Europe 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe convergent billing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe convergent billing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe convergent billing market size, by country, 2018-2030 (US$M)

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

Europe convergent billing market size, by country, 2018-2030 (US$M)

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