UK Convergent Billing Market Size & Outlook, 2022-2030
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UK convergent billing market highlights
- The UK convergent billing market generated a revenue of USD 785.6 million in 2022 and is expected to reach USD 3,819.2 million by 2030.
- The UK market is expected to grow at a CAGR of 21.9% 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 2022 | USD 785.6 million |
| Market revenue in 2030 | USD 3,819.2 million |
| Growth rate | 21.9% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | Nokia 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, UK accounted for 5.6% 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 Europe, UK convergent billing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,151.8 million by 2030.
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Convergent Billing Market Scope
Convergent Billing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IDI Billing Solutions | View profile | 101-250 | Victor, New York, United States, North America | http://idibilling.com |
| Comarch | View profile | 5001-10000 | Kraków, Malopolskie, Poland, Europe | http://www.comarch.com |
| MIND C.T.I. Ltd | View profile | 144 | 2 HaCarmel Street, Yoqneam, Israel, 2066724 | https://www.mindcti.com |
| CSG Systems International Inc | View profile | 6000 | 169 Inverness Dr W, Suite 300, Englewood, CO, United States, 80111 | https://www.csgi.com |
| Optiva Inc | View profile | 418 | 2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, Canada, L5N 2X7 | https://www.optiva.com |
| Amdocs Ltd | View profile | 29000 | 625 Maryville Centre Drive, Suite 200, Saint Louis, MO, United States, 63141 | https://www.amdocs.com |
| Sterlite Technologies Ltd DR | View profile | 5672 | Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, India, 411 001 | https://www.stl.tech |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
UK 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 64.56% in 2022. Horizon Databook has segmented the UK convergent billing market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK convergent billing market , including forecasts for subscribers. This country databook contains high-level insights into UK convergent billing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK convergent billing market size, by component, 2018-2030 (US$M)
UK Convergent Billing Market Outlook Share, 2022 & 2030 (US$M)
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