
North America Revenue Assurance Market Forecast to 2030 - Regional Analysis - by Component (Solution and Services), Deployment (On-Premise and Cloud-Based), Organization Size (SMEs and Large Enterprises), and Vertical (BFSI, Hospitality, Telecom, Utilitie
Description
North America Revenue Assurance Market Forecast to 2030 - Regional Analysis - by Component (Solution and Services), Deployment (On-Premise and Cloud-Based), Organization Size (SMEs and Large Enterprises), and Vertical (BFSI, Hospitality, Telecom, Utilities, and Others)
The North America revenue assurance market was valued at US$ 1,921.91 million in 2022 and is expected to reach US$ 4,682.84 million by 2030; it is estimated to record a CAGR of 11.8% from 2022 to 2030. Favorable Business Environment Fuels North America Revenue Assurance Market The revenue assurance market is experiencing significant growth, driven by factors such as favorable business environments and the provision of solid customer support. These factors contribute to developing and expanding revenue assurance solutions that help businesses optimize revenue streams, mitigate risks, and enhance operational efficiency. The emergence of favorable business environments is characterized by progressive regulatory frameworks, government support, and growing investor confidence. These factors have fostered a conducive atmosphere for businesses to flourish and expand their operations. A favorable business environment encourages companies to invest in revenue assurance solutions to safeguard revenue streams, prevent financial leakages, and maintain compliance with regulatory requirements. Additionally, the availability of advanced technologies and infrastructure facilitates the implementation of revenue assurance measures, further boosting market growth. According to the International Monetary Fund, global economic growth is projected to stay at 3.1% in 2024 and rise to 3.2% in 2025. The growth is driven by comprehensive pro-business reforms and the adoption of advanced technologies, which positively impact the adoption of business-friendly initiatives such as revenue assurance solutions. North America Revenue Assurance Market Overview The North America revenue management market is segmented into the US, Canada, and Mexico. The revenue assurance market is experiencing consistent and promising growth in North America, driven by the increasing internet penetration. With more people accessing the internet, providers are offering a wider range of complex services-think streaming, cloud storage, bundled packages, and advanced mobile data plans. This complexity creates more opportunities for errors and revenue leakage, making robust revenue assurance solutions crucial. The US is highly investing in internet access. For instance, in June 2023, the White House announced that it would split US$ 42 billion among the nation's 50 states and territories to make access to high-speed broadband universal by 2030. The growing digital transactions also drive the revenue assurance market. For instance, in February 2024, Visa, one of the global leaders in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world's foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally. In addition, in 2023, Bank of America clients connected with their finances more than 23.4 billion times through a combination of digital logins and proactive alerts-an 11% increase year over year and record. Clients received more than 10.6 billion proactive digital alerts in 2023-an increase of 12% year-over-year-giving them real-time insight into their financial lives. The Bank of America now has 57 million verified digital users, among which more than 35 million have opted to receive these alerts. Thus, increased internet use leads to more digital transactions, such as online payments, subscriptions, and micro-transactions. Each transaction carries the risk of errors and fraud, highlighting the need for efficient revenue assurance systems to identify and recover lost revenue. Therefore, the rise of internet penetration creates a dynamic and complex environment for businesses in North America. Revenue assurance solutions play a critical role in helping these businesses navigate this complexity, optimize their revenue, and stay competitive in the market. North America Revenue Assurance Market Revenue and Forecast to 2030 (US$ Million) North America Revenue Assurance Market Segmentation The North America revenue assurance market is categorized into components, deployment, organization size, vertical, and country. Based on component, the North America revenue assurance market is bifurcated into solution and services. The solution segment held a larger market share in 2022. In terms of deployment, the North America revenue assurance market is bifurcated into on-premises and cloud-based. The cloud-based segment held a larger market share in 2022. By organization size, the North America revenue assurance market is bifurcated into SMEs and large enterprises. The large enterprises segment held a larger market share in 2022. Based on vertical, the North America revenue assurance market is categorized into BFSI, hospitality, telecom, utilities, and others. The telecom segment held a larger market share in 2022. By country, the North America revenue assurance market is segmented into the US, Canada, and Mexico. The US dominated the North America revenue assurance market share in 2022. Cartesian Inc, Nokia Corp, Tata Consultancy Services Ltd, Amdocs, Subex, Araxxe SAS, LATRO Services Inc, Panamax Inc, and Adapt IT Holding Proprietary Ltd are some of the leading companies operating in the North America revenue assurance market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America revenue assurance market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America revenue assurance market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America revenue assurance market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
90 Pages
- 1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Revenue Assurance Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 Solution Providers:
- 4.3.2 Service Providers
- 4.3.3 End Users:
- 4.3.4 List of Vendors in the Value Chain
- 5. North America Revenue Assurance Market - Key Market Dynamics
- 5.1 Drivers
- 5.1.1 Rise in Internet Penetration
- 5.1.2 Favorable Business Environment
- 5.2 Restraints
- 5.2.1 Lack of Awareness and Understanding of Revenue Assurance
- 5.2.2 Organizational Management Issues
- 5.3 Opportunity
- 5.3.1 Rapid Evolution of Digital Technologies
- 5.4 Future Trends
- 5.4.1 Growing Importance of Revenue Assurance in Non-Telecom Sectors
- 5.5 Impact of Drivers and Restraints:
- 6. Revenue Assurance Market - North America Market Analysis
- 6.1 Revenue Assurance Market Revenue (US$ Million), 2020-2030
- 6.2 Revenue Assurance Market Forecast Analysis
- 7. North America Revenue Assurance Market Analysis - by Component
- 7.1 Solution
- 7.1.1 Overview
- 7.1.2 Solution: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 8. North America Revenue Assurance Market Analysis - by Deployment
- 8.1 On-premise
- 8.1.1 Overview
- 8.1.2 On-premise: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 8.2 Cloud-based
- 8.2.1 Overview
- 8.2.2 Cloud-based: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 9. North America Revenue Assurance Market Analysis - by Organization Size
- 9.1 SMEs
- 9.1.1 Overview
- 9.1.2 SMEs: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2 Large Enterprises
- 9.2.1 Overview
- 9.2.2 Large Enterprises: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 10. North America Revenue Assurance Market Analysis - by Vertical
- 10.1 BFSI
- 10.1.1 Overview
- 10.1.2 BFSI: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 10.2 Hospitality
- 10.2.1 Overview
- 10.2.2 Hospitality: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 10.3 Telecom
- 10.3.1 Overview
- 10.3.2 Telecom: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 10.4 Utilities
- 10.4.1 Overview
- 10.4.2 Utilities: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 10.5 Others
- 10.5.1 Overview
- 10.5.2 Others: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 11. North America Revenue Assurance Market - Country Analysis
- 11.1 North America Revenue Assurance Market Overview
- 11.1.1 North America: Revenue Assurance Market - Revenue and Forecast Analysis - by Country
- 11.1.1.1 North America: Revenue Assurance Market - Revenue and Forecast Analysis - by Country
- 11.1.1.2 United States: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 11.1.1.2.1 United States: Revenue Assurance Market Breakdown, by Component
- 11.1.1.2.2 United States: Revenue Assurance Market Breakdown, by Deployment
- 11.1.1.2.3 United States: Revenue Assurance Market Breakdown, by Organization Size
- 11.1.1.2.4 United States: Revenue Assurance Market Breakdown, by Vertical
- 11.1.1.3 Canada: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 11.1.1.3.1 Canada: Revenue Assurance Market Breakdown, by Component
- 11.1.1.3.2 Canada: Revenue Assurance Market Breakdown, by Deployment
- 11.1.1.3.3 Canada: Revenue Assurance Market Breakdown, by Organization Size
- 11.1.1.3.4 Canada: Revenue Assurance Market Breakdown, by Vertical
- 11.1.1.4 Mexico: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- 11.1.1.4.1 Mexico: Revenue Assurance Market Breakdown, by Component
- 11.1.1.4.2 Mexico: Revenue Assurance Market Breakdown, by Deployment
- 11.1.1.4.3 Mexico: Revenue Assurance Market Breakdown, by Organization Size
- 11.1.1.4.4 Mexico: Revenue Assurance Market Breakdown, by Vertical
- 12. Competitive Landscape
- 12.1 Heat Map Analysis by Key Players
- 12.2 Company Positioning & Concentration
- 13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.3 Mergers & Acquisitions
- 14. Company Profiles
- 14.1 Cartesian, Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Nokia Corp
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 Tata Consultancy Services Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Amdocs Ltd
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 Subex Ltd
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 LATRO Services Inc
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 Araxxe SAS
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 Panamax Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 Adapt IT Holdings Proprietary Ltd
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 15. Appendix
- 15.1 About The Insight Partners
- 15.2 Word Index
- LIST OF TABLES
- Table 1. Revenue Assurance Market Segmentation
- Table 2. List of Vendors
- Table 3. Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Table 4. Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million) - by Component
- Table 5. Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million) - by Deployment
- Table 6. Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million) - by Organization Size
- Table 7. Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million) - by Vertical
- Table 8. North America: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Country
- Table 9. United States: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Component
- Table 10. United States: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 11. United States: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Organization Size
- Table 12. United States: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Vertical
- Table 13. Canada: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Component
- Table 14. Canada: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 15. Canada: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Organization Size
- Table 16. Canada: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Vertical
- Table 17. Mexico: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Component
- Table 18. Mexico: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Deployment
- Table 19. Mexico: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Organization Size
- Table 20. Mexico: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million) - by Vertical
- Table 21. Heat Map Analysis
- Table 22. List of Abbreviation
- LIST OF FIGURES
- Figure 1. Revenue Assurance Market Segmentation, by Country
- Figure 2. PEST Analysis
- Figure 3. Ecosystem Analysis
- Figure 4. Revenue Assurance Market - Key Market Dynamics
- Figure 5. Impact Analysis of Drivers and Restraints
- Figure 6. Revenue Assurance Market Revenue (US$ Million), 2020-2030
- Figure 7. Revenue Assurance Market Share (%) - by Component (2022 and 2030)
- Figure 8. Solution: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 9. Services: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 10. Revenue Assurance Market Share (%) - by Deployment (2022 and 2030)
- Figure 11. On-premise: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 12. Cloud-based: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 13. Revenue Assurance Market Share (%) - by Organization Size (2022 and 2030)
- Figure 14. SMEs: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 15. Large Enterprises: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 16. Revenue Assurance Market Share (%) - by Vertical (2022 and 2030)
- Figure 17. BFSI: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 18. Hospitality: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 19. Telecom: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 20. Utilities: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 21. Others: Revenue Assurance Market - Revenue and Forecast to 2030 (US$ Million)
- Figure 22. North America: Revenue Assurance Market, by Key Country - Revenue (2022) (US$ Million)
- Figure 23. North America: Revenue Assurance Market Breakdown, by Key Countries, 2022 and 2030 (%)
- Figure 24. United States: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million)
- Figure 25. Canada: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million)
- Figure 26. Mexico: Revenue Assurance Market - Revenue and Forecast to 2030(US$ Million)
- Figure 27. Company Positioning & Concentration
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.