Lucintel's latest market report analyzed that convergent billing provides attractive opportunities in the consulting services, managed services, and training & certification sectors. The convergent billing market is expected to reach $XX billion by 2028 with a CAGR of 21% to 23%. In this market, on-premise is the largest segment by deployment type, whereas managed services is largest by service.

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Based on deployment type, the convergent billing market is segmented into cloud and on-premise. The on-premise segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to as it enables installing all the hardware and software required to operate and maintain convergent billing software on the customer’s system.

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The Convergent Billing Market is marked by the presence of several big and small players. Some of the prominent players offering convergent billing include Nokia, Sterlite Technologies, Optiva, SAP SE, IBM, Huawei, CSG International, Comarch SA, IDI Billing, and Amdocs.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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