TechNavio’s analysts forecast that the Telecom Billing Software in North America will reach $ 2.4 billion in 2014. One of the key factors contributing to this market growth is operational efficiency achieved by implementing Telecom Billing software. The Telecom Billing Software market in North America has also been witnessing demand for convergent billing. However losses due to non performing accounts and frauds could be a challenge to the growth of this market.
Key vendors dominating this market space include Amdocs, Convergys, Oracle, Intec (CSG Systems) and Ericsson.
TechNavio’s North American Telecom Billing Software Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on North America and covers the Telecom Billing Software and its outlook in coming years.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsStorage Requirements are Encouraging Growth of Consumer NAS Market
Research conducted by Technavio reveals, that the global consumer NAS market is expected to grow at a CAGR of 35 percent. The report, which focuses on North America, EMEA and APAC indicates, that the market is currently driven by the need for additional storage requirements for growing digital media needs.
“With the evolution of internet, more and more consumers are downloading digital content like music, photos, and video. Also, with growing number of consumers storing Web and television based premium content services, the need for additional storage is increasing exponentially. Hence, the need for additional storage is a major driver of consumer NAS devices,” reports Technavio analyst.
In spite of the need, the existence of less complex plug and play devices for data storage hinder the growth of this market. However, the reducing price of consumer NAS devices is expected to drive the market growth.
The global consumer NAS market is marked by increasing reduction in the size of consumer NAS products. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Consumer NAS Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: Buffalo Technology, Western Digital, Iomega and Seagate.
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