Revenue Management Market Growing at 18.8% CAGR to 2020 - Cloud-Based Deployments Driving Growth

Apr 20, 2016, 22:00 ET from ReportsnReports

PUNE, India, April 21, 2016 /PRNewswire/ --

The revenue management market size is estimated to grow from $9.27 billion in 2015 to $21.92 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 18.8% due to the increasing cloud-based deployments of revenue management platforms and solutions.

Complete report on global revenue management market spread across 166 pages, profiling 10 companies and supported with 67 tables and 59 figures is now available at http://www.reportsnreports.com/reports/531415-revenue-management-market-by-solutions-risk-management-pricing-and-revenue-forecast-management-revenue-analytics-revenue-leakage-detection-channel-revenue-management-by-services-professional-managed-by-deployment-mode-global-forecast-to-2020.html   

Growing customer awareness and increased technological spending in the developing countries is also driving the growth of the revenue management market. In 2015, pricing and revenue forecast management and data management solutions is expected to dominate the revenue management solutions market. Media and entertainment is the fastest-growing application area and professional services commands the major share in revenue management services market.

North America is expected to hold the largest market share of the revenue management market in 2015 due to technological advancements. Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period as it is witnessing a high adoption rate in the deployment of cloud-based revenue management systems in SMBs and enterprises.

The various key revenue management market vendors profiled in the report such as Accenture PLC, Amdocs, Inc., Ericsson , Netcracker Technology Corporation, Oracle Corporation, CSG Systems International, Huawei Technologies, Redknee Solutions, SunTec Business Solutions and SAP SE. Order a copy of Revenue Management Market by Solutions (Risk Management, Pricing and Revenue Forecast Management, Revenue Analytics, Revenue Leakage Detection, Channel Revenue Management) by Services (Professional, Managed) by Deployment Mode - Global Forecast to 2020 research report at http://www.reportsnreports.com/purchase.aspx?name=531415  

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (30%), Tier 2 (45%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (40%), Director Level (20%) and others (40%) from various key organizations operating in the global revenue management market. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (25%), APAC (40%) and Rest of World (5%).

On a related note, another research on Business Process Management Market Global Forecast to 2021 says, BPM market size is estimated to grow USD 6.96 billion in 2016 to USD 13.52 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.2% from 2016 to 2021. BPM solutions are expected to show positive growth trends during the forecast period. The ability to further improve the efficiency and visibility of the overall business process and adhering to ever increasing government compliances will drive the overall market. Companies like IBM Corporation, Appian Corporation, Oracle Corporation, Red Hat, Inc., Software AG, Pegasystem, TIBCO Software,  K2, OpenText and BPLogix have been profiled in this 136 pages research report available at http://www.reportsnreports.com/reports/531416-business-process-management-market-by-solution-by-service-by-deployment-type-cloud-on-premises-by-organization-size-smes-enterprises-by-business-function-by-industry-vertical-by-region-na-europe-apac-mea-la-global-forecast-to-2021.html   

Explore more reports on the IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/   

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