Convergent Billing System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Includes Global Convergent Billing Solution and the Market is Segmented by Component (Solution, Services), Deployment (Cloud, On-premise), Solutions (Bill Cycle Optimization, Billing Account Management, Automated Invoice and Bill Generation, Payment and Collection, Customer Relationship Management), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD Million) for all the above segments.

Convergent Billing System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Convergent Billing Industry Overview

The competitive landscape of the Convergent Billing Market is expected to move towards fragmentation owing to the presence and emergence of several market players globally. The solution providers are innovating to launch advanced solutions in the market to gain maximum traction. Also, various organizations in the market are collaborating with the solution providers to stimulate the adoption of these solutions.

  • October 2020 - SAP launched SAP Convergent Charging 2020 FPS, a UX renovation to provide a best-in-class, consistent, and modern user experience to its customers through the adoption of the SAP Fiori user experience design. They especially now delivered the long-awaited ability for pricing specialists to quickly configure basic rate plans including usage and recurring charges with a top-down approach.
  • June 2020- Tridens known for its innovative cloud-based Monetization platform, consulting, and software engineering services to enterprises announced it had entered a partnership with Congero Technology Group, Maribor, Slovenia that will help bring Tridens to a position to attract and support more business partners in the North American market and help Congero in obtaining customers in the European market.

Convergent Billing Market Leaders

  1. IBM Corporation

  2. Amdocs, Inc.

  3. Oracle Corporation

  4. CSG Systems International, Inc.

  5. Telefonaktiebolaget LM Ericsson

  6. *Disclaimer: Major Players sorted in no particular order
 IBM Corporation, Amdocs, Inc., Oracle Corporation, CSG Systems International, Inc., Telefonaktiebolaget LM Ericsson,  Comarch SA