Consumer Billing Management Software Market by Manufacturers, Countries, Type and Application, Forecast to 2021
Consumer Billing Managemen software assists in the payment process for recurring bills. It is designed for organizations which have many customers, high data volumes, and various business processes. This software helps end-users securely manage customer account information such as bills, statements, and other data. This software enables end-users to realize their business operations efficiently. It helps consumers with highly personalized online account information and self-service capabilities across multiple channels such as PDF, web, hand-held devices, interactive voice response (IVR), and e-mail.
Technavios analysts forecast the global consumer billing management software market to grow at a CAGR of 6.61% during the period 2017-2021.
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Technavios analysts forecast the global LIMS market to grow at a CAGR of 8.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global consumer billing management software market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio’s report, Global Consumer Billing Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amdocs
EnergyCAP
Harris ERP
Healthpac
Huawei
Mckesson
Oracle
Other prominent vendors
athenahealth
CareCloud
Cerillion Technologies
CSG International
Continental Utility Solutions
Dataman Computer Systems
Ericsson
Formula Telecom Solutions
Gentrack
Logics Solutions
LogNet Systems
LogiSense
National Information Solutions Cooperative
Netcracker
Redknee
United Systems and Software
Market driver
Growing need to comply with multiple regulations.
For a full, detailed list, view our report
Market challenge
High implementation and maintenance costs.
For a full, detailed list, view our report
Market trend
Increased adoption of next-generation (NG) billing management solutions.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Technavio Announces the Publication of its Research Report Global LIMS Market 2017-2021
Technavio recognizes the following companies as the key players in the global LIMS market: LabWare
LabVantage Solutions, McKesson Corporation, Abbott Laboratories, and Thermo Fisher Scientific
Other Prominent Vendors in the market are: Agile Frameworks, Attune Technologies, Autoscribe Informatics, Broughton Software, Comp Pro Med, Core Informatics, EUSOFT, HighPoint Solutions, LabLynx LIMS, Quartz Imaging Corporation, Simple LIMS Software, Techsol, and Timeless Medical Systems
Commenting on the report, an analyst from Technavios team said: Companies are installing SaaS-based LIMS as it is economical and improves the efficiency of the processes in research centers and laboratories. The growing acceptance of SaaS-based LIMS can be attributed to its advantages over the traditional LIMS such as better flexibility and short implementation time. It allows laboratories to remotely access data through a web-browser without installing and managing separate application software. This reduces implementation cost and improves the returns on investment.
According to the report, the increase in incidents of cancer, heart disease, and stroke along with aging population results in high demand for different diagnostic tests, which in turn, will stimulate the need for LIMS during the forecast period.
Further, the report states that migration of data from legacy systems and their integration into new systems will create a gap between the old and new LIMS of an organization. The balancing of the business needs, taking in to account the limitations of old legacy systems, is a challenge to the decision-makers of a laboratory. Migrating to a new technology involves high costs and hosting new applications on legacy systems is not feasible as it requires a skilled workforce to carry out seamless migration and integration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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