Albany, NY -- (SBWIRE) -- 01/29/2019 -- Revenue assurance refers to the set of activities or principles that enable organizations to accurately capture revenue for all the products sold or services provided. Instead of rectifying financing errors after they have occurred, or not identifying or correcting them at all, revenue assurance principles or tools allow companies to examine and fix present or potential revenue leakage points throughout networks and intermediate client- and customer-facing systems and correct the data before it reaches the organization's billing system.

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The increasingly complex business environment and practices and the need to adhere to numerous revenue streams are the key driving forces for the global revenue assurance market. The report presents a detailed analysis of the impact of other major drivers, restraints, and trends in the market's future developmental prospects.

The report analyzes the market for criteria such as crucial revenue assurance services, software products, deployment methods of revenue assurance tools, size of companies adopting revenue assurance tools, key end-use industries, and major regional markets for the global revenue assurance market.

The key end-users of revenue assurance systems include industries such as telecom, banking, finance services and insurance (BFSI), logistics, retail, and energy and utilities. The key deployment methods for revenue assurance systems include on-premise and the cloud.

Over the report's forecast period, the availability of an increasing number of revenue assurance services on the cloud medium would lead to their increased adoption in small- and mid-sized companies worldwide.

The revenue assurance market has been witnessing growing visibility and empowerment in some of the regional markets. While the market currently earns a majority of revenue from North America, the rising awareness regarding the severe impacts of revenue leakages on an organization's overall profitability would drive the market for revenue assurance in developing regions at a significant pace over the report's forecast period.

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