Revenue Management Market

Global Revenue Management Market Size, Trends & Analysis - Forecasts to 2026 By Component (Solution [Auto Risk Management, Pricing & Revenue Forecast Management, Revenue Analytics, Data Management, Channel Revenue Management Motive System, and Accessories Revenue Management Market], Service [Professional Services and Managed Services]), By Deployment Mode (Cloud, On-Premises), By Application (Aviation, Real Estate & Construction, Media & Entertainment, Telecommunication, Transportation & Logistics, Energy & Utilities, Retail & Wholesale, Manufacturing, and Tourism & Hospitality), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

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This report was recently updated on November 21 2022 with the latest and most recent market numbers

Revenue Management Market Size

The global revenue management market is projected to grow from USD 15.1 billion in 2021 and is expected to reach USD 24.5 billion by 2026 at a CAGR of 10.5% from 2021 to 2026.

Revenue management is a critical concept in the hospitality industry because it allows hotel chains to forecast demand and maximize availability and optimize price to achieve the best possible economic benefits. For instance, a hotel chain focusing on revenue management software may determine that its clientele are mostly international tourists who require rapid connection to the internet. As a response, the hotel chain may adopt a policy requiring all guest rooms to have complimentary wireless connectivity.

Revenue management contributes for 3 to 6% of a hotel's income, as per an article in Hospitality Upgrade, although some hotels see a significantly higher benefit.

The growing demand for aggressive and competitive pricing methods, as well as the increasing number of product launch strategies of smart devices will help the market grow rapidly. Additionally, increasing need for updating subscriber numbers on social media platforms, as well as digital transformation that is helping Communication Service Providers (CSPs) to integrate revenue management across major platforms, are some of the other factors driving market growth throughout the forecast period.

The ongoing COVID-19 pandemic has had a significant impact on the whole hospitality sector. Hotels around the world were facing unprecedented challenges as a result of the lockdowns and shutdowns, which had raise a doubt about the existence of revenue management systems. However, considering the ease of travel norms, and rising number of online transactions pertaining to ticketing and bookings, companies can foresee huge opportunities related to demand-centric revenue management solutions. Moreover, extensive capability to gather and analyze real-time market demand indicators to appropriately rate their accommodations is another major factor for the end-users to re-adopt revenue management solutions in the market.

global revenue management market

Revenue Management Market: By Component

Based on the component, the market is segmented into solutions and services. The solutions segment is expected to have the largest share in the market during the forecast period. Solutions segment is further segmented into billing and payment, price management, revenue assurance and fraud management, and channel management. Among them, the billing and payment is estimated to grow rapidly as it helps in collecting data from many billing technologies and helps in issuing a single invoice, for multi-national and large sized companies that handle multiple lines of business on a single platform.

Revenue Management Market: By Deployment Mode

Based on the deployment mode, the market is segmented into cloud and on-premises. The cloud segment is expected to have the largest share in the market during the forecast period. This is mainly due to the result of integration of digital innovation in numerous sectors, increased broadband penetration, and cloud computing utilization in multiple verticals. The market for cloud computing is likely to increase further since 5G, the Internet of Things (IoT), and Artificial Intelligence (AI) have more widely being adopted.

Revenue Management Market: By Application

Based on the application, the market is segmented into telecommunications, hospitality, transportation, healthcare, retail and ecommerce, banking, financial services and insurance, utilities, and others. The telecommunications segment is expected to have the largest share in the market during the forecast period.

For telecom service providers, revenue management aids in cost administration, invoicing, grading and charges and optimizes their average selling price based on competitive statistics. In the telecommunications sector, revenue management is all about enhancing revenue security and decreasing income leaks. By delivering solutions such as licensing maturity and trajectory analyses, the revenue management solution also assists telecom firms in rationalizing their pre-paid and post-paid invoicing infrastructure.

asia pacific revenue management market

Revenue Management Market: By Region

As per the geographical analysis, the market can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (UAE, Saudi Arabia, Rest of Middle East & Africa) and Central & South America (Brazil, Peru, Chile, and Rest of Central & South America).

The North American region is expected to hold the lion’s share of the global revenue generated in the market. Organizations in countries like US, Canada and Mexico are implementing cloud-based revenue management services, which is propelling the overall market growth in North America. Nonetheless, because the North American telecom business is established and settled comparable to the telecom industry in emerging economies, the dominance of the revenue management market in North America is the most.

During the forecast period, the Asia Pacific region is expected to grow rapidly. Increasing trend of small and medium enterprises in the services industry transforming into high - tech revenue management systems in order to capitalise on increased demand for a variety of services, will help the APAC market grow rapidly.  Transportation, medical, housing, and recreation would be the industries with the most attractive growth potential in the revenue management market. In addition, increasing demand for highly adaptable and cost-effective cloud-hosted solutions for managing revenue income in APAC countries are also some of the major drivers supporting the growth of the revenue management market.

Revenue Management Market Share and Competitor Analysis

Huawei, Amdocs, Oracle, Netcracker, CSG, Ericsson, Cerillion, Mahindra Comviva, Optiva, SAP, Accenture, Enghouse networks, Accelya, HQ Revenue, IDeaS, ZuoraREVPRO, R1RCM, among others are the top players in the revenue management market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Methodology

1.1    Market Scope & Definitions

1.2    Estimates & Forecast Calculation

1.3    Historical Data Overview and Validation

1.4    Data Sources

1.4.1    Secondary

1.4.2    Primary

Chapter 2   Report Outlook

2.1    Revenue Management Industry Overview, 2020-2026

2.1.1    Industry Overview

2.1.2    Component Overview

2.1.3    Deployment Mode Overview

2.1.4    Application Overview

2.1.6    Regional Overview

Chapter 3   Revenue Management Market Trends

3.1    Market Segmentation

3.2    Industry Background, 2020-2026

3.3    Market Key Trends

3.3.1    Positive Trends

3.3.1.1    Growing demand for statistical data on customer needs and preferences pertaining to ticketing and bookings

3.3.2    End-User Challenges

3.3.2.1    Lack of software affordability in developing countries

3.4    Prospective Growth Scenario

3.4.1    Component Growth Scenario

3.4.2    Deployment Mode Growth Scenario

3.4.3    Application Growth Scenario

3.5    COVID-19 Influence over End-User Growth

3.6    Porter’s Analysis

3.7    PESTEL Analysis

3.8    Value Chain & Supply Chain Analysis

3.9    Regulatory Framework

3.9.1    North America

3.9.2    Europe

3.9.3    APAC

3.9.4    LATAM

3.9.5    MEA

3.10    Application Overview

3.11    Market Share Analysis, 2020

3.11.1    Company Positioning Overview, 2020

Chapter 4   Revenue Management Market, By Component

4.1    Component Outlook

4.2    Solution

4.2.1    Market Size, By Region, 2020-2026 (USD Billion)

4.3    Services

4.3.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 5   Revenue Management Market, By Deployment Mode

5.1    Deployment Mode Outlook

5.2   Cloud

5.2.1    Market Size, By Region, 2020-2026 (USD Billion)

5.3   On-Premises

5.3.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 6   Revenue Management Market, By Application

6.1    Aviation

6.1.1    Market Size, By Region, 2020-2026 (USD Billion)

6.2    Real Estate & Construction

6.2.1    Market Size, By Region, 2020-2026 (USD Billion)

6.3    Media & Entertainment

6.3.1    Market Size, By Region, 2020-2026 (USD Billion)

6.4    Telecommunication

6.4.1    Market Size, By Region, 2020-2026 (USD Billion)

6.5    Transportation & Logistics

6.5.1    Market Size, By Region, 2020-2026 (USD Billion)

6.6    Energy & Utilities

6.6.1    Market Size, By Region, 2020-2026 (USD Billion)

6.7   Retail & Wholesale

6.7.1    Market Size, By Region, 2020-2026 (USD Billion)

6.8   Manufacturing

6.8.1    Market Size, By Region, 2020-2026 (USD Billion)

6.9   Tourism & Hospitality

6.9.1    Market Size, By Region, 2020-2026 (USD Billion)

Chapter 7   Revenue Management Market, By Region

7.1    Regional outlook

7.2    North America

7.2.1    Market Size, By Country 2020-2026 (USD Billion)

7.2.2    Market Size, By Component, 2020-2026 (USD Billion)

7.2.3    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.2.4    Market Size, By Application, 2020-2026 (USD Billion)

7.2.6    U.S.

7.2.6.1    Market Size, By Component, 2020-2026 (USD Billion)

7.2.4.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.2.4.3    Market Size, By Application, 2020-2026 (USD Billion)

7.2.7    Canada

7.2.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.2.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.2.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3    Europe

7.3.1    Market Size, By Country 2020-2026 (USD Billion)

7.3.2    Market Size, By Component, 2020-2026 (USD Billion)

7.3.3    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.4    Market Size, By Application, 2020-2026 (USD Billion)

7.3.6    Germany

7.3.6.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.6.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.6.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3.7    UK

7.3.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3.8    France

7.3.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3.9    Italy

7.3.9.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.9.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.9.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3.10    Spain

7.3.10.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.10.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.10.3    Market Size, By Application, 2020-2026 (USD Billion)

7.3.11    Russia

7.3.11.1    Market Size, By Component, 2020-2026 (USD Billion)

7.3.11.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.3.11.3    Market Size, By Application, 2020-2026 (USD Billion)

7.4    Asia Pacific

7.4.1    Market Size, By Country 2020-2026 (USD Billion)

7.4.2    Market Size, By Component, 2020-2026 (USD Billion)

7.4.3    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.4    Market Size, By Application, 2020-2026 (USD Billion)

7.4.6    China

7.4.6.1    Market Size, By Component, 2020-2026 (USD Billion)

7.4.6.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.6.3    Market Size, By Application, 2020-2026 (USD Billion)

7.4.7    India

7.4.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.4.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.4.8    Japan

7.4.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.4.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.4.9    Australia

7.4.9.1    Market Size, By Component, 2020-2026 (USD Billion)

7.4.9.2    Market size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.9.3    Market Size, By Application, 2020-2026 (USD Billion)

7.4.10    South Korea

7.4.10.1    Market Size, By Component, 2020-2026 (USD Billion)

7.4.10.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.4.10.3    Market Size, By Application, 2020-2026 (USD Billion)

7.5    Latin America

7.5.1    Market Size, By Country 2020-2026 (USD Billion)

7.5.2    Market Size, By Component, 2020-2026 (USD Billion)

7.5.3    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.5.4   Market Size, By Application, 2020-2026 (USD Billion)

7.5.6    Brazil

7.5.6.1    Market Size, By Component, 2020-2026 (USD Billion)

7.5.6.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.5.6.3    Market Size, By Application, 2020-2026 (USD Billion)

7.5.7    Mexico

7.5.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.5.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.5.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.5.8    Argentina

7.5.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.5.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.5.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.6    MEA

7.6.1    Market Size, By Country 2020-2026 (USD Billion)

7.6.2    Market Size, By Component, 2020-2026 (USD Billion)

7.6.3    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.6.4    Market Size, By Application, 2020-2026 (USD Billion)

7.6.6    Saudi Arabia

7.6.6.1    Market Size, By Component, 2020-2026 (USD Billion)

7.6.6.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.6.6.3   Market Size, By Application, 2020-2026 (USD Billion)

7.6.7    UAE

7.6.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.6.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.6.7.3    Market Size, By Application, 2020-2026 (USD Billion)

7.6.8    South Africa

7.6.7.1    Market Size, By Component, 2020-2026 (USD Billion)

7.6.7.2    Market Size, By Deployment Mode, 2020-2026 (USD Billion)

7.6.7.3    Market Size, By Application, 2020-2026 (USD Billion)

Chapter 8   Company Landscape

8.1    Competitive Analysis, 2020

8.2    Huawei

8.2.1    Company Overview

8.2.2    Financial Analysis

8.2.3    Strategic Positioning

8.2.4    Infographic Analysis

8.3    Amdocs

8.3.1    Company Overview

8.3.2    Financial Analysis

8.3.3    Strategic Positioning

8.3.4    Infographic Analysis

8.4    Oracle

8.4.1    Company Overview

8.4.2    Financial Analysis

8.4.3    Strategic Positioning

8.4.4    Infographic Analysis

8.5    Netcracker

8.5.1    Company Overview

8.5.2    Financial Analysis

8.5.3    Strategic Positioning

8.5.4    Infographic Analysis

8.6    CSG

8.6.1    Company Overview

8.6.2    Financial Analysis

8.6.3    Strategic Positioning

8.6.4    Infographic Analysis

8.7    Ericsson

8.7.1    Company Overview

8.7.2    Financial Analysis

8.7.3    Strategic Positioning

8.7.4    Infographic Analysis

8.8    Cerillion

8.8.1    Company Overview

8.8.2    Financial Analysis

8.8.3    Strategic Positioning

8.8.4    Infographic Analysis

8.9    Mahindra Comviva

8.8.1    Company Overview

8.8.2    Financial Analysis

8.8.3    Strategic Positioning

8.8.4    Infographic Analysis

8.10    Optiva

8.10.1    Company Overview

8.10.2    Financial Analysis

8.10.3    Strategic Positioning

8.10.4    Infographic Analysis

8.11    SAP

8.11.1    Company Overview

8.11.2    Financial Analysis

8.11.3    Strategic Positioning

8.11.4    Infographic Analysis

8.12    Other Companies

8.12.1    Company Overview

8.12.2    Financial Analysis

8.12.3    Strategic Positioning

8.12.4    Infographic Analysis

The Global Revenue Management Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Revenue Management Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global revenue management market is projected to grow from USD 15.1 billion in 2021 and is expected to reach USD 24.5 billion by 2026 at a CAGR of 10.5% from 2021 to 2026.
Huawei, Amdocs, Oracle, Netcracker, CSG, Ericsson, Cerillion, Mahindra Comviva, Optiva, SAP, Accenture, Enghouse networks, Accelya, HQ Revenue, IDeaS, ZuoraREVPRO, R1RCM, among others are the top players in the revenue management market.
The North American region is expected to hold the lion’s share of the global revenue generated in the revenue management market.
The North American region is expected to hold the lion’s share of the global revenue generated in the revenue management market.
The ongoing COVID-19 pandemic has had a significant impact on the whole hospitality sector. Hotels around the world were facing unprecedented challenges as a result of the lockdowns and shutdowns, which had raise a doubt about the existence of revenue management systems. However, considering the ease of travel norms, and rising number of online transactions pertaining to ticketing and bookings, companies can foresee huge opportunities related to demand-centric revenue management solutions.

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