The United States (U.S.) telecoms giant AT&T generated over *** billion U.S. dollars in revenue in 2023, with a marginal decrease from the previous year. Since 2022 AT&T lost its long-held position as the largest U.S. telecommunications firm by revenue to rival operator Verizon, which made a reported os nearly *** billion U.S. dollars in 2024. The U.S. telecoms market remains fiercely competitive, with AT&T, Verizon, and T-Mobile US the major network operators. AT&T backs out of Warner Media to focus on its wireless business For AT&T, 2022 proved a pivotal year, with the network operator spinning off its interests in the entertainment company Warner Media. AT&T acquired the company in 2018 after a lengthy legal process, with the deal representing a major move into the entertainment industry. AT&T’s ownership of Warner Media saw it take on Netflix and Amazon with the launch of streaming service HBO Max. The 2022 spin-off deal saw AT&T exit the entertainment space to refocus its attention on wireless and broadband communications, in particular its ** and fiber services. T-Mobile seeks to challenge AT&T and Verizon While T-Mobile US has lagged behind its rivals in terms of subscribers, it has sought to challenge AT&T and Verizon on the quality of its ** network. As of 2022, T-Mobile’s typical ** download speed in the United States was *** Mbps, far exceeding its rivals, while it also recorded the best ** coverage. The Washington based operator, which is majority owned by German operator Deutsche Telekom, has invested in its mobile network via its 2020 merger with Sprint, and through the purchase of ** spectrum licenses.

In 2023, the total revenue generated from telecommunication services in the United States fell to ****** billion U.S. dollars. This continued a downward trend, with the figure less half that which was reported in 2013.

Graph and download economic data for Total Revenue for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax (REV5172TAXABL144QNSA) from Q4 2003 to Q3 2024 about satellite, wireless, telecom, revenue, establishments, tax, federal, income, and USA.

Graph and download economic data for Total Revenue for Telecommunications, All Establishments, Employer and Nonemployer Firms (REVENF517ALLEST) from 2002 to 2022 about nonemployer firms, telecom, employer firms, accounting, revenue, establishments, services, employment, and USA.

The global revenue in the communication services market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (***** percent). After the ***** consecutive increasing year, the revenue is estimated to reach *** trillion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the communication services market was continuously increasing over the past years.Find other key market indicators concerning the average revenue per user (ARPU) and revenue growth. The Statista Market Insights cover a broad range of additional markets.

The Telecom Billing Revenue Management Market Report is Segmented by Deployment (On-Premise and Cloud/SaaS), Type (Software and Service), Operator (Mobile Operator, Internet Service Provider, and MVNO/MVNE), and Geography.

The size of the Revenue Assurance in Telecom Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.00% during the forecast period.Revenue assurance is the process of identifying and correcting revenue leakage, errors, and fraud in the telecom industry. It essentially emphasizes and examines billing systems, network operations, and customer data to ensure accurate billing and efficient revenue collection and compliance to regulatory rules.Revenue Assurance ensures the operators achieve financial health with revenue generation maximized. It ensures that revenue leakages such as billing errors, fraud activities, and unauthorized usage are detected and prevented to minimize loss to the.Operators would be able to avoid making losses by making the right amount of billing to get revenues at the correct time. This will positively affect cash flows and operations.These goals can be realized by using various Revenue Assurance methods, including data mining, statistical analysis, and network monitoring. This method helps detect anomalies, trends, and patterns that indicate possible revenue leakage or fraud. Proactive operators thus do not suffer from revenue leakages and maintain better customer satisfaction. Key drivers for this market are: , Rising Complex Business Environment and Practices; Rising Need to Adhere to Numerous Revenue Streams. Potential restraints include: , Economic Slowdown and Currency Fluctuations. Notable trends are: Cloud Deployment is Expected to Drive the Market Growth.

The telecom billing and revenue management market size is estimated to be worth US$ 15.96 billion in 2023. With a projected CAGR of 9.7% for the next ten years, the market is likely to reach a valuation of nearly US$ 40.40 billion by the end of 2033. The recent surge in demand for various telecommunication services has triggered the demand for Telecom Billing and Revenue Management.

Attribute	Details
Historical Value (2022)	US$ 14.76 billion
Current Year Value (2023)	US$ 15.96 billion
Expected Forecast Value (2033)	US$ 40.40 billion
Projected CAGR (2023 to 2033)	9.7%

Category-wise Insights

Segment	Software
2022 Value Share in Global Market	64.3%

Segment	Internet Service Providers
2022 Value Share in Global Market	34.4%

Country-wise Insights

Countries	2022 Value Share in Global Market
United States	18.2%
Germany	7.3%
Japan	5.4%

Countries	Value CAGR (2023 to 2033)
United Kingdom	6.4%
China	8.4%
India	12.4%

Graph and download economic data for Sources of Revenue: Telecommunication Network Installation Services for Cellular and Other Wireless Telecommunications, All Establishments, Employer Firms (DISCONTINUED) (REVTNIEF5172ALLEST) from 2012 to 2014 about wireless, telecom, installment, employer firms, accounting, revenue, establishments, services, and USA.

Graph and download economic data for Revenue from Governments for Telecommunications, Establishments Subject to Federal Income Tax (GOV517TAXABL144QNSA) from Q2 2017 to Q1 2025 about telecom, revenue, establishments, tax, federal, government, income, and USA.

Graph and download economic data for Sources of Revenue: Reselling Services for Telecommunications Equipment, Retail for Cellular and Other Wireless Telecommunications, All Establishments, Employer Firms (REVRSTEF5172ALLEST) from 2013 to 2022 about wireless, telecom, employer firms, accounting, revenue, establishments, equipment, retail, services, and USA.

Verizon had the highest total revenue among telecommunication providers and operators in the United States in 2023 with revenues of 134 billion U.S. dollars. This is about ten billion higher than the revenue produced by runner-up, AT&T. T-Mobile US, as the third major telecom provider in the United States, has managed to more than double its annual revenue over the past five years from around 40 billion U.S. dollars in 2017 to more than over 78 billion U.S. dollars in 2023, boosted by its merger with Sprint. Main U.S. wireless providers Since at least 2008, AT&T had the highest operating revenue in the United States each year. For AT&T, Verizon, and T-Mobile US, revenue has increased significantly over the past ten years. T-Mobile's revenue specifically has quintupled since then. AT&T and Verizon were also ranked among the most valuable telecommunication brands worldwide in 2023, standing alongside companies, such as Deutsche Telekom and Xfinity. Wireless services segment Most of the wireless telecommunications revenue in the United States is generated by AT&T, Verizon, and T-Mobile US. Since 2011, AT&T has held about a third of the wireless subscription market in the United States, while Verizon claimed the top spot with around a market share of around 37 percent

According to Cognitive Market Research, the global telecom services market size was USD 1794.9 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 6.60% from 2023 to 2030. How are the Key Drivers Affecting the Telecom Services Market?

Rise in Investment in Wireless Communications of the Future help in the Growth of the Market

The demand is driven by higher expenditure on next-generation wireless communication setups due to preferences shifting toward 5G networks and cloud-based technology. The market is expected to increase fast as a result of rising demand for high-speed data connectivity, increasing worldwide digitalization, and the proliferation of OTT platforms. The proliferation of 5G-enabled smartphones in every country is a major driver of market expansion. The epidemic has increased the market's size as well. Around the world, entertainment platforms have gained enormous popularity when individuals are alone at home.

For instance, in 2023, the global telecommunications market is predicted to grow strongly, with forecasted global spending of 1.5 trillion US dollars. This is a 2.8 percent increase over the projected expenditure for 2022. In a time of flexible work, the dependability of telecom services has grown more crucial as businesses and governments see the significance of telecom investment in the digital economy.

(Source:www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/telecommunications-industry-outlook.html)

The Factors Hindering the Growth of the Telecom Services Market

Network Congestion and Capacity Limitations Hinder Market Growth

As the demand for data and connectivity continues to grow, networks can become congested, leading to degraded service quality and slower data speeds. The rapid increase in data consumption due to streaming, online gaming, video conferencing, and other bandwidth-intensive activities substantially strains existing network infrastructure. This need is increased further by the expansion of Internet of Things (IoT) devices and the deployment of 5G networks, which allow for ever more data-hungry applications.

Regulatory Fragmentation and Compliance Costs can hamper the market.

One of the key restraints in the international telecom services market is the fragmented and complicated regulatory environment in various geographies. Telecom operators have to deal with an array of regulations related to data privacy, net neutrality, spectrum management, and cybersecurity, which are highly dissimilar across countries. This regulatory fragmentation raises the cost of compliance and operational complexity, which acts as a deterrent to the provision of seamless services across geographies by telecom companies. Enforcement of rigorous data protection legislation, like the General Data Protection Regulation (GDPR) of the European Union, places tremendous compliance burdens on telecommunications operators. (Source: - https://gdpr.eu/what-is-gdpr/ ) These rules mandate telecommunication firms to invest in effective data protection infrastructure, undertake regular audits, and maintain transparency of data handling policies. Failure to comply can attract heavy fines and damage to their reputation. Net neutrality laws that require internet service providers to treat all data on the internet on an equal footing, without favoritism or charging differently per user, content, website, platform, or application, are quite different geographically. Evolutions in net neutrality policies may impact the business models of telecommunications operators, as they influence the pricing and offering of services.

Key Opportunity of the market.

Integration in Edge Computing can be an opportunity.

Edge computing enables near-source or network edge data processing and analysis in place of distant data centers. This significantly lessens data transit times, resulting in lower latency. In contexts where real-time or near-real-time feedback is paramount such as autonomous vehicles, telemedicine, and industrial automation, lower latency is crucial. Telecom services that integrate edge computing have provided the low-latency infrastructure essential for these applications, making them more efficient and reliable. Edge computing minimizes the requirement to send large volumes of data over long distances to centralized data centers. Rather, only processed or pertinent data is sent, reducing the...

Telecom Rev: TS: Operator data was reported at 1.876 USD bn in 2016. This records a decrease from the previous number of 2.351 USD bn for 2015. Telecom Rev: TS: Operator data is updated yearly, averaging 6.567 USD bn from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 12.205 USD bn in 1998 and a record low of 1.876 USD bn in 2016. Telecom Rev: TS: Operator data remains active status in CEIC and is reported by Federal Communications Commission. The data is categorized under Global Database’s USA – Table US.TB001: Telecom Revenue.

The wireless telecommunication carrier industry has witnessed significant shifts recently, driven by evolving consumer demands and technological advancements. The popularity of smartphones and rising data consumption habits have mainly driven growth. Households have chosen to disconnect their landlines to cut costs and receive network access away from home. Industry revenue was bolstered during the current period by a surge in mobile internet demand. The revival of unlimited data and call plans prompted industry-wide adjustments to pricing and data offerings. While competition has intensified, leading to price wars and slender margins, carriers have embraced bundled offerings of value-added services, like streaming subscriptions, to distinguish themselves. Despite these efforts, revenue growth remains sluggish amid high operational costs and a saturated market. Overall, Wireless Telecommunications Carriers' revenue has modestly grown at an annualized rate of 0.1% to total $340.3 billion in 2025, when revenue will climb an estimated 6.0%, as the early shift to fifth-generation (5G) enables businesses to renegotiate the current product-price paradigm with consumers. The industry is defined by a transition from primarily providing voice services to focusing on providing data services. Technological change, namely the shift from fourth-generation (4G) wireless data services to 5G, continues to shape the industry. Companies expand scope through mergers and acquisitions, acquiring spectrum and niche customer bases. The battle for wireless spectrum intensified as 5G technology became a focal point, requiring carriers to secure valuable frequency bands through hefty investments. For instance, Verizon's $45 billion expenditure in the C-band spectrum auction highlights the critical importance of spectrum acquisition. While Federal Communications Commission (FCC) regulations have curtailed large-scale consolidations, strategic alliances and mergers have been common to share infrastructure and expand market reach. Also, unlimited data plans have shaken up cost structures and shifted consumers to new providers. Following the expansion of unlimited data and calls, profit is poised to inch downward as the cost of acquiring new customers begins to mount. Profitability is additionally hindered by supply chain disruptions, which still loom large, as equipment delays and price hikes impact rollout timeliness. Industry revenue is forecast to incline at an annualized 5.4% through 2030, totaling an estimated $443.5 billion, driven by the expansion of mobile devices using data services and increasing average revenue per user. As the rollout of 5G networks increases the speed of wireless data services, more consumers will view on-the-go internet access as an essential function of mobile phones. Moving forward, the industry landscape will be characterized by the heightened competition among carriers for wireless spectrum, an already scarce resource and efforts to connect more Americans in remote parts of the country to fast and reliable internet. Subscriber saturation presents a formidable challenge, compelling carriers to focus on existing customers and innovative service packages. Companies like AT&T and Verizon are pioneering flexible infrastructure projects, which could redefine the industry’s operational efficiency. Despite facing spectrum supply limitations, the industry is poised to benefit from seamless connectivity solutions for various sectors, potentially redefining wireless carriers’ roles in an increasingly interconnected world.

The global telecom billing and revenue management market size reached USD 19.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 44.5 Billion by 2033, exhibiting a growth rate (CAGR) of 8.94% during 2025-2033. The market is being driven by the increasing demand for efficient billing systems and the integration of advanced technologies such as cloud computing and artificial intelligence. At present, North America holds the largest market share, driven by its advanced telecom infrastructure and the widespread adoption of digital billing solutions. Recent trends in the market include the implementation of cloud-based billing platforms, the integration of AI for fraud detection, and a growing focus on 5G monetization.

Telecom Billing And Revenue Management Market size was valued at USD 16.57 Billion in 2024 and is projected to reach USD 34.7 Billion by 2032, growing at a CAGR of 9.43% during the forecast period 2026-2032.

Global Telecom Billing And Revenue Management Market Drivers

Growing Need for Data Services: As a result of the widespread use of smartphones, Internet of Things (IoT) devices, and high-speed internet connectivity, there is a greater need than ever for effective invoicing and revenue management systems. Telecom operators want reliable systems to efficiently handle billing and revenue collection as data services grow.

Adoption of Cloud and Digital Transformation: Telecom businesses are moving more and more towards cloud-based solutions and digital transformation programmes. Advanced revenue and billing management systems that are adaptable, scalable, and able to interface with a range of digital platforms and technologies are needed for these endeavours.

Graph and download economic data for Total Revenue for Wired Telecommunications Carriers, Establishments Subject to Federal Income Tax, Employer Firms (REVEF5171TAXABL) from 2002 to 2022 about telecom, wired, employer firms, accounting, revenue, establishments, tax, services, and USA.

Pakistan Revenue: Telecom Sector: Cellular data was reported at 382,410.000 PKR mn in 2018. This records an increase from the previous number of 369,118.000 PKR mn for 2017. Pakistan Revenue: Telecom Sector: Cellular data is updated yearly, averaging 314,080.500 PKR mn from Jun 2009 (Median) to 2018, with 10 observations. The data reached an all-time high of 382,410.000 PKR mn in 2018 and a record low of 212,423.000 PKR mn in 2009. Pakistan Revenue: Telecom Sector: Cellular data remains active status in CEIC and is reported by Pakistan Telecommunication Authority. The data is categorized under Global Database’s Pakistan – Table PK.TB011: Telecommunication Revenue.

Graph and download economic data for Revenue from Households for Wired Telecommunications Carriers, Establishments Subject to Federal Income Tax (HHD517311TUSN) from Q3 2012 to Q4 2024 about telecom, wired, revenue, establishments, tax, federal, households, income, and USA.