Market Overview:
The global revenue management market is expected to grow from USD 9.02 billion in 2018 to USD 16.06 billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the global revenue management market can be attributed to the increasing demand for cloud-based solutions and services, rising need for real-time data analysis and insights, and growing adoption of big data technologies.
Product Definition:
Revenue Management is the process of maximizing revenue and profits by optimizing the price and product mix offered to customers. It involves setting prices, managing inventory, and determining what products to offer. Revenue Management is important because it can help a business maximize its profits by selling the right products at the right price.
Risk Management:
Risk management is the process of identification, analysis, and mitigation of risks to achieve a certain goal or objective. It involves studying potential threats and opportunities that may impact organizational goals. Risk management software is used in revenue management to help automate processes such as claim processing, customer service delivery, policy implementation & compliance reporting among others. The automation helps improve efficiency by reducing manual tasks thus increasing the focus on strategic decision-making leading to better results for organizations.
Pricing and Revenue Forecast Management:
Pricing and revenue forecast management is a software service that helps in analyzing the pricing and volume trends of an industry. It also helps to manage the price/costs, discounts, promotions, inventory levels along with other related information for an organization’s pricing strategy. Revenue management uses historical data along with current market conditions to help businesses determine their future prices.
Application Insights:
The manufacturing sector is expected to emerge as the fastest-growing application segment over the forecast period. This can be attributed to factors such as increasing demand for manufactured products from developed and developing countries coupled with a growing preference for revenue management in this industry. The manufacturing sector includes both primary and secondary sectors, wherein the former is dominant in terms of market share while latter dominates in terms of revenue share.
The transportation & logistics segment accounted for USD 1.5 billion in 2017 owing to its extensive use across various industries including retail, healthcare, technology and media among others that require reliable transport services between source and destination points within a specific time frame at an economical cost which cannot be provided by free-market principles alone without proper planning or implementation of these solutions due to lack of knowledge regarding supply chain operations or about inventory levels which results into wastage of resources leading towards increased operational costs thereby affecting bottom line profit margin negatively impacting overall growth rate adversely.
Regional Analysis:
The North American region is expected to lead the global revenue management market with a share of over 35% in 2017. The growth can be attributed to the increasing adoption of cloud-based technologies and digitalization across all industries. Furthermore, growing demand for mobility solutions such as smartphones and tablets, along with advancements in network infrastructure has led to an increase in data usage by organizations. This has resulted in increased pressure on service providers to manage their costs while delivering high-quality services efficiently.
The Asia Pacific regional market is anticipated witness significant growth over the forecast period owing to factors such as technological advancements, economic development, globalization & international trade practices among others that have led major companies worldwide including Boeing Co., Airbus S.A.
Growth Factors:
- Increasing demand for optimized revenue management solutions from the hospitality and travel industries
- Proliferation of big data and analytics, which is aiding in better decision-making for revenue management
- The advent of cloud-based solutions that are helping businesses to manage their revenues more effectively
- Growing need to improve customer experience and optimize profits simultaneously
- Increased focus on cost optimization by organizations across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Revenue Management Market Research Report
By Type
Risk Management, Pricing and Revenue Forecast Management, Revenue Analytics, Data Management, Channel Revenue Management
By Application
Aviation, Real Estate & Construction, Media & Entertainment, Telecommunication, Transportation & Logistics, Energy & Utilities, Retail & Wholesale, Manufacturing, Tourism & Hospitality
By Companies
Geographic Revenue Mix, Accenture, Amdocs, Ericsson, Netcracker Technology, Oracle, CSG Systems, Huawei, Redknee, SAP, Suntec Business Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Revenue Management Market Report Segments:
The global Revenue Management market is segmented on the basis of:
Types
Risk Management, Pricing and Revenue Forecast Management, Revenue Analytics, Data Management, Channel Revenue Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aviation, Real Estate & Construction, Media & Entertainment, Telecommunication, Transportation & Logistics, Energy & Utilities, Retail & Wholesale, Manufacturing, Tourism & Hospitality
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Geographic Revenue Mix
- Accenture
- Amdocs
- Ericsson
- Netcracker Technology
- Oracle
- CSG Systems
- Huawei
- Redknee
- SAP
- Suntec Business Solutions
Highlights of The Revenue Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Risk Management
- Pricing and Revenue Forecast Management
- Revenue Analytics
- Data Management
- Channel Revenue Management
- By Application:
- Aviation
- Real Estate & Construction
- Media & Entertainment
- Telecommunication
- Transportation & Logistics
- Energy & Utilities
- Retail & Wholesale
- Manufacturing
- Tourism & Hospitality
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Revenue Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Revenue management is a process that helps organizations identify, assess, and manage the financial impact of their products and services. It includes forecasting future revenue needs, developing pricing strategies, setting sales quotas and targets, and monitoring performance to ensure that goals are met. Revenue management can help organizations reduce costs while maximizing profits.
Some of the key players operating in the revenue management market are Geographic Revenue Mix, Accenture, Amdocs, Ericsson, Netcracker Technology, Oracle, CSG Systems, Huawei, Redknee, SAP, Suntec Business Solutions.
The revenue management market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Revenue Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Revenue Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Revenue Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Revenue Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Revenue Management Market Size & Forecast, 2018-2028
4.5.1 Revenue Management Market Size and Y-o-Y Growth
4.5.2 Revenue Management Market Absolute $ Opportunity
Chapter 5 Global Revenue Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Revenue Management Market Size Forecast by Type
5.2.1 Risk Management
5.2.2 Pricing and Revenue Forecast Management
5.2.3 Revenue Analytics
5.2.4 Data Management
5.2.5 Channel Revenue Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Revenue Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Revenue Management Market Size Forecast by Applications
6.2.1 Aviation
6.2.2 Real Estate & Construction
6.2.3 Media & Entertainment
6.2.4 Telecommunication
6.2.5 Transportation & Logistics
6.2.6 Energy & Utilities
6.2.7 Retail & Wholesale
6.2.8 Manufacturing
6.2.9 Tourism & Hospitality
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Revenue Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Revenue Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Revenue Management Analysis and Forecast
9.1 Introduction
9.2 North America Revenue Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Revenue Management Market Size Forecast by Type
9.6.1 Risk Management
9.6.2 Pricing and Revenue Forecast Management
9.6.3 Revenue Analytics
9.6.4 Data Management
9.6.5 Channel Revenue Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Revenue Management Market Size Forecast by Applications
9.10.1 Aviation
9.10.2 Real Estate & Construction
9.10.3 Media & Entertainment
9.10.4 Telecommunication
9.10.5 Transportation & Logistics
9.10.6 Energy & Utilities
9.10.7 Retail & Wholesale
9.10.8 Manufacturing
9.10.9 Tourism & Hospitality
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Revenue Management Analysis and Forecast
10.1 Introduction
10.2 Europe Revenue Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Revenue Management Market Size Forecast by Type
10.6.1 Risk Management
10.6.2 Pricing and Revenue Forecast Management
10.6.3 Revenue Analytics
10.6.4 Data Management
10.6.5 Channel Revenue Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Revenue Management Market Size Forecast by Applications
10.10.1 Aviation
10.10.2 Real Estate & Construction
10.10.3 Media & Entertainment
10.10.4 Telecommunication
10.10.5 Transportation & Logistics
10.10.6 Energy & Utilities
10.10.7 Retail & Wholesale
10.10.8 Manufacturing
10.10.9 Tourism & Hospitality
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Revenue Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Revenue Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Revenue Management Market Size Forecast by Type
11.6.1 Risk Management
11.6.2 Pricing and Revenue Forecast Management
11.6.3 Revenue Analytics
11.6.4 Data Management
11.6.5 Channel Revenue Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Revenue Management Market Size Forecast by Applications
11.10.1 Aviation
11.10.2 Real Estate & Construction
11.10.3 Media & Entertainment
11.10.4 Telecommunication
11.10.5 Transportation & Logistics
11.10.6 Energy & Utilities
11.10.7 Retail & Wholesale
11.10.8 Manufacturing
11.10.9 Tourism & Hospitality
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Revenue Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Revenue Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Revenue Management Market Size Forecast by Type
12.6.1 Risk Management
12.6.2 Pricing and Revenue Forecast Management
12.6.3 Revenue Analytics
12.6.4 Data Management
12.6.5 Channel Revenue Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Revenue Management Market Size Forecast by Applications
12.10.1 Aviation
12.10.2 Real Estate & Construction
12.10.3 Media & Entertainment
12.10.4 Telecommunication
12.10.5 Transportation & Logistics
12.10.6 Energy & Utilities
12.10.7 Retail & Wholesale
12.10.8 Manufacturing
12.10.9 Tourism & Hospitality
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Revenue Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Revenue Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Revenue Management Market Size Forecast by Type
13.6.1 Risk Management
13.6.2 Pricing and Revenue Forecast Management
13.6.3 Revenue Analytics
13.6.4 Data Management
13.6.5 Channel Revenue Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Revenue Management Market Size Forecast by Applications
13.10.1 Aviation
13.10.2 Real Estate & Construction
13.10.3 Media & Entertainment
13.10.4 Telecommunication
13.10.5 Transportation & Logistics
13.10.6 Energy & Utilities
13.10.7 Retail & Wholesale
13.10.8 Manufacturing
13.10.9 Tourism & Hospitality
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Revenue Management Market: Competitive Dashboard
14.2 Global Revenue Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Geographic Revenue Mix
14.3.2 Accenture
14.3.3 Amdocs
14.3.4 Ericsson
14.3.5 Netcracker Technology
14.3.6 Oracle
14.3.7 CSG Systems
14.3.8 Huawei
14.3.9 Redknee
14.3.10 SAP
14.3.11 Suntec Business Solutions
