Title: Global Cloud Billing Market
1Global Cloud Billing Market Global Industry
Analysis and Forecast (2018-2026) by
Type, Provider, Application, Organization Size,
Industry Vertical and Region
Global Cloud Billing Market is expected to reach
US 16.55 Bn by 2026 at a CAGR of 23.7 during
the forecast period. Cloud billing market is a
technology that generates bills from resource
usage data using a set of predefined billing
policies. High demand for centralized and
convergent billing solutions, billing operations,
and the need to lower operating and capital
expenditure are some of the factors expected to
drive the cloud billing market during the
forecast period. The transition from on-premises
to cloud-based billing, continuously changing
technology, and lack of awareness are some of the
restraining factors would hinder the growth of
the cloud billing market.
Cloud billing market is segmented by type,
provider, application, organization size,
industry vertical and region. While using types,
cloud service billing segment is classified into
Subscription Billing, Metered Billing, Cloud
Service Billing, Provisioning and Others. Among
these, the cloud service billing market is
expected to reach at the highest CAGR during the
forecast period, as the demand for cloud billing
market has raised and advancement in cloud
technology has increased the customer base
significantly in the billing market. Based on
application, the Customer Management is likely to
reach at the highest CAGR during the forecast
period, as companies are focusing on customer
retention and customer feedback and looking for
ways to enhance their customer experience.
2- Among verticals, Media and Entertainment vertical
is likely to grow at the highest CAGR during the
forecast period, due to a rise in the need for
adoption of digital channels. Furthermore, the
telecommunications and ITES sector is likely to
grow at an impressive CAGR in future, as this
sector is at the forefront while adopting
cloud-based technologies. - Based on regions, cloud billing market is
classified into North America, Asia Pacific,
Europe, Latin America and the Middle East and
Africa. Among these, North America is expected to
have a larger cloud billing market share during
the forecast period, owing to a rise in adoption
of cloud-based technology. However, APAC is one
of the fastest growing region in terms of CAGR
for cloud billing market, owing to the rise in a
cloud-based solution, increase in need to focus
on customer relationship management. - Key Players Profiled and Analysed in the Report
- CGI Group Inc, Amdocs Inc, Oracle Corporation,
Chargebee, Aria Systems, Inc., Talligent,
Cloudability, Utilibill, SAP SE etc. - Scope of the Cloud Billing Market
- Cloud Billing Market by Type
- Subscription Billing
- Metered Billing
- Cloud Service Billing
- Provisioning
- Others
3- Customer Management
- Others
- Cloud Billing Market by Organization Size
- Small and Medium Enterprise (SME)
- Large enterprise
- Cloud Billing Market by Industry Vertical
- BFSI
- Telecommunications ITES
- Retail
- Healthcare and life sciences
- Manufacturing
- Public sector and Utilities
- Education
- Media and Entertainment
- Others
- Cloud Billing Market by Region
4International Business Machines Corporation CGI
Group Inc Amdocs Inc Oracle Corporation Chargebee
Aria Systems, Inc. Talligent Cloudability
Utilibill SAP SE Ericsson Netcracker Technology
Huawei Technologies Cerillion PLC Tech Mahindra
Limited Redknee Solutions Inc. Asiainfo,
Inc. This Report Is Submitted By This _at_Maximize
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