Cloud Billing



Cloud Billing

Cloud billing can be defined as the process of generating bills from the resource usage data with the help of predefined data sets and billing policies. Cloud billing offers low cost of ownership, ability to add new services emerging in the dynamic environment, set of connectors, device and independent access to billing information. The cloud billing system enables users to easily manage and retrieve data from various locations and, also helps in serving their customers in a better manner.

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Based on type, cloud service billing segment is expected to grow at the significant market share during the forecast period owing to the advancements in cloud technology which in turn increases demand for cloud billing. In addition, amongst end user, media and entertainment segment is witnessing a potential growth in the market due to the rising in the adoption of digital channels.

Global Cloud Billing Market is accounted for $8.13 billion in 2017 and is expected to reach $48.4 billion by 2026 growing at a CAGR of 21.9% during the forecast period. Increasing demand for centralized & convergent billing solutions, rising demand for cloud billing in developed regions, growing demand for the billing system which requires low operation cost and capital requirement are some key factors propelling the market growth. However, time consumption and continuously changing technologies are hampering the market growth.

Some of the key players profiled in the market include: Zuora Inc., Computer Sciences Corporation (CSC), NEC Corporation, Amazon Web Services, Inc. (AWS), International Business Machines Corporation (IBM), CGI Group Inc, Amdocs Inc, Oracle Corporation, Chargebee, Aria Systems, Inc., Talligent, Cloudability, Utilibill, SAP SE, Ericsson , Netcracker Technology (NEC Corporation), Huawei Technologies , Cerillion PLC, Tech Mahindra Limited, Redknee Solutions Inc., Asiainfo, Inc.

By geography, North America formed one of the key regions contributing to the growth for this market. The growing implementation of cloud based technology along with better access to client demands has been some of the major reasons for the rising demand of this market in this region. Asia Pacific is expected to grow at the highest CAGR during the forecast period factors such as adoption of cloud-based billing services, supporting government regulations and growing economies of emerging countries like Taiwan, India, and China are promoting the growth in this region.

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Types Covered:
Metered Billing
Provisioning
Subscription Billing
Cloud Service Billing
Other Types

Deployment Models Covered:
Platform as A Service (PaaS)
Software as A Service (SaaS)
Infrastructure as A Service (IaaS)

Providers Covered:
Telecom and Communication Service Providers
Managed Service Providers
Cloud Service Providers

Organization Sizes Covered:
Large Enterprises
Small and Medium Enterprises

Applications Covered:
Revenue Management
Account Management
Customer Management
Other Applications

End Users Covered:
Retail
Public Sector and Utilities
Healthcare and Life Sciences
Media and Entertainment
Manufacturing
Banking, Financial Services, and Insurance
Telecommunication and ITeS
Education
Other End Users

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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Regions Covered:
North America, US, Canada, Mexico, Europe, Germany, UK, Italy, France, Spain, Rest of Europe, Asia Pacific, Japan , China , India , Australia , New Zealand , South Korea, Rest of Asia Pacific , South America, Argentina, Brazil, Chile, Rest of South America, Middle East & Africa, Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa

Other Related Report@
Global Smart Education and Learning Market Size study, by Product, by Learning Mode (Collaborative Learning, Virtual Instructor-Led Training, Simulation-Based Learning, Adaptive Learning, Social Learning, Blended Learning), by End-Use (Academics and Corporates) and by Regional Forecasts 2018-2025:

www.reuters.com/brandfeatures/venture-capital/article?id=…

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This release was published on openPR.



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