logo
logo
Sign in

Cloud Billing Market : Revenues to Go Up In The Forthcoming Years (SARS-CoV-2, Covid-19 Analysis)

avatar
Market News-Flash
Cloud Billing Market : Revenues to Go Up In The Forthcoming Years (SARS-CoV-2, Covid-19 Analysis)

Cloud Billing Market

A new market study, titled “Cloud Billing Market” has been featured on Market Research Future. 

Market Research Future (MRFR) has announced a new market research release on the global cloud billing market. The report profiles the global cloud billing market in order to provide readers with a comprehensive picture of the market’s present condition, historical growth patterns, and likely future growth trajectory. The competitive landscape of the global cloud billing market is also scanned in order to deliver accurate insights into the market’s competitive hierarchy and strategies likely to succeed in the market in the coming years. The major drivers and restraints of the global cloud billing market are studied in the report along with the major macroeconomic and microeconomic factors affecting the market’s growth trajectory. Thus, a complete picture of the global cloud billing market is provided to the reader in the report. According to the report, the global cloud billing market is expected to rise to a value of USD 20 billion at a CAGR of 25% over the forecast period (2017-2023).

More Information@ https://www.marketresearchfuture.com/reports/cloud-billing-market-1557 

Cloud billing is the use of cloud resources for storing and processing the data regarding billing processes in an organization. Cloud billing systems provide companies with an interface for smooth generation of usage bills. Functional requirements such as conversion functions and customer identification can also be carried out very easily with cloud billing, resulting in its growing demand in the corporate sector. The convenience of cloud billing in running a large organization is likely to propel the global cloud billing market over the forecast period. The low cost of cloud billing deployment and the rising need for flexible and convenient billing is also likely to drive the cloud billing market over the forecast period.

Segmental Analysis:

The global cloud billing market is segmented on the basis of type, application, provider, organization size, and end use.

On the basis of type, the global cloud billing market is segmented into subscription billing, cloud service billing, metered billing, provisioning, and others. 

On the basis of application, the global cloud billing market is segmented into account management, revenue management, customer management, and others. 

On the basis of deployment, the global cloud billing market is segmented into public cloud, private cloud, and hybrid cloud. 

On the basis of provider, the global cloud billing market is segmented into managed service providers, communication service providers, network operators, and others. 

On the basis of organization size, the global cloud billing market is segmented into SMEs and large enterprises. 

By end use, the global cloud billing market is segmented into BFSI, retail, manufacturing, logistics, media and entertainment, education, and others.

Regional Analysis:

The report studies the performance of the cloud billing market in North America, Europe, Asia Pacific, and rest of the world. 

North America is likely to continue in its position as the leading revenue generator in the global cloud billing market over the forecast period due to the growing adoption of cloud solutions in the region. The rapid advancements in cloud technology and cloud infrastructure in North American countries such as the U.S. and Canada have led to widespread adoption of cloud billing solutions. The convenience of cloud billing in running large organizations is likely to persuade an increasing number of companies to adopt cloud billing solutions in the coming years. The overall technological advancement in the region is also responsible for the growing demand from the cloud billing market in North America, as it has made easier for companies to incorporate cloud billing into their work processes. Europe is also likely to remain a major contributor to the global cloud billing market over the forecast period, as companies in the region are increasingly looking for technological solutions to make daily work processes easier and smoother. 

Competitive Analysis:

Leading players in the global cloud billing market include Zuora Inc., Oracle Corporation, IBM Corporation, Computer Sciences Corporation, Aria Systems Inc., CGI Group Inc., Utilibill, Chargebee, Comverse Technology Inc., Comarch, Interworks, Metratech, Blusynergy, Redknee, Globetom, CSG International, BMC Software, Verizon Wireless, Cloudability, SAP SE, NEC Corporation, Amazon Web Services Inc., and Amdocs. 

Related Article@ https://www.abnewswire.com/pressreleases/cloud-billing-market-perceives-a-fabulous-growth-prospects-unleashed-market-insights-till-2023-sarscov2-covid19-analysis_498558.html

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

collect
0
avatar
Market News-Flash
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more