In the Report “Cloud Billing Market:
By Type (Subscription Billing, Metered Billing, Cloud Service Billing,
Provisioning); By Application (Customer, Revenue, Account); By Verticals (BFSI,
Retail, Education, Public Sector & Utilities, Healthcare, others); By Geography
- (2018-2023)” published by
IndustryARC, the market is driven by the growing need to deploy low cost,
convenient, and flexible billing solutions.
North America continues to lead with major growth in
the Cloud Billing Market
North America is the foremost region for cloud billing market,
witnessing a revenue of $1.35 billion in 2017. The market is predicted to reach
$3.9 billion by 2023. The higher level of adoptions for this market is basically
due to high acceptance of cloud server applications in various industry
verticals. The region to lead the market is Europe, generating revenue of $3401
million in 2023 and growing at a CAGR of 17.79% throughout the forecast period.
Germany and U.K. are the dominant regions for cloud billing market in this
region. Asia-Pacific is the fastest growing region at a CAGR of 22.87% for the
forecast period of 2018-2023.
Cloud Billing Market Type and Deployment Model Analysis done in the full Report:
Depending upon the type of cloud of billing, it is
segmented into subscription billing, metered billing, cloud service billing, and
provisioning. Metered billing is one of the major types of cloud billing market,
which generated revenue of $1.24 billion in 2017 and is estimated to grow at a
CAGR of 20.22% by 2018-2023, owing to the multifold adoption of SaaS, PaaS and
IaaS in the future. It is followed by cloud service billing, which generated revenue
of $1.083 billion by 2017 and is projected to reach $3.36 billion by 2023. Global cloud service billing market was analyzed
to be dominated by laaS with a share of 55.4% of global value in 2017. This is
analyzed to be followed by SaaS, and PaaS with a share of 24.3% and 20.3%
respectively. However, SaaS vertical is analysed to
witness the highest growth of 25% during 2018-2023 for the adoption of online
application software in the B2C sphere in the future. Subscription and
provision billing is set to witness the lowest growth owing to the tough
competition from the other types of cloud billing solution integrated with
similar features.
Talk to one
of our sales representative about the Cloud Billing Market report by providing your details
in the link below:
Excerpts on
Market Growth Factors
·
Increasing
adoption of real time billing solutions as well as cloud service providers are creating
opportunities for the market. Example: increase in mobile subscribers for using
the facility of real time billing is creating a huge scope for the cloud billing
software market.
·
Adoption of
public clouds among the SMEs and, private and hybrid clouds by large enterprises,
is set to drive various DCIM and Operation solutions in the future including
cloud billing solutions.
To access the Cloud Billing Market report browse the link below
Key players
of the Cloud Billing Market
The Global Cloud Billing Market study across various
end user industries is incorporated in the report. Amazon and SAP AG are the dominant players of
Global Cloud Billing Market, with a share of 23% and 20% respectively. Amazon’s major development is Amazon Elastic
Compute Cloud, Amazon Virtual Private Cloud, AWS Cloud Trail, AWS Cloud HSM,
etc. and SAP’s services in SAP Hybris Revenue Cloud. IBM
accounted for 14% of share which is the third highest revenue in the global
market. Oracle has been developing new software for the cloud technologies including
billing for the media and entertainment industry. Some of the major
applications of Oracle Corporation are as follows: Oracle Infrastructure (IaaS),
Oracle Platform (Paas), Oracle Application (SaaS) and Oracle Database (DaaS). Aria
Systems, Chargify, MagnaQuest, MetraTech are few more companies having equal
level of combined share in the market.
Cloud Billing Market report is segmented as below
A.
Cloud Billing
Market By Type
1.
Subscription
Billing
2.
Metered
Billing
3.
Cloud Service
Billing
4.
Provisioning
B.
Cloud Billing
Market By Application
1.
Customer Management
2.
Revenue
Management
3.
Account
Management
C.
Cloud Billing
Market By Deployment Model
1.
Software as a
Service (SaaS)
2.
Platform as a
Service (PaaS)
3.
Infrastructure
as a Service (IaaS)
D.
Cloud Billing
Market By End Use Industry
1.
Banking,
Financial Services, and Insurance
2.
Retail
3.
Education
4.
Public Sector
and Utilities
5.
Healthcare
and Life Sciences
6.
Manufacturing
7.
Media and
Entertainment
8.
Telecommunication
and ITeS
9.
Others
E.
Cloud Billing
Market by Geography (covers 10+ countries)
F.
Cloud Billing
Market Entropy
Companies Citied / Interviewed in Cloud Billing Market
1. Computer Sciences Corporation
2. Amdocs Limited
3. Nec Corporation
4. Netcracker Technology Corporation
5. Ibm Corporation
6. Cgi Group Inc.
7. Telefonaktiebolaget Lm Ericsson
8. Zuora Inc.
9. Company 10+
Related
Report:
A.
Web Real Time Communication Market
B.
Blockchain Market
What can you expect
from the report?
The Cloud
Billing Market Report is Prepared with the Main Agenda to Cover the following
20 points:
1. Market
Size by Product Categories & Application 11. Demand Analysis (Revenue &
Volume)
2. Market
trends & Relevant Market Data 12.
Country level Analysis
3.
Manufacturer Landscape 13. Competitor Analysis
4.
Distributor Landscape 14.
Market Shares Analysis
5. Pricing
Analysis 15.
Value Chain Analysis
6. Top 10 End
user Analysis 16.
Supply Chain Analysis
7. Product
Benchmarking 17.
Strategic Analysis
8. Product
Developments 18.
Current & Future Market Landscape Analysis
9. Mergers
& Acquisition Analysis 19.
Opportunity Analysis
10. Patent
Analysis 20.
Revenue and Volume Analysis
Frequently
Asked Questions:
Q. Does IndustryARC publish country or application based reports in Cloud
Billing Market segment?
Response: Yes, we do have separate reports
as mentioned below:
1. Americas Cloud
Billing Market Report (2018-2023)
2. Asia Pacific Cloud
Billing Market Analysis (2018-2023)
3. Europe Cloud Billing
Market Size (2018-2023)
4. Type Material Type Cloud
Billing Market Share (2018-2023)
5. Applications Cloud
Billing Market Trends (2018-2023)
6. Deployment Model Cloud
Billing Industry Growth (2018-2023)
Q. Does
IndustryARC provide customized reports and charge additionally for limited
customization?
Response: Yes, we can customize the
report by extracting data from our database of reports and annual subscription
databases. We can provide the following free customization:
1. Increase
the level of data in application or end user industry.
2. Increase
the number of countries in geography chapter.
3. Find out
market shares for other smaller companies or companies which are of interest to
you.
4. Company
profiles can be requested based on your interests.
5. Patent
analysis, pricing, product analysis, product benchmarking, value and supply
chain analysis can be requested for a country or end use segment.
Any other
custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our
consulting services.
To request for a proposal, provide your
details in the below link:
Media
Contact:
Mr. Venkat
Reddy
Sales Manager
Email 1:
sales@industryarc.com
Contact
Sales: +1-614-588-8538 (Ext-101)
About
IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than
500 reports annually, in various industries such as Agriculture, Automotive,
Automation & Instrumentation, Chemicals and Materials, Energy and Power,
Electronics, Food & Beverages, Information Technology, Life sciences
&Healthcare.
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