Cloud billing is the process of generating bills using various billing policies from the resource data and cloud service module used for service-oriented architecture which covers functional requirements. The cloud billing market is value will be $6.21 Billion in 2018, and it is witnessing to reach up to $17.89 billion by 2025 with a CAGR of 24.1% during the forecast period 2019-2025. Rising demand for the billing operations, increasing demand for lower CAPEX and OPEX and emerging customer relationship management are the major factors which are boosting the market growth of the cloud billing market. However, constant changes in the technologies are the major factors which are impeding the market growth. The subscription billing is likely to have the highest CAGR owing to customer charges based on the products and service.
Research Study Objectives:
- Define, estimate, and forecast the cloud billing market statistics by type, providers, organisation size, application, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the cloud billing market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the cloud billing market analysis
- Analysis and conclusions on the future cloud billing market outlook.
Top-down and bottom-up approaches are used to validate the cloud billing market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and
the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
cloud billing market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
cloud billing market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The cloud billing market segmentation is as follows:
By Type
- Convergent billing
- Provisioning
- Cloud Service Billing
- Infrastructure as a service
- Platform as a service
- Software as a service
- Metered Billing
- Subscription Billing
- Others
By Providers
- Cloud service providers
- Telecom and communication service providers
- Managed service providers
By Organisation size
- Small and medium enterprises
- Large enterprises
By Application
- Revenue management
- Account management
- Customer management
- Others
By End-user
- Banking, Financial Services, and Insurance (BFSI)
- Manufacturing
- Telecommunication and IT
- Public sector and Utilities
- Media and Entertainment
- Retail
- Healthcare and Life Sciences
- Education
- Others
Geographical Analysis:
Cloud Billing Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland, and some other promising economies. APAC is further categorised by countries into China, India, Japan,
South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the cloud billing market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global cloud billing market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant cloud billing market players, such as
- Amazon Web Services, Inc.
- Computer Sciences Corporation (CSC)
- IBM Corporation
- NEC Corporation
- Oracle Corporation
Along with these companies, many other companies are considered in the report while analysing the global cloud billing competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
