Press release
Telecom Cloud Billing Market Rising Demand for Bundled Services with Top Key Players like Netcracker Technology, Cerillion PLC, Redknee Inc., CGI Group Inc. and Global Forecast to 2024
Telecom Cloud Billing Market
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Global Telecom Cloud Billing Market accounted for USD 2.3 billion in 2016 growing at a CAGR of 26.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors:
Some of the major players of the global telecom cloud billing market are:-
• Oracle,
• Huawei Technologies Co. Ltd.,
• Netcracker Technology,
• Cerillion PLC,
• Redknee Inc.,
• CGI Group Inc.,
• Ericsson AB,
• AMDOCS,
• AsiaInfo Inc.,
• Tech Mahindra Limited among others.
Market Definition: Global Telecom Cloud Billing Market
The telecom cloud billing comprises of a wide array of activities which ranges from the process of usage tracking for voice and data, levying charges upon respective tariffs, generating invoices to the customers among others through the various cloud based solutions on public, private, or hybrid deployment. The need for real-time billing and increased demand for bundled services are some of the drivers fuelling the growth of this market.
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Major Market Drivers:
• Lower Operational and Administration Cost
• Need for Real-Time Billing
• Increased Demand for Bundled Services
• Increasing Mobile Penetration
Market Segmentation:
The global telecom cloud billing market is Segmented on the Basis Of Billing into:-
• Convergent,
• Prepaid,
• Postpaid,
• Interconnect,
• Roaming and others.
On the basis of Application, the global telecom cloud billing market is segmented into:-
• Revenue Management,
• Account Management and
• Customer Management.
On the basis of Cloud Platform, the global telecom cloud billing market is segmented into:-
• Software as a Service and
• Infrastructure as a Service.
On the basis of Deployment, the global telecom cloud billing market is segmented into:-
• Public,
• Private And
• Hybrid.
On the Basis of Rate of charging mode, the global telecom cloud billing market is segmented into:-
• Subscription Based and
• Usage Based.
On the basis of Service, the global telecom cloud billing market is segmented into:-
• Professional And
• Managed.
On the basis of End User, the global telecom cloud billing market is segmented into:-
• Individuals and
• Enterprises.
On the basis of Geography, global telecom cloud billing market report covers data points for 28 countries across multiple geographies such as:-
• North America,
• South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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