Press release
Booming Growth in Cloud Billing Market 2018 and Foreseen Till 2025 | Worldwide Top Key Players – AWS, CSC, IBM, NEC, Oracle, Amdocs, CGI
Global Cloud Billing Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2025.Global Cloud Billing Market Overview:
According to Market Analyst, Global Cloud Billing Market is projected to grow at a healthy growth rate from 2018 to 2025.
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A cloud billing service module is used for a service oriented architecture that covers functional requirements including quote service, conversion policies, user identification, and payment schemes along with the non-functional ones such as security, standards, fault tolerance, and scalability among others. It is the ability to issue invoices faster along with reduction of errors that form some of the major drivers for this market globally. Usage of cloud billing system enables reaching a client quickly along with reducing the chance of typo errors.
Moreover, using this system helps in monitoring customer subscription that may be weekly, monthly or yearly. This process helps in tracking the whole payment system of customers along with sending timely reminders regarding the due payment further reducing chances of deferred payment. High demand for billing operations, centralized, and convergent billing solutions and the growing need to lower capital and operating expenditure is increasing the demand for cloud billing in the market.
The Cloud Billing Market Segmented on the Basis of Type, Application, Vertical and Region. On the Basis of Type, Market can be segmented into Subscription Billing, Metered Billing, Cloud Service Billing, Provisioning. Based on Application, Market further segmented into Customer Management, Revenue Management, Account Management. In term of Vertical, Market is sub segmented into BFSI, Telecommunications & ITES, Retail, Healthcare and life sciences, Education, Media and Entertainment and other. The media and entertainment industry is witnessing a potential growth in the cloud billing market across regions owing to the increase in the adoption of digital channels.
On the Basis of Geographical Analysis, North America is expected to hold the largest market share in 2016 while APAC would be the fastest maturing in terms of CAGR. Factors such as top mandatory government regulations, increasing need to focus on customer relationship management, rising cloud-based solution are the major factors supporting the growth of cloud billing market in APAC.
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The Market is segmented and projected on the basis of major key player’s:
1 AWS
2 CSC
3 IBM
4 NEC Corporation
5 Oracle Corporation
6 Amdocs
7 CGI Group
8 SAP
9 Zuora
10 Aria Systems and More……………
The Market is segmented and projected on the basis of major Region Segmentation
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size be in 2025?
2 What is driving this market??
3 What are the challenges to market growth?
4 Who are the key players in Cloud Billing Market?
5 What are the market opportunities and threats faced by the key players?
TABLE OF CONTENTS
Global Cloud Billing Market Size, Status and Forecast 2025
1 Industry Overview of Cloud Billing
2 Global Cloud Billing Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Cloud Billing Market Size by Type and Application (2013-2018)
5 United States Cloud Billing Development Status and Outlook
6 Europe Cloud Billing Development Status and Outlook
7 China Cloud Billing Development Status and Outlook
8 Japan Cloud Billing Development Status and Outlook
9 Southeast Asia Cloud Billing Development Status and Outlook
10 India Cloud Billing Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Cloud Billing Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
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