Cloud Billing Services Market Poised for an Explosive Growth in the Near Future

Cloud billing can be defined as the process of generating bills from the resource usage data with the help of predefined data sets and billing policies. Cloud billing offers low cost of ownership, ability to add new services emerging in the dynamic environment, set of connectors, device and independent access to billing information. The cloud billing system enables users to easily manage and retrieve data from various locations and, also helps in serving their customers in a better manner.

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Lower operational & administration cost, advancement & increase in adoption of cloud-based technologies, increasing mobile penetration and high subscriber growth, need for real-time billing, and increased demand for bundled services are some of the driving forces in the telecom cloud billing market. Telecom regulations across the globe and usage of legacy systems would be the restraining factors for the telecom cloud billing market.

In 2018, the global Cloud Billing Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Cloud Billing Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud Billing Services development in United States, Europe and China.

The key players covered in this study
-Amazon Web Services
-Amdocs
-Aria Systems
-CGI
-Computer Sciences
-International Business Machines
-NEC
-Oracle
-SAP
-Zuora

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Market segment by Type, the product can be split into
Subscription Billing
Metered Billing

Market segment by Application, split into
BFSI
Telecom & IT
Healthcare
Automotive
Manufacturing
Food And Beverage
Power & Energy
Consumer Electronics
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
-To analyze global Cloud Billing Services status, future forecast, growth opportunity, key market and key players.
-To present the Cloud Billing Services development in United States, Europe and China.
-To strategically profile the key players and comprehensively analyze their development plan and strategies.
-To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Cloud Billing Services are as follows:
-History Year: 2014-2018
-Base Year: 2018
-Estimated Year: 2019
-Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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