According to new market research report on "Cloud Billing Market by Type (Subscription Billing, Metered Billing), Providers (CSP, Telecom and Communication Provider, & MSP), Application (Customer, Revenue, & Account Management, Organization Size, Vertical, and Region - Global forecast to 2021", The cloud billing market size is estimated to grow from USD 5.68 Billion in 2016 to USD 16.59 Billion by 2021, at expected Compound Annual Growth Rate (CAGR) of 23.9% from 2016 to 2021.
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.
Browse and in-depth TOC on “Cloud Billing Market”
64 - Tables
50 - Figures
151 - Pages
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“APAC is expected to witness a high growth potential during the forecast period”
North America is expected to keep the largest market proportion in 2016 while APAC would be the fastest maturing in phrases of CAGR. Factors which includes pinnacle obligatory government guidelines, increasing want to focus on consumer courting management, rising cloud-based solution are the fundamental elements helping the increase of cloud billing market in APAC.
“Media & Entertainment and Telecommunication & ITES are expected to grow at the highest CAGR during the forecast period. “
The media and leisure enterprise is witnessing a ability boom in the cloud billing market throughout areas attributable to the growth in the adoption of virtual channels. Moreover, the telecommunications and ITES quarter has usually been at the forefront while adopting cloud-primarily based technologies to serve their customers better.
“Customer Management is expected to gain prominent traction during the forecast period”
The cloud billing market is anticipated to grow at an excellent CAGR at some stage in the forecast length. Customer retention and patron comments are the two maximum crucial elements businesses are that specialize in, thereby growing the software of customer control in the cloud billing market. Moreover, cloud billing no longer only allows in retaining the clients but additionally gives you value by organizing healthful customer-company relationship.
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“Cloud Service Billing is expected to grow at the highest CAGR during the forecast period”
Cloud carrier billing is anticipated to develop at the highest CAGR in the course of the forecast duration. Advancement in cloud era has extended the client base appreciably inside the billing marketplace and raised the call for for cloud billing. Among the diverse kinds of cloud provider billing, SaaS-primarily based offerings are becoming more popular because of its capability to offer clean customization and revolutionary functionality.
The major service providers in the cloud billing market include Amazon Web Service, Inc. (U.S.) , CSC (U.S.), IBM Corporation (U.S.), NEC Corporation (Japan), Oracle Corporation (U.S.), Amdocs, Inc. (Israel), Aria System, Inc (U.S.)., CGI Group, Inc. (Canada), SAP SE (Germany), and Zuora, Inc. (U.S.).
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According to new market research report on"Cloud Billing Market by Type (Subscription Billing, Metered Billing), Providers (CSP, Telecom and Communication Provider, & MSP), Application (Customer, Revenue, & Account Management, Organization Size, Vertical, and Region - Global forecast to 2021", The cloud billing market size is estimated to grow from USD 5.68 Billion in 2016 to USD 16.59 Billion by 2021, at expected Compound Annual Growth Rate (CAGR) of 23.9% from 2016 to 2021.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.Browse and in-depth TOC on “Cloud Billing Market” 64 - Tables50 - Figures 151 - Pages Ask For PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1022 “Cloud Service Billing is expected to grow at the highest CAGR during the forecast period”Cloud carrier billing is anticipated to develop at the highest CAGR in the course of the forecast duration.
Advancement in cloud era has extended the client base appreciably inside the billing marketplace and raised the call for for cloud billing.
Among the diverse kinds of cloud provider billing, SaaS-primarily based offerings are becoming more popular because of its capability to offer clean customization and revolutionary functionality.“Customer Management is expected to gain prominent traction during the forecast period”The cloud billing market is anticipated to grow at an excellent CAGR at some stage in the forecast length.
Customer retention and patron comments are the two maximum crucial elements businesses are that specialize in, thereby growing the software of customer control in the cloud billing market.
Moreover, cloud billing no longer only allows in retaining the clients but additionally gives you value by organising healthful customer-company relationship.“Media & Entertainment and Telecommunication & ITES are expected to grow at the highest CAGR during the forecast period.
“The media and leisure enterprise is witnessing a ability boom in the cloud billing market throughout areas attributable to the growth in the adoption of virtual channels.
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.
Global Cloud Billing Market is estimated to grow at a CAGR of 27.28% and to hit revenue of $11.89 billion by 2023.North America continues to lead with major growth in the Cloud Billing MarketNorth America is the foremost region for cloud billing market, witnessing a revenue of $1.35 billion in 2017.
Germany and U.K. are the dominant regions for cloud billing market in this region.
Metered billing is one of the major types of cloud billing market, which generated revenue of $1.24 billion in 2017and 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.
Cloud Billing Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the cloud billing industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected cloud billing market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/cloud-billing-global-market-reportThe Cloud Billing Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global cloud billing market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Cloud Billing Global Market Report 2021 covers cloud billing market drivers, cloud billing market trends, cloud billing market growth rate, cloud billing market major players, player-adopted strategies in the market, and cloud billing market size.
The global cloud billing market is expected to grow from $4.76 billion in 2020 to $5.92 billion in 2021 at a compound annual growth rate (CAGR) of 24.2%.
The change in growth trend is mainly due to the growing demand for cloud billing owing to its lower operating costs.
9-July-2019 This report focuses on the global Social Employee Recognition Systems status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the Social Employee Recognition Systems development in United States, Europe and China.In 2017, the global Social Employee Recognition Systems market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.The key players covered in this study•GloboForce Ltd•SalesForce.Com•Reffind Ltd•Achievers Corporation•Kudos, Inc.•Madison•Vmware, Inc.•Recognize Services, Inc.•Jive Software, Inc.•BI WorldwideGrasp advance knowledge on Social Employee Recognition Systems Market @ https://www.radiantinsights.com/research/global-social-employee-recognition-systems-marketMarket segment by Type, the product can be split into•On-Premise•CloudMarket segment by Application, split into•Healthcare•Manufacturing•IT and Telecom•Travel and Hospitality•Retail and Consumer Goods•Media and Entertainment•OthersMarket segment by Regions/Countries, this report covers•United States•Europe•China•Japan•Southeast Asia•India•Central & South AmericaThe study objectives of this report are:•To analyze global Social Employee Recognition Systems status, future forecast, growth opportunity, key market and key players.•To present the Social Employee Recognition Systems 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 Social Employee Recognition Systems are as follows:•History Year: 2013-2017•Base Year: 2017•Estimated Year: 2018•Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.Table of Contents1 Report Overview1.1 Study Scope1.2 Key Market Segments1.3 Players Covered1.4 Market Analysis by Type1.4.1 Global Social Employee Recognition Systems Market Size Growth Rate by Type (2013-2025)1.4.2 On-Premise1.4.3 Cloud1.5 Market by Application1.5.1 Global Social Employee Recognition Systems Market Share by Application (2013-2025)1.5.2 HealthcareAccess the Case Study on Global Social Employee Recognition Systems Market @ https://www.radiantinsights.com/research/global-social-employee-recognition-systems-market/request-sample2 Global Growth Trends2.1 Social Employee Recognition Systems Market Size2.2 Social Employee Recognition Systems Growth Trends by Regions2.2.1 Social Employee Recognition Systems Market Size by Regions (2013-2025)2.2.2 Social Employee Recognition Systems Market Share by Regions (2013-2018)2.3 Industry TrendsIf you have any special requirements, please let us know and we will offer you the report as you want.
