Market Overview:
The global billing and provisioning software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based billing and provisioning software from small and medium-sized enterprises (SMEs) and large enterprises. Additionally, the growing adoption of BYOD (Bring Your Own Device) policies among organizations is also contributing to the growth of this market. However, lack of awareness about cloud-based billing and provisioning software among small businesses is restraining the growth of this market. North America dominates the global billing and provisioning software market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Billing and Provisioning Software is a type of software that is used to manage the billing and provisioning processes for telecommunications carriers, service providers, and other businesses. This type of software can automate many of the tasks associated with these processes, such as creating customer accounts, assigning phone numbers, billing customers, and managing service orders. Billing and Provisioning Software can also help businesses track their usage data in order to optimize their services.
Web-Based:
The web-based billing and provisioning software is a type of cloud computing software that helps in managing the customer lifecycle. It includes solutions for customer engagement, account management, subscription management, revenue cycle management (RCM), and product up-selling/cross selling. The key features driving the growth of this market include increased adoption by small businesses due to its cost effectiveness and advanced capabilities over other conventional solutions such as online self-service or manual processing.
Installed:
The installed software market is expected to grow at a CAGR of XX% from 2018 to 2025. This growth can be attributed to the increasing demand for cloud-based solutions and services in enterprises across different industry verticals. The growing trend towards Software as a Service (SaaS) has led many organizations shifting their dependence on third-party vendors for critical business applications such as customer relationship management, enterprise resource planning, human resource management, and others.
Application Insights:
The large enterprises segment dominated the global billing and provisioning software market in 2017, accounting for over 60% of the revenue share. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as a large number of customers, diverse product portfolio, and presence of a dedicated team for developing new innovative products.
SMEs are increasingly adopting bill and pay solutions that offer them flexibility in managing their business operations including invoicing, payment processing services, account management & analytics functions all within one platform with ease and efficiency. SMEs have been registering significant growth across various regions owing to increasing penetration of internet technologies coupled with growing awareness regarding e-commerce business operations globally. The aforementioned factors are anticipated to drive demand from SMEs over the forecast period thereby contributing towards overall market growth during this timeframe.
Regional Analysis:
North America dominated the global billing and provisioning software market in 2017. North America has been witnessing continuous growth in SMEs, large enterprises as well as MNCs. The U.S., in particular, is a major revenue contributor to the regional market owing to the presence of a large number of small- and medium-sized enterprises (SMEs). These SMEs are increasingly adopting billing and provisioning software solutions for efficient management of their business operations.
Growth Factors:
- Increasing demand for cloud-based billing and provisioning software due to its scalability and flexibility.
- The need for automation in the billing and provisioning process to speed up the time-to-market for new services or products.
- Growing popularity of subscription-based pricing models, which require more sophisticated billing and provisioning capabilities.
- Rising demand from small businesses and startups that need affordable yet powerful billing and provisioning software solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Billing and Provisioning Software Market Research Report
By Type
Web-Based, Installed
By Application
Small and Medium-sized Enterprises (SMEs), Large Enterprises
By Companies
FreshBooks, Tipalti, Replicon, Zoho, PandaDoc, Intuit, Microsoft, PayPal, TimeCamp, Stripe, Sage, Invoicely, Invoiced
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Billing and Provisioning Software Market Report Segments:
The global Billing and Provisioning Software market is segmented on the basis of:
Types
Web-Based, Installed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-sized Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FreshBooks
- Tipalti
- Replicon
- Zoho
- PandaDoc
- Intuit
- Microsoft
- PayPal
- TimeCamp
- Stripe
- Sage
- Invoicely
- Invoiced
Highlights of The Billing and Provisioning Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-Based
- Installed
- By Application:
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Billing and Provisioning Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Billing and provisioning software is a type of software that helps businesses manage their billing and provisioning processes. This software can help businesses automate their billing and provisioning processes, making it easier to keep track of expenses and ensure that customers are getting the correct products or services.
Some of the key players operating in the billing and provisioning software market are FreshBooks, Tipalti, Replicon, Zoho, PandaDoc, Intuit, Microsoft, PayPal, TimeCamp, Stripe, Sage, Invoicely, Invoiced.
The billing and provisioning software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Billing and Provisioning Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Billing and Provisioning Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Billing and Provisioning Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Billing and Provisioning Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Billing and Provisioning Software Market Size & Forecast, 2020-2028
4.5.1 Billing and Provisioning Software Market Size and Y-o-Y Growth
4.5.2 Billing and Provisioning Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Web-Based
5.2.2 Installed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium-sized Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Billing and Provisioning Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Billing and Provisioning Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Web-Based
9.6.2 Installed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium-sized Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Web-Based
10.6.2 Installed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium-sized Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Web-Based
11.6.2 Installed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium-sized Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Web-Based
12.6.2 Installed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium-sized Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Web-Based
13.6.2 Installed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium-sized Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Billing and Provisioning Software Market: Competitive Dashboard
14.2 Global Billing and Provisioning Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FreshBooks
14.3.2 Tipalti
14.3.3 Replicon
14.3.4 Zoho
14.3.5 PandaDoc
14.3.6 Intuit
14.3.7 Microsoft
14.3.8 PayPal
14.3.9 TimeCamp
14.3.10 Stripe
14.3.11 Sage
14.3.12 Invoicely
14.3.13 Invoiced
