Market Overview:
The global cloud billing market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based services and the need for efficient and effective billing solutions. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into subscription billing, metered billing, cloud service billing, provisioning, and others. Subscription billing is expected to hold a major share in the global cloud billing market owing to its growing popularity among enterprises for managing their subscription-based services effectively.
Product Definition:
Cloud billing is the process of charging customers for the use of cloud services. The importance of cloud billing is that it allows businesses to accurately track and charge for the use of cloud services. Cloud billing also helps businesses manage their expenses by providing a detailed view of how much each department or division is spending on cloud services.
Subscription Billing:
Subscription billing is a type of cloud billing which allows the end-users to pay for a recurring fee or subscription based on certain parameters. The main objective of this technique is to shift the burden from per-unit (perpetual) pricing to one that's based on subscription (transient).
Subscription Billing in Cloud Billing Market Size, Share & Trends Analysis Report By Type, By End Use, Regional Outlook, Competitive Strategies.
Metered Billing:
Metered billing is a type of cloud service that charges customers based on the usage. It is also known as time-based or volume-based billing. In metered billing, the amount of data that a customer uses in a certain period is measured and then charged to the user account.
Application Insights:
The revenue management segment dominated the global cloud billing market in 2017. This can be attributed to the increasing demand for cost-efficient and flexible billing solutions that enable enterprises to manage costs and optimize revenues. The revenue management solutions help enterprises analyze user behavior, identify patterns, and predict future requirements to generate more effective business decisions. These solutions also help organizations forecast resource requirements, set pricing policies for services such as data center space or IT resources, identify potential savings & profitability insights.
The customer management segment is expected to grow at a lucrative rate over the forecast period owing to rapid growth in e-commerce businesses across various industries worldwide. Cloud billing helps e-commerces improve their bottom line by enabling them retain existing customers while attracting new ones with premium offerings of products & services on an ongoing basis without incurring additional costs or investments from scratch every time a new customer signs up for a service or product online using an existing account information held by another organization (previous owner).
Regional Analysis:
The North American region dominated the global cloud billing market in 2017. The growth of the region can be attributed to several factors such as increasing adoption of cloud computing, high IT investment, and growing demand for digital services. Moreover, presence of key players in this region is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased spending on ICT technologies and rapid economic development in countries like China and India. Furthermore, government initiatives encouraging private investments are likely to boost regional market expansion over the next eight years. For instance, In April 2016; Government of India launched “Digital India†campaign with an aim to empower people digitally across country by 2020 Olympics (Milan).
Growth Factors:
- Increased demand for cloud services: The market for cloud billing is expected to grow as the demand for cloud services increases. Cloud billing helps organizations manage and track their usage of cloud resources, making it easier to optimize their spending on these resources.
- Rapid growth of the public cloud market: The public cloud market is growing rapidly, with spending expected to reach 6 billion by 2020. This growth is driving demand for solutions that can help organizations manage and optimize their use of public clouds. Cloud billing solutions are well-positioned to meet this need.
- Shift from CAPEX to OPEX spending model: A shift from the traditional CAPEX spending model to an OPEX model is driving increased adoption of cloud services and creating a need for solutions that can help organizations manage their costs associated with these services. Cloud billing solutions are well-suited to address this need.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Billing Market Research Report
By Type
Subscription Billing, Metered Billing, Cloud Service Billing, Provisioning, Others
By Application
Account Management, Revenue Management, Customer Management, Others
By Companies
Amazon Web Services (AWS)(AWS), Computer Sciences Corporation (CSC), IBM, NEC Corporation, Oracle, Amdocs Inc., Aria Systems, CGI Group Inc., SAP SE, Zuora
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Billing Market Report Segments:
The global Cloud Billing market is segmented on the basis of:
Types
Subscription Billing, Metered Billing, Cloud Service Billing, Provisioning, Others
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
Account Management, Revenue Management, Customer Management, Others
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:
- Amazon Web Services (AWS)(AWS)
- Computer Sciences Corporation (CSC)
- IBM
- NEC Corporation
- Oracle
- Amdocs Inc.
- Aria Systems
- CGI Group Inc.
- SAP SE
- Zuora
Highlights of The Cloud Billing 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:
- Subscription Billing
- Metered Billing
- Cloud Service Billing
- Provisioning
- Others
- By Application:
- Account Management
- Revenue Management
- Customer Management
- Others
- 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 Cloud Billing 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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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?
Cloud billing is a billing model in which the customer's subscription and usage data is stored on a remote server. The customer can access their account information from any device or web browser. This allows customers to manage their subscriptions and usage from any location.
Some of the major companies in the cloud billing market are Amazon Web Services (AWS)(AWS), Computer Sciences Corporation (CSC), IBM, NEC Corporation, Oracle, Amdocs Inc., Aria Systems, CGI Group Inc., SAP SE, Zuora.
The cloud billing market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Billing 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 Cloud Billing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Billing 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 Cloud Billing 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 Cloud Billing Market Size & Forecast, 2020-2028
4.5.1 Cloud Billing Market Size and Y-o-Y Growth
4.5.2 Cloud Billing 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 Subscription Billing
5.2.2 Metered Billing
5.2.3 Cloud Service Billing
5.2.4 Provisioning
5.2.5 Others
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 Account Management
6.2.2 Revenue Management
6.2.3 Customer Management
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Billing 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 Cloud Billing 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 Subscription Billing
9.6.2 Metered Billing
9.6.3 Cloud Service Billing
9.6.4 Provisioning
9.6.5 Others
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 Account Management
9.10.2 Revenue Management
9.10.3 Customer Management
9.10.4 Others
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 Subscription Billing
10.6.2 Metered Billing
10.6.3 Cloud Service Billing
10.6.4 Provisioning
10.6.5 Others
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 Account Management
10.10.2 Revenue Management
10.10.3 Customer Management
10.10.4 Others
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 Subscription Billing
11.6.2 Metered Billing
11.6.3 Cloud Service Billing
11.6.4 Provisioning
11.6.5 Others
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 Account Management
11.10.2 Revenue Management
11.10.3 Customer Management
11.10.4 Others
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 Subscription Billing
12.6.2 Metered Billing
12.6.3 Cloud Service Billing
12.6.4 Provisioning
12.6.5 Others
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 Account Management
12.10.2 Revenue Management
12.10.3 Customer Management
12.10.4 Others
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 Subscription Billing
13.6.2 Metered Billing
13.6.3 Cloud Service Billing
13.6.4 Provisioning
13.6.5 Others
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 Account Management
13.10.2 Revenue Management
13.10.3 Customer Management
13.10.4 Others
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 Cloud Billing Market: Competitive Dashboard
14.2 Global Cloud Billing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon Web Services (AWS)(AWS)
14.3.2 Computer Sciences Corporation (CSC)
14.3.3 IBM
14.3.4 NEC Corporation
14.3.5 Oracle
14.3.6 Amdocs Inc.
14.3.7 Aria Systems
14.3.8 CGI Group Inc.
14.3.9 SAP SE
14.3.10 Zuora
