| Submit Press Release
| Submit Website
(Hosting-NewsWire.com, June 13, 2018 ) According to a new market report, "Cloud Billing Market by Type (Embedded, Subscription, Metered, Convergent, Cloud Service Billing, Professional Services, and others), Service Provider (Cloud, Communication and Network Operator, and MSP) - Global Forecast (2015 - 2020)", published by MarketsandMarkets, The Cloud Billing Market is expected to grow from USD 4,550.0 Million in 2015 to USD 14,600.0 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 26.3%.
Submit press release on hosting
Browse 67 market data Tables and 44 Figures spread through 155 Pages and in-depth TOC on "Cloud Billing Market"
Early buyers will receive 10% customization on this report.
The market report defines and segments the Cloud Billing Market into various sub-segments with an in-depth analysis and estimation of market size. It also identifies the drivers and restraints for this market with insights on trends, opportunities, and challenges
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1022
The adoption of cloud billing solutions is proliferating as businesses move to the cloud. With increase in the adoption of the pay-as-you-use pricing model, tracking the usage of allocated resources and providing real-time view of an account's resource consumption is necessary to enhance customer experience and to avoid revenue leakages. The cloud billing solutions bring flexibility and scalability to comply with the changing needs of billing. The billing services on cloud provide organizations with several advantages, including increased transparency in the charging and billing processes, virtualized workplaces, flexibility to upscale with increase in the number of customers, and simplified operations, along with accelerated performance.
MarketsandMarkets has broadly segmented the Cloud Billing Market by type: embedded billing, subscription billing, metered billing, convergent billing, cloud service billing, professional services, and others; by vertical: Banking, Financial Services, and Insurance (BFSI), retail & wholesale, healthcare, public services & utilities, telecommunication & Information Technology (IT), media & entertainment, transportation & logistics, and others; and by region: North America, Europe, Latin America, Asia-Pacific (APAC), and the Middle East and Africa (MEA).
MarketsandMarkets believes that time consumption and ongoing maintenance are the major constraints in the Cloud Billing Market. These limitations carry a significant potential for hampering the adoption rate of cloud billing in various Small and Medium Businesses (SMBs) across a wide range of verticals.
The Cloud Billing Market is expected to grow from USD 4,550.0 Million in 2015 to USD 14,600.0 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 26.3%. In regional segmentation, North America is expected to be the largest market in terms of market size while Asia-Pacific (APAC), Latin America, and the Middle East and Africa (MEA) are expected to emerge rapidly in this market at high CAGRs.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
| Submit your hosting website