Global Cloud Billing Market Research Report

The global cloud billing market is expected to grow from $3.19 billion in 2013 to $12.54 billion in 2018, at a CAGR of 31.5%, during the period 2013 to 2018. The market is primarily driven by the increasing adoption of cloud services. Cloud billing solutions blend the traditional billing solutions with cloud technology and enable billing for both digital and non-digital services.

With the increasing adoption of cloud services across all industry verticals, the need to have an efficient and transparent mechanism for cloud billing has increased. Cloud service providers offer dynamic services, in addition to the varying requirement of the cloud users. This leads to the intricacies in billing modules. Companies have now realized the effect of having a cost-effective and custom build billing technique on the customer experience. Cloud billing not only helps in monetizing the cloud services but manages a large volume of data in real time by automating the billing process. The billing expertise helps the organizations to better focus on core business areas and enhances their performance.

The global cloud billing market report provides a competitive benchmarking of the leading players in this market such as CGI Group, CSC, IBM, Oracle, and SAP in terms of their product offerings, key strategies, and operational parameters. The global cloud billing market report further provides global market trend, overall adoption scenario, competitive landscape and key drivers, restraints, and opportunities. The global cloud billing market report aims at estimating the current market size and the future growth potential of the different global cloud billing market offerings across different types, delivery models, deployment models, billing models, users, industry verticals, and geographies. The geographies covered in this report are North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).