Cloud Billing Services Market Growth, Forecast and Key Vendor Analysis to 2019

Billing management systems enable telecom operators to effectively handle all tasks and processes related to financial transactions. It facilitates customer account operations and provides invoicing flexibility for multiple payment models, methods, and channels. It also supplies tools for personalization of billing services and customized invoice calculation. It also enables resolution of end-to-end billing-related disputes. With changes in technology, vendors are shifting toward customized platforms on the cloud. Cloud billing is the method of generating bills from restored data using billing policies. The cloud billing services caters to both functional and non-functional requirements. The functional requirements include policies, payment schedules, user IDs, and conversion functions. The non-functional requirements include security, scalability, and standards.

Analysts forecast the Global Cloud Billing Services Market to grow at a CAGR of 27.61 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Global Cloud Billing Services market for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of cloud billing services including subscription and update charges. Moreover, the revenue includes:

  • Billing services on cloud
  • Billing of cloud services

It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

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Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • Amdocs
  • CGI Group
  • Computer Science
  • Oracle

Other Prominent Vendors

  • Amazon Web Services
  • Aria Systems
  • BMC Software
  • Cerillion
  • Chargebee
  • Chargify
  • Cloudability
  • Comarch
  • IBM
  • NEC
  • Recurly
  • RedKnee
  • SAP
  • Vindicia
  • Zuora

Market Driver

  • Demand for Enhanced Billing Operations

Market Challenge

  • Issues Related to Data Security

Market Trend

  • Outsourcing of Telecom Billing by Small and Medium-sized Telecom Operators

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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