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Cloud Billing: Global Market Outlook (2017-2026) – Drivers, Restraints, Trends and Opportunities – ResearchAndMarkets.com

The “Cloud
Billing – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.

The Global Cloud Billing Market accounted for $8.13 billion in 2017 and
is expected to reach $48.4 billion by 2026 growing at a CAGR of 21.9%
during the forecast period.

Increasing demand for centralized & convergent billing solutions, rising
demand for cloud billing in developed regions, growing demand for the
billing system which requires low operation cost and capital requirement
are some key factors propelling the market growth. However, time
consumption and continuously changing technologies are hampering the
market growth.

Based on type, cloud service billing segment is expected to grow at the
significant market share during the forecast period owing to the
advancements in cloud technology which in turn increases demand for
cloud billing. In addition, amongst end user, media and entertainment
segment is witnessing a potential growth in the market due to the rising
in the adoption of digital channels.

Report Scope

Types Covered

Deployment Models Covered

Providers Covered

Organization Sizes Covered

Applications Covered

End-Users Covered

Companies Profiled

For more information about this report visit https://www.researchandmarkets.com/research/jg9mtq/cloud_billing?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005769/en/