Cloud Billing Market by Application (Customer Management, Account Management) Deployment (Hybrid Cloud, Private Cloud, Public Cloud) Industries (BFSI, Information, Media and Entertainment, Healthcare) Providers (Managed Service Providers, Communication Service Providers, Network Operators) - Global Opportunities and Forecast, 2020-2027
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Oct 2020 |
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Cloud billing is interpreted as a process that helps enterprises generate bills by applying predefined policies. Authors often define the billing service module by discussing functional requirements such as payment schemes, quote service and others. Non functional requirements such as fault tolerance, security etc. are also covered, when defining the term cloud billing. Emergence of cloud billing market has enabled the much talked about cloud optimized billing element to offer an interface for generating bills. Furthermore, not only for real money the reference can be used for abstract concept currency exchange. However, this mainly depends upon an individuals cloud computing stratagem.
There are several drivers, restraints and opportunities shaping the future of cloud billing market worldwide. The modernization of the billing systems backed by companies understanding, the need for strengthening consumer satisfaction indicates, that the market has a bright future. Enterprises are now parting ways with their traditional systems and blending cloud technology into it. Growing business needs and ever-changing customer preferences have resulted in the adaption of effective business models to re-define agility. The key elements hindering the progress of the industry are on going maintenance and time consumption. Capability to provide usage based pricing plans paired with lean system that tracks resource utilization and complexities in billing related with cost as well as metering, are creating new opportunities for the business.
Furthermore, the cloud billing market is segmented in terms of applications, types, deployment, geography, service providers and industries. The market by types consists of cloud service billing, metered billing, embedded billing and others. Popular applications of cloud billing include customer management, customer management etc. Besides this, service providers serving the market are segmented into managed service providers, cloud service providers and others. The major deployment models such as public cloud, hybrid cloud as well as private clouds have contributed greatly to the expansion of the cloud billing market. Business vertical such as BFSI, Healthcare, Information Technology etc. depend greatly on this technology. Strong presence of the technology is felt in regions including Latin America, Europe, North America, Asia Pacific, Middle East as well as Africa.
Cloud billing companies are seen expanding their business by adding new products to their existing portfolio. Proven business strategies such as acquisitions, collaborations etc. are helping many companies put forth their brand value successfully. Enterprises are investing generously to maintain a competitive edge in the market. The list of most prominent cloud billing market players includes Amazon Web Services, Aria Systems,Cerillion Technologies,BMC Software, CSG International, Computer Scie, CGI Group,Blusynergy, Amdocs, Blulogix, Comarch and others.
Key Benefits For Stakeholders
- The cloud billing market research study offers an in-depth examination of the present and newtrends with a special focus on the business environment worldwide.
- A comprehensive assessment of the major drivers, restraints and opportunities influencing cloud billing market growth are thoroughly studied.
- Market status and business performance in regions such as North America, Europe, Asia Pacific, etc. are also discussed in the cloud billing market research report.
- The research further weighs up on the critical business imperatives such market dynamics, cost, import and export status and others.
- This research entails a comprehensive, qualitative evaluation of effective marketing and branding initiatives backed by major brands.
- Comprehensive assessment of the strengths, weaknesses, opportunities and threat faced by major vendors are also covered by the report.
- The data in the study is completely based on the recent news and policies.
Cloud Billing Market Segments
Market By Application
- Customer Management
- Account Management
- Others
Market By Deployment
- Hybrid Cloud
- Private Cloud
- Public Cloud
Market By Industries
- BFSI
- Information
- Media and Entertainment
- Healthcare
- Others
Market By Providers
- Managed Service Providers
- Communication Service Providers
- Network Operators
- Others
Market By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
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- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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