What is the current Cloud Billing Market size?

The Cloud Billing Market is projected to register a CAGR of 23% during the forecast period (2024-2029) Read More

Who are the key players in Cloud Billing Market?

Orbitera, Inc., Microsoft Corporation, SAP SE, ARIA Systems, Inc. and Telefonaktiebolaget LM Ericsson are the major companies operating in the Cloud Billing Market. Read More

Which is the fastest growing region in Cloud Billing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cloud Billing Market?

In 2024, the North America accounts for the largest market share in Cloud Billing Market. Read More

What years does this Cloud Billing Market cover?

The report covers the Cloud Billing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cloud Billing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cloud Billing Market - Platform, Size & Industry Share

Cloud Billing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Cloud Billing Platform, Solutions & Market Trends and it is Segmented by Deployment (Public Cloud, Private Cloud, Hybrid Cloud), Component (Platform, Services), End-user Industry (Retail, Power & Energy, Healthcare, Telecommunications, BFSI, Other End-user Industry), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Cloud Billing Industry Overview

The cloud billing market's competitive landscape is gradually shifting towards fragmentation, owing to the presence of various solution providers across the globe. However, due to the increased instances of cloud adoption in various regions and end-user industries, the market competitiveness amongst the players is also increasing. Also, new and emerging players are entering the market, hence diluting the market share. Moreover, many existing major players are forming new strategies and partnerships to stay ahead of the competition in the market. In September 2022, Gentrack was chosen by Pulse Energy, a top provider of energy and broadband services, to be their system transition partner. The collaboration will accelerate organizational change and assist Pulse Energy in creating fresh client journeys throughout its enterprise. The Gentrack Cloud Billing and Operations solution will be made available on Amazon Web Services (AWS) as a transition component, with additional cloud services for meter reading data, business analytics and insights, and intelligent integration driven by Snowflake. In March 2022, Aria Systems, the market leader in assisting companies in growing subscription and usage-based income, announced that EXA Infrastructure, the first dedicated digital infrastructure platform linking North America and Europe, has successfully integrated its cloud billing platform and has begun invoicing for current products utilizing Aria. Following the USD 2.15 billion sales from GTT Communication, which had chosen Aria to serve as the new entity's billing provider starting in April 2021, EXA was established.