Market Report

Cloud billing is a technique of generating bills for the clients based on the resource usage data and policy. The global cloud billing Market is estimated to be $3.9 billion in 2017 and is estimated to surpass $9.3billion mark by growing at a CAGR of 19.07% during 2018-2023. Metered billing holds the largest market share and generated revenue of $1.2billion in 2017 and is estimated to surpass $3.1 billion by growing at a CAGR of 20.22% during 2018-2023. By region Americas holds the largest market share with 35%.  What is Cloud Billing? Cloud billing refers to the process of generating bills from the resource usage data catering its application in revenue management and customer management. This type of billing are set of predefined billing policies and can leverage both recurring and usage-based revenue models. Cloud based billing solutions manage the difficulty associated with the delivery of digital and non-digital services, and provide robust support for integration. Request Sa...