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For more information kindly visit: https://www.bharatbook.com/information-technology-market-research-reports-776698/cloud-billing-type-providers-application-vertical-region-global-forecast.html Bharat Book Bureau provides the report, on "Cloud Billing Market by Type - Global forecast to 2021”. The cloud billing market is driven by factors such as increased adoption of cloud technology by Small and Medium Enterprises and the organization’s inclination toward subscription-based billing and pay-per-use model
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Summary • Growing demand for billing operations, centralized and convergent billing solutions and the need for lower capital and operating expenditure are driving the cloud billing marketThe cloud billing market size is estimated to grow from USD 5.68 billion in 2016 to USD 16.59 billion by 2021, at an estimated CAGR of 23.9% from 2016 to 2021. The cloud billing market is driven by factors such as increased adoption of cloud technology by Small and Medium Enterprises (SMEs) and the organization’s inclination toward subscription-based billing and pay-per-use model. www.bharatbook.com
Subscription Billing is expected to have the highest market share during the forecast periodSubscription billing is expected to have the largest market share during the forecast period. Cost efficiency for customers is the major advantage of the subscription billing as it charges customers based on the products and services they utilize. Moreover, its ability to predict the revenue of the business process helps companies to further plan their business has contributed to its popularity. www.bharatbook.com
North America to have the largest share of the market, whereas APAC the highest growth rateNorth America is expected to hold the largest market share in 2016 while APAC is the fastest maturing in terms of CAGR. APAC has a variety of billing systems and the criticality of billing is much higher due to its diverse nature. This is one of the major factors supporting the growth of cloud billing in this region to avoid security issues and IT glitches. Moreover, at the same time, cloud emergence and mandatory government regulation is boosting the growth of Cloud Billing Market in the APAC region. www.bharatbook.com
Table Of Content • 1 Introduction • 2 Research Methodology • 3 Executive Summary 4 Premium Insights • 5 Market Overview • 6 Industry Trends • 7 Cloud Billing Market Analysis, By Type www.bharatbook.com
8 Cloud Billing Market Analysis, By Application • 9 Cloud Billing Market Analysis, By Provider • 10 Cloud Billing Market Analysis, By Organization • 11 Cloud Billing Market Analysis, By Industry Vertical • 12 Geographic Analysis • 13 Competitive Landscape • 14 Company Profiles • 15 Appendix www.bharatbook.com
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