The Cloud Billing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cloud Billing Market?
The market size of the cloud billing industry has experienced significant expansion recently. The market value is projected to increase from $8.66 billion in 2024 to $9.79 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 13.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cloud Billing Industry?
The Cloud Billing Global Market Report 2024 projects that the market size will reach $20.59 billion in 2029, growing at a compound annual growth rate (CAGR) of 20.4%.
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What are the Key Growth Drivers Fueling the Cloud Billing Market?
The key drivers in the cloud billing market are:
• Growing adoption of hybrid and multi-cloud environments
• Increasing focus on real-time billing and invoicing
• Emphasis on compliance and security in cloud billing
• Growing demand for sustainable and eco-friendly cloud billing solutions
Global Market Segmentation: Identifying Major Cloud Billing Industry Segments
The cloud billing market covered in this report is segmented –
1) By Type: Subscription Billing, Metered Billing, Cloud Service Billing, Provisioning, Other Types
2) By Deployment Type: Private Cloud, Public Cloud
3) By Organization Size: Large Enterprises, SMEs
4) By Application: Account Management, Revenue Management, Customer Management, Other Applications
5) By Vertical: BFSI, Telecommunications And ITES, Consumer Goods And Retail, Healthcare and life sciences, Other Verticals
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What are the Emerging Trends Shaping the Future of the Cloud Billing Market?
The key trends in the garage and overhead doors market are:
• The integration of artificial intelligence in billing processes is a notable emerging trend.
• The usage of blockchain for secure and transparent transactions is shaping the market's future.
• There is an increasing demand for personalized and customizable billing experiences.
• The continuous evolution of pricing models and the increasing collaboration between cloud service providers and billing solution providers are key trends.
Who Are the Top Competitors & Leading Players in the Cloud Billing Market?
Major companies in the cloud billing market are:
• Aria System Inc.
• Amdocs Inc.
• Oracle Corporation
• NEC Corporation
• Jamcracker Inc.
• IBM Corporation
• CGI Group Inc.
• SAP SE
• Zuora Inc.
• BillingPlatform Corp.
• Recurly Inc.
• Cerillion plc
• ConnectWise LLC
• AppDirect Inc.
• Chargebee Inc.
• RecVue Inc.
• Chargify Inc.
• Salesforce.com Inc.
• Orbitera Inc.
• Amazon Web Services Inc.
• ChargeOver Inc.
• Fusebill Inc.
• Chargezoom LLC
• Gotransverse Inc.
• SaaSOptics LLC
• Cheddar Inc.
• PayStand Inc.
• Invoiced Inc.
• Zoho Corp.
• Paddle Ltd.
Regional Dominance: Which Area Leads the Global Cloud Billing Market?
North America was the largest region in the cloud billing market in 2024
