The subscription & billing management refers to providing subscription and billing management software and services to individual companies used to manage the complete customer’s journey from price setup to signing up for a product or paid service. The subscription and billing administration aids in trial management, credit assignment, refunds, and mid-cycle subscription modifications for subscribers. The main types of payment of subscription & billing management are fixed and variable. Fixed payment subscription & billing management provides subscription & billing management software and services for a fixed subscription plan. A fixed subscription includes a fixed payment for a fixed period of services, usually 12 months. The components of subscription & billing management are software and services deployed in the cloud or on-premises of the organization. Small, medium, and large-scale enterprises in aerospace and defense, automotive and transportation, banking, financial services, and insurance, building, construction, and real estate, consumer goods and retail, education, energy, and utilities, government and the public sector, healthcare and life sciences, information technology, media, and entertainment, telecommunications, and travel and hospitality industries use subscription & billing management. The subscription & billing management market research report is one of a series of new reports from The Business Research Company that provides subscription & billing management market statistics, including subscription & billing management industry global market size, regional shares, competitors with a subscription & billing management market share, detailed subscription & billing management market segments, market trends and opportunities, and any further data you may need to thrive in the subscription & billing management industry. This subscription & billing management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global subscription & billing management market size grew from $5.79 billion in 2022 to $6.58 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The subscription & billing management market size is expected to grow to $11.15 billion in 2027 at a CAGR of 14.1%. The growing penetration of electronic media and devices is expected to drive the growth of the subscription & billing management market. Using electronic media and devices such as mobile devices and laptops by customers provides greater access to the use of products or services over the internet, which requires better management of subscription and billing of customers. Furthermore, Internet traffic has rocketed the numerous digital activities due to lockdowns and restrictions provoked by the COVID-19 pandemic. According to Gartner, a US-based consulting firm, in 2021, 125 million additional laptops and tablets are anticipated to be in use. Therefore, the increasing penetration of electronic media and devices will drive subscription and billing management. Advanced technologies and cloud platform implementations are a key trend is gaining popularity in the subscription & billing management market. Major companies operating in the subscription and billing management market are focused on providing technologically-advanced solutions to strengthen their market position. These companies are implementing next-generation subscription and billing technologies into their software and services, such as computing, big data, and analytics, machine learning, cybersecurity, backup, application development, DevOps, marketing automation, analytics management system, and others to help with hardware optimization, enhanced security while reducing the IT and other on-going expenses for the companies. For instance, in February 2022, TCS and MATRIXX Software partnered up to provide a comprehensive next-generation subscription management platform for CSPs with the cloud-native. This complete solution will assist Communication Service Providers (CSPs) in transforming their prepaid and postpaid businesses, improving customer experience, and driving growth. In November 2021, Visma, a Norway-based software company, acquired Upodi for an undisclosed amount. Through this acquisition, Visma will expand its subscription management software offering and continue optimizing its subscription-based business models to meet increasing demands in the market. Upodi is a Danish-based subscription management and recurring billing platform company. Major players in the subscription & billing management market are Zuora, Aria Systems, Gotransverse, BillingPlatform, Cleverbridge, Recurly, Digital River, Oracle NetSuite, FastSpring, Juston, Apttus, Vindicia, SaaSOptics, Fusebill, Zoho, Chargebee, Chargify, SAP, Salesforce, ActivePlatform, Conga, Logisense, Rebilly, VeryConnect, and Pabbly. North America was the largest region in the subscription & billing management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the subscription & billing management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the subscription & billing management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The subscription & billing management market includes revenues earned by entities by providing software and services that automate procedures like subscription creation, evaluation, and billing data preparation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global subscription and billing management market is segmented - 1) By Payment: Fixed, Variable 2) By Component: Software, Services 3) By Deployment Type: Cloud, On-Premises 4) By Organization Size: Small and Medium Enterprises (SMEs), Large Enterprises 5) By Industry: Aerospace and Defense, Automotive and Transportation, Banking, Financial Services and Insurance, Building, Construction and Real Estate, Consumer Goods and Retail, Education, Energy and Utilities, Government and Public Sector, Healthcare and Life Sciences, Information Technology, Media and Entertainment, Telecommunication, Travel and Hospitality

Mobile payments refer to that technology or software in which payments are made within the framework of financial regulation and performed by mobile phones with NFC capabilities. The various type of solutions provided are point-of-sale (PoS), in-store payments, and remote payments. A point-of-sale, or POS, is the place where the customer makes a retail payment for products or services. The different types of PoS solutions are near-field communication (NFC) payments, sound-wave based payments, magnetic secure transmission (MST) payments, and in-store payment solutions such as mobile wallets, quick response (QR) code payments. The various types of remote payments are internet payments, SMS payments, direct carrier billing, and mobile banking. The applications of mobile payment technologies are in retail and e-commerce, healthcare, BFSI, and enterprise. The mobile payment technologies market research report is one of a series of new reports from The Business Research Company that provides mobile payment technologies market statistics, including mobile payment technologies industry global market size, regional shares, competitors with a mobile payment technologies market share, detailed mobile payment technologies market segments, market trends and opportunities, and any further data you may need to thrive in the mobile payment technologies industry. This mobile payment technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global mobile payment technologies market size will grow from $86.91 billion in 2022 to $109.06 billion in 2023 at a compound annual growth rate (CAGR) of 25.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mobile payment technologies market size is expected to grow to $267.96 billion in 2027 at a CAGR of 25.2%. The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market. A cashless economy is the one in which financial transactions are not done with banknotes or physical currency but via digital modes of payment. In this regard, government across the world along with the central banks are taking several initiatives to move towards a cashless economy, which ultimately leads to the growth of the mobile payment technologies market. For instance, in August 2021, the Government of India launched a digital payment method e-RUPI, a cashless and contactless digital payment method. e-RUPI is essentially a digital voucher that a beneficiary receives by SMS or a QR code on his phone. It is a pre-paid coupon that can be used at any location that takes it. Security issues and threat of data breach is an important restraint on the mobile payment technologies market. This is mainly because lot of information and data is transferred in digital payments, which becomes a challenge for data security. There are multiple security issues like frauds & chargebacks, technical integration, malicious app clones, and mobile frauds that have an adverse impact on this market. For example, PayPal announced a security breach that put over 1.6 million customer's data at risk and as a compensation, the company had to offer free credit monitoring services for those who needed it. The integration of Internet of Things (IoT) with mobile payments is an emerging trend in the mobile payment technologies market. IoT is a system of interrelated computing devices, mechanical and digital machines, or people that can transfer data over a network without requiring any human-to-human or human-to-computer interaction. The integration of IoT in mobile payment technologies eases the payment experience of consumers and merchants, ensuring smooth and efficient payments on both ends. Due to increased convenience and safety provided by IoT-based mobile payments, many people are moving towards mobile payment technologies. For example, MasterCard integrated IoT for bringing payments to a wide range of consumer products for around 50 billion devices that are expected to be connected to the internet by 2020. The company is also planning to come up with the latest IoT-based devices to boost digital payments. The mobile payment technologies market is governed by the Payment Services Directives (PSD2) which regulates the payment service providers throughout the European Union (EU) and European Economic Area (EEA). This regulation primarily focuses on developing a more integrated payments market in Europe and encourages non-banks to participate in this industry to enhance competition. PSD2 also ensures safer and more secured payments to increase protection of the customers and their data. Hence, this regulation is expected to further drive the mobile payment technologies market by providing smooth and efficient payment experience for both customers and payment service providers. In March 2022, RAZORPAY, an India-based provider of full-stack financial solutions acquired IZealiant Technologies for an undisclosed amount. With the acquisition of IZealiant, RAZORPAY would be able to support banks with excellent technological infrastructure, enhancing the end-user payment experience. IZealiant Technologies is an India-based provider of software solutions to financial institutions. Major players in the mobile payment technologies market are PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc., First Data Corporation, American Express Co., Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc., WorldPay, Paytm, AT & TInc., Safaricom Limited, MTN Group, Econet Wireless Zimbabwe, Visa, BlueSnap, PayU, Bank of America, Amazon, Citrus Payment Solutions, Stripe, Six Payment services, Paysafe, Wirecard, Novatti, Vodafone Ltd., and Microsoft Corporation. The Asia-Pacific was the largest region in the mobile payment technologies market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global mobile payment technologies market report during the forecast period. The regions covered in the global Internet of Things (IoT) security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the mobile payment technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The mobile payment technologies market includes revenues earned by entities by technologies, which can be used as a method of payment that does not involve cash or cheques but allows consumers to make immediate payments using portable electronic devices such as smartphones or tablets. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global mobile payment technologies market is segmented - 1) By Solutions: Point-Of Sale (POS), In-Store Payments, and Remote Payments 2) By Application: Retail & E-Commerce, Healthcare, BFSI, Enterprise 3) By POS Solutions: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments, Magnetic Secure Transmission (MST) Payments 4) By In-Store Payments Solutions: Mobile Wallets, Quick Response (QR) Code Payments 5) By Remote Payments: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking

Revenue cycle management refers to the services used by healthcare providers to be financially viable and to continue providing their patients high-quality treatment through the process of locating, obtaining, and managing the practice's revenue from payers based on the services rendered. This helps providers prevent delayed or lost money. These are useful in tracking patient care episodes from registration to the final payment of a balance. The main types products in revenue cycle management are integrated, and standalone RCM. Standalone RCM refers to complete in itself. The different components include software and services that involve several functions such as claims and denial management, medical coding and billing, electronic health records (EHR), clinical documentation improvement (CDI), insurance, and other functions. The various deployment types include web-based, cloud-based, and on-premises. The various end-users involved are hospitals, general physicians, labs, and others. The revenue cycle management market research report is one of a series of new reports from The Business Research Company that provides revenue cycle management market statistics, including revenue cycle management industry global market size, regional shares, competitors with a revenue cycle management market share, detailed revenue cycle management market segments, market trends and opportunities, and any further data you may need to thrive in the revenue cycle management industry. This revenue cycle management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global revenue cycle management (rcm) market size grew from $102.95 billion in 2022 to $117.15 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The revenue cycle management (rcm) market size is expected to grow to $193.64 billion in 2027 at a CAGR of 13.4%. The increase in healthcare expenditures is expected to propel the growth of the revenue cycle management market going forward. Health expenditure will include all expenditures for the provision of health services, family planning activities, nutrition activities, and emergency aid that have been designated for health. Healthcare facilities are adopting advanced solutions such as revenue cycle management for managing the administrative and clinical functions due to the rise in healthcare expenditure. These solutions are associated with claims processing, payment, and revenue generation. For instance, according to the U.S. Centres for Medicare & Medicaid Services, a US-based federal agency, in 2020, U.S. health spending climbed by 9.7% to $4.1 trillion, or $12,530 per person. Compared to 2019, this growth rate is significantly larger by 4.3%. Therefore, the increasing healthcare expenditure is driving the growth of the revenue cycle management market. Technological advancements are a key trend gaining popularity in the revenue cycle management market. Major companies operating in the revenue cycle management market are focused on developing new technological solutions to strengthen their position. For instance, in June 2022, Olive, a US-based healthcare automation company launched its Autonomous Revenue Cycle (ARC) management suite of solutions that allows healthcare organizations to handle time-consuming administrative tasks using artificial intelligence in the revenue cycle and get paid quicker while reducing the uncompensated care risk. It integrates practice management systems and existing electronic health records. In August 2020, R1 RCM Inc., a US-based company operating in revenue cycle management, acquired Cerner’s revenue cycle business for an amount of $30 million. With this acquisition, R1 and RevWorks are expected to provide enhanced revenue cycle capabilities and expertise to the clients and new prospects, helping drive sustainable financial improvements for providers while improving their patients’ overall experience. Cerner is a US-based company operating in revenue cycle management. Major players in the revenue cycle management (RCM) market are The SSI Group LLC, Allscripts Healthcare Solutions Inc., Experian Health, R1 RCM Inc., McKesson Corporation, Athenahealth Inc., Epic Systems Corporation, Quest Diagnostics Inc., Cerner Corporation, Constellation Software, GE Healthcare, eClinicalWorks, NXGN Management LLC, CareCloud Corporation, AdvantEdge Healthcare Solutions, Huron Consulting Group, Optum Inc., 3M, Cognizant, GeBBS Healthcare Solutions, Infosys Limited, Oracle Corporation, Accenture plc, and Conifer Health Solutions LLC. North America was the largest region in the revenue cycle management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the revenue cycle management (RCM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the revenue cycle management (RCM) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The revenue cycle management market includes revenues earned by entities by providing utilization review, medical coding, denial management, referral verification. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global revenue cycle management RCM market is segmented - 1) By Product: Integrated, Standalone 2) By Component: Software, Services 3) By Function: Claims And Denial Management, Medical Coding and Billing, Electronic Health Record (EHR), Clinical Documentation Improvement (CDI), Insurance, Other Functions 4) By Deployment: Web-Based, Cloud-Based, On-Premises 5) By End User: Hospitals, General Physicians, Labs, Other End Users

Cloud billing refers to a combination of cloud computing and electronic billing. Many firms are broadening their horizons by implementing an on-premises billing infrastructure. Cloud billing is transforming the computer system, allowing for greater billing flexibility and easier data access. The main types of cloud billing are subscription billing, metered billing, cloud service billing, provisioning, and others. Subscription billing is a billing strategy that allows businesses to bill customers for a certain service or product on a set schedule. The different deployment types include private cloud, public cloud and are employed in large enterprises and SMEs. It is used in account management, revenue management, customer management, and others and is implemented in various verticals such as BFSI, telecommunications and ITES, consumer goods and retail, healthcare and life sciences, and others. The cloud billing market research report is one of a series of new reports from The Business Research Company that provides cloud billing market statistics, including cloud billing industry global market size, regional shares, competitors with a cloud billing market share, detailed cloud billing market segments, market trends and opportunities, and any further data you may need to thrive in the cloud billing industry. This cloud billing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global cloud billing market size grew from $7.01 billion in 2022 to $8.24 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud billing market size is expected to grow to $15.85 billion in 2027 at a CAGR of 17.8%. The rising need for lower capital and operating expenditure is expected to drive the growth of the cloud billing market in the coming years. With the advent of the cloud, billing transitioned from a separate back-office product to an essential component of the entire quote-to-cash procedure. Cloud billing allows businesses to save costs while also allowing them to give excellent customer service. For instance, according to a Flexera report published in 2021, 93% of companies are using some type of cloud-based system, and 73% preparing to optimize existing cloud usage for cost savings. Therefore, the rising need for lower capital and operating expenditure fuels the growth of the cloud billing market. Advancements in technology are shaping the cloud billing market. Major companies operating in the cloud billing sector are focused on developing technological solutions for cloud billing to accelerate business growth. For instance, in November 2020, Salesforce, an American cloud-based software company launched Revenue Cloud, based on multi-cloud billing technology to help companies to track revenue lifecycle. Revenue Cloud, which is part of Salesforce's Customer 360 platform, combines the firm's existing partner relationship management (PRM), CPQ and Billing, and B2B commerce solutions into a single solution. In February 2020, Salesforce, an American cloud-based software company that provides customer relationship management services acquired Vlocity Inc., for $1.3 billion. With its acquisition of Vlocity Inc., Salesforce is taking ownership of the industry cloud. Vlocity Inc., is a US-based software company that offers cloud billing solutions. Major players in the cloud billing market are Aria System Inc., Amdocs Inc., Oracle Corporation, NEC Corporation, Jamcracker, IBM Corporation, CGI Group Inc., SAP SE, Zuora Inc., BillingPlatform Corp., Recurly, Cerillion, ConnectWise, AppDirect, Chargebee, RecVue, Chargify, Salesforce, Orbitera Inc., and Amazon Web Service Inc., North America was the largest region in the cloud billing market in 2022. Asia-Pacific is expected to be the fastest region in the forecast period. The regions covered in the cloud billing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cloud billing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cloud billing market includes revenues earned by entities by providing services such as On-Premise infrastructure, public cloud, virtual private cloud (VPC), hybrid cloud, multi-cloud. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cloud billing market 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

The IoT telecom services refer to asset management and remote system monitoring, the most prominent IoT telecom application cases. Telecom firms link their different physical assets to the cloud and remotely monitor their operations, conduct firmware upgrades, investigate problems, and keep track of inventories. They are used to connect diverse physical assets to the cloud and remotely manage their operations. The main IoT telecom services types include business consulting services, device and application management services, installation and integration services, IoT billing and subscription management, and M2M billing management. Business consulting services involved in business planning, implementation, and others for IoT in telecom. The different IoT telecom services connectivity include cellular technologies, LPWAN, NB-IoT, and radio frequency-based. The IoT telecom services network management solutions include network performance monitoring and optimization, network traffic management, and network security management for applications in smart building and home automation, capillary networks management, industrial manufacturing and automation, energy and utilities, healthcare, and other applications. The IoT telecom services market research report is one of a series of new reports from The Business Research Company that provides IoT telecom services market statistics, including IoT telecom services industry global market size, regional shares, competitors with a IoT telecom services market share, detailed IoT telecom services market segments, market trends and opportunities, and any further data you may need to thrive in the IoT telecom services industry. This IoT telecom services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT telecom services market size grew from $13.61 billion in 2022 to $18.46 billion in 2023 at a compound annual growth rate (CAGR) of 35.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT telecom services market size is expected to grow to $62.44 billion in 2027 at a CAGR of 35.6%. The increase in adoption of 5G networks across the world will propel the IoT telecom services market during the forecast period. 5G is the 5th generation mobile network for higher speed and responsiveness of wireless networks. With increased 5G network speed, bandwidth, and lower latency, connected devices can communicate effectively, giving telecom companies quicker and better asset management and remote system monitoring options. According to a 2022 study conducted by Verizon, a US-based telecommunications company, and Incisiv, a US-based consumer industry insights company, the overall 5G adoption stands at about 13%, which is expected to triple by 2024. Therefore, increasing the adoption of 5G networks will drive the IoT telecom services market. Technological advancement is a key trend gaining popularity in the IoT telecom services market. Major market players are focusing on creating innovative technologies for strengthening their portfolios, such as integrated Internet of Things (IoT) solutions. For instance, in April 2021, Vi, an Indian telecom operator, announced its integrated Internet of Things (IoT) solutions for organizations to expand its IoT portfolio by offering solutions across industries for smart infrastructure, smart mobility, and smart utilities across its 5G-ready network. The new offering is a secure end-to-end IoT solution that includes connection, hardware, network, application, analytics, security, and support. In July 2022, Ericsson, a Sweden-based company engaged in networking and telecommunications, acquired Vonage for an undisclosed amount. With this acquisition, Ericsson strengthens its mobile network business. The deal allows Ericsson access to powerful building blocks to offer a full range of communications solutions, including Communications Platform as a Service (CPaaS), UCaaS, and CCaaS. Vonage is a US-based company engaged in cloud communications. Major players in the iot telecom services market are AT&T Intellectual Property, Verizon, Deutsche Telekom AG, Huawei Technologies Co, Aeris, China Mobile Limited, Entrust Datacard Corporation, HARMAN International, IBM, Modius Inc., Vodafone Group, Sprint Corporation, Swisscom AG, Singapore Telecommunication Limited, T-Mobile, Vodafone Group PLC, BT Group, CenturyLink, Nippon Telegraph & Telephone Corp, Panorama Software, SAP SE, Softbank Group Corp, Telefonica SA, Telstra, Sierra Wireless, PureSoftware, Sequans Communications, Orange, Telus and MediaTek. North America was the largest region in the IoT telecom services market in 2022. The regions covered in the IoT telecom services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT telecom services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The IoT telecom services market includes revenues earned by entities by providing services such as IoT connectivity services, data storage and management, asset monitoring, and PaaS and SaaS solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global iot telecom services market is segmented - 1) By Service Type: Business Consulting Services, Device And Application Management Services, Installation And Integration Services, IoT Billing And Subscription Management, M2M Billing Management 2) By Connectivity: Cellular Technologies, LPWAN, NB-IoT, Radio Frequency-Based 3) By Network Management Solution: Network Performance Monitoring And Optimization, Network Traffic Management, Network Security Management 4) By Application: Smart Building And Home Automation, Capillary Networks Management, Industrial Manufacturing And Automation, Energy And Utilities, Smart Healthcare, Other Applications

The telecom cloud refers to a software-defined, highly robust cloud architecture that enables telecommunications companies to launch services quickly, respond to changes in demand more rapidly, and centrally manage their resources more efficiently. The main types of telecom cloud include public cloud, private cloud, and hybrid cloud. The hybrid cloud refers to a computing, storage, and services system that combines on-premises infrastructure, private cloud services, and public cloud services. The computing services offers for these cloud services are Infrastructure as A Service (IaaS), Platform as A Service (PaaS), and Software as A Service (SaaS). SMEs, and large enterprises adopt the telecom cloud for various applications including data storage, achieving, computing, enterprise application, and others. The end-user sectors of the telecom cloud services are BFSI, retail, manufacturing, transportation and distribution, healthcare, government, media and entertainment, and others. The telecom cloud market research report is one of a series of new reports from The Business Research Company that provides telecom cloud market statistics, including Telecom cloud industry global market size, regional shares, competitors with a telecom cloud market share, detailed telecom cloud market segments, market trends and opportunities, and any further data you may need to thrive in the telecom cloud industry. This telecom cloud market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global telecom cloud market size grew from $34.63 billion in 2022 to $41.91 billion in 2023 at a compound annual growth rate (CAGR) of 21.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telecom cloud market size is expected to grow to $85.11 billion in 2027 at a CAGR of 19.4%. The increase in demand for work-from-home (WFH) mechanisms is a significant driving factor for the telecom cloud market. The COVID-19 pandemic has led to the adoption of work-from-home mechanism. Due to the lockdown, organizations had to close their offices for a long time, leading people to work from home. The telecom cloud makes it possible to deploy workers outside the traditional office environment. According to the Organisation for Economic Co-operation and Development, in 2020, 47% in Australia, France, and the UK worked from home during lockdowns. In Japan, where there was no countrywide lockdown, the work from home rate climbed from 10% to 28% between December 2019 and May 2020. Thus, increase in the adoption of work from home is expected to lead to an increase in demand for telecom cloud solutions and services. Technology innovations and advancements is a key trend gaining popularity in the telecom cloud market. Many companies operating in the telecom cloud are developing technologically advanced solutions with improved features. Artificial Intelligence-powered automation is one such advancement in this market. Leading communication service providers (CSP) are utilizing or intend to employ artificial intelligence (AI) to automate self-diagnostics and problem identification. For instance, in 2021, IBM, launched Cloud Pak for Network Automation, a telco cloud platform driven by AI that allows network operations automation, allowing CSPs to modernize their networks, transition to zero-touch operations, save OPEX, and provide services quicker. In May 2021, Google Cloud, a US-based computer application platform that allows to create, deploy, and scale apps, websites, and services on Google's infrastructure acquired MobiledgeX for an undisclosed amount. Through this acquisition, Google will assist telecom operators in building their own edge clouds and developers in adding value to telecommunication services. MobiledgeX is a US-based edge computing company. Major players in the telecom cloud market are AT&T Inc., BT Group PLC, Verizon Communications Inc., Vodafone Group PLC, China Telecommunications Corporation, Dell Technologies Inc., International Business Machines Corporation, Oracle Corporation, Google, Telefonica, Deutsche Telekom, Telstra Corporation Limited, SK Telecom Co Ltd., Saudi Telecom Company, Rogers Communications Inc., and T-Mobile International AG. North America was the largest region in the telecom market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in telecom cloud market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the telecom cloud market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The telecom cloud market includes revenues earned by entities providing engineering infrastructure sustainability talent cloud, infrastructure management services, intelligent engineering automation, intelligent process automation, knowledge process outsourcing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global telecom cloud market is segmented - 1) By Type: Public Cloud, Private Cloud, Hybrid Cloud 2) By Computing Service: Infrastructure As A Service (IaaS), Platform As A Service (PaaS), Software As A Service (SaaS) 3) By Organization Size: SMEs, Large Enterprise 4) By Application: Data Storage, Achieving, Computing, Enterprise Application, Other Applications 5) By End users: BFSI, Retail, Manufacturing, Transportation and Distribution, Healthcare, Government, Media and Entertainment, Other End Users

Telecom is the exchange of information by electronic and electrical means over a considerable distance. The main types of telecoms are wireless telecommunication carriers, wired telecommunication carriers, communications hardware, and satellite and telecommunication resellers. Wireless communication involves the transmission of information without the help of wires, cables or any other electrical conductors. The various products used include telecom hardware and telecom services for household and commercial applications. The telecom market research report is one of a series of new reports from The Business Research Company that provides telecom market statistics, including telecom industry global market size, regional shares, competitors with a telecom market share, detailed telecom market segments, market trends and opportunities, and any further data you may need to thrive in the telecom industry. This telecom market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global telecom market grew from $2868.37 billion in 2022 to $3041.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telecom market is expected to grow to $3818.42 billion in 2027 at a CAGR of 5.8%. IoT technology adoption by manufacturing and transportation services companies is driving the telecom market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. Smart Grid encompasses inter related technologies entering public use to manage electricity consumption. Thus, IoT technology adoption is expected to expand the demand for telecom services. The telecom industry involved in the provision of national networks across the world is increasingly targeted by hackers, exposing various security issues. The hackers’ main aim is to steal valuable information and use it in their own favor. Despite various measures taken by many national governments resorting to stricter regulatory norms for foreign hardware manufacturers, issues concerning national security continue to rise. The extreme cases of the surveillance include banning the Huawei Company by the USA, Australia, New Zealand, Canada and the UK governments to participate in the provision of 5G network hardware due to security concerns, which stemmed from the Chinese government's use of Huawei's products to spy on people around the world. Hence, these security issues leading to the ban of foreign manufacturers are expected to hinder the growth of the communications hardware in the forecast period, a major segment within the telecom market. Internet TV is gaining acceptance and being preferred by customers in developed and developing markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers. The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers. For example, in November 2021, fuboTV Inc., a sports-first live TV streaming platform, announced that it is acquiring France’s live TV streaming company, Molotov SAS. The acquisition aims at expanding its business globally and for launching its interactive sports and entertainment streaming platform on a global scale. Major companies in the telecom market include Apple, Verizon Communications, China Mobile, AT&T Inc., Deutsche Telekom AG, Huawei, Comcast Corporation, T-Mobile USA, Inc., China Telecom and Telefonica SA. Asia-Pacific was the largest region in the telecom market in 2022. North America was the second largest region accounting of the telecom market. The regions covered in the telecom market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the telecom market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The telecom market consists of revenues earned by entities by providing telecommunications services such as operating and maintaining the switching and transmission facilities to provide telecommunications services via airwaves and services for local and long-distance voice calling, sound and video transmission, cable TV, and internet services over fixed-line networks. The telecom market value includes the value of related goods sold by the service provider or included within the service offering. The telecom market also consists of sales of telephone apparatus, and broadcasting and wireless communications hardware. It includes sales of wired and wireless communication hardware equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global telecom market is segmented - 1) By Type: Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers 2) By Application: Household, Commercial 3) By Product: Telecom Hardware, Telecom Services Subsegments Covered: Cellular/Mobile Telephone Services, Wireless Internet Services, Broadband Internet Services, Fixed Telephony Services, Direct-To-Home(DTH) Services, General Communication Equipment, Broadcast Communications Equipment, Telecom Infrastructure Equipment, Satellite Telecommunications, Telecommunication Resellers, Other Satellite & Telecommunication Resellers

M-commerce payments refer to the use of mobile phones and tablets to complete transactions online for any purchase of online products or services. M-commerce payments are helpful as they provide convenience to the user and save time and effort and involve buying and selling goods and services online through smartphones and tablets. The main payment methods in the m-commerce market are near-field communication (NFC), premium SMS, wireless application protocol (WAP), and direct carrier billing. Near-field communication is a wireless technology that improves the functionality of smartphones, tablets, wearables, payment cards, and other devices across a short distance. Contactless payments are made possible via NFC technology, which is used in mobile wallets. The different m-Commerce modes of transactions include mobile retailing, mobile booking or ticketing, mobile banking, and mobile billing, which are used by end-use industries such as retail, hospitality and tourism, IT and telecommunication, BFSI, media and entertainment, healthcare, and airlines. The m-commerce payment market research report is one of a series of new reports from The Business Research Company that provides m-commerce payment market statistics, including m-commerce payment industry global market size, regional shares, competitors with a m-commerce payment market share, detailed m-commerce payment market segments, market trends and opportunities, and any further data you may need to thrive in the m-commerce payment industry. This m-commerce payment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global m-commerce payment market size grew from $7.26 billion in 2022 to $10.05 billion in 2023 at a compound annual growth rate (CAGR) of 38.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The m-commerce payment market size is expected to grow to $38.62 billion in 2027 at a CAGR of 40.0%. The increasing mobile and internet penetration is expected to propel the growth of the m-commerce payment market. M-commerce payment is the use of wireless handheld devices like mobile phones and tablets to conduct commercial transactions online, including the purchase and sale of products, online banking, and paying bills. The increasing internet access and penetration allow more people to access m-commerce services, driving the market. According to Data Reportal, a Singapore-based business intelligence company, as of October 2021, 4.88 billion people (almost 62%) in the world are using the internet. According to forecasts from Ericsson and The Radicati Group, the number of smartphone users is expected to increase from 6.05 billion in 2020 to nearly 7.33 billion by 2025. Therefore, increasing mobile and internet penetration is driving the growth of the m-commerce payment market. The use of digital wallets is a key trend gaining popularity in the m-commerce payment market. Digital wallets are a software-based system that securely stores users' payment information and passwords for numerous payment methods and websites. By using a digital wallet, users can complete purchases easily and quickly. According to RetailCustomerExperience, digital wallets are the most popular payment approach globally in 2020, with 21.5% of the payment transactions. For instance, in 2021, India-based mobility solutions company, Comviva, launched its next generation digital wallet and payment platform, mobiquity® Pay X. The new platform significantly strengthens security with robust authentication and authorization modules and powers over 70 digital wallets and payment services. In August 2021, Paysafe Limited, a UK-based specialized payment solutions company SafetyPay for a deal of $441 million. Through this acquisition, Paysafe Limited aims to strengthen its foothold in Latin America’s alternative payment solutions market. SafetyPay is a US-based online payment service provider. Major players in the m-commerce payment market are ACI Worldwide, Inc., Alphabet Inc., BHIM UPI, Fidelity National Information Services, Fiserv, Inc., Freecharge, Google Pay, Mastercard, MobiKwik, Orange S.A, PayPal Holdings, PayUMoney, Samsung, Square, Inc., Visa, Inc., Alipay, American Express, Apple Inc., China UnionPay, DH Corporation, Discover, Ingenico, Jack Henry & Associates Inc., and Tenpay. Asia-Pacific was the largest region in the m-commerce payment market in 2022. Asia-Pacific is expected to have the highest CAGR in m-commerce payment market. The regions covered in the m-commerce payment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the m-commerce payment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The m-commerce payments market includes revenues earned by entities by offering M-commerce payment solutions that can be used to provide users with transactions using mobile devices by enhancing the speed of transactions, secured payment methods, integrated loyalty programs, and convenient options for payment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global m commerce payment market is segmented - 1) By Payment Method: Near Field Communication, Premium SMS, Wireless Application Protocol, Direct Carrier Billing 2) By Mode of Transaction: Mobile Retailing, Mobile Booking or Ticketing, Mobile Banking, Mobile Billing 3) By End-use Industry: Retail, Hospitality And Tourism, IT And Telecommunication, BFSI, Media And Entertainment, Healthcare, Airline