Global Telecom Cloud Billing Market, By Type of Billing (Convergent, Prepaid, Postpaid, Interconnect, Roaming, Embedded, Others), Application (Revenue Management, Account Management, Customer Management, Traffic Management, Billing and Provisioning, Others), Cloud Platform (Business Continuity as a Service (BCaaS), Software as a Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure as a service (IaaS), Others), Deployment (Public, Private, Hybrid), Rate of Charging Mode (Subscription-Based, Usage-Based), Service (Professional, Managed), User Type (Individuals, Enterprises), End User (Transportation, Government, Media and Entertainment, Healthcare, BFSI, Retail, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The telecom cloud billing market is expected to witness market growth at a rate of 25.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on telecom cloud billing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the need for real-time billing is escalating the growth of telecom cloud billing market.
The telecom billing can be referred to as a number of activities varying from the procedure of the utilization tracking for voice and generating invoice to customers, data aggregation, enabling the customer relationship management through the various cloud based solution on private, levying charges upon respective tariffs, public and hybrid cloud by the vendors or different systems like the operations support systems or business support system (OSS/BSS) provider for several mobile network operators (MNOs).
Major factors that are expected to boost the growth of the telecom cloud billing market in the forecast period are the rise in the transparency of the leading cloud providers. Furthermore, the growing of the revenue leakages across the industries is further propelling the growth of the telecom cloud billing market. On the other hand, the rise in the cyberattacks and data theft activities and the fluctuating structure of the regulatory regulations is further estimated to impede the market growth in the timeline period.
In addition, the rise in the demand amongst the enterprises to leverage BI and insights for the advanced operations and the arrival of the real-time billing will further provide advantageous opportunities for the growth of the telecom cloud billing market in the coming years. However, the rise in the initial expenses of the installation, investment, and maintenance and the concerns regarding the privacy and security features might further challenge the growth of the telecom cloud billing market in the near future.
This telecom cloud billing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on telecom cloud billing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Telecom Cloud Billing Market Scope and Market Size
The telecom cloud billing market is segmented on the basis of type of billing, application, cloud platform, deployment, rate of charging mode, service, user type and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type of billing, the telecom cloud billing market is segmented into convergent, prepaid, postpaid, interconnect, roaming, embedded, and others.
- On the basis of application, the telecom cloud billing market is segmented into revenue management, account management, customer management, traffic management, billing and provisioning, and others.
- On the basis of cloud platform, the telecom cloud billing market is segmented into business continuity as a service (BCaaS), software as a service (SaaS), platform-as-a-service (PaaS), infrastructure as a service (IaaS), and others.
- On the basis of deployment, the telecom cloud billing market is segmented into public, private, and hybrid.
- On the basis of rate of charging mode, the telecom cloud billing market is segmented into subscription-based, and usage-based.
- On the basis of service, the telecom cloud billing market is segmented into professional, and managed.
- On the basis of user type, the telecom cloud billing market is segmented into individuals, and enterprises.
- On the basis of end user, the telecom cloud billing market is segmented into transportation, government, media and entertainment, healthcare, BFSI, retail, and other.
Telecom Cloud Billing Market Country Level Analysis
The telecom cloud billing market is analysed and market size, volume information is provided by country, type of billing, application, cloud platform, deployment, rate of charging mode, service, user type and end user as referenced above.
The countries covered in the telecom cloud billing market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the telecom cloud billing market due to the compulsory government guideline. Furthermore, the rise in the cloud based solutions and the increasing in the attention in the customer relationship management will further boost the growth of the telecom cloud billing market in the region during the forecast period. Asia-Pacific is projected t observe significant amount of growth in the telecom cloud billing market due to the growing of the population. Moreover, the rise in the demonetization, the increasing utilization of the internet amongst the users is further anticipated to propel the growth of the telecom cloud billing market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Telecom Cloud Billing Market Share Analysis
The telecom cloud billing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to telecom cloud billing market.
The major players covered in the telecom cloud billing market report are AMDOCS, Oracle, CGI Inc., Telefonaktiebolaget LM Ericsson, Netcracker, Cerillion Technologies Limited, AsiaInfo Technologies Limited, Optiva, Inc., Huawei Technologies Co., Ltd., Mahindra & Mahindra Ltd., DXC Technology Company, Vodafone Group, Verizon, NTT Communications Corporation, Deutsche Telekom AG, CenturyLink, BT, AT&T Intellectual Property, SAP, Salesforce.com Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.