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(IT-NEWSWIRE.COM, September 15, 2018 ) According to Verified Market Intelligence, the global cloud billing market was valued at USD 6.1 billion in 2016 and is projected to reach USD 34.54 billion by 2025, growing at a CAGR of 25.90% from 2017 to 2025.
Cloud billing enables the organizations and enterprises using cloud services to generate billing transcripts for their on-going projects and helps in storing it. Cloud billing also maintains the records of previous projects and generates the invoice for it. Global cloud billing market can be segmented based on the type of provider, vertical and application
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Increasing demand for billing operations and maintaining its records online is rapidly accelerating the growth of the global cloud billing market. Apart from this, the time-consuming procedure of cloud billing from on-premises might hamper the growth of the global cloud billing market.
Competitive Landscape:
The major players in the market are as follows:
Computer Sciences Corporation
AWS
IBM
NEC Corporation
Amdocs Inc.
Oracle Corporation
CGI Group Inc.
Zuora, Inc.
Aria Systems, Inc.
Acronis International GmbH
Key Innovators
SAP SE
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About Us:
Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information:
Verified Market Research
Contact Person: Ankush
Tel: +1650781 4080
Email us: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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