The Asia Pacific Cloud Billing Market would witness market growth of 16.0% CAGR during the forecast period (2022-2028).
Cloud billing software provides numerous advantages that span customer relationships, customer experience, leveraging disruptive technology, launching new offerings, scalability, availability & collaboration, multi-currency or multi-language support, reliability & data security, cost reduction, and business insights. Cloud billing software combines with existing business applications to offer a consistent brand experience for customers and a single source of truth.
By using this type of software, the staff gets instant entry to real-time account details from anywhere, allowing them to quickly address and identify billing problems as they happen. For instance, tailored messages could be automatically generated to notify clients regarding failed payments, expiring credit cards, or upcoming payment due dates, providing users with the notice they require and allowing them to immediately rectify possible revenue-affecting circumstances.
Furthermore, consumer portals provide exceptional advantages by giving consumers direct access to their usage data, amount due, payment history, etc. Further, the software also enables them to upgrade or downgrade services and easily make payments which gives them the power to assist themselves.
This region is developing rapidly in terms of how new technology is being used across numerous industries. The rapid rollout of 5G networks and the expansion of infrastructure in APAC, particularly in Japan, South Korea, Australia, Singapore, China, and India, offer tremendous opportunities for the use of the cloud-based services. Key market players are being encouraged to extend their operations in this region by a number of supporting government Programmes and policies, which will advance the region's economic growth. As a result of all these factors, the cloud billing market is predicted to expand in the APAC region.
The China market dominated the Asia Pacific Cloud Billing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $824.1 million by 2028.The Japan market is estimated to grow at a CAGR of 15.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 16.7% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Service Model, the market is segmented into SaaS, IaaS and PaaS. Based on Billing Type, the market is segmented into Usage Based, Subscription, One Time and Others. Based on Deployment Type, the market is segmented into Public, Private and Hybrid. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. Based on Vertical, the market is segmented into Telecom & IT, BFSI, Media & Entertainment, Education, Construction, Healthcare, Consumer Goods & Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cloud Billing Market is Projected to reach USD 10.1 Billion by 2028, at a CAGR of 15.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Aria Systems, Inc., Recurly, Inc., Zuora Inc., SAP SE, Oracle Corporation, Cerillion PLC, Salesforce.com, Inc., Zoho Corporation Pvt. Ltd., and CGI, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Service Model
By Billing Type
- Usage Based
- Subscription
- One Time
- Others
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Sized Enterprises
By Vertical
- Telecom & IT
- BFSI
- Media & Entertainment
- Education
- Construction
- Healthcare
- Consumer Goods & Retail
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Aria Systems, Inc.
- Recurly, Inc.
- Zuora Inc.
- SAP SE
- Oracle Corporation
- Cerillion PLC
- Salesforce.com, Inc.
- Zoho Corporation Pvt. Ltd.
- CGI, Inc.
TABLE 1 Asia Pacific Cloud Billing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Cloud Billing Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 11 Asia Pacific SaaS Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific SaaS Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific IaaS Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific IaaS Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific PaaS Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific PaaS Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Usage Based Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Usage Based Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Subscription Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Subscription Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific One Time Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific One Time Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Public Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Public Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Private Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Private Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Small & Medium Sized Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Small & Medium Sized Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Education Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Education Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Construction Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Construction Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 55 Asia Pacific Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 56 Asia Pacific Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 57 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 58 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 59 Asia Pacific Cloud Billing Market by Country, 2018 - 2021, USD Million
TABLE 60 Asia Pacific Cloud Billing Market by Country, 2022 - 2028, USD Million
TABLE 61 China Cloud Billing Market, 2018 - 2021, USD Million
TABLE 62 China Cloud Billing Market, 2022 - 2028, USD Million
TABLE 63 China Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 64 China Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 65 China Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 66 China Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 67 China Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 68 China Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 69 China Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 China Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 China Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 72 China Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 73 China Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 74 China Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Japan Cloud Billing Market, 2018 - 2021, USD Million
TABLE 76 Japan Cloud Billing Market, 2022 - 2028, USD Million
TABLE 77 Japan Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 78 Japan Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 79 Japan Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 80 Japan Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 81 Japan Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 82 Japan Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 83 Japan Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 84 Japan Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 85 Japan Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 86 Japan Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 87 Japan Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 88 Japan Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 89 India Cloud Billing Market, 2018 - 2021, USD Million
TABLE 90 India Cloud Billing Market, 2022 - 2028, USD Million
TABLE 91 India Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 92 India Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 93 India Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 94 India Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 95 India Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 96 India Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 97 India Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 98 India Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 99 India Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 100 India Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 101 India Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 102 India Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 103 South Korea Cloud Billing Market, 2018 - 2021, USD Million
TABLE 104 South Korea Cloud Billing Market, 2022 - 2028, USD Million
TABLE 105 South Korea Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 106 South Korea Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 107 South Korea Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 108 South Korea Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 109 South Korea Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 110 South Korea Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 111 South Korea Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 112 South Korea Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 113 South Korea Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 114 South Korea Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 115 South Korea Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 116 South Korea Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 117 Singapore Cloud Billing Market, 2018 - 2021, USD Million
TABLE 118 Singapore Cloud Billing Market, 2022 - 2028, USD Million
TABLE 119 Singapore Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 120 Singapore Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 121 Singapore Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 122 Singapore Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 123 Singapore Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 124 Singapore Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 125 Singapore Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 126 Singapore Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 127 Singapore Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 128 Singapore Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 129 Singapore Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 130 Singapore Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 131 Malaysia Cloud Billing Market, 2018 - 2021, USD Million
TABLE 132 Malaysia Cloud Billing Market, 2022 - 2028, USD Million
TABLE 133 Malaysia Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 134 Malaysia Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 135 Malaysia Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 136 Malaysia Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 137 Malaysia Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 138 Malaysia Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 139 Malaysia Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 140 Malaysia Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 141 Malaysia Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 142 Malaysia Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 143 Malaysia Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 144 Malaysia Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 145 Rest of Asia Pacific Cloud Billing Market, 2018 - 2021, USD Million
TABLE 146 Rest of Asia Pacific Cloud Billing Market, 2022 - 2028, USD Million
TABLE 147 Rest of Asia Pacific Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 148 Rest of Asia Pacific Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 149 Rest of Asia Pacific Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 150 Rest of Asia Pacific Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 151 Rest of Asia Pacific Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 152 Rest of Asia Pacific Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 153 Rest of Asia Pacific Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 154 Rest of Asia Pacific Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 155 Rest of Asia Pacific Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 156 Rest of Asia Pacific Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 157 Rest of Asia Pacific Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 158 Rest of Asia Pacific Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 159 Key Information – Oracle Corporation
TABLE 160 Key Information – SAP SE
TABLE 161 Key Information – Amazon Web Services, Inc.
TABLE 162 Key Information – CGI, Inc.
TABLE 163 Key Information –Salesforce.com, Inc.
TABLE 164 Key Information – Cerillion PLC
TABLE 165 Key Information – Zuora Inc.
TABLE 166 Key Information – Aria Systems, Inc.
TABLE 167 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 168 Key Information – Recurly, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT analysis: Oracle Corporation
FIG 3 SWOT Analysis: SAP SE
FIG 4 SWOT analysis: Amazon.com, Inc.
FIG 5 SWOT Analysis: CGI, Inc.
FIG 6 SWOT Analysis: Salesforce.com Inc.