The Latin America, Middle East and Africa Cloud Billing Market would witness market growth of 17.0% CAGR during the forecast period (2022-2028).
Cloud-based billing software expand over the customer-encountering feature of the company. It is instrumental in giving companies the intelligence required to improve internal procedures. Advanced billing solutions offer insights into the consumers’ experience by making reports and gathering usage data.
For example, this method could predict data usage to find out how the goods are being utilized. Then improve them to track revenue changes after product rollouts, provide statistical data on a new product’s success, better suit customer needs, and more. One of the most convincing reasons to switch to cloud billing is to decrease the effort and cost of on-site maintenance and installation.
Through cloud-based billing software, software upgrades, purchasing hardware to handle peak seasons, buying user licenses, etc., can be done with just some clicks. Another advantage of cloud billing is that businesses are no longer required to maintain hardware, staff technical experts, as well as risk of the system becoming obsolete. Mainly, cloud-based billing software allows businesses to eliminate high IT operating prices.
The government of Dubai is focusing on Emirate’s smart dynamic transformation in order to achieve its aim of Smart Dubai Plan. A high level of digitalization is being executed as a part of their scheme to protect the digital treasure of Dubai. Governments in nations like Israel and Brazil have raised their funding for advanced technologies such as cloud computing, 5G, big data, AI (artificial intelligence), ML (machine learning), and others, which is presumed to be the reason of the market growth. As one of the Middle East's most diverse and developed economies, the United Arab Emirates has a robust healthcare infrastructure. The UAE's government has prioritized developing the best healthcare infrastructure; consequently, the sector has grown and evolved remarkably throughout the last several years. This would result in regional market growth for the cloud billing market.
The Brazil market dominated the LAMEA Cloud Billing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $205.1 million by 2028.The Argentina market is experiencing a CAGR of 17.6% during (2022 - 2028). Additionally, The UAE market would display 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Cloud Billing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Cloud Billing Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 4 LAMEA Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 5 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 10 LAMEA Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 11 LAMEA SaaS Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA SaaS Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA IaaS Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA IaaS Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA PaaS Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA PaaS Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 18 LAMEA Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 19 LAMEA Usage Based Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Usage Based Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Subscription Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Subscription Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA One Time Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA One Time Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 28 LAMEA Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 29 LAMEA Public Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Public Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Private Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Private Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 36 LAMEA Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 37 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Small & Medium Sized Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Small & Medium Sized Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 42 LAMEA Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 43 LAMEA Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Education Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Education Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Construction Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Construction Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 55 LAMEA Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 56 LAMEA Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 57 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 58 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 59 LAMEA Cloud Billing Market by Country, 2018 - 2021, USD Million
TABLE 60 LAMEA Cloud Billing Market by Country, 2022 - 2028, USD Million
TABLE 61 Brazil Cloud Billing Market, 2018 - 2021, USD Million
TABLE 62 Brazil Cloud Billing Market, 2022 - 2028, USD Million
TABLE 63 Brazil Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 64 Brazil Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 65 Brazil Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 66 Brazil Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 67 Brazil Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 68 Brazil Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 69 Brazil Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 Brazil Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 Brazil Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 72 Brazil Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 73 Brazil Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 74 Brazil Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Argentina Cloud Billing Market, 2018 - 2021, USD Million
TABLE 76 Argentina Cloud Billing Market, 2022 - 2028, USD Million
TABLE 77 Argentina Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 78 Argentina Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 79 Argentina Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 80 Argentina Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 81 Argentina Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 82 Argentina Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 83 Argentina Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 84 Argentina Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 85 Argentina Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 86 Argentina Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 87 Argentina Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 88 Argentina Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 89 UAE Cloud Billing Market, 2018 - 2021, USD Million
TABLE 90 UAE Cloud Billing Market, 2022 - 2028, USD Million
TABLE 91 UAE Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 92 UAE Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 93 UAE Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 94 UAE Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 95 UAE Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 96 UAE Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 97 UAE Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 98 UAE Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 99 UAE Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 100 UAE Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 101 UAE Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 102 UAE Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 103 Saudi Arabia Cloud Billing Market, 2018 - 2021, USD Million
TABLE 104 Saudi Arabia Cloud Billing Market, 2022 - 2028, USD Million
TABLE 105 Saudi Arabia Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 106 Saudi Arabia Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 107 Saudi Arabia Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 108 Saudi Arabia Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 109 Saudi Arabia Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 110 Saudi Arabia Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 111 Saudi Arabia Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 112 Saudi Arabia Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 113 Saudi Arabia Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 114 Saudi Arabia Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 115 Saudi Arabia Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 116 Saudi Arabia Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 117 South Africa Cloud Billing Market, 2018 - 2021, USD Million
TABLE 118 South Africa Cloud Billing Market, 2022 - 2028, USD Million
TABLE 119 South Africa Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 120 South Africa Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 121 South Africa Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 122 South Africa Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 123 South Africa Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 124 South Africa Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 125 South Africa Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 126 South Africa Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 127 South Africa Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 128 South Africa Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 129 South Africa Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 130 South Africa Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 131 Nigeria Cloud Billing Market, 2018 - 2021, USD Million
TABLE 132 Nigeria Cloud Billing Market, 2022 - 2028, USD Million
TABLE 133 Nigeria Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 134 Nigeria Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 135 Nigeria Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 136 Nigeria Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 137 Nigeria Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 138 Nigeria Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 139 Nigeria Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 140 Nigeria Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 141 Nigeria Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 142 Nigeria Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 143 Nigeria Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 144 Nigeria Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 145 Rest of LAMEA Cloud Billing Market, 2018 - 2021, USD Million
TABLE 146 Rest of LAMEA Cloud Billing Market, 2022 - 2028, USD Million
TABLE 147 Rest of LAMEA Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 148 Rest of LAMEA Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 149 Rest of LAMEA Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 150 Rest of LAMEA Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 151 Rest of LAMEA Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 152 Rest of LAMEA Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 153 Rest of LAMEA Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 154 Rest of LAMEA Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 155 Rest of LAMEA Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 156 Rest of LAMEA Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 157 Rest of LAMEA Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 158 Rest of LAMEA 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.