The North America Cloud Billing Market would witness market growth of 14.4% CAGR during the forecast period (2022-2028).
Cloud billing software plays an essential role in maintaining and building profitable consumer relationships. Due to the most fragile parts of a trade relationship, the consumers must trust that they are receiving appropriate value for money spent and are being invoiced correctly. The trust could be irreversibly damaged when the billing procedure doesn’t go smoothly.
Cloud billing software developed for current complexities provides protection against possible setbacks. From flexible billing, pricing, and payment options to automation of recurring billing, the cloud-based billing platform allows support for any company’s model and repeatedly provides high-quality transactions.
The capability to efficiently and quickly roll out combinations of recurring, subscription, and usage-based payment models, is increasingly becoming important as technological development accelerates. For example, the IoT (Internet of Things) is now stimulated through 5G technology. In contrast to on-premise billing systems, cloud-based billing software allows the conversion and collection of a vast amount of raw data from various sources and, utilizes the data for diversified offerings, and turns utilization into revenue.
In addition, IT professionals are better equipped with cloud software which helps in meeting the demands of the various portfolio of projects and programs set by the government of Canada. By accepting cloud, the GC could bring balance into IT s demand & supply. Additionally, businesses across Canada and the US are utilizing hybrid telco cloud services to implement best-in-class artificial intelligence and data analytics accessible in the public cloud for better accomplishment. Thus, the rising adoption of cloud computing services and supportive government initiatives will increase the growth of the cloud billing market throughout the predicted period.
The US market dominated the North America Cloud Billing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,451.2 million by 2028.The Canada market is poised to grow at a CAGR of 17% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 15.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cloud Billing Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Billing Market, by Component
1.4.2 North America Cloud Billing Market, by Service Model
1.4.3 North America Cloud Billing Market, by Billing Type
1.4.4 North America Cloud Billing Market, by Deployment Type
1.4.5 North America Cloud Billing Market, by Enterprise Size
1.4.6 North America Cloud Billing Market, by Vertical
1.4.7 North America Cloud Billing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Cloud Billing Market
Chapter 4. North America Cloud Billing Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Cloud Billing Market by Service Model
5.1 North America SaaS Market by Country
5.2 North America IaaS Market by Country
5.3 North America PaaS Market by Country
Chapter 6. North America Cloud Billing Market by Billing Type
6.1 North America Usage Based Market by Country
6.2 North America Subscription Market by Country
6.3 North America One Time Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Cloud Billing Market by Deployment Type
7.1 North America Public Market by Country
7.2 North America Private Market by Country
7.3 North America Hybrid Market by Country
Chapter 8. North America Cloud Billing Market by Enterprise Size
8.1 North America Large Enterprises Market by Country
8.2 North America Small & Medium Sized Enterprises Market by Country
Chapter 9. North America Cloud Billing Market by Vertical
9.1 North America Telecom & IT Market by Country
9.2 North America BFSI Market by Country
9.3 North America Media & Entertainment Market by Country
9.4 North America Education Market by Country
9.5 North America Construction Market by Country
9.6 North America Healthcare Market by Country
9.7 North America Consumer Goods & Retail Market by Country
9.8 North America Others Market by Country
Chapter 10. North America Cloud Billing Market by Country
10.1 US Cloud Billing Market
10.1.1 US Cloud Billing Market by Component
10.1.2 US Cloud Billing Market by Service Model
10.1.3 US Cloud Billing Market by Billing Type
10.1.4 US Cloud Billing Market by Deployment Type
10.1.5 US Cloud Billing Market by Enterprise Size
10.1.6 US Cloud Billing Market by Vertical
10.2 Canada Cloud Billing Market
10.2.1 Canada Cloud Billing Market by Component
10.2.2 Canada Cloud Billing Market by Service Model
10.2.3 Canada Cloud Billing Market by Billing Type
10.2.4 Canada Cloud Billing Market by Deployment Type
10.2.5 Canada Cloud Billing Market by Enterprise Size
10.2.6 Canada Cloud Billing Market by Vertical
10.3 Mexico Cloud Billing Market
10.3.1 Mexico Cloud Billing Market by Component
10.3.2 Mexico Cloud Billing Market by Service Model
10.3.3 Mexico Cloud Billing Market by Billing Type
10.3.4 Mexico Cloud Billing Market by Deployment Type
10.3.5 Mexico Cloud Billing Market by Enterprise Size
10.3.6 Mexico Cloud Billing Market by Vertical
10.4 Rest of North America Cloud Billing Market
10.4.1 Rest of North America Cloud Billing Market by Component
10.4.2 Rest of North America Cloud Billing Market by Service Model
10.4.3 Rest of North America Cloud Billing Market by Billing Type
10.4.4 Rest of North America Cloud Billing Market by Deployment Type
10.4.5 Rest of North America Cloud Billing Market by Enterprise Size
10.4.6 Rest of North America Cloud Billing Market by Vertical
Chapter 11. Company Profiles
11.1 Oracle Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.6 SWOT Analysis
11.2 SAP SE
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.6 SWOT Analysis
11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental Analysis
11.3.4 SWOT Analysis
11.4 CGI, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Regional Analysis
11.4.4 Research & Development Expense
11.4.5 SWOT Analysis
11.5 Salesforce.com, Inc.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Product Launches and Product Expansions:
11.5.6 SWOT Analysis
11.6 Cerillion PLC
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expense
11.7 Zuora Inc.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Acquisition and Mergers:
11.8 Aria Systems, Inc.
11.8.1 Company Overview
11.8.2 Recent strategies and developments:
11.8.2.1 Partnerships, Collaborations, and Agreements:
11.9 Zoho Corporation Pvt. Ltd.
11.9.1 Company Overview
11.10. Recurly, Inc.
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Partnerships, Collaborations, and Agreements:
11.10.2.2 Acquisition and Mergers:
TABLE 1 North America Cloud Billing Market, 2018 - 2021, USD Million
TABLE 2 North America Cloud Billing Market, 2022 - 2028, USD Million
TABLE 3 North America Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 4 North America Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 5 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 10 North America Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 11 North America SaaS Market by Country, 2018 - 2021, USD Million
TABLE 12 North America SaaS Market by Country, 2022 - 2028, USD Million
TABLE 13 North America IaaS Market by Country, 2018 - 2021, USD Million
TABLE 14 North America IaaS Market by Country, 2022 - 2028, USD Million
TABLE 15 North America PaaS Market by Country, 2018 - 2021, USD Million
TABLE 16 North America PaaS Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 18 North America Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 19 North America Usage Based Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Usage Based Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Subscription Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Subscription Market by Country, 2022 - 2028, USD Million
TABLE 23 North America One Time Market by Country, 2018 - 2021, USD Million
TABLE 24 North America One Time Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 28 North America Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 29 North America Public Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Public Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Private Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Private Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 36 North America Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 37 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Small & Medium Sized Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Small & Medium Sized Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 42 North America Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 43 North America Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 45 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 46 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Education Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Education Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Construction Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Construction Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 55 North America Consumer Goods & Retail Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Consumer Goods & Retail Market by Country, 2022 - 2028, USD Million
TABLE 57 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 58 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 59 North America Cloud Billing Market by Country, 2018 - 2021, USD Million
TABLE 60 North America Cloud Billing Market by Country, 2022 - 2028, USD Million
TABLE 61 US Cloud Billing Market, 2018 - 2021, USD Million
TABLE 62 US Cloud Billing Market, 2022 - 2028, USD Million
TABLE 63 US Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 64 US Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 65 US Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 66 US Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 67 US Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 68 US Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 69 US Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 70 US Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 71 US Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 72 US Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 73 US Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 74 US Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Canada Cloud Billing Market, 2018 - 2021, USD Million
TABLE 76 Canada Cloud Billing Market, 2022 - 2028, USD Million
TABLE 77 Canada Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 78 Canada Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 79 Canada Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 80 Canada Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 81 Canada Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 82 Canada Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 83 Canada Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 84 Canada Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 85 Canada Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 86 Canada Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 87 Canada Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 88 Canada Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 89 Mexico Cloud Billing Market, 2018 - 2021, USD Million
TABLE 90 Mexico Cloud Billing Market, 2022 - 2028, USD Million
TABLE 91 Mexico Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 92 Mexico Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 93 Mexico Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 94 Mexico Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 95 Mexico Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 96 Mexico Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 97 Mexico Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 98 Mexico Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 99 Mexico Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 100 Mexico Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 101 Mexico Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 102 Mexico Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 103 Rest of North America Cloud Billing Market, 2018 - 2021, USD Million
TABLE 104 Rest of North America Cloud Billing Market, 2022 - 2028, USD Million
TABLE 105 Rest of North America Cloud Billing Market by Component, 2018 - 2021, USD Million
TABLE 106 Rest of North America Cloud Billing Market by Component, 2022 - 2028, USD Million
TABLE 107 Rest of North America Cloud Billing Market by Service Model, 2018 - 2021, USD Million
TABLE 108 Rest of North America Cloud Billing Market by Service Model, 2022 - 2028, USD Million
TABLE 109 Rest of North America Cloud Billing Market by Billing Type, 2018 - 2021, USD Million
TABLE 110 Rest of North America Cloud Billing Market by Billing Type, 2022 - 2028, USD Million
TABLE 111 Rest of North America Cloud Billing Market by Deployment Type, 2018 - 2021, USD Million
TABLE 112 Rest of North America Cloud Billing Market by Deployment Type, 2022 - 2028, USD Million
TABLE 113 Rest of North America Cloud Billing Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 114 Rest of North America Cloud Billing Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 115 Rest of North America Cloud Billing Market by Vertical, 2018 - 2021, USD Million
TABLE 116 Rest of North America Cloud Billing Market by Vertical, 2022 - 2028, USD Million
TABLE 117 Key Information – Oracle Corporation
TABLE 118 Key Information – SAP SE
TABLE 119 Key Information – Amazon Web Services, Inc.
TABLE 120 Key Information – CGI, Inc.
TABLE 121 Key Information –Salesforce.com, Inc.
TABLE 122 Key Information – Cerillion PLC
TABLE 123 Key Information – Zuora Inc.
TABLE 124 Key Information – Aria Systems, Inc.
TABLE 125 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 126 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.