Telecom Cloud Billing Market .pdf
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Telecom Cloud Billing analysis research and trends report
for 2017-2024: Global Market Insights Inc.
Statistics of Telecom Cloud Billing Market covering market size, industry share
numbers, regional outlook, competitive landscape with data about leading companies
is now available in the latest report by Global Market Insights, Inc.
Telecom Cloud Billing Market size is anticipated to witness several growth
opportunities over the forecast time span owing to the growing demand for bundled
billing solutions, low billing costs, and rise in mobile infiltration. The major share in the
industry is led by prepaid customers with over 80% of the GSM users utilizing the cloud
billing systems across the globe.
The rising focus of telecom providers to offer multiple & bundled services due to the
rising demand across the prepaid customer segment is further anticipated to drive the
telecom cloud billing market growth. Rising competition in the industry has encouraged
the operators to offer several Value-Added Services (VAS) such as prepaid, postpaid,
data, voice, Internet Protocol Television (IPTV), and Voice Over Internet Protocol
(VOIP) with various payment methods.
The growing demand for the upgrading of a large number of legacy telecom systems
formerly installed is offering ample growth opportunities for telecom cloud billing
market. Furthermore, operators are shifting toward online billing transactions for the
development of bills and expense receipts, which is anticipated to propel the industry
demand over the forecast time span. The rise in the usage of data services offered by
telecom providers has created a strong need for billing systems. Rising growth in
Operation Support Systems’ (OSS) and Business Support Systems’ (BSS) solutions,
is helping in supporting a large customer base for online billing transactions.
In the exceedingly competitive telecom industry, the quality of service and cost of
products are key factors for high business returns and customer retention. The
competition is also driving the industry players to embrace telecom billing software
thereby impacting telecom cloud billing market growth. Moreover, players are always
trying to seek ways for lowering administration and operational costs. Over the years,
advancements in cloud computing have helped the telecom industry in addressing the
service quality and cost-related issues, which were strengthened owing to the shift
toward IP-based mobile technology from landline telephones. With the growing
adoption of subscription-based billing models, the telecom industry is gradually
favoring cloud billing solutions for highly flexible, cost competitive, and reliable billing
operations. These factors are anticipated to provide an impetus to the telecom cloud
Telecom cloud billing market has excellent growth opportunities over the forecast
timeline; however, factors, such as the continued use of legacy systems and stringent
telecom regulations in well-established markets, are anticipated to hinder the growth.
The presence of countries such as China and India with their constantly changing
competitive & regulatory landscape and large subscriber base has increased the
demand for revenue and billing management solutions.
Telecom cloud billing market based on services can be segmented into customer
management, account management, and revenue management. The customer
management segment is anticipated to grow at a significant rate as the services are
allowing Cloud Service Providers (CSPs) to provide a steady client experience and
are managing the relationship with the clients, which is anticipated to provide several
By platform, telecom cloud billing market can be bifurcated into IaaS, PaaS, and SaaS.
The SaaS platform is anticipated to lead the industry share as the platform allows
service providers to speedily support new clients and also enable the congregating of
postpaid and prepaid billing systems into a single platform. SaaS platforms in the
telecom cloud billing market are an ideal way for offering new services to the telecom
market in an economical manner.
Asia Pacific telecom cloud billing market is anticipated to grow at a high rate over the
coming years owing to the burgeoning population in China and India, which is leading
to a vast customer base. Moreover, factors, such as demonetization, growing internet
usage among users, and economic developments in several countries, are
contributing to the regional growth. Increasing penetration of smart devices is
projected to drive telecom cloud billing market. In India, telecom operators provide
flexible rate plans and flexible services due to the growing competition.
Key players operating in telecom cloud billing market include Computer Science
Corporation, Amdocs, CGI Group, Aria Systems, Oracle Corporation, Redknee
Solutions, Inc., Netcracker Technology, Ericsson, Cerillion, Chargify, Cloudability,
Asia Info, Huawei Technologies, and Tech Mahindra.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy and
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