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.
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.
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.
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
- Solution
- Services
By Service Model
- SaaS
- IaaS
- PaaS
By Billing Type
- Usage Based
- Subscription
- One Time
- Others
By Deployment Type
- Public
- Private
- Hybrid
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
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cloud Billing Market, by Component
1.4.2 Asia Pacific Cloud Billing Market, by Service Model
1.4.3 Asia Pacific Cloud Billing Market, by Billing Type
1.4.4 Asia Pacific Cloud Billing Market, by Deployment Type
1.4.5 Asia Pacific Cloud Billing Market, by Enterprise Size
1.4.6 Asia Pacific Cloud Billing Market, by Vertical
1.4.7 Asia Pacific 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. Asia Pacific Cloud Billing Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Cloud Billing Market by Service Model
5.1 Asia Pacific SaaS Market by Country
5.2 Asia Pacific IaaS Market by Country
5.3 Asia Pacific PaaS Market by Country
Chapter 6. Asia Pacific Cloud Billing Market by Billing Type
6.1 Asia Pacific Usage Based Market by Country
6.2 Asia Pacific Subscription Market by Country
6.3 Asia Pacific One Time Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Cloud Billing Market by Deployment Type
7.1 Asia Pacific Public Market by Country
7.2 Asia Pacific Private Market by Country
7.3 Asia Pacific Hybrid Market by Country
Chapter 8. Asia Pacific Cloud Billing Market by Enterprise Size
8.1 Asia Pacific Large Enterprises Market by Country
8.2 Asia Pacific Small & Medium Sized Enterprises Market by Country
Chapter 9. Asia Pacific Cloud Billing Market by Vertical
9.1 Asia Pacific Telecom & IT Market by Country
9.2 Asia Pacific BFSI Market by Country
9.3 Asia Pacific Media & Entertainment Market by Country
9.4 Asia Pacific Education Market by Country
9.5 Asia Pacific Construction Market by Country
9.6 Asia Pacific Healthcare Market by Country
9.7 Asia Pacific Consumer Goods & Retail Market by Country
9.8 Asia Pacific Others Market by Country
Chapter 10. Asia Pacific Cloud Billing Market by Country
10.1 China Cloud Billing Market
10.1.1 China Cloud Billing Market by Component
10.1.2 China Cloud Billing Market by Service Model
10.1.3 China Cloud Billing Market by Billing Type
10.1.4 China Cloud Billing Market by Deployment Type
10.1.5 China Cloud Billing Market by Enterprise Size
10.1.6 China Cloud Billing Market by Vertical
10.2 Japan Cloud Billing Market
10.2.1 Japan Cloud Billing Market by Component
10.2.2 Japan Cloud Billing Market by Service Model
10.2.3 Japan Cloud Billing Market by Billing Type
10.2.4 Japan Cloud Billing Market by Deployment Type
10.2.5 Japan Cloud Billing Market by Enterprise Size
10.2.6 Japan Cloud Billing Market by Vertical
10.3 India Cloud Billing Market
10.3.1 India Cloud Billing Market by Component
10.3.2 India Cloud Billing Market by Service Model
10.3.3 India Cloud Billing Market by Billing Type
10.3.4 India Cloud Billing Market by Deployment Type
10.3.5 India Cloud Billing Market by Enterprise Size
10.3.6 India Cloud Billing Market by Vertical
10.4 South Korea Cloud Billing Market
10.4.1 South Korea Cloud Billing Market by Component
10.4.2 South Korea Cloud Billing Market by Service Model
10.4.3 South Korea Cloud Billing Market by Billing Type
10.4.4 South Korea Cloud Billing Market by Deployment Type
10.4.5 South Korea Cloud Billing Market by Enterprise Size
10.4.6 South Korea Cloud Billing Market by Vertical
10.5 Singapore Cloud Billing Market
10.5.1 Singapore Cloud Billing Market by Component
10.5.2 Singapore Cloud Billing Market by Service Model
10.5.3 Singapore Cloud Billing Market by Billing Type
10.5.4 Singapore Cloud Billing Market by Deployment Type
10.5.5 Singapore Cloud Billing Market by Enterprise Size
10.5.6 Singapore Cloud Billing Market by Vertical
10.6 Malaysia Cloud Billing Market
10.6.1 Malaysia Cloud Billing Market by Component
10.6.2 Malaysia Cloud Billing Market by Service Model
10.6.3 Malaysia Cloud Billing Market by Billing Type
10.6.4 Malaysia Cloud Billing Market by Deployment Type
10.6.5 Malaysia Cloud Billing Market by Enterprise Size
10.6.6 Malaysia Cloud Billing Market by Vertical
10.7 Rest of Asia Pacific Cloud Billing Market
10.7.1 Rest of Asia Pacific Cloud Billing Market by Component
10.7.2 Rest of Asia Pacific Cloud Billing Market by Service Model
10.7.3 Rest of Asia Pacific Cloud Billing Market by Billing Type
10.7.4 Rest of Asia Pacific Cloud Billing Market by Deployment Type
10.7.5 Rest of Asia Pacific Cloud Billing Market by Enterprise Size
10.7.6 Rest of Asia Pacific 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:
Companies Mentioned
- 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.
Methodology
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