Cloud Billing Market projected to reach worth $6.5 billion by 2025, with a remarkable CAGR of 16.6%>
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According to a new market research report âCloud Billing Market by Component (Solutions, Services), Billing Type (Subscription, Usage-Based, One-Time, Others), Deployment Type, Service Model (IaaS, PaaS, SaaS), Organization Size, Vertical, and Region â Global Forecast to 2025â³, published by MarketsandMarkets, the market size is expected to grow from USD 3.0 billion in 2020 to USD 6.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The key factors that are expected to drive the growth of the market are the need for lower OPEX and CAPEX and increasing revenue leakages across industries.

The major players in the cloud billing market are Oracle (US), SAP (Germany), Salesforce (US), Zuora (US), Aria System (US), BillingPlatform (US), Recurly (US), Jamcracker (US), Cerillion (UK), CGI (Canada), ConnectWise (US), Zoho (India), AppDirect (US), CloudBilling (Netherlands), Chargebee (US), RecVue (US), Cloud Assert (US), CloudXchange.io (India), and Chargify (US).
Link: https://reportedtimes.com/cloud-billing-market-projected-to-reach-worth-6-5-billion-by-2025-with-a-remarkable-cagr-of-16-6/