Telecom Cloud Billing Market Report: Global Size, Share, Growth Analysis And Forecast 2033Posted by ramacharitbrc on May 15th, 2024 ![]() Overview and Scope Telecom cloud billing refers to cloud-based solutions and services that manage the billing and revenue management processes of telecommunications service providers (TSPs). It utilizes cloud technology to streamline and manage these operations. The telecom cloud billing market size has grown exponentially in recent years. It will grow from billion in 2023 to .2 billion in 2024 at a compound annual growth rate (CAGR) of 26.7%. The growth in the historic period can be attributed to increasing adoption of cloud-based billing, increasing penetration of smartphones, lower operational and administration costs, advancement and increase in the adoption of cloud-based technologies, increasing mobile penetration and the need for real-time billing.
https://www.thebusinessresearchcompany.com/report/telecom-cloud-billing-global-market-report The telecom cloud billing market covered in this report is segmented – 2) By Service: Professional, Managed 3) By Application: Revenue Management, Account Management, Customer Management, Traffic Management, Billing and Provisioning 4) By End User: Transportation, Government, Media And Entertainment, Healthcare, Banking, Financial Services and Insurance (BFSI), Retail https://www.thebusinessresearchcompany.com/sample.aspx?id=13941&type=smp The rising adoption of cloud computing is expected to propel the growth of the telecom cloud billing market going forward. Cloud computing is the delivery of computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the Internet to offer faster innovation, flexible resources, and economies of scale. Cloud computing provides telecom cloud billing with the ability to scale resources up or down as needed, allowing for flexibility in managing billing and provisioning demands, which is used by the telecom industry. For instance, according to 2022 State Of The Cloud report, a survey of 753 technical and business professionals, revealed that 89% of those that use the cloud use multi-cloud solutions for workloads and storage in 2022. Further, 2% use one private cloud solution, and 9% use one public cloud (up 1% from 2021). Therefore, the rising adoption of cloud computing is driving the growth of the telecom cloud billing market. Major companies operating in the telecom cloud billing market report are Verizon Communications Inc., Deutsche Telekom AG , AT&T Corporation, NTT Communications Corporation , Huawei Technologies Co. Ltd., Vodafone Group Plc, Oracle Corporation, SAP SE, Telefonaktiebolaget LM Ericsson, Salesforce Inc., BT Group plc, Tata Consultancy Services Limited, Infosys Limited, Lumen Technologies Inc., Telstra Corporation Ltd., DXC Technology Company , Wipro Ltd., CGI Inc., Computer Sciences Corporation , Tech Mahindra Ltd., Amdocs, Netcracker Technology Corp., AsiaInfo Technologies Limited, Redknee Inc., Optiva Inc., Cerillion Technologies Limited 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis ………. 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Like it? Share it!More by this author |