Financial Services

Cloud Billing Market Size Forecast: Revenue and CAGR by 2029

November 13, 2025 by The Business Research Company

Unlock Global Insights – Save 20% on Market Reports with Code ONLINE20

What Market Value Is The Cloud Billing Industry Expected To Reach By 2029, Starting From 2025 Levels?

The cloud billing market has experienced significant expansion in recent years. Projections indicate it will increase from $8.66 billion in 2024 to $9.71 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 12.2%. This historical growth can be attributed to several factors, including the rising demand for subscription-based services, the necessity for scalability in expanding businesses, the requirement for effective and centralized billing solutions, the proliferation of digital transformation efforts, and the increasing focus on achieving cost optimization and operational efficiency within businesses.

The cloud billing market size is anticipated to undergo significant expansion in the coming years. It is projected to reach $20.15 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 20.0%. This growth during the forecast period is attributable to the increasing adoption of hybrid and multi-cloud environments, a rising focus on real-time billing and invoicing, the strong emphasis on compliance and security within cloud billing, a growing demand for sustainable and eco-friendly cloud billing solutions, and the increasing need for cloud billing solutions across the retail, healthcare, and telecommunications industries. Major trends foreseen in the forecast period include the integration of artificial intelligence in billing processes, the incorporation of blockchain for secure and transparent transactions, a demand for personalized and customizable billing experiences, the continuous evolution of pricing models, and increasing collaboration between cloud service providers and billing solution providers.

Unlock Your Free Sample Report for Exclusive Market Data:

https://www.thebusinessresearchcompany.com/sample.aspx?id=5185&type=smp

What Are The Drivers Pushing New Developments In The Cloud Billing Market?

The increasing demand for reduced capital and operational costs is anticipated to propel the expansion of the cloud billing market in the foreseeable future. The emergence of cloud technology transformed billing from a distinct administrative function into a vital part of the complete quote-to-cash process. Cloud billing enables businesses to achieve cost savings and simultaneously deliver superior customer support. For example, data from India Brand Equity Foundation in January 2024 indicates that the total public cloud services market in India is projected to hit US$ 17.8 billion by 2027. Consequently, the growing requirement for reduced capital and operating expenses significantly boosts the development of the cloud billing market.

What Are The Primary Types Of Segments Analyzed In The Cloud Billing Market?

The cloud billingmarket covered in this report is segmented –

1) By Type: Subscription Billing, Metered Billing, Cloud Service Billing, Provisioning, Other Types

2) By Deployment Type: Private Cloud, Public Cloud

3) By Organization Size: Large Enterprises, SMEs

4) By Application: Account Management, Revenue Management, Customer Management, Other Applications

5) By Vertical: BFSI, Telecommunications And ITES, Consumer Goods And Retail, Healthcare and life sciences, Other Verticals

Subsegments:

1) By Subscription Billing: Recurring Payments, Usage-Based Subscriptions, Tiered Subscription Plans

2) By Metered Billing: Pay-As-You-Go Models, Usage Tracking And Reporting, Tiered Usage Pricing

3) By Cloud Service Billing: Infrastructure As A Service (IaaS) Billing, Software As A Service (SaaS) Billing, Platform As A Service (PaaS) Billing

4) By Provisioning: Automated Provisioning Systems, Resource Allocation Management, Service Activation And Deactivation

5) By Other Types: Hybrid Billing Models, One-Time Payment Billing, Free Trial Billing

How Are Trends Influencing The Cloud Billing Market?

Technological advancements are profoundly impacting the cloud billing market. Major corporations operating in the cloud billing sector are dedicating efforts to developing technology-driven solutions for cloud billing to foster business acceleration. For instance, in May 2023, FinOps Foundation, a US-based organization focused on financial operations on the cloud, unveiled the FinOps Open Cost and Usage Specification (FOCUS). This technological endeavor aims to develop and sustain an open standard for how information regarding cloud usage, billing, and pricing is presented. FOCUS will encourage collaboration among primary cloud providers, FinOps tool developers, significant SaaS providers, and the most sophisticated FinOps organizations, many of whom face challenges in managing varied terminology, pricing, and billing concepts from disparate billing sources. Furthermore, it will deliver a single FinOps-serviceable format for cloud billing data, in contrast to the numerous FinOps tools and platforms currently in use, each employing its unique method for summarizing, normalizing, or reporting such data.

Who Are The Primary Competitors In The Global Cloud Billing Market?

Major companies operating in the cloud billing market include Aria System Inc., Amdocs Inc., Oracle Corporation, NEC Corporation, Jamcracker Inc., IBM Corporation, CGI Group Inc., SAP SE, Zuora Inc., BillingPlatform Corp., Recurly Inc., Cerillion plc, ConnectWise LLC, AppDirect Inc., Chargebee Inc., RecVue Inc., Chargify Inc., Salesforce. com Inc., Orbitera Inc., Amazon Web Services Inc., ChargeOver Inc., Fusebill Inc., Chargezoom LLC, Gotransverse Inc., SaaSOptics LLC, Cheddar Inc., PayStand Inc., Invoiced Inc., Zoho Corp., Paddle Ltd.

Download The Full Report For Exclusive Market Findings:

https://www.thebusinessresearchcompany.com/report/cloud-billing-global-market-report

Which Geographies Are Emerging As Strong Markets For The Cloud Billing Industry?

North America was the largest region in the cloud billing market in 2024.Asia-Pacific is expected to be the fastest region in the forecast period. The regions covered in the cloud billing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Request A Customized Version Of The Cloud Billing Market Report:

https://www.thebusinessresearchcompany.com/customise?id=5185&type=smp

Browse Through More Reports Similar to the Global Cloud Billing Market 2025, By The Business Research Company

Cloud Services Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/cloud-services-global-market-report

Cloud Orchestration Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/cloud-orchestration-global-market-report

Cloud Advertising Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/cloud-advertising-global-market-report

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795