A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Consumer Billing Management Software – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 19644
Companies: 25 – Players covered include AMDOCS Ltd.; Athenahealth, Inc.; Carecloud Corporation; Cerillion Technologies Limited; Continental Utility Solutions, Inc. (CUSI); CSG Systems International, Inc.; Dataman Computer Systems Pvt. Ltd.; EnergyCAP, Inc.; Ericsson AB; FTS – Formula Telecom Solutions Ltd.; Gentrack; Harris ERP; Healthpac; Huawei Technologies Co., Ltd.; Logics Solutions, LLC; LogiSense Corp.; LogNet Systems; McKesson Corporation; National Information Solutions Cooperative, Inc.; Netcracker Inc.; Optiva, Inc.; Oracle Corporation; United Systems & Software, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Deployment (On-Premise, Cloud-Based); End-Use (Telecom, Pharmacy, Utilities)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America(Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Consumer Billing Management Software Market to Reach $24.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Consumer Billing Management Software estimated at US$17.1 Billion in the year 2020, is projected to reach a revised size of US$24.3 Billion by 2026, growing at a CAGR of 5.8% over the analysis period. On-Premise, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$18.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-Based segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5 Billion in 2021, While China is Forecast to Reach $5 Billion by 2026
The Consumer Billing Management Software market in the U.S. is estimated at US$5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2026 trailing a CAGR of 8.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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