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Cloud Billing Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

(PresseBox) (Magarpatta, Hadapsar, Pune, )
According to new market research report on"Cloud 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 - Global Forecast to 2025", published by MarketsandMarkets™, the Cloud Billing 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.

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