Cloud Billing Market Report 2026

The cloud billing market size has grown rapidly in recent years. It will grow from $9.71 billion in 2025 to $11.63 billion in 2026 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to rising digital service adoption, increasing need for automated billing platforms, expansion of subscription based business models, growing enterprise digital transformation, rising reliance on cloud infrastructure.

The cloud billing market size is expected to see exponential growth in the next few years. It will grow to $24.35 billion in 2030 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to increasing demand for scalable billing architectures, rising shift toward real time revenue management, growing need for advanced billing analytics, expansion of multi platform billing integration, strengthening enterprise billing modernization initiatives. Major trends in the forecast period include growing shift toward flexible cloud based billing models, rising preference for usage based and subscription pricing, increasing adoption of automated revenue management platforms, expansion of scalable billing infrastructure solutions, strengthening demand for efficient customer billing management.

The expanding adoption of subscription-based business models is playing a significant role in driving the growth of the cloud billing market in the coming years. A subscription-based business model involves offering products or services in exchange for recurring monthly or annual subscription fees. This model requires efficient, scalable, and rapid billing processes, which are effectively enabled through cloud billing solutions. For example, in October 2023, according to data released by Veza Digital, a Canada-based provider supporting software-as-a-service (SaaS) subscription business models, revenues from subscription-based business models are expected to increase from $22.7 billion in 2023 to $66 billion by 2027. Consequently, the rising adoption of subscription-based business models is fueling the growth of the cloud billing market.

Advancements in technology are shaping the cloud billing market. Major companies operating in the cloud billing sector are focused on developing technological solutions for cloud billing to accelerate business growth. For instance, in May 2023, FinOps Foundation a US-based provider of financial operations on cloud launched FinOps Open Cost and Usage Specification (FOCUS) a technological initiative to develop and maintain an open specification for how cloud usage, billing, and pricing information is shown. FOCUS will facilitate collaboration among key cloud providers, FinOps tool manufacturers, significant SaaS providers, and the most sophisticated FinOps organisations, many of whom struggle to manage heterogeneous terminology, pricing, and billing ideas across billing sources. It would also provide a single FinOps-serviceable format for cloud billing data, as opposed to the various FinOps tools and platforms currently in use, each with its own method of summarising, normalising, or reporting such data.

In February 2025, Silver Lake Technology Management LLC, a US-based private equity firm, along with GIC Pte. Ltd., a Singapore-based sovereign wealth fund, acquired Zuora for approximately $1.7 billion. Through this acquisition, Silver Lake and GIC aimed to strengthen their technology investment portfolio and support Zuora’s continued growth and innovation within the subscription economy. Zuora Inc. is a US-based enterprise software company that specializes in cloud-based billing, subscription management, and monetization solutions for businesses.

Major companies operating in the cloud billing market report are 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.

North America was the largest region in the cloud billing market in 2025.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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud billing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cloud billing market includes revenues earned by entities by providing services such as On-Premise infrastructure, public cloud, virtual private cloud (VPC), hybrid cloud, multi-cloud. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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