Research Report Cloud Storage Market Projected to Reach USD 22.32

Title: Cloud Storage Market Projected to Reach USD 22.32 billion by 2025
The
Global Telecom Cloud Billing Market was valued at USD 2.56 billion in 2016 and is projected to
reach USD 22.32 billion by 2025, growing at a CAGR of 27.2% from 2017 to 2025.
Telecommunications billing is the group of processes of communications service providers that are
responsible to collect consumption data, calculate charging and billing information, produce bills to
customers, process their payments and manage debt collection. Telecommunications cloud billing
provides several benefits including - high accuracy in billing, duplicate records checking, availability
of itemized bill, paperless bill generation, easy implemented of tariff charges.
Top Leading Companies are Oracle Corporation, Asiainfo Inc, CGI Group Inc, Cerillion PLC, Netcracker
Technology (NEC Corporation), Tech Mahindra Ltd, Computer Sciences Corporation, Amdocs Inc,
Huawei Technologies, Ericsson, Redknee Solutions Inc.
These major players have adopted various organic as well as inorganic growth strategies such as
mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships,
and others to strengthen their position in this market.
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This report provides a detailed analysis of the Cloud Storage market with description of market sizing
and growth, segmentation of market by products & services and major markets, top market players
etc. The report recapitulates the factors that will be responsible for the growth in the market in the
forecasted period.