Utility Billing Software Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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Utility Billing Software Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The global utility billing software market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Utility Billing Software Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Utility Billing Software Market Research
and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Utility Billing Software Market Global
    Industry Trends, Share, Size, Growth, Opportunity
    and Forecast 2023-2028," the global utility
    billing software market size reached US 5.1
    Billion in 2022.
  • Utility billing software (USB) refers to
    effective billing solutions specially designed to
    track and invoice utility services such as
    electricity, sanitation, wastewater, gas, and
    water. It processes day-to-day meter-to-cash
    operations, records customer data, conducts
    billing of utility services, resolves user
    inquiries, manages accounts, posts cash,
    generates bills, integrates finances, examines
    delinquent accounts, and minimizes the risk of
    fraudulent activities.
  • In addition, it enhances accuracy, improves
    customer support experience, conserves utilities,
    accepts meter readings, calculates, generates
    invoices for utility usage, manages account
    receivables, and tracks service requests. As a
    result, utility billing software is widely
    adopted in oil and gas, power distribution,
    water, and telecommunication sectors across the
    globe.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/utility-billing-softwar
    e-market/requestsample

4
Report Description
  • Global Utility Billing Software Market Trends
  • The market is primarily driven by the rising
    adoption of smart grid technology in the
    electrical power supply industry. Smart grid
    technology and smart meters are used for
    efficient electricity transmission, restoring
    power after disturbances, and minimizing utility
    power costs. In addition, the sudden outbreak of
    the coronavirus disease (COVID-19) pandemic and
    the continuous mandatory lockdown shifted the
    conventionally used bill-paying method toward
    online bill-paying applications, thus
    contributing to the market growth.
  • Moreover, the growing improvements in legacy
    billing systems, such as the incorporation of the
    internet of things (IoT) and cloud computing
    solutions to meet the evolving dynamics of the
    utility sector, represent another major
    growth-inducing factor. Besides this, the
    increasing use of tablets, laptops, desktops, and
    smartphones to support digital payments and
    rising accessibility to high-speed internet
    connection are providing a positive thrust to the
    market growth. Furthermore, strategic
    collaborations between companies and mergers and
    acquisitions (MA) between key players are also
    creating a favorable market outlook.
  • Looking forward, IMARC Group expects the market
    value to reach US 8.4 Billion by 2028,
    exhibiting a CAGR of 8.3 during the forecast
    period (2023-2028).
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/utility-billing-softwar
    e-market

5
Report Segmentation
  • Breakup by Deployment Mode
  • On-premises
  • Cloud-based
  •  
  • Breakup by Type
  • Platform as a Service
  • Infrastructure as a Service
  • Software as a Service
  • Breakup by End User
  • Water
  • Power Distribution
  • Oil and Gas
  • Telecommunication
  • Others

6
Report Segmentation
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Continental Utility Solutions Inc.,
  • ePsolutions Inc.
  • Exceleron Software
  • Harris Computer (Constellation Software Inc.)
  • Jayhawk Software Inc.
  • Jendev Corporation
  • Methodia Group
  • Oracle Corporation
  • Sigma Software Solutions Inc.
  • SkyBill SIA
  • Utilibill Pvt. Ltd.

8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Utility Billing
    Software Market    5.1    Market Overview   
    5.2    Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Deployment Mode
  • 6.1 On-premises
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Cloud-based
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 7 Market Breakup by Type
  • 7.1 Platform as a Service
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast       

10
Table of Contents
  • 7.2 Infrastructure as a Service
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Software as a Service
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 8 Market Breakup by End User
  • 8.1 Water
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
  • 8.2 Power Distribution
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
  • 8.3 Oil and Gas
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
  • 8.4 Telecommunication
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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