The telecom cloud billing market size is expected to grow from USD 2.49 billion in 2016 to USD 8.22 billion by 2021, at a CAGR of 27 percent from 2016 to 2021, predicts Markets and Markets. The telecom billing solutions include a wide array of activities ranging from the process of usage tracking for voice and data, aggregating, levying charges upon respective tariffs, generating invoices to the customers, enabling the customer relationship management through various cloud-based solutions on public, private, or hybrid cloud by the vendor (operations support systems/business support system (OSS/BSS) providers) for various mobile network operators (MNOs), all enabled by multi-tenancy.


 

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