Global Utility Billing Software Market Size Study & Forecast, by Type, By Deployment Type, By Industry Vertical, and Regional Analysis, 2023-2030

Description

List of Tables

Global Utility Billing Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Utility billing software is employed by utilities such as water, power distribution, telecommunication, oil & gas, and others to control the consumer billing procedure. It aids in the customer information, management of utility operations, and billing duties for sewer, water, electric, waste management, gas, and sub-metering firms. Utility billing systems are installed by organizations to improve productivity and profitability through the integration of service orders, meter maintenance history, scheduling, customer management, and billing procedures. The rising focus on improving legacy billing systems and IT infrastructure, growing awareness for energy conservation and demand management, rising inclination towards automated billing systems, and regulatory compliance are the most prominent factors propelling the market demand across the globe.

In addition, the growing focus in smart grid technology development is primarily attributed to the market growth during the estimated period. Smart grid technology encompasses a range of applications and systems; accordingly, utility billing software plays a crucial role in managing and processing the billing data generated by smart grid infrastructure. For instance, as per Statista, in 2018, the smart grid technology sector stood at USD 7.6 billion in North America and USD 5.6 billion in Asia Pacific. Also, the amount is projected to reach USD 16.8 billion in North America and USD 17.9 billion in Asia Pacific by 2023. Thereby, the growing advancements in smart grid technology is driven by the need for efficient data management, demand-side management capabilities, customer engagement, and regulatory compliance facilitated by utility billing software. Moreover, the growing adoption of smart metering infrastructure, as well as the integration of utility billing software with advanced technologies presents various lucrative opportunities over the forecast years. However, the lack of skilled professionals and rising concerns about data security are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Utility Billing Software Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the availability of highly developed utility infrastructure, regulatory compliance and customer service requirements, and increasing demand for efficient billing processes. Whereas, Asia Pacific is expected to grow with the highest CAGR over the forecast years. The rising focus on adopting the cloud for IT operations by various utility companies, rising investment in smart grid technology, and growing adoption of smart metering infrastructure are significantly propelling the market demand across the region.

Major market players included in this report are:

Harris Computer Systems

PayStand Inc.

Utilibill Pvt. Ltd.

ePsolutions Inc.

Jendev Corporation

Exceleron Softwares Inc.

Jayhawk Software Inc.

Banyon Data Systems Inc.

Sigma Software Solutions Inc.

Oracle Corporation

Recent Developments in the Market:

In October 2022, Exceleron Softwares Inc. declared that the company has enhanced the MyUsage solution in order to support amazon web services and tier -1 private cloud options that MyUsage hybrid cloud offerings provide customers with greater flexibility and scalability; this allows excelerons utility customers to select the hosting option that meets their security and back-office requirements.

Global Utility Billing Software Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Deployment Type, Industry Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Platform as a Service
Infrastructure as a Service
Software as a Service

By Deployment Type:

Cloud
On-premises

By Industry Vertical:

Water
Power Distribution
Telecommunication
Oil & Gas
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Utility Billing Software Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Utility Billing Software Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Utility Billing Software Market, by Deployment Type, 2020-2030 (USD Billion)
- 1.2.4. Utility Billing Software Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Utility Billing Software Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Utility Billing Software Market Dynamics

3.1. Utility Billing Software Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising focus on improving legacy billing systems and IT infrastructure
  - 3.1.1.2. Growing investment in smart grid technology
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of skilled professionals among end-user industries
  - 3.1.2.2. Rising concern for data security
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing adoption of smart metering infrastructure
  - 3.1.3.2. Integration of utility billing software with advanced technologies

Chapter 4. Global Utility Billing Software Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Utility Billing Software Market, by Type

5.1. Market Snapshot
5.2. Global Utility Billing Software Market by Type, Performance - Potential Analysis
5.3. Global Utility Billing Software Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Utility Billing Software Market, Sub Segment Analysis
- 5.4.1. Platform as a Service
- 5.4.2. Infrastructure as a Service
- 5.4.3. Software as a Service

Chapter 6. Global Utility Billing Software Market, by Deployment Type

6.1. Market Snapshot
6.2. Global Utility Billing Software Market by Deployment Type, Performance - Potential Analysis
6.3. Global Utility Billing Software Market Estimates & Forecasts by Deployment Type 2020-2030 (USD Billion)
6.4. Utility Billing Software Market, Sub Segment Analysis
- 6.4.1. Cloud
- 6.4.2. On-premises

Chapter 7. Utility Billing Software Market, by Industry Vertical

7.1. Market Snapshot
7.2. Global Utility Billing Software Market by Industry Vertical, Performance - Potential Analysis
7.3. Global Utility Billing Software Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
7.4. Utility Billing Software Market, Sub Segment Analysis
- 7.4.1. Water
- 7.4.2. Power Distribution
- 7.4.3. Telecommunication
- 7.4.4. Oil & Gas
- 7.4.5. Others

Chapter 8. Global Utility Billing Software Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Utility Billing Software Market, Regional Market Snapshot
8.4. North America Utility Billing Software Market
- 8.4.1. U.S. Utility Billing Software Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Deployment Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Utility Billing Software Market
8.5. Europe Utility Billing Software Market Snapshot
- 8.5.1. U.K. Utility Billing Software Market
- 8.5.2. Germany Utility Billing Software Market
- 8.5.3. France Utility Billing Software Market
- 8.5.4. Spain Utility Billing Software Market
- 8.5.5. Italy Utility Billing Software Market
- 8.5.6. Rest of Europe Utility Billing Software Market
8.6. Asia-Pacific Utility Billing Software Market Snapshot
- 8.6.1. China Utility Billing Software Market
- 8.6.2. India Utility Billing Software Market
- 8.6.3. Japan Utility Billing Software Market
- 8.6.4. Australia Utility Billing Software Market
- 8.6.5. South Korea Utility Billing Software Market
- 8.6.6. Rest of Asia Pacific Utility Billing Software Market
8.7. Latin America Utility Billing Software Market Snapshot
- 8.7.1. Brazil Utility Billing Software Market
- 8.7.2. Mexico Utility Billing Software Market
8.8. Middle East & Africa Utility Billing Software Market
- 8.8.1. Saudi Arabia Utility Billing Software Market
- 8.8.2. South Africa Utility Billing Software Market
- 8.8.3. Rest of Middle East & Africa Utility Billing Software Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Harris Computer Systems
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. PayStand Inc.
- 9.3.3. Utilibill Pvt. Ltd.
- 9.3.4. ePsolutions Inc.
- 9.3.5. Jendev Corporation
- 9.3.6. Exceleron Softwares Inc.
- 9.3.7. Jayhawk Software Inc.
- 9.3.8. Banyon Data Systems Inc.
- 9.3.9. Sigma Software Solutions Inc.
- 9.3.10. Oracle Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Utility Billing Software Market, report scope
TABLE 2. Global Utility Billing Software Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Utility Billing Software Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Utility Billing Software Market estimates & forecasts by Deployment Type 2020-2030 (USD Billion)
TABLE 5. Global Utility Billing Software Market estimates & forecasts by Industry Vertical 2020-2030 (USD Billion)
TABLE 6. Global Utility Billing Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Utility Billing Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Utility Billing Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Utility Billing Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Utility Billing Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Utility Billing Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Utility Billing Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Utility Billing Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Utility Billing Software Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Utility Billing Software Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Utility Billing Software Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Utility Billing Software Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Utility Billing Software Market
TABLE 71. List of primary sources, used in the study of global Utility Billing Software Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Utility Billing Software Market, research methodology
FIG 2. Global Utility Billing Software Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Utility Billing Software Market, key trends 2022
FIG 5. Global Utility Billing Software Market, growth prospects 2023-2030
FIG 6. Global Utility Billing Software Market, porters 5 force model
FIG 7. Global Utility Billing Software Market, pest analysis
FIG 8. Global Utility Billing Software Market, value chain analysis
FIG 9. Global Utility Billing Software Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Utility Billing Software Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Utility Billing Software Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Utility Billing Software Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Utility Billing Software Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Utility Billing Software Market, regional snapshot 2020 & 2030
FIG 15. North America Utility Billing Software Market 2020 & 2030 (USD Billion)
FIG 16. Europe Utility Billing Software Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Utility Billing Software Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Utility Billing Software Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Utility Billing Software Market 2020 & 2030 (USD Billion)