The Business Research Company’s Utility Billing Software Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Utility Billing Software Global Market Report 2023 evaluates utility billing software market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global utility billing software market size is expected to grow from $4.51 billion in 2022 to $5.00 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global utility billing software market size is expected to grow to $7.40 billion in 2027 at a CAGR of 10.3%.

The utility billing software market segments in the report are:

By Type:
Platform as a Service
Infrastructure as a Service
Software as a Service

By Deployment Mode:
On-Premises
Cloud-Based

By End-User:
Water
Power Distribution
Oil and Gas
Telecommunication
Other End-Users

Top Major Players
SkyBill SIA
Banyon Data Systems Inc.
Oracle Corporation
Jendev
Cogsdale Corporation
Enghouse Networks

North America was the largest region in the utility billing software market in 2022.


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