Subscription & billing management market is expected to grow $7.8 billion by 2025
- 1. Subscription & Billing Management Market is expected to grow $7.8 billion by 2025
- 2. Scope of The Report By Vertical The research report categorizes the Subscription & Billing Management Market to forecast the revenues and analyse the trends in each of the following subsegments: • BFSI • Retail and eCommerce • IT • Telecom • Media and Entertainment • Public Sector and Utilities • Transportation and Logistics • Others And More… By Deployment Type • Cloud • On-premises By Component • Software • Services o Consulting o Implementation o Support and Maintenance
- 3. Key Segments The IT vertical is expected to hold the largest market size during the forecast period. This growth is attributed to the high transitions of traditional software and technology companies to a subscription-based model During the last two years, there is an increase in the adoption and transition from the traditional license-based model toward a subscription model. Major factors expected to drive the growth of the market include rising adoption of subscription business models, increasing demand for reducing subscriber churn and improving customer retention, growing need for adhering to compliances, and increasing need for upgrading legacy system. 1 2 3 4 5 Organizations with less than 1,000 employees are considered under the Small and Mediu m-sized Enterprises (SMEs). Companies without their own cloud services are partnering with other cloud service organizations to provide cloud-based subscription & billing mana gement software to the SMEs Subscription & billing management market size to grow from USD 4.0 billion in 2020 to USD 7.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period.
- 4. Market Growth Rate 2020 2025 Market Size of $4.0 billion Market Size of $7.8 billion14.0% CAGR
- 5. Key Vendors • Apttus (US) • Aria Systems (US) • BillingPlatform (US) • Chargebee (US) • Chargify (US) • And More Major Players View Report Here - https://www.marketsandmarkets.com/Market-Reports/ subscription-billing-management-market-199100709.html
- 6. Major Regions • North America • Europe • APAC • MEA • Latin America North America is expected to hold the largest market share. Asia Pacific (APAC) is expected to prov ide opportunities for debt collection soft ware providers and grow at the highest CAGR
- 7. • Where will all these developments take the industry in the long term? • What are the upcoming trends for the subscription & billing management market? • Which segment provides the most opportunities for growth? • Who are the leading vendors operating in this market? • What are the opportunities for new market entrants? Key Questions Addressed by the Report:
- 8. MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry In-depth analysis of patents profiles of key market players providing a competitive landscape Market data for segments such as technologies, services & applications across geographies High level analysis of major market segments and identification of opportunities
- 9. MarketsandMarkets’ Delivery Model Here's how we can help you... Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects Assess New Product Development from inception to launch Optimize investments in established brands and recommend new approaches in global territories Discover potential in new geographical markets and analyze how to successfully expand into them Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape
- 10. MarketsandMarkets’ Our Expertise - Compelling Business cases Market size Estimations - Company & Market Best Practices - Entry or Go-To-Market strategies - Market Dynamics, Positioning and Segmentations - Competitive Landscaping and Benchmarking - Opportunity Analysis - Economic Forecasting - Industry-specific Technology solutions - Roadmap Analysis
- 11. More than 97000 companies have approached us till date with their pain points around revenue growth. Adding 10 New Clients Everyday
- 13. Stay in touch sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101, Magarpatta SEZ, Hadapsar, Pune-411013, India +1-888-600-6441 Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report