Subscription & billing management market is expected to grow $7.8 billion by 2025
•Download as PPTX, PDF•
0 likes•51 views
The document summarizes the subscription and billing management market. It states that the market size is expected to grow from $4 billion in 2020 to $7.8 billion by 2025, representing a compound annual growth rate of 14%. The largest vertical is expected to be IT due to high adoption of subscription-based models by software companies. Key factors driving market growth include the rising adoption of subscription business models and need for reducing subscriber churn. The document also lists key vendors in the market and states that North America currently holds the largest market share but Asia Pacific is expected to grow the fastest.
1 of 13
1
2
3
4
5
6
7
8
9
10
11
12
13
More Related Content
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