Global subscription and billing management market of $ 7.3 billion to 2026


DUBLIN, July 5, 2021 / PRNewswire / – The report “Global Subscription and Billing Management Market (2021-2026) by Type, Solution, Deployment, Organization Size, Industry Vertical, Geography, Competitive Analysis and Impact of COVID-19 with Ansoff analysis ”has been added to ResearchAndMarkets.com offer.

The global subscription and billing management market is estimated at $ 7.3 billion in 2021 and should reach $ 14.2 billion by 2026, with a CAGR of 14.2%.

Key factors such as growing number of customers preferring subscription-based models across different industries are driving the growth of the global subscription and billing management market. Today, businesses struggle to identify higher churn rates, that is, to attract new customers compared to existing customers. Adopting subscription and billing management solutions helps businesses deliver benefits and further improve service delivery to their customers, making it more personalized, which can help retain existing customers. This helps to reduce the churn rate of subscribers and hence these solutions are adopted by different companies for their billing and subscription needs. This has contributed to the growth of the market.

The complexities involved in synchronizing data with existing IT infrastructure and the costs involved in upgrading these solutions can deter market growth.

Market dynamics

Conductors

  • Growing adoption of subscription business models
  • Growing need to upgrade existing systems
  • Need to reduce complex monetization models and reduce billing errors
  • Growing demand to improve customer loyalty by reducing subscriber churn rate

Constraints

  • Data synchronization complexities
  • Costs associated with upgrade and deployment

Opportunities

  • Growing adoption of SaaS business models
  • Need paperless invoicing and invoicing
  • Adoption of machine learning (ML) technology to further optimize subscription billing processes

Challenges

  • Cloud data security and privacy concerns
  • Internal subscription billing practice
  • Lack of consistent recurring payment infrastructure

The global subscription and billing management market is further segmented on the basis of type, solution, deployment, organization size, industry vertical, and geography.

Global Subscription and Billing Management Market, By Type

  • introduction
  • Software
  • Services
  • Consultant
  • Implementation
  • Assistance and maintenance

Global Subscription and Billing Management Market, By Solution

  • introduction
  • Management of subscription orders
  • Billing mediation
  • Price and quote management
  • Financial customer service and dispute management
  • Other

Global Subscription and Billing Management Market, By Deployment

  • introduction
  • Cloud
  • On the site

Global Subscription and Invoicing Management Market, By Organization Size

  • introduction
  • Small and medium enterprises
  • Large companies

Global Subscription and Billing Management Market, By Industry Vertical

  • introduction
  • BFSI
  • Retail and e-commerce
  • HE
  • Telecom
  • Media and entertainment
  • Public sector and public services
  • Transport and logistics
  • Other

Global Subscription and Billing Management Market, By Geography

  • introduction
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Rest of the world

Company Profiles

Some of the companies covered in this report are Zuora Inc., Oracle Corporation, SAP SE, NetSuite, Inc., Cleverbridge AG, Cerillion Technologies Limited, Avangate, Inc., Apttus Corporation, Aria Systems, Inc., Transverse, etc.

Competitive quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.

Why buy this report?

  • The report offers a comprehensive assessment of the global subscription and billing management market.
  • The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of well-known people in the industry.
  • The report includes in-depth market analysis using Porter’s 5 Force Model and Ansoff Matrix. The impact of Covid-19 on the market is also presented in the report.
  • The report also contains competitive analysis using Competitive Quadrant, Infogence’s proprietary competitive positioning tool.

Highlights of the report:

  • A comprehensive market analysis including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current and projected market size based on value and volume
  • Market shares and strategies of the main players
  • Recommendations for companies to strengthen their presence in the market

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive summary

4 Market overview
4.1 Presentation
4.2 Market dynamics
4.2.1 Drivers
4.2.2 Constraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Trends

5 Market analysis
5.1 Porter’s five forces analysis
5.2 Impact of COVID-19
5.3 Ansoff matrix analysis

6 Global Subscription and Billing Management Market, By Type
6.1 Presentation
6.2 Software
6.3 Services
6.3.1 Advice
6.3.2 Implementation
6.3.3 Assistance and maintenance

7 Global Subscription and Billing Management Market, By Solution
7.1 Presentation
7.2 Management of subscription orders
7.3 Billing mediation
7.4 Price and quote management
7.5 Financial customer service and dispute management
7.6 Others

8 Global Subscription and Billing Management Market, By Deployment
8.1 Presentation
8.2 Cloud
8.3 On site

9 Global Subscription and Invoicing Management Market, By Organization Size
9.1 Presentation
9.2 Small and medium-sized enterprises
9.3 Large companies

10 Global Subscription and Billing Management Market, By Industry Vertical
10.1 Presentation
10.2 BFSI
10.3 Retail and e-commerce
10.4 TI
10.5 Telecom
10.6 Media and entertainment
10.7 Public sector and utilities
10.8 Transport and logistics
10.9 Others (Health, education and manufacturing)

11 Global Subscription and Billing Management Market, By Geography
11.1 Presentation
11.2 North America
11.2.1 United States
11.2.2 Canada
11.2.3 Mexico
11.3 South America
11.3.1 Brazil
11.3.2 Argentina
11.4 Europe
11.4.1 United Kingdom
11.4.2 France
11.4.3 Germany
11.4.4 Italy
11.4.5 Spain
11.4.6 Remainder of Europe
11.5 Asia Pacific
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Indonesia
11.5.5 Malaysia
11.5.6 South Korea
11.5.7 Australia
11.5.8 Russia
11.5.9 Rest of APAC
11.6 Rest of the world
11.6.1 Qatar
11.6.2 Saudi Arabia
11.6.3 South Africa
11.6.4 United Arab Emirates
11.6.5 Latin America

12 Competitive landscape
12.1 Competitive quadrant
12.2 Market share analysis
12.3 Competitive scenario
12.3.1 Mergers & Acquisitions
12.3.2 Agreements, collaborations and partnerships
12.3.3 New product launches and improvements
12.3.4 Investments and financing

13 company profiles
13.1 Checkout.com Inc
13.2 Apttus Corporation
13.3 Aria Systems Inc
13.4 BillingPlatform LLC
13.5 Salesforce.com Inc
13.6 SAP SE
13.7 Chargebee Inc
13.8 Charge LLC
13.9 Zoho Corporation
13.10 Vindicia Inc
13.11 Oracle Company
13.12 NetSuite, Inc.
13.13 Cerillion PLC
13.14 Society of Computer Sciences
13.15 Avangate BV
13.16 Zuora
13.17 Gotransverse
13.18 Intact sage
13.19 Checkout
13.20 Cleverbridge
13.21 Repetition
13.22 Digital river
13.23 FastSpring
13.24
13.25 SaaSOptics
13.26 Rocket carrier

14 Annex

For more information on this report, visit https://www.researchandmarkets.com/r/5dv14g

Media contact:
Research and markets
Laura Wood, senior
[email protected]

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