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[164 Pages Report] Subscription and billing management market size, analysis, trends, & forecasts. The global market for subscription and billing management categorized by software, services, organization size, vertical & by region.
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Subscription & Billing Management Market is expected to grow $7.8 billion by 2025
Scope of The Report The research report categorizes the Subscription & Billing Management Market to forecast the revenues and analyse the trends in each of the following subsegments: • Cloud • On-premises • BFSI • Retail and eCommerce • IT • Telecom • Media and Entertainment • Public Sector and Utilities • Transportation and Logistics • Others • Software • Services • Consulting • Implementation • Support and Maintenance By Vertical By Deployment Type By Component And More…
Key Segments 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. 1 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. 2 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 3 During the last two years, there is an increase in the adoption and transition from the traditional license-based model toward a subscription model. 4 Organizations with less than 1,000 employees are considered under the Small and Medium-sized Enterprises (SMEs). Companies without their own cloud services are partnering with other cloud service organizations to provide cloud-based subscription & billing management software to the SMEs 5
Market Growth Rate CAGR 2020 2025 Market Size of $4.0 billion Market Size of $7.8 billion 14.0%
Key Vendors Major Players • Apttus (US) • Aria Systems (US) • BillingPlatform (US) • Chargebee (US) • Chargify (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/subscription-billing-management-market-199100709.html
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 provide opportunities for debt collection software providers and grow at the highest CAGR
Key Questions Addressed by the Report: • 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?
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