$7.3 Billion Subscription & Billing Management Global Market to 2026 – Featuring Aria Systems, SAP and Oracle Among Others

DUBLIN, July 5, 2021 /PRNewswire/ — The «Global Subscription & Billing Management Market (2021-2026) by Type, Solution, Deployment, Organization Size,…

DUBLIN, July 5, 2021 /PRNewswire/ — The «Global Subscription & Billing Management Market (2021-2026) by Type, Solution, Deployment, Organization Size, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis» report has been added to ResearchAndMarkets.com’s offering.

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The Global Subscription & Billing Management Market is estimated to be USD 7.3 Bn in 2021 and is expected to reach USD 14.2 Bn by 2026, growing at a CAGR of 14.2%.



Key factors such as an increasing number of customers preferring subscription-based models in different industries are promoting the growth of the Global Subscription & Billing Management market. Today, businesses face difficulties in identifying higher customer churn rates, i.e., tapping new customers vis-a-vis existing ones. The adoption of subscription & billing management solutions helps the enterprises offer benefits and further enhance the service delivery to their customers, making it more personalized, which can help retain the existing customers. This aids in reducing the subscriber churn rate, and therefore these solutions are being adopted by different enterprises for their billing and subscription requirements. This has aided the growth of the market.



The complexities involved in data synchronization with existing IT infrastructure and the costs involved in upgrading these solutions can be a deterrent to market growth.



Market Dynamics



Drivers

  • Rising Adoption of Subscription Business Models
  • Increasing Need for Upgrading Legacy Systems
  • Need for Reduction in Complex Monetization Models and Reducing Billing Errors
  • Increasing Demand for Improvising Customer Retention by Reducing Subscriber Churn rate

Restraints

  • Data Synchronization Complexities
  • Costs associated with up-gradation and deployment

Opportunities

  • Rising adoption to SaaS Business Models
  • Need for Paperless Billing & invoicing
  • Adoption of Machine Learning (ML) Technology to Further Optimize Subscription Billing Processes

Challenges

  • Cloud Data Security and Privacy Concerns
  • In-House Subscription Billing Practice
  • Lack of Consistent Recurring Payment Infrastructure

The Global Subscription & Billing Management Market is segmented further based on Type, Solution, Deployment, Organization Size, Industry Vertical, and Geography.



Global Subscription & Billing Management Market, By Type

  • Introduction
  • Software
  • Services
  • Consulting
  • Implementation
  • Support and Maintenance

Global Subscription & Billing Management Market, By Solution

  • Introduction
  • Subscription Order Management
  • Billing Mediation
  • Pricing & Quote Management
  • Financial Customer Care & Dispute Management
  • Others

Global Subscription & Billing Management Market, By Deployment

  • Introduction
  • Cloud
  • On-premises

Global Subscription & Billing Management Market, By Organization Size

  • Introduction
  • Small and Medium-sized Enterprises
  • Large enterprises

Global Subscription & Billing Management Market, By Industry vertical

  • Introduction
  • BFSI
  • Retail and E-Commerce
  • IT
  • Telecom
  • Media and Entertainment
  • Public Sector and Utilities
  • Transportation and Logistics
  • Others

Global Subscription & 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 a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.



Why buy this report?

  • The report offers a comprehensive evaluation of the Global Subscription & Billing Management Market.
  • The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also contains the competitive analysis using Competitive Quadrant, Infogence’s Proprietary competitive positioning tool.

Report Highlights:

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

Key Topics Covered:



1 Report Description



2 Research Methodology



3 Executive Summary



4 Market Overview

4.1 Introduction

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

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 & Billing Management Market, By Type

6.1 Introduction

6.2 Software

6.3 Services

6.3.1 Consulting

6.3.2 Implementation

6.3.3 Support and Maintenance



7 Global Subscription & Billing Management Market, By Solution

7.1 Introduction

7.2 Subscription Order Management

7.3 Billing Mediation

7.4 Pricing & Quote Management

7.5 Financial Customer Care & Dispute Management

7.6 Others



8 Global Subscription & Billing Management Market, By Deployment

8.1 Introduction

8.2 Cloud

8.3 On-premises



9 Global Subscription & Billing Management Market, By Organization Size

9.1 Introduction

9.2 Small and Medium-sized Enterprises

9.3 Large enterprises



10 Global Subscription & Billing Management Market, By Industry vertical

10.1 Introduction

10.2 BFSI

10.3 Retail and eCommerce

10.4 IT

10.5 Telecom

10.6 Media and Entertainment

10.7 Public Sector and Utilities

10.8 Transportation and Logistics

10.9 Others (Healthcare, education, and manufacturing)



11 Global Subscription & Billing Management Market, By Geography

11.1 Introduction

11.2 North America

11.2.1 US

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 UK

11.4.2 France

11.4.3 Germany

11.4.4 Italy

11.4.5 Spain

11.4.6 Rest 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, & Partnerships

12.3.3 New Product Launches & Enhancements

12.3.4 Investments & Fundings



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 Chargify LLC

13.9 Zoho Corporation

13.10 Vindicia Inc

13.11 Oracle Corporation

13.12 Netsuite, Inc.

13.13 Cerillion PLC

13.14 Computer Sciences Corporation

13.15 Avangate B.V.

13.16 Zuora

13.17 Gotransverse

13.18 Sage Intacct

13.19 Checkout

13.20 Cleverbridge

13.21 Recurl

13.22 Digital River

13.23 FastSpring

13.24 Juston

13.25 SaaSOptics

13.26 Fusebill



14 Appendix



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

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