Product Code: GVR-4-68039-976-0
Subscription Billing Management Market Growth & Trends:
The global subscription billing management market size is expected to reach USD 17.95 billion by 2030, registering a CAGR of 16.1% during the forecast period, according to a new report by Grand View Research, Inc. The growing adoption of the billing management and subscription models in utilities, media & entertainment, and the public sector will create more growth opportunities for the subscription billing management industry during the forecast period.
Service providers in these industries are focused on providing high-quality and better solutions to clients. Additionally, the desire to reduce operating expenses and the demand for cloud-based software would further broaden the scope of the market for subscription billing management.
Several subscription billing management service providers also provide periodic bill payments, which can be obtained by attaching the user's debit and credit cards or bank account. This ensures that greater importance is needed on adding a high level of security to each payment process to gain more trust from the customer and avoid financial ramifications in the event of hacking or fraud.
The subscription model is also gaining importance across the travel industry. Travel companies are shifting to this model to offer cheaper travel to frequent travelers and save their time at ticket counters. Major commercial airlines are making efforts to introduce subscription services to boost customer loyalty and retention. For instance, in October 2019, Delta airlines announced the launch of a paid membership option named SkyMiles Select for members of SkyMiles. SkyMiles Select is an annual membership worth USD 59, which provides travelers unlimited priority boarding, a special bag tag, and eight free onboard drinks every year.
The outbreak of the COVID-19 pandemic had a moderately positive impact on the demand for subscription billing management software. Companies worldwide are expected to adapt to new customer norms and new business models. They need to respond to long-term social changes, including how customers select products and channel preferences. Changes in customer behavior are expected to accelerate the need to integrate enhanced digital payment solutions into subscription billing management platforms.
Subscription Billing Management Market Report Highlights:
- Subscription order management held the largest share in the software segment, as it helps companies in winning new customers by providing subscriptions containing the appropriate mix of products, recurring and one-time services, and third-party content
- Professional services held the largest share in the services segment as they help businesses in installing the software, aligning the software with the existing systems, and operating the software efficiently
- The cloud segment is expected to continue its dominance over the forecast period, as cloud deployment can potentially make the subscription management process more efficient
- Various factors, such as the increasing adoption of cloud-based solutions across the U.S., have resulted in the increased automation of subscription methods in the North American regional market
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.3 Market Definition
- 1.4 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Subscription Billing Management Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
- 2.2 Global Subscription Billing Management Market, 2017 - 2030
- 2.2.1 Global subscription billing management market, by region, 2017 - 2030
- 2.2.2 Global subscription billing management market, by software, 2017 - 2030
- 2.2.3 Global subscription billing management market, by services, 2017 - 2030
- 2.2.4 Global subscription billing management market, by deployment, 2017 - 2030
- 2.2.5 Global subscription billing management market, by enterprise size, 2017 - 2030
- 2.2.6 Global subscription billing management market, by end-use, 2017 - 2030
Chapter 3 Subscription Billing Management Industry Outlook
- 3.1 Market Segmentation and Scope
- 3.2 Market Size and Growth Prospects
- 3.3 Subscription Billing Management Market - Value Chain Analysis
- 3.4 Subscription Billing Management Market - Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.1.1 Rising adoption of subscription business models
- 3.4.1.2 Increasing demand for reducing subscriber churn and improving customer retention
- 3.4.2 Market challenge analysis
- 3.4.2.1 Data security and privacy concerns
- 3.4.3 Market opportunity analysis
- 3.4.3.1 Use of machine learning to optimize subscription billing
- 3.5 Penetration and Growth Prospect Mapping
- 3.6 Subscription Billing Management Market - Porter's Five Forces Analysis
- 3.7 Subscription Billing Management Market - PESTEL Analysis
Chapter 4 Subscription Billing Management Software Outlook
- 4.1 Subscription Billing Management Market Share By Software, 2021
- 4.2 Credit and Collection Management
- 4.2.1 Subscription billing credit and collection management market, 2017 - 2030
- 4.3 Receivables Management
- 4.3.1 Subscription billing receivables management market, 2017 - 2030
- 4.4 Quote and Pricing Management
- 4.4.1 Subscription billing quote and pricing management market, 2017 - 2030
- 4.5 Subscription Order Management
- 4.5.1 Subscription billing order management market, 2017 - 2030
- 4.6 Dispute Management
- 4.6.1 Subscription billing dispute management market, 2017 - 2030
- 4.7 Others
- 4.7.1 Other subscription billing management market, 2017 - 2030
Chapter 5 Subscription Billing Management Services Outlook
- 5.1 Subscription Billing Management Market Share By Services, 2021
- 5.2 Professional Services
- 5.2.1 Subscription billing management professional services market, 2017 - 2030
- 5.3 Managed Services
- 5.3.1 Subscription billing management managed services market, 2017 - 2030
Chapter 6 Subscription Billing Management Deployment Outlook
- 6.1 Subscription Billing Management Market Share By Deployment, 2021
- 6.2 On-premise
- 6.2.1 On-premise subscription billing management market, 2017 - 2030
- 6.3 Cloud
- 6.3.1 Cloud subscription billing management market, 2017 - 2030
Chapter 7 Subscription Billing Management Enterprise Size Outlook
- 7.1 Subscription Billing Management Market Share By Enterprise Size, 2021
- 7.2 Small & Medium Enterprise
- 7.2.1 Subscription billing management market for small & medium enterprises, 2017 - 2030
- 7.3 Large Enterprise
- 7.3.1 Subscription billing management market for large enterprises, 2017 - 2030
Chapter 8 Subscription Billing Management End-Use Outlook
- 8.1 Subscription Billing Management Market Share By End Use, 2021
- 8.2 BFSI
- 8.2.1 Subscription billing management market in BFSI, 2017 - 2030
- 8.3 Retail & E-Commerce
- 8.3.1 Subscription billing management market in retail & e-commerce, 2017 - 2030
- 8.4 IT & Telecom
- 8.4.1 Subscription billing management market in IT & telecom, 2017 - 2030
- 8.5 Media & Entertainment
- 8.5.1 Subscription billing management market in media & entertainment, 2017 - 2030
- 8.6 Healthcare
- 8.6.1 Subscription billing management market in healthcare, 2017 - 2030
- 8.7 Others
- 8.7.1 Subscription billing management market in others, 2017 - 2030
Chapter 9 Subscription Billing Management Regional Outlook
- 9.1 Subscription Billing Management Market Share By Region, 2021
- 9.2 North America
- 9.2.1 North America subscription billing management market, 2017 - 2030
- 9.2.2 North America subscription billing management market, by software, 2017 - 2030
- 9.2.3 North America subscription billing management market, by services, 2017 - 2030
- 9.2.4 North America subscription billing management market, by deployment, 2017 - 2030
- 9.2.5 North America subscription billing management market, by enterprise size, 2017 - 2030
- 9.2.6 North America subscription billing management market, by end-use, 2017 - 2030
- 9.2.7 U.S.
- 9.2.7.1 U.S. subscription billing management market, 2017 - 2030
- 9.2.7.2 U.S. subscription billing management market, by software, 2017 - 2030
- 9.2.7.3 U.S. subscription billing management market, by services, 2017 - 2030
- 9.2.7.4 U.S. subscription billing management market, by deployment, 2017 - 2030
- 9.2.7.5 U.S. subscription billing management market, by enterprise size, 2017 - 2030
- 9.2.7.6 U.S. subscription billing management market, by end-use, 2017 - 2030
- 9.2.8 Canada
- 9.2.8.1 Canada subscription billing management market, 2017 - 2030
- 9.2.8.2 Canada subscription billing management market, by software, 2017 - 2030
- 9.2.8.3 Canada subscription billing management market, by services, 2017 - 2030
- 9.2.8.4 Canada subscription billing management market, by deployment, 2017 - 2030
- 9.2.8.5 Canada subscription billing management market, by enterprise size, 2017 - 2030
- 9.2.8.6 Canada subscription billing management market, by end-use, 2017 - 2030
- 9.3 Europe
- 9.3.1 Europe subscription billing management market, 2017 - 2030
- 9.3.2 Europe subscription billing management market, by software, 2017 - 2030
- 9.3.3 Europe subscription billing management market, by services, 2017 - 2030
- 9.3.4 Europe subscription billing management market, by deployment, 2017 - 2030
- 9.3.5 Europe subscription billing management market, by enterprise size, 2017 - 2030
- 9.3.6 Europe subscription billing management market, by end-use, 2017 - 2030
- 9.3.7 Germany
- 9.3.7.1 Germany subscription billing management market, 2017 - 2030
- 9.3.7.2 Germany subscription billing management market, by software, 2017 - 2030
- 9.3.7.3 Germany subscription billing management market, by services, 2017 - 2030
- 9.3.7.4 Germany subscription billing management market, by deployment, 2017 - 2030
- 9.3.7.5 Germany subscription billing management market, by enterprise size, 2017 - 2030
- 9.3.7.6 Germany subscription billing management market, by end-use, 2017 - 2030
- 9.3.8 U.K.
- 9.3.8.1 U.K. subscription billing management market, 2017 - 2030
- 9.3.8.2 U.K. subscription billing management market, by software, 2017 - 2030
- 9.3.8.3 U.K. subscription billing management market, by services, 2017 - 2030
- 9.3.8.4 U.K. subscription billing management market, by deployment, 2017 - 2030
- 9.3.8.5 U.K. subscription billing management market, by enterprise size, 2017 - 2030
- 9.3.8.6 U.K. subscription billing management market, by end-use, 2017 - 2030
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific subscription billing management market, 2017 - 2030
- 9.4.2 Asia Pacific subscription billing management market, by software, 2017 - 2030
- 9.4.3 Asia Pacific subscription billing management market, by services, 2017 - 2030
- 9.4.4 Asia Pacific subscription billing management market, by deployment, 2017 - 2030
- 9.4.5 Asia Pacific subscription billing management market, by enterprise size, 2017 - 2030
- 9.4.6 Asia Pacific subscription billing management market, by end-use, 2017 - 2030
- 9.4.7 China
- 9.4.7.1 China subscription billing management market, 2017 - 2030
- 9.4.7.2 China subscription billing management market, by software, 2017 - 2030
- 9.4.7.3 China subscription billing management market, by services, 2017 - 2030
- 9.4.7.4 China subscription billing management market, by deployment, 2017 - 2030
- 9.4.7.5 China subscription billing management market, by enterprise size, 2017 - 2030
- 9.4.7.6 China subscription billing management market, by end-use, 2017 - 2030
- 9.4.8 India
- 9.4.8.1 India subscription billing management market, 2017 - 2030
- 9.4.8.2 India subscription billing management market, by software, 2017 - 2030
- 9.4.8.3 India subscription billing management market, by services, 2017 - 2030
- 9.4.8.4 India subscription billing management market, by deployment, 2017 - 2030
- 9.4.8.5 India subscription billing management market, by enterprise size, 2017 - 2030
- 9.4.8.6 India subscription billing management market, by end-use, 2017 - 2030
- 9.4.9 Japan
- 9.4.9.1 Japan subscription billing management market, 2017 - 2030
- 9.4.9.2 Japan subscription billing management market, by software, 2017 - 2030
- 9.4.9.3 Japan subscription billing management market, by services, 2017 - 2030
- 9.4.9.4 Japan subscription billing management market, by deployment, 2017 - 2030
- 9.4.9.5 Japan subscription billing management market, by enterprise size, 2017 - 2030
- 9.4.9.6 Japan subscription billing management market, by end-use, 2017 - 2030
- 9.5 Latin America
- 9.5.1 Latin America subscription billing management market, 2017 - 2030
- 9.5.2 Latin America subscription billing management market, by software, 2017 - 2030
- 9.5.3 Latin America subscription billing management market, by services, 2017 - 2030
- 9.5.4 Latin America subscription billing management market, by deployment, 2017 - 2030
- 9.5.5 Latin America subscription billing management market, by enterprise size, 2017 - 2030
- 9.5.6 Latin America subscription billing management market, by end-use, 2017 - 2030
- 9.5.7 Brazil
- 9.5.7.1 Brazil subscription billing management market, 2017 - 2030
- 9.5.7.2 Brazil subscription billing management market, by software, 2017 - 2030
- 9.5.7.3 Brazil subscription billing management market, by services, 2017 - 2030
- 9.5.7.4 Brazil subscription billing management market, by deployment, 2017 - 2030
- 9.5.7.5 Brazil subscription billing management market, by enterprise size, 2017 - 2030
- 9.5.7.6 Brazil subscription billing management market, by end-use, 2017 - 2030
- 9.6 MEA
- 9.6.1 MEA subscription billing management market, 2017 - 2030
- 9.6.2 MEA subscription billing management market, by software, 2017 - 2030
- 9.6.3 MEA subscription billing management market, by services, 2017 - 2030
- 9.6.4 MEA subscription billing management market, by deployment, 2017 - 2030
- 9.6.5 MEA subscription billing management market, by enterprise size, 2017 - 2030
- 9.6.6 MEA subscription billing management market, by end-use, 2017 - 2030
Chapter 10 Competitive Analysis
- 10.1 Recent Developments & Impact Analysis, By Key Market Participants
- 10.2 Company Categorization
- 10.3 Vendor Landscape
- 10.3.1 Company Market Share Analysis, 2021
- 10.3.2 Vendor landscape
- 10.4 Company Analysis Tools
- 10.4.1 Company Market Position Analysis
- 10.4.2 Competitive Dashboard Analysis
Chapter 11 Competitive Landscape
- 11.1 Aria Systems, Inc.
- 11.1.1 Company overview
- 11.1.1 Financial Performance
- 11.1.2 Product benchmarking
- 11.1.3 Strategic initiatives
- 11.2 Oracle
- 11.2.1 Company overview
- 11.2.2 Financial Performance
- 11.2.3 Product benchmarking
- 11.2.4 Strategic initiatives
- 11.3 BluSynergy
- 11.3.1 Company overview
- 11.3.2 Financial Performance
- 11.3.3 Product benchmarking
- 11.4 SAP SE
- 11.4.1 Company overview
- 11.4.2 Financial Performance
- 11.4.3 Product benchmarking
- 11.4.4 Strategic initiatives
- 11.5 Conga
- 11.5.1 Company overview
- 11.5.2 Financial Performance
- 11.5.3 Product benchmarking
- 11.5.4 Strategic initiatives
- 11.6 Recurly, Inc.
- 11.6.1 Company overview
- 11.6.2 Financial Performance
- 11.6.3 Product benchmarking
- 11.6.4 Strategic initiatives
- 11.7 Gotransverse
- 11.7.1 Company overview
- 11.7.2 Financial Performance
- 11.7.3 Product benchmarking
- 11.7.4 Strategic initiatives
- 11.8 cleverbridge
- 11.8.1 Company overview
- 11.8.2 Financial Performance
- 11.8.3 Product benchmarking
- 11.8.4 Strategic initiatives
- 11.9 Zuora Inc.
- 11.9.1 Company overview
- 11.9.2 Financial Performance
- 11.9.3 Product benchmarking
- 11.9.4 Strategic initiatives
- 11.10 LogiSense Corporation
- 11.10.1 Company overview
- 11.10.2 Financial Performance
- 11.10.3 Product benchmarking
- 11.10.4 Strategic initiatives