Subscription Billing Management Market By Type (Fixed, Variable), By End-users (Entertainment, Ecommerce, Fitness, Publishing, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Subscription Billing Management Market," The subscription billing management market was valued at $6.9 billion in 2022, and is estimated to reach $47.7 billion by 2032, growing at a CAGR of 21.7% from 2023 to 2032.

Subscription Billing Management Market - IMG1

The subscription billing management covers entire lifecycle, including subscription plan design, subscriber onboarding, price management, automated invoicing & payment processing, handling subscription modifications, and revenue tracking. The goal of subscription billing management, as well as a subscription management system, is to assist businesses in successfully monetizing their subscription business models. Although these business models might be challenging to maintain, subscriptions can provide dependable and recurring revenue as compared to traditional sales. In addition to developing products that customers want, businesses also need to establish long-lasting relationships with them. Poorly handled subscriptions can cause increased volatility and damage to the reputation of the company. A subscription billing management platform not only makes it easier to handle all necessary procedures, but it also helps to build enduring relationships with customers by providing personalized products and easy & secure payment processing.

Consumers are spending increasing amounts of time using mobile applications, notably for social networking and texting, in addition to utilizing their cellphones for entertainment and e-commerce. This surging amount of time spent on smartphones can make people purchase goods and services through digital platforms. As the amount of time spent on mobile devices is increasing, the usage of subscription platform is also expected to rise. In the U.S., mobile media consumption is continuing to replace traditional channels' viewership and listenership. To gain and preserve customers for a longer period of time, the companies are providing services based on subscriptions, which is expected to surge the demand for subscription billing management.

The market is susceptible to risks and their effects, such as the difficulty to develop and launch new cloud products across numerous organizations on schedule and in line with consumer expectations due to complexity in various technical settings. The possibility of the product and technology approach failing; customers may not adopt technology platforms, applications, or cloud services quickly enough; they may think about alternative competing products in the market; or the strategy may not match customers' expectations and needs, particularly in the context of extending the product portfolio into new markets. Any one of these events could have a severe negative effect on the business operations, money situation, revenue, and cash flow of the subscription billing management organization.

The pandemic has led to people buying products online through various e-commerce goods and service providers. To stay healthy, people started to buy medicines that boost immunity from pharmacy shops and online healthcare product supplier platforms on a regular basis. With this change in customer behavior, healthcare goods and services providers have also started to shift their focus to providing goods and services on a subscription basis, which necessitated them acquiring an efficient subscription billing management system provider. This habit of buying products on a regular basis is expected to create several opportunities for subscription billing management system providers to acquire new clients for their services.

The COVID-19 pandemic and efforts to control its spread have affected how subscription billing management system providers and their customers, partners, and suppliers are operating their businesses. The COVID-19 pandemic forced governments to issue preventative measures to contain or control the spread of the virus, such as travel restrictions, prohibitions of non-essential activities, quarantines, work-from-home directives, and social distancing orders. These preventative measures resulted in a sharp decrease in demand in certain industries and thus hampered the market growth in the initial stage of the pandemic. Business operations and their demand for subscription-based billing management drastically decreased with the decrease in demand for goods and services due to pandemic restrictions. The pandemic also caused a rise in inflation and the cost of living, which resulted in people buying only the necessary stuff at the time required. People avoided buying products and services repeatedly unless it was very necessary. This impacted people abandoning subscriptions, which directly reduced the business activities of subscription billing management service providers.

The key players profiled in this report include: Zuora Inc., Salesforce, Inc., SAP SE, Oracle Corporation, ZOHO Corporation., Chargebee Inc., Chargify LLC., Recurly Inc., 2Checkout, and Apttus Corporation. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and acquisitions.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the subscription billing management market analysis from 2022 to 2032 to identify the prevailing subscription billing management market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the subscription billing management market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global subscription billing management market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)

Consumer Buying Behavior Analysis
Product Benchmarking / Product specification and applications
Upcoming/New Entrant by Regions
Consumer Preference and Product Specifications
Go To Market Strategy
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level
SWOT Analysis

Key Market Segments

By Type

Fixed
Variable

By End-users

Others
Entertainment
Ecommerce
Fitness
Publishing

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- South Africa
- Argentina
- Rest of LAMEA

Key Market Players:

Zuora Inc.
Salesforce, Inc.
SAP SE
Oracle Corporation
ZOHO Corporation.
Chargebee Inc.
Chargify LLC.
Recurly Inc.
2Checkout
Apttus Corporation

Product Code: A174269

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Market Share Analysis
3.6. Brand Share Analysis
3.7. Trade Data Analysis
3.8. Product Consumption
3.9. Value Chain Analysis
3.10. Regulatory Guidelines
3.11. Key Regulation Analysis
3.12. Reimbursement Scenario
3.13. Patent Landscape

CHAPTER 4: SUBSCRIPTION BILLING MANAGEMENT MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Fixed
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Variable
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: SUBSCRIPTION BILLING MANAGEMENT MARKET, BY END-USERS

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Entertainment
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Ecommerce
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Fitness
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Publishing
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: SUBSCRIPTION BILLING MANAGEMENT MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by End-users
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Type
  - 6.2.4.1.2. Market size and forecast, by End-users
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Type
  - 6.2.4.2.2. Market size and forecast, by End-users
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Type
  - 6.2.4.3.2. Market size and forecast, by End-users
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by End-users
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. France
  - 6.3.4.1.1. Market size and forecast, by Type
  - 6.3.4.1.2. Market size and forecast, by End-users
  - 6.3.4.2. Germany
  - 6.3.4.2.1. Market size and forecast, by Type
  - 6.3.4.2.2. Market size and forecast, by End-users
  - 6.3.4.3. Italy
  - 6.3.4.3.1. Market size and forecast, by Type
  - 6.3.4.3.2. Market size and forecast, by End-users
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Type
  - 6.3.4.4.2. Market size and forecast, by End-users
  - 6.3.4.5. UK
  - 6.3.4.5.1. Market size and forecast, by Type
  - 6.3.4.5.2. Market size and forecast, by End-users
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Type
  - 6.3.4.6.2. Market size and forecast, by End-users
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by End-users
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Type
  - 6.4.4.1.2. Market size and forecast, by End-users
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Type
  - 6.4.4.2.2. Market size and forecast, by End-users
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Type
  - 6.4.4.3.2. Market size and forecast, by End-users
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Type
  - 6.4.4.4.2. Market size and forecast, by End-users
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Market size and forecast, by Type
  - 6.4.4.5.2. Market size and forecast, by End-users
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Type
  - 6.4.4.6.2. Market size and forecast, by End-users
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by End-users
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Type
  - 6.5.4.1.2. Market size and forecast, by End-users
  - 6.5.4.2. UAE
  - 6.5.4.2.1. Market size and forecast, by Type
  - 6.5.4.2.2. Market size and forecast, by End-users
  - 6.5.4.3. South Africa
  - 6.5.4.3.1. Market size and forecast, by Type
  - 6.5.4.3.2. Market size and forecast, by End-users
  - 6.5.4.4. Argentina
  - 6.5.4.4.1. Market size and forecast, by Type
  - 6.5.4.4.2. Market size and forecast, by End-users
  - 6.5.4.5. Rest of LAMEA
  - 6.5.4.5.1. Market size and forecast, by Type
  - 6.5.4.5.2. Market size and forecast, by End-users

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Zuora Inc.
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
8.2. Salesforce, Inc.
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
8.3. SAP SE
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
8.4. Oracle Corporation
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
8.5. ZOHO Corporation.
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
8.6. Chargebee Inc.
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
8.7. Chargify LLC.
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
8.8. Recurly Inc.
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
8.9. 2Checkout
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
8.10. Apttus Corporation
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot