PUBLISHER: TechNavio | PRODUCT CODE: 1653101
PUBLISHER: TechNavio | PRODUCT CODE: 1653101
The subscription services market is forecasted to grow by USD 388.9 bn during 2024-2029, accelerating at a CAGR of 17.4% during the forecast period. The report on the subscription services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by consumer demand for convenience, cost-effectiveness and flexibility of subscription models, and recurring revenue for businesses.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 16.1% |
CAGR | 17.4% |
Incremental Value | $388.9 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's subscription services market is segmented as below:
By Service
By Type
By Geographical Landscape
This study identifies the increasing focus on new launches as one of the prime reasons driving the subscription services market growth during the next few years. Also, emphasis on personalization and customization and strategic partnerships and collaborations will lead to sizable demand in the market.
The report on the subscription services market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading subscription services market vendors that include Amazon.com Inc., Apple Inc., Baidu Inc., Boomplay, Deezer SA, Entertainment Network India Ltd., Eros Digital FZE, MAX, Netflix Inc., Pandora Media Inc., Paramount Global, Peacocktv, Sony Group Corp., Spotify Technology SA, Star India Pvt. Ltd., Tencent Holdings Ltd., The Walt Disney Co., TIDAL Music AS, XANDRIE SA, and YouTube. Also, the subscription services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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