The subscription and billing management helps to handle billing, subscription, tracking invoicing customers for service and products. It helps the business owner to keep track of multiple accounts and invoices in one premise. Hence the adoption of the system rising that drives the growth for subscription and billing management market. Growing digitalization fuels the growth of the subscription and billing management market. Increasing enterprises around the world, also growing penetration of electronic devices for an advanced subscription management tool, leads to the growth of the subscription and billing management market.
MARKET DYNAMICS
Subscription and billing management offers several solution such as pricing and quotation management, subscription order management, billing, and among others that drives the growth of the subscription and billing management market. The adoption of modern payment process by media and entertainment, public sector, retailers are heavily demanding for the subscription and billing management market. Additionally, a growing number of the organization, banking sector, financial services, healthcare, and among others, are expected to drive the growth of the subscription and billing management market.
MARKET SCOPE
The "Global Subscription and Billing Management Market Analysis to 2028" is a specialized and in-depth study of the subscription and billing management market with a special focus on the global market trend analysis. The report aims to provide an overview of subscription and billing management market with detailed market segmentation by solution, deployment type, enterprise size, industry vertical, and geography. The global subscription and billing management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading subscription and billing management market players and offers key trends and opportunities in the subscription and billing management market.
MARKET SEGMENTATION
The global subscription and billing management market is segmented on the basis of solution, deployment type, enterprise size, industry vertical. On the basis of solution the market is segmented as subscription order management, billing mediation, pricing and quote management, financial customer care and dispute management, others. On the basis of deployment type the market is segmented as on-premises, cloud. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of industry vertical the market is segmented as BFSI, healthcare, IT and telecom, media and entertainment, public sector and utilities, retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global subscription and billing management market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The subscription and billing management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting subscription and billing management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the subscription and billing management market in these regions.
MARKET PLAYERS
The reports cover key developments in the subscription and billing management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from subscription and billing management are anticipated to lucrative growth opportunities in the future with the rising demand for subscription and billing management in the global market. Below mentioned is the list of few companies engaged in the subscription and billing management market.
The report also includes the profiles of key subscription and billing management companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aria Systems, Inc.
- Avangate
- Cerillion
- Cleverbridge AG
- Computer Sciences Corporation
- Fastspring
- NetSuite, Inc.
- Oracle Corporation
- SAP SE
- Zuora Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.