Subscription Billing Management Market Size - By Component (Software, Services), Deployment Model (On-premises, Cloud), End-user (IT & Telecom, Healthcare, Media and Entertainment, Retail & E-commerce, BFSI), Organization Size & Forecast, 2024 - 2032

SAP SE, Salesforce.com Inc., Conga Solution, Recurly Inc., Amazon Web Services, Inc., Oracle Corporation, and Zuora Inc.

The market size of subscription billing management reached USD 6 billion in 2023 and is set to witness over 16% CAGR between 2024 and 2032, favored by the rising adoption of subscription-based business models across various industries, including software, media, and e-commerce.

North America market had a share of over 30% in 2023, as the region has a mature & technologically-advanced business landscape with a high adoption rate of subscription-based services.

The cloud segment accounted for a market share of around 40% in 2023, owing to the scalability, accessibility, and cost-effectiveness it offers to businesses.