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Subscription Billing Management Market Share

Report ID: GMI6798
Published Date: Jul 2024
Report Format: PDF

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Subscription Billing Management Market Share

Major companies operating in the subscription billing management industry are:

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

These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

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.

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.

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.

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