Global Subscription and Billing management Market to reach USD 10.1 Billion by 2027.Global Subscription and Billing management Market is valued approximately at USD 4.0 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 14.0% over the forecast period 2021-2027. Increasing need to adhere to compliances and growing adoption of subscription business models by various companies are the factors which are driving the growth of Subscription and Billing management market. Furthermore, use of machine learning to optimize subscription billing will be anticipating the growth of market in forecasted period. For instance: In December 2020, Billing Platform, a major key market player, has enhanced its platform to optimize it and offer greater intuitive user experience to users. However, concerns about cloud data security and privacy may impede market growth over the forecast period of 2021-2027.

Global Subscription and Billing management market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a significant region across the world in terms of market share due to presence pf leading telecom provider in the region. Whereas Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to increasing development in adoption of mobile devices in the region.
Major market player included in this report are:
2Checkout
Apttus
Aria Systems
BillingPlatform
Chargebee
Chargify
Cleverbridge
Gotransverse
Recurly
SaaSOptics


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Software
Services
Consulting
Implementation
Support and Maintenance
By Deployment Type
Cloud
On-premises
By Organization Size
SMEs
Large Enterprises
By End-User
BFSI
Retail and eCommerce
IT
Telecom
Media and Entertainment
Public Sector and Utilities
Transportation and Logistics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Subscription and Billing management Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors