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MarketsandMarkets forecasts the global subscription & billing management market size to grow from USD 4.0 billion in 2020 to USD 7.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0%NEW YORK, March 13, 2020 /PRNewswire/ -- Rising adoption of subscription business models to drive the demand for subscription & billing management software Read the full report: https://www.reportlinker.com/p05874887/?utm_source=PRN MarketsandMarkets forecasts the global subscription & billing management market size to grow from USD 4.0 billion in 2020 to USD 7.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. Major factors expected to drive the growth of the subscription & billing management market include rising adoption of subscription business models, increasing demand for reducing subscriber churn and improving customer retention, growing need for adhering to compliances, and increasing need for upgrading legacy system. However, data synchronization complexities might hinder the growth of this market. Therefore, the adoption of cloud is increasing at a rapid pace. Among regions, Asia Pacific to grow at the highest CAGR during the forecast period The APAC subscription & billing management market is expected to record the highest growth rate during the forecast period, the rapid development of IT in APAC, and growing technological advancements in this region.The developed countries in APAC, namely, Australia, Malaysia, Japan, and Singapore have expansively considered the usage of subscription & billing software to cater to the unparalleled needs of organizations in the region. The adoption of Machine-to-Machine (M2M) solutions in various industry verticals such as transportation, manufacturing, energy and utilities, and retail has further opened the doors for advanced subscription & billing management software. In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the subscription & billing management market. The breakup of the profiles of the primary participants is given below: • By Company Type: Tier 1 – 20%, Tier 2 – 35%, and Tier 3 – 45% • By Designation: C-Level – 40%, Directors – 20%, Managers–15%, and Others -25% • By Region: North America – 35%, Europe – 30%, APAC – 20%, and RoW – 15% The following key subscription & billing management vendors are profiled in the report: • 2Checkout (US) • Apttus (US) • Aria Systems (US) • BillingPlatform (US) • Chargebee (US) • Chargify (US) • cleverbridge (Germany) • Gotransverse (US) • Recurly (US) • SaaSOptics (US) • Sage Intacct (UK) • Salesforce (US) • SAP (Germany) • Vindicia (US) • Zuora (US) • Digital River (US) • NetSuite (US) • FastSpring (US) • JustOn (Germany) • Zoho (US) • Fusebill Canada) Research Coverage The subscription & billing management market is segmented by component (software and services), organization size, deployment type, vertical, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overview; services; key strategies; new service and product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the subscription & billing management market. Reasons to Buy the Report The report would help the market leaders and new entrants in the following ways: • It comprehensively segments the subscription & billing management market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions. • It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities. • It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and expansions. Read the full report: https://www.reportlinker.com/p05874887/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker 
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