The North America Subscription Billing Management Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
A business strategy known as subscription billing asks customers to pay a set amount regularly in exchange for access to a good or service. Compare this to more conventional transactions, like buying a software license up front for hundreds of dollars and then having to decide again when a new version is released. At predetermined periods, typically monthly, quarterly, or yearly, the recurring cost is assessed. Businesses get recurrent income from this arrangement, which they can depend on. Many clients that use subscription billing will sign up for autopay, further securing regular income.
Multiple monetization strategies such as flat subscription, standard tiered pricing, overage, and volume-tiered pricing are supported by a flexible consumption model, enabling businesses to separate from the competition and provide value to customers. Such complicated monetization strategies can be made possible by an established subscription invoicing and revenue project management and platform, which also greatly reduces billing errors, income leakage, and customer complaints. Additionally, by swiftly implementing a subscription billing and revenue management platform to control the subscription to the cash value chain, it can assist in reducing the time it takes for new SaaS solutions to reach the market.
The growth of the regional market is majorly linked with the expansion of the regional banking sector as well as the integration of subscription billing management services into banks across regional countries. The U.S. Department of Labor provides a free electronic subscription service that allows individuals to get email notifications when new information becomes available. Subscribers receive automatic updates on their things of interest without having to revisit the website to check for updates. These are no-cost support available by the Labor Department. User email addresses would only be used to send visitors desired or relevant information or to get access to their subscriptions profile. Users will be notified by email from the service provider if their profile is modified. Numerous major banks all over the world are based in North America, which has a huge impact on the IoT banking sector.
The US market dominated the North America Subscription Billing Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,427.5 million by 2028. The Canada market is experiencing a CAGR of 17.7% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 16.7% during (2022 - 2028).
Based on End-use, the market is segmented into BFSI, Retail & E-Commerce, Media & Entertainment, IT & Telecom, Healthcare & Life Sciences and Others. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Software and Service. Based on Software Type, the market is segmented into Subscription Order Management, Quote & Pricing Management, Credit & Collection Management, Receivables Management and Dispute Management & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Subscription Billing Management Market is Estimated to reach $14.1 Billion by 2028, at a CAGR of 15.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, SAP SE, Zuora Inc., BluSynergy, Recurly, Inc., Gotransverse, Cleverbridge GmbH, LogiSense Corporation, Aria Systems, Inc., and Conga (Thoma Bravo, LP).
Scope of the Study
Market Segments Covered in the Report:
By End-use
- BFSI
- Retail & E-Commerce
- Media & Entertainment
- IT & Telecom
- Healthcare & Life Sciences
- Others
By Organization Size
By Deployment Type
By Component
- Software
- Subscription Order Management
- Quote & Pricing Management
- Credit & Collection Management
- Receivables Management
- Dispute Management & Others
- Service
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- SAP SE
- Zuora Inc.
- BluSynergy
- Recurly, Inc.
- Gotransverse
- Cleverbridge GmbH
- LogiSense Corporation
- Aria Systems, Inc.
- Conga (Thoma Bravo, LP)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Subscription Billing Management Market, by End-use
1.4.2 North America Subscription Billing Management Market, by Organization Size
1.4.3 North America Subscription Billing Management Market, by Deployment Type
1.4.4 North America Subscription Billing Management Market, by Component
1.4.5 North America Subscription Billing Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansion
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Oct – 2022, Mar) Leading Players
Chapter 4. North America Subscription Billing Management Market by End-use
4.1 North America BFSI Market by Country
4.2 North America Retail & E-Commerce Market by Country
4.3 North America Media & Entertainment Market by Country
4.4 North America IT & Telecom Market by Country
4.5 North America Healthcare & Life Sciences Market by Country
4.6 North America Other End-use Market by Country
Chapter 5. North America Subscription Billing Management Market by Organization Size
5.1 North America Large Enterprises Market by Country
5.2 North America SMEs Market by Country
Chapter 6. North America Subscription Billing Management Market by Deployment Type
6.1 North America Cloud Market by Country
6.2 North America On-premise Market by Country
Chapter 7. North America Subscription Billing Management Market by Component
7.1 North America Software Market by Country
7.2 North America Subscription Billing Management Market by Software Type
7.2.1 North America Subscription Order Management Market by Country
7.2.2 North America Quote & Pricing Management Market by Country
7.2.3 North America Credit & Collection Management Market by Country
7.2.4 North America Receivables Management Market by Country
7.2.5 North America Dispute Management & Others Market by Country
7.3 North America Service Market by Country
Chapter 8. North America Subscription Billing Management Market by Country
8.1 US Subscription Billing Management Market
8.1.1 US Subscription Billing Management Market by End-use
8.1.2 US Subscription Billing Management Market by Organization Size
8.1.3 US Subscription Billing Management Market by Deployment Type
8.1.4 US Subscription Billing Management Market by Component
8.1.4.1 US Subscription Billing Management Market by Software Type
8.2 Canada Subscription Billing Management Market
8.2.1 Canada Subscription Billing Management Market by End-use
8.2.2 Canada Subscription Billing Management Market by Organization Size
8.2.3 Canada Subscription Billing Management Market by Deployment Type
8.2.4 Canada Subscription Billing Management Market by Component
8.2.4.1 Canada Subscription Billing Management Market by Software Type
8.3 Mexico Subscription Billing Management Market
8.3.1 Mexico Subscription Billing Management Market by End-use
8.3.2 Mexico Subscription Billing Management Market by Organization Size
8.3.3 Mexico Subscription Billing Management Market by Deployment Type
8.3.4 Mexico Subscription Billing Management Market by Component
8.3.4.1 Mexico Subscription Billing Management Market by Software Type
8.4 Rest of North America Subscription Billing Management Market
8.4.1 Rest of North America Subscription Billing Management Market by End-use
8.4.2 Rest of North America Subscription Billing Management Market by Organization Size
8.4.3 Rest of North America Subscription Billing Management Market by Deployment Type
8.4.4 Rest of North America Subscription Billing Management Market by Component
8.4.4.1 Rest of North America Subscription Billing Management Market by Software Type
Chapter 9. Company Profiles
9.1 Oracle Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 SAP SE
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Zuora Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 BluSynergy
9.4.1 Company Overview
9.5 Recurly, Inc.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.5.2.2 Geographical Expansions:
9.6 Gotransverse
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.7 Cleverbridge GmbH
9.7.1 Company Overview
9.8 LogiSense Corporation
9.8.1 Company Overview
9.9 Aria Systems, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Conga (Thoma Bravo, LP)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Subscription Billing Management Market, 2018 - 2021, USD Million
TABLE 2 North America Subscription Billing Management Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Subscription Billing Management Market
TABLE 4 Product Launches And Product Expansions– Subscription Billing Management Market
TABLE 5 Geograohical Expansion– Subscription Billing Management Market
TABLE 6 North America Subscription Billing Management Market by End-use, 2018 - 2021, USD Million
TABLE 7 North America Subscription Billing Management Market by End-use, 2022 - 2028, USD Million
TABLE 8 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 9 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Retail & E-Commerce Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Retail & E-Commerce Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 14 North America IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 15 North America IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Other End-use Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Other End-use Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Subscription Billing Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 21 North America Subscription Billing Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 22 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 24 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 25 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Subscription Billing Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 27 North America Subscription Billing Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 28 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 31 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Subscription Billing Management Market by Component, 2018 - 2021, USD Million
TABLE 33 North America Subscription Billing Management Market by Component, 2022 - 2028, USD Million
TABLE 34 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Subscription Billing Management Market by Software Type, 2018 - 2021, USD Million
TABLE 37 North America Subscription Billing Management Market by Software Type, 2022 - 2028, USD Million
TABLE 38 North America Subscription Order Management Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Subscription Order Management Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Quote & Pricing Management Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Quote & Pricing Management Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Credit & Collection Management Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Credit & Collection Management Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Receivables Management Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Receivables Management Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Dispute Management & Others Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Dispute Management & Others Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Service Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Service Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Subscription Billing Management Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Subscription Billing Management Market by Country, 2022 - 2028, USD Million
TABLE 52 US Subscription Billing Management Market, 2018 - 2021, USD Million
TABLE 53 US Subscription Billing Management Market, 2022 - 2028, USD Million
TABLE 54 US Subscription Billing Management Market by End-use, 2018 - 2021, USD Million
TABLE 55 US Subscription Billing Management Market by End-use, 2022 - 2028, USD Million
TABLE 56 US Subscription Billing Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 57 US Subscription Billing Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 58 US Subscription Billing Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 59 US Subscription Billing Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 60 US Subscription Billing Management Market by Component, 2018 - 2021, USD Million
TABLE 61 US Subscription Billing Management Market by Component, 2022 - 2028, USD Million
TABLE 62 US Subscription Billing Management Market by Software Type, 2018 - 2021, USD Million
TABLE 63 US Subscription Billing Management Market by Software Type, 2022 - 2028, USD Million
TABLE 64 Canada Subscription Billing Management Market, 2018 - 2021, USD Million
TABLE 65 Canada Subscription Billing Management Market, 2022 - 2028, USD Million
TABLE 66 Canada Subscription Billing Management Market by End-use, 2018 - 2021, USD Million
TABLE 67 Canada Subscription Billing Management Market by End-use, 2022 - 2028, USD Million
TABLE 68 Canada Subscription Billing Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 69 Canada Subscription Billing Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 70 Canada Subscription Billing Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 71 Canada Subscription Billing Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 72 Canada Subscription Billing Management Market by Component, 2018 - 2021, USD Million
TABLE 73 Canada Subscription Billing Management Market by Component, 2022 - 2028, USD Million
TABLE 74 Canada Subscription Billing Management Market by Software Type, 2018 - 2021, USD Million
TABLE 75 Canada Subscription Billing Management Market by Software Type, 2022 - 2028, USD Million
TABLE 76 Mexico Subscription Billing Management Market, 2018 - 2021, USD Million
TABLE 77 Mexico Subscription Billing Management Market, 2022 - 2028, USD Million
TABLE 78 Mexico Subscription Billing Management Market by End-use, 2018 - 2021, USD Million
TABLE 79 Mexico Subscription Billing Management Market by End-use, 2022 - 2028, USD Million
TABLE 80 Mexico Subscription Billing Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 81 Mexico Subscription Billing Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 82 Mexico Subscription Billing Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 83 Mexico Subscription Billing Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 84 Mexico Subscription Billing Management Market by Component, 2018 - 2021, USD Million
TABLE 85 Mexico Subscription Billing Management Market by Component, 2022 - 2028, USD Million
TABLE 86 Mexico Subscription Billing Management Market by Software Type, 2018 - 2021, USD Million
TABLE 87 Mexico Subscription Billing Management Market by Software Type, 2022 - 2028, USD Million
TABLE 88 Rest of North America Subscription Billing Management Market, 2018 - 2021, USD Million
TABLE 89 Rest of North America Subscription Billing Management Market, 2022 - 2028, USD Million
TABLE 90 Rest of North America Subscription Billing Management Market by End-use, 2018 - 2021, USD Million
TABLE 91 Rest of North America Subscription Billing Management Market by End-use, 2022 - 2028, USD Million
TABLE 92 Rest of North America Subscription Billing Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 93 Rest of North America Subscription Billing Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 94 Rest of North America Subscription Billing Management Market by Deployment Type, 2018 - 2021, USD Million
TABLE 95 Rest of North America Subscription Billing Management Market by Deployment Type, 2022 - 2028, USD Million
TABLE 96 Rest of North America Subscription Billing Management Market by Component, 2018 - 2021, USD Million
TABLE 97 Rest of North America Subscription Billing Management Market by Component, 2022 - 2028, USD Million
TABLE 98 Rest of North America Subscription Billing Management Market by Software Type, 2018 - 2021, USD Million
TABLE 99 Rest of North America Subscription Billing Management Market by Software Type, 2022 - 2028, USD Million
TABLE 100 Key Information – Oracle Corporation
TABLE 101 Key Information – SAP SE
TABLE 102 Key Information – Zuora Inc.
TABLE 103 Key Information – BluSynergy
TABLE 104 Key Information – Recurly, Inc.
TABLE 105 Key Information – Gotransverse
TABLE 106 Key Information – Cleverbridge GmbH
TABLE 107 Key Information – LogiSense Corporation
TABLE 108 Key Information – Aria Systems, Inc.
TABLE 109 Key Information – Conga
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Oct – 2022, Mar) Leading Players
FIG 5 Recent strategies and developments: Oracle Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 SWOT Analysis: SAP SE
FIG 8 Recent strategies and developments: Zuora Inc.
FIG 9 Recent strategies and developments: Recurly, Inc.