Global Subscription Management Software Market Overview:
The report by BIR provides actionable insights to improve source-to-contract cycle performance in the Global Subscription Management Software Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
Subscription management software is used to automate subscription processes such as recurring billing, subscription pricing, and payments. These software enable businesses to manage and control complete customer life cycle from frequent payments to customer subscriptions. Subscription management software help businesses to plan subscriptions or bill customers mechanically and send and manage invoices. These software are also used to collect customer information and payment data in order to use the information for future use. Subscription management software provide a number of features such as renewals, refunds, cancellations, payment reminders, discounts, and coupon codes.
Surge in importance on cost reduction, time efficiency, and effective management by small and medium enterprises (SMEs) and large enterprises is expected to propel the market. Moreover, businesses are aiming on improving customer experience and edifice long-term relationship with their clients. This is projected to increase the subscription management software market. Fast evolution in e-commerce and online businesses across the world is estimated to rise the demand for subscription management software during the upcoming period. However, limited awareness of subscription management software in evolving economies such as Brazil, Russia and India is predictable to confine the large scale acceptance of these solutions. A varied range of substitutes, such as customer relationship management (CRM) software, offer subscription management as a part of their modules or applications. This is expected to constrain the market during the forecast period. Growth in e-commerce and online businesses around the globe creates profitable opportunities in the subscription management software market.
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Major Key Players
Aria Systems, Billwerk GmbH, Chargebee, Chargify, Cleverbridge, Elastic Path Software, SAP, Pabbly, Rebilly, Recurly, SaaSOptics, Telefonaktiebolaget LM Ericsson, Zoho Corporation,
Zuora
Product Type Segmentation
On-Premise
Cloud-Based
Hybrid
Industry Segmentation
BFSI
Health Care
IT and Telecom
Hospitality
Government
Travel and Logistics
E-Commerce and Retail
Others
Regional Analysis
The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. North America (NA) – US & Rest of North America, Europe (EU) – UK, Germany, France & Rest of Europe, Asia Pacific (APAC) – China, Japan, India & Rest of APAC, Latin America (LA) – Brazil & Rest of Latin America , Middle East & Africa (MEA) – Middle East and Africa
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Global Industry News:
Aria Systems
VIDAA International Selects Aria Systems’ Billing and Monetization Platform to Support Newly Upgraded Content Platform on Hisense Smart TVs
March 3, 2020 – Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that VIDAA International, a subsidiary of fast-growing consumer electronics company Hisense, has selected the company’s cloud billing and monetization platform to support its streaming content platform available on a majority of Hisense, Toshiba and private-label TV models in over 30 countries. A significantly upgraded version of the VIDAA platform, featuring the integration of additional content providers and a new user interface, was unveiled at the Consumer Electronics Show (CES) in January.
Aria’s platform will improve the management of VIDAA subscription accounts internationally and help generate recurring revenue across multiple geographies, currencies and languages, all while maintaining compliance with local privacy and data protection laws. Aria will also enable the company to begin monetizing the millions of latent customer accounts already registered in its database by offering new premium content via subscription and on demand.
“We are very pleased to announce our partnership with VIDAA International and Hisense,” said Tom Dibble, President & CEO, Aria Systems. “With the global surge in consumer demand for streaming services and smart devices, the presence of an agile billing and subscriber management platform becomes a key competitive differentiator for service providers. The combination of VIDAA, one of the premier smart TV platforms for streaming content, and Aria’s platform will provide tremendous flexibility for a variety of monetization models and deliver an exceptional experience to the end user, no matter the country in which they reside or the language they speak.”
Key Points
Identification of key industry players in the industry and their revenue influence to the overall business or relevant segment associated to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of cloud analytics market. The last step involves complete market engineering which includes analysing the data from different sources and existing exclusive datasets while using various data different methods for market breakdown and forecasting.
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Table of Contents
Subscription Management Software Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2023
1 Industry Overview of Subscription Management Software
1.1 Subscription Management Software Market Overview
1.1.1 Subscription Management Software Product Scope
1.1.2 Market Status and Outlook
1.2 Global Subscription Management Software Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Subscription Management Software Market by Type
1.3.1 On-Premise
1.3.2 Cloud-Based
1.3.3 Hybrid
1.4 Subscription Management Software Market by End Users/Application
1.4.1 BFSI
1.4.2 Health Care
1.4.3 IT and Telecom
1.4.4 Hospitality
1.4.5 Government
1.4.6 Travel and Logistics
1.4.7 E-Commerce and Retail
1.4.8 Others
2 Global Subscription Management Software Competition Analysis by Players
2.1 Subscription Management Software Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants………..
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