The Subscription Billing Software Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of subscription billing software has seen substantial growth in recent years. Its value increased from $7.63 billion in 2024, to approximately $9.13 billion in 2025. This translates to a compound annual growth rate (CAGR) of 19.7%.
The Subscription Billing Software Global Market Report 2025 predicts that by 2029, the market size for subscription billing software will reach $18.65 billion, growing at a compound annual growth rate (CAGR) of 19.5%.
Download Your Free Sample of the 2025 Subscription Billing Software Market Report and Uncover Key Trends Now!The key drivers in the subscription billing software market are:
• Growth in customer demand for flexibility in purchasing
• Adoption of innovative technology for market expansion
• Emphasis on research and development for innovative product offerings
• Introduction of advanced billing features and focus on commercialization efforts
The subscription billing software market covered in this report is segmented –
1) By Type: Cloud Based, On-Premise
2) By Functionality: Billing And Invoicing, Revenue Management, Subscription Management, Payment Management, Financial Reporting, Other Functionalities
3) By Application: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By Vertical: Information Technology And Telecommunication, Banking Financial Services And Insurance, Healthcare, Retail, Media And Entertainment, Other Verticals
The key trends in the subscription billing software market are:
• There is an increasing emphasis on usage-based billing for enhanced flexibility.
• Security in payment processes is becoming more critical in the market.
• The extension of subscription models into the travel industry is notable.
• Personalized and efficient billing processes are becoming a major focus.
Major companies in the subscription billing software market are:
• Oracle Corporation
• SAP SE
• Salesforce Inc.
• Stripe Inc.
• Billwerk GmbH
• HubSpot Payments
• Zoho Corporation Pvt. Ltd.
• 2Checkout.com Inc.
• Recurly Inc.
• Zuora Inc.
• Digital river Inc.
• FreshBooks
• Maxio LLC
• ChargeOver
• Chargebee Inc.
• Cleverbridge AG
• ReCharge Payments Inc.
• Aria System Inc.
• Invoicera Technologies Pvt. Ltd.
• Fusebill Inc.
• VeryConnect Ltd.
• BluSynergy LLC
• SaaSOptics LLC
• Pabbly Technologies Pvt. Ltd.
North America was the largest region in the subscription billing software market in 2024