SUBSCRIPTION AND RECURRING PAYMENT MARKET ANALYSIS

Subscription and Recurring Payment Market, By Type (Fixed Pricing Model and Variable Pricing Model), By Component (Services and Payment Platform), By End User (Media & Entertainment , BFSI, Healthcare, Telecom & IT, Government and Education, Retail, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East)

Published In : Dec 2023
Code : CMI6186
Pages :160
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

Global Subscription and Recurring Payment Market- Regional Insights

- North America is expected to be the largest market for subscription and recurring payment during the forecast period, and accounted for over 40% of the market share in 2022. The growth of the market in North America is attributed to the high penetration of digital payments and subscription models.

- Europe is expected to be the second-largest market for subscription and recurring payment, and accounted for over 25% of the market share in 2022. The growth of the market in Europe is attributed to rising e-commerce sales and adoption of recurring payments among SMEs.

Asia Pacific market is expected to be the fastest-growing market for subscription and recurring payment, with a CAGR of over 20% during the forecast period. The growth of the market in Asia Pacific is attributed to increasing smartphone penetration and digital payment adoption.

North America: U.S. and Canada

Latin America: Brazil, Argentina, Mexico, and Rest of Latin America

Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East