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Press Release / Business / Content Collaboration Platform Market Opportunities and Forecasts (2017-2025)

Content Collaboration Platform Market Opportunities and Forecasts (2017-2025)

By Shashii Pawar on February 02 2018 | 121 Views

Persistence Market Research has announced the addition of the “Content Collaboration Platform Market: Global Industry Analysis and Opportunity Assessment, 2017-2025"report to their offering

Global Subscription Management Market: Overview

With the increasing presence of the business units and their execution processes on an internet-based model is resulting in the deployment of subscription management software in the business units. The subscription management software is widely used for its extended product offerings by the enterprises. The features offered by the subscription management software to the end users are positively responsible for the business growth as it directly affects the customer retention and customer attraction ratio. From the past few years, the importance of the subscription management software is rising due as the software ensures that the right amount of money is being charged to the right person that to at the accurate number of times a year.

The deployment of the subscription management software is increasing rapidly in different industry verticals due to its features such as Dunning, Pricing flexibility, security and others which are responsible for providing the competitive advantage to the end users. The enterprises are focusing on the subscription management software deployment as this software is also contributing to the revenue generation of the enterprises due to charges associated with the subscription process such as stores payment data, recurring billing, and subscription billing, and processing charges.

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Global Subscription Management Market: Drivers and Restraints

The major factor responsible for the growing demand of the subscription management software is the features associated with the software to cater all the business unit requirement such as payments done by customer and data storage associated with it, integration and support with the payment gateway’s, automated billing and contracts and others. These features are widely preferred by the organizations to maintain the business process flow.

The other factors such as availability of the cloud-based solutions deployment for the subscription management software is also responsible for driving the demand for the subscription management solution. Also, the increasing importance of the customer satisfaction in the business units is one of the factors responsible for the increasing demand of the subscription management software globally. On the other hand, higher deployment costs for deployment as well as upgrading and maintaining the subscription management software is one of the major challenging factors for the growth of the subscription management software.

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Global Subscription Management Market: Industry Key Players

The global vendors for Subscription Management include:

The key players considered in the study of the Subscription Management market are Zuora Inc., Oracle Corporation, SAP SE, NetSuite, Inc., Cleverbridge AG, Cerillion Technologies Limited, Avangate, Inc., Apttus Corporation, Aria Systems, Inc., and Transverse. These key vendors constantly focus on the extending product offerings and introducing the innovations in the products.

Read Report Overview @ https://www.persistencemarketresearch.com/market-research/subscription-management-market.asp



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