7 Numbers to Know About the Subscription Economy
Alejandro Cantarero
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* πΈ Digital subscriptions expected to double to $1.5T USD by 2025
* πΊ The US consumes 53% of all digital subscriptions
* π e-commerce subscriptions are the #1 category, expected to grow 63% over 5-years to $478B USD
* π©βπ» SaaS is the next largest category, expected to double to $307B USD
* π± Mobile app spending continues to grow to $270B USD
* πΊ Streaming services set to hit $155B USD with over 1.1 billion SVOD subscribers
* π The business of running a subscription business is booming at $10.5B USD, with over 100 SaaS companies listed on G2
More details and links to reports.
Is your product a subscription, or planning to launch a subscription soon?
How do you differentiate yourself in such a crowded space?
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