Subscription Business Revenue Grows 437% Over Nearly a Decad

Subscription Business Revenue Grows 437% Over Nearly a Decade as Consumer Buying Preferences Shift from Ownership to Usership – Consumer Electronics Net


1 month ago
New research from the Subscribed Institute shows that subscription businesses have consistently outperformed sales revenue growth of non-subscription businesses
REDWOOD CITY, Calif.–(BUSINESS WIRE)–Zuora, Inc., (NYSE:ZUO) the leading subscription management platform provider, today released its bi-annual Subscription Economy Index™ (SEI) which shows that subscription businesses have grown nearly 6x faster than the S&P 500 over the last 9 years, driven by an increase in consumer demand for the use of subscription services, according to a new survey
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Conducted online by The Harris Poll on behalf of Zuora’s Subscribed Institute, the survey of 13,626 adults across 12 countries reveals the growing consumer preferences for use of subscription services over the ownership of physical products. Results found within the End of Ownership

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