BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research has found that the global market value of the subscription economy will grow to $275 billion in 2022; rising from $224 billion in 2021. After evaluating 10 key subscription-based markets, the research identified the following three as generating the highest revenue in 2022:
The new report, Subscription Economy: Future Strategies & Market Forecasts 2022-2026, found increased user demand for reliable, recurring deliveries of key items, owing to the COVID-19 pandemic, and the support of automation in subscription services, are key reasons for the uptake of subscription services across these three verticals; representing 75% of global subscription market revenue in 2022.
For more insights, download the free whitepaper: What will the Subscription Economy Deliver in 2022?
Physical Goods to Represent 45% of…
