The global subscription e-commerce market was valued at $96.61B in 2022.
According to a report by ResearcandMarkets.com, the market is expected to grow at a CAGR of 71% from 2023 to 2028.
- The market growth forecast is based on the increasing popularity of online streaming services, growing internet penetration, and wider use of mobile devices.
- The fastest submarket to grow will be entertainment subscriptions.
- Part of it will be fueled by the convenience of accessing content from different devices and its lower prices than traditional cable services.
- The largest regional market in e-commerce subscriptions is North America, while the region expected to have the largest growth will be Asia Pacific.