Infographic
6 Stats To Support Your Move To Subscription Business Models
The infographic highlights the rapid rise of subscription business models across industries. Companies transitioning to subscriptions report 20–50% higher revenue, with subscription businesses growing six times faster than the S&P 500 since 2012. Around 80% of traditional software vendors now offer subscription models, which are projected to account for 58% of software revenue by 2023. Despite the global pandemic, 80% of subscription-based firms experienced growth in 2020, and one Sentinel customer achieved a 177% increase in revenue per user after switching to a subscription model.