남미의 구독 및 청구 관리 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the South America subscription and billing management market size was valued at USD 7.98 billion in 2025 and estimated to expand from USD 9.26 billion in 2026 to reach USD 19.36 billion by 2031, at a CAGR of 15.89% during the forecast period 2026-2031.

South America Subscription and Billing Management Market Trends and Insights

Expansion of Subscription-Based Business Models

Brazilian recurring card spending increased significantly in the first quarter of 2026 compared with the previous year, excluding Pix Automatico transactions. Vindi's 2026 consumer study found a higher share of consumers held only digital subscriptions than in 2025, while the share expecting higher subscription spending over the next 5 years was the highest since the study began. Health services, education, logistics, and hardware services are adopting recurring pricing alongside more established digital businesses. These models require flexible plans, proration, and automated customer lifecycle controls. The South America subscription and billing management market benefits when providers move from basic invoicing to systems that can manage these operating requirements.

Growth of Digital Payments and Real-Time Payment Rails

Pix Automatico in Brazil and Bre-B in Colombia are reshaping the payment infrastructure for recurring commerce. Banco de la Republica reported strong transaction activity and widespread adoption of payment keys among Bre-B users following its launch. Worldwide also reported rapid early adoption of Bre-B, with the platform passing 500 million transactions in March 2026. Each rail has its own consent, retry, and payment-recovery requirements. Providers that manage these requirements through one interface can reduce operating complexity for merchants active in several countries. This makes payment orchestration a central product requirement in the South America subscription and billing management market.

Cross-Border Payment Fraud and Chargeback Exposure

Mastercard reported that Brazil recorded a higher chargeback rate than the United States and France. The report also indicated that Brazilian merchants experienced a notable increase in third-party fraud chargebacks. Mastercard and Datos Insights project that chargeback volumes will continue to rise across South America. Payment failures and disputes make retries, tokenization, and evidence management essential billing functions. These pressures can increase implementation effort and operating costs in the South America subscription and billing management market.

Other drivers and restraints analyzed in the detailed report include:

1. Cloud Adoption Across SaaS, Media, Retail, and Telecom
2. Pix Automatico and Account-to-Account Recurring Payments
3. Currency Volatility and Dynamic Price Indexation

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Software held 78.14% of the South America subscription and billing management market share in 2025. Integrated software combines credit and collections management, receivables, quote and pricing management, subscription order management, and dispute management. These capabilities create configuration depth and make platform replacement more difficult after implementation. Zuora launched its AI Monetization Suite in June 2026, adding an AI Pricing Simulator and metered entitlements to its quote-to-cash workflow. SAP expanded recurring service contract support in its Subscription Order Management 2025 FPS01 release in February 2026.

Services are projected to expand at a CAGR of 15.92% through 2031. Implementation and managed services are becoming more important as companies connect Pix Automatico, Bre-B, Nequi, and Yape with tax and finance systems. Brazil's data-transfer standard contractual clauses took full effect in August 2025, adding configuration considerations for international data transfers. Mid-market customers often need ongoing support for payment recovery and reconciliation. Local implementation teams can shorten the time between deployment and the first billing cycle. The South America subscription and billing management industry, therefore, has a rising services need alongside platform sales.

Cloud accounted for 78.22% of the South America subscription and billing management market share in 2025. Its projected CAGR of 16.11% through 2031 reflects demand for continuous product updates. Cloud systems can add payment methods, revise recovery rules, and apply compliance updates without a customer-led upgrade project. The Brazilian cloud adoption data from TOTVS and H2R Insights indicates that customer familiarity with SaaS delivery is already high. Claro's 2025 cloud investment also shows that telecommunications providers are helping distribute SaaS capabilities to smaller customers.

On-premise systems remain relevant to regulated financial institutions and utilities with data sovereignty requirements. New agreements in these sectors increasingly use hybrid models that keep some processing locally while moving billing functions to hosted platforms. This model allows firms to modernize payment and plan management without replacing every core system at once. Brazil's data protection requirements make data location and contract terms important during deployment. The South America subscription and billing management market is consequently moving toward cloud-led architectures rather than a simple cloud or on-premise choice. Hybrid operating models can also ease migration for organizations with long-standing ERP environments.

Complete Report Scope:

• By Component
  • Software
    • Credit and Collection Management
    • Receivables Management
    • Quote and Pricing Management
    • Subscription Order Management
    • Dispute Management
    • Other Software Functions
  • Services
    • Professional Services
    • Managed Services
• By Deployment Mode
  • On-Premise
  • Cloud
• By Enterprise Size
  • Large Enterprises
  • Small and Medium Enterprises (SMEs)
• By End-User Industry
  • Retail and E-Commerce
  • BFSI
  • IT and Telecom
  • Media and Entertainment
  • Public Sector and Utilities
  • Other End-User Industries
• By Geography
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America

List of Companies Covered in this Report:

1. EBANX Ltda.
2. DLocal Limited
3. Zuora, Inc.
4. Stripe, Inc.
5. Chargebee, Inc.
6. Oracle Corporation
7. SAP SE
8. Salesforce, Inc.
9. PayPal Holdings, Inc.
10. Fiserv, Inc.
11. Block, Inc.
12. Vindi Tecnologia Ltda.
13. Kushki S.A.
14. Recurly, Inc.
15. Paddle.com Market Ltd.
16. Vindicia, Inc.
17. BillingPlatform, Inc.
18. GoTransverse, Inc.
19. Zoho Corporation Pvt. Ltd.
20. CloudBlue LLC

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Expansion of Subscription-Based Business Models
  • 4.2.2 Growth of Digital Payments and Real-Time Payment Rails
  • 4.2.3 Demand for Automated Churn Reduction and Revenue Recovery
  • 4.2.4 Cloud Adoption Across SaaS, Media, Retail, and Telecom
  • 4.2.5 Pix Automatico and Account-to-Account Recurring Payments
  • 4.2.6 Localized Payment Orchestration for Underbanked Subscribers
• 4.3 Market Restraints
  • 4.3.1 Cross-Border Payment Fraud and Chargeback Exposure
  • 4.3.2 Legacy ERP and CRM Integration Complexity
  • 4.3.3 Currency Volatility and Dynamic Price Indexation
  • 4.3.4 Tax, Data-Residency, and Capital-Control Fragmentation
• 4.4 Industry Value Chain Analysis
• 4.5 Impact of Macroeconomic Factors on the Market
• 4.6 Regulatory Landscape
• 4.7 Technological Outlook
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Bargaining Power of Suppliers
  • 4.8.2 Bargaining Power of Buyers
  • 4.8.3 Threat of New Entrants
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Component
  • 5.1.1 Software
    • 5.1.1.1 Credit and Collection Management
    • 5.1.1.2 Receivables Management
    • 5.1.1.3 Quote and Pricing Management
    • 5.1.1.4 Subscription Order Management
    • 5.1.1.5 Dispute Management
    • 5.1.1.6 Other Software Functions
  • 5.1.2 Services
    • 5.1.2.1 Professional Services
    • 5.1.2.2 Managed Services
• 5.2 By Deployment Mode
  • 5.2.1 On-Premise
  • 5.2.2 Cloud
• 5.3 By Enterprise Size
  • 5.3.1 Large Enterprises
  • 5.3.2 Small and Medium Enterprises (SMEs)
• 5.4 By End-User Industry
  • 5.4.1 Retail and E-Commerce
  • 5.4.2 BFSI
  • 5.4.3 IT and Telecom
  • 5.4.4 Media and Entertainment
  • 5.4.5 Public Sector and Utilities
  • 5.4.6 Other End-User Industries
• 5.5 By Geography
  • 5.5.1 Brazil
  • 5.5.2 Argentina
  • 5.5.3 Colombia
  • 5.5.4 Rest of South America

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 EBANX Ltda.
  • 6.4.2 DLocal Limited
  • 6.4.3 Zuora, Inc.
  • 6.4.4 Stripe, Inc.
  • 6.4.5 Chargebee, Inc.
  • 6.4.6 Oracle Corporation
  • 6.4.7 SAP SE
  • 6.4.8 Salesforce, Inc.
  • 6.4.9 PayPal Holdings, Inc.
  • 6.4.10 Fiserv, Inc.
  • 6.4.11 Block, Inc.
  • 6.4.12 Vindi Tecnologia Ltda.
  • 6.4.13 Kushki S.A.
  • 6.4.14 Recurly, Inc.
  • 6.4.15 Paddle.com Market Ltd.
  • 6.4.16 Vindicia, Inc.
  • 6.4.17 BillingPlatform, Inc.
  • 6.4.18 GoTransverse, Inc.
  • 6.4.19 Zoho Corporation Pvt. Ltd.
  • 6.4.20 CloudBlue LLC

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment