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Emerging Trends to Drive Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market Growth at 24.3% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market Size By 2025?
The market size of the subscription churn scoring sector, bolstered by artificial intelligence (AI), has experienced rapid expansion in the past few years. The market, which will increase from $2.03 billion in 2024 to $2.53 billion in 2025, has a compound annual growth rate (CAGR) of 24.6%. This growth in the historical period can be credited to the shift towards subscription-based business structures across industries. There has been a surge in the focus towards enhancing customer lifetime value, a growing demand from consumers for personalized experiences, elevated expectations for prompt customer support and a rising inclination for flexible subscription schemes.
How Big Is the Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market Size Expected to Grow by 2029?
In the upcoming years, an exponential surge is anticipated in the market size of artificial intelligence (AI) powered subscription churn scoring, which is projected to reach $6.03 billion by 2029, boasting a compound annual growth rate (CAGR) of 24.3%. The predicted growth during the forecasted timeframe can be credited to a heightened awareness about data security and privacy issues, an escalated use of mobile devices for subscribing to services, increased demands for uninterrupted user experiences across multiple platforms, the need for real-time alerts and updates, and a growing dependence on social media platforms for customer service interactions. Key trends to look out for during this period range from advancements in AI and machine learning algorithms, the creation of interpretable AI models for transparency, the inclusion of natural language processing for sentiment analysis, the application of deep learning methods for sophisticated pattern identification, and the widespread acceptance of ensemble models.
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Which Key Market Drivers Powering Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market Expansion and Growth?
The increase in the adoption of cloud-based solutions is driving market growth, owing to its offering of real-time data accessibility and effective churn prediction.
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What Are the Emerging Segments in the Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market?
The artificial intelligence (AI)-enhanced subscription churn scoring market covered in this report is segmented
1) By Component: Software, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Telecommunications, Media And Entertainment, E-Commerce, Banking, Financial Services, And Insurance (BFSI), Healthcare, Software As A Service (SaaS), Other Applications
5) By End-User: Business-To-Business (B2B), Business-To-Consumer (B2C)
Subsegments:
1) By Software: Platform, Quantum Algorithm Suites, Application Software, Software Development Kits (SDKs)
2) By Services: Consulting And Advisory Services, Deployment And Integration Services, Support And Maintenance Services, Managed Services
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Who Are the Global Leaders in the Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Market?
Major companies operating in the artificial intelligence (AI)-enhanced subscription churn scoring market are Salesforce Inc., Adobe Inc., SAS Institute Inc., HubSpot Inc., Intercom, Braze Inc., Gainsight Inc., MoEngage Inc., CleverTap, Optimove Inc., ChurnZero Inc., Totango Inc., Vitally Inc., DynamicYield Ltd., Planhat, Pecan AI, ProfitWell, CustomerGauge Co., Strikedeck Inc., Churnkey, and Custify Srl.
Which are the Top Profitable Regional Markets for the Artificial Intelligence (AI)-Enhanced Subscription Churn Scoring Industry?
North America was the largest region in the artificial intelligence (AI)-enhanced subscription churn scoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI)-enhanced subscription churn scoring report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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