Recurring Payments Market Report 2026

The recurring payments market size has grown strongly in recent years. It will grow from $182.06 billion in 2025 to $199.37 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to expansion of digital commerce platforms, increasing preference for cashless transactions, growth of subscription economy services, rising demand for billing automation, wider adoption of cloud-based payment systems.

The recurring payments market size is expected to see strong growth in the next few years. It will grow to $285.73 billion in 2030 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing adoption of ai-driven payment analytics, rising focus on real-time payment reconciliation, expansion of global subscription services, growing demand for secure recurring payment frameworks, increasing integration of cross-border payment capabilities. Major trends in the forecast period include increasing adoption of subscription-based business models, rising demand for automated billing and invoicing solutions, growing integration of fraud detection in payment workflows, expansion of api-integrated payment platforms, enhanced focus on payment reliability and continuity.

The increasing adoption of subscription-based business models is expected to propel the growth of the recurring payments market going forward. Subscription-based business models involve customers paying recurring fees for continuous access to a product or service. The adoption of subscription-based business models is increasing due to their ability to provide predictable revenue streams, enhance customer loyalty, and offer consumers convenient access to products and services without large upfront costs. Recurring payments are useful for subscription-based business models because they ensure a steady and predictable revenue stream, reduce administrative overhead for billing, and enhance customer retention through convenience and continuity of service. For instance, in June 2023, according to the Association of Online Publishers (AOP), a UK-based digital publishing industry body, subscription revenues grew by 18.3% year on year in Q1 2023 compared with Q1 2022, marking the strongest growth among all digital revenue streams for the second consecutive quarter. Therefore, the increasing adoption of subscription-based business models is driving the growth of the recurring payments market.

Major companies operating in the recurring payments market are focusing on developing advanced payment solutions, such as an artificial intelligence (AI)-powered recurring payments solution, to enhance transaction efficiency and provide personalized payment experiences for customers. An AI-powered recurring payments solution refers to a system that uses artificial intelligence to automate and optimize recurring transactions, improving efficiency, reducing errors, and offering personalized payment schedules based on customer behavior. For instance, in June 2024, Trustly AB, a Sweden-based consumer banking company, launched an AI-powered recurring payments solution designed to streamline subscription transactions for merchants. This innovative offering allows businesses to accept recurring payments directly from customers' bank accounts, significantly reducing reliance on traditional payment methods such as cards and direct debits. It includes enhanced fraud prevention measures, such as biometric authorization and verified payment credentials, to ensure transaction security.

In August 2023, Trustly AB, a Sweden-based consumer banking company, acquired SlimPay SA. for $75 million. Through this acquisition, Trustly aims to enhance its European recurring payments market capabilities by integrating SlimPay's SEPA direct debit expertise with its account-to-account payment technology, streamlining subscription management, accelerating the rollout of its new Azura payment engine, and capturing a larger market share. SlimPay SA is a France-based company specializing in recurring payment and subscription management.

Major companies operating in the recurring payments market are Stripe Inc., Adyen N.V., PayPal Holdings Inc., Square Inc., American Express Company, Apple Inc., Recurly Inc., Chargebee Inc., Zuora Inc., GoCardless, FastSpring Inc., PayStand Inc., BlueSnap, Dwolla Inc., JustOn GmbH, Practice Ignition Pty Ltd., Paddle, Klarna Inc., Elavon Inc., AT&T Inc., Zoho Corporation Pvt. Ltd.

North America was the largest region in the recurring payments market in 2025. The regions covered in the recurring payments market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the recurring payments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The recurring payments market includes revenues earned by entities by providing services such as subscription services, automated invoicing, insurance premiums, financial services, online retail, and reporting and analytics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.