DUBLIN, November 10, 2022 /PRNewswire/ — Added the Direct Carrier Billing Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 report ResearchAndMarkets.com Offer.
The market size of the global direct carrier billing platform has been reached $236.5 million in 2021. Looking ahead, the publisher expects the market to be reached $616.37 million to 2027 with a CAGR of 17.31% over 2021-2027. Taking into account the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect impact of the pandemic. These insights are included in the report as a key market contribution.
A direct carrier billing platform, also referred to as direct operator billing, is an online payment method that allows users to make purchases through their mobile phones. This platform is considered safer for purchasing any third-party digital service or product without using sensitive banking information.
Additionally, it offers hassle-free payments directly from compliant merchants that add transaction fees to user’s mobile phone bills. A direct carrier billing platform is more beneficial than card payments as it offers a better seamless user experience, increased transaction security, higher conversion rates, greater financial engagement, etc. Hence, it is widely used by software companies, telecom providers, gambling platforms, etc.
Direct Carrier Billing Platforms Market Trends:
The emerging trend of digitization in the BFSI sector along with the increasing penetration of mobile-based payment solutions is primarily driving the global market for direct-to-mobile billing platforms. In addition, increasing adoption of smart TVs among consumers who have a subscription or prepaid account with a wireless carrier is driving the market growth. Additionally, the increasing number of startups and small businesses that depend on carrier-to-cell billing platforms for greater payment coverage and improved financial accessibility is positively impacting the global market.
Aside from that, the rising popularity of over-the-top (OTT) streaming media services including Netflix, Spotify, Amazon Prime Video, Sony, Hulu, etc., which accept direct carrier billing platforms for payment offerings, is also fueling product demand.
In addition, the increasing purchase of mobile games and in-app game items via e-billing platforms of direct carriers acts as a key growth factor. In addition, the increasing popularity of the pay-as-you-go model, combined with the increasing focus on ensuring financial security in online transactions, will continue to drive the global carrier-to-mobile billing platform market in the coming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global carrier billing platforms market, as well as forecasts at global, regional and country level from 2022 to 2027. Our report has categorized the market by component, type, platform and content.
Breakdown by component:
- hardware
- software
- Services
Breakdown by type:
- Limited DCB
- Pure DCB
- MSISDN forwarding
- PIN or MO basic window
- Other
Breakdown by platform:
Breakdown by content:
- Applications and Games
- Video and Audio Content
- Other
Breakdown by region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Other
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Other
- Latin America
- Brazil
- Mexico
- Other
- middle East and Africa
Key questions answered in this report:
- How has the global Direct Carrier Billing Platforms market evolved so far and how will it evolve in the coming years?
- What impact has COVID-19 had on the global Direct Carrier Billing Platforms market?
- What are the main regional markets?
- What is the market breakdown based on component?
- What is the market breakdown based on type?
- What is the market breakdown based on platform?
- What is the content breakdown of the market?
- What are the different stages in the industry value chain?
- What are the key drivers and challenges in the industry?
- What is the structure of the global Direct Carrier Billing Platforms market and who are the major players?
- How high is the competition in the industry?
Main topics covered:
1 Introduction
2 Scope and methodology
3 Summary
4 Introduction
5 Global Direct Carrier Billing Platforms Market
6 Market Split by Components
7 Market Split by Type
8 Market Split by Platform
9 Market Segmentation by Content
10 Market Split by Regions
11 SWOT analysis
12 Analysis of the value chain
13 Porter’s Five Forces Analysis
14 Price Analysis
15 competitive landscape
companies mentioned
- Bango plc
- Boku Inc.
- Centili Limited
- DIMOCO payments
- Mobiyo
- NTH Mobile doo
- NTT Docomo Inc. (Nippon Telegraph and Telephone Corporation)
- Singapore Telecommunications Limited
- Telecommunication SA
- Telenity Incorporated.
For more information about this report, visit https://www.researchandmarkets.com/r/uccq5p
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research and markets
Laura WoodSenior managers
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SOURCE Research and Markets
