Global Direct Carrier Billing Platform Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of 14.2 % during the forecast period.
The global Direct Carrier Billing Platform market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Direct Carrier Billing Platform report also provides trends by market segments, technology, and investment with a competitive landscape.
Direct Carrier Billing Platform Market Overview:
Payment is made using an online method with direct carrier billing. This allows users of cell phones to make transactions by paying with their phones. This form of payment is available on both feature phones and smartphones. Direct carrier billing is currently being used to purchase content on every digital channel. Direct operator billing is another name for direct carrier billing.
Google Play, Spotify, Sony, Schibsted, HOOQ, Gaana, EA Mobile, Gameloft, Kinguin, and thousands of other merchants use Fortumo's direct carrier billing network. Merchants can accept payments from subscribers of more than 350 mobile operators via one integration with the network.
Global Direct Carrier Billing Platform Market Dynamics:
The market is growing due to an increase in the adoption of subscription-based digital content. The industry is being propelled forward by high-speed internet and cloud computing technology. The need for direct carrier billing platforms could be fueled by the slow adoption of credit cards in developing countries. The business is growing because of low sales leakage and the ability to make safe payments. Alternative payment gateways including mobile wallets, payment networks, credit and debit cards, and internet banking are suppressing market growth.
The market is growing due to increased demand for video-on-demand, audio, voice calling apps like Skype and WeChat, podcasts, and other content. Furthermore, OTT streaming media content providers such as Netflix, Spotify, Sony, Hulu, Amazon Prime Video, and others are heavily using direct carrier billing platforms and have incorporated them into their systems. This draws customer’s attention, which leads to business expansion.
Furthermore, the direct carrier billing (DCB) platform serves as a middleman in the competition between content providers and mobile network operators (MNOs). The platform links merchants to mobile network operators' e-billing, identity, and sales systems. Furthermore, it aids merchants in offering DCB, acquiring customers, and converting them to loyal, paying customers for the goods a merchant sells.
Global Direct Carrier Billing Platform Market Segmentation:
Global Direct Carrier Billing Platform Market
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Based on the content/end user, the direct carrier billing platform market is segmented into applications & games, video & audio, and others. During the forecast period the application and game segment held the largest share in 2019. Since platform companies are increasing their partnerships with different digital content providers, optimizing their businesses for app purchases to raise in-app payment revenues for app developers, and building a wide market for apps, in-app purchases, and games, this segment is expected to retain its dominant position during the direct carrier billing platform market analysis era.
Global Direct Carrier Billing Platform Market
Global Direct Carrier Billing Platform Market Regional Insights:
In terms of sales, North America and Europe dominated the direct carrier billing platform market in 2019 and this trend is expected to continue during the forecast period. North America and Europe accounted for more than half of the overall direct carrier billing platform market in 2019, and this the trend is expected to continue due to increased use of direct carrier billing platforms, increased demand for trending digital contents, and an increase in platform providers' partnerships with multiple content creators and constant services in the United States, Germany, and the United Kingdom. Factors such as the growing number of over-the-top (OTT) providers in the United States, as well as other major players are continuing to integrate toward direct carrier billing platforms like Disney, which is becoming a major trend in the region.
Global Direct Carrier Billing Platform Market
The objective of the report is to present a comprehensive analysis of the Global Direct Carrier Billing Platform Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Direct Carrier Billing Platform Market dynamics, structure by analyzing the market segments and project the global Direct Carrier Billing Platform market size. Clear representation of competitive analysis of key players By Component, price, financial position, product portfolio, growth strategies, and regional presence in the Global Direct Carrier Billing Platform Market make the report investor’s guide.
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Global Direct Carrier Billing Platform Market
Global Direct Carrier Billing Platform Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America