The global direct carrier billing platform market size reached US$ 331.8 Million in 2023. Looking forward, the publisher expects the market to reach US$ 1,141.8 Million by 2032, exhibiting a growth rate (CAGR) of 14.7% during 2023-2032.
A direct carrier billing platform, also referred to as direct operator billing, is an online payment method that allows users to make purchases via their mobile phones. This platform is considered safer for buying digital services or products from third-party vendors without using any confidential banking details. Furthermore, it also offers hassle-free payments directly from compliant merchants who add transaction charges to mobile phone bills of the user. A direct carrier billing platform is more beneficial than card payments in providing a better seamless user experience, increased transaction security, higher conversion rates, greater financial inclusion, etc. As a result, it is widely utilized among software companies, telecom service providers, gaming platforms, etc.
2. What is the expected growth rate of the global direct carrier billing platform market during 2024-2032?
3. What are the key factors driving the global direct carrier billing platform market?
4. What has been the impact of COVID-19 on the global direct carrier billing platform market?
5. What is the breakup of the global direct carrier billing platform market based on the platform?
6. What is the breakup of the global direct carrier billing platform market based on content?
7. What are the key regions in the global direct carrier billing platform market?
8. Who are the key players/companies in the global direct carrier billing platform market?
A direct carrier billing platform, also referred to as direct operator billing, is an online payment method that allows users to make purchases via their mobile phones. This platform is considered safer for buying digital services or products from third-party vendors without using any confidential banking details. Furthermore, it also offers hassle-free payments directly from compliant merchants who add transaction charges to mobile phone bills of the user. A direct carrier billing platform is more beneficial than card payments in providing a better seamless user experience, increased transaction security, higher conversion rates, greater financial inclusion, etc. As a result, it is widely utilized among software companies, telecom service providers, gaming platforms, etc.
Direct Carrier Billing Platform Market Trends:
The emerging trend of digitalization in the BFSI sector along with the growing penetration of mobile-based payment solutions is primarily driving the global direct carrier billing platform market. Additionally, the rising adoption of smart TVs among consumers having a subscription or prepaid account with a mobile operator service is also propelling the market growth. Moreover, the increasing number of startups and small businesses that depend upon direct carrier billing platforms for greater payment coverage and improved financial accessibility is positively influencing the global market. Apart from this, the elevating popularity of over-the-top (OTT) streaming media services, including Netflix, Spotify, Amazon Prime Video, Sony, Hulu, etc., that accept direct carrier billing platforms for payment offerings, is also augmenting the product demand. Furthermore, the rising purchase of mobile gaming and in-app game items via direct carrier e-billing platforms is acting as a significant growth-inducing factor. Besides this, the escalating popularity of the ‘pay-as-you-go' model coupled with the increasing focus on ensuring financial security in online transactions, will continue to drive the global market for direct carrier billing platform in the coming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global direct carrier billing platform market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on component, type, platform and content.Breakup by Component:
- Hardware
- Software
- Services
Breakup by Type:
- Limited DCB
- Pure DCB
- MSISDN Forwarding
- PIN or MO Base Window
- Others
Breakup by Platform:
- Windows
- Android
- iOS
Breakup by Content:
- Applications and Games
- Video and Audio Contents
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Bango plc, Boku Inc., Centili Limited, DIMOCO Payments, Mobiyo, NTH Mobile d.o.o., NTT Docomo Inc. (Nippon Telegraph and Telephone Corporation), Singapore Telecommunications Limited, Telecoming S.A. and Telenity Incorporated.
Key Questions Answered in This Report
1. What was the size of the global direct carrier billing platform market in 2023?2. What is the expected growth rate of the global direct carrier billing platform market during 2024-2032?
3. What are the key factors driving the global direct carrier billing platform market?
4. What has been the impact of COVID-19 on the global direct carrier billing platform market?
5. What is the breakup of the global direct carrier billing platform market based on the platform?
6. What is the breakup of the global direct carrier billing platform market based on content?
7. What are the key regions in the global direct carrier billing platform market?
8. Who are the key players/companies in the global direct carrier billing platform market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Direct Carrier Billing Platform Market
6 Market Breakup by Component
7 Market Breakup by Type
8 Market Breakup by Platform
9 Market Breakup by Content
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Bango plc
- Boku Inc.
- Centili Limited
- DIMOCO Payments
- Mobiyo
- NTH Mobile d.o.o.
- NTT Docomo Inc. (Nippon Telegraph and Telephone Corporation)
- Singapore Telecommunications Limited
- Telecoming S.A.
- Telenity Incorporated
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | March 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 331.8 Million |
Forecasted Market Value ( USD | $ 1141.8 Million |
Compound Annual Growth Rate | 14.7% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |