Global Direct Carrier Billing Platform Market Size, Share, and COVID-19 Impact Analysis, By Type (Limited DCB, Pure DCB, MSISDN Forwarding), By Platform (Windows, Android, iOS), by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: Information & TechnologyGlobal Direct Carrier Billing Platform Market Insights Forecasts to 2032
- The Global Direct Carrier Billing Platform Market Size was valued at USD 27.66 Billion in 2022.
- The Market is Growing at a CAGR of 10.39% from 2022 to 2032
- The Worldwide Direct Carrier Billing Platform Market Size is expected to reach USD 67.10 Billion by 2032
- Europe and North America is expected To Grow the fastest during the forecast period.
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The Global Direct Carrier Billing Platform Market is expected to reach USD 67.10 Billion by 2032, at a CAGR of 10.39% during the forecast period 2022 to 2032.
A pure telco payment mechanism called direct carrier billing (DCB), sometimes known as operator billing, enables consumers to pay for online goods, products, support, services, and content via a variety of devices, including mobile phones, tablets, and Smart TVs. Customers can make purchases using this mobile payment system by adding the cost to their regular cell bill. Additionally, the market's direct carrier billing (DCB) technology serves as a link between for publishers of content and mobile network operators (MNO). The platform links businesses with mobile network operators with the help of identity, e-billing, and sales systems. Additionally, it supports businesses that use the direct carrier billing (DCB) mobile payment mechanism to gain clients and turn them into devoted, paying customers.
Direct Carrier Billing Platform Market Report Coverage
Report Coverage | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 27.66 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 10.39% |
2032 Value Projection: | USD 67.10 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Platform, By Region |
Companies covered:: | Google LLC, Microsoft, Fortumo, Bango.net Limited, NETWORLD MEDIA GROUP, DOCOMO Digital, Boku Inc., txtNation Limited, Adpay.net.in., Mobiyo, TELENITY, ZONG, HIGHCO, NTH Mobile, DIMOCO, Analysys Mason, Lateral Profiles Limited, Upstream, Swisscom Ltd, Tigo Tanzania |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Key Market Drivers
The primary factors driving the global direct carrier billing market are the expansion of subscription video-on-demand services and the popularity of digital content like e-sports as well as live streaming. Due to the expansion of high-speed internet as well as cloud computing infrastructure, the market for direct carrier billing is becoming more and more popular and is witnessing huge growth. Additionally, it is anticipated that the slow rate of credit card adoption in developing nations will increase demand for direct carrier billing solutions. Smartphone users can pay for subscriptions and watch digital content from these service providers using the same payment methods they use to pay for their mobile phone bills, which is simultaneously helping to grow the direct carrier billing market.
Key Market Challenges
The development of the direct carrier billing market is being hampered by the numerous alternative payment methods available globally, including mobile wallets, credit cards, debit cards, payment systems, and online banking. However, it is anticipated that over the forecast period, greater consumer adoption of digital goods and increased knowledge of direct carrier billing services would present favourable growth opportunities.
Market Segmentation
Type Insights
Pure DCB segment to dominate the market with the largest market share.
On the basis of type, the global direct carrier billing platform market is segmented into limited DCB, Pure DCB, MSIDDN Forwarding, and others. Among these, the pure DCB holds the largest market share over the forecast period. The growth is attributed to the allowance it offers to its users to purchase products through charging payments to their mobile phone carrier bills. Apart from this, the delay in the adoption of credit cards in the developing nations is anticipated to increase the demand for pure direct carrier billing solutions. In fact, smartphone users can make purchases of digital content from these key market leaders and pay their subscription amount through same payment channels as their phone bills which is contributing towards the growth of the market.
Platform Insights
Android platforms segment holds the largest market share over the forecast period
Based on platform insights, the global direct carrier billing platform market is segmented into windows, android, and iOS. Among these, the android platforms segment holds the largest market share over the forecast period. The growth is attributed to the increasing affordability of a low cost android mobile phones which has inspired the global market leaders like Google and others to make investment in developing such billing options in Android platforms. In addition, various android supported games provide access as well as downloading options only via purchasing such games through online payment modes which has propelled the demand of this segment. Not only this but also as android devices are gaining popularity, certain activities like doing shopping, and paying games has become more effective which has inspired the companies to opt for direct carrier billing systems.
Regional Insights
Asia Pacific is dominating the market with the largest market share over the forecast period
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Asia Pacific is dominating the global Direct Carrier Billing Platform market over the forecast period. The growth of this region is attributed to the increasing investment in research and development activities which are supported by penetration of smartphones will provide growth prospects to the market. Apart from this, various smartphones are easily available in the market and that too in affordable prices which will meet increasing popularity of digital platforms in the region. Not only this but also increasing initiatives taken by the government are helping to increase the use of these digital methods in this region.
North America and Europe on the other hand are witnessing the fastest market growth over the forecast period. The US, Germany, and other nations' growing demand for digital content, as well as the greater cooperation between platform providers and other content creators, as well as continuous services, all help to boost market share.
Recent Market Developments
- In February 2021, Boku has made an announcement about its partnership with Microsoft in order to launch Direct Carrier Billing in Saudi Arabia and South Korea.
- In March 2020, Boku has launched a direct carrier billing payment service for Korean game developers.
List of Key Companies
- Google LLC
- Microsoft
- Fortumo
- Bango.net Limited
- NETWORLD MEDIA GROUP
- DOCOMO Digital
- Boku Inc.
- txtNation Limited
- Adpay.net.in.
- Mobiyo
- TELENITY
- ZONG
- HIGHCO
- NTH Mobile
- DIMOCO
- Analysys Mason
- Lateral Profiles Limited
- Upstream
- Swisscom Ltd
- Tigo Tanzania
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Direct Carrier Billing Platform Market based on the below-mentioned segments:
Direct Carrier Billing Platform Market, Type Analysis
- Limited DCB
- Pure DCB
- MSISDN Forwarding
Direct Carrier Billing Platform Market, Platform Analysis
- Windows
- Android
- iOS
Direct Carrier Billing Platform Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the Market size of Direct Carrier Billing Platform Market?The Global Direct Carrier Billing Platform Market is expected To Grow from USD 27.66 Billion in 2022 to USD 67.10 Billion by 2032, at a CAGR of 10.39% during the forecast period 2022-2032.
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2. Who are the key Market players of Direct Carrier Billing Platform Market?Some of the key Market players of Google LLC, Microsoft, Fortumo, Bango.net Limited, NETWORLD MEDIA GROUP, DOCOMO Digital, Boku Inc., txtNation Limited, Adpay.net.in., Mobiyo ,TELENITY, ZONG, HIGHCO, NTH Mobile, DIMOCO, Analysys Mason, Lateral Profiles Limited, Upstream, Swisscom Ltd and Tigo Tanzania.
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3. Which segment hold the largest Market share?BFSI segment hold the largest Market share is going to continue its dominance
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4. Which Region is dominating the Direct Carrier Billing Platform Market?Asia Pacific is dominating the Direct Carrier Billing Platform Market with the highest Market share.
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