Market Highlights:
Direct carrier billing (DCB) is a type of online payment that allows consumers to charge the cost of a purchase to their phone bill. This online payment method is applicable to all smartphone and feature phone users. Consumers can use DCB to buy content on any digital platform. This method was earlier used for the purchase of ringtones and wallpaper on feature phone, however, now it can be used to purchase products and services through multiple channels, including desktop computers, smartphones, smart TVs, and game consoles. For instance, people can buy a music streaming subscription on a tablet device by confirming the payment on their phone.
The potential for direct carrier billing is tremendous. The app based companies like Apple App Store, Google Play, Windows Phone Store, and BlackBerry World are widely switching to carrier billing. Google and Microsoft use direct carrier billing in 32 and 45 markets respectively. DCB is highly useful to people who lack access to the basic financial services, such as consumers without bank or credit accounts. This pose as a major driver for the growth of digital carrier market. Also, with the increasing number of mobile subscribers, carrier billing market is gaining a considerable traction. However, unfavorable taxation & government policy regimes tend to be the biggest barrier for the spread of direct carrier billing within specific territories.
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Major Key Players
- NTT DoCoMo,
- Bango,
- Boku,
- Singtel,
- Swisscom,
- T-Mobile,
- Fortumo,
- DIMOCO,
- Telenor,
- Orange,
- AT&T,
- Bell Canada,
According to MRFR, The Global Direct Carrier Billing Market is expected to grow significantly over the forecast period 2019–2023.
ALTBalaji, the largest digital platform for exclusive and original shows from India, teamed up with Boku, a global leader in carrier billing-based mobile payments, and brought carrier billing as a payment option to international users. This was a definitive expansion plan.
the Chinese tech-giant Vivo, partnered with Centili to promote direct carrier billing in India, Indonesia, and Thailand. This would enhance the payment experience of the user.
Competitive Analysis:
Some of the key players of direct carrier billing market include NTT DoCoMo, Bango, Boku, Singtel, Swisscom, T-Mobile, Fortumo, DIMOCO, Telenor, Orange, AT&T, Bell Canada, and others. Prominent players keep innovating and investing in research and development to find out cost-effective measures in a bid to take charge of the market. Mergers, collaborations, product launches, acquisitions, and other tactics are significantly impacting the fortune of companies and the market.
Segmentation:
The global direct carrier billing market can be segmented by component, type, feature, authentication type, and platform.
By component, the direct carrier billing market is segmented into hardware, software, and services. The services segment includes professional and managed services.
Type-wise, the direct carrier billing is segmented into limited DCB, pure DCB, MSISDN forwarding, PIN or MO base window, and others.
By feature, the direct carrier billing market comprises pre-defined window, PIN defined, mobile originated & mobile terminated and others.
By authentication Type, the direct carrier billing market includes single-factor authentication and two-factor authentication.
Based on platform, the direct carrier billing market is segmented into Windows, Android and, iOS.
Regional Analysis:
Region-specific analysis of the direct carrier billing market includes North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
Europe is, at present, dominating the market by generating substantial revenue. The region also has prolific direct carrier billing users owing to its superiority in terms of technology. Furthermore, governments in the region are taking initiatives to ease the payment process and assist in the fast integration of the direct carrier billing system. The European Commission is taking the onus of regulating payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA).
North America assumes the second spot owing to the similar features like that of Europe. However, it is the APAC that is touted to grow with the fastest CAGR during the forecast period. The region is witnessing a spurt in the number of mobile users which can impact the market significantly.
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Target Audience
- Training and Consulting Service Providers
- Communications Service Providers
- Direct Carrier Billing Vendors
- Mobile Network Operators
- App Developers
- Managed Service Providers
- Mobile Payments Company
- Third-Party Providers
List of Tables
Table 1 Direct Carrier Billing Market: By Region, 2019-2023
Table 2 North America Direct Carrier Billing Market: By Country, 2019-2023
Table 3 Europe Direct Carrier Billing Market: By Country, 2019-2023
Table 4 Asia Pacific Direct Carrier Billing Market: By Country, 2019-2023
Table 5 The Middle East & Africa Direct Carrier Billing Market: By Country, 2019-2023
Table 6 Latin America Direct Carrier Billing Market: By Country, 2019-2023
Table 7 Global Direct Carrier Billing by Component Market: By Regions, 2019-2023
Continued……
LIST OF FIGURES
FIGURE 1 Global Direct Carrier Billing Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Direct Carrier Billing Market
FIGURE 4 Value Chain of Global Direct Carrier Billing Market
Continued……
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