Direct Carrier Billing Market Status, Emerging Technologies, Future and Trends by Forecast 2030
Market Research Future Insights
According to MRFR analysis, the global Direct Carrier Billing Market is expected to register a CAGR of 14.20% from 2022 to 2030 and hold a value of over USD 89.6 billion by 2030.
Direct carrier billing is an internet payment system. In other words, the direct carrier billing technology contributions making payment utilizing online means without any hassles. The direct carrier billing system is obtainable on all windows, android, and IOS-based platforms. The increasing emergence of OTT platforms is generating profitable growth opportunities for the direct carrier billing market. Increasing adoption of cloud computing technologies coupled with the growing proliferation of the internet will further persuade growth in the direct carrier billing market value. Increasing digitization, especially in developing economies coupled with rising personal disposable income is another factor encouraging the growth of this market.
Key Players
Singapore Telecommunications Limited
NTH AG
Infomedia
Digital Turbine Inc.
Orange S.A.
txtNation Limited
Bango plc
Telenor ASA
Boku Inc.
Swisscom AG
DIMOCO
DOCOMO Digital
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Market Segmentation
The global Direct Carrier Billing Market has been segmented into Content and Operating system
Based on the content, The global Direct Carrier Billing Market has been segmented into application & game, video & audio, and others. The application & game segment are projected to garner the largest share during the direct carrier billing platform market estimate period. This segment is anticipated to maintain its dominant position throughout the direct carrier billing platform market analysis period, due to an upsurge in collaborations by platform companies with several digital content providers, enhancing their businesses for app purchases to improve in-app payment revenues for app developers, and generating large market for applications, in-app purchases, and games in the market.
Based on the operating system, The global Direct Carrier Billing Market has been segmented into android, iOS, and others. The android segment accounted for the highest direct carrier billing platform market share and is projected to maintain this trend during the estimated period. However, it is also projected to register the highest CAGR during the forecast period owing to higher smartphone penetration with 2.8 million apps accessible for download on the android platform in the market.
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Regional Analysis
North America and Europe dominated the Direct Carrier Billing Market size in terms of revenue and are likely to hold this level, which is likely to remain owing to augmented usage of the direct carrier billing platform and augmented demand for trends. The increase in demand for digital content and augmented collaboration between platform workers and numerous content creators and ongoing services in the US, Germany, and other countries contribute to growing the market share.