The Global Direct Carrier Billing Platform Market was valued at USD 32.23 Billion in 2021 with a CAGR of 9.34% during the forecast period. Direct carrier billing (DCB), is also termed as direct operator billing, is an online mobile payment system that allows customers to make transactions using their mobile phone carrier bills as a payment method.
These methods of payment are compatible with all feature phones and smartphones. A handset with a SIM card is all that is required to confirm the payments. Consumers can use this technology to buy goods and services from online shops that accept this method of payment.
Direct carrier billing is now often utilized to buy content on any digital platform. Limited DCB, Pure DCB, MSISDN Forwarding, and other forms of direct carrier billing exist. The rise of digital content platforms, as well as greater transparency and consumer satisfaction, are some of the primary drivers of direct carrier billing's substantial industry development. Furthermore, rising digitization and smartphone user penetration are influencing the need for direct carrier billing services.
Furthermore, the slow rate of credit card adoption in emerging nations is expected to fuel demand for direct carrier billing solutions. Smartphone users may buy digital content from these service providers and pay for subscriptions through the same channels as their phone bills, which is helping to grow the direct carrier billing market.
One of the key challenges impeding the expansion of the direct carrier billing business are security and privacy concerns. Since the prevalence of cybercrime is apparently on the rise, security concerns about online payment methods are having a significant influence on the adoption of direct carrier billing markets. The usage of such direct carrier billing platforms allows for authentication by safeguarding bank account and personal information; any loss of this information might have a severe impact on end customers. Because systems aren't well-secured enough to withstand such attacks, data hacking, fraud, and other severe crimes have been on the rise.
Furthermore, owing to technology developments and their inability to provide more effective security solutions, accessing such sensitive information has become simpler. Such issues are limiting the market expansion of direct carrier billing by creating a lower adoption of online payment alternatives prior to significant risks and financial losses.
Impact of COVID-19 on Global Direct Carrier Billing Platform Market
The introduction of the COVID 19 had a negative impact on the direct carrier billing (DCB) industry. The epidemic spread at a breakneck speed throughout the world. Consequently, the pandemic's presence has had a significant impact on all businesses and economies. However, for online business, apps such as Google Meet, Teams, as well as Zoom, as well as the widespread usage of digital wallets and lockers for payment, have seen a significant increase in demand. Moreover, the demand for internet streaming of series and movies as entertainment and pass-time during the lockdown has created a variety of business prospects.
Market Segmentation
The global direct carrier billing platform market report has been segmented by type, components, platforms, end user and region.
FIGURE 1: GLOBAL DIRECT CARRIER BILLING PLATFORM MARKET
Global Direct Carrier Billing Platform Market, by Type
By type, the direct carrier billing platform market is segmented into Limited DCB, MSISDN Forwarding, Pure DCB, PIN or MO Base Window. Among these segments, pure DCB captures the largest market share in global direct carrier billing platform market in 2021 and is anticipated to remain largest till the forecast period.
The factors such as pure DCB payment method allows customers to choose the 'pay by mobile' payment option and charge the money straight to their monthly bill, giving this category a large market share. DCB offers the advantage of allowing users to make transactions without having to input their credit or debit card information.
Global Direct Carrier Billing Platform Market, by Components
Based on components, the market is segmented into hardware, software, and services. Among these segments, hardware captures the largest market share in global direct carrier billing platform market in 2021 and is anticipated to remain largest till the forecast period. Component and module makers continue to spend in research and development while also exploring chipsets for specific telecom applications. Furthermore, as a result of technical advancements in 5G modules, providers are exploring a number of additional improvements, like hardware device changes that reduce device size and facilitate integration with other modules.
Global Direct Carrier Billing Platform Market, by Platform
Based on, platform, the market is segmented into android, iOS, and others. Among these segments, android captures the largest market share in global direct carrier billing platform market in 2021 and is anticipated to remain largest till the forecast period.
The factors such as the developing world is a major market for direct carrier billing platforms, and the use of mobile applications based on the Android operating system for gaming, entertainment, finance, sports, and other purposes has skyrocketed. With the aid of product improvements, partnerships, and advanced capabilities in direct carrier billing platforms, platform providers are on track to bring millions of unbanked individuals into the carrier billing system.
Global Direct Carrier Billing Platform Market, by End user
Based on end users, it is divided into apps & game, video & audio, and others. Among these segments, application & game captures the largest market share in global direct carrier billing platform market in 2021 and is anticipated to remain largest till the forecast period. Because platform companies are increasing their collaborations with different digital content providers, optimizing their businesses for app purchases to enhance in-app payment revenues for app developers, as well as creating a large market for applications, in-app purchases, and games.
Hence, this segment is anticipated to maintain its leading position throughout the direct carrier billing platform market forecast period.
Global Direct Carrier Billing Platform Market, by Region
Based on region, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Among these segments, North America and Europe captures the largest market share in global direct carrier billing platform market in 2021 and is anticipated to remain largest till the forecast period.
The factors attributed to the growth of segment include North America and Europe together accounted for more than half of the total direct carrier billing platform market, and this growth is projected to continue due to increased usage of direct carrier billing platforms, increased demand for trending digital contents, as well as an increase in platform providers' collaborations.
moreover, factors such as the growing number of over-the-top (OTT) providers in the United States, as well as other key companies, are continuing to integrate into direct carrier billing platforms like Disney, which is becoming a big trend in the area.
Recent Developments in Global Direct Carrier Billing Platform Market
- October 2019-Fortumo stated in October 2019 that it had signed a collaboration deal with Vidio to provide direct carrier billing in Indonesia. vidio launched direct carrier billing by integrating Fortum's DCB solution, allowing digital merchants to access all of their company's direct connections with mobile operators.
- May 2019-Boku Inc. established a collaboration with DAZN in May 2019 to allow users to sign up for and pay for services using their mobile phones, broadband, and pay TV accounts. With this cooperation, Boku will be able to provide DAZN consumers direct carrier billing and carrier bundling payment options for paying subscription fees via mobile phone bills, ISP bills, and broadcast television bills, for both cord cutters and conventional TV watchers.
Market Segmentation
Direct Carrier Billing Market, by Type
- Limited DCB
- Pure DCB
- MSISDN Forwarding
- PIN or MO Base Window
Direct Carrier Billing Market, by Components
- Hardware
- Software
- Services
Direct Carrier Billing Market, by Platform
- Android
- iOS
- Other
Direct Carrier Billing Market, by End User
- Apps & Games
- Video & Audio
- Other
By Region
North America Direct Carrier Billing Platform Market
- North America, by Country
- U.S.
- Canada
- Mexico
- North America, by Type
- North America, by Components
- North America, by Platform
- North America, by End user
Europe Direct Carrier Billing Platform Market
- Europe, by Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Europe, by Type
- Europe, by Components
- Europe, by Platform
- Europe, by End user
Asia Pacific Direct Carrier Billing Platform Market
- Asia Pacific, by Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Asia Pacific, by Type
- Asia Pacific, by Components
- Asia Pacific, by Platform
- Asia Pacific, by End user
Middle East and Africa Direct Carrier Billing Platform Market
- Middle East and Africa, by Country
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East and Africa
- Middle East and Africa, by Type
- Middle East and Africa, by Components
- Middle East and Africa, by Platform
- Middle East and Africa, by End user
South America Direct Carrier Billing Platform Market
- South America, by Country
- Brazil
- Argentina
- Rest of South America
- South America, by Type
- South America, by Components
- South America, by Platform
- South America, by End user
Major Companies: In this report, the major companies studied are Comviva Technologies Ltd., Amdocs Ltd., Bango Plc, Boku Inc., Centili Ltd., Digital Turbine Inc., DOCOMO Digital Ltd., Fortumo OU, and Oracle Corp., Comviva Technologies Ltd.,
Objectives of this Report:
- To estimate the market size for the global direct carrier billing platform market on a regional and global basis.
- To identify major segments in the global direct carrier billing platform market and evaluate their market shares and demand.
- To provide a competitive scenario for the global direct carrier billing platform market with major developments observed by the key companies in the historic years.
- To evaluate key factors governing the dynamics of global direct carrier billing platform market with their potential gravity during the forecast period.
- To evaluate the leading company-wise pricing analysis for the mentioned applications.
Key questioned answered in the study:
- What are major growth drivers and market trends that impacting on the global direct carrier billing platform market?
- What the market size both in terms of value and volume for global direct carrier billing platform market?
- Who are leading market players and who are the new market players that operate in the global direct carrier billing platform market with an estimated market share?
- What are the future investment pockets and opportunity in the global direct carrier billing platform market?
- Major list of customers and potential futuristic customer list along with an estimated buying volume.
- Impact of covid-19 on global direct carrier billing platform market.
Customization:
This study is customized to meet your specific requirements:
- By sub-segment
- By client-specific country, type, and application market analysis
- Pricing analysis along with the potential list of customers
- Product-specific competitive analysis
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