Direct Carrier Billing (DCB) Market Research Report Information By Type (Limited DCB, Pure DCB, MSISDN Forwarding, and Others), By Platform (Android, iOS, and Others), By End User (Games and Apps, Video Content and movies, Music, and Others), By Authentication type (Single Factor Authentication, and Two Factor Authentication) And By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Industry Forecast Till 2030
Market SynopsisOver the course of the research period, a compound annual growth rate (CAGR) of 11.2% is projected for the Direct Carrier Billing (DCB) market.
Customers can use Direct Carrier Billing (DCB), a mobile payment option, to make purchases and have the costs applied to their phone bills. With this technique—also known as direct operator billing—customers can purchase digital goods from independent merchants without using credit cards. To engage in carrier invoicing transactions, a consumer only needs a SIM card and a mobile device.
Growth prospects are expected to emerge during the projection period as a consequence of growing consumer acceptance of digital products and growing knowledge of direct carrier billing services. Furthermore, as compared to other payment methods, direct carrier invoicing offers the best online shopping experience. The emergence of novel revenue streams for cellular carriers and the affordable and straightforward delivery of updated content are made possible by the abundance of direct carrier billing platforms.
Insights by Market SegmentBased on type, the direct carrier billing (DCB) market has been divided into MSISDN Forwarding, pure DCB, limited DCB, and other categories.
The Direct Carrier Billing (DCB) Market is segmented into Android, iOS, and Others based on the platform.
Regional ViewsAs the region with the highest projected compound annual growth rate (CAGR) during the forecast period, Asia-Pacific is predicted to dominate the direct carrier billing (DCB) market in 2022.
With a compound annual growth rate (CAGR) of 9.20%, North America retains a 13% market share over the course of the projection period. A powerful incentive for the sale of digital goods and services via mobile devices is direct carrier invoicing. Compared to conventional payment methods, it provides a better user experience and helps operators reduce the risk and vulnerability of payment processing fraud. The region's growing mobile customer base and rising smartphone usage are the main factors driving the direct carrier billing market.
Several European digital companies, including Netflix, Apple, Google, Facebook, and Facebook, have started to take carrier-based payments. In this region, the carrier platform for direct invoicing is the most widely used, and many mobile network operators (MNOs) and over-the-top (OTT) providers are eager to collaborate with it. Direct billing companies like Spotify, a Swedish global media services provider that provides digital music services globally, are being propelled by packaged content.
The history, present, and future tendencies of the countries in the Asia-Pacific area have been analyzed about the direct carrier invoicing sector. Direct carrier invoicing seems to have a bright future in Asia.
Principal PlayersT-Mobile US, DIMOCO, Bango, Centili, Infomedia Services Limited, NTH Mobile, txtNation, Infobip, Orange S.A., Paymentwall, Boku Inc., ZONG, and Telenor ASA are among these companies.