Direct Carrier Billing Platform Market to Develop Rapidly by 2031, TMR Study


Direct Carrier Billing Platform Market is projected to be driven by increase in adoption of subscription video on demand services and rise in digital content such as e-sports and live streaming

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Direct carrier billing (DCB) or operator billing is an unadulterated installment technique permitting clients to pay for online goods, products, backing, services, and content by means of a few gadgets like tablets, cell phones, and Smart TV. It is a portable installment innovation that empowers consumers to make exchanges by charging the sum to their monthly versatile bill. The rapidly developing world and increasing adoption of the latest technology is a prime growth driver for the direct carrier billing platform market. This, coupled with the tremendous use of mobile applications with the help of the android operating system used for different purposes such as watching sports, playing games, watching entertainment, handling finances, and other activities will also add fuel to the growth of this market. Thus, platform providers will propel many people without proper banking support into the carrier billing systems, with the help of collaborations, product developments, and advanced features in the direct carrier billing platforms.

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The direct carrier billing (DCB) platform acts as a middle person between content suppliers and versatile network operators (MNO) in the market. The platform associates vendors with the e-billing, character, and deals frameworks of portable network operators. Besides, it helps in supporting vendors to offer DCB, to obtain customers, and convert them to faithful, paying customers for the products and services gave through direct carrier billing versatile installment strategy.

The report on the global direct carrier billing platform market offers an elaborate overview of the market and its prime growth parameters such as drivers, restraints, challenges, and upcoming growth opportunities. It also throws light on the impact of the novel COVID19 pandemic prevalent from 2020 on this market and how can players gain benefit from this situation. Additionally, the list of all players and their key contribution to the overall market in the form of product innovation and launches is also provided in the report.

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Direct Carrier Billing Platform Market – Nature of Competition

There are multiple players in the global direct carrier billing platform market that ultimately makes the competition rather intense. Some of these players are adopting various strategies such as software innovations, mergers & acquisitions, and software modifications, and quality checks to gain a competitive edge in the overall market competition. Other players are investing majorly in research and development technologies so as to ensure significant revenue generation in the coming years.

Some of the key players of the global direct carrier billing platform market include:

  • Digital Turbine Inc.
  • Singtel
  • Comviva
  • Fortumo Ou
  • Boku Inc.
  • Mobiyo
  • NTT Docomo
  • Centili
  • Dimoco
  • Bango Plc.

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Direct Carrier Billing Platform Market – Drivers

The rising popularity and growing demand for video-on-demand, games, audio, and voice calling applications such as Skype, WeChat, eBooks, podcasts, and other content are the key factors augmenting the growth of the global direct carrier billing platform market. Besides this, the increasing success rates and growing popularity of over-the-top (OTT) streaming media services providers for example Hulu, Netflix, Sony, Amazon Prime Video, Spotify, and others will also add boost to the overall growth of this market, thereby attracting high payment offerings.

On the contrary, factors such as complexity that may arise out of e-billing payments and booting disruptions may emerge as major challenges for this market in the coming years. Nevertheless, the growing demand for in-app games and mobile gaming purchases via direct carrier e-billing payment method are likely to create new growth opportunities for the market in the coming years.

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Direct Carrier Billing Platform Market – Regional Insights

Regionally, the global direct carrier billing platform market is categorized on five major regions such as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Each of these regions is further classified into nations. Among these, North America and Europe held the dominant shares on account of the rising demand for trending digital content, and increasing number of content creators in the developed nations such as Germany, the United States, and others. Additionally, the rising number of over-the-top providers and other vendors such as Disney and their inclination towards promotion of direct carrier billing platforms will further help this region continue dominating the market in the coming years as well.

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Published in

Technology

Published on

Nov 07, 2022

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