The fact that a banking infrastructure is not required, but only a phone, broadens the consumer base of the service. In addition, the service is accessible by both smartphones and feature phones. It is projected to lead the direct carrier billing market towards its growth trajectory in the foreseeable future. Furthermore, the service is gaining popularity on account of the privacy of the consumers, which is not required to be revealed. The transaction is smooth and private, which is poised to drive the growth of the direct carrier billing market in the upcoming years. Also, the rising demand for streaming services is likely to influence the market positively across the forecast period.
The unification of bills is expected to motivate the direct carrier billing market 2020. The information & communication technology industry reports are produced by Market Research Future, which highlights market options for expansion. A soaring CAGR is predicted for the global market in the coming period.
The inclusion of certain elements of functionality in production facilities is likely to create better supply potential for the overall market. The momentum of change in the market is predicted to create new opportunities for growth in the forecast period. The availability of new sources of raw material is likely to induce more opportunities for growth in the market. The streamlining of the distribution channels is expected to create better supply chains and lead to a more positive effect on the global market. The inventions being discovered or attempted in the market are also considered to provide further opportunities for growth in the coming period. The effect of global currencies is expected to have a significant effect on market growth. The upsurge in exports is expected to create constructive situation for expansion in the coming period. The influence of global trade policies by various administrations is expected to further enhance the market expansion potential in the forecast period.
The strategic companies operating in the direct carrier billing market are Swisscom, Bango, Boku, NTT DoCoMo, AT&T, Singtel, T-Mobile, DIMOCO, Telenor, Orange, Fortumo, Bell Canada to name a few.
Detailed Regional Analysis
On the basis of region, the global direct carrier billing market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). Europe is anticipated to maintain its forefront position in the global marketplace over the next few years. The direct carrier billing market in the region is prognosticated to benefit from the efforts of the European Union for the regularization of payment services.
North America is projected to account for the second spot through the assessment period. Meanwhile, Asia Pacific is projected to exhibit growth at a rapid rate. It is expected to strike the highest CAGR over the forecast period. China, India, Japan, and South Korea are the leading country-level markets in the region.
The segmental investigation of the direct carrier billing (DCB) market is segmented on the basis of component, type, feature, authentication type, platform, and region. By components, the direct carrier billing market is segmented into services, hardware, and software. The segment of services is sub-segmented into managed and professional services. On the basis of the types, the direct carrier billing market is segmented into pure DCB, limited DCB, PIN or MO base window, MSISDN forwarding, and others. Based on the features, the direct carrier billing market is segmented into PIN defined, pre-defined window, mobile originated & mobile terminated, and others. Based on the authentication type, the direct carrier billing market is segmented into two-factor authentication and single-factor authentication. Based on the platform, the direct carrier billing market is segmented into Android, Windows, and iOS. Based on the regions, the direct carrier billing market is segmented into Europe, North America, Asia Pacific, and the rest of the regions.