The increasing demand for utility in bill payments is expected to rise as the number of billed services, and individual avails is growing, this factor is estimated to encourage the direct carrier billing market. The escalating number of mobile subscribers is estimated to power the development of the direct carrier billing market in the coming period. The increasing usage of mobile payment methods is predicted to stimulate the direct carrier billing market in 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.
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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
The regional scrutiny of direct carrier billing market encompasses regions such as Europe, North America, Asia Pacific, and the rest of the regions. The European region, as per the analysis, is projected to govern the direct carrier billing market through the forecast period trailed by the North American region. In the European region, the market for direct carrier billing is increasing owing to the initiatives employed by the European Commission to control payment services and providers in the European Economic Area (EEA) and European Union (EU). The Asia Pacific region is projected to develop with the highest CAGR owing to more significant than before mobile penetration. The leading countries in APAC, such as China, India, Japan, and South Korea, are projected to raise the potential for growth in the coming years.
The segmental investigation of the direct carrier billing 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.
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