According to SPER Market Research, the Direct Carrier Billing Platform Market is connected through the direct carrier billing (DCB) infrastructure. The platform links suppliers to the e-billing, character, and deals frameworks of mobile network providers. It also assists vendors in providing DCB, attracting customers, and retaining them as loyal, paying customers for the products and services offered through direct carrier billing flexible payment method. Direct carrier billing (DCB), often referred to as operator billing, is a straightforward payment mechanism that lets users pay for online goods, solutions, services, and content using a select number of gadgets, such as tablets, smartphones, and Smart TVs. Customers are able to make purchases thanks to the innovation of portable instalments, which charges the amount to their monthly portable payment. The world’s quick technology innovation and growing adoption of it are some of the key growth factors for the direct carrier billing platform market.
The COVID-19 issue also facilitated the growth of companies involved in e-commerce, video conferencing, and mobile payments. Digital services, especially streaming music and video, have seen a rapid rise in demand over the past several months. The number of people purchasing online applications and games has increased, much like the number of people working from home and residing indoors. All of these factors are anticipated to have an impact on the growth of the global direct carrier billing market, especially in recent years, depending on how long the pandemic lasts. The worldwide factory shutdowns, travel bans, and border lockdowns caused by COVID-19 halt and control the transmission have affected every sector and economy.
Direct Carrier Billing Platform Market Overview:
- Forecast CAGR (2022-2032): 14.96%
- Forecast Market Size (2032): 0.39 billion
Impact of COVID-19 on the Global Direct Carrier Billing Platform Market:
The COVID-19 problem was also helpful for the expansion of businesses engaged in e-commerce, video conferencing, and mobile payments. In the last few months, there has been a sharp increase in demand for digital services, particularly streaming video and music. Similar to how more individuals are working from home and living indoors, more people are buying online apps and games. Depending on how long the epidemic lasts, all of these variables are expected to have an influence on the worldwide direct carrier billing market’s expansion, particularly in previous years. COVID-19 stop and control the transmission, every industry and economy have been touched by the global manufacturing closures, travel restrictions, and border lockdowns. Cancellations of technology conferences and industry meetings, closures of factories and offices, and a decline in economic activity are a few of the significant issues the sector is dealing with. Global travel restrictions enforced by nations in Europe, Asia Pacific, North America, and other regions are preventing businesses from collaborating and forming partnerships.
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Direct Carrier Billing Platform Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
- Limited DCB
- MSISDN Forwarding
- Pure DCB
By End User:
- Application and Games
- Online Media
- Middle East
- North America
- Latin America
This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
Direct Carrier Billing Platform Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Bango Plc, Boku Inc, Centili, Comviva, Digital Turbine, Dimorco, Fortumo Ou, Mobiyo, NTT Docomo, Singtel, ZONG.
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Sara Lopes, Business Consultant – USA
SPER Market Research