Global Direct Carrier Billing market is forecast to reach $52.7 million by 2025, growing at a CAGR of 10.5% during the forecast period from 2020 to 2025. The rising growth towards digital content platforms along with increased transparency and customer satisfaction are some of the major drivers towards significant market growth of direct carrier billing. Moreover, growing digitalization as well as increasing smartphones user penetration isalso impacting the demands towards direct carrier billing market.

The report: “Direct Carrier Billing Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Direct Carrier Billing Market.

By Platform Type: Android, Ios, and Windows

By End User: Gaming, Video Content, Movie and Music, Others

By Type: Limited DCB, Pure DCB, Pin or MO based Window, MSISDN Forwarding, Others

By Application: Mobile commerce, web payments, App store and digital content, Others

By Geography:North America (U.S, Canada and Mexico), South America (Brazil, Argentina and Rest of South America), Europe (U.K, Germany, Italy, France and Rest of Europe), Asia Pacific (China, Japan, India, South Korea,Australia and Rest of APAC),RoW (Middle East and Africa)

On the basis of platform, Android has been facing high market dominance during 2019 and is anticipated to have a significant growth towards direct carrier billing market during the forecast period. Due to growing affordability of low cost android phones, major market players such as Google and many others have been investing towards providing such billing options across Android platforms. Moreover, many android based games offers access and downloading options only through purchasing of such game applications through online payments,  thus creating major demands towards  direct carrier billing market. Since android devices are more popular, activities such as paying games, entertainment or making shopping purchases is more effective, thus driving the investments towards making direct carrier billing systems within android servers. Moreover, rising online media surfing and digitalization has been equally boosting the growth of direct carrier billing market.

Asia Pacificis expected to have a major growth in the global direct carrier billing market during the forecast period from 2020 to 2025. High investments towards research and development activities along with growing Smartphone penetration has been fuelling the growth for direct carrier billing market in this region. Moreover, availability of affordable smartphones along with growing popularity towards digital content platforms is also causing a positive impact on the market growth of Direct Carrier Billing in this region.Governmental initiatives towards increasing the adoption of digital methods have helped in causing major growth across the region.Growing usage of direct carrier billing systems for reducing the deployment of trading billing systems are  helping in driving the market demands in the region. As a part of governmental scheme towards improving digitalization, India had started with the fuel subsidy program, which was considered as the largest cash transfer program. This program was meant to pay the cooking gas consumers the subsidy directly in their bank accounts, thus helping them to save massive amounts. Such factors are also causing higher adoptability towards direct carrier billing market in this region.

Rising demands towards digital content platforms have been acting as a major driver towards the significant growth of direct carrier billing market. With the rising growth of digital media, platforms such as YouTube, Netflix, Hotstar and many others have been highly surging across various countries. Since these platforms offers features like premium options and many more, which offer extra advantages to the users, demands towards online payment modes are getting highly popular. Moreover, such digital platforms are providing proper authentication and easy interface towards digital carrier billing, thus helping the users to easily access their accounts for making payments securely and more safely. Direct carrier billing options are getting highly popular as many of the online payment applications and many others have been offering minimum amounts of gift cards, cash backs and many such benefits for the long time users. Such factors are helping in boosting the demands towards direct carrier billing market.

The demands towards direct carrier billing market have been rising due to its capabilities of providing increased transparency and customer satisfaction.With growing digitalization, users are shifting towards online payments due to lesser complexity and acting as a time efficient solution. Traditional options such as checks, drafts and cash are getting outdated as these methods are time consuming as well as require the functioning of governmental bodies. Usage of digital carrier billing solutions have been helping the users to make payments even on the days of bank holidays as well as making bill payments for shopping, electricity, and many others efficiently within a single click, thus improving customer satisfaction. Governmental efforts in order to adopt digital carrier billing to improve digitalization across countries has been also creating its dominance by retailers, shopkeepers and many vendors. Since the interface of the digital carrier billing solutions provide the financial details within a same pace, customers get transparent information regarding their expenses. This helps in keeping a proper track of the payments made by the user along with requirement of carrying high amount of cash while going for travelling, shopping and many others.

Security and privacy concerns are acting as one of the major challenge towards hampering the market growth of direct carrier billing.Since the rate of cyber crimes have been reportedly raising, security threats regarding online mode of payments are creating a major impact on the adoption towards direct carrier billing markets. Deployment of such direct carrier billing platforms provides authentication by securing the bank account details and personal details, any kind of loss of such data can have a negative impact for the end users. Data hacking, frauds and many such serious crimes have been growing as the systems are not highly secured to resist such attacks. Moreover, accessing of such sensitive information has been becoming easier due to technological advancements as well as their incapability of providing more efficient security tools. Such factors are causing lesser adoption of online payment modes prior to high risks and financial losses, restraining the market growth of direct carrier billing.

Partnerships and acquisitions along with product launches are the key strategies of the players in the Direct Carrier Billing Market. The major key players in the Direct Carrier Billing Market include Boku Inc., Bango Plc, Dimoco, Comviva, Fortumo, NTT Docomo Inc., Centili, Google, Orange S.A and Mobiyo.