Dublin, Aug. 16, 2024 (GLOBE NEWSWIRE) -- The "Direct Carrier Billing (DCB) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Direct Carrier Billing (DCB) is estimated at US$38.1 Billion in 2023 and is projected to reach US$77.2 Billion by 2030, growing at a CAGR of 10.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Direct Carrier Billing market is driven by several factors, including the increasing use of smartphones, the expanding availability of digital content, and the rising demand for convenient payment methods. The proliferation of smartphones has created a vast user base that relies on mobile devices for various transactions, making DCB an attractive option.
Additionally, the surge in digital content consumption, fueled by the popularity of streaming services, mobile gaming, and in-app purchases, has significantly boosted DCB transactions. Consumer behavior trends show a preference for quick and easy payment solutions, particularly among younger demographics who are more inclined to use mobile technology.
Technological advancements, such as improved network speeds and more secure billing platforms, have also played a crucial role in the growth of the DCB market. Furthermore, strategic partnerships between mobile operators, content providers, and payment processors have enhanced the DCB ecosystem, driving its adoption and integration across various sectors. These factors collectively contribute to the expanding footprint of DCB in the global payment landscape.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Direct Carrier Billing (DCB) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Direct Carrier Billing (DCB) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Android Platform segment, which is expected to reach US$46.9 Billion by 2030 with a CAGR of a 11.3%. The iOS Platform segment is also set to grow at 9.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $10.4 Billion in 2023, and China, forecasted to grow at an impressive 13.6% CAGR to reach $15.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Bango.net Limited, Centrum Technologii Mobilnych Mobiltek sp. z o.o, Digital Virgo, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 250 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $38.1 Billion |
Forecasted Market Value (USD) by 2030 | $77.2 Billion |
Compound Annual Growth Rate | 10.6% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Direct Carrier Billing (DCB) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Use of Mobile Payments Drives Market Growth
- Rising Adoption of Digital Content and Services Expands Market Opportunities
- Technological Advancements in Billing Platforms Propel Market
- Focus on Enhancing Payment Convenience Strengthens Business Case
- Growing Use in Emerging Markets Spurs Innovation
- Emphasis on Reducing Payment Friction Enhances Product Appeal
- Expansion of Mobile Gaming and Streaming Services Sustains Demand
- Integration with Mobile Wallets and Fintech Solutions Expands Addressable Market
- Increasing Investment in Digital Payment Infrastructure Drives Adoption
- Focus on Compliance with Payment Regulations Propels Market Growth
- Advances in Security and Fraud Prevention Technologies Propel Market
- Rising Use in Subscription-Based Services Generates Interest
- Growing Awareness About DCB Benefits Expands Market Scope
- Focus on Cost-Effective and Scalable Billing Solutions Enhances Market Position
FOCUS ON SELECT PLAYERS (Total 86 Featured)
- Bango.net Limited
- Centrum Technologii Mobilnych Mobiltek sp. z o.o
- Digital Virgo
- Evina SAS
- IBU Digital ltd
- Identity Infotech
- Kaleyra Inc
- Mobivate
- Monty Mobile
- Netvariant
- NomuPay
- NTH AG
- Telenity Inc
- Telenor Linx
- TIMWETECH
- Wister SAS
For more information about this report visit https://www.researchandmarkets.com/r/93wpgy
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