Overview and Scope
Direct carrier billing is a mobile payment method that allows consumers to make purchases by charging payments directly to their mobile phone bill or deducting them from the prepaid balance. This method eliminates the need for credit or debit cards and can be used for various digital goods and services, such as app purchases, in-game items, digital content, and subscriptions.
Sizing and Forecast
The direct carrier billing market size has grown rapidly in recent years. It will grow from $46.13 billion in 2023 to $52.67 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to mobile phone penetration, digital content consumption, expanding e-commerce and m-commerce, the rise of subscription-based services, and the expansion of mobile gaming.
The direct carrier billing market size is expected to see rapid growth in the next few years. It will grow to $90.56 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to the rise of digital subscriptions, focus on financial inclusion, growing preference for mobile-first experiences, enhanced user experience, and expansion into new verticals. Major trends in the forecast period include personalization and targeted marketing, contactless payments and NFC Integration, blockchain and cryptocurrency Integration, expansion into IoT and smart devices, and voice-activated payments.
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Segmentation & Regional Insights
The direct carrier billing market covered in this report is segmented –
1) By Type: Limited Direct Carrier Billing (DCB), Pure Direct Carrier Billing (DCB), MSISDN Forwarding, Other Types
2) By Authentication type: Single Factor Authentication, Two Factor Authentication
3) By End-User: Application And Games, Online Media, Other End-Users
Top 5 major Players:
North America was the largest region in the direct carrier billing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the direct carrier billing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increasing number of mobile phone users is expected to propel the growth of the direct carrier billing market going forward. Mobile phone users are individuals who utilize mobile devices to access telecommunications services, including voice calls, text messaging, internet browsing, and various mobile applications. The rising adoption of mobile phones is due to advancements in affordable smartphone technology and increasing internet penetration in emerging markets. Direct carrier billing simplifies in-app purchases on mobile phones by allowing users to charge transactions directly to the phone bill or prepaid balance, streamlining payment processes and enhancing accessibility. For instance, in February 2024, according to Uswitch Limited, a UK-based website, there were 71.8 million mobile connections in the UK in 2022, an increase of 3.8% from 2021. Therefore, an increasing number of mobile phone users is driving the growth of the direct carrier billing market.
Key Industry Players
Major companies operating in the direct carrier billing market report are Vodafone Group Plc; Telefónica; ZTE Corporation; Singtel; Telenor Group; Global Message Services AG; Amdocs Limited; Twilio Inc.; Infobip Ltd; Digital Turbine Inc.; OpenMarket Inc; Aeris Communications; Oxygen8 Communications UK Ltd; Boku Inc; Telecoming S.A.; BlueSnap; Paymentwall ; Logia Group; Bango plc; Fortumo OU; Comviva Technologies Limited; Centili Limited; TPay; ImpulsePay Limited ; Empello Ltd. ; QPay Europe SA
The direct carrier billing market report table of contents includes:
1. Executive Summary
2. Direct Carrier Billing Market Characteristics
3. Direct Carrier Billing Market Trends And Strategies
4. Direct Carrier Billing Market – Macro Economic Scenario
5. Global Direct Carrier Billing Market Size and Growth
….
32. Global Direct Carrier Billing Market Competitive Benchmarking
33. Global Direct Carrier Billing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Direct Carrier Billing Market
35. Direct Carrier Billing Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Direct Carrier Billing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Direct Carrier Billing Market, Segmentation By Authentication type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Direct Carrier Billing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Vodafone Group Plc Financial Performance
Table 75: Telefónica Financial Performance
Table 76: ZTE Corporation Financial Performance
Table 77: Singtel Financial Performance
Table 78: Telenor Group Financial Performance
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