Direct carrier billing is a form of technology that provides the telecom/communication service providers a payment option through which the consumers can directly pay their bills. The consumers have a n option of paying for their goods and services through a third party vendor/merchant/publisher through their mobile phone bills Owing to such trends, communication service providers have been partnering with the payment intermediaries in order to support large number of applications and developers. Current market for mobile payments globally is estimated to have reached more than $550 million. Direct carrier billing technology has significantly evolved over a couple of years to include payments for digital content. DCB has proven to be a safe and reliable mobile payment method owing to which global direct carrier billing market was valued at $XX million in 2015 is estimated to reach $XX million in 2022 with an anticipated growth at XX% CAGR during 2016-2022.
Carrier billing market have been gaining momentum across all the market including gaming, video on demand, music & movie, purchase of payment code and so on. The global market for direct carrier billing has been segmented on the basis on type, end use industry and application. Limited DCB, pure DCB, MSISDN forwarding, MSISDM forward window, PIN or MO base window and non-direct operator billing are the major type of direct carrier billing. By application, the market has been divided into value added services, web payments, app store and digital content, M commerce and others.
In terms of revenue contribution, Europe captured the largest market share in 2015, and is anticipated to retain its dominance in global direct carrier billing market over the next five years. Americas together held around one third of the global market share for direct carrier billing. Asia-Pacific DCB market is estimated to provide significant opportunities due to rising telecom sector, improved living standard and rising urbanization. Major players in this market include Microsoft, Google, Facebook, Netflex, Bango, Fortumo and others.