Press release
Direct Carrier Billing Platform Market Size, Share, Growth & Trends 2024-2033 | Competitive Landscape
Direct Carrier Billing Platform Market Size
According to The Business Research Company's, The direct carrier billing platform market size has grown rapidly in recent years. It will grow from $30.82 billion in 2023 to $34.98 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to mobile penetration rates, digital content consumption, e-commerce transactions, regulatory support and compliance, and globalization of digital markets.
The direct carrier billing platform market size is expected to see rapid growth in the next few years. It will grow to $58.57 billion in 2028 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to demand for frictionless payment experiences, advanced technologies, enhanced security measures, global expansion of DCB platforms, and a rise in mobile commerce. Major trends in the forecast period include innovation in payment technologies, personalized user experience, collaboration with telcos, and enhanced security measures.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/direct-carrier-billing-platform-global-market-report
Market Drivers and Trends:
The increase in over-the-top (OTT) media is expected to propel the growth of the direct carrier billing platform market going forward. Over-the-top (OTT) media denotes the distribution of video, audio, and additional media content via the Internet directly to consumers without reliance on conventional distribution channels such as cable or satellite television services. The rising desire for an improved viewing experience with over-the-top (OTT) content is fueled by the diverse selection of content available, including movies, TV series, documentaries, and original programming, catering to a broad spectrum of preferences. DCB serves as a payment option for OTT services, allowing users to easily subscribe to and enjoy high-quality content, such as movies and live streams, by charging the costs directly to their mobile phone bills. For instance, in August 2022, according to a Media Nations report by the Office of Communications (Ofcom), a UK-based government regulatory and competition authority, 67% of UK homes were using subscription video-on-demand (SVoD) services, such as Netflix and Disney+, by the second quarter of 2020, an increase from 60% of UK homes that had resorted to subscription video-on-demand (SVoD) services by the third quarter of 2020. Therefore, the rising demand for over-the-top (OTT) content is driving the growth of the direct carrier billing platform market.
Major companies operating in the DNA diagnostics market are focused on developing innovative products, such as liquid biopsy tests, to detect various types of cancer at an early stage. A liquid biopsy is a minimally invasive medical test that detects and analyzes biomarkers, such as circulating tumor cells (CTCs), cell-free DNA (cfDNA), or exosomes, released into the bloodstream from tumors or other cells. For instance, in May 2023, Laboratory Corporation, a US-based healthcare diagnostics company, launched a new liquid biopsy test called LabCorp Plasma Focus, which identifies targeted therapies for patients with advanced or metastatic solid tumors. This test utilizes genetic sequencing to evaluate circulating cell-free DNA (cfDNA) released by tumor cells, allowing oncologists to personalize and improve patient care through targeted therapy plans.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15355&type=smp
Major Key Players of the Market:
Orange S.A., Vodafone Group Plc, Telefonica Limited, Thales Group, Bharti Airtel Limited, Emirates Telecommunications Group Company PJSC (Etisalat), Telenor Group, Amdocs Limited, Indosat Ooredoo PT, Dialog Axiata PLC, Infobip Ltd., Boku Inc., The Telecoming Group SL, Netsize S.A., Paymentwall Inc., Fortumo OÜ, Bango Inc., Mondia Group, DIMOCO Europe GmbH, txtNation Limited, T-Pay Mobile FZ-LLC, DOCOMO Digital Ltd., Zong Inc., Mobivate Limited, Mobiyo
Direct Carrier Billing Platform Market 2024 Key Insights:
• The direct carrier billing platform market size is expected to see rapid growth in the next few years. It will grow to $58.57 billion in 2028 at a compound annual growth rate (CAGR) of 13.8%.
• Expanding Direct Carrier Billing Platform Market Fueled By Rising Demand For Over-the-Top (OTT) Content
• Innovations in The Direct Carrier Billing (DCB) Platform Market To Enhance Financial Accessibility and Merchant Opportunities
• Asia-Pacific was the largest region in the direct carrier billing platform market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=15355&type=smp
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Direct Carrier Billing Platform Market Size, Share, Growth & Trends 2024-2033 | Competitive Landscape here
News-ID: 3701147 • Views: …
More Releases from The Business research company
Next-Gen Biometric Authentication Market Size Forecasted To Achieve $25.99 Billi …
The Next-Gen Biometric Authentication Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Next-Gen Biometric Authentication Market Size and Projected Growth Rate?
The market size for next-generation biometric authentication has seen an impressive increase in recent times. The market is projected to expand from…
Rising Cases Of Premature Births Driving Growth In The Market Due To Increasing …
The Necrotizing Enterocolitis Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Necrotizing Enterocolitis Market Size and Its Estimated Growth Rate?
The market for necrotizing enterocolitis has seen a robust expansion in recent years. Projected to escalate from $4.83 billion in 2024 to…
Multi-Axis Force Torque Sensor Market Forecast 2025-2034: Comprehensive Analysis …
The Multi-Axis Force Torque Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Multi-Axis Force Torque Sensor Market?
In recent times, the market size for the multi-axis force torque sensor has shown substantial growth. It is projected to expand…
Evolving Market Trends In The Metal Power Transmission Chain Industry: Innovativ …
The Metal Power Transmission Chain Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Metal Power Transmission Chain Market Size During the Forecast Period?
Recent years have seen a robust growth in the size of the metal power transmission chain market. Expected to…
More Releases for Direct
Direct Mail Automation Software Market Growth Holds Strong | Boingnet, Inkit, Di …
The ' Direct Mail Automation Software market' research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Direct Mail Automation Software market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Direct Mail…
Direct current-Direct Current Converter Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Direct current-Direct Current Converter analysis, which studies the Direct current-Direct Current Converter industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “Direct current-Direct Current Converter Market 2020-2025” Research Report categorizes the global Direct current-Direct Current Converter by key players, product type, applications and regions,etc. The report also covers the latest industry data,…
HLC Equity Launches Direct-To-Consumer Investment Platform: HLC Direct
HLC Equity, a leading real estate investment and management firm, is pleased to announce the formation of a direct-to-consumer real estate platform targeting high-growth and core investment opportunities. The platform, HLC Direct, will offer private investors the opportunity to invest alongside HLC Equity in institutional quality real estate investments managed by the HLC team.
HLC Equity’s current investors include private equity real estate companies, family offices, wealth advisors, and executive-level,…
Farm Direct Minnesota - Connecting Farmers Direct to Customers!
People have asked why I started "Farm Direct Minnesota.“ My answer is simple; to connect farmers and people.
I was seeing all the news of the farmers having to plow under crops, and of the farmer in Idaho who took all his potatoes and dumped them into a field, TONS of potatoes! But then he posted the location of his potatoes to his Facebook account and said that people…
Go Inspire Group study reveals relative performance of direct email versus direc …
(Leicester – 07 January 2018) New research data from Go Inspire Group offers marketers objective data on which to plan their channel strategy. The study, entitled “Hobson’s Choice” and run on scientific experimental principles, offers a comparison of campaign incremental revenue gains from direct email, direct mail, and a combination of both media. The results show that the best results are achieved by using both media in combination.
The second decade…
Global Direct Marketing Services Market, Direct Marketing Research Report – Re …
Clients are required for the success of any business, and attaining reliability with the extension of client list for business nourishment. Market Research Hub (MRH) has recently added a detailed report titled as “Global Direct Marketing Services Market Research Report 2017” to its vast database which studies and forecasts several factors related to market concerned with direct marketing services within the forecast period of 2017 to 2022.
Request a Free Sample…
