Direct Carrier Billing Market Size Forecasted To Achieve $103.6 Billion By 2029 With Steady Growth

The Direct Carrier Billing 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 Direct Carrier Billing Market Size and Projected Growth Rate?
The size of the direct carrier billing market has seen a rapid increase over the recent years. The current projection is that it will expand from a $52.67 billion market in 2024 to a $60.45 billion one in 2025, a compound annual growth rate (CAGR) of 14.8%. The surge during the historic period can be credited to factors such as the proliferation of mobile phones, increased consumption of digital content, growth of e-commerce and m-commerce, emergence of subscription-based services, and the growing popularity of mobile gaming.

The market size for direct carrier billing is anticipated to experience a notable upsurge in the forecast years. By 2029, it is predicted to increase to $103.6 billion, with a 14.4% compound annual growth rate (CAGR). This growth during the forecast period is linked to the surge in digital subscriptions, initiatives towards financial inclusion, increased inclination toward mobile-centric experiences, improved user experience, and diversification into new areas. Key trends during the forecast period include tailored marketing and personalization, NFC Integration and contactless payments, integration of blockchain and cryptocurrency, expansion into the realm of IoT and smart devices, and voice-based payment systems.

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What Are the Major Segments in the Direct Carrier Billing Market?
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

Subsegments:
1) By Limited Direct Carrier Billing (DCB): Low-Value Transactions, Short-Term Services, Prepaid Services
2) By Pure Direct Carrier Billing (DCB): Full-Service Billing, Subscription-Based Services, Premium Content Services
3) By MSISDN Forwarding: Authentication-Based Billing, SMS-Based Payments, Phone Number Linking
4) By Other Types: Hybrid Billing Models, Microtransactions, Cross-Border Billing

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What Are The Driving Direct Carrier Billing Market Evolution?
The anticipated growth of the direct carrier billing market is attributed to the increasing population of mobile phone users. Such users leverage mobile gadgets to access a range of telecommunication services, including voice calls, text messages, internet access, and various mobile apps. The surge in mobile phone usage can be tied to the advancements in cost-effective smartphone technologies and the growing internet uptake in developing markets. Direct carrier billing has simplified mobile in-app purchases by enabling users to bill transactions directly to their phone bills or prepaid balances, making payments easier and more accessible. For instance, Uswitch Limited, a UK-based website, reported that in February 2024, the UK recorded 71.8 million mobile connections in 2022, an increase of 3.8% from 2021. Therefore, the growing number of mobile phone users is a key driver for the expansion of the direct carrier billing market.

Which Firms Dominate The Direct Carrier Billing Market Segments?
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

What Trends Are Expected to Dominate the Direct Carrier Billing Market in the Next 5 Years?
Leading corporations in the direct carrier billing industry are looking to distinguish themselves by creating unique offerings, such as direct carrier billing for mobile video games. This payment solution allows mobile app gamers to make purchases in-app and quickly charge it to their mobile service bill or subtract it from their prepaid credit. For example, TPay, a mobile payments platform from the UAE, kicked off direct carrier billing for PUBG Mobile in Egypt in January 2024. This was done in partnership with Tencent Holdings Ltd., a tech firm based in China, enabling users to buy in-game currency with ease. With this approach, there's no need for credit cards or other conventional payment systems and users gain instant access to the service through a single click. This service is available to all users with a mobile contract or prepaid scheme.

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Which Is The Largest Region In The Direct Carrier Billing Market?
North America was the largest region in the direct carrier billing market in 2024. 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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Direct Carrier Billing Market?
2. What is the CAGR expected in the Direct Carrier Billing Market?
3. What Are the Key Innovations Transforming the Direct Carrier Billing Industry?
4. Which Region Is Leading the Direct Carrier Billing Market?

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