Dublin, July 30, 2020 (GLOBE NEWSWIRE) -- The "Asia-Pacific Direct Carrier Billing Market to 2027- COVID-19 Impact and Regional Analysis by Type, Platform, End User, and Country" report has been added to ResearchAndMarkets.com's offering.
The direct carrier billing market in Asia-Pacific is expected to grow from US$ 13,504.4 million in 2019 to US$ 35,700.1 million by 2027; it is estimated to grow at a CAGR of 13.1% from 2020 to 2027. The direct carrier billing market has escalated at an exceptional rate over the years in developed as well as developing countries. The widespread adoption of smartphones is a key factor influencing the direct carrier billing market. In the modern era, a significant percentage of the global population still lacks access to basic financial technologies, such as debit and credit cards. With an objective to empower the individuals under this category, several FinTech companies are investing substantial amounts in developing robust and easy-to-use technologies. The continuous innovation is benefiting the individuals with advanced systems and payment methods. Prior to the introduction of smartphones, the direct carrier billing concept was restricted to the purchase of wallpapers and ringtones. However, with the evolution of smartphones, the users are now able to purchase various digital content, including apps, games, features, and tokens, among others, in a user-friendly manner.
The iOS platform is projected to register the highest CAGR in the Asia-Pacific direct carrier billing market during 2020-2027. There are various countries where customers can pay for app store purchases through direct carrier billing. When direct carrier billing is utilized as a payment method, any app subscriptions, Apple Music, and other digital purchases done on Mac App Store, iTunes Store, iBooks Store, and App Store, the bill get conveniently charged to a monthly mobile phone bill or else subtracted from users' prepaid amount. Increasing adoption of direct carrier billing in iOS phones or gadgets is nurturing the market growth. In addition to app store purchases, various other subscription-based services such as Netflix, Spotify, and Amazon Prime Video are being purchased by customers using carrier billing on their iOS devices.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific direct carrier billing market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific direct carrier billing market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Direct Carrier Billing Market - By Type
1.3.2 Direct Carrier Billing Market - By Platform
1.3.3 Direct Carrier Billing Market - By End User
1.3.4 Direct Carrier Billing Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Direct Carrier Billing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific
4.3 Ecosystem Analysis
5. Direct Carrier Billing Market - Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Direct Carrier Billing Market - Asia-Pacific Analysis
6.1 APAC: Direct Carrier Billing Market
6.1.1 APAC: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
7. Direct Carrier Billing Market Analysis - By Type
7.1 Overview
7.2 APAC: Direct Carrier Billing Market, By Type
7.3 Limited DCB
7.4 Pure DCB
7.5 MSISDN Forwarding
7.6 PIN or MO Base Window
8. Direct Carrier Billing Market Analysis - By Platform
8.1 Overview
8.2 APAC: Direct Carrier Billing Market, By Platform
8.3 iOS
8.4 Android
8.5 Other Platforms
9. Direct Carrier Billing Market Analysis - By End User
9.1 Overview
9.2 APAC: Direct Carrier Billing Market, By End User
9.3 Apps and Games
9.4 Online Media
9.5 Other End Users
10. Direct Carrier Billing Market - Country Analysis
10.1 Asia-Pacific (APAC): Direct Carrier Billing Market
10.1.1 APAC: Direct Carrier Billing Market, By Country
10.1.1.1 Australia: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2 China: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3 India: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.4 Japan: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.5 South Korea: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.6 Rest of APAC: Direct Carrier Billing Market - Revenue and Forecast to 2027 (US$ Million)
11. Direct Carrier Billing Market- COVID-19 Impact Analysis
11.1 Asia-Pacific
12. Industry Landscape
12.1 Market Initiative
13. Company Profiles
13.1 Bango PLC
13.2 Boku, Inc.
13.3 Centili
13.4 Comviva Technologies Limited
13.5 Fortumo
13.6 TELECOMING S.A.
13.7 txtNation Limited
For more information about this report visit https://www.researchandmarkets.com/r/5aqwxx
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Asia-Pacific Direct Carrier Billing Market 2020: COVID-19 Impact & Regional Analysis - GlobeNewswire
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