DUBLIN--(BUSINESS WIRE)--The "Global Direct Carrier Billing Platform Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The global direct carrier billing platform market is poised to grow by $40.67 billion during 2020-2024, progressing at a CAGR of 20% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the slow penetration rate of credit card in developing countries, rising popularity of subscription model of paid streaming services, and direct carrier billing enabling secure payments and convenience.
The study identifies the rising demand for OTT content as one of the prime reasons driving the direct carrier billing platform market growth during the next few years. Also, increasing adoption of blockchain technology and purchase of physical goods through direct carrier billing will lead to sizable demand in the market.
The global direct carrier billing platform market is segmented as below:
By End-user
- Apps and games
- Online media
- Others
By Geography
- North America
- South America
- Europe
- APAC
- MEA
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading direct carrier billing platform market vendors that include:
- Amdocs Ltd.
- Apigate Sdn. Bhd.
- Bango plc
- Boku Inc.
- Centili Ltd.
- Comviva Technologies Ltd.
- Digital Turbine Inc.
- DOCOMO Digital Ltd.
- Fortumo OU
- Oracle Corp.
Also, the direct carrier billing platform market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/xbyymy
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August 17, 2020 at 09:15PM
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Direct Carrier Billing Platform Market Study 2020-2024 - Rising Demand for OTT Content is the Chief Driver of Market Growth - ResearchAndMarkets.com - Business Wire
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