The US direct carrier billing platform market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The direct carrier billing platform is an internet-based payment system in which the payment is made via the internet. The rise of the direct carrier billing platform market is attributed to the rising demand and adoption of subscription-based digital content, rising internet penetration in the US, and an increasing level of live streaming videos on a daily basis.
The direct carrier billing platform market is expected to see a tremendous amount of growth due to the rise of digital content and OTT platforms and the increased usage of cloud computing technologies. Other forms of internet-enabled content, such as music and podcasts, are also available on OTT platforms. According to the State of Streaming data from Resonate, a supplier of AI-driven consumer data and analytics, the vast majority of the US consumers, which is 82% of the total population, watch some type of OTT video, with only 55% still viewing cable television.
Furthermore, the direct carrier billing platform is becoming increasingly popular since many online payment applications and others have been delivering small amounts of gift cards, cash back, and other incentives to long-term customers. As a result of these events, demand for direct carrier billing is increasing.
Merchants, carrier networks, and content creators make up the ecosystem of the direct carrier billing platform. A merchant’s benefit in this value chain is that partnering with a carrier network allows the former to have access to the latter’s larger client base. As a result, merchants with the partnership of direct carrier billing platform in the US generate more money.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Features
- By Authentication Type
- By Platform
Competitive Landscape– Google LLC,Microsoft, NTT DOCOMO USA, Inc., net Ltd., and NETWORLD MEDIA GROUP, among others.
A full report US Direct Carrier Billing Platform Market of is available at: https://orionmarketreports.com/us-direct-carrier-billing-platform-market/108695/
The US Direct Carrier Billing Platform Market Report by Segment
By Type
- Limited DCB
- Pure DCB
- MSISDN Forwarding
- PIN or MO Base Window
- Others
By Features
- Pre-Defined Window
- PIN Defined
- Mobile Originated and Mobile Terminated
- Others
By Authentic Type
- Single Factors Authentication
- Two Factor Authentication
By Platform
- Windows
- Android
- IOS
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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