The analysts forecast the Global Direct Carrier Billing Market to grow at a CAGR of 8.88% during the period 2018-2022.
Direct carrier billing (DCB) is a technology that enables consumers to make third-party payments through mobile bills. This technology enables the consumers to purchase merchandise and services from online stores that support this payment option.
The report covers the present scenario and the growth prospects of the direct carrier billing market. To calculate the market size, the report considers the revenue generated from the sales to end-users such as mobile applications and games, online media, and others.
The increasing popularity of cryptocurrencies will be a key trend driving the market growth. Cryptocurrencies are virtual money with financial value and can be used for payments and shopping among others. Several payment companies are attempting to convince customers to use cryptocurrencies for payments and merchants to accept them.
The increasing consumers for digital content will drive the market growth. DCB permits wireless subscribers of telecommunication networks to consume digital content through the Internet. With the rising number of portable devices promoting digital media and increasing speed of the Internet, several consumers can access various digital content at their convenience.
The report states that the intense competition from alternative payment technologies will impact the market growth. Payment technologies such as payment wallet apps, credit cards, debit cards, and internet banking, challenge the growth of the global DCB market. With the rapid technological changes and emergence of disruptive technologies, consumers are changing the way of using online payment options.
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape 5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/cvgslk/global_direct?w=4