The direct carrier billing platform market share in the US will post an incremental growth of USD 3.57 billion, progressing at a CAGR of 20.5% during the forecast period. The growth of e-commerce will offer immense growth opportunities to market vendors. The direct carrier billing platform market in the US is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Direct Carrier Billing Platform Market in the US by End-user and Market Participants - Forecast and Analysis 2021-2025” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The direct carrier billing platform market in the US is segmented by end-users (apps and games, online media, and others) and market participants (content creators, merchants, carrier networks, and platform providers).
The growth of the direct carrier billing platform market size in the US by the apps and games segment will be significant during the forecast period. The growth of the market is attributed to the increasing use of the direct carrier billing platform payment method in the gaming industry, which includes mobile as well as consoles.
The growth of e-commerce will directly influence the direct carrier billing platform market in the US. In addition, the growing demand for mobile identity solutions is one of the major direct carrier billing platform market trends in the US that will positively impact the market growth. However, factors such as the ban on shortcode billing or premium SMS will hamper the direct carrier billing platform market growth in the US.
The market is fragmented due to the presence of several players. Some of the major direct carrier billing platform market vendors in the US are Amdocs Ltd., Apigate Sdn Bhd, Bango Plc, Boku Inc., Centili Ltd., Comviva Technologies Ltd., Digital Turbine Inc., DOCOMO Digital Ltd., Fortumo OU, and Oracle Corp.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2021-2025.
CAGR of the direct carrier billing platform market in the US forecast during 2021-2025.
Market-level data on units, average selling prices, and values of the direct carrier billing platform market in US share.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the direct carrier billing platform market in the US.
Direct carrier billing platform industry growth across the US.
