Growth of Direct Carrier Billing Platform Market to Be Impacted by the Rising Demand for OTT Content | Technavio
LONDON--(BUSINESS WIRE)--Oct 10, 2019--
The report, direct carrier billing platform market 2019-2023, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on end-user (apps and games, online media, and others) and geography (APAC, North America, Europe, South America, and MEA) for the forecast period 2019-2023.
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Technavio has announced its latest market research report titled global direct carrier billing platform market 2019-2023. (Graphic: Business Wire)
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The report on the direct carrier billing platform market includes:
Direct carrier billing platform market analysis and forecast 2019-2023: Features
Direct Carrier Billing Platform Market 2019-2023: Competitive landscape
Direct Carrier Billing Platform Market Landscape 2019-2023: Geographic Landscape
Direct Carrier Billing Platform Market Landscape 2019-2023: End-User
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Slow penetration rate of credit card in developing countries will drive the direct carrier billing platform market
There is a high rate of cell phone ownership in countries in MEA which has resulted in the increasing need for digital content. Direct carrier billing platform enable the purchase of digital content subscriptions without the need for mobile payment methods or credit cards. Slow penetration rate of credit cards in developing nations increases the need for direct carrier billing services because it provides faster checkout times and increased currency conversion rates.
Rising demand for OTT content – An emerging trend in the direct carrier billing platform market
The lack of quality content over TV and the penetration of high-speed internet has led to an increase in the adoption of OTT content. Smartphones are currently the major platforms for the consumption of OTT content. The growing popularity of OTT services has induced many network service providers to adopt direct carrier billing as a payment method, which will boost the market growth.
Other Key Topics Covered in the Report are:
DRIVERS AND CHALLENGES
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PUB: 10/10/2019 10:30 PM/DISC: 10/10/2019 10:31 PM