Press release
Direct Carrier Billing (DCB) Market Size to Grow at CAGR of 11.30% by 2032
Direct Carrier Billing (DCB) is an online mobile payment method that allows users to make purchases by charging payments to their mobile phone carrier bill. It is a mechanism that enables consumers to make transactions while adding the charge to their mobile phone bills. DCB is applicable not only to smartphone users but also to all feature phone users. It is widely used for billing in the entertainment industry, e-commerce, and various digital services, offering convenience.
The Direct Carrier Billing (DCB) market industry is projected to grow from USD 40,273.00 Million in 2023 to USD 105,550.10 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 11.30% during the forecast period (2023 - 2032).
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Top Key Players:
T-Mobile USA, Inc.
Centili
DIMOCO
net Ltd
Singtel
Swisscom telecommunication (Swisscom)
NTH Mobile
TxtNation
Infobip
Paymentwall
Boku Inc
Zong China Mobile
Telenor
Orange S.A.
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Key Features and Benefits of Direct Carrier Billing
Convenience and Accessibility: DCB is especially effective in developing countries and undeveloped areas where credit card usage is not widespread, catering to more than 1 billion unbanked or underbanked adults .
Conversion Rates: Merchants using DCB report up to 10x better conversion rates compared to credit cards, making it a favorable payment method for digital goods and services.
End-User Spend: The value of end-user spend on digital goods via carrier billing is expected to grow significantly, driven by the increasing adoption of smartphones, growing internet penetration rate, and rising demand for digital content .
Global Reach: DCB works across all mobile devices and is accessible to any user having a subscription or prepaid plan with a telecom operator, offering a seamless payment experience with immediate access to services .
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Conclusion
Direct Carrier Billing has emerged as a robust alternative payment method, offering convenience, accessibility, and significant market growth potential. With its increasing popularity and global reach, it is poised to transform the way users make digital purchases and interact with mobile value-added services.
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