Asia-Pacific Direct Carrier Billing Market
No. of Pages: 110 | Report Code: TIPRE00012097 | Category: Technology, Media and Telecommunications
No. of Pages: 110 | Report Code: TIPRE00012097 | Category: Technology, Media and Telecommunications
The direct carrier billing market in Asia-Pacificis expected to grow from US$ 13,504.4 million in 2019 to US$ 35,700.1 million by 2027; it is estimated to grow at a CAGR of 13.1% from 2020 to 2027.
Asia appears to be an encouraging landscape for the direct carrier billing companies. Mobile phonesare becoming a key device for enjoying content and acceptability to use alternative payment platform direct carrier billing is impacting the growth of market in Asia. South Korea and Japan are prominent countries for direct carrier billing in Asia-Pacific. The billing method has become mainstream and is heavily adopted in these countries. The telcos are identifying the potential of direct carrier billing and therefore are involved into making profitable and strategic partnerships with Appstore. In addition, Google Play, App Store, Spotify, and Netflix are among the major OTT providers in Asian countries,leveraging direct carrier billing. Indonesia, Taiwan, Malaysia, Thailand, and the Philippines are few countries witnessing collaboration between mentioned OTT providers and telcos for direct carrier billing. As per the carrier billing report of Fortumo on Asian market, while charging for various digital services, service providers confront with issuesby low bank cards ownership. In May 2020, Bango, a mobile internet payments company, expanded its imprints in the Asian market. Its direct carrier billing function in the Google Play store has been allowed for new operators such as Sun Mobile in Hong Kong. This has enabled the mobile commerce group of Hong Kong to pay for services and content in Google Play via Bango Platform.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive thedirect carrier billing market. The Asia-Pacificdirect carrier billing market is expected to grow at a good CAGR during the forecast period.
Strategic insights for the Asia-Pacific Direct Carrier Billing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 13,504.4 Million |
| Market Size by 2027 | US$ 35,700.1 Million |
| Global CAGR (2020 - 2027) | 13.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia-Pacific Direct Carrier Billing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Asia-Pacific Direct Carrier Billing MarketSegmentation
Asia-Pacific Direct Carrier Billing Market,by Type
Asia-Pacific Direct Carrier Billing Market,byPlatform
Asia-Pacific Direct Carrier Billing Market,by EndUser
Asia-Pacific Direct Carrier Billing Market,by Country
Asia-Pacific Direct Carrier Billing Market – Companies Mentioned
The List of Companies - Asia-Pacific Direct Carrier Billing Market
The Asia-Pacific Direct Carrier Billing Market is valued at US$ 13,504.4 Million in 2019, it is projected to reach US$ 35,700.1 Million by 2027.
As per our report Asia-Pacific Direct Carrier Billing Market, the market size is valued at US$ 13,504.4 Million in 2019, projecting it to reach US$ 35,700.1 Million by 2027. This translates to a CAGR of approximately 13.1% during the forecast period.
The Asia-Pacific Direct Carrier Billing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Direct Carrier Billing Market report:
The Asia-Pacific Direct Carrier Billing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia-Pacific Direct Carrier Billing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia-Pacific Direct Carrier Billing Market value chain can benefit from the information contained in a comprehensive market report.
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