The US, Canada, and Mexico are major economies in North America. Direct carrier billing is substituting premium SMS as the method for billing content and services subscribed on mobile phone accounts. Direct carrier billing has become a robust driving factor for the sale of digital products and services on mobile. It offers a better user experience than other payment methods and enables operators to mitigate their exposure to fraud and risk associated with the payment processing. The growing adoption of smartphones and rising number of mobile subscribers are a few of the significant factors driving the North America direct carrier billing market in the region. Several digital content providers are trusting on carrier billing as an increasing amount of their users are located in this market. The direct carrier billing solutions boost the growth of gamingservice providers and e-sports companies in North America, which are focused on maximizing player and viewer. Further, the surge in the importance of mobile gaming, increase in demand for over-the-top (OTT) content, and rise in the penetration of smartphones are a few of the crucial factors that are likely to drive the growth of the direct carrier billing market in North America.
With the newfeatures and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive thedirect carrier billing market. TheNorth America direct carrier billing marketis expected to grow at a good CAGR during the forecast period.
Report Attribute | Details |
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Market size in 2019 | US$ 3,980.2 Million |
Market Size by 2027 | US$ 7,688.5 Million |
Global CAGR (2020 - 2027) | 8.7% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
The List of Companies -North America Direct Carrier Billing Market