North America Direct Carrier Billing Market: Simplifying Mobile Payments for the Digital Economy
The North America direct carrier billing market is poised for robust growth as digital content consumption, mobile commerce, and app-based purchases continue to surge. With its simplicity, enhanced security, and the ability to reach users without bank accounts, direct carrier billing (DCB) has become an indispensable payment method for both consumers and businesses. Market Overview The North America direct carrier billing market was valued at US$ 3,980.2 million in 2019 and is projected to grow to US$ 7,688.5 million by 2027 , registering a CAGR of 8.7% from 2020 to 2027 . The market’s upward trajectory is fueled by increased smartphone penetration, demand for frictionless payment solutions, and the rising popularity of subscription-based digital services. Key Market Drivers Growing Digital Content Ecosystem The rise of mobile gaming, video streaming platforms like Netflix and Disney+, and music services such as Spotify is prop...