DIMOCO country update: carrier billing market special Greece

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DIMOCO Greece Market Special

DIMOCO today published its new carrier billing special report covering the Greek market. The study shows Greece’s mobile handset penetration at 16.68 million, and that the country’s consumption of digital content in the areas of ePublishing, eGames, home videos and music is developing at a considerable rate. The report findings point to enormous profits for digital content merchants who integrate carrier billing into their checkout process.

 

 

DIMOCO’s “Carrier Billing Market Special Greece” is the company’s eighth-market analysis study and shows the following user trends:

• 16.68 million handsets (including 42.6 percent of smartphones) are available on the Greek market.
• Cosmote (with a market share of 43.05 percent), Vodafone (30.6 percent) and Wind (26.35 percent) are the three primary brands operating in the country’s mobile network. Overall, there is a total of 17.16 million mobile subscribers.
• Mobile handset penetration is an impressive 154.7 percent, while credit cards penetration rate is 11.6 percent.

“Greece is one of the top five carrier billing markets,” said Gerald Tauchner, DIMOCO president & CEO. “Our local presence combined with our know-how and support gives digital content providers the chance to successfully expand their businesses to the Greek market.”

 

 

Greek digital content market expectations:
The report cited Price Waterhouse Coopers’ “Entertainment and Media Outlook 2016-2020” on the future of the four main digital content segments in Greece, indicating strong growth across the board. Currently, eGames is the strongest segment in the market with 2015 revenues of 68.4 million euros. This sector will experience a growth rate of 1.6-times current numbers to reach 96.3 million euros in 2020, according to the report.

 

 

All regional DIMOCO Carrier Billing Market Reports (Hungary, France, Germany, Italy, Poland and Spain, as well as its broader European report) can be accessed at http://www.dimoco.eu/publications.html

Greece Market Special download here

Contact DIMOCO for further Greece carrier billing information:

T: +43 1 33 66 888-0, E: sales@dimoco.eu

DIMOCO trend update: Why is the fintech market growing so fast?

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DIMOCO Carrier Billing Trend Update

The velocity of growth in the fintech market is breathtaking. In 2015, global fintech investments reached $22.3 billion. That’s an astounding 75 percent jump from $12.7 billion in 2014, according to an Accenture study. Even more amazing, this commitment to financial technology doesn’t appear to be slowing in 2016. In this year’s first quarter, outlays in this sector reached $5.3 billion, which is a 67 percent improvement over the same period in 2015.

 

 

How has this sector gotten so hot?

 

 

1. The technology market boom: Broadly speaking, technology has been developing in directions that have paved the way for an expansion in financial technology. Breakthroughs with smartphones, phablets, wearables, applications, web platforms, cloud services and the internet of things along with more bandwidth and powerful mobile networks have opened the door for a host of fintech possibilities.

 

 

2. People want technological upgrades: Everyday, we’re exposed to new bits of tech that make our lives easier. There’s smart health, smart TV and even smart cities, to name a few. So why not smart financial services? It’s already happening in the way people use mobile banking to do their wire transfers and carrier billing to purchase their web content and services. But, consumers desire more.

 

 

3. New biz chances: As much as banking institutions are large administrative beasts burdened with so many day-to-day issues, they recognize that they must also think about tomorrow. They see all the technological advancements around them and recognize a business opportunity. Tech is the future, and they don’t want to be left behind.

 

 

4. Case study: Carrier billing is one of the best examples of fintech success. The ability to pay through a mobile network operator started more than 10 years ago. It was such a fintech innovation that it got many content providers into the digital market and, as a result, they saw their businesses grow. The trajectory carrier billing represents serves as an inspiration for fintech growth elsewhere. It’s a role model for new businesses looking to come up and find their place in the market.

 

 

What do you think of fintech? Why do you believe it’s growing so fast? We’d love to get your thoughts via Twitter, using #DIMOCO. You can also email us at hello@dimoco.eu

DIMOCO trend update: Fintech: What is mobile payments?

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Fintech: What is mobile payments?

Mobile payments, mobile banking, mobile money? The mobile payments market consits of various kinds of payments via mobile. Check our provided graph to get a better market understanding and contact DIMOCO to learn more about carrier billing – enabling your customers to pay their goods & service purchases. Contact us, now.

A2P SMS trend update: Why is the A2P messaging market growing so fast?

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A2P SMS future predictions

1. Time-sensitive messages: SMS are sent out within seconds. This helps companies to quickly and directly inform their target groups, e.g. systems alerts via text message improve quality of other services.

 
2. Online businesses: The more web platforms exist, the more there is a need for 2-factor authentication. One-time passwords sent via SMS give companies an opportunity to let their customers verify their accounts, confirm their wire transfer transactions and many other use cases to improve security standards.

 
3. Service- and sales-driven communication: Delivery alerts, shipment notifications, appointment reminders, discounts – the SMS communication channel is used to improve service quality and to increase sales efforts. A2P SMS are directly integrated within companies’ CRM systems and sent out automatically according to the defined requirements. SMS messaging (text messaging) is the communication

channel for reaching target groups — it’s the most trusted and effective one.

 

DIMOCO, defining the A2P messaging future.

Contact DIMOCO Messaging to know more about your A2P messaging opportunities.

Top 3 FINTECH Predictions

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Fintech Predictions

 

1. EVERY DIGITAL CHANNEL IS IMPORTANT: COMPANIES WILL INTEGRATE CARRIER BILLING ON MULTIPLE SCREENS.

 
2. EVERYONE WILL USE A DIGITAL PAYMENT METHOD: COMPANIES WILL BENEFIT FROM THE BROAD REACH OF CARRIER BILLING TO CHARGE THEIR ENTIRE TARGET GROUP.

 
3. MORE COMPANIES WILL REALIZE THE IMPORTANCE OF A SEAMLESS CHECK OUT PROCESS TO BOOST THEIR CONVERSION RATES.

 

 

DIMOCO Carrier Billing, defining the FINTECH future
Happy to get your thoughts via twitter #DIMOCO or email to hello@dimoco.eu

Top 3 A2P SMS Predictions

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A2P SMS Predictions

 

 

1. EVERY WEB PLATFORM WILL USE 2-FACTOR-AUTHENTICATION (2FA) SMS TO ADD AN ADDITIONAL SECURITY LAYER.
2. FROM CUSTOMER SERVICE TO CUSTOMER RETENTION – A2P SMS WILL BE USED THROUGH THE ENTIRE CUSTOMER LIFECYCLE.
3. MORE COMPANIES OF VARIOUS INDUSTRIES WILL RECOGNIZE THE IMPORTANCE OF A2P SMS AS AN UBIQUITOUS COMMUNICATION CHANNEL.

 

Happy to receive your thoughts via twitter #DIMOCO or email to hello@dimoco.eu

DIMOCO trend update: Multiple screens will drive digital content revenue in coming years

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Digital content revenues

Digital content revenues will increase from just less than USD 140 billion worldwide in 2015 to USD 180 billion in 2017, according to Juniper Research’s new white paper “Making Digital Content Pay”. As a leading payment institute for carrier billing, DIMOCO not only sees the same industry trend but also knows why it’s happening. The reason: A growing migration from physical to digital as well as a strong tendency from consumers to buy and use digital content on multiple screens.

 

Anticipating these industry changes, DIMOCO maneuvered nimbly, making the move to provide carrier billing on multiple screens. Juniper Research’s reinforces the foresight of this choice.

 

“As content migrates to digital,” the study explains, “there is an attendant trend away from content ownership and towards content access: it is perceived as far more critical to be able to say ‘listen to a song on multiple devices than to own it’. It also means that, increasingly, the device on which you pay for the content may not be the device on which you primarily access that content.”

 

Looking at the various digital content segments Juniper Research estimates games will continue to represent the largest share of digital content sales. Most notable in the report is the fact that video will have the strongest average annual growth level in the short and medium term. This will be another development in the shift from the linear viewing experience to a personalized, on-demand schedule. The second largest growth rates are anticipated in the ePublishing space.

 

The white paper is available to download from the Juniper website along with further details of the full research and the attendant Interactive Forecast Excel. To see what DIMOCO and Juniper Research estimate for “The Future of Carrier Billing in Europe”, including the entire digital content market potential with a payment method achieving up to 77 percent of conversion rates at first time transactions, download the Juniper Research & DIMOCO white paper.

 

Happy to hear your thoughts & questions about the future of digital content

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and payment via Twitter https://twitter.com/Dimoco #DIMOCO or email us at hello@dimoco.eu

DIMOCO trend update: 99% of text messages are opened within 3 min

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160517 Trend Update_99 of SMS are opened

Did you know that 22% of emails are opened within days, but 99% of text messages are opened within 3 minutes? 6.1 billion people use SMS frequently every month. Consumers love SMS and we love A2P messaging. Download DIMOCOs’ trend overview to know more about the A2P messaging market and contact us to know more about your A2P messaging opportunities.

DIMOCO trend update: What are the main drivers for the A2P messaging growth?

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A2P SMS drivers

The A2P SMS market value worldwide is expected to grow from USD 55 billion in 2015 to USD 60 billion in 2020 says Juniper Research. DIMOCOs’ new A2P messaging trend overview shows the main drivers of the A2P SMS market growth. To download a free copy of the “mobile messaging worldwide” poster please go to the: publications area on the DIMOCO website