Market Overview:
The global master recharge API market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online recharges across different geographies. In addition, the growing penetration of smartphones and other connected devices is also contributing to the growth of this market. The global master recharge API market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into prepaid mobile recharge, postpaid mobile recharge, DTH recharge, and others. On the basis of application, it can be classified into electricity recharges, insurance recharges gas recharges,, and others). Region-wise,. it can be segmented into North America,, Latin America Europe Asia Pacific ,and Middle East & Africa ).
Product Definition:
Master recharge API is a web based interface which enables the merchants to recharge their customer's mobile number from their website.This interface provides an easy way for the merchant to get started with recharging their customer's mobile number without having to go through any complicated process.The importance of this API is that it makes the recharging process easier for both the merchant and the customer.
Prepaid Mobile Recharge:
Prepaid mobile recharge is a facility where the customer can add value to his/her mobile account by purchasing pre-activated coupons or using credits. The service allows customers to top up their accounts with a certain amount of money and use these credits for calling, messaging, data usage and other services. The global market is expected to grow at an estimated CAGR of XX% from 2018 - 2025.
Postpaid Mobile Recharge:
Postpaid mobile recharge is a facility where the customer can pre-load a post-paid account with Mobile Network Operators (MNOs). The MNO allows the customer to add funds to the account and use it for making calls, sending SMS and data usage. It also helps in reducing billing errors by providing detailed information about each transaction.
Application Insights:
The electricity application segment led the global master recharge API market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to increasing demand for electricity across developing countries, such as China and India. Moreover, growing investments by foreign companies in power distribution and retailing infrastructure are expected to propel industry growth over the coming years.
Prepaid mobile recharge is majorly used for short-distance travel while postpaid mobile recharge is majorly used for local travel within a particular region or city area. However, DTH recharges are majorly used throughout the day as these services provide continuous access to Internet through satellite TV connections, which enables consumers access their accounts and top-up from anywhere in the world with ease and convenience.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing smartphone penetration and changing lifestyles of individuals, leading to an increased demand for data services such as mobile internet. According to GSMA, in 2017, there were 1.9 billion internet users in Asia Pacific and this number is anticipated to reach 2.7 billion by 2025 at a CAGR of XX% from 2017’s figure.
The European region occupied second position after Asia Pacific with respect its revenue share owing largely postpaid subscribers who have been traditionally valued for their loyalty towards service providers thus driving industry growth across this region especially Western Europe countries such as Germany.
Growth Factors:
- Increasing demand for mobile recharge and utility bill payments
- Rising number of online shoppers and e-commerce businesses
- Proliferation of digital modes of payment
- Growing popularity of prepaid plans among consumers
- Rapid expansion of the telecom sector in India
Scope Of The Report
Report Attributes
Report Details
Report Title
Master Recharge API Market Research Report
By Type
Prepaid Mobile Recharge, Postpaid Mobile Recharge, DTH Recharge, Others
By Application
Electricity, Insurance, Gas, Others
By Companies
Ezetop, Cyberplat, Cyrus Technoedge, Euronet Worldwid, Jolo, Crowdfinch, Axis Softech, Recharge Handa (Handa Enterprises), Indian Web Technologies (IWT), Pixyrs Softech, Pointer Soft Technologies, MyRecharge, Xtracare IT Solution, LBS Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Master Recharge API Market Report Segments:
The global Master Recharge API market is segmented on the basis of:
Types
Prepaid Mobile Recharge, Postpaid Mobile Recharge, DTH Recharge, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electricity, Insurance, Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ezetop
- Cyberplat
- Cyrus Technoedge
- Euronet Worldwid
- Jolo
- Crowdfinch
- Axis Softech
- Recharge Handa (Handa Enterprises)
- Indian Web Technologies (IWT)
- Pixyrs Softech
- Pointer Soft Technologies
- MyRecharge
- Xtracare IT Solution
- LBS Software
Highlights of The Master Recharge API Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prepaid Mobile Recharge
- Postpaid Mobile Recharge
- DTH Recharge
- Others
- By Application:
- Electricity
- Insurance
- Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Master Recharge API Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Master Recharge API is a platform that allows developers to recharge their customers' mobile phone bills.
Some of the major players in the master recharge api market are Ezetop, Cyberplat, Cyrus Technoedge, Euronet Worldwid, Jolo, Crowdfinch, Axis Softech, Recharge Handa (Handa Enterprises), Indian Web Technologies (IWT), Pixyrs Softech, Pointer Soft Technologies, MyRecharge, Xtracare IT Solution, LBS Software.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Master Recharge API Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Master Recharge API Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Master Recharge API Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Master Recharge API Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Master Recharge API Market Size & Forecast, 2018-2028
4.5.1 Master Recharge API Market Size and Y-o-Y Growth
4.5.2 Master Recharge API Market Absolute $ Opportunity
Chapter 5 Global Master Recharge API Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Master Recharge API Market Size Forecast by Type
5.2.1 Prepaid Mobile Recharge
5.2.2 Postpaid Mobile Recharge
5.2.3 DTH Recharge
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Master Recharge API Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Master Recharge API Market Size Forecast by Applications
6.2.1 Electricity
6.2.2 Insurance
6.2.3 Gas
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Master Recharge API Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Master Recharge API Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Master Recharge API Analysis and Forecast
9.1 Introduction
9.2 North America Master Recharge API Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Master Recharge API Market Size Forecast by Type
9.6.1 Prepaid Mobile Recharge
9.6.2 Postpaid Mobile Recharge
9.6.3 DTH Recharge
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Master Recharge API Market Size Forecast by Applications
9.10.1 Electricity
9.10.2 Insurance
9.10.3 Gas
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Master Recharge API Analysis and Forecast
10.1 Introduction
10.2 Europe Master Recharge API Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Master Recharge API Market Size Forecast by Type
10.6.1 Prepaid Mobile Recharge
10.6.2 Postpaid Mobile Recharge
10.6.3 DTH Recharge
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Master Recharge API Market Size Forecast by Applications
10.10.1 Electricity
10.10.2 Insurance
10.10.3 Gas
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Master Recharge API Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Master Recharge API Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Master Recharge API Market Size Forecast by Type
11.6.1 Prepaid Mobile Recharge
11.6.2 Postpaid Mobile Recharge
11.6.3 DTH Recharge
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Master Recharge API Market Size Forecast by Applications
11.10.1 Electricity
11.10.2 Insurance
11.10.3 Gas
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Master Recharge API Analysis and Forecast
12.1 Introduction
12.2 Latin America Master Recharge API Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Master Recharge API Market Size Forecast by Type
12.6.1 Prepaid Mobile Recharge
12.6.2 Postpaid Mobile Recharge
12.6.3 DTH Recharge
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Master Recharge API Market Size Forecast by Applications
12.10.1 Electricity
12.10.2 Insurance
12.10.3 Gas
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Master Recharge API Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Master Recharge API Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Master Recharge API Market Size Forecast by Type
13.6.1 Prepaid Mobile Recharge
13.6.2 Postpaid Mobile Recharge
13.6.3 DTH Recharge
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Master Recharge API Market Size Forecast by Applications
13.10.1 Electricity
13.10.2 Insurance
13.10.3 Gas
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Master Recharge API Market: Competitive Dashboard
14.2 Global Master Recharge API Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ezetop
14.3.2 Cyberplat
14.3.3 Cyrus Technoedge
14.3.4 Euronet Worldwid
14.3.5 Jolo
14.3.6 Crowdfinch
14.3.7 Axis Softech
14.3.8 Recharge Handa (Handa Enterprises)
14.3.9 Indian Web Technologies (IWT)
14.3.10 Pixyrs Softech
14.3.11 Pointer Soft Technologies
14.3.12 MyRecharge
14.3.13 Xtracare IT Solution
14.3.14 LBS Software
