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Rich Communication Services (RCS) - Global Market Outlook (2018-2027)

Rich Communication Services (RCS) - Global Market Outlook (2018-2027)

4.6 (39 reviews)
Published: November 2019 ID: SMRC18669
4.6 (39 reviews)
Published: November 2019 ID: SMRC18669

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Rich Communication Services (RCS) Market is accounted for $3.79 billion in 2018 and is expected to reach $20.92 billion by 2027 growing at a CAGR of 20.9% during the forecast period. The increasing number of advertising and marketing companies and the direct association of the service providers are the major factors driving the market growth. However, the lack of awareness among organizations about the deployment and usage of these services are restraining market growth.

Rich Communication Services (RCS) is a communication protocol between mobile-telephone carriers and between phone and carrier, aiming at replacing SMS messages with a text-message system that is richer, provides phonebook polling (for service discovery), and can transmit in-call multimedia.

Based on the enterprise size, large enterprises segment is likely to have a huge demand because large enterprises usually have the necessary resources to carry multiple operations, which may include separate business units to concentrate on advertising and marketing. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing smartphone connections, rising population, and the use of advanced short message service (SMS) systems for customer relationship management.

Some of the key players profiled in the Rich Communication Services (RCS) Market include AT&T, Sprint, Vodafone, Deutsche Telekom, Google, Verizon, Telefonica, T-Mobile, China Mobile, Orange Business, KDDI, Slovak Telekom, TELIT, SK Telecom, and Telstra.

Solutions Covered:
• Unified Messaging 
• Multimedia 
• Instant Messaging (IM) & Presence Service 
• Network Backed List 
• Online Storage 
• Session Initiation Protocol (SIP) Options/Presence-Based Capability Exchange 
• Web Conferencing 
• Content Sharing 
• Social Presence Information 
• Voice over Internet Protocol (VoIP) 
• File Transfer   
• Geolocation Exchange

Deployments Covered:
• Cloud
• On-premise  

Technologies Covered:
• Rich Communication Services (RCS)-Like  
• Rich Communication Services (RCS)  
• Enhanced Rich Communication Suite (RCS-e)   

Enterprise Sizes Covered:
• Small and Medium-Sized Enterprises 
• Large Enterprises   
 
Applications Covered:
• Cloud Storage/Access  
• Integrated Solutions  
• Value Added Services (VAS)  
• Mobile Commerce  
• Rich Calls and Messaging  
• Advertising Campaign  
• Content Delivery  
• Video and Voice over Long Term Evolution (VoLTE)            

Partners Covered:
• Infrastructure Provider  
• Independent Software Vendors (ISVs)  
• Over-the-Top (OTT) Service Providers  
• Original Equipment Manufacturers (OEM)  
• Mobile Network Operators (MNOs)  
• Application Programming Interface (API) Providers   
 
End Users Covered:
• Retail and Ecommerce 
• Telecom and IT 
• Healthcare 
• Tourism and Logistics 
• Banking, Financial Services, and Insurance 
• Media and Entertainment 
• Other End Users   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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