Global Rich Communication Services Market Analysis to 2025 Lead By Mavenir, Huawei, D2, LG Uplus, Vodafone Group, Nokia, Genband, Ericsson AB, Oracle and Summit Tech
Some of the key players influencing the market are the list of companies for Rich Communication Services Market are Mavenir, Huawei Technologies Co., Ltd., D2 Technologies Inc., LG Uplus Corp, Vodafone Group, Nokia Solutions and Networks, Genband, Ericsson AB, Acme Packet (Oracle) and Summit Tech among others.
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Rich Communication Services (RCSs) is considered as a next advancement of SMS having more features such as sharing location, group chats, read receipts, notification of typing etc. It contains features of Whatsapp, Facebook messenger. Mainly a protocol between mobile-telephone operators and between phone and carrier which is intended to be successful than SMS. Major driver for the market is Interoperability between networks and commercial agreement between operators to access new service. Also, Enhanced user interface experience also contributed in the growth of RCSs Market.
Major factor acting as a restraint for RCSs market is high competition from already Over-the-top (OTT) established players such as Skype, line. Nevertheless, more features like plugin integration and app security are going to be launch very soon. Moe to it, launch of interactive advertisements which is a new revenue-generating services are going to provide revenue opportunity to operators which will definitely give more opportunities to the market to grow in coming years.
The report aims to provide an overview of global Rich Communication Services market with detailed market components, deployment type, deployment type, solutions, end-users and geography. The global Rich Communication Services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Also, key Rich Communication Services market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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