Rich Communication Services Market Size, Share, Growth, Industry Analysis and Forecast to 2025

OMR Global has recently published a research paper of “Rich Communication Services Market by Service Type (Chat, File Transfer, IP Video Call, and Others) and by Deployment Model (On-Premises and Cloud-based), Competitive Analysis and Forecast, 2019–2025” in its database. According to this study, the market size is expected to grow at a significant CAGR during the forecasted period 2019 to 2025.

A rich communication service (RCS) is the communication platform which offers enriched communication experiences beyond the text. It provides a universal solution to the consumers such as instant messaging, file sharing to all types of communication devices and sharing of live videos. It provides advanced communication functions such as enhanced communication speed and user-experience to expand the RCS. It is an advanced messaging standard to improve messaging functionality and it also suitable for higher quality pictures up to 10 MB in size, location sharing and group chats. The various products product available in the RCS market includes VoLTE, APIs, and WebRTC. It has a lot of multimedia capabilities to messaging services and it assists in simplifying the sharing of high-resolution videos, photos, and GIFs.

Browse full report of “Rich Communication Services Market Size, Share, Trends, Growth, Industry Analysis Report” at https://www.omrglobal.com/industry-reports/rich-communication-services-market/

RCS market is highly fragmented due to the presence of several market players that are significantly operating across the globe. Key players of RCS market include Huawei Technology Co., Google, LLC, SAP SE, Interop Technologies, LLC, Nokia Networks, Mavenir systems Inc, Acision UK, Ltd., Ericsson, Inc., and Samsung Electronics Co., Ltd. In September 2018, Samsung and Google collaborated on the platform of RCS messaging for android. It provided an enhanced smartphone messaging solutions and industry initiative toward RCS technology. Additionally, RCS has some unique features such as create rich group chats, type indicators, read receipts, ability to chat over Wi-Fi and share high-resolution videos and photos. Google has collaborated to introduce RCS-based devices to selected Samsung devices. Samsung brings these RCS features to existing smartphones with galaxy S8 and S8+. New Samsung Galaxy smartphones providing support to RCS messaging and consumers will able to enjoy richer chats with Samsung message users and android messages.

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Current Market Trends Covered in the Market Report:
• VoLTe services provide high-speed wireless communication for mobile phones; it assists in reducing costs and increasing the capacity of operators by moving 3G and 4G to 5G network.
• VoLTE services moving voice calls from 3G and 4G networks to 5G networks.
• 5G wireless communications are coming up with the growth of RCS, the use of smartphone is increasing, raising the demand of latest model to raise the bar continuously.

Global Report Rich Communication Services Market - Segmentation
By Service Type
• Chat
• File Transfer
• IP Video Call
• Others (Web Conferencing)
By Deployment Model
• On-premises
• Cloud-based

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Global Report Rich Communication Services Market – Segment by Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

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Source: https://www.omrglobal.com/press-release/global-rich-communication-services-market/

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