Press release
Top Factor Driving Telecommunication Relay Service (TRS) Market Growth in 2025: The Rising Number Of Deaf And Hard-Of-Hearing Individuals Fuels The Market Growth
How Are the key drivers contributing to the expansion of the telecommunication relay service (trs) market?The expansion of the telecommunication relay service (TRS) market is projected to be fueled by the growing population of individuals suffering from deafness and hearing impairment. People who are deaf and hard of hearing (DHH) experience varying levels of hearing loss, which hinders their ability to process auditory information. There is a noted increase in the number of DHH people due to aging demographics, and several environmental conditions like constant exposure to high-volume sounds, intake of ototoxic drugs, and prevailing infectious diseases. The telecommunication relay services play a crucial role in enhancing communication effectiveness for DHH individuals by providing user-friendly relay services which bridge the gap with the hearing community. The World Health Organization (WHO), a specialized agency based in Switzerland, reported in February 2024 that over 1.5 billion people are currently dealing with hearing loss. This figure is expected to skyrocket to 2.5 billion by 2050, suggesting that over 700 million people across the globe will need hearing rehabilitation within that timeframe. As a result, the surge in deaf and hard-of-hearing individuals is a dominant factor propelling the growth of the telecommunication relay service (TRS) market.
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What growth opportunities are expected to drive the telecommunication relay service (trs) market's CAGR through 2034?
In recent times, the telecommunication relay service (TRS) market has seen rapid growth. Expansion is predicted from $8.03 billion in 2024 to $9.33 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 16.2%. Factors that have sparked growth in previous years include increased awareness around inclusive communication, globalisation and transnational communication, mobile access, and adherence to accessibility standards.
In the coming years, the telecommunication relay service (TRS) market is projected to experience swift expansion. The market is estimated to reach a value of $16.82 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.9%. The expected growth during the forecast period is due to factors such as cybersecurity initiatives, integration with intelligent assistants, emerging remote work patterns, telehealth and distant medical services, customization, and personalization capabilities. Key trends for the forecast period encompass increased incorporation of Artificial Intelligence (AI) and machine learning, the emergence of advanced communication technologies, creativity in user interfaces (UI) and user experiences (UX), and partnerships with accessibility proponents and groups.
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What are the emerging trends shaping the future of the telecommunication relay service (trs) market?
Leading firms in the telecommunication relay service (TRS) market are focusing more on the creation of innovative solutions like dedicated phone lines for video relay services, in an attempt to stay competitive. These dedicated phone lines for video relay services are special telephone lines set aside solely for enabling video relay dialogue between people who communicate using sign language and those who use spoken language. For example, in August 2023, Canadian financial corporation, Scotiabank, partnered with The Canadian Administrator of Video Relay Service Inc., a telecommunications service firm also based in Canada, to introduce a dedicated phone line for video relay services. The offering is specifically designed for patrons with hearing and speech impairments who depend on VRS for their distant banking requirements, enabling them to contact a dedicated phone number using American Sign Language (ASL). The endeavor strives to create a more encompassing banking experience for individuals with these impairments.
Which growth-oriented segments of the telecommunication relay service (trs) market are leading the industry's development?
The telecommunication relay service (TRS) market covered in this report is segmented -
1) By Type: Public Service, Private Service
2) By Technology: Internet Protocol (IP) Relay, Web Relay
3) By Service: Text-To-voice, Voice Carry Over, Captioned Telephone Services, Internet Protocol (IP) Captioned Telephone Services, Video Relay Services, Internet Protocol Relay services
4) By End-User: Enterprise, Public, Personal
Subsegments:
1) By Public Service: Video Relay Service (VRS), Text Telephone (TTY), Internet Protocol Relay (IP Relay), Captioned Telephone Service (CTS)
2) By Private Service: Corporate Relay Service, Secure Relay Service, Custom Or Private Network Relay Service
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North America was the largest region in the telecommunication relay service (TRS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecommunication relay service (TRS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the telecommunication relay service (trs) market?
Major companies operating in the telecommunication relay service (TRS) market are American Telephone and Telegraph Company Inc. (AT&T Corporation), International Business Machines Corporation, Cisco Systems Inc., Oregon Relay Service, Bell Canada Inc., Hong Kong Broadband Network Limited, Far EasTone Telecommunications, Purple Communications Inc., CaptionCall, Brastel Co Ltd., Enspyre Limited, Taiwan Star Telecom Corporation, Convo Communications LLC, Dialogic Corporation, Dynasky International Corp, iTalk Global Communications Inc., Vermont Technologies, ClearCaptions LLC, Stratus Video LLC, InnoCaption, Hamilton Relay Inc., Stratus Video LLC, InnoCaption, Hamilton Relay Inc.
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What Is Covered In The Telecommunication Relay Service (TRS) Global Market Report?
•Market Size Forecast: Examine the telecommunication relay service (trs) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the telecommunication relay service (trs) market for a structured understanding.
•Key Players Overview: Analyze major players in the telecommunication relay service (trs) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the telecommunication relay service (trs) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the telecommunication relay service (trs) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the telecommunication relay service (trs) market.
•Industry Challenges: Identify potential risks and obstacles affecting the telecommunication relay service (trs) market.
•Competitive Landscape: Review strategic developments in the telecommunication relay service (trs) market, including expansions, agreements, and new product launches.
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