Post Covid-19 Update:Rich Communication Services (Rcs) Market To Reach USD 27.9 Billion By 2027 | CAGR 30.2% — Forencis Research

  • According to the new market research report “Rich Communication Services (RCS) Market by Deployment Type (Cloud-Based and On-Premises Based), by User Type (Consumer, Enterprise and Small and Medium-Sized Enterprises (SME)), by Application (Integrated Solutions, Content Delivery, Advertising Campaign and Others), by End-Use (BFSI, Retail, Media & Entertainment, Healthcare and Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2020 to 2027)”, the global Rich Communication Services (RCS) Market is estimated to reach USD 27.9 Billion by 2027 at a CAGR of around 30.2% during the review period.
  • The rich communication services helps to enabled enriched communication services beyond a text message and a solution for the user with live video, instant messaging and file sharing across various devices
  • Moreover, it also provides advanced communication between the third party users with it wide range of services such as Chabot, artificial intelligence and other applications.
  • With the growing demand for promotion and marketing activities is witness to increase performance and efficiency of the market in the forecast period. It helps organizations to enhance the customer experiences and increase the brand value.
  • One of the major key concern of the rich communication services (RCS) market is the end-to-end encryption issues. As sensitive information send through RCS is not fully protected, there is case of data to be steal the sell information.
  • RCS benefits the organizations for activating a new products, special offers is a cost effective and with a highly advance marketing method. These will lead to fuel the growth of the rich communication services market in the forecast period.
  • With the rising demand of smartphones is excepted to fuel the growth of the market in the forecast period as it will lead demand for communications through messaging.
  • Asia-Pacific:
  • Europe
  • Vodafone Group
  • Verizon:



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DataBridge Market Research

DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach