5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The market is segmented by End Solution (VOIP, Social Presence Information, Web Conferencing, SIP Options, Online Storage, Unified Messaging and Multimedia), Deployment (Cloud and On-premise), Application (Cloud Storage/Access, VoLTE, Rich Calls & Messaging, Mobile Commerce and Value Added Services (VAS)), and Geography.
Fastest Growing Market:
The Rich Communication Services Market was valued at USD 4.50 billion in 2019 and is expected to reach USD 34.60 billion by 2025, at a CAGR of 40.51% over the forecast period 2020 - 2025. Text messaging is still the most direct and widely used form of communication. As a result, two-way automated enterprise-to-person text messaging, known as A2P mobile messaging, has become essential for businesses.
Rich communications service (RCS) is the platform which enables enriched communication services/experiences beyond simple text, a universal solution providing consumers with instant messaging, live video, and file sharing across all types of communication devices.
|Social Presence Information|
|File transfer/Content Sharing|
|SIP options/Presence based capability Exchange|
|Rich Calls and Messaging|
|Value Added Services (VAS)|
|Middle East & Africa|
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The competitive rivalry in the market is intense with companies leveraging onto the newer possibilities that the rich communication services market offers. Organizations are partnering with tech companies and network operators for technological capabilities and innovation.
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Introduction to Market Drivers and Restraints
4.4 Market Drivers
4.4.1 Penetration of Smart Phones in the Market
4.4.2 Global Interoperability and Collaboration Between Carriers
4.4.3 Direct Association of the Service Providers
4.5 Market Restraints
4.5.1 Competition of OTT Players
4.5.2 Lack of Awareness Among Organizations About the Deployment and Usage
4.6 Product Life Cycle Analysis
5. TECHNOLOGY SNAPSHOT
6. MARKET SEGMENTATION
6.1 By Solution
6.1.2 Social Presence Information
6.1.3 File transfer/Content Sharing
6.1.4 Web Conferencing
6.1.5 SIP options/Presence based capability Exchange
6.1.6 Online Storage
6.1.7 Unified Messaging
6.1.9 Other Solutions
6.2 By Deployment
6.3 By Application
6.3.1 Cloud Storage/Access
6.3.3 Rich Calls and Messaging
6.3.4 Mobile Commerce
6.3.5 Value Added Services (VAS)
6.3.6 Other Applications
6.4.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 Rest of Asia-Pacific
6.4.4 Latin America
6.4.5 Middle East & Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Huawei Technologies Co. Ltd
7.1.2 Xura Inc.
7.1.3 Deutsche Telekom AG
7.1.4 Acme Packet Inc.
7.1.5 Neusoft Corporation
7.1.6 Infinite Convergence Solutions Inc.
7.1.7 Summit Technology Inc.
7.1.8 Vodafone Group PLC
7.1.9 D2 Technologies Inc.
7.1.10 Ribbon Communications Operating Company
7.1.11 Myriad Group AG
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability