Rich Communication Services Market Share

Statistics for the 2023 & 2024 Rich Communication Services market share, created by Mordor Intelligence™ Industry Reports. Rich Communication Services share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Rich Communication Services Industry

The competitive landscape within the market remains moderate, with companies actively exploring the numerous opportunities presented by the rich communication services sector. Organizations are forging strategic partnerships with technology firms and network operators to harness advanced technological capabilities and foster innovation.

In February 2023, Vodafone unveiled its ambitious plans to extend its collaboration with Google across the European market, encompassing mobile messaging services, Pixel devices, and Vodafone's TV platform. This enhanced partnership will enable Vodafone customers to relish enriched messaging experiences through the utilization of Google Jibe Cloud, which will empower Vodafone's implementation of Rich Communications Services (RCS).

In October 2022, Sinch AB (publ) announced the integration of the KakaoTalk channel into its Conversation API. This addition significantly broadens the array of communication channels available for enterprises seeking to engage in omnichannel conversations with their global consumer base. The extended channels now encompass SMS, RCS, WhatsApp, Viber, Business, Facebook Messenger, and the latest inclusion, KakaoTalk.

Rich Communication Services (RCS) Market Leaders

  1. Huawei Technologies Co. Ltd

  2. Telefonaktiebolaget LM Ericsson

  3. Mavenir Systems

  4. Google LLC

  5. Samsung Electronics Co Ltd

*Disclaimer: Major Players sorted in no particular order

Rich Communication Services Market Concentration

Rich Communication Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)