Rich Communication Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
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. The study tracks the current adoption and anticipated future trends related to RCS, which is a protocol between mobile operators and phones that is expected to replace the traditional SMS-based communications.
MARKET DYNAMICS
Rise in number of smartphones globally is fueling the growth of rich communications service market growth. Furthermore, increasing number of advertising and marketing companies are driving the market. However, limited capability to offer end-to-end encryption may hinder the market growth. Moreover, with the advent of 5G, the global demand for RCS is anticipated to grow at significant rate and expected to create a lucrative opportunity for the market in forecast years.
MARKET SCOPE
The "Global Rich Communication Services Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rich communication services market with detailed market segmentation by deployment, application, end user, and geography. The report provides key statistics on the market status of the leading rich communication services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rich communication services market is segmented based on deployment, application, and end user. Based on deployment, the rich communication services market is segmented into on-premise and on-cloud. Based on application, the rich communication services market is segmented into social presence information, social networks aggregation, media sharing and chat, VOIP, and IP video call. Based on end user, the rich communication services market is segmented into individual and enterprise
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The rich communication services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rich communication services market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The rich communication services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rich communication services market in these regions.
MARKET PLAYERS
The report covers key developments in the rich communication services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from rich communication services market are anticipated to lucrative growth opportunities in the future with the rising demand for vinegar in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rich communication services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
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- D2 Technologies Inc
- Infinite Computer Solutions Inc.
- Interop Technologies LLC
- Mavenir
- Neusoft Corporation
- Nokia Corp.
- Oracle
- Summit Tech
- Telefonaktiebolaget LM Ericsson
- Vodafone Group Plc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Rich Communication Services Market - By Deployment
1.3.2Rich Communication Services Market - By Application
1.3.3Rich Communication Services Market - By End User
1.3.4Rich Communication Services Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.RICH COMMUNICATION SERVICES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.RICH COMMUNICATION SERVICES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.RICH COMMUNICATION SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1.RICH COMMUNICATION SERVICES - GLOBAL MARKET OVERVIEW
6.2.RICH COMMUNICATION SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.RICH COMMUNICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 â DEPLOYMENT
7.1.OVERVIEW
7.2.DEPLOYMENT MARKET FORECASTS AND ANALYSIS
7.3.ON-PREMISE
7.3.1.Overview
7.3.2.On-Premise Market Forecast and Analysis
7.4.ON-CLOUD
7.4.1.Overview
7.4.2.On-Cloud Market Forecast and Analysis
8.RICH COMMUNICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 â APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.SOCIAL PRESENCE INFORMATION
8.3.1.Overview
8.3.2.Social Presence Information Market Forecast and Analysis
8.4.SOCIAL NETWORKS AGGREGATION
8.4.1.Overview
8.4.2.Social Networks Aggregation Market Forecast and Analysis
8.5.MEDIA SHARING AND CHAT
8.5.1.Overview
8.5.2.Media Sharing and Chat Market Forecast and Analysis
8.6.VOIP
8.6.1.Overview
8.6.2.VOIP Market Forecast and Analysis
8.7.IP VIDEO CALL
8.7.1.Overview
8.7.2.IP video call Market Forecast and Analysis
9.RICH COMMUNICATION SERVICES MARKET - REVENUE AND FORECASTS TO 2028 â END USER
9.1.OVERVIEW
9.2.END USER MARKET FORECASTS AND ANALYSIS
9.3.INDIVIDUAL
9.3.1.Overview
9.3.2.Individual Market Forecast and Analysis
9.4.ENTERPRISE
9.4.1.Overview
9.4.2.Enterprise Market Forecast and Analysis
10.RICH COMMUNICATION SERVICES MARKET REVENUE AND FORECASTS TO 2028 â GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Rich Communication Services Market Overview
10.1.2North America Rich Communication Services Market Forecasts and Analysis
10.1.3North America Rich Communication Services Market Forecasts and Analysis - By Deployment
10.1.4North America Rich Communication Services Market Forecasts and Analysis - By Application
10.1.5North America Rich Communication Services Market Forecasts and Analysis - By End User
10.1.6North America Rich Communication Services Market Forecasts and Analysis - By Countries
10.1.6.1United States Rich Communication Services Market
10.1.6.1.1United States Rich Communication Services Market by Deployment
10.1.6.1.2United States Rich Communication Services Market by Application
10.1.6.1.3United States Rich Communication Services Market by End User
10.1.6.2Canada Rich Communication Services Market
10.1.6.2.1Canada Rich Communication Services Market by Deployment
10.1.6.2.2Canada Rich Communication Services Market by Application
10.1.6.2.3Canada Rich Communication Services Market by End User
10.1.6.3Mexico Rich Communication Services Market
10.1.6.3.1Mexico Rich Communication Services Market by Deployment
10.1.6.3.2Mexico Rich Communication Services Market by Application
10.1.6.3.3Mexico Rich Communication Services Market by End User
10.2.EUROPE
10.2.1Europe Rich Communication Services Market Overview
10.2.2Europe Rich Communication Services Market Forecasts and Analysis
10.2.3Europe Rich Communication Services Market Forecasts and Analysis - By Deployment
10.2.4Europe Rich Communication Services Market Forecasts and Analysis - By Application
10.2.5Europe Rich Communication Services Market Forecasts and Analysis - By End User
10.2.6Europe Rich Communication Services Market Forecasts and Analysis - By Countries
10.2.6.1Germany Rich Communication Services Market
10.2.6.1.1Germany Rich Communication Services Market by Deployment
10.2.6.1.2Germany Rich Communication Services Market by Application
10.2.6.1.3Germany Rich Communication Services Market by End User
10.2.6.2France Rich Communication Services Market
10.2.6.2.1France Rich Communication Services Market by Deployment
10.2.6.2.2France Rich Communication Services Market by Application
10.2.6.2.3France Rich Communication Services Market by End User
10.2.6.3Italy Rich Communication Services Market
10.2.6.3.1Italy Rich Communication Services Market by Deployment
10.2.6.3.2Italy Rich Communication Services Market by Application
10.2.6.3.3Italy Rich Communication Services Market by End User
10.2.6.4United Kingdom Rich Communication Services Market
10.2.6.4.1United Kingdom Rich Communication Services Market by Deployment
10.2.6.4.2United Kingdom Rich Communication Services Market by Application
10.2.6.4.3United Kingdom Rich Communication Services Market by End User
10.2.6.5Russia Rich Communication Services Market
10.2.6.5.1Russia Rich Communication Services Market by Deployment
10.2.6.5.2Russia Rich Communication Services Market by Application
10.2.6.5.3Russia Rich Communication Services Market by End User
10.2.6.6Rest of Europe Rich Communication Services Market
10.2.6.6.1Rest of Europe Rich Communication Services Market by Deployment
10.2.6.6.2Rest of Europe Rich Communication Services Market by Application
10.2.6.6.3Rest of Europe Rich Communication Services Market by End User
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Rich Communication Services Market Overview
10.3.2Asia-Pacific Rich Communication Services Market Forecasts and Analysis
10.3.3Asia-Pacific Rich Communication Services Market Forecasts and Analysis - By Deployment
10.3.4Asia-Pacific Rich Communication Services Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Rich Communication Services Market Forecasts and Analysis - By End User
10.3.6Asia-Pacific Rich Communication Services Market Forecasts and Analysis - By Countries
10.3.6.1Australia Rich Communication Services Market
10.3.6.1.1Australia Rich Communication Services Market by Deployment
10.3.6.1.2Australia Rich Communication Services Market by Application
10.3.6.1.3Australia Rich Communication Services Market by End User
10.3.6.2China Rich Communication Services Market
10.3.6.2.1China Rich Communication Services Market by Deployment
10.3.6.2.2China Rich Communication Services Market by Application
10.3.6.2.3China Rich Communication Services Market by End User
10.3.6.3India Rich Communication Services Market
10.3.6.3.1India Rich Communication Services Market by Deployment
10.3.6.3.2India Rich Communication Services Market by Application
10.3.6.3.3India Rich Communication Services Market by End User
10.3.6.4Japan Rich Communication Services Market
10.3.6.4.1Japan Rich Communication Services Market by Deployment
10.3.6.4.2Japan Rich Communication Services Market by Application
10.3.6.4.3Japan Rich Communication Services Market by End User
10.3.6.5South Korea Rich Communication Services Market
10.3.6.5.1South Korea Rich Communication Services Market by Deployment
10.3.6.5.2South Korea Rich Communication Services Market by Application
10.3.6.5.3South Korea Rich Communication Services Market by End User
10.3.6.6Rest of Asia-Pacific Rich Communication Services Market
10.3.6.6.1Rest of Asia-Pacific Rich Communication Services Market by Deployment
10.3.6.6.2Rest of Asia-Pacific Rich Communication Services Market by Application
10.3.6.6.3Rest of Asia-Pacific Rich Communication Services Market by End User
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Rich Communication Services Market Overview
10.4.2Middle East and Africa Rich Communication Services Market Forecasts and Analysis
10.4.3Middle East and Africa Rich Communication Services Market Forecasts and Analysis - By Deployment
10.4.4Middle East and Africa Rich Communication Services Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Rich Communication Services Market Forecasts and Analysis - By End User
10.4.6Middle East and Africa Rich Communication Services Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Rich Communication Services Market
10.4.6.1.1South Africa Rich Communication Services Market by Deployment
10.4.6.1.2South Africa Rich Communication Services Market by Application
10.4.6.1.3South Africa Rich Communication Services Market by End User
10.4.6.2Saudi Arabia Rich Communication Services Market
10.4.6.2.1Saudi Arabia Rich Communication Services Market by Deployment
10.4.6.2.2Saudi Arabia Rich Communication Services Market by Application
10.4.6.2.3Saudi Arabia Rich Communication Services Market by End User
10.4.6.3U.A.E Rich Communication Services Market
10.4.6.3.1U.A.E Rich Communication Services Market by Deployment
10.4.6.3.2U.A.E Rich Communication Services Market by Application
10.4.6.3.3U.A.E Rich Communication Services Market by End User
10.4.6.4Rest of Middle East and Africa Rich Communication Services Market
10.4.6.4.1Rest of Middle East and Africa Rich Communication Services Market by Deployment
10.4.6.4.2Rest of Middle East and Africa Rich Communication Services Market by Application
10.4.6.4.3Rest of Middle East and Africa Rich Communication Services Market by End User
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Rich Communication Services Market Overview
10.5.2South and Central America Rich Communication Services Market Forecasts and Analysis
10.5.3South and Central America Rich Communication Services Market Forecasts and Analysis - By Deployment
10.5.4South and Central America Rich Communication Services Market Forecasts and Analysis - By Application
10.5.5South and Central America Rich Communication Services Market Forecasts and Analysis - By End User
10.5.6South and Central America Rich Communication Services Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Rich Communication Services Market
10.5.6.1.1Brazil Rich Communication Services Market by Deployment
10.5.6.1.2Brazil Rich Communication Services Market by Application
10.5.6.1.3Brazil Rich Communication Services Market by End User
10.5.6.2Argentina Rich Communication Services Market
10.5.6.2.1Argentina Rich Communication Services Market by Deployment
10.5.6.2.2Argentina Rich Communication Services Market by Application
10.5.6.2.3Argentina Rich Communication Services Market by End User
10.5.6.3Rest of South and Central America Rich Communication Services Market
10.5.6.3.1Rest of South and Central America Rich Communication Services Market by Deployment
10.5.6.3.2Rest of South and Central America Rich Communication Services Market by Application
10.5.6.3.3Rest of South and Central America Rich Communication Services Market by End User
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.RICH COMMUNICATION SERVICES MARKET, KEY COMPANY PROFILES
12.1.D2 TECHNOLOGIES INC
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.INFINITE COMPUTER SOLUTIONS INC.
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.INTEROP TECHNOLOGIES LLC
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.MAVENIR
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.NEUSOFT CORPORATION
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.NOKIA CORP.
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.ORACLE
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.SUMMIT TECH
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.TELEFONAKTIEBOLAGET LM ERICSSON
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.VODAFONE GROUP PLC.
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1.D2 Technologies Inc
2.Infinite Computer Solutions Inc.
3.Interop Technologies LLC
4.Mavenir
5.Neusoft Corporation
6.Nokia Corp.
7.Oracle
8.Summit Tech
9.Telefonaktiebolaget LM Ericsson
10.Vodafone Group Plc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.