Rich Communications Services Market

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MarketsandMarkets Presents
Rich Communication Services (RCS) Market worth
5,749.6 Million by 2019
http//www.marketsandmarkets.com/Market-Reports/ri
ch-communication-services-market-4839266.html
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The report "Rich Communications Services Market
by MNO Services (Chat, Content Sharing, VoIP, IP
Video Call, File Transfer, Social Presence
Sharing), Infrastructure Service Providers by
Deployment (Cloud, On-Premise) - Worldwide
Forecasts and Analysis (2014 - 2019)" defines and
segments the global RCS market into various
sub-segments with an in-depth analysis and
forecasting of market sizes. The report also
identifies the factors driving the market,
various restraints, and opportunities impacting
it along with the adoption trends. Browse 72
market data tables and 56 figures spread through
152 pages and in-depth TOC on Rich
Communications Services Market by MNO Services
(Chat, Content Sharing, VoIP, IP Video Call, File
Transfer, Social Presence Sharing),
Infrastructure Service Providers by Deployment
(Cloud, On-Premise) - Worldwide Forecasts and
Analysis (2014 - 2019) http//www.marketsandmark
ets.com/Market-Reports/rich-communication-services
-market-4839266.html
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The massive adoption of high speed broadband
services has been beneficial for mobile operators
through the creation of enhanced sources of
income for it. The biggest challenge for the Rich
Communication Services (RCS) market is the
increasing the competition from Over-The-Top
(OTT) players which offer Internet-based services
making it difficult for mobile operators to offer
traditional services such as voice and messaging.
The mobile operators in the RCS market space are
constantly designing and innovating the
communication services. As a result, traditional
services are evolving into multimedia-based
services. The RCS market is consolidated with big
players such as Acision, Alcatel-Lucent,
Comverse, Ericsson, Genband, Huawei, Interop
Technologies, Mavenir Systems, Nokia Solutions
and Networks, and SAP. The competition from these
big players further makes it difficult for small
vendors to enter the RCS market.
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ch-communication-services-market-4839266.html
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The major factors driving this market are the
influence of social networks, customer retention,
global interoperability and collaboration between
the carriers, and benefits from investments in IP
Multimedia Subsystem (IMS) and Long Term
Evaluation (LTE). The competition of OTT players
is one of the restraints for mobile operators
along with lack of awareness among organizations
about the deployment and usage. Hence,
cloud-based deployment services will prove to be
more useful and can seize this opportunity by
providing simpler solutions to enterprise users
and consumers. Integrated communication and video
services and mobile content administration are
other opportunities for organizations and small
business units. The RCS suite mainly focuses on
the implementation of applications and services
that offer a convergent and rich communication
experience.
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ch-communication-services-market-4839266.html
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Some of the benefits that RCS offers to
organizations include interoperability across any
operator network, integrated voice and video
services, richer communication experience, and
the ability to connect to anyone and anywhere
with an enabled handset. For enterprise users,
RCS offers a business policy allowing
personalization while maintaining the commercial
panel for the companys communications and
applications. For consumers, RCS has the
opportunity to merge voice and SMS with instant
messaging and video sharing across all devices
and networks. MarketsandMarkets broadly segments
the global RCS Market by regions as North America
(NA), Asia-Pacific (APAC), Europe (EU), Middle
East and Africa (MEA), and Latin America (LA) by
services as chat, content sharing, voice over
Internet protocol, IP video call, file transfer,
and social presence sharing by user type as
enterprise user and consumer by deployment model
as cloud and on-premise. MarketsandMarkets
forecasts the global RCS Market to grow from
596.3 Million in 2013 to 5,749.6 Million in
2019. Europe is expected to be the largest market
in terms of market size, while Asia-Pacific and
Latin America are expected to experience an
increase in market traction during the forecasted
period.
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ch-communication-services-market-4839266.html
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About MarketsandMarkets
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with our huge market intelligence repository.
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