Rich Communication Services (RCS) Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

The Rich Communication Services Market is expected to register a CAGR of 12% during the forecast period 2021-2027. Text messaging is still the most direct and widely used form of communication. As a result, two-way automated enterprise-to-personal text messaging known as A2P mobile messaging has become essential for businesses. Key growth drivers for the rich telecommunication services market include increased investment in digital marketing across enterprise sectors.

Major Players

• Huawei Technologies Co. Ltd
• Vodafone Group PLC
• Telefonaktiebolaget LM Ericsson
• Google LLC
• Mavenir Systems

Rich Communication Services (RCS) Market Segments:

By Protocol

• A2P
• P2A
• P2P

By End User Vertical

• BFSI
• Media & Entertainment
• Travel & Hospitality
• Retail
• Healthcare
• Other End user verticals