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Global Rich Communications Service (RCS) Market to Grow at a CAGR of 41.8% by 2023 - Rising Demand for Mobile Value-Added Services & Increasing Mobile Subscription - Research and MarketsThe "Global Rich Communications Service (RCS) Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to Research and Markets' offering. The global rich communication service is anticipated to grow with a CAGR of 41.8% during the forecast period 2016-2023. Rich Communications Services is an IP multimedia subsystem -based platform that allows the distribution of communication services elsewhere the conventional SMS and voice services. It offers the MNOs (Mobile Network Operators) with a prospect to upsurge their revenues or at least reserve their present revenues by offering consumers with improved communication services such as live video, instantaneous messaging, and others across devices and on any network. The major impacting factor of the global rich communication service market is surging utilization of VoLTE to spur rich communication service promotionsand economic viability of services. Furthermore, the growth of market is also driven by the factors such as increasing mobile subscription, rising demand for mobile value-added services, growing investments in IMS and LTE (News - Alert) and huge impact of social networks. The major challenges faced by global RCS market are switching costs related with RCS systems and cost issues. Market Trends:
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Key Topics Covered: 1. Introduction 2. Market Overview 3. Market Determinants 4. Market Segmentation 5. Competitive Landscape 6. Global Rich Communication Services Market By Region 7. Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/2n888j/global_rich View source version on businesswire.com: http://www.businesswire.com/news/home/20170720005577/en/ |
