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Rich Communication Services (RCS) Market Worth $10.6 Billion by 2024 - Exclusive Report by MarketsandMarkets™CHICAGO, Nov. 7, 2019 /PRNewswire/ -- According to a new market research report "Rich Communication Services (RCS) Market by Application (Advertising Campaign, Content Delivery, and Integrated Solutions), End-User (Consumers and Enterprises), Enterprise Size, Enterprise Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets™, the RCS market size is projected to grow from USD 4.5 billion in 2019 to USD 10.6 billion by 2024, at a CAGR of 18.9% from 2019 to 2024.  Major growth drivers for the market include the growing expenditures on digital marketing across verticals. Browse in-depth TOC on "Rich Communication Services (RCS) Market" 91 – Tables 36 – Figures 143 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=4839266 Advertising campaign application to hold a larger market size during the forecast period Advertising campaigns via digital marketing is the prominent approach adopted by enterprises to attract customers. Sharing rich media contents have enabled end-users to engage greatly with the enterprises to take benefits of the services. Enterprises being the prominent stakeholders for RCS in the market, advertising campaign application is expected to maintain dominance throughout the forecast period. Enterprise consumers to hold the largest market size during the forecast period The enterprises throughout verticals are expected to have a significant dependency on SMS for digital marketing. Deployment of RCS messaging platforms to share media-rich content amongst the end-users is expected to bring growing instances of customer engagements. Speak to Our Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=4839266 North America o hold the largest market size during the forecast period The Rich Communication Services (RCS) Market in North America is expected to grow significantly due to the increasing investments by vertical for digital marketing. Moreover, the region is mainly driven by a large number of enterprises investing heavily for an advertising campaign to promote their offerings, followed by intense internet penetration within the area. Additionally, telcos in North America are amongst the early adopters of RCS which include AT&T, Verizon, and T Mobile. Major vendors covered in the Rich Communication Services (RCS) Market include Google (US), China Mobile Limited (Spain), AT&T Inc. (US), Sprint Corporation (US), Deutsche Telekom AG (Germany), Vodafone Group plc (UK), Verizon (US), Telefonica (US), Orange Business (US), KDDI (Japan), Slovak Telekom (Slovakia), TELIT (Italy), SK Telecom (South Korea), Telstra (Australia), LG U+ (South Korea), Celcom (Malaysia), Freedom Mobile (Canada), Rogers (Canada), T-Mobile (US), and O2 (UK). Browse Adjacent Markets: Mobility and Telecom Market Research Reports & Consulting Related Reports: Telecom API Market by Type of API (SMS, MMS, & RCS, WebRTC, Payment, M2M & IoT, Content Delivery, Location, ID/SSO & Subscriber), User Type (Enterprise, Partner, Internal, Long Tail), and Region - Global Forecast to 2021 https://www.marketsandmarkets.com/Market-Reports/telecom-api-market-257220042.html Premium A2P and P2A Messaging Market by Application (Inquiry and Search Related Services, CRM Services, Authentication, and Interactive Messages), Traffic (National and Multi-Country), Messaging Platform, Industry, and Region - Global Forecast to 2021 https://www.marketsandmarkets.com/Market-Reports/premium-sms-44.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. 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