Market Overview:
The global rich communications suite services and subscribers market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced communication services among businesses and consumers alike. Additionally, the growing trend of BYOD (Bring Your Own Device) is also contributing significantly to the growth of this market. The rich communications suite services segment is expected to account for a larger share of the global rich communications suite services and subscribers market in 2018, owing to its high adoption rate among businesses worldwide. However, with an increasing number of consumers using smartphones for personal use, the rich communications suite subscriber segment is projected to grow at a higher CAGR during the forecast period from 2018-2030. Regionally, North America dominates the global Rich Communications Suite Services and Subscribers Market followed by Europe.
Product Definition:
The Rich Communications Suite (RCS) is a set of communication services that allows users to send messages, including photos and videos, as well as make voice and video calls. RCS also includes enhanced messaging features such as group chats, read receipts, and high-resolution photo sharing.
An RCS subscriber is someone who uses one or more of the Rich Communications Suite services. The importance of RCS subscribers lies in their ability to help carriers boost revenue by using more advanced messaging features that generate higher usage volumes than traditional SMS texting.
Rich Communications Suite Services:
The rich communication suite services is a set of protocols and standards for establishing an end-to-end communication between two mobile devices or computers. The service includes multimedia messaging service, presence information and Instant Messaging (IM) along with real time communications over cellular networks. It also offers VoIP services like video, voice & text messaging facility over cellular network coupled with data sharing facilities which are expected to drive the Rich Communications Suite Services market growth in the coming years.
Rich Communications Suite Subscribers:
The rich communication suite subscribers and it's usage in the rich communications suite services market is a new term that entered into the telecom industry recently. It has been observed that several companies have started adopting Rich Communication Suite (RCS) to provide enhanced messaging, unified communications, and collaboration features to their customers. The RCS subscribers are expected to increase over the forecast period owing to its benefits such as real-time communication facility among mobile users along with improved user experience.
Application Insights:
The photo application segment dominated the market in 2017. This is attributed to the rising adoption of smartphones and social media among consumers globally. Furthermore, companies such as Facebook are increasingly encouraging users to share their photos through applications such as Instagram, which has resulted in a significant increase in Rich Communication Services (RCS) subscribers for photo applications. For instance, according to a study by ezTalks found that more than 60% of customers prefer using RCS over text messages for receiving business alerts and updates from service providers.
The internet application segment is expected register the highest CAGR over the forecast period owing to increased usage of internet-based communication services among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of key players such as AT&T, T-Mobile, and Verizon Communications Inc. Moreover, these companies are investing heavily in deploying RCS solutions across their networks. For instance, in January 2018, T-Mobile US Inc., one of the major wireless providers in U.S., launched a new advanced messaging feature for its customers under Binge On program called Message Overlay Networking (MON). This enables users to see if someone is typing before they message them back on their smartphones over Wi-Fi or mobile data connection with no additional charge from telecom operator’s end.
Growth Factors:
- Increased demand for Rich Communications Suite (RCS) services from consumers and businesses as they look to replace traditional text messaging with a more enhanced experience.
- Growing number of operators launching RCS services, supported by the GSMA's RCS Universal Profile, which will help to drive wider adoption and interoperability.
- Proliferation of devices that support RCS, including smartphones and smartwatches, helping to increase availability of these services to users.
- Development of new features and functionality for RCS services that appeal to both consumers and businesses alike - such as group chat, file sharing etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Rich Communications Suite Services and Subscribers Market Research Report
By Type
Rich Communications Suite Services, Rich Communications Suite Subscribers
By Application
Call, Video, Photo, Internet, Other
By Companies
Neusoft, Acision BV, Alcatel-Lucent, Comverse, D2 Technologies, Ericsson, Genband, Vodafone, Huawei Technologies, Interop Technologies, LG Uplus, Mavenir Systems, Nokia Siemens Network
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Rich Communications Suite Services and Subscribers Market Report Segments:
The global Rich Communications Suite Services and Subscribers market is segmented on the basis of:
Types
Rich Communications Suite Services, Rich Communications Suite Subscribers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Call, Video, Photo, Internet, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Neusoft
- Acision BV
- Alcatel-Lucent
- Comverse
- D2 Technologies
- Ericsson
- Genband
- Vodafone
- Huawei Technologies
- Interop Technologies
- LG Uplus
- Mavenir Systems
- Nokia Siemens Network
Highlights of The Rich Communications Suite Services and Subscribers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rich Communications Suite Services
- Rich Communications Suite Subscribers
- By Application:
- Call
- Video
- Photo
- Internet
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rich Communications Suite Services and Subscribers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rich Communications Suite Services and Subscribers are a suite of features that allow businesses to manage their communication needs more effectively. This includes things like sending and receiving email, managing calendars, contacts, and messages; as well as sharing files securely.
Some of the major companies in the rich communications suite services and subscribers market are Neusoft, Acision BV, Alcatel-Lucent, Comverse, D2 Technologies, Ericsson, Genband, Vodafone, Huawei Technologies, Interop Technologies, LG Uplus, Mavenir Systems, Nokia Siemens Network.
The rich communications suite services and subscribers market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rich Communications Suite Services and Subscribers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rich Communications Suite Services and Subscribers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rich Communications Suite Services and Subscribers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rich Communications Suite Services and Subscribers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rich Communications Suite Services and Subscribers Market Size & Forecast, 2018-2028
4.5.1 Rich Communications Suite Services and Subscribers Market Size and Y-o-Y Growth
4.5.2 Rich Communications Suite Services and Subscribers Market Absolute $ Opportunity
Chapter 5 Global Rich Communications Suite Services and Subscribers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rich Communications Suite Services and Subscribers Market Size Forecast by Type
5.2.1 Rich Communications Suite Services
5.2.2 Rich Communications Suite Subscribers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rich Communications Suite Services and Subscribers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
6.2.1 Call
6.2.2 Video
6.2.3 Photo
6.2.4 Internet
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rich Communications Suite Services and Subscribers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rich Communications Suite Services and Subscribers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rich Communications Suite Services and Subscribers Analysis and Forecast
9.1 Introduction
9.2 North America Rich Communications Suite Services and Subscribers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rich Communications Suite Services and Subscribers Market Size Forecast by Type
9.6.1 Rich Communications Suite Services
9.6.2 Rich Communications Suite Subscribers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
9.10.1 Call
9.10.2 Video
9.10.3 Photo
9.10.4 Internet
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rich Communications Suite Services and Subscribers Analysis and Forecast
10.1 Introduction
10.2 Europe Rich Communications Suite Services and Subscribers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rich Communications Suite Services and Subscribers Market Size Forecast by Type
10.6.1 Rich Communications Suite Services
10.6.2 Rich Communications Suite Subscribers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
10.10.1 Call
10.10.2 Video
10.10.3 Photo
10.10.4 Internet
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rich Communications Suite Services and Subscribers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rich Communications Suite Services and Subscribers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rich Communications Suite Services and Subscribers Market Size Forecast by Type
11.6.1 Rich Communications Suite Services
11.6.2 Rich Communications Suite Subscribers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
11.10.1 Call
11.10.2 Video
11.10.3 Photo
11.10.4 Internet
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rich Communications Suite Services and Subscribers Analysis and Forecast
12.1 Introduction
12.2 Latin America Rich Communications Suite Services and Subscribers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rich Communications Suite Services and Subscribers Market Size Forecast by Type
12.6.1 Rich Communications Suite Services
12.6.2 Rich Communications Suite Subscribers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
12.10.1 Call
12.10.2 Video
12.10.3 Photo
12.10.4 Internet
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rich Communications Suite Services and Subscribers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rich Communications Suite Services and Subscribers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rich Communications Suite Services and Subscribers Market Size Forecast by Type
13.6.1 Rich Communications Suite Services
13.6.2 Rich Communications Suite Subscribers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rich Communications Suite Services and Subscribers Market Size Forecast by Applications
13.10.1 Call
13.10.2 Video
13.10.3 Photo
13.10.4 Internet
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rich Communications Suite Services and Subscribers Market: Competitive Dashboard
14.2 Global Rich Communications Suite Services and Subscribers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neusoft
14.3.2 Acision BV
14.3.3 Alcatel-Lucent
14.3.4 Comverse
14.3.5 D2 Technologies
14.3.6 Ericsson
14.3.7 Genband
14.3.8 Vodafone
14.3.9 Huawei Technologies
14.3.10 Interop Technologies
14.3.11 LG Uplus
14.3.12 Mavenir Systems
14.3.13 Nokia Siemens Network
