Rich Communication Services (RCS) Market - Forecast(2021 - 2026)
Global Rich Communication Services (RCS) market is forecast to reach $3.6 billion by 2026, growing at a CAGR of 22.1% during the forecast period from 2021 to 2026. Rising penetration of smartphones along with enhancing standards for digital marketing campaigns are acting as major drivers towards significant growth of rich communication services. Moreover, implementation of universal communication protocol specification by GSM Association (GSMA) to provide a consistent messaging platform experience enabling operator service interoperability has also caused higher adoption towards rich communication services. Factors such as advanced features like group chatting, read receipts, location sharing, media sharing and many others have caused major usage of such services compared to traditional SMS protocols. Request Sample Report Coverage The report: “Rich Communication Services (RCS) Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the R...