Market Research Report
Rich Communications Suite (RCS) Services
|Published by||Global Industry Analysts, Inc.||Product code||337391|
|Published||Content info||149 Pages
Delivery time: 1-2 business days
|Rich Communications Suite (RCS) Services|
|Published: October 1, 2019||Content info: 149 Pages||
Rich Communications Suite (RCS) Services market worldwide is projected to grow by US$49.8 Billion, driven by a compounded growth of 46.6%. VoIP, one of the segments analyzed and sized in this study, displays the potential to grow at over 50.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$19 Billion by the year 2025, VoIP will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 51.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.3 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.3 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, VoIP will reach a market size of US$1.2 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 44.3% over the next couple of years and add approximately US$8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, AT&T, Inc.; Bharti Airtel Ltd.; Deutsche Telekom AG; Interop Technologies; KT Corporation; Orange SA; Reliance Jio Infocomm Ltd.; Rogers Communications, Inc.; SK Telecom Co., Ltd.; Telefonica SA; Telia Company AB; Verizon Communications, Inc.; Vodafone Group PLC