Global Rich Communication Services (RCS) Market: Key Highlights
Global Rich Communication Services (RCS) Market: Key Market Dynamics
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Global Rich Communication Services (RCS) Market: Regional Overview
The Asia-Pacific region is one of the top player in the growth of the rice communication services market. As the region have the highest demand in smartphone as well as the mobile payment system. The region is at the initial stage in the adoption of new technologies to boost the financial as well as the government sector. Moreover, the government of China has also taken an initiative to transform the manufacture sector and the new generation information technology with the advance machine tools and robotics.
Hence, Asia-Pacific is witness to increase the demand for the market as it has large economic like Japan and China with the advance technology growth
According to the European Commission, the EU digital strategy is aims to boost the citizens and businesses to target its digital transformation growth. According to the Alliance for Internet of Things Innovation, in 2018 the European commission has introduce its new plans for Horizon Europe to enhance research and innovation programs and digital European programme. Also the region has taken an initiative for the deployment of the digital infrastructure to improve the industrial and financial performance.
Hence, region is one of the major player in the growth of technology market, which will lead to enhance the growth of the Rich Communication Services (RCS) market.
Global Rich Communication Services (RCS) Market: Key Players Overview
Vodafone Group is a multinational telecommunication company which operate its service in the region of Asia, Europe, Africa and Oceania. In 2018, the Infobip has partnership with the Vodafone which is a part of GSMA RCS initiatives to upgrade the B2C communication and to enhance the user experience. As well as the UK based Vodafone has also partner with RCS messaging solution to its enterprise market with the help of Infobip. Moreover, the company is taking an initiative for messaging on Rich Communication Services (RCS) for the business and consumer.
Verizon is a telecommunications company which provides wireless products and services. The company has one of the largest social telephone in the United States which operate in more than 60 million telephone lines in various states. In 2018, the company has launched RCS messaging for the Google Pixel 3 and 3 XL. Whereas the company advanced messaging provides a next generation of messaging services which is anticipate to replace the SMS.
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