Rich Communication Services Market: North America and Europe is speculated with high growth

Rich communication system is an advanced version of the current system with unification of multiple clients, identities, numbers etc. over the rich network. This system is very useful for centralized management of multiple clients on a single platform, for assigning identity and number, for guided support and it is highly interoperable. There is high scope for the Rich Communication Services Market in various regions to improve the communication services across the globe during 2015-2020.

Scope and Regional Forecast of the Rich Communication Services Market:

According to the IndustryARC research analysis studies on the Rich Communication Services Market, North America is the leading region which invests heavily for the development of the rich network and rich communication suite. These services are expected to be highly used by clients and enterprises in this region by 2020.

Europe is estimated to witness healthy growth in the Rich Communication Services Market. The interoperability of support system and centralized management are the major perks of using rich communication services and are expected to drive the market demand during 2015-2020.

Asia Pacific is the largest region in the Rich Communication Services Market with high scope of application in many countries across the region. Many companies are trying to penetrate the Asia Pacific region, since it has huge scope for use of rich communication services during 2015-2020.

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Segmentation and Key Players of the Rich Communication Services Market:

The Rich Communication Services Market is segmented into various categories in the IndustryARC marketing research report by type, by solution type, by application, by partner and by geography as follows:

By type: RCS, RCS-e (enhanced) and RCS-like

By solution type: Unified Messaging, Web Conferencing, VoIP, Online Storage, File Transfer/Content Sharing, Multimedia, IM & Presence Service, Geolocation Exchange, Network Backed List, Social Presence Information, SIP Options/Presence Based Capability Exchange and others

By application: Mobile Commerce, Cloud Storage/Access, VoLTE, Rich Calls & Messaging, Video, Enterprise, Social and Value Added Services (VAS)

By partner: Independent Software Vendors (ISVs), API Providers, OTT Service Providers, Mobile Network Operators (MNOs), Original Equipment Manufacturers (OEM) and Infrastructure Provider

By geography: North America, South America, Europe, Asia Pacific and ROW

The key players in the Rich Communication Services Market according to the IndustryARC research report are as follows:

  • Mavenir Systems
  • Acme Packet
  • Alcatel Lucent
  • Huawei
  • NSN

The Rich Communication Services Market is a high potential market with various applications of RCSE, GSMA and LTE communication services for better and efficient communication system with high quality data services across the globe. This market is expected to witness high growth owing to high R&D by companies to enhance communication rich network, utilization of rich communication suite by population and business owners and increasing demand for rich services in various regions across the globe during 2015-2020.

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