Rich Communication Services Market 2020 to witness Impressive Growth Worldwide during COVID-19 Crisis

17/set/2020 19:52:00 Allied Analytics LLP Contatta l'autore

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The Global Rich Communication Services Market report is to depict the trends and upcoming for the Rich Communication Services Market industry over the forecast years. Rich Communication Services Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Global collaboration between the carriers for superior communication and emerging long-term evolution (LTE) technology primarily drive the rich communication services market. In addition, customer retention by offering them a better user experience and the investment made in LTE technology also fuels the growth in the rich communication services market. The competition with the over-the-top (OTT) players, which is a similar technology for enhanced communication is prime market restraint for rich communication services market. The economic feasibility of the rich communication services and mobile content administration services create ample opportunities in the rich communication services market.

The market is identified by a stiff competition within the key players. Key market players Ericsson Inc. and Huawei Technology Co. announced collaboration with ZTE Corporation, to develop a messaging application based on rich communication services platform, in March 2015. In February 2014, Ericsson Inc. announced its plans to integrate mobile networks using unified enterprise communication service, which is a rich communication service platform.

The service type is further classified into chat, content sharing, VoIP, IP video call, and file transfer. By user type, it is categorized into enterprise user and consumers. Based on deployment type, it is divided into cloud and on-premises deployment. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Market Players Profiled in the Report:

1. SAP SE

2. Alcatel-Lucent S.A

3. Huawei Technology Co

4. Ericsson Inc.

5. Nokia Networks

6. Comverse technology Inc.

7. Mavenir systems Inc.

8. GENBAND Inc.

9. Acision UK Ltd.

10. Interop Technologies LLC.

 

 

Source: Allied Market Research

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