| Source: Research and Markets
Dublin, IRELAND
Dublin, Oct. 20, 2023 (GLOBE NEWSWIRE) — The “Rich Communications Suite (RCS) Services – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Rich Communications Suite (RCS) Services Market to Reach $69.7 Billion by 2030
The global market for Rich Communications Suite (RCS) Services estimated at US$7.8 Billion in the year 2022, is projected to reach a revised size of US$69.7 Billion by 2030, growing at a CAGR of 31.5% over the analysis period 2022-2030.
A2P, one of the segments analyzed in the report, is projected to record 31.1% CAGR and reach US$48.3 Billion by the end of the analysis period. Growth in the P2p segment is estimated at 29% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 37.4% CAGR
The Rich Communications Suite (RCS) Services market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$13.8 Billion by the year 2030 trailing a CAGR of 37.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.8% and 31.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 27.1% CAGR.
What`s New?
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS(Total 252 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/8r9eke
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