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Rich Communication Services Market

Rich Communication Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Rich Communication Services Market is expected to regsiter a CAGR of 12.5 % over the forecast period 2021 - 2026. Text messaging is still the most direct and widely used form of communication. As a result, two-way automated enterprise-to-person text messaging, known as A2P mobile messaging, has become essential for businesses.
- Rich Communication Services (RCS) is a successor to SMS that supports read receipts, typing indicators, improved group chats, and high-quality images. RCS relies on a standard called Universal Profile, which defines a way to tell other phones that it can spend and receive RCS. Various prominent smartphone vendors and telecom operators are increasingly developing, investing, and offering RCS platforms.

Rich Communication Services Market
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Rich Communication Services Market

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