Dublin, Oct. 02, 2025 (GLOBE NEWSWIRE) -- The "Rich Communication Services (RCS) Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)" report has been added to ResearchAndMarkets.com's offering.
The global rich communication services (RCS) market size stood at a value of around USD 3.78 billion in 2024. The market is further expected to grow at a CAGR of 35.50% in the forecast period of 2025-2034 to attain a value of USD 78.94 billion by 2034. 
Rising Demand for Cloud Based Deployment Model to Spearhead the Market Growth of the Global Rich Communication Services (RCS) Industry
Based on deployment model, the cloud segment is predicted to hold a significant market share in the rich communication services (RCS) industry. This growth can be attributed to the increased implementation of cloud technology owing to its beneficial properties such as improved scalability, low maintenance costs, and easy integration.
In addition, the heightened demand for rich communication services in the healthcare sector, in an endeavour to make healthcare amenities more accessible to patients across the globe, is expected to further aid the market growth. These factors are expected to contribute to the overall market growth in the forecast period.
North America to Provide Lucrative Growth Opportunities to the Global Rich Communication Services (RCS) Industry
North America is estimated to hold a substantial share of the rich communication services (RCS) industry in the forecast period. This growth can be attributed to the presence of leading market players in the region. In addition, the growing availability of 5G network in the region is also predicted to propel the market growth.
Moreover, the demand for advanced communication channels such as the demand for chatbots is also expected to add to the industry growth. Furthermore, RCS provides lucrative expansion opportunities to mobile network operators seeking to join the internet messaging and communication services bandwagon. Meanwhile, the rapid technological advancements in the Asia-Pacific are anticipated to propel the market demand in the region, which is estimated to contribute to the market growth in the forecast period.
Rich Communication Services (RCS): Market Segmentation
Rich communication services (RCS) are mobile communication alternatives to SMS and other web-based messaging services. The RCS is a SIP and HTTP based communication channel that facilitates calling, messaging, video calling, and file transferring operations. RCS communication, just like web-based proprietary messaging services functions online, however, it also requires the phone system as in the case of SMS services. Thus, RCS provides interactive communication facilities such as in web-based communication mechanisms such as messenger and WhatsApp, while also offering the reach of SMS.
Rapid Digitalisation and the Growing Smartphone Penetration to Drive the Global Rich Communication Services (RCS) Industry
The heightened digitalisation with increased adoption of the internet of things (IoT) and increasing access to internet facilities across industries is anticipated to propel the demand for rich communication services in the coming years. According to the World Bank statistics, in 2017, 49% of the global population had access to the internet compared to 41.7% in 2015.
In addition, the growing mobile phone ownership is also contributing to the market growth significantly. According to the World Bank's World Development Report of 2016, 8 out of 10 people in the developing nations owned a mobile phone, and this number is expected to steadily increase over time. Furthermore, rapid technological advancements are also expected to aid the industry growth. These factors are estimated to positively impact the market growth in the forecast period.
Key Industry Players in the Global Rich Communication Services (RCS) Market
The report gives a detailed analysis of the following key players in the global rich communication services (RCS) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- AT&T
- Google LLC
- Vodafone
- Deutsche Telekom AG
- Ribbon Communications Operating Company, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 158 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value (USD) in 2025 | $3.78 Billion |
| Forecasted Market Value (USD) by 2034 | $78.94 Billion |
| Compound Annual Growth Rate | 35.5% |
| Regions Covered | Global |
Key Topics Covered:
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Rich Communication Services (RCS) Market Analysis
5.1 Key Industry Highlights
5.2 Global Rich Communication Services (RCS) Historical Market (2018-2024)
5.3 Global Rich Communication Services (RCS) Market Forecast (2025-2034)
5.4 Global Rich Communication Services (RCS) Market by Deployment Model
5.4.1 On-Premise
5.4.2 Cloud
5.5 Global Rich Communication Services (RCS) Market by Enterprise Size
5.5.1 Small and Medium Scale Enterprises
5.5.2 Large Scale Enterprises
5.6 Global Rich Communication Services (RCS) Market by Applications
5.6.1 Rich Calls and Messaging
5.6.2 Content Delivery (Content Sharing, File Transfer)
5.6.3 Value Added Services (VAS)
5.6.4 Marketing and Advertising Campaign
5.6.5 Cloud Storage
5.7 Global Rich Communication Services (RCS) Market by Industry Vertical
5.7.1 Healthcare
5.7.2 Retail and E-Commerce
5.7.3 BFSI
5.7.4 IT and Telecom
5.7.5 Travel and Tourism
5.7.6 Others
5.8 Global Rich Communication Services (RCS) Market by Region
5.8.1 North America
5.8.2 Europe
5.8.3 Asia-Pacific
5.8.4 Latin America
5.8.5 Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/e7cv7c
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