Rich Communications Services Market – Global Industry Analysis and Forecast (2024-2030)

Sandipmaximize19 Feb, 2025Business

The driving factors for the growth of Global Rich Communications Services Market are the increasing mobile subscription, rising demand for mobile value-added services, growing investments in IMS and LTEs and huge impact of social networks. Other factors resulting in growth of this market are the operators reducing costs and increasing capacity by moving voice calls from 2G and 3G to LTE(4G). Additionally, LTE is more efficient at carrying calls and messages relative to traditional calls.