SkyQuest projects that the global rich communication services market will attain a value of USD 30.97 billion by 2031, with a CAGR of 17.6% during the forecast period (2024-2031). The primary objective of the RCS market is to revolutionize and enrich the landscape of messaging services, reshaping how people communicate. Traditional SMS messaging is constrained by its inherent limitations, particularly in multimedia functionality and interactive elements. RCS steps in to bridge this gap, ushering
global market for Rich Communication Services estimated at US$ 5931.4 million in the year 2022, is projected to reach a revised size of US$ 26090 million.
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