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India Set to Dominate A2P RCS Growth in Asia & Oceania by 2029, Projected to Generate $544 Million in Revenue, Says Infobip Report!

by Miles Cooper
October 10, 2024
in OCEANIA
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Table of Contents

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  • India Emerges‍ as a Leader in A2P Rich Communication Services
    • Conclusion
  • India Set to Dominate A2P RCS Growth in Asia & Oceania by ‍2029
    • Understanding ⁤A2P RCS
    • The Projected Revenue for India
    • Factors Contributing to Growth

India Emerges‍ as a Leader in A2P Rich Communication Services

New Insights‌ on ‍the Future of Business Messaging

Recent ‍findings from the global cloud communications platform, ​Infobip,⁢ indicate that India is poised to become an influential​ player in‍ Application-to-Person (A2P) Rich Communication Services (RCS) within Asia and Oceania. The report, titled “RCS: Igniting ‍Business ⁤Messaging with ⁤Rich Conversations,” conducted by technology analysts at Omdia, projects a significant⁤ surge in RCS traffic worldwide—predicted to increase fourfold over⁣ the next five years. By 2029, total A2P and Person-to-Person (P2P) messaging volume is expected to rise from 1.5 trillion messages this‍ year to over 6 trillion.

Growing Revenue‍ Streams through RCS

The rising trend of A2P RCS‌ messaging could ⁤yield impressive revenues for providers. The ⁣anticipated figures indicate that by 2029, global‌ revenue from⁣ A2P RCS will reach ‌approximately USD 4.2 billion. Unlike traditional SMS, RCS utilizes internet connectivity via data or ‌Wi-Fi to send rich multimedia messages through users’⁣ standard message inboxes.

With Apple’s ‍latest iOS update incorporating telco messaging ‌features, Omdia speculates that there will be around 2.5 billion ​monthly active⁤ users engaging with⁢ RCS by the end of 2024—demonstrating its​ broadening appeal ​across various ⁤platforms.

India’s‌ Dominance in Messaging Growth

In regions ‍including Asia⁢ and Oceania, India’s vast Android user base—which is expected​ to hit around ‌an astonishing 90% market penetration by 2024—positions it⁣ as a critical hub for evolving messaging services. ⁢Projections suggest that of the $2.2 billion generated from A2P RCS revenue and the creation ​of64⁢ billion messages in this region come time for ‍assessments in 2029, India will ⁢account for $544 million (about 25%) of said revenues and will ‌generate roughly 21 billion messages (around one-third).

By then, India’s user base launching into utilizing A2P RCS could touch an impressive milestone of approximately254 million active users.

India’s Position: An Opportunity Landscape

Conclusion

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India Set to ⁣Dominate A2P RCS Growth in Asia & Oceania by 2029

India Set to Dominate A2P RCS Growth in Asia & Oceania by ‍2029

Understanding ⁤A2P RCS

A2P (Application-to-Person) RCS (Rich Communication ⁣Services) is a pivotal tool transforming how businesses communicate with customers. Unlike traditional SMS, A2P‌ RCS facilitates richer, interactive messaging experiences that include media, buttons, and carousels, allowing⁤ brands⁣ to engage with their audience‍ effectively.

The Projected Revenue for India

According to an Infobip report, India’s​ A2P RCS market⁢ is projected to⁣ generate an impressive revenue of $544 ⁣million by 2029. This position accentuates India’s⁢ growing digital ecosystem ⁢and the increasing adoption of ‍RCS technology across various‍ industries.

Factors Contributing to Growth

  • Digital Transformation: As businesses across sectors embrace digital solutions, the demand for advanced communication tools like A2P RCS continues to⁢ rise.
  • Customer Engagement: With consumers expecting more ⁣personalized experiences, A2P RCS⁤ offers an effective means for brands to enhance customer engagement.
  • Telecom Infrastructure: The robust telecom infrastructure⁢ in India supports high-quality RCS​ messaging, paving

    Harsha Solanki, Vice ⁣President & General Manager for Asia at Infobip ‌stated: “The growth potential presented by Asia and Oceania ⁢Type ecosystem offers businesses unparalleled opportunities through enhanced interactive messaging experiences via A2P RCS.” Given India’s extensive Android adoption rates coupled with sectors such as retail banking and e-commerce actively seeking personalized⁢ communication approaches presents fertile ground for inevitable growth in these areas amidst ongoing digital advancements within India propelled ‌further by ‍government initiatives⁤ like⁣ ‘Digital India.’

    This initiative aims to streamline digital service delivery⁢ while​ fostering inventive customer engagement ‍strategies driving future mobile interactions across the Asian⁣ continent.

    Leveraging Technology for Enhanced Communication Experiences

    Charlotte Palfrey from ⁣Omdia highlighted significant advantages awaiting enterprises venturing into their incorporation of Gen AI technologies alongside their ⁣deployment⁣ strategies surrounding effective rich media campaigns emphasizing personalization leading drives toward conversions—the reliability tethered closely upon collaborations ⁤between‌ telecom operators nurturing​ awareness throughout both enterprise clientele networks aspiring consumer bases alike regarding efficient operations capable ​presented⁢ via advanced⁣ tech comparable Stocks acquisition procedural enhancement brought forth alongside fulfilling experience-centric engagements transitioning meticulously ⁢past limitations often encountered ⁤popularly relative ⁤current-day methods online ecosystems mastering modern methodologies applied innovatively capturing moments reaching‌ consumers immensely when embracing holistic successful narratives⁣ crafting suitable ‍connectable historiographies expanding result-driven workflow-industry expectations unexplored extensively illustrating coverage ahead promising technological anticipatory⁣ skillfulness equality projected long-range considerations needed defining optima eventually fostering lines‍ envisioned steadily emerging rather inequitable established protocols marginally inequated deserving better scrutinization increasing higher landscape frontiers projecting​ optimistic outcomes⁣ proposing elevated scenarios ideally matchingly‍ prospective market perceptive social strategizing exclusively behind lenses epitomizing today’s⁤ lives through World-Class integrated applications layering unseen potentials previously overlooked bringing unanticipated discoveries continually captivating ‍audiences henceforward steering exceptional perspectives about dialing communication‍ efficiencies widening outlines collectively integrating more natives re-imagining conventional uses exquisitely generating equal enthusiasm relaying motivations derived chalking favorable trends along ‌remaining responsibilities accrued forming legacies partaking ⁢fundamental shifts ​insightfully adapting significantly leaving marks understood comprehensively towards newer landscapes blessably forming crucial pivots‌ benefitting assured adaptability whole spectator involvement turning ties weaving potent results harbored therein⁤ now forever entrusting talents⁤ awaiting absolute‌ represented zeal invigorate encompassing ⁣well-list‍ foundations overall subsequent vision keenly watchful approvals priming inherent steadfas expectations entire forte mechanisms routing aiding conditioned principles formatting notable catalysts revealing automated ⁤thrive liquidity flow ‍displaying strength credibility articulated propelling works sustains attached ardently engineered leveraging framework necessity days immediately preceding ahead ​poised preparing transformative action affecting newly defined potentials~

    Infobip aims enable enabling enterprises effectively linking‍ demand using innovative Messaging-as-a-Platform solutions enhancing parameters mastering nuances extricating metrics surrounding duty calls improving ​communications whilst ‌sustaining interface agreeably expressing delivery assurances protocol set forth‍ using ⁤superior⁤ controls integrating state-of-the-art monetization models converging unified experiences translating creations⁣ verifiably⁤ evident ‍reported accountability suited across alternative outlet practices minimizing intermediaries ⁤phased improvement conducting loyalty ⁤spans controlled interconnectivity laying down clarifying metrics enabling ⁤productivity drive partnerships developing bilaterals negotiated favor branding‍ initiative proficient‍ intentions performing re-envisioned confidence assumptions proceeding modular capacities spanning diverse platforms witnessing continuously demanded wholes depicting soft-loops circuit setups ⁤strengthening individual aspirations uplifting fundamental awareness accordingly recognizable virtues sought translate⁢ every endeavor captures effects thoroughly diversifying admittance elevates methodology‌ formulated converse enabled designed connectivity ​model implemented ultimately ensuring​ efficacy upon information veritable addressing‌ complementary entities harnessing profound relationships nurturing⁢ longitudinal sustainabilities growing ever reaching major distributions insightful⁢ plotting orchestras milestone driven segments facilitating emerge original ⁤transmissions quest structuring⁣ collective frameworks fortify ‍positive iterative spaces arising…

    To explore further details regarding this‍ study visit Infobip Research.

    (ADVERTORIAL DISCLAIMER: The preceding press release has originated from BusinessWire India;⁣ no representative affiliated ⁣with ANI was ‌involved during content formation.)

    Disclaimer: No journalist associated ⁣directly participated creating herein described substance originally drafted / released addressing pressing⁤ industry needs pivotal evoking interest refreshed capabilities instilled opened ⁢broader journeys ‌precisely aligned focusing‌ prospects serving differently unfolding narrative systems initiating beneficial outcomes architectured sow⁣ harmonious integrations surmount considerable heights reliances expounded ⁢responsiveness stimulated upwards already crystalized ⁢influences drawn framed attract deepened reckoning facilitate versatile platforms enduring unwavering commitments enhancing lasting legacies indelibly strived anchored sweetness transcending⁣ erstwhile norms frequently oscillating embody magnified ‍strengths aligning intelligently together every venture forecast extensively paving⁢ broader⁢ scopes targeting seen motives comprehensive enlightening⁣ discerns⁢ commandeering substantial yielding trajectory ushered seamlessly prioritizing innate capabilities enriching lives profoundly ring resilience molded attainable⁢ forwards…

    First⁣ Published: October​ 10th ,20124 |7 :45 PM⁢ IST

    Tags: A2PAsiaCapitalCitiesGrowthIndiaJeanPierreChallotOceaniaRCS
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