Industry Background:
Telecommunications Relay Services (TRS) were designed to assist persons with hearing or speech difficulties to interact with voice telephone users. Telecommunication relay services allow people with disabilities to make and receive calls through text with the assistance of a relay operator. In an MRS call, the relay operator uses text to communicate with the person who has a hearing or speech impairment and uses voice to speak with the other party. The Asia Pacific is the largest market for telecommunication relay services followed by North America and Europe due to its large population.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Bell (Canada), Convo (United States), AT&T, Inc. (United States), Brastel Co, Ltd. (Japan), Cisco Systems, Inc. (United States), Dialogic Corporation (United States), HKBN (Hong Kong), Taiwan Star Telecom Corporation Limited (Taiwan), Italk Global Communications, Inc. (United States) and Microsoft (United States) |
This growth is primarily driven by Need Of Communication Service for People with Disabilities and Increasing Consumption of Telecommunication Relay Service in Smartphones.
Globally, a noticeable market trend is evident Introduction Of Video Relay Services The Integrated Telecommunication Services sector in the Asia Pacific region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Bell (Canada), Convo (United States), AT&T, Inc. (United States), Brastel Co, Ltd. (Japan), Cisco Systems, Inc. (United States), Dialogic Corporation (United States), HKBN (Hong Kong), Taiwan Star Telecom Corporation Limited (Taiwan), Italk Global Communications, Inc. (United States) and Microsoft (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The players in this market are large carriers who offer telecommunication relay services, free of charge in some nations along with their regular services. Offering a wide variety of technologies as per the convenience of customers is the key in this market. Patents could be entry barriers for new entrants in this market.
Regulatory Insights:
According to Title IV of the Americans with Disabilities Act, “The Commission shall, not later than 1 year after July 26, 1990, prescribe regulations to implement this section, including regulations that—‘establish functional requirements, guidelines, and operations procedures for telecommunications relay services. ‘Require that users of telecommunications relay services pay rates no greater than the rates paid for functionally equivalent voice communication services with respect to such factors as the duration of the call, the time of day, and the distance from point of origination to point of termination.
Influencing Trend:
Introduction Of Video Relay Services
Market Growth Drivers:
Need Of Communication Service for People with Disabilities and Increasing Consumption of Telecommunication Relay Service in Smartphones
Challenges:
Availability Of Chat Services and Complex Nature of Telecommunication Relay Service
Restraints:
Cost Of Infrastructure of Telecommunication Relay Service Is High
Opportunities:
Growing Government Incentives to Develop Telecommunication Relay Service for People with Disabilities and Increasing Demand for Telecommunication Relay Service from Asia Pacific Region
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Telecommunication Relay Service Market
- Analysis about New Entrants in Telecommunication Relay Service Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Telecommunication Relay Service Study Sheds Light on
The Telecommunication Relay Service Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Telecommunication Relay Service industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Telecommunication Relay Service industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.