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Telecommunication Relay Service (TRS) Market Share

Report ID: GMI4960
Published Date: Nov 2022
Report Format: PDF

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Telecommunication Relay Service Market Share

Bell Canada
Sprint Relay (T-Mobile USA Inc.)
Cisco Systems Inc.

are dominating the TRS market. These companies are focusing on strengthening their market presence through collaboration with regulatory bodies and are emphasizing the integration of advanced technologies, such as AI and ASR, into their solutions to enhance product capabilities.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of telecommunication relay service (TRS) crossed USD 4 billion in 2022 and is set to progress at over 10% CAGR during 2023 to 2032, owing to swelling smartphone adoption around the world.

The personal end-use segment is slated to expand at more than 10% CAGR between 2023 and 2032 on account of rising TRS traffic and enterprise-wide emphasis on catering to the extensive demand for telecommunication relay services.

The captioned telephone service segment is expected to account for over 20% of the market revenue share by 2032 as a result of the growing need for captioned telephone services as they have a built-in screen that displays text captions.

The LATAM telecommunication relay service industry is poised to be valued at over USD 1 billion by 2032 as a result of surging efforts to extend effective communication mediums to the deaf community in the region.