Push-to-Talk Over Cellular Market 2020: Growth, Demand, SWOT, ROI to 2026 | AT&T, Inc., Qualcomm Technologies, Inc., Verizon Communications, Motorola Solutions, Inc., Kyocera Corporation

High internet penetration equivalently increased the number of internet users. This has led to rise in adoption of push-to-talk applications among individuals across the globe. Moreover, the global push-to-talk over cellular market is expected to exhibit significant growth rate during the forecast period owing to significant rise in network traffic from rise in M2M connections, mobile, and wireless devices.

Deployment of LTE network, increase in number of Internet users across the world, and the proliferation of mobile devices have boosted the growth of the global push-to-talk over cellular market. However, the presence of latency and gaps in communication hampers the market. On the contrary, deployment of next-generation 5G network is expected to create lucrative opportunities in the near future.

Download Report Sample (150 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/6308

The global push-to-talk over cellular market was $3.17 billion in 2018 and is projected to reach $6.37 billion by 2026, growing at a CAGR 9.2% from 2019 to 2026.

The transportation & logistics segment is projected to register the fastest CAGR of 11.9% during the forecast period, owing to as it helps the companies in communication and handling operations effectively as the flows and volumes are increasing in the logistics industry at a rapid pace. However, the public safety & security segment held the largest share in 2018, accounting for more than one-fourth of the market.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/6308

The equipment segment held the largest share in 2018, contributing to more than three-fifths of the global push-to-talk over cellular market, owing to the ability of push-to-talk over cellular devices that provides collaborative and integrated solutions such as group communications. However, the services segment held the highest CAGR of 11.5% during the forecast period, due to rise in awareness regarding loss of performance and productivity due to lack of communications.

The global push-to-talk over cellular market across North America held the largest share in 2018, contributing to more than one-third of the market. As LTE coverage in North America has become ubiquitous, push-to-talk over LTE is increasingly prevalent, which means much faster data speeds and much lower network latency. However, the market across the Asia-Pacific region is expected to manifest the fastest CAGR of 10.5% during the forecast period. This is pertaining to high demand in Asia-Pacific-based industries such as transportation & logistics, public safety & security, and construction, owing to rise in infrastructure development activities in the region.

Pandemic disrupted the entire world and affected many industries.

Access full summary at: https://www.alliedmarketresearch.com/push-to-talk-over-cellular-market-A05943

Some of the key push-to-talk over cellular market players profiled in the report include AT&T, Inc., Qualcomm Technologies, Inc., Verizon Communications, Motorola Solutions, Inc., Kyocera Corporation, Mobile Tornado, Sprint Corporation, Bell Canada, Simoco Wireless Solutions, and Sonim Technologies Inc. Players operating in the market have witnessed high revenue growth opportunities for analytical solutions and services especially due to digitalization. This study includes the push-to-talk over cellular market analysis, trends, and future estimations to determine the imminent investment pockets.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.