Push-to-talk Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030

The Global Push-to-talk-over cellular Market valued at US $3.94 Billion in 2022 is anticipated to reach a value of US $8.09 Billion in 2030, growing at a CAGR of 9.4%.

Using wireless devices, push-to-talk over cellular (PoC) is a telecommunications technology that provides two-way communication. Customers and subscribers can use their phones as walkie-talkies with an unlimited network range thanks to this technology. It offers cellular network-based one-to-many and one-to-one voice communication services for smartphones. Additionally, the PoC provides cutting-edge features including GPS, IP-based interoperability, auto-pairing, mobile workforce management, group messaging, and fleet management. It allows long-distance and real-time communications, emergency notifications, and digital mobile radios (DMR). It is therefore commonly utilised in fields including public safety and security, manufacturing, construction, travel, hospitality, transportation, and logistics that demand extensive geographic coverage.

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Market Size and Prediction
The need to adopt a communication system that ultimately aids in enhancing productivity, which boosts profitability, as well as in eliminating wasted time, is one of the main factors driving the global push-to-talk market. Aside from that, the proliferation of cellular networks and the rise in mobile phone usage are creating new possibilities for Push-To-Talk technology to develop and find widespread application. Due to the increasing use of PTT accessories including microphones, speakers, and headphones, the market is expected to develop throughout the projected period as a result of an increase in PTT demand.

Over the projection period, 2020-2028, it is predicted that the global push-to-talk market would grow significantly. By network type, component, end user, and technology, the market is divided into segments. Push-To-Talk over cellular (POC), a network type segment, is expected to experience significant growth due to the growing number of people who own mobile devices, technological advancements like 5G, expanding ICT infrastructure, and most recent Wi-Fi technology, Wi-Fi 6, which was just recently introduced. The World Economic Forum claims that ICTs can increase productivity while lowering transactional and communication expenses. Additionally, the BYOD (Bring Your Own Device) system, which encourages employees to contact with each other via personal mobile devices, has become widespread at many companies around the world.

Key Tends of Global Push-to-talk-over Cellular Market

Deployment of LTE network

Advent of Long-term Evolution (LTE) networks in the mobile communication network has replaced land-mobile radio communication technology to facilitate communication in a wider range of areas. Third generation (3G), Terrestrial Trunked Radio (TETRA), Project 25 (P25), Long Term Evolution (LTE), and Internet of Things (IoT) are evolving networks that have emerged over the years with high deployment of various applications. This has prompted the development of large bandwidth architecture that underpins mission critical push-to-talk (PTT), push-to-start, push-to-locate, and push-to-message communications service.
It has thus increased the demand for push-to-talk solutions and has witnessed high growth in communicational needs to achieve interoperable communication in case of emergencies or accidents.

Segmental Analysis of Global Push-to-talk-Over Cellular Market:

Based on Component
Equipment
Software
Services
Based on Application
Public Safety and Security
Construction
Energy and Utility
Transportation and Logistics
Manufacturing
Government and Defence
Travel and Hospitality
Others

Competitive Landscape:
T&T Inc., Verizon Wireless, Motorola Solutions, Inc., T-Mobile, Qualcomm Incorporated, Bell Canada, Iridium Satellite LLC, Tait Communications, Zebra Technologies Corporation, Telstra Corporation Limited, Hytera Communications Corporation Limited, Simoco Wireless Solutions Limited, GroupTalk, Orion Labs, Inc., Zello Inc., Yiip, Inc. VoiceLayer, VoxerNet LLC, International Push to Talk Ltd (iPTT), Enterprise Secure Chat (ESChat), AINA Wireless, S.L. (Azetti Networks), ServiceMax, Inc. (US), PeakPTT, RugGear, and TeamConnect.

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