Push-to-Talk Over Cellular Market Size to Reach US$ 8.2 Billion 2023-2028

IMARC Group, a leading market research company, has recently releases report titled, "Push-to-Talk Over Cellular Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The study provides a detailed analysis of the industry, including the global push-to-talk over cellular market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the push-to-talk over cellular market?

According to the report, The global push-to-talk over cellular market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion by 2028, exhibiting a growth rate (CAGR) of 9.9% during 2023-2028.

What is push-to-talk over cellular?

Push-to-talk over cellular (PoC) refers to a wireless two-way cellular communicating method enabling instant and global mobile connectivity with the ability to communicate on a push of a specific key. It relies on the push-to-talk communication (PTT) principle, which establishes an active connection between two individuals or groups and eliminates the requirement of answering calls. It utilizes half-duplex communication, which is extremely useful for single users who want to maintain comprehensive communication with a group without making multiple calls. PoC devices connect to the cellular model of mobile network operators using a sim card and establish a highly reliable network that requires minimum maintenance or operational expenses. Furthermore, as it offers wide geographical network coverage, PoC is widely utilized in the travel, hospitality, transportation, and logistics sectors across the globe.

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What are the growth prospects and trends in the push-to-talk over cellular industry?

At present, the increasing demand for high-speed 5G connection to connect with individuals and access the internet represents one of the primary factors influencing the market positively. Besides this, the rising utilization of various smart devices, such as smartphones, tablets, and laptops, is propelling the growth of the market. In addition, technological advancements, such as the development of cloud dependent PoC services and the incorporation of connected devices with artificial intelligence (AI) and the internet of things (IoT) to enhance functionalities, are bolstering the growth of the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Connectivity Type:
3G
4G
Wi-Fi
Others

Breakup by Component:
Equipment
Software
Services

Breakup by Application:
Public Safety and Security
Construction
Energy and Utility
Transportation and Logistics
Manufacturing
Government and Defense
Travel and Hospitality
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

AT&T Inc.
Azetti Networks
Bell Canada
KYOCERA Corporation
Mobile Tornado (Intechnology plc)
Motorola Solutions Inc.
Qualcomm Technologies Inc.
Simoco Wireless Solutions (Team Telecom Group Limited)
Sonim Technologies Inc
Verizon Communications Inc.

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