11.2% CAGR for Push to Talk Market Size to Hit $55 Billion, Globally, by 2027 with Increasing Adoption of LTE Network – Growth Report by The Insight Partners

Advertisement

The global push to talk market growth is impelled by increasing penetration of rugged smartphones, rapid deployment of 4G/5G network and increasing adoption LTE network.

New York, Nov. 24, 2022 (GLOBE NEWSWIRE) — According to The Insight Partners, “Push to Talk Market Size, Share, Growth, Trends and Forecaststo 2027 – Global Analysis and Forecasts by Component (Hardware, Software, Services); Enterprise Size (Large Enterprises, SMEs); Network Type (Land Mobile Radio, Cellular); End-user (Government and Defense, Transportation and Logistics, Travel and Hospitality, Energy and Utilities, Construction, Manufacturing, Others)”, The push to talk market size is projected to grow from USD 21.38 billion in 2017 and is projected to reach USD 55.01 Billion by 2027; it is estimated to grow at a CAGR of 11.2% from 2017 to 2027


Download Sample PDF Brochure of Push to Talk Market Size – COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00009806


Global Push to Talk Market Values, Segmentations, Regional & Country Scope:

Market Size Value in USD 21.38 Billion in 2017
Market Size Value by USD 55.01 Billion by 2027
Growth rate CAGR of 11.2% from 2018-2027
Forecast Period 2020-2027
Base Year 2018
No. of Pages 223
No. of Tables 116
No. of Charts & Figures 92
Historical data available Yes
Segments covered Component; Enterprise Size; Network Type; End-user.
Regional scope North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scope US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends


Global Push to Talk Market: Competitive Landscape and Key Developments

AT&T Inc., Bell Canada, Iridium Communications Inc., Motorola Solutions, Inc., Qualcomm Incorporated, Sprint Corporation, Tait Communications, Telstra Corporation, Verizon Wireless, Zebra Technologies Corporation are among the leading players profiled in the Push to Talk market report. Several other essential market players were analyzed for a holistic view of the market and its ecosystem. The report provides detailed market insights, which help the key players strategize their growth. A few developments under Push to Talk market are mentioned below:

  • In May 2019, Qualcomm Partnered with Google to expand the market for Android and make it easier for OEMs for launching devices based on Snapdragon mobile platforms. Further, under this partnership, Qualcomm is expected to create a reference design and development kit for building Assistant-enabled Bluetooth headphones.


Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00009806

  • In March 2020, Verizon unveiled its plan to launch MCPTT (mission-critical push-to-talk) services. The company aimed to bring Business Critical PTT service for the enterprises and provides ambient listening and other advanced features.


Some of the recent developments in the North American push to talk market size are:

March 2020, Siyata Mobile in collaboration with Verizon introduced Push-to Talk LTE In-Vehicle Cellular IoT Device. The UV350 is the world’s first 4G/LTE in-vehicle IoT cellular solution, integrating voice, push-to-talk over cellular, data, fleet management, and other public safety software to support increase situational awareness, and help save lives. This collaboration also supports Siyata Mobile to increase its customer reach.

March 2019, Verizon unveiled its plan to launch MCPTT (mission-critical push-to-talk) services. The company aimed to bring Business Critical PTT service for the enterprises and provides ambient listening and other advanced features. The company also planned to offer priority and pre-emption and enable public-safety users to choose the interface they feel most comfortable working with.


Have a Question? Speak to Research Expert: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00009806


Increasing Adoption LTE Network Opportunities for Push to Talk Market Growth during (2017-2027):

With the rapid adoption of LTE network in the mobile communication, LTE is replacing land mobile radio as communication network. The traditional land mobile radio network was limited to certain area. However, with the evolution of LTE network, it is possible to communicate in wider area efficiently. Vendors have huge opportunity to tap the demand for LTE based push to talk devices. Several new developments in industries are changing the dynamics of push to talk by making it even more useful. With the emergence of 4G and 5G network, the adoption of industry standard push to talk has significantly increased. Push to talk is emerging as a high-performance application with the wide availability of 4G and 5G network. Vendors are highly focused to fulfill the demand of push to talk devices supporting 4G/5G network which is propelling the Push to Talk Market growth.

The push to talk market size in North America region offer ample revenue opportunities to players, attributed to the existence of widespread communication technologies as well as the world’s leading telecom service providers and PoC solution providers, including AT&T, Motorola Solutions, and Verizon Wireless, among others. With the growing usage of mobile devices, the need of PoC has also increased. Also, PoC has observed stable Push to Talk Market share in the region owing to the availability of 4G LTE networks. The increasing incidences such as natural disasters, criminal activities, as well as cross-border terrorism are some of the crucial factors bolstering the necessity for public safety, which in turn increasing the demand for PTT solutions and services in the region.


Buy Premium Copy of Push to Talk Market Growth Report (2017-2027) at: https://www.theinsightpartners.com/buy/TIPRE00009806


Push to Talk Market: Industry Overview

The Push to Talk market has been segmented based on component, enterprise size, network type, end-user and geography. Based on component, the push to talk market is segmented into hardware, software, and services. In terms of enterprise size, the push to talk market is segmented into SMEs, large enterprises. Based on network type, the push to talk market is segmented into land mobile radio, cellular. In terms of end-user, the push to talk market is segmented into government and defense, transportation and logistics, travel and hospitality, energy and utilities, construction, manufacturing, others. Based on geography, the Push to Talk market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).



Browse Adjoining Reports:

Push-to-Talk Over Cellular Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Hardware, Software, Services); Application (Construction, Energy and utility, Transportation and logistics, Manufacturing, Government and Defense, Travel and hospitality, Others) and Geography

Land Mobile Radio Market to 2025 – Global Analysis and Forecasts by Type (Hand portable and In-vehicle), Technology (Analog, Digital, TETRA, DMR, P25 and Others), Frequency (25-174 VHF, 200-512 UHF and 700 MHz & above) and Application (Commercial, Industrial and Public Safety & Government)

Land Mobile Wireless Systems Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Hand Portable, In-Vehicle (Mobile)); Technology (Analog, Digital) and Geography

Mobile VoIP Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Services and Platform

Voice Communication Control System Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Solution (Hardware, Software, Services); Platform (Air, Ground, Maritime); Application (Air Traffic Control, Vessel Traffic Control, Strategic Emergency Services, Others); End User (Commercial, Defense) and Geography

Voice over LTE Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Technology

Audio Communication Monitoring Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Solution & Service (Quality Analysis, Voice Biometric System, Loudness Metering & Monitoring, and Support and Maintenance Services); Enterprise (Small & Medium Enterprise and Large Enterprise); and Application (Transportation & Logistics, Government, Telecommunication & IT, Healthcare, Media & Entertainment, BFSI and Others)

Secure Mobile Communications Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Solution, Service); Organization Size (Large Enterprise, SMEs); Industry (Manufacturing, Retail, Healthcare, Government, Public Sector, Telecommunication, Security and Defense, Others) and Geography

Voice Assisted Application Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component (Solution, Service); Application (Web Application, Mobile Application, Devices); Vertical (Healthcare, Retail and E-commerce, Media and entertainment, Telecommunication and IT, Education, Travel and Hospitality); Organization (Small and medium-size Enterprises, Large enterprises); Deployment (On-premises, Cloud) and Geography

Managed Communication Service Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Unified Communication, E-mail, VoIP, Others); Deployment Type (On-Premises, Cloud); End-Users (Retail, BFSI, Healthcare, Public Sector, Others) and Geography



About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail:
sales@theinsightpartners.com
Phone: 
+1-646-491-9876
Press Release:
https://www.theinsightpartners.com/pr/push-to-talk-market

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaShorts takes no editorial responsibility for the same.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More