Global Push to Talk Market to expand at 9% CAGR through 2026

May 27, 2020

According to the research report titled ‘Global Push to Talk Market Size study, by Component (Hardware, Solution and Services), by Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), by Network Type (Land Mobile Radio and Cellular), by Vertical (Public Safety, Government & defense, Commercial, Transportation and Logistics, Travel and Hospitality, Energy and Utilities, Construction, Manufacturing and Others ) and Regional Forecasts 2020-2026’, available with Market Study Report LLC, global push to talk market generated USD 25 billion in the year 2019 and is presumed to expand with a CAGR of 9% during 2020-2026.

Notably, PTT (push to talk), also known as press to transmit, is a type of method which comprises of partial communication. The PPT switch includes half duplex type of communication which is generally placed on the gadget for large scale and small scale radio users on their respective hand-held microphones. The device allows for clear and noise free communication.

Rising adoption of Push-to-Talk in cellphones coupled with growing demand for rugged and ultra-rugged smart phones are major factors driving the market growth. Increasing awareness pertaining to driver transition and safety of LMR (land mobile radio) systems in digital and analog devices is also aiding the market expansion. Increasing technological advancements and new collaborations among market majors is further stimulating the industry outlook. For instance, T-mobile introduced a broadband PTT (push-to-talk) service from ESChat which allows consumers purchasing PTTservices through T-mobile while connecting with ESChat users via various wireless networks. However, PTT related operations require high-speed 5G infrastructure, which is projected to hinder the market growth.

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By component, the market is split into services, solutions, and hardware. In terms of organization size, the push to talk industry is divided into large enterprises, medium sized enterprises, and small enterprises.

Based on network type, the industry is bifurcated into cellular and land mobile radio segments, whereas citing the vertical landscape, the market is categorized into manufacturing, construction, energy & utilities, travel & hospitality, transportation & logistics, commercial, government & defense, public safety, and others.

As per the regional scope, the North America push-to-talk industry is predicted to grow significantly during the study period, primarily due to high concentration of advanced communication technologies as well as leading telecom service companies. Moreover, the Asia-Pacific market is poised to acquire appreciable returns in the forthcoming years.

Telstra Corp. Ltd., Zebra Technologies Corp., Tait Communications, Qualcomm, Iridium Corp. Ltd., Bell Canada, Sprint Corp., Motorola Solutions Inc., Verizon Wireless and AT&T Inc. are the major companies in global push to talk industry.

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