The global push to talk (PTT) market size reached USD 27.04 Billion in 2020 and is expected to register a CAGR of 9.3% during the forecast period, according to latest analysis by Emergen Research. Increasing penetration of wireless devices and smartphones is a key factor expected to drive global push to talk market revenue growth during the forecast period. Rising need for instant communication solutions is also expected to augment global push to talk market revenue growth. Increasing adoption of push to talk over cellular (PoC) among SMEs is expected to boost global push to talk market growth to a significant extent over the forecast period. However, concerns regarding interoperability of push to talk with land mobile radio system is expected to hamper growth of the global push to talk market over the forecast period.
The study offers comprehensive coverage of the qualitative and quantitative analysis of the Push to Talk (PTT) market along with crucial statistical data about the Push to Talk (PTT) market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies. The report offers insightful information about the market dynamics of the Push to Talk (PTT) market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Push to Talk (PTT) market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Push to Talk (PTT) market.
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Some Key Highlights from the Report
- The hardware segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption of push to talk devices across various industries is expected to boost revenue growth of this segment going ahead.
- The large enterprise segment is expected to lead in terms of revenue over the forecast period due to rising adoption of push to talk devices, solutions, and services among large enterprises.
- Increasing implementation of push to talk over land mobile radio systems is expected to drive revenue growth of the land mobile radio system segment, which is expected to lead in terms of revenue contribution to the global push to talk market during the forecast period.
- The public safety segment is expected to lead in terms of revenue over the forecast period due to increasing adoption of push to talk in the public safety sector.
- Factors such as rising PoC adoption in countries in North America is expected to drive growth of the market in the region.
Key Companies Profiled in the Report:
Motorola Solutions, Inc., AT&T Inc., Qualcomm, Inc., Telefonaktiebolaget LM Ericsson, Zebra Technologies Corporation, Zello, Inc., Kyocera Corporation, Azetti Networks AG, Verizon Communications, Inc., and BCE Inc.
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Emergen Research has segmented the global push to talk market on the basis of component, organization size, network type, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solutions
- Hardware
- Services
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Large Enterprises
- SMEs
Network Type Outlook (Revenue, USD Billion; 2018–2028)
- Land Mobile Radio System
- Cellular
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Transportation and Logistics
- Government
- Energy & Utilities
- Manufacturing
- Education
- Public Safety
- Retail
- Healthcare
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Radical Highlights of the Push to Talk (PTT) Market Report:
- Comprehensive overview of the Push to Talk (PTT) market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Push to Talk (PTT) market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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