Report

Push-To-Talk Over Cellular Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

  • Publish Date: May,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global push-to-talk over cellular market size was US$ 4.8 billion in 2021. The global push-to-talk over cellular market size is forecast to reach US$ 8.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.1% during the forecast period from 2022 to 2030.

A combination of devices and communication services are known as push-to-talk over cellular. It's a collection of procedures involving wireless devices and two-way communication technology. It primarily consists of a smartphone push-to-talk voice service that enables one-to-many and one-to-one voice communication services over a cellular network. Push-to-talk via cellular is commonly used in applications that require broad geographic coverage, such as public safety and security, transportation and logistics, and more.

Factors Influencing Market Growth

Among the factors driving the global market include the rising adoption of push-to-talk over cellular devices among various industry verticals across the globe for different applications, the growing penetration of mobile devices, and an increase in the number of internet users worldwide.
The expansion of various LTE network products for strong communication services among many industry verticals fuels the global market growth.
The increased initial expense of additional network services such as bytes per sec and the existence of latency and gaps in communication may slow down the overall market growth.
With the advent of the 5G network, several industries are opting for push-to-talk over cellular rather than the traditional walkie-talkie. Thus, this factor is forecast to offer a lucrative opportunity for the global market during the forecast period.
Impact Analysis of COVID-19

The COVID-19 pandemic had a minimal impact on the global market. As the demand for push-to-talk over cellular for public safety and security applications grew, so did the need for push-to-talk over cellular. In hotspots of COVID-19, the government and disaster management organizations were increasingly using push-to-talk over cellular devices for communication.

Regional Insights

The Asia Pacific region is forecast to garner the highest growth rate in the market during the forecast period. The industrial sector in China, India, and Japan economies is rapidly growing, reinforced by the government's profitable business policies and free mobility of the workforce. Thus, the number of migratory workers is growing constantly, facilitating organizations to adopt advanced connectivity solutions to help their employees in establishing effective communication platforms. In addition, the constant demand for integrated voice and data on mobile devices and the rising of push-to-talk-enabled smartphones in China create growth opportunities for the global market in the region.

Leading Competitors

The leading prominent companies profiled in the global push-to-talk over cellular market are:

AT&T Incorporated
Bell Canada
Kyocera Corporation
Mobile Tornado
Motorola Solutions, Incorporated
Qualcomm Technologies, Incorporated
Simoco Wireless Solutions
Sonim Technologies, Incorporated
Sprint Corporation
Verizon Communications Incorporated
Other Prominent Players
Scope of the Report

The global push-to-talk over cellular market segmentation focuses on Device Type, Connectivity Type, Component, End-Users, and Region.

Segmentation based on Device Type

Push-to-Talk Over Cellular Land Mobile Radio (PTToC LMR)
PTToC Long-Term Evolution (LTE)
Segmentation based on Connectivity Type

3G
4G
Wi-Fi
Others
Segmentation based on Component

Devices
Mobile Devices
Network Devices
Hybrid Devices
Others
Software
Carrier-integrated PTT Solutions
OTT PTT Solutions
Services
Segmentation based on End-Users

Public safety & security
Construction
Energy & utility
Transportation & logistics
Manufacturing
Government & Defense
Travel & hospitality
Others
Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America