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?
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) is a wireless communication method that enables instant and global mobile connectivity with the simple press of a dedicated key. It operates based on the push-to-talk communication (PTT) principle, which establishes an immediate connection between individuals or groups, eliminating the need to answer calls. By utilizing half-duplex communication, PoC allows single users to maintain seamless communication with a group without making multiple calls. PoC devices connect to mobile network operators’ cellular models using a SIM card, creating a highly reliable network with minimal maintenance or operational expenses. With its extensive geographical network coverage, PoC finds widespread use in various industries such as travel, hospitality, transportation, and logistics worldwide.
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What are the growth prospects and trends in the push-to-talk over cellular industry?
The market is experiencing a significant boost due to the surging demand for high-speed 5G connections, providing individuals with faster and more reliable internet access. This increasing need for seamless connectivity is driving the growth of the market as users seek to stay connected and access online resources efficiently. Additionally, the widespread utilization of smart devices, such as smartphones, tablets, and laptops, further contributes to the market expansion. These devices have become an integral part of people’s lives, and the demand for improved connectivity continues to rise in tandem. Moreover, the market is benefiting from technological advancements, including the development of cloud-based PoC services and the integration of AI and IoT in connected devices. These advancements enhance the functionalities of push-to-talk over cellular services, enabling users to communicate and collaborate effectively. As a result, the market is poised for growth, driven by the increasing demand for high-speed connectivity and the continuous evolution of technology.
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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