The Push To Talk Global Market Report 2023 by The Business Research Company, provides push to talk market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Push To Talk Global Market Report 2023, the market size will grow from $25.21 billion in 2022 to $27.57 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global push to talk is expected to grow to $39.5 billion in 2027 at a CAGR of 9.4%.
The increase in penetration of wireless devices and smartphones is driving the growth of the push-to-talk market. The rapid adoption of smartphones continues.
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The push to talk market is segmented:
1) By End-User: Public Safety and Security, Transportations and Logistics, Government, Energy and Utility
2) By Technology: 3G, 4G, Wi-Fi
3) By Components: Hardware, Software, Services
Evolving technologies are increasingly being used in the push-to-talk market. The introduction of advanced technologies such as 5G infrastructure and the LTE network is successfully creating opportunities in the push-to-talk market. In addition, technologies such as the IoT, Artificial Intelligence, and natural language processing are also being used in the market. For instance, in March 2020, American Telephone and Telegraph Company (AT&T) introduced its FirstNet Push-to-Talk (FirstNet PTT), a solution based on the 3GPP’s mission-critical-push-to-talk (MCPTT), which offers public safety to use smartphones, and specialized ultra-rugged devices to use a two-way radio, with highly reliable, high-performance calling.
Top Major Players
American Telephone and Telegraph Company,
Motorola Solutions, Inc.,
Qualcomm, Inc.,
Verizon Communications, Inc.,
Sprint Corporation
The push to talk market report table of contents includes:
- Executive Summary
- Push to Talk Market Characteristics
- Push to Talk Market Trends And Strategies
- Push to Talk Market – Macro Economic Scenario
- Push to Talk Market Size And Growth
- Push to Talk Market Segmentation
- Push to Talk Market Regional And Country Analysis
……..
- Key Mergers And Acquisitions In The Push to Talk Market
- Push to Talk Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Push to Talk Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Push to Talk Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Push to Talk Market, Segmentation By Components, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
………..
Table 46: American Telephone and Telegraph Company Financial Performance
Table 47: Motorola Solutions Inc., Financial Performance
Table 48: Qualcomm Inc., Financial Performance
Table 49: Verizon Communications Inc., Financial Performance
Table 50: Sprint Corporation Financial Performance
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