Overview and Scope
Push to talk refers to instant communication used in wireless cell phone services that use a button to switch the device from voice transmission mode to voice reception mode. Push-to-talk technology supports the lifeline of many first responders through instantaneous communication.
Sizing and Forecast
The push to talk market size has grown strongly in recent years. It will grow from $26.56 billion in 2023 to $28.82 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to increase in penetration of wireless devices and smartphone, increased number of mobile workforce, the growing need for driver safety, and the transition of the lmr (land mobile radio) system from analog to digital.
The push to talk market size is expected to see rapid growth in the next few years. It will grow to $45.33 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to expansion of the telecommunication sector, the growing defense expenditure, the increasing population, and the increase in adoption of the internet of things (iot). Major trends in the forecast period include focus on innovative technologies, product innovations, strategic partnerships, implementation of push to talk solutions in a critical portable communication device to offer better communication in emergency situations and enhance the efficiency of frontline workers, and implementation of push to talk solution in mobile devices to offer mission-critical communications.
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Segmentation & Regional Insights
The push to talk market covered in this report is segmented –
1) By Technology: 3G, 4G, Wi-Fi, Other Technologies
2) By Componets Type: Hardware, Software, Services
3) By End User: Public Safety And Security, Transportations And Logistics, Government And Defense, Other End Users
North America was the largest region in the push to talk market in 2023. The regions covered in the push to talk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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. For example, more than 50% of mobile handsets in the USA have future penetration gains anticipated. In the USA there are 325 million mobile subscriptions, a 103% penetration rate. Therefore, the increasing penetration of wireless devices and smartphones is driving the push to the talk market rapidly.
Key Industry Players
Major companies operating in the push to talk market report are The AT&T Inc, Verizon Communications Inc, T-Mobile, Motorola Solutions, Inc, Bell Canada Enterprises Inc, L3Harris Technologies, Inc, Telefonaktiebolaget LM Ericsson, Zebra Technologies Corporation, Hytera Communications Corp Ltd, Icom Inc, Singtel Optus Pty Limited, Bharti Airtel, Reliance Jio Infocomm Ltd., Bharat Sanchar Nigam Limited (BSNL), Nippon Telegraph and Telephone, KDDI Corporation, Tait Communications, Telstra, Iptt & International Push To Talk Ltd, Vodafone, Orange, SFR, Deutsche Telekom AG,, BT Group plc, Virgin Media, TIM S.p.A, Wind Tre S.p.A., MásMóvil Ibercom, S.A., MTS, MegaFon, Polkomtel Spo.o., CETIN a.s., Nordic Telecom s.r.o, Multicom SA, TELUS, Zello, ESChat, Iridium Communications Inc., Qualcomm Technologies, Inc., Voxer, Mondelez Brasil Norte Nordeste Ltda, Signify Iluminacao Brasil Ltda, Thuraya Telecommunications Company, Etisalat, Nedaa, Shatel
The push to talk market report table of contents includes:
1. Executive Summary
2. Push to Talk Market Characteristics
3. Push to Talk Market Trends And Strategies
4. Push to Talk Market – Macro Economic Scenario
5. Global Push to Talk Market Size and Growth
…
32. Global Push to Talk Market Competitive Benchmarking
33. Global Push to Talk Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Push to Talk Market
35. Push to Talk Market Future Outlook and Potential Analysis
36. Appendix
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