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The global push-to-talk market size is projected to reach USD 25.22 billion by 2027 owing to the rising popularity of PTT solutions in small & medium enterprises (SMEs). This information is contained in the new Fortune Business Insights™ report, titled “Push-to-talk Market Size, Share & Covid-19 Impact Analysis, By Component (Devices, Software, and Services), By Network Type (Push-to-talk over Cellular (PoC), and Land Mobile Radio (LMR)), By Enterprise Size (SMEs, and Large Enterprises), By Sector (Public Safety & Security, Government & Defense, Transportation & Logistics, Energy & Utility, Travel & Hospitality, and Others (Manufacturing, Construction, etc.)) and Regional Forecast, 2020-2027”. The report states that the market value stood at USD 12.00 billion in 2019 and is expected to grow at a CAGR of 10.0% from 2020 to 2027.
The COVID-19 pandemic is expected to have a positive impact of the market as social distancing and nationwide lockdowns have forced people to work from home. Moreover, public safety and emergency medical agencies are relying heavily on PTT devices to coordinate their efforts towards mitigating this crisis.
Motorola Partners with SFR to Deliver Broadband PTT Services in France
In January 2020, the French National Railway (SCNF) became the first to adopt and execute the broadband push-to-talk and push-to-video services provided by Motorola Solutions in partnership with SFR, one of the leading telecommunications companies in France. The services provided by Motorola under its third generation partnership project (3GPP) with SFR are of the mission critical (MC-PTT) variety. The companies plan on extending their partnership through deployment of the next-generation broadband PTT for enhanced connectivity and operational efficiency for businesses and public service authorities. Extensive utilization of PTT devices and solutions by government bodies is one of the marquee features of this market.
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079
Growing Preference for Push-to-Talk over Cellular (PoC) to Boost the Market
Although in existence for many years, push-to-talk over cellular (PoC) is a technology whose adoption has been hindered by the inefficient mobile networks. However, the advent of 4G, and now 5G, have renewed interest in PoC technologies, which is boding well for the push-to-talk market growth. The most distinguishing feature of PoC devices is that they combine the characteristics of two-way radio and integrate them with mobile networks to establish a smooth and uninterrupted communication channel between entities. For example, PoC radio is an industrial device that can be used by simply clicking a button on top of the device to initiate or end communication. Their robust design and operational capability make them the ideal candidate to enable communication in the public safety and defense sectors.
Enabling Efficient Communication to be the Key Focus for Market Players
Efficient communication through reliable network connectivity is the topmost priority for PTT services and devices providers in this market. Such communication ensures quick exchange of information among officers and other workers in the field, especially in the armed forces and public security agencies. Thus, most companies in this market are heavily investing in R&D to design devices and solutions that are well- equipped and calibrated to leverage the rapid advancements in communications technologies such as 5G and Internet of Things (IoT) and deliver optimum results.
Industry Development
List of Players Covered in the Market Report:
Further Report Findings:
Table of Segmentation:
ATTRIBUTE | DETAILS |
Study Period | 2016 – 2027 |
Base Year | 2019 |
Forecast Period | 2020 – 2027 |
Historical Period | 2016 – 2018 |
Unit | Value (USD billion) |
Segmentation | By Component
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By Network Type
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By Enterprise Size
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By Sector
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By Region
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