According to the latest report by IMARC Group, titled, “Push-to-Talk Over Cellular Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, 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.
Push-to-talk over cellular (PoC) refers to a wireless two-way cellular communicating method enabling instant and global mobile connectivity with the ability to communicate on a push of a specific key. It relies on the push-to-talk communication (PTT) principle, which establishes an active connection between two individuals or groups and eliminates the requirement of answering calls. It utilizes half-duplex communication, which is extremely useful for single users who want to maintain comprehensive communication with a group without making multiple calls. PoC devices connect to the cellular model of mobile network operators using a sim card and establish a highly reliable network that requires minimum maintenance or operational expenses. Furthermore, as it offers wide geographical network coverage, PoC is widely utilized in the travel, hospitality, transportation, and logistics sectors across the globe.
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Push-to-Talk Over Cellular Market Trends and Drivers:
At present, the increasing demand for high-speed 5G connection to connect with individuals and access the internet represents one of the primary factors influencing the market positively. Besides this, the rising utilization of various smart devices, such as smartphones, tablets, and laptops, is propelling the growth of the market. In addition, technological advancements, such as the development of cloud dependent PoC services and the incorporation of connected devices with artificial intelligence (AI) and the internet of things (IoT) to enhance functionalities, are bolstering the growth of the market.
Push-to-Talk Over Cellular Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- 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.
The report has segmented the market based on connectivity type, component and application.
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
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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