The global cellular push-to-talk market size was estimated USD 6,187 million in 2024 and is predicted to reach around USD 16,792 million by 2034, expanding at a CAGR of 10.5% from 2024 to 2034.
Push-to-Talk (PTT) via cellular services is meant for solutions that allow real-time voice communication using cellular networks, as is obtained using conventional two-way radios. The cellular push-to-talk (PoC) market is on a boom due to its two-way instant voice communications that are offered across a variety of industries. This has gained popularity from its versatility, wider coverage, and cost-effectiveness. With such demands for instant communications in public safety and emergency response, huge sales growth prospects will rise with the digital revolution in the transport and logistics industries. Increased appetite for efficient communications in construction and field services, rampant penetration of 4G & 5G networks, and convergence with data services for multimedia sharing and real-time updates are other factors expected to continue benefitting the industry.
Emerging opportunities in the cellular PTT market include increased demand from the user community for mission-critical voice and video communication services, strong cybersecurity features, and integration of cellular PTT solutions with IoT devices to enable enhanced data sharing among all parties involved in projects. Thus, government contracts for public safety and defense sectors provide business opportunities for cellular push-to-talk providers themselves.
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| Stats ID: | 7308 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Stats ID: | 7308 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
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