The global push-to-talk over cellular market size was US$ 4.8 billion in 2021. The global push-to-talk over cellular market size is forecast to reach US$ 8.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.1% during the forecast period from 2022 to 2030.
A combination of devices and communication services are known as push-to-talk over cellular. It's a collection of procedures involving wireless devices and two-way communication technology. It primarily consists of a smartphone push-to-talk voice service that enables one-to-many and one-to-one voice communication services over a cellular network. Push-to-talk via cellular is commonly used in applications that require broad geographic coverage, such as public safety and security, transportation and logistics, and more.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a minimal impact on the global market. As the demand for push-to-talk over cellular for public safety and security applications grew, so did the need for push-to-talk over cellular. In hotspots of COVID-19, the government and disaster management organizations were increasingly using push-to-talk over cellular devices for communication.
Regional Insights
The Asia Pacific region is forecast to garner the highest growth rate in the market during the forecast period. The industrial sector in China, India, and Japan economies is rapidly growing, reinforced by the government's profitable business policies and free mobility of the workforce. Thus, the number of migratory workers is growing constantly, facilitating organizations to adopt advanced connectivity solutions to help their employees in establishing effective communication platforms. In addition, the constant demand for integrated voice and data on mobile devices and the rising of push-to-talk-enabled smartphones in China create growth opportunities for the global market in the region.
Leading Competitors
The leading prominent companies profiled in the global push-to-talk over cellular market are:
Scope of the Report
The global push-to-talk over cellular market segmentation focuses on Device Type, Connectivity Type, Component, End-Users, and Region.
Segmentation based on Device Type
Segmentation based on Connectivity Type
Segmentation based on Component
Segmentation based on End-Users
Segmentation based on Region